
Review of Gisborne's controversial Grey St changes could determine fate of project
The Gisborne District Council (GDC) will begin an evaluation of the 12-month trial immediately after it ends on July 31.
Expected to be ready in October, this review will

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Microsoft Joins Nvidia in $4 Trillion Club
The $4 trillion club is now a party of two. Microsoft (MSFT) on Thursday became the second company in history to reach a $4 trillion market value as tech stock prices continued to climb on booming AI demand. Microsoft's stock popped 7% at the open, putting its market capitalization at $4.09 trillion, after the company's fiscal fourth-quarter results blew past expectations on strong growth in all of its businesses, but especially in its cloud computing and AI services. Microsoft's entry into the $4 trillion club comes just weeks after Nvidia (NVDA) became the first company to reach the milestone. Its market cap briefly crossed $4 trillion in intraday trading on July 9, but it wasn't until July 10 that it closed above the threshold. Microsoft was already America's second most valuable company, worth nearly $2 trillion, when the launch of ChatGPT in late 2022 sparked an AI frenzy in Silicon Valley and on Wall Street. But surging demand for AI and cloud computing has turbocharged Microsoft's growth in the last three years. The company on Wednesday reported 2025 fiscal-year revenue of close to $282 billion, up from $198 billion in the fiscal year before ChatGPT, and net income of $102 billion, up from $73 billion. With about 7.4 billion shares outstanding, Microsoft stock will need to close at or above $538.13 to stay in the $4 trillion club. Shares were up 5% just above $539 in recent trading. Read the original article on Investopedia
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Ohio State wide receiver gets Heisman prediction going into sophomore season
It's no shock that Ohio State wide receiver Jeremiah Smith is already landing on preseason awards watch lists. He recently landed on the Maxwell Award Watch List, which is given to the player judged to be the best in the country. Given Smith's phenomenal freshman season, it's no surprise to see him on this list. It also won't be a surprise to see that some experts are predicting Smith to take home college football's most coveted individual award, the Heisman Trophy. On3's JD Pickell and host of The Hard Count has logged his prediction for Jeremiah Smith to become the seventh Buckeye to win the Heisman. That prediction not only says a lot about Smith but also what he feels will come from presumed starting quarterback Julian Sayin. If Smith is to win the eighth Heisman in Ohio State history, he will need a competent quarterback to get him the ball. Pickell is clearly all in on Sayin as plug and play. In fact, Pickell feels so strongly in the duo, he has Ohio State making it back to the national championship game. However, he would stop short of predicting back-to-back championships for the Bucks, having them fall to the LSU Tigers. Pickell has LSU quarterback Garrett Nussmeier finishing as the runner-up to Smith in the Heisman race. Those are some lofty expectations for the Buckeyes, but nothing that is out of the realm of possibility. If things play out the way Pickell sees it, this will be an overwhelmingly successful season, especially with the number of NFL draft picks the Buckeyes lost. Let's be honest, nothing outside of a win over Michigan and a national championship will be good enough for most og Buckeye Nation. It's a long season, and Ohio State has a tough road ahead. That road starts in just about a month when Texas comes to town for the season opener. This article originally appeared on Buckeyes Wire: Ohio State's Jeremiah Smith lands Heisman winning prediction
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Nvidia in the Crosshairs: China Just Escalated the AI Chip War
Nvidia (NASDAQ:NVDA) just hit another speed bump in China. Days after the U.S. rolled back export restrictions on its H20 chipdesigned specifically to comply with sanctionsChinese regulators summoned Nvidia to address alleged serious security vulnerabilities. The Cyberspace Administration of China (CAC) raised concerns tied to U.S. lawmakers' comments suggesting these chips may carry location-tracking or shutdown features. The agency demanded internal documentation and clarification from Nvidia's local team. No official details were shared beyond that, but investors are watching closely. The stock gained 2.5% on Germany's Tradegate, supported in part by strong earnings from Microsoft and Meta, but this probe introduces fresh uncertainty. Warning! GuruFocus has detected 5 Warning Signs with NVDA. The timing couldn't be more delicate. CEO Jensen Huang had just wrapped up a high-profile China visit, spotlighting local champions like DeepSeek and Tencent while calling China a global AI powerhouse. Meanwhile, U.S. officials had been framing the H20 green light as a goodwill gesturehoping it would unlock better access to China's rare earths. But now, Chinese regulators are signaling they're not quite sold. Local chipmakers like SMIC and Cambricon popped more than 5% following the CAC's statement, suggesting markets see this as a tailwind for China's self-reliance push. As Forrester's Charlie Dai put it: H20 sales could now face delays, just as China doubles down on homegrown tech. Underneath all this is a bigger chessboard. The U.S. had loosened chip export rules after trade talks in London, and in return, China allowed more outbound flow of rare-earth minerals. But the CAC's sudden scrutiny of the H20 chipespecially one already stripped down to meet U.S. compliancefeels like a move to keep pressure in the trade negotiations. At the same time, domestic players like Huawei are rolling out rivals like the Ascend 910C, which are already being compared to Nvidia's chips for inference workloads. As trade officials sidestep direct comment, one thing is clear: Nvidia's foothold in China remains fragile, and investors will need to watch how this unfoldsone regulatory move at a time. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data