Vatsala Gaur

Staff Reporter at Invezz

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Articles

US considers deal to let UAE import over a million advanced Nvidia chips: report

1 day ago | invezz.com | Vatsala Gaur

The Trump administration is in active talks to authorize the United Arab Emirates to import over a million Nvidia Corp’s most advanced artificial intelligence chips, in what would mark a sharp departure from existing Biden-era export controls, Bloomberg said in a report on Tuesday. The prospective deal, which remains under negotiation, has drawn scrutiny in Washington over fears that American-made hardware could eventually end up in Chinese hands.
Goldman Sachs, others boost S&P 500 target on US-China deal

1 day ago | invezz.com | Vatsala Gaur

Just days after warning that the S&P 500 could fall another 20% due to a potential recession triggered by escalating tariffs, Goldman Sachs has reversed its stance. The bank’s strategists have now raised their six-month forecast for the benchmark index to 6,100 from 5,900, in response to easing trade tensions between the United States and China. The bullish revision came late Monday, with the S&P 500 closing just shy of breakeven for the year at 5,844.
China lifts ban on Boeing jet deliveries after trade thaw with US

2 days ago | invezz.com | Vatsala Gaur

China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar with the matter, in what marks one of the first tangible signs of progress following a temporary de-escalation in trade tensions with the United States.
Chinese stocks to benefit from US-China trade truce

2 days ago | invezz.com | Vatsala Gaur

Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90 days. Japan’s Nikkei jumped 2% to reach its highest level since February 25, while Taiwan’s tech-heavy index also gained 2 per cent. Chinese shares moved higher in early trading, and the MSCI’s broadest index of Asia-Pacific shares outside Japan touched a six-month peak.
Trump's plan to accept a jet as gift from Qatar sparks ethical storm

2 days ago | invezz.com | Vatsala Gaur

The Trump administration’s plan to accept a lavish Boeing 747-8 aircraft from the royal family of Qatar has drawn fierce criticism from legal experts, lawmakers, and government watchdogs, who argue that such a transaction would raise profound ethical and constitutional concerns. If completed, the jet—reportedly worth around $400 million—would mark the largest foreign gift ever received by the US government.
Amazon, Tesla drive Magnificent Seven surge on US-China trade deal

2 days ago | invezz.com | Vatsala Gaur

News of a temporary truce between the United States and China over punitive trade tariffs sparked a broad-based rally in US pre-market trading led by megacap technology stocks. The group known as the “Magnificent Seven”—Amazon, Apple, Meta, Microsoft, Alphabet, Nvidia, and Tesla—rose sharply in premarket trading, with Amazon and Tesla recording the largest gains. Amazon.com gained 8.2% while Tesla rose 8.06%, outpacing other members of the group.
US stock futures rally as US and China agree to tariff rollback

3 days ago | invezz.com | Vatsala Gaur

Wall Street stock futures surged on Monday, the dollar strengthened, and gold prices dropped sharply as the United States and China struck a surprise deal to temporarily reduce punitive tariffs and resume trade negotiations, lifting investor sentiment worldwide. Following high-level talks in Geneva over the weekend, the two sides announced a 90-day ceasefire on further tariff hikes.
Trump’s drug price order shakes Asian pharma market, analysts raise concerns

3 days ago | invezz.com | Vatsala Gaur

President Donald Trump announced on Sunday evening that he would sign an executive order aimed at reducing prescription drug prices in the United States by linking them to prices paid in other wealthy nations. The move, posted on Truth Social, revived a controversial pricing model known as the “most favored nation” (MFN) approach. The plan would effectively cap US prices for certain drugs at the lowest rate paid by peer countries.
What extended conflict between India and Pakistan could cost their economies

4 days ago | invezz.com | Vatsala Gaur

Tensions between India and Pakistan continued to escalate for a third day after India’s retaliatory military operation, dubbed Operation Sindoor, following a terror attack in Pahalgam that killed 26 civilians. Late Friday night witnessed a fresh wave of drone activity across northern India, with several cities in blackout and residents reporting explosions in the skies. Indian defence authorities said drones were spotted in 26 locations.
Expedia's cost controls offer hope, but analysts see growth hurdles ahead

5 days ago | invezz.com | Vatsala Gaur

Shares of Expedia Group fell sharply by more than 8.5% on Friday after the company reported first-quarter revenue that came in below Wall Street expectations, signalling a slowdown in US travel demand. The online travel platform posted revenue of $2.98 billion, falling short of the $3.01 billion expected by analysts surveyed by LSEG. The decline marks a concerning signal for the broader travel industry, which had been hoping for a strong summer season.