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5 Companies Are Betting on Trump’s China Pivot. Here’s Who’s Best Positioned.
24/7 Wall St.91d agoneutral
5 Companies Are Betting on Trump’s China Pivot. Here’s Who’s Best Positioned.

President Trump’s posture toward China has whipsawed markets for over a year, with prediction markets confirming tariffs escalated from 10% to 40% to 100% between February and June of last year. Any thaw in that relationship, whether through tariff relief, eased chip export rules, or restored market access, would flow straight into the income statements ... 5 Companies Are Betting on Trump’s China Pivot. Here’s Who’s Best Positioned.

Reuters91d agoneutral
Trump Mobile starts shipping US-assembled T1 phones after months-long delay

Trump Mobile said on Wednesday it has begun shipping its long-delayed $499 T1 smartphones to customers, several months after the gold-colored ‌device was originally slated for release in August. The mobile venture, launched in June ‌last year by the Trump Organization under a trademark licensing arrangement, had pushed back the T1 phone's release ​first to October and later to this week, amid questions over the feasibility of manufacturing a low-cost smartphone in the United States. "Phones that were pre-ordered are starting to be delivered to customers this week," Trump Mobile CEO Pat O'Brien said in a statement to Reuters.

Nvidia Chips, Boeing Jets: Stock Traders Eye Trump in China
Bloomberg91d agoneutral
Nvidia Chips, Boeing Jets: Stock Traders Eye Trump in China

(Bloomberg) -- An upcoming meeting between US President Donald Trump and his Chinese counterpart Xi Jinping could be the next test for stocks that are clocking one record after the next. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueTrump Lands in China for Xi Trade Summit With Iran War in LimboSome of the chief executives who are attendi

Trump Brings Nvidia’s Jensen Huang Along on China Trip
The Wall Street Journal92d agoneutral
Trump Brings Nvidia’s Jensen Huang Along on China Trip

A last-minute addition to the group of CEOs joining President Trump on his trip to China was Nvidia Chief Executive Jensen Huang, who wasn’t initially included on the travel list. Huang met the U.S. delegation in Alaska, where Air Force One was refueling. Trump called Huang on Tuesday to invite him after seeing media reports that he wasn’t coming, a person familiar with the matter said.

Tech Stocks Nurse a Post-Earnings Hangover
The Wall Street Journal92d agoneutral
Tech Stocks Nurse a Post-Earnings Hangover

It’s been a rough day for tech names with Micron and Intel down around 10% and Qualcomm down 15%. There was always going to be a comedown after a few weeks of breathless quarterly reports, said Jay Hatfield, chief executive officer at Infrastructure Capital Advisors.

AI Mania Makes Old-School Industrials Behave Like Chip Stocks
Bloomberg93d agoneutral
AI Mania Makes Old-School Industrials Behave Like Chip Stocks

(Bloomberg) -- Optimism surrounding the potential for industrial companies to profit from the artificial intelligence boom has fueled record-setting momentum in the sector. Now worries are mounting that the group’s link to AI may be getting too tight.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Says It’s Deployed Mini Subs in Contest to Control HormuzEpstein's Black Card: How He Moved Wome

Stocks Settle Higher on Strong Earnings
Barchart93d agoneutral
Stocks Settle Higher on Strong Earnings

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

Musk, Cook Set to Join Trump for Xi Summit, White House Says
Bloomberg93d agoneutral
Musk, Cook Set to Join Trump for Xi Summit, White House Says

(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,

Elon Musk, Apple's Cook and Boeing CEO going to China with Trump, official says
Reuters93d agoneutral
Elon Musk, Apple's Cook and Boeing CEO going to China with Trump, official says

Elon Musk, Apple's Tim Cook, GE Aerospace's Larry Culp and ‌Boeing's Kelly Ortberg will join U.S. President Donald Trump on his visit ‌to China this week, a White House official told Reuters. Others taking part include Meta's Dina ​Powell McCormick, Blackrock's Larry Fink, Blackstone's Stephen Schwarzman, Cisco's Chuck Robbins, Micron's Sanjay Mehrota, Mastercard'ss Michael Miebach, Qualcomm's Christiano Amon and Visa's Ryan McInerney, the official said.

Today Is All About Chip Stocks—Again
The Wall Street Journal93d agoneutral
Today Is All About Chip Stocks—Again

Look at the most actively traded stocks on the S&P 500 this morning and you'll find some of the past few days' usual suspects: After powering the index to a fresh record Friday, chipmakers are the stocks changing hands the most this morning, extending their breakneck run-up.

Investing.com96d agoneutral
Investing.com’s stocks of the week

Investing.com -- Wall Street has risen to new record highs on Friday, bouncing back from losses in the prior session, boosted by a jump in chip stocks and a stronger-than-expected April U.S. jobs report.

It’s Looking an Awful Lot Like the Tech Bubble
The Wall Street Journal97d agoneutral
It’s Looking an Awful Lot Like the Tech Bubble

​📈 Follow our live markets data and coverage. Hold on a minute, didn’t they change their name to “Strategy?” Sorry, we were looking at a table of stock performance ending in March 2000, not today. As Jonathan Krinsky and his team at BTIG point out, many of today’s marquee companies also were top performers back then.

Arm shares slide on smartphone market weakness, AI chip supply concerns
Reuters98d agoneutral
Arm shares slide on smartphone market weakness, AI chip supply concerns

Arm shares tumbled on Thursday after the company warned of smartphone market softness and challenges in securing supply for its ‌new artificial intelligence chip to meet growing demand. The stock fell 5% ‌to $225.43, with the drop set to erase more than $12 billion from the company's market valuation of $252 ​billion. The British chip designer's shares have more than doubled in value this year, outperforming other chip majors.