Nvidia, AMD to Give U.S. 15% Cut on AI Chip Sales to China
The unusual arrangement follows Nvidia CEO Jensen Huang’s meeting with President Trump.
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Intel CEO Singled Out By Trump to Visit White House on Monday
Lip-Bu Tan is set to meet with the president, who last week called for Tan’s removal.
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Activist Investor to Push Avantor to Make Changes or Sell Itself
Engine Capital has a roughly 3% stake in the life-sciences company.
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Inside Target, Frustrated Employees and the Search for a New CEO
Target, needing to revive sales and boost morale, is searching for its next leader.
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How Warby Parker Has Kept the Price of Glasses at $95 for 15 Years
The eyewear brand is betting it can mitigate tariffs and other costs with recent increases on more expensive offerings.
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Everyone’s worried about the economy, but executives have been talking less about a recession
Earnings Watch: There’s a quieter week ahead, with results due from Cisco and WeightWatchers, and executives on quarterly earnings calls have talked about a recession a lot less over the last 2 months.
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Remote Work Comes to Piloting Ships
A Danish test that lets maritime pilots remotely guide vessels from shore is the latest step in the evolution of shipping technology.
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Ad Tech Company Trade Desk Downgraded as Amazon, AI Reshape Digital Market
The company reported revenue growth for the second quarter but saw its stock price drop.
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Two Big TV Broadcasters in Advanced Deal Talks
A deal between Nexstar and Tegna could be a litmus test for the FCC’s deregulation push
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Trump Preparing IPO for Fannie Mae and Freddie Mac Later This Year
Some officials believe the offering could raise around $30 billion and value the combined firms at roughly $500 billion or more.
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Wendy’s Cuts Outlook as U.S. Sales Falter
Wendy’s lowered its full-year earnings and sales guidance after reporting declining revenue in the second quarter tied to weakness among its U.S. restaurants.
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Lyft Bets on Robotaxis to Drive Revenue Growth
Lyft is betting on a revenue boost from deploying autonomous vehicles in the U.S. and Europe as the San Francisco-based ride-sharing company works to scale its robotaxi presence.
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Under Armour Expects Struggles to Continue as Tariffs Dent Results
The sportswear company reported a drop in first-quarter profit and guided for steeper declines in the current quarter. It also said it expects tariff headwinds to cut its fiscal-year profit in half.
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How Intel’s CEO Helped Create China’s Chip Industry
Lip-Bu Tan’s venture-capital firm has supported some of the biggest names in China’s chip industry. With U.S.-China tensions running high, those investments no longer look so benign.
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Heartflow Stock Soars 50% Above IPO Price in Latest Hot Debut
Medical imaging company Heartflow rose nearly 50% on its first day, joining Firefly, Figma, and Circle as big IPO gainers.
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Boeing’s $4.7 Billion Spirit AeroSystems Deal Cleared in U.K.
Officials said they wouldn’t open an in-depth probe into Boeing’s deal to acquire the fuselage maker, effectively clearing the transaction.
(END) Dow Jones Newswires
August 10, 2025 23:15 ET (03:15 GMT)
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