As traders pivot from Federal Reserve news, all eyes are on Nvidia's upcoming earnings report. Expected to set records, its performance could determine the future of the AI-driven bull market amidst rising tensions and tariffs.
The U.S. budget deficit has surged by 20% this July compared to last year, even with record customs revenue from Trump's tariffs. As spending increases, the financial outlook raises concerns over inflation and job opportunities.
American Express has achieved record quarterly revenue of $17.9 billion, driven by a surge in card member spending. As millennials and Gen Z embrace premium products, the company faces rising expenses but maintains a positive outlook.
In a stunning turn of events, Chinese automaker BYD has reported annual revenue of 777 billion yuan, surpassing Tesla. With a 29% increase from last year, BYD's rapid development in EVs and new battery technology is reshaping the market landscape.
Chinese EV maker BYD has overtaken Tesla in annual revenue, reporting a 29% increase to 777 billion yuan. With new lower-priced models and advanced technology, BYD is poised for growth amid Tesla's controversies and market challenges.
Nvidia's stock has dropped 12% amid trade tensions and geopolitical uncertainty, despite record revenues. One top investor argues it's a prime buying opportunity with strong growth catalysts ahead.
