Nvidia, United Airlines, Tesla
On this episode of Stock Movers: - Nvidia (NVDA) shares are lower this morning, leading a slide in global chip stocks, due to new US government restrictions on Nvidia chip exports to China. The restrictions on Nvidia's H20 chip are seen as a permanent policy driven by concerns over China's rise in the electronics sector and are expected to have a significant negative impact on the semiconductor supply chain. - ASML Holding NV (ASML) shares are down not just due to Nvidia chip restrictions, but on comments regarding outlook from leadership due to tariffs and a disappointing report on orders. - United Airlines (UAL) shares are higher after the carrier said it expects resilient earnings in the second quarter. It says its 2025 outlook remains achievable. - Tesla (TSLA) share are lower after pausing the shipping of key components from China for its Cybercab and Semi models. It comes amid a growing US-China trade war.
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Trump says there's a TikTok buyer that he'll reveal in ‘about two weeks'
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Yahoo
17 minutes ago
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Trump teases a buyer for TikTok: A group of 'very wealthy people'
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