Author: franperez66q@protonmail.com

BEIJING, CHINA – MAY 14: Nvidia CEO Jensen Huang waves as he prepares to depart the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty ImagesNvidia CEO Jensen Huang is being invited to testify before the Senate Banking Committee on June 11 as Sen. Elizabeth Warren, D-Mass., sharpens her focus on the chipmaker’s China sales, export controls and role at the center of the global AI boom.”Appearing as a witness will give you an opportunity to testify about NVIDIA’s views on U.S. export control laws and regulations and NVIDIA’s…

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U.S. President Donald Trump speaks during an event in the Oval Office of the White House on June 03, 2026 in Washington, DC. Kevin Dietsch | Getty ImagesPresident Donald Trump on Thursday said he would be “honored” to meet Iranian Supreme Leader Ayatollah Mojtaba Khamenei. The U.S. president said he would meet the Iranian leader if a deal is reached to end the U.S.-Iran war, which has dragged on into its fourth month. Trump was taking questions from reporters in the Oval Office after making an announcement about coal.”If we make a deal, it’s possible that I would meet,” he…

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Musk lost his previous lawsuit after the court found it had no authority to amend or end the FTC’s order. Musk is trying again with new arguments, complaining in a May petition to the FTC that they should set aside the order “without delay.” According to Musk, the FTC should stop its monitoring because Twitter no longer exists, as X was merged into xAI, and then xAI was folded into SpaceX. Musk also argues that since none of the leadership or engineers responsible for the two-factor authentication error remain at the company, and “X has since built a world-class privacy…

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Lululemon’s troubles are far from over. The athletic apparel retailer lowered its full-year guidance and issued a weak current quarter outlook on Thursday as interim CEO Meghan Frank pointed to undisclosed “headwinds.””We have been navigating headwinds that have led us to adjust our outlook for the full year,” Frank said in a news release. “We have assessed the business and are taking additional actions to reposition where needed and further strengthen our product engine. We remain confident in our path forward.”The company’s shares dropped nearly 10% in extended trading following the report. Lululemon’s stock has plunged about 40% this year as…

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Bitcoin is getting pummeled to kick off June as the market loses its dominant narrative and liquidity continues to rotate into other assets.The combination has left the flagship cryptocurrency vulnerable to further downside pressure as investors scale back risk and capital shifts toward markets with more momentum or more obvious near-term catalysts, like the chip rally or the SpaceX IPO. Bitcoin is down 13% this week and heading for its worst week since February, according to Coin Metrics.It’s a familiar feature of crypto cycles: when the main narrative loses momentum, liquidity shifts quickly to other parts of the market. And…

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William Pulte, director of the Federal Housing Finance Agency (FHFA) nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Thursday, Feb. 27, 2025. Al Drago | Bloomberg | Getty ImagesPresident Donald Trump said Thursday that Acting Director of National Intelligence Bill Pulte will not be appointed to that position permanently.Trump’s comment came two days after he tapped Pulte as acting DNI, which sparked criticism on Capitol Hill, where lawmakers decried his lack of intelligence experience and his history as an attack dog for Trump.”It’s not a permanent,…

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Nearly 40 ships previously stranded in the Persian Gulf have exited through the Strait of Hormuz over the past three weeks as vessels quietly coordinate with the U.S. Navy, according to Lloyd’s List Intelligence.Some shipowners are submitting their transit plans to the Naval Cooperation and Guidance for Shipping group in Bahrain, said Richard Meade, editor-in-chief of Lloyd’s List, in a briefing Thursday. The assumption is that the U.S. Navy is providing limited assurances that it will intercept incoming threats against commercial ships, Meade said. “Transit decisions remain solely with ship operators,” Meade said. “Industry operators tell us that they are not…

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