“We don’t sell them our best stuff, not our second best stuff, not even our third best,” Lutnick told CNBC’s Brian Sullivan.
Year: 2025
Rolls-Royce invests $75 million to expand South Carolina plant
Britain’s Rolls-Royce announced a $75 million expansion of its engine manufacturing facility in Aiken County, South Carolina.
AMD to resume MI308 AI chip exports to China
The U.S. Commerce Department told AMD that it will resume reviewing license applications required to send its MI308 products to China.
Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund
The Bezos Earth fund has disbursed roughly $2.3 billion in grants to “preserve and protect the natural world” since launching in 2020.
These 10 U.S. states are best positioned with electricity to power AI data center boom
Tech giants from Google to Meta to OpenAI are leading an AI data center boom. Some state electricity grids are better set to meet the […]
How to navigate trade war’s metals and mining conflicts using ETFs
From steep tariffs on copper to the U.S.-China friction over rare earth metals, mining is a big theme for investors amid President Trump’s trade war.
Jamie Dimon says JPMorgan Chase will get involved in stablecoins as fintech threat looms
JPMorgan Chase is a juggernaut in the global payments industry, helping move nearly $10 trillion daily, so it makes sense that they would explore stablecoins.
Stocks making the biggest moves midday: First Solar, Newmont, Wells Fargo, Nvidia & more
These are the stocks posting the largest moves midday.
Bitcoin is nearly double where it was a year ago. This is what’s behind the run
Firms like GameStop and Trump Media are following the Michael Saylor playbook and treating bitcoin as a strategic reserve.
Trump says U.S. has ‘deal’ with Indonesia, but shares no details
Trump in a Truth Social post called it “great deal, for everybody,” and said it followed direct dealings with Indonesian President Prabowo Subianto.