# Tags
Nvidia

Nvidia Becomes First Company Ever to Hit $4 Trillion Market Cap on AI Surge

Nvidia Hits $4 Trillion Valuation on AI Demand Surge: On July 9, Nvidia made market history by becoming the first public company to surpass a $4 trillion valuation as its shares climbed to an all-time high, fueled by surging demand for AI infrastructure. The stock rose approximately 2.5% to $164, marking a remarkable leap from its $1 trillion […]

copper tariff

Trump Imposes 50% U.S. Tariff on Copper Effective August 1, Citing National Security

Trump Imposes 50% Tariff on Copper Imports to Boost U.S. Industry: On July 9, President Trump announced via Truth Social that a 50% tariff on copper imports will take effect August 1, following a “robust national security assessment” under Section 232 of U.S. trade law. The move is intended to resuscitate U.S. copper smelting, deemed […]

US Dollar

Dollar Near 2½-Week Peak as Asian Stocks Waver Ahead of New U.S. Tariffs

U.S. Dollar Near 2-Week High as Trump’s Tariff Threats Shake Global Markets: The U.S. dollar climbed toward a 2½-week high on Wednesday, bolstered by President Trump’s aggressive tariff threats, including a 50% levy on copper and looming tariffs on semiconductors and pharmaceuticals. U.S. copper futures soared to record highs overnight before paring gains, while Wall […]

Bank of America

Bank Of America Boosts S&P 500 Year-End Target, Says Limited Upside from Here

Bank of America Lifts S&P 500 Year-End Target to 6,300 Amid Valuation Concerns: Bank of America Global Research has raised its year-end S&P 500 target to 6,300, up from the previous projection of 6,200, aiming to keep pace with the stock market’s sharp rise thus far in 2025. While this reflects an adjustment to recent gains, […]

RBA Pauses at 3.85% as It Waits on Inflation Data Before Cutting Rates

Reserve Bank of Australia RBA Surprises Markets, Holds Cash Rate at 3.85% in July 2025 The Reserve Bank of Australia (RBA) surprised markets on July 8 by keeping its official cash rate at 3.85%, the lowest since May 2023. The decision defied analysts’ expectations of a likely 25 basis point cut this month, marking the bank’s […]

trump trade tariff

Japan Brands Trump’s New Trade Tariff Letters ‘Regrettable,’ As Deadline Looms

Trump Threatens 25% Trade Tariffs on Japan and South Korea Ahead of August Deadline: On Monday, President Donald Trump escalated trade tensions across Asia by sending formal notices to Japan and South Korea, threatening to impose 25% tariffs on their exports to the United States unless new trade pacts are finalized by August 1. The […]

Tesla Share Fall

Tesla Share Fall: Stock Drops 7% Following Musk’s Announcement of New Political Party

Tesla Share Fall 7% After Musk Unveils America Party Tesla share fall around 7% in premarket trading on July 7 after CEO Elon Musk revealed the launch of the “America Party,” marking a new foray into politics and prompting unease among investors. Analysts, including Dan Ives of Wedbush Securities, warn this move runs counter to investor […]

Samsung Electronics

Samsung Electronics Second-Quarter Profit Takes 39% Hit from HBM Chip Delays

Samsung Faces 39% Profit Drop Amid HBM Chip Delivery Delays: Samsung Electronics is forecast to report a 39% drop in its Q2 operating profit, falling to approximately ₩6.3 trillion ($4.62 billion)—its lowest performance in six quarters, according to LSEG SmartEstimate. The decline is primarily attributed to delay in delivering high-bandwidth memory (HBM) chips, notably its […]

BRICS Trade Tariff

Trump Threatens Extra 10% BRICS Trade Tariff for Aligning with Policies

Trump Warns of 10% BRICS Trade Tariff for Policy Alignment: On July 7, President Donald Trump escalated his trade stance, announcing that any country perceived to “align with the anti‑American policies of BRICS” will be hit with an additional 10% tariff, effective August 1, unless trade deals are secured by July 9. White House Commerce Secretary Howard Lutnick […]