Express News | The United States plans to extend AI chip export controls globally, with companies such as NVIDIA and AMD required to obtain licenses for exports.
At a Glance: Who Will Become the Next Supreme Leader of Iran?
Western media speculates: Will the new Supreme Leader be Khamenei's son, Khomeini's grandson, or a seasoned operator respected in both political and religious circles?
U.S. Stocks Close | On the eve of the non-farm payroll report, a surge in oil prices triggered inflation concerns, with the three major indices declining; the Dow Jones fell by 1.6%. Cybersecurity stocks bucked the trend, with Okta rising over 11%; gold,
The semiconductor sector fell more than 3% at one point during trading. NVIDIA rebounded in a V-shaped recovery to erase losses and narrowly turned positive by 0.16% towards the close. However, software stocks continued their recent upward momentum, with the North American Technology Software ETF closing up 2.27%. The US dollar rose by 0.6% at one point. The Australian dollar plummeted by 1.24%, falling nearly 100 pips intraday. Bitcoin, weighed down by both risk-off sentiment and tightening liquidity, dropped nearly 3% to around $71,000.
Originally planned for four weeks, now preparing for a 100-day campaign: Trump administration compelled to escalate Middle East war deployment.
According to a notification obtained by POLITICO, the U.S. Central Command is requesting that the Pentagon deploy additional military intelligence personnel to its headquarters in Tampa, Florida, to support operations targeting Iran for at least 100 days, potentially extending until September.
Top 20 by Trading Volume | Potential Global Expansion of Export Controls on AI Chips Causes NVIDIA to Drop Over 2% Intraday, but Close Higher; Broadcom Rises Nearly 5% on $100 Billion AI Revenue Guidance; Berkshire Hathaway Gains Nearly 3% as New CEO Resu
NVIDIA, the top traded stock on the US market on Thursday by turnover, closed 0.15% higher with a trading volume of $35.8 billion. According to reports, Leo Koguan, one of Tesla's largest investors and a self-proclaimed 'big fan' of Musk, dismissed concerns about an artificial intelligence bubble and purchased one million shares of NVIDIA. "I bought one million shares of NVIDIA last night, and I plan to continue buying," Koguan, co-founder of New Jersey-based software company SHI International, wrote on social media Wednesday. "I firmly believe that artificial intelligence is by no means a bubble; this is just the beginning."
U.S. Equity ETF Tracker | The U.S. is set to introduce measures to lower oil prices; the U.S. Crude Oil ETF surged before retreating but still rose by 5%; Broadcom backs copper-based interconnects, with the 2x leveraged CRDO surging over 23%; a 6 billion
All three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average down 1.61%, the S&P 500 Index down 0.57%, and the Nasdaq Composite down 0.26%. Large-cap technology stocks showed mixed performance, with Microsoft rising more than 1%, while NVIDIA, Netflix, Amazon, and Intel posted modest gains. Meta fell over 1%, and Apple, Tesla, and Google experienced slight declines. Cybersecurity stocks in the U.S. market performed strongly, with Okta surging 11%, CrowdStrike rising over 4%, and Datadog climbing more than 3%.