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CHINA FOREIGN MINISTRY: CHINA, US ARE MAINTAINING COMMUNICATION ON A POTENTIAL VISIT TO CHINA BY PRESIDENT TRUMP

2026-05-06

CHINA FOREIGN MINISTRY: CHINA, US ARE MAINTAINING COMMUNICATION ON A POTENTIAL VISIT TO CHINA BY PRESIDENT TRUMP

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2026-05-06

This earnings season has been positive for AI, yet investors have been selling Nvidia Corp. shares. Nvidia, whose GPUs dominate AI chips, has fallen 9% over six sessions after hitting a record on April 27, underperforming the Philadelphia semiconduct

This earnings season has been positive for AI, yet investors have been selling Nvidia Corp. shares. Nvidia, whose GPUs dominate AI chips, has fallen 9% over six sessions after hitting a record on April 27, underperforming the Philadelphia semiconductor index, which rose over 5%. Concerns are rising that its dominance is under threat as major tech firms expand in-house and rival chip offerings. Alphabet is commercializing TPUs, Amazon’s Trainium has over $225 billion in commitments, Meta is investing heavily, while Intel and Qualcomm are gaining data center traction. Bill Stone of Glenview Trust noted near-100% market share leaves only downside risk as credible competitors emerge.
2026-05-06

PALANTIR TECHNOLOGIES SHARES EXTEND LOSSES, LAST DOWN 7.6%

PALANTIR TECHNOLOGIES SHARES EXTEND LOSSES, LAST DOWN 7.6%
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