US markets edged higher after Nvidia’s earnings beat, lifting major indices including the S&P 500 to record highs, despite chip sector volatility. Investors remain cautious amid Fed independence concerns and tariff uncertainties, while Asian markets showed mixed reactions to tech earnings and policy shifts.
Nvidia’s recent earnings surged with record revenues driven by AI demand, yet mixed signals on China sales and future growth have unsettled investors amid broader tech sector concerns.
56% – Nvidia’s year-over-year revenue growth in Q2 2025, fueled by AI demand.
Federal Reserve’s independence is under unprecedented pressure due to President Trump’s direct interventions and firing attempts, sparking fears of market destabilization and economic credibility risks.
The Minneapolis Catholic school shooting shocked the nation with two children killed and numerous injuries; local leaders and community mourn while investigations unfold.
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Trump administration continues to consolidate federal control over Washington, D.C., including taking over management of Union Station and heightening legal and political tensions.
US tariffs on Indian imports sharply increase to 50%, severely impacting bilateral trade and provoking Indian government responses amid rising trade tensions.
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SpaceX’s Starship program achieves a successful milestone with its 10th test flight deploying satellites, marking a turnaround after recent failures and bolstering Mars mission ambitions.
Cracker Barrel reverses recent rebrand after backlash, retaining its classic logo amidst financial struggles and public criticism.
FDA narrows Covid-19 vaccine approvals amid new restrictions; US tariffs on Indian imports spike to 50%, escalating trade tensions; EU set to reimpose sanctions on Iran.
Amid escalating conflicts, Russia intensifies airstrikes against Ukraine, hitting civilian infrastructure and energy targets, as international tensions rise sharply.
US futures edge higher on solid earnings including Nvidia’s beat; market sentiment remains cautious amid inflation worries and Fed policy uncertainties.
Chips are a strategic necessity in today’s economy.
— Treasury Secretary Scott Bessent
Baidu and Chinese AI chipmakers advance aggressively in AI infrastructure and computing platforms, signaling China’s growing presence in tech despite trade tensions.
Several countries, including Mexico and the EU, suspend or restrict postal shipments to the US amidst ongoing trade disputes, reflecting escalating global trade frictions.
Federal health agencies face leadership turmoil as CDC director Susan Monarez is ousted within a month amid controversy and mass resignations, stirring public health uncertainty.
Ford recalls over 355,000 pickup trucks due to dashboard instrument failures, raising concerns over vehicle safety and company liabilities.
European Union prepares to trigger snapback sanctions on Iran amidst deteriorating nuclear diplomacy and rising geopolitical tensions.
Chinese stock market rally driven by state support and institutional buying defies economic slowdown fears, though investors remain cautious about sustaining the boom.
Trade disputes escalate with Mexico, Canada, and the EU impacting shipments; US tariff policies face pushback and threaten supply chains.
Social Security data security concerns raised after whistleblower reveals major cloud storage breach by a government contractor, exposing personal information risks.
US political and economic tensions rise with Trump’s aggressive policy moves including tariffs, judicial confrontations, and efforts to reshape trade and industrial policy.
Hollywood and tech sectors face AI challenges amid new tools for cybercrime, evolving entertainment usage, and uncertain economic impacts.