AI distracts investors from fresh tariffs

Only this morning Singapore Time President Donald Trump – Note what is 50% tariff on copper imports which It announced earlier on TuesdayIt will start on August 1.

On Wednesday, Trump posted freshly slate tariff letters on goods from at least seven other countries, including Mexico, No. 1 importer of goods to the USAPhilippines, Brunei and Sri Lanka.

But the president took a few steps further with Brazil threatening 50% tariff for the country. This is partly in response to the current lawsuit over its vocal ally Jiri Balsanar over the role of former Brazil president in allegedly a coup To overcome the loss of re -election in 2022.

The 50% tariff for Brazil notes the highest level of responsibilities that the White House imposed on its trading partners in the recent round of new leishers, which should begin on August 1.

But it seems that investors decided to approach Trump’s tariffs without answering at all. They seem to have moved their attention from tariff events and instead resumed appetite for artificial intelligence.

On Wednesday, traders increased Nvidia shares, causing the company to become the world’s first touch the market capitalization of 4 trillion dollars. Other basic technological names have also grown, including meta -platforms, Microsoft and Alphabet.

New tariff developments. Trump revealed updated tariff rates On the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka, through screenshots on truth. 50% duty on copper imports is set in A blow on August 1.

American shares are growing like an investor appetite for AI. On Wednesday, all three major American landmarks were. A Nasdaq Composite Extended 0.94%to close on a new maximum of 20 611.34. Singaporean stocks reached a new maximum on the fourth consecutive day against the background Mixed trade in Asia-Pacific markets Thursday.

Korea Bank supports stable rates. Central Bank stood stroking at his political rate by 2.5% on Thursday, as it assessed the influence of the latest measures to cool the real estate market. According to Goldman Sachs, more than 19% increased in Seoul’s housing in Seoul.

Most Fed officials see a decrease in rates, but they are divided into how much. Officials saw pressure on inflation caused by the tariff as potentially “temporary and modest” Released on Wednesday.

(Pro) potential in the UK stocks, despite the weak economy. Asset dispatcher sees opportunities in the London market that are “hard to ignore” by choosing Three actions that, in his opinion, are undervalued.

Linda Anchorina leaves as CEO Elon Musk’s X

Linda Anchorina announced on Wednesday that she was leaving the CEO of the Social Media website Elon Musk after two years. Her departure comes a day after artificial intelligence by Moscow Chatbot Grok repeatedly expressed anti -Semitic comments and referred to Hitler in response to the Texas flood reports.

Yaccarino did not give rise to her departure, but her exit has been working for more than a week, said a man familiar with the issue, said NBC News.

– Ashley kaput