Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.
Read More S&P 500, Nasdaq near record highs as rate-cut bets creep upTag: NVIDIA
Tesla’s self-driving future under threat from China’s auto, tech giants
BYD shook up China’s smart-EV industry earlier this year by offering its “God’s Eye” driver-assistance package for free.
Read More Tesla’s self-driving future under threat from China’s auto, tech giantsOracle to buy $40 billion of Nvidia chips for OpenAI’s US data center, FT reports
Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center.
Read More Oracle to buy $40 billion of Nvidia chips for OpenAI’s US data center, FT reportsAmid ‘Jensanity’, Nvidia signals plans to keep AI crown
U.S. restrictions on high-tech exports have seen Nvidia lose market share in China as it withdraws chips and designs inferior alternatives compliant with evolving U.S. policy.
Read More Amid ‘Jensanity’, Nvidia signals plans to keep AI crownFunction over flash: Specialized robots attract billions with efficient task handling
Interest has been rising in such specialized robots as they offer a clear path to profitability, given the stress on automation across industries, including retail, defense and waste management.
Read More Function over flash: Specialized robots attract billions with efficient task handlingUS and UAE finalise technology framework agreement, source says
The US and UAE have finalized a technology framework agreement during President Donald Trump’s last stop of his three-country Gulf tour
Read More US and UAE finalise technology framework agreement, source says