Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
Nvidia shares will rally because of the growth of the technology industries that use its chips, according to one Wall Street firm.
Mizuho Securities reiterated its buy rating for the chipmaker's shares and raised its price target, citing solid pricing for its graphics processing units, which are used in the digital currency and graphics card markets.
"We believe NVDA continues to see strong underlying trends in cryptocurrency and gaming ahead of company expectations, even as GPU pricing remains stable post launch," analyst Vijay Rakesh wrote in a note to clients Sunday.
Rakesh raised his price target for Nvidia shares to $220 from $180. The new target is 13 percent higher than Friday's closing price.
"We believe NVDA guided the OctQ with expectations of a cool down in the crypto-currency market, but continued GPU pricing strength through the quarter could position it for an upside surprise," he wrote.
Bitcoin hit another record high on Friday to more than $5,800, up over 480 percent year to date. Cryptocurrency miners use graphics cards from AMD and Nvidia to "mine" new coins, which can then be sold or held for future appreciation.
Nvidia's latest chips provide 40 times to 100 times the performance of traditional central processing units for artificial intelligence applications, the analyst noted.
Nvidia shares have rallied nearly 200 percent during the previous 12 months through midday Monday, compared with the market's 20 percent gain. That performance ranks first in the entire S&P 500, according to FactSet.
The shares are up 1.4 percent midday Monday after the report.