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The winners of the artificial intelligence race will mostly be U.S. stocks, with only select names from China making the cut, according to BlackRock Investment Institute. The firm maintained its neutral view on Chinese stocks in a report Monday, while staying overweight on the U.S. “China has advantages across parts of that value chain, including manufacturing and batteries. Yet manufacturing strength alone does not guarantee attractive equity returns, reinforcing our preference for active investing rather than broad regional calls,” BlackRock said. While the Nasdaq Composite has gained a little over 12% this year, the tech-heavy ChiNext index of mainland China-traded…
Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall Source link
Formula 1 returned to what is a home race for most of the teams on the grid this past weekend with the British Grand Prix. Yet again this season, we saw the fastest car not win the race, as reliability has been a problem. But racing giveth and racing taketh away, and the beneficiary of one driver’s bad luck was another driver who really needed that win. Perhaps the bigger story, though, was the unfulfilled expectation that we’d see a late-race restart after the safety car came out on lap 48 of 52. An on-screen message told commentators and viewers…
US President Donald Trump arrives for a luncheon in the Rose Garden of the White House in Washington, DC, US, on Monday, July 6, 2026. Shawn Thew | Bloomberg | Getty ImagesPresident Donald Trump is headed to Turkey for a summit of the North Atlantic Treaty Organization, as the alliance is squeezed by Russia’s continuing military aggression in Ukraine and America’s growing insistence that NATO members quickly beef up their defense spending.Those pressing concerns come on top of lingering controversies surrounding the U.S.’ war against Iran and its prior attempts to take over Greenland, a territory of NATO member Denmark.Trump…
YANTAI, CHINA – OCTOBER 27 2025: Ships are seen under construction at Hanwha Ocean Shandong Co. Ltd. in Yantai, Shandong province, eastern China, on Monday, Oct. 27, 2025. Five U.S.-based subsidiaries of the South Korean company Hanwha Ocean have been put on China’s sanction list to punish its role in prompting the United States to impose additional fees on Chinese shippers and shipbuilders. (Photo credit should read TANG KE / Feature China/Future Publishing via Getty Images)Feature China | Future Publishing | Getty ImagesShares of South Korea’s Hanwha Ocean plunged about 23% Tuesday, after the company lost its bid to build…
Stocks ease despite upbeat Samsung forecast, yen languishes Source link
Last week, just before the US started its break for the July Fourth holiday, the Nuclear Regulatory Commission (NRC) proposed a new rule that would change how it regulated exposure to radiation. The Trump administration has been pushing to restart construction of nuclear power plants in the US, and many pro-nuclear advocates have been complaining about the US’s existing regulations, portraying them as the main barrier to the flourishing of the industry. So, it had seemed likely that major revisions were coming. Instead, the NRC’s proposed new rules endorse the science behind its current rules and suggest that any problems…
The U.S. headed into its Round-of-16 World Cup match against Belgium dealing with controversy after FIFA suspended Folarin Balogun’s one-match red-card ban, paving the way for the team’s leading scorer to play. Balogun was initially sent off for foul play during the United States’ 2-0 Round-of-32 win over Bosnia and Herzegovina, but FIFA overturned the decision. Belgium challenged that, but FIFA dismissed the protest as inadmissible while UEFA criticized the ruling as “unprecedented, incomprehensible and unjustifiable.”The ruling has drawn added attention after President Donald Trump defended urging FIFA President Gianni Infantino to review Balogun’s red card, fueling questions over whether…
Colombia stocks lower at close of trade; COLCAP down 0.00% Source link
On September 28, 2025, French naval commandos made additional discoveries after boarding the Boracay off the French coast—possibly because of the ship’s suspected link to the drone incidents over Denmark. The French commandos found that the ship had a Chinese captain but also happened to be carrying two Russians employed by the Moran Security Group, a Russian private military company founded by former Federal Security Service officers. One of the Russians also previously worked for Russia’s Wagner Group private military company. Interviews revealed that the Russians were charged with “gathering intelligence, protecting the vessel and ensuring the captain strictly adhered…