Nvidia-OpenAI $105B Data Center Deal and US-Canada Auto Tariff Talks Headline Market Moves
Key Takeaways Nvidia (NVDA) has committed a massive $105 billion financial guarantee to back a new 8-gigawatt data center project […]
Breaking News
Geopolitical Tensions Flare as Trump Envoy Reports ‘Robust’ Iran Talks; Oil Prices Surge
Key Takeaways U.S. Crude Oil futures (WTI) settled up 2.55% at $84.50/bbl as a stalemate in the 24-week Iran war
Global Markets Braced for Escalation as Trump Asserts Control Over Strait of Hormuz
Key Takeaways Oil prices surged as Brent crude rose 3% to $90.74 and WTI climbed 2% to $84.14 following reports
Ottawa Pledges $10 Billion for Gull Island as US Oil Reserves Hit 40-Year Low
Key Takeaways Canada commits $10 billion in federal financing to develop the Gull Island hydroelectric project and expand Churchill Falls,
American Express Reports Steady July Delinquencies and 1.7% Charge-Off Rate
Key Takeaways American Express (AXP) reported a 30-day delinquency rate of 1.1% for its U.S. Consumer card portfolio in July
High-Stakes Trade Summit in D.C. as 50% Tariff Deadline Looms
Key Takeaways Canada’s Trade Minister Dominic LeBlanc and Chief Negotiator Janice Charette are meeting with U.S. Commerce Secretary Howard Lutnick
Global Markets Retreat as Geopolitical Tensions Rise in Middle East and Black Sea
Key Takeaways European markets closed lower on Monday, with the CAC 40 leading declines at 0.59% as geopolitical uncertainty and
Nvidia Pledges $100BN for Massive OpenAI Data Center; Gold and Bonds See Volatility
Key Takeaways Nvidia (NVDA) has committed to a $100 billion+ credit backstop for a massive OpenAI data center in Ohio,
Global Markets React to Japan GDP Growth and AI Trade Shifts
Key Takeaways Japan's economy grew at an annualized rate of 1.1% in the April-June quarter, supported by auto and semiconductor
Global Markets React to Stalled US-Iran Peace Talks and Major Tech Divestments
Key Takeaways Alibaba (BABA) has reached a definitive agreement to sell its videogame arm, Lingxi Games, to private-equity firm Trustar