Share: Nvidia stock sells off at the beginning of Friday’s session. President Joe Biden’s administration intends to bar foreign units of Chinese companies from accessing Nvidia’s H100 and A100 GPUs. NVDA stock has been rising for more than three weeks now. Chinese companies have been remotely accessing AI chip technology, according to Reuters.
© Reuters. A view shows Lebanon’s Central Bank building in Beirut, Lebanon August 25, 2023. REUTERS/Mohamed Azakir/File photo By Maya Gebeily BEIRUT (Reuters) – Lebanon’s central bank will restrict access to a new currency exchange platform set to launch within weeks to ensure U.S. dollars traded on the system are coming from “legitimate sources”, one
© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang SHANGHAI/BEIJING (Reuters) -China’s central bank has asked domestic lenders to scale back outward bond investments according to two sources with direct knowledge of
Monthly options expiration was likely a factor in trading today but, in any case, the dip buyers returned and stocks mounted a solid comeback, led by value. S&P 500 flat Nasdaq Comp -0.2% Russell 2000 +0.8% DJIA +0.1% Toronto TSX Comp +0.1% On the week: S&P 500 -2.1% Nasdaq -2.6% DJIA -2.2% This was the
> Biden plan to signed Executive Order to limit critical US technology investments in China Executive Order to go into effect but mid August Bloomberg is reporting: Pres. Biden to sign Executive Order to limit critical US technology investments in China by mid August Planned Executive Order to focus on semi-conductors, AI, quantum computing. Won’t