Nvidia on Wednesday evening delivered a better-than-expected fiscal 2025 fourth quarter driven by a $2 billion revenue beat on data center sales. Forward guidance also exceeded estimates. Despite the enormous anticipation of the results, shares dropped 1.5% in after-hours trading. But given the volatile nature of the stock, a bigger move — in either direction…
“A very good friend of mine” was how US President Donald Trump described Chinese President Xi Jinping during his election campaign last year. Then, in the days after taking office in January, Trump said he “always liked” Xi, and that they “always had a very good relationship”. This month, Trump again hailed his “very good…
Former Hong Kong media boss Jimmy Lai Chee-ying has denied testing the limits of the national security law by allowing the publication of “dangerous” commentaries in the now-defunct Apple Daily newspaper, adding he will not take responsibility for every perceived mistake his tabloid’s contributors make. Prosecutors on Tuesday argued the 77-year-old tabloid founder knowingly endorsed…
US President Donald Trump’s nominee to head the White House Office of Science and Technology Policy says China is the top US competitor in both areas and warned the future depends on who leads in key sectors. “China has emerged as both our preeminent geopolitical rival and our most formidable technological and scientific competitor,” nominee…
OXON HILL, Md. (AP) — At an annual gathering of conservative activists, the signature red “ Make America Great Again ” hats popularized by President Donald Trump were interspersed with a noticeable number of the black “Dark MAGA” hats made popular by Elon Musk. It was just one sign of Musk’s emerging influence and how…
Despite the changing relationship between Washington and Beijing over the decades, the US defence industry has seen marked contributions from experts of Chinese heritage since at least the dawn of the nuclear age. But rising competition between the two powers, along with a general anti-China sentiment in research and development, has narrowed the path into…
The Department of Justice has eliminated its national database that tracked misconduct incidents among federal law enforcement officers. “Agencies can no longer query or add data” to the National Law Enforcement Accountability Database, the Justice Department posted in an online statement, confirming that it is being decommissioned as a result of an order signed by…
China has been promoting the latest version of its carrier-based stealth fighter jet at the Middle East’s biggest military expo as competition heats up for aircraft sales in the region. China National Aero-Technology Import & Export Corporation (CATIC) gave visitors to the International Defence Exhibition (IDEX) this week the first close look at a model…
WASHINGTON (AP) — The heads of four major labor unions on Wednesday called on President Donald Trump to boost American shipbuilding and enforce tariffs and other “strong penalties” against China for its increasing dominance in that sphere. The presidents of the United Steelworkers, International Brotherhood of Electrical Workers, International Brotherhood of Boilermakers and International Association…
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC U.S. President Donald Trump’s whirlwind blitz through the bureaucracy, economic policy and geopolitical affairs isn’t ending. As top U.S. officials meet their Russian counterparts for high-level talks, Trump suggested to reporters that Ukraine was somehow responsible…