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The Underground Network Sneaking Nvidia Chips Into China
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Yahoo Sports - Sports
Kings a ‘sneak' candidate to sign DeRozan in free agency
The Kings reportedly are a darkhorse candidate to sign coveted free agent DeMar DeRozan. -
Financial Times - World
Samsung expects profits to surge on demand for AI chips
World’s largest memory chipmaker forecasts 15-fold rise in second-quarter figures -
The Hill - Politics
Nvidia's rapid rise hits 'bumps in the road'
After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the world last month, Nvidia has lost and regained hundreds of billions of dollars in value in recent days. While the chipmaker’s volatility ... -
MarketWatch - Business
Nvidia is starting to act like its own asset class
Shares of Nvidia Corp. are growing increasingly disconnected from the average stock in the S&P 500, prompting one analyst to quip that the chip designer is starting to behave like its own asset class. -
MarketWatch - Business
Nvidia client Northern Data’s stock cools after spike on report of possible U.S. IPO
Shares of Germany’s Northern Data fell 8% on Wednesday, one day after a surge on a report it may list its cloud computing and data center business in the U.S. -
MarketWatch - Business
Retail investors have reached peak bullishness for Nvidia, these analyst say. Here’s where they may go next.
While Nvidia remains a top investment for many who believe the artificial intelligence story is here to stay, retail investors have likely hit “peak” bullishness. -
The Wall Street Journal - World
China Reopened to Foreign Students. Americans Are Staying Away.
There were more than 11,000 U.S. students in China before the pandemic. Now there may be fewer than 1,000.China -
Financial Times - World
Stifling China’s green energy boom would be a disaster
Does the government in Beijing have the courage to throw its weight behind what business is already doing?China -
Yahoo News - World
Germany blocks another big business deal with China
China -
Yahoo News - World
China Planning to Smash Asteroid in Planetary Defense Test
China
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The Wall Street Journal - Business
Canada Approves Glencore-Led Deal for Teck Coal Assets
Canada approved a Glencore-led $9 billion deal to acquire coal assets from Teck Resources, after officials secured commitments from both companies about additional investment in the country. -
The Wall Street Journal - Business
Netflix, Disney Ask Canada Appeal Court to Stop Proposed Tax on Streaming Revenue
Netflix, Walt Disney, and other U.S. streaming companies have asked a Canadian court to stop plans by authorities to force them to fork over 5% of their sales in the country to finance local broadcast news and other domestic content. -
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Samsung Electronics Expects Surge in Second-Quarter Profit
The South Korean tech giant forecast a surge in second-quarter earnings, suggesting that its flagship semiconductor business sustained a strong recovery. -
The Wall Street Journal - Business
BMW Hopes to Be a Steady Hand Amid EV Uncertainty
BMW is sticking to planned investments for its battery-powered future while holding onto its conventional gasoline-fueled roots, its technology chief Frank Weber said in an interview. -
The Wall Street Journal - Business
Barclays Sells German Consumer Finance Business to Austria's Bawag
Barclays said its Hamburg-based Consumer Bank Europe—which offers diversified retail banking services to the German and Austrian markets—will be bought for a small premium to net assets.Germany