Author: franperez66q@protonmail.com

The Nasdaq will rise to 30,000 points in the next year as a bumper earnings season continues to bolster enthusiasm for AI stocks, Dan Ives, managing director at Wedbush Securities, told CNBC’s Squawk Box Europe on Monday. A solid tech earnings season has seen investor jitters earlier this year replaced with bullishness over the AI infrastructure buildout. At close on Friday the Nasdaq Composite ended at 26,247.08, marking a 12.93% increase so far this year. “These earnings have validated the AI bullish thesis,” Ives said. “Demand and supply is 10-1 for chips. We are in the early days still of…

Read More

A pedestrian walks past monitors displaying a figure of the Nikkei 225 Stock Average outside a securities firm on May 07, 2026 in Tokyo, Japan.Tomohiro Ohsumi | Getty Images News | Getty ImagesAsia-Pacific markets traded mixed Tuesday as investors shrugged off fresh doubts over the fragile U.S.-Iran ceasefire after President Donald Trump warned the truce was on “massive life support.”Trump on Monday cast doubt on the survival of the U.S.-Iran ceasefire, saying the fragile truce was effectively “on life support” after Tehran delivered what he described as an unacceptable response to Washington’s proposal for ending the conflict.”I would say the…

Read More

Devices on the Covered List need waivers to continue receiving software updates, the FCC Office of Engineering and Technology said in its waiver extension order on Friday. “Under this waiver, all Uncrewed Aircraft Systems (UAS), UAS critical components, and routers produced in a foreign country that were authorized for use in the United States prior to these devices being added to the Covered List may at least until January 1, 2029, consistent with FCC rules, continue to receive software and firmware updates that mitigate harm to US consumers,” the FCC engineering office said. The waiver covers “all software and firmware…

Read More

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING — The U.S. and China are rallying their East Asia ties ahead of a highly anticipated presidential summit in Beijing later this week.Trade negotiators from both countries are slated to meet in Seoul, South Korea, ahead of U.S. President Donald Trump’s meeting with China’s Xi Jinping, scheduled for Thursday and Friday. The packed itinerary reflects the regional dynamic at play in U.S.-China relations, with the summit being closely watched by leaders globally.Here’s the…

Read More

Micron has become a standout favorite during the ongoing memory chip rally as tech companies scramble to secure supply amid shortages.The stock is up yet again on Monday even as the overall market is sagging on rising energy prices and concerns of renewed fighting between the US and Iran.Shares of Micron were up 9% in morning trading as the S&P 500 was unchanged. There was very little green on the board besides chip stocks and energy stocks because of a rise in oil. Intel was up more than 6% and Qualcomm was up more than 12% before both stocks pared…

Read More

US President Donald Trump speaks during a maternal healthcare event in the Oval Office of the White House in Washington, DC, US, on Monday, May 11, 2026. Aaron Schwartz | Bloomberg | Getty ImagesPresident Donald Trump said Monday that U.S. arms sales to Taiwan and the imprisonment of Hong Kong media tycoon Jimmy Lai would be on his agenda for the Beijing summit later this week.Washington’s arms sales to Taiwan have been a flashpoint between the two countries, drawing a sharp response from Beijing that has accused the U.S. of violating the “one-China principle,” and warned that attempts to “contain…

Read More