Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there, two people briefed on the matter said. U.S. President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in China. But the sources noted U.S. regulatory approval is far from guaranteed amid…
Phillies ace Zack Wheeler had surgery Monday to remove a blood clot in his upper right arm, and the team says a timeline for his recovery remains uncertain. The Phillies said Wheeler underwent a thrombolysis procedure by Dr. Paul DiMuzio at Thomas Jefferson University Hospital. The 35-year-old Wheeler was placed on the 15-day injured list…
UBS strategists hiked their forecast for 2026 spot gold prices, seeing a continuation of the tailwainds that have powered a string of record highs in the year to date. The bank kept its end of 2025 target at $3,500 per ounce, up from the current spot rate of around $3,340. For next year, it lifted…
Shares of Viking Therapeutics fell more than 30% in premarket trading Tuesday after the company released mid-stage trial data on its obesity pill that disappointed investors. The results could be a blow to Viking, which was once seen as a hot M&A target as pharmaceutical companies scramble to join the booming market for obesity and…
Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White House whittles down what has suddenly become a crowded field. In a CNBC “Squawk Box” interview, Bessent confirmed the race to replace current Chair Jerome Powell is between 11 candidates, an array that includes past…
Underdogs and Overs are the darlings of the NFL preseason. At least that’s been the case so far in 2025. According to BetMGM, underdogs have gone 19-12 against the spread (ATS) and Overs have gone 22-9. When it comes to Overs, going into Sunday’s games, they had a 22-7 record. And then the Jaguars-Saints matchup…
Recent bouts of market volatility haven’t done much to dim investor confidence, according to a new report. After a year of wild market swings followed by the S&P 500 hitting fresh highs last week, nearly two-thirds of investors expect their portfolios to perform the same or better in the coming months, according to Fidelity Investments’ “State…
Check out the companies making headlines before the bell. Intel – Shares of the chipmaker jumped around 6% after it was announced that SoftBank will make a roughly $2 billion investment in the company, paying $23 per share for Intel’s common stock. This comes as the U.S. government reportedly has been considering taking a stake…
Jaque Silva | Nurphoto | Getty Images Jeff Wang got a big promotion last month. There were lots of tears, but not the happy kind. The 39-year-old was unexpectedly named interim CEO of artificial intelligence coding startup Windsurf. The company had been in discussions with OpenAI about a potential acquisition that would have resulted in…
Ralph Vacchiano NFL Reporter Five years ago, the Cleveland Browns won 11 games and made the playoffs. The New Orleans Saints won 12 and won the NFC South. The Philadelphia Eagles and Detroit Lions finished dead last in their respective divisions. Looking back, it feels like it was the NFL’s version of The Upside Down….
