impact

Nvidia finally has a chance to tell investors why their violent reaction to DeepSeek was a mistake.The chip giant’s Wednesday earnings are the first since DeepSeek’s AI sparked market panic.Key areas to watch are data center revenue, Blackwell’s ramp-up, inference demand, and policy.When Nvidia reports earnings on Wednesday, the chip…

Job cuts at the National Parks could make the parks less safe and less accessible, advocates say.NPS employees who had positions terminated included a wide range of roles.Advocates say the cuts could cause “disarray,” especially during the busy summer season.Though they may be called “America’s Best Idea,” the national parks…

Analysts say Tesla’s tariffs exposure remains uncertain and could hurt its margins — and its competitors’ more.Tesla is also likely to be impacted by the removal of Biden-era EV tax credits and the removal of emissions targets for automakers.However, Tesla could benefit from Elon Musk’s ties to Trump, especially when…

Economists say Trump’s buyout offer alone isn’t enough to impact the national job market.When you factor in the total cuts to federal spending, a larger negative effect is possible.Around 65,000 federal workers have reportedly accepted the buyout offer to leave their jobs.The Trump administration’s buyout offer to federal employees likely…

Carmakers won’t evenly be impacted by President Trump’s tariffs against Mexico and Canada.Some US companies rely heavily on Mexico or Canada to produce and import their cars.Even those with a strong US presence, such as Tesla and Rivian, will still feel the effects.For American automakers, the consequences of President Donald…

Point72 founder and New York Mets owner Steve Cohen spoke at iConnections’ Miami conference Tuesday.Cohen said Chinese company DeepSeek’s recent breakthroughs are good for the AI industry overall.”It advances the move to artificial superintelligence. And that’s coming, it’s coming quick,” he said.Billionaire Steve Cohen isn’t worried that the US has…

Investing.com – US corporate credit spreads are tipped to finish the year slightly wider than their recently tight range as inflation and growth ease, according to analysts at UBS. However, in a note to clients this week, the analysts led by James Martin suggested that President Donald Trump’s plan to impose…

Investing.com — The re-election of Donald Trump as the 47th president is predicted to bring substantial changes to financial markets, potentially impacting growth, inflation, and investor strategies. The world’s largest economy is on the brink of a new era, with investors globally being advised to brace for increased market volatility.…

By Suzanne McGee, Davide Barbuscia (Reuters) -Los Angeles-based asset management firms overseeing more than $4 trillion in assets are grappling with the impact of the region’s destructive wildfires on their operations, with some relocating office space and supporting staff members who have lost their homes.   The Los Angeles area is…

The latest US sanctions on Russia’s energy sector impact China and India, altering trade dynamics.The sanctions target Russian oil giants and tankers, raising oil prices to a four-month high.China and India may seek oil from other regions, while Russia might offer discounts.The US’ latest move to hit Russia’s energy revenues…