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Showing posts with the label trade deals

Nvidia (NVDA) Keeps Gaining After US Chip Export Shift: Is $200 Next?

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Thursday had proven to be a big turnaround day for the US stock market amid major developments within global trade deals. That is not the only good news for one of the biggest companies in the world. Indeed, Nvidia (NVDA) has kept gaining as the US recently shifted its stance on chip exports, as $200 could be next for the company. Throughout the first four months of the year, volatility had been the name of the game for Wall Street. Nvidia had struggled lightly, being front and center within ongoing geopolitical tension that threatened its US and Chinese market share. That could be changing, however, as a shift in sentiment could have the stock poised to soar. Source: ymgerman / iStock Editorial / Getty Images Also Read: Amazon (AMZN) to Eclipse Nvidia (NVDA) by 2030 Thanks to AI? Nvidia Gains Yet Again as Its Outlook Quickly Shifts: Is $200 Now On The Cards For 2025? In what was a major development for the country’s tech sector, US President Donald Trump announced he is rescindin...

3 Countries Demand an Immediate End to US Sanctions

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The US pressed sanctions on Iran and Russia severely affecting the economies of both countries. China has been their ally and regularly initiates trade deals to keep their economy afloat. From procuring oil to natural resources and minerals, the Communist country has provided a steady source of business worth billions. However, the sanctions are making it harder for Iran and Russia to lift their economies and their GDP is affected. Also Read: Jim Cramer Called XRP a Con, Here’s What a $1,000 Bet Then Is Worth Today US Sanctions Must End: Demands China, Russia, and Iran Source: cspforum China, Russia, and Iran held a trilateral meeting in Beijing and called for an end to US sanctions on Tehran. They called the White House’s order “illegal, unilateral sanctions” that have no place in modern times. “We conducted in-depth exchanges of views on the nuclear issue and the lifting of sanctions. We emphasized the necessity of ending all illegal unilateral sanctions,...