Nurphoto | Nurphoto | Getty Images Major global semiconductor stocks rose on Tuesday after Nvidia announced plans to invest $100 billion in OpenAI. The deal between Nvidia and OpenAI is on a large scale. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5…
Traders work at the New York Stock Exchange on June 4, 2025. NYSE Here are two statements that, on the surface, may appear contradictory: The U.S. labor market is weakening, with the number of jobs in June actually decreasing. The U.S. stock market is hitting all-time highs, with the Nasdaq Composite being the latest index…
China hit back at European Commission President Ursula von der Leyen after she accused the nation of distorting trade and limiting access for Europe’s firms — a back-and-forth clouding the outlook for an upcoming summit. “We hope the EU can realize that what needs to be rebalanced is the EU’s mindset, not China-EU economic ties,”…