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- Intel shares surge after Trump meets with CEO Lip-Bu Tan
Intel shares surge after Trump meets with CEO Lip-Bu Tan
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Intel shares surge after Trump meets with CEO Lip-Bu Tan
Intel stock rose 3.5% Monday and another 2.8% after hours after CEO Lip-Bu Tan met with President Trump, signaling further talks. The meeting follows last week’s call for Tan’s resignation over China ties, with Intel reaffirming its U.S. manufacturing and security commitments.
Nvidia restores China sales in landmark U.S. deal
Nvidia secured a U.S. export license to resume chip sales in China, agreeing to share 15% of H20 revenue with Washington. Analysts see recapturing $8B/quarter by early 2026, with price targets up to $250, implying 37% upside from current levels.
US stocks slip ahead of key CPI, PPI inflation data
Major US indexes fell as investors awaited July CPI and PPI readings that could shape Fed rate decisions. Dow -0.45%, S&P 500 -0.25%, Nasdaq -0.3%. Markets price an 87% chance of a September rate cut, but sticky inflation could temper expectations.
🪙 Crypto
Bitcoin nears record as ether tops $4,000 on ETF inflows
Bitcoin briefly hit $120K before easing to $118,982, while ether surged to $4,257, its highest since 2021. Ether ETFs saw $326.8M in weekly inflows versus $246.8M for bitcoin ETFs. Gains were fueled by U.S. debt expansion and strong Asia trading demand.
🌎 Global Economy
China’s economic rise stalls as structural headwinds mount
China’s share of global GDP has fallen from 18.5% in 2021 to 16.5%, with GDP now just 62% of the US. Demographic decline, stalled productivity, a prolonged property downturn, and weakening exports signal that 'Peak China' may have arrived.
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