Posts

Stocks making the biggest moves midday: IBM, Goldman Sachs, CleanSpark, HCA Healthcare & more

Image
Stocks making big moves midday: IBM, Goldman, CleanSpark, HCA & more Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out some of the companies making the biggest moves midday: CleanSpark The digital infrastructure company surged 11% after securing a 20-year data center lease in Georgia, totaling $6.6 billion in contracted revenue . HCA Healthcare The hospital operator fell more than 7% after lowering full-year earnings guidance. HCA now sees full-year earnings per share between $28.70 and $30.50, down from a previous forecast of $29.10 per share to $31.50 per share. HCA also lowered the top end of its 2026 revenue outlook range. JPMorgan Chase The largest bank in the nation rose 2% after posting Q2 results. JPM earned $6.14 per share, excluding one-time items, on revenue of $58.02 billion. Analysts polled by LSEG expected a profit of $5.85 per share on revenue of $50.19 billion. Bank of America Bank of America added...
Post a Comment
Read more

U.S. trade official says 'very few' Nvidia H200 AI chips have been shipped to China

Image
A top U.S. trade official said on Tuesday that "very few" of Nvidia's H200 artificial intelligence chips have been shipped to China and Hong Kong. "The bottom line is very few shipments against licenses for H200s and equivalents have taken place. It's a very small quantity of chips," Under Secretary of Commerce for Industry and Security Jeffery Kessler said at a congressional hearing. The remark is a sign that H200 shipments to China have restarted, potentially boosting Nvidia's sales even higher. Since last year, Nvidia has excluded any potential Chinese AI chip revenue from its forecasts and CEO Jensen Huang said on CNBC in May that he told investors to " expect nothing " from Chinese sales. An Nvidia representative declined to comment. Nvidia has long sought to ship its AI chips to China, which is one of the largest markets for AI development, but has found itself caught up in a trade and technology war between Washington and Beijing, with ...
Post a Comment
Read more

Democrats are not in great shape

Image
A fractious opposition is doing everything it can to spurn an open goal 🔥 EXCLUSIVE PARTNER OFFER Li-Ning Men's RED HARE 9 Racing Running Shoes LIGHT FOAM ULTRA Breathable Durability Anti-slip LiNing Training Sneakers ARPW003 Special Price 🎯 Best price guarantee! Order now and enjoy fast shipping with global tracking. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/bd5f3950-3c80-41af-852e-fe736da603ac © EcoNews DZ — Global Economic & Financial News
Post a Comment
Read more

UK wasted £10bn on PPE that left NHS staff poorly protected, Covid inquiry finds

Image
Image source, Getty Images By Jim Reed Health reporter Published 14 July 2026, 12:01 BST Updated 3 hours ago The lives of NHS staff and patients were put at risk in the pandemic because of a lack of adequate personal protective equipment (PPE), with almost 10bn of taxpayers money wasted in a scramble to buy more, the Covid inquiry has said. The chair Baroness Hallett described the "vast" waste in pandemic procurement, amounting to 9.9bn two-thirds of the 14.9bn the UK and devolved governments spent on PPE. The country entered the pandemic with its stockpile of masks, gowns and gloves in a "perilous state" and was "simply not ready to compete" in the global race to secure new supplies, added the chair. She criticised the controversial "VIP lane", which prioritised offers of PPE from those with political connections, as a "misguided" policy which undermined public confidence. But she said there was "no evidence of cronyism or corrup...
Post a Comment
Read more

Warsh promises inflation will be a 'thing of the past,' cites 'mistake' of prior policy

Image
Federal Reserve Chairman Kevin Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years. In remarks for delivery to separate congressional panels this week, Warsh reiterated his recent tough talk on inflation , while also touting the strength of the U.S. economy and benefits coming from business investment, particularly involving artificial intelligence. "Today we are at a hinge point in history. It's up to all of us to meet this moment," said Warsh, who speaks Tuesday to the House Financial Services Committee then the Senate Banking Committee on Wednesday. "The Fed's number one objective is to get monetary policy right or as near to it as we possibly can. That is our clear and constant aim, the star we steer by," he added. "And if we get policy right and we will the inflation surge of the last five years will be a thing of the past." The remarks come just t...
Post a Comment
Read more

Stocks making the biggest moves premarket: JPMorgan Chase, Bank of America, IBM, Apple & more

Image
Stocks making the biggest moves premarket: JPM, BAC, IBM, AAPL Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making headlines before the bell: JPMorgan Chase Shares were down slightly in the premarket after the banking giant posted Q2 results. The bank earned $6.14 per share, excluding significant items, on revenue of $58.02 billion. Analysts polled by LSEG expected a profit of $5.85 per share on revenue of $50.19 billion. To be sure, it wasn't clear if the bank's profit was comparable to the consensus. Bank of America Bank of America beat expectations in its latest quarter. The bank posted earnings of $1.21 per share, more than the $1.13 expected by analysts polled by LSEG. Revenue of $31.7 billion also exceeded the $30.72 billion consensus estimate. To be sure, shares were flat in the premarket. Wells Fargo The stock were down 1% even after Wells Fargo posted earnings of $2 per share on re...
Post a Comment
Read more

Global shipping industry sounds the alarm over Trump’s Hormuz toll plan

Image
President Donald Trump's proposed 20% levy on ships passing through the Strait of Hormuz could backfire and further reduce dwindling traffic on the vital waterway, shipping executives have warned. The temporary ceasefire deal the U.S. and Iran signed in mid-June appears increasingly fractured after the adversaries exchanged hostilities for a third consecutive day on Tuesday. The deal explicitly prohibited Tehran from imposing any charges on commercial ships passing through the Strait. But the president is no longer calling for the return to pre-war arrangements, with the Strait of Hormuz remaining a toll-free international waterway. Instead, Trump has suggested commercial vessels attempting the transit must pay the U.S. as compensation for guaranteeing safe passage. Shipping giant Hapag-Lloyd has said it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in charge. "Tolls for infrastructure such as the Suez C...
Post a Comment
Read more

South East Water must pay £30.5m for supply failures

Image
Image source, Getty Images Image caption, South East Water distributing water to customers after thousands of properties across Tunbridge Wells were affected by water disruptions in January 2026 By Hsin-Yi Lo South East Published 14 July 2026, 09:43 BST Updated 1 hour ago South East Water must spend 30.5m on improvements after supply interruptions hit thousands of its customers across Kent and Sussex. Water regulator Ofwat said this follows the conclusion of three investigations into the company's repeated failures. The redress package will be paid for by the firm's shareholders and not through customer bills. A spokesperson for the water company said they were "incredibly sorry" for the historical supply disruptions for Kent and Sussex customers. "We know this caused significant disruption and anxiety, and we accept the failures identified by Ofwat," they said. "It is not the standard of service our customers deserve. "Our priority has been to en...
Post a Comment
Read more

JPMorgan profits soar 41% on blockbuster trading revenues

Image
Goldman Sachs, Bank of America, Citigroup and Wells Fargo all also have results on Tuesday 🔥 EXCLUSIVE PARTNER OFFER Wireless Electric Portable Espresso Coffee Machine for Car & Home Camping Coffee Maker 3-in-1 Capsule Powder Travel Coffee Maker Special Price 🎁 Special promotion! Perfect gift idea at an unbeatable price. Shop now! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/f4231724-bb67-4cfd-81e2-d20f4badb82e © EcoNews DZ — Global Economic & Financial News
Post a Comment
Read more

AI and the new Mechanical Turk

Image
The evolution of the technology offers fresh opportunities for hoodwinkers and charlatans 🔥 EXCLUSIVE PARTNER OFFER PuRuiKai Ultra Thin Robot Vacuum Cleaner Window Cleaning Robot Window Electric Glass Limpiacristales Remote Control For Home Special Price 💥 Massive discount! Save big on this must-have item. Free shipping available! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/acd0ef98-b462-4800-88b9-2c78c54f2559 © EcoNews DZ — Global Economic & Financial News
Post a Comment
Read more

Why the world should copy Trump for once

Image
The US is offering $1,000 to fund investment accounts for children born during the president’s second term 🔥 EXCLUSIVE PARTNER OFFER RYET 3D Printed Bike Saddle Ultralight Carbon Fiber Hollow Comfortable Breathable MTB Gravel Road Bicycle Cycling Seating Parts Special Price 💎 Exclusive offer! The product everyone is talking about is now at a special price. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/6ff504c6-1cee-4e37-a56d-6a06c3107819 © EcoNews DZ — Global Economic & Financial News
Post a Comment
Read more

RIP the US state department

Image
America’s diplomats used to have global sway. Now they are besieged by their own president 🔥 EXCLUSIVE PARTNER OFFER KINGROON 22LBS PETG or PLA filament 3D Printer Filament 10 Rolls 1KG 1.75MM Eco-Friendly Good Toughness Mix Color Free Shipping Special Price 🌟 Hot deal! This trending product is flying off the shelves. Get yours before it's too late! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/ae268a4e-5134-4d34-ba5e-a908cc74c52d © EcoNews DZ — Global Economic & Financial News
Post a Comment
Read more

CNBC Daily Open: The Hormuz blockade is back and Trump is tolling

Image
Hello, this is Leonie Kidd coming to you from London. President Trump's demand that traffic through the Strait of Hormuz pay a 20% toll as reimbursement for protection has shocked the international community. It marks a new twist in the conflict with Iran and puts investors back on edge following the effective collapse of the ceasefire. It's a crude reality for oil markets, which are higher once again after posting the biggest one-day surge since the COVID era on Monday. The move was sparked by President Donald Trump 's decision to reinstate a naval blockade in the Strait of Hormuz. He took to Truth Social : "The U.S.A. will be, from this point forward, known as 'THE GUARDIAN OF THE HORMUZ STRAIT,'" he claimed. "But as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World." "The ...
Post a Comment
Read more

Nvidia Stock Hasn’t Been This Cheap Since Before 2019. How to Play NVDA Stock Here.

Image
Nvidia Stock Hasn’t Been This Cheap Since Before 2019. How to Play NVDA Stock Here. Nauman Khan Sun, July 12, 2026 at 11:33 AM PDT 4 min read NVDA ^GSPC Nvidia (NVDA) has been one of the biggest winners of the artificial intelligence (AI) boom, but investors are starting to ask a different question. After years of premium valuations, the latest Bloomberg report says that stock is now trading at its cheapest earnings multiple since before the AI rally began. That comes even after another blockbuster earnings report. Yet NVDA stock has struggled to revisit its highs as investors weigh slowing China growth, rising competition, and lofty expectations. More News from Barchart Taiwan Just Waved a Red Flag for Nvidia Stock Taiwan Semi Stock Is Approaching Fair Value Ahead of July 16. How to Play TSM Here. Forget GPUs. Nvidia's Next AI Gold Mine Could Be Even Bigger. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlin...
Post a Comment
Read more

US burrito chain Chipotle opening first outlet in Mexico

Image
Image source, Chipotle Image caption, Chipotle has more than 4,100 restaurants globally By Osmond Chia Business reporter Published 14 July 2026, 03:26 BST Updated 2 hours ago Chipotle Mexican Grill is set to open its first restaurant in Mexico this week, testing its appeal in the country that inspired its menu. The chain, which has more than 4,100 outlets worldwide, said on Monday that the move is a "significant milestone" for the firm - known for its customisable burritos, tacos and bowls. The announcement has been met with a mixed response on social media, with many users mocking the decision. US restaurant chains have struggled to succeed in the countries their dishes originated. Taco Bell no longer has any outlets in Mexico, while Domino's Pizza has pulled out of Italy. Chipotle boss Scott Boatwright said: "We are entering Mexico with deep respect for the country's culinary heritage and a commitment to delivering the Chipotle experience with excellence....
Post a Comment
Read more

California leads lawsuit to block Paramount Warner Bros mega merger

Image
Image source, Getty Images Image caption, Warner Bros is headquartered in Burbank, California. By Francisco Velasquez Business reporter Published 13 July 2026 Updated 4 hours ago A dozen US states have joined together to block the $110bn ( 85bn) merger between Warner Bros. and Paramount, claiming the largest media consolidation in Hollywood history would stifle competition and raise consumer prices. A lawsuit has been filed by 12 states, led by California, where Paramount and Warner Bros keep their headquarters and production studios. California Attorney General Rob Bonta claimed the merger would end up harming "audiences on every sofa and movie theater seat in the US". If it goes ahead, the new company would account for over a quarter of major film releases. Together with Disney, Universal, and Sony, just four conglomerates would control 86% percent of that market. US news website Semafor reported , external that David Ellison, the controlling owner and chief executive of P...
Post a Comment
Read more

'I don't want to seem tight': How much should you give to the year-end teacher collection?

Image
Image source, Getty Images By Lucy Hooker , Emer Moreau and Daniel Thomas , Business reporters Published 4 hours ago Parents know the drill: as the end of summer term rolls in it's time to think about thank-yous for the teachers after another year of hard work and tested patience. But just how generous should you be? Is 5 too much? Or too little? And what about support staff like teaching assistants, canteen staff and librarians? With many parents strapped for cash and heading into the holidays, it's an extra expense to budget for and an awkward etiquette to negotiate. Plus, what used to be a simple matter of buying chocolate and writing a card has been overtaken by an organisational extravaganza, with class reps sending out a flurry of Whatsapps to drum up contributions, before passing round the collective card, and deciding on flowers, spa days, wine or vouchers. 'You can't just put a few quid in or you'll seem tight' This can all really add up, as one p...
Post a Comment
Read more

Singapore's economy expands 5.7% in the second quarter, beating expectations

Image
Singapore's economy expanded 5.7% in the second quarter, topping market expectations, on the back of strong growth in the manufacturing sector. The growth figure was higher than the 5.5% expected by economists polled by Reuters, but lower than the revised 6.3% seen in the first quarter, according to a release from the country's Ministry of Trade and Industry . The goods sector expanded 10.4% from the 8.4% in the previous quarter, while growth in the services sector slowed to 4.6% from 6.2% in the first quarter. The advance GDP data comes as Singapore's central bank prepares to announce its quarterly monetary policy decision later this month. Instead of using interest rates, the city-state manages monetary policy by influencing the Singapore dollar's value against the currencies of its main trading partners within an undisclosed trading band, known as the Singapore dollar nominal effective exchange rate, or S$NEER. The Singapore dollar traded at 1.294 against the gre...
Post a Comment
Read more

Japan’s bond market is back in play after decades in the wilderness

Image
Japanese government bond yields have been hitting multi-decade highs, with benchmark 10-year reaching levels not seen since 1996 last week. While Japanese bonds have been selling off amid policy normalization by the Bank of Japan and concerns over Japanese Prime Minister Sanae Takaichi's spending plans, experts say that the asset class deserves another look from investors. "JGBs are increasingly moving from "uninvestable" to "investable" for global bond investors," according to Masahiko Loo, senior fixed income strategist at State Street Investment Management. Loo said that the multi-decade-high yields mean that investors are "finally" getting paid to own Japanese paper again. The 10-year JGB yield hit 2.901% last Thursday and is currently trading at 2.781%, over 70 basis points higher since the start of the year. Yield on the 20-year JGBs also hit a high of 3.901% last Thursday. JGBs were long impacted by the Bank of Japan's yield curve...
Post a Comment
Read more