In a rare public display, billionaires Huang, Lee, and Chung shared a meal at Kkanbu Chicken, triggering a viral sensation and a stock market surge for chicken companies. The dinner coincided with Huang's announcement of Nvidia's major investment in South Korea's tech sector.
Wall Street experienced a decline on Wednesday as investors processed Netflix's latest earnings results. Attention now shifts to Tesla's upcoming report, raising questions about the tech sector's future.
The recent introduction of a $100,000 fee for H-1B visa applications has left small firms and startups in distress, fearing it could stifle innovation and economic growth. As the tech giants adapt, smaller businesses grapple with the financial burden, impacting hiring practices across various sectors.
President Trump is set to impose a staggering $100,000 application fee for H-1B visas, igniting fierce debate in the tech industry. This potential policy change could drastically affect companies reliant on skilled workers from India and China.
Robinhood Markets is officially joining the S&P 500, marking its transition from a pandemic trading app to a significant player in U.S. finance. This inclusion is expected to boost stock demand and reflects the company's growing credibility among institutional investors.
Nvidia's stock has soared over 1,400% since October 2022, making it a key player in the tech market. As the company prepares to report earnings, investors are anxious about the impact on the broader market amidst recent tech stock declines.
In a surprising move, President Trump announced that Intel's CEO has agreed to pay $10 billion to the U.S. government, marking a significant federal intervention in the tech industry. This deal represents 10% of Intel's market value and could reshape the landscape for American chipmakers.
Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
The U.S. boasts 23.8 million millionaires, with over a thousand new millionaires created daily. Despite recent market challenges, experts believe American wealth growth may continue. Discover how global trends are impacting millionaire populations.
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