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⚠️BREAKING:
*ECB LEAVES DEPOSIT FACILITY RATE AT 2.00%; EST. 2.00%
*ECB LEAVES INTEREST RATE AT 2.15%; EST. 2.15%
🇪🇺🇪🇺
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⚠️BREAKING:
*DOLLAR INDEX TUMBLES ALMOST 1% AS TRUMP'S GREENLAND TARIFF THREAT RATTLES MARKET
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UK workers earning about £50,000 a year will be among the hardest hit under an extension to a freeze on income tax thresholds set to be announced in the Budget. Use the FT’s interactive calculator to understand its impact on.ft.com/48A3eDP
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$NVDA CFO just now:
"We currently have visibility to a half a trillion dollars in Blackwell and Rubin revenue from the start of this year through the end of calendar year 2026. ..we believe Nvidia will be the superior choice for the three to four trillion dollars in annual AI infrastructure build we estimate by the end of the decade."
The Transcript@TheTranscript_
$NVDA CEO: Blackwell/Rubin demand is surging with $500B in booked revenue through 2026, outpacing Hopper by 5x. "We're seeing extraordinary growth for Grace Blackwell...We now have visibility, and I think we're probably the first technology company in history to have visibility into half a trillion dollars of cumulative Blackwell and early ramps of Rubin through 2026...This is how much business is on the books, half a trillion dollars worth so far. Now, out of that, we've already shipped 6 million of the Blackwells in the first several quarters, I guess the first four quarters of production, three and a half quarters of production. We still have one more quarter to go for 2025, and then we have four quarters, so the next five quarters, there's $500B. That's five times the growth rate of Hopper."
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Donald J. Trump Truth Social 08.25.25 08:31 PM EST
As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies. Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology. They also, outrageously, give a complete pass to China's largest Tech Companies. This must end, and end NOW! With this TRUTH, I put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed, I, as President of the United States, will impose substantial additional Tariffs on that Country's Exports to the U.S.A., and institute Export restrictions on our Highly Protected Technology and Chips. America, and American Technology Companies, are neither the “piggy bank” nor the “doormat” of the World any longer. Show respect to America and our amazing Tech Companies or, consider the consequences! Thank you for your attention to this matter.
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*BESSENT SAYS BELIEVES THAT THERE WILL MEETING BETWEEN PUTIN AND ZELENSKIY - CNBC INTERVIEW
*BESSENT: SENSE IS THAT BOTH SIDES ARE READY FOR THIS CONFLICT TO END
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⚠️BREAKING:
*JOHNSON & JOHNSON 2Q EPS $2.77; EST. $2.68
*JNJ 2Q REVENUE $23.73B; EST. $22.86B
$JNJ
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NEWS: China's Xiaomi has raised its full-year target for pure electric vehicle deliveries to 350,000, up from 300,000 EVs for 2025 set earlier this year. reuters.com/business/autos…
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