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Nvidia CEO joins Trump for China trip, spurring hopes for H200 deal
Nvidia CEO Huang joins Trump on China tripReporters saw Huang board Air Force One in AlaskaTrip could yield results for Nvidia on H200 chip salesBy Laurie Chen, Karen Freifeld and Liam MoBEIJING/NEW YORK, May 13 (Reuters) - Nvidia NVDA.O CEO Jensen Huang will join President Donald Trump during his v...
Reuters
6 hours ago
Europe First-Quarter Earnings: Energy Is a Boom for Growth but a Bust for Consumers
With a majority of European companies having reported first-quarter earnings, corporate profits are, on aggregate, expected to rise at their fastest pace in three years, driven by strong growth from the energy and financial sectors. But with the war dragging on, worries are building particularly for
Reuters
8 hours ago
Altman denies deception as Musk trial puts OpenAI’s future on the line
OpenAI CEO Sam Altman took the witness stand in federal court in Oakland on Tuesday and told jurors he is an “honest and trustworthy businessperson,” rebutting weeks of testimony from former board members and executives who described a pattern of dishonesty.
Cryptopolitan
8 hours ago
Japan Megabanks to Gain Access to Anthropic’s Mythos in About Two Weeks, Source Says
TOKYO, May 13 (Reuters) - Japan's three largest banks are expected to gain access to Mythos, the artificial intelligence model developed by Anthropic, in about two weeks, a person with direct knowledge of the matter said. Mythos is viewed by cybersecurity experts as posing sig...
Reuters
8 hours ago
Solana (SOL) Dips Modestly, But Traders Still Expect Bigger Move
Solana failed to stay above $96 and corrected some gains. SOL price is now consolidating and might aim for another increase above $98.
NewsBTC
8 hours ago
Indian Rupee Ticks up as Centre Hikes Import Duty on Gold and Silver to 15%
The Indian Rupee (INR) exhibits mild strength against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair trades mildly lower to near 95.60 as the Indian Rupee gains, following the increase in import duty on Gold and Silver to 15% from 6% by the Indian government.
Gold
Fxstreet
8 hours ago
Pound Sterling Slipped After Hot US CPI With PPI Still Ahead
GBP/USD lost about 0.7% on Tuesday, sliding from prior session highs near 1.3650 to test the 1.3500 round figure before a modest late-session rebound.
GBP/USD
Fxstreet
14 hours ago
WTI Crude Oil rallies (again) as Trump rejects Iran peace proposal
Wednesday's EIA inventory data will test how tight US crude supply has become amid the prolonged Hormuz closure.
WTI
Fxstreet
14 hours ago
JBS Posts 56% Drop in Q1 Net Profit Amid Challenges in North American Operations
Brazil's JBS JBS.N, the world's largest meatpacker, posted a 56% decline in its first-quarter net profit on Tuesday, missing market estimates as the firm grappled with challenges across its beef and poultry operations in North America.
Reuters
14 hours ago
Gold Edges Higher Above $4,700 Despite Hotter US Inflation, Trump–xi Summit in Focus
Gold price (XAU/USD) trades with mild gains near $4,720 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited due to hotter-than-expected US inflation and shifting geopolitical tensions.
Gold
Fxstreet
14 hours ago
US President Donald Trump Says Iran Must Make Deal or Face Renewed Attacks
US President Donald Trump said that “we have Iran very much under control.” But also reiterated that “we’re either going to make a deal, or they’re going to be decimated,” the New York Times reported on Tuesday.
Fxstreet
14 hours ago
US, Japan agree excess FX volatility undesirable, Bessent says
US, Japan to stay in close contact on FX, Bessent saysBessent says confident BOJ will guide policy very successfullyKatayama declines to say whether BOJ policy was discussedYen jumps abruptly, stoking speculation of 'rate checks'By Makiko Yamazaki, Leika Kihara and Satoshi Sugiyama TOKYO,...
Reuters
Tue, May 12
Indian Rupee Slumps to Fresh All-Time Lows on Renewed US-Iran Tensions
The Indian Rupee (INR) slumps to a fresh all-time low against the US Dollar (USD) in the opening session on Tuesday.
Fxstreet
Tue, May 12
Gold Steady as Markets Assess Mideast Tensions Ahead of US Inflation Data
Trump says ceasefire with Iran "on life support"Trump to meet China's Xi Jinping this weekU.S. Consumer Price Index data due at 1230 GMTBy Pablo Sinha May 12 (Reuters) - Gold prices were largely steady on Tuesday, as markets weighed the developments in the Middle East conflict and int...
Reuters
Tue, May 12
Asian Stocks Wobble Amid Iran Ceasefire Risks, Ahead of US Inflation Data
Asian stock markets trade mixed on Tuesday as investors remain on edge amid fading hopes for a US-Iran peace deal and de-escalation of tensions in the Middle East.
Fxstreet
Tue, May 12
A Trump-Xi Deal Could Revive US Energy Exports to China
By Sam Li and Lewis Jackson BEIJING, May 12 (Reuters) - U.S. President Donald Trump will arrive in Beijing this week for a summit with President Xi Jinping on May 14 to 15, where U.S. officials say a deal for Beijing to buy more U.S. energy could be under consideration.Tariffs imposed during the
Reuters
Tue, May 12
Why the Economy, and Trump, Can't Take Iran War Shocks Anymore
Four months into the war in Iran, the U.S. economy is still on its feet, but the ground beneath it is shifting fast, and both Wall Street and Washington are starting to feel it.
Cryptopolitan
Tue, May 12
Euro Softens Below 1.1800 on US-Iran Ceasefire Risks, Traders Await US CPI Data
The EUR/USD pair loses ground to near 1.1775 during the early Asian session on Tuesday. The Euro (EUR) softens against the US Dollar (USD) as traders turn cautious ahead of the US April inflation report and ongoing geopolitical tensions in the Middle East.
EUR/USD
Fxstreet
Tue, May 12
Oil Prices Rise as Fragile US-Iran Talks Sustain Spply Worries
Oil prices rose in early Asian trade on Tuesday as negotiations to end the war between the United States and Iran appeared fragile, with Tehran’s response to a U.S. proposal highlighting stark differences that kept supply concerns alive.
Reuters
Tue, May 12
Quantum Computing Soars 16%; Plug Power Jumps 9%; MARA Drops 3%; Cleanspark Drops 7%; AST SpaceMobile Sinks 10%; Hims & Hers Tumbles 14%
Quantum Computing saw a shift in sentiment following its latest earnings report. Shares rose 16% in overnight trading.
Tiger News
Tue, May 12
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