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US President Donald Trump comes with dates in the pink garden in Washington, Colombia, April 2, 2025.
Carlos Bari | Reuters
US President Donald Trump has been accused of returning back on his trade policy – A Financial observer He concisely described this obvious picture as “taco” or “Trump is always chickens”.
Walking at tariffs were largely positive for markets. Now the federal court beat its “mutual” tariffs – the same as Trump stopped – – it will hold – – – Having raised us futures.
Markets in expanded trade have already been subjected Nvidia’s Drawing sales in the January quarter. The sperm -producer published 73% of income growth from its data centers, which includes artificial intelligence and other related components.
The total income jumped by 69% to $ 44.06 billion from $ 26 billion a year earlier – and would be even higher if it weren’t for export restriction to China, Nvidia said.
In other words, the demand for AI circuits is still blooming, despite the fact that companies that do not need many advanced chips and corporations, spend less of the uncertainty caused by tariffs.
It does not seem to seem that the restrictions on exports of chips in China will enjoy the same policy that is facing tariffs, since these rules, according to the White House, are a more issue of national security than “negotiations” – so Trump characterized his tariff steps.
In any case, Trump may be much smaller if the courts continue to overcome their policies.
Trump “mutual” tariffs are stuck
The US Federal Court ruled on Wednesday that President Donald Trump exceeded its powers with its mutual tariffsstrike on the major principle of the economic agenda of the president. “The world and retaliation of tariff orders exceed any powers provided by the Ieepa president to regulate imports through tariffs,” the judges write.
Nvidia Posts Reves
Nvidia Profit in the first quarter won the LSEG assessment. Profit for the action amounted to 96 cents, which was adjusted, above 93 cents, and revenue amounted to $ 44.06 billion by 73% compared to the year of Nvidia data centers, which defeated the forecast of 43.31 billion dollars. However, export restrictions to China are weighed on Nvidia. ” H20 Export to ended our business -center processing Hopper data center in China,“Jensen CEO Jensen said.
“Negotiations” without giving up: Trump
Trump pushed away on Wednesday “Theory of taku“This describes the sample that Trump announces new tariffs, sending markets that collapsed, and then later stop or illuminate them, causing markets to bounce. When asked at CNBC about this term, Trump said his steps are” called “called” called ” negotiation“
Markets shrunk forward, Nvidia’s profits
American shares slipped on Wednesday. A S&P 500 lost 0.56%, Dow Jones Industrial Medium decreased by 0.58% and Nasdaq Composite refused 0.51%. Exit on 30-year-old treasury Briefly touched 5%. Pan -European Stoxx 600 Index sliding 0.61%. Producer Stellantis Closed by 2.2% below after the Jeep, Dodge, Fiat and much more Named Chief Operational Director of North America Antonio Philos as a new CEO.
Elon Musk “disappointed” by Trump’s bill
Elon Musk, headed by the US Government Department, was found by a federal judge on Tuesday to carry out “significant powers” Without “proper purpose” Congress. On Wednesday Musk on x thanked Trump “For the opportunity to reduce wasteful costs.” Musk said separately he was “disappointed” with Trump Tax accountstating that “increases the budget deficit rather than simply reduces it and undermines the work performed by the Doge team“
Tesla’s investors want Musk to work more
In the news about the original work of Musk, Tesla Investors on Wednesday wrote a letter to Robin Denholm, the chairman of the board, demanding musk Work at least 40 hours per week In the automaker as a condition of any new compensation plan they can agree on it. “Reduction of sales” Tesla and “Falling Global Reputation is a serious concern,” the group of pension funds wrote.
(Pro) bond yields still may pressure on stocks
It seemed that higher bond yields on Wednesday would help put a shock absorber on a strong start on the stock market, with 30-year treasury revenue being pushed back to 5%when the S&P 500 drowning. Analysts warn that the bond market can experience a larger rutchion that would Put the cover on any promotion.
UAE President Sheikh Mohammed Bin Zaeda Al Nahayan (R) welcomes his US counterpart Donald Trump upon arrival at the presidential terminal in Abu -Dabi on May 15, 2025.
Giuseppe Cacace | AFP | Gets the image
American love communication with UAE not only in access – this is about domination
Deeply in the rich oil deserts of the Middle East, the United Arab Emirates are on the set of supremacy in artificial intelligence.
Seven thousand miles on the planet, the US, led by President Donald Trump, want US firms dominated in the world race.
Although their goals can be divided by continents, their ambitions are amazingly aligned. Currently, the United States is making the most modern semiconductor chips in the world, while the UAE and the neighboring Gulf countries have a rich, cheap energy required to feed huge AI data centers.