News

Nvidia earnings surge as Dow drops 245 points

Nvidia’s strong Q1 earnings boost shares, while Dow drops over 200 points amid light trade-war news and rising yields.

Published

8 months ago

May 29, 2025

Ahron Young

Nvidia’s strong Q1 earnings boost shares, while Dow drops over 200 points amid light trade-war news and rising yields.

In Short:
Nvidia’s first-quarter earnings surpassed expectations with a 69% revenue increase, leading to a slight rise in its shares as traders anticipate stock fluctuations. Meanwhile, U.S. stocks fell, influenced by rising bond yields and ongoing trade negotiations between Canada and the U.S.

Nvidia has reported its first-quarter earnings, which exceeded expectations with a 69% revenue increase compared to last year. As a result, Nvidia’s shares saw a modest rise.

The company’s performance is closely monitored on Wall Street as it provides insight into the artificial intelligence sector. Traders are anticipating significant fluctuations in Nvidia’s stock following this earnings report.

Jason Pride from Glenmede noted that Nvidia’s results could symbolise broader trends in the technology industry.

Strong performance

Meanwhile, U.S. stocks experienced a decline on Wednesday, following a strong performance the previous day. Treasury yields rose, and Japan’s bond market faced volatility after a weak auction, impacting global bond markets.

There was little news about the ongoing trade discussions. Canadian Prime Minister Mark Carney stated that his country is engaged in intensive negotiations with the U.S. regarding a new economic and security deal, indicating a desire to avoid prolonged discussions.

The Dow Jones Industrial Average dropped 0.6%, losing 245 points, while the S&P 500 and Nasdaq Composite both declined by approximately 0.5%. On the prior day, all three major indexes had gained over 1.8%.

Bond yields also rose, with the 10-year yield reaching 4.479%, up from 4.432% the day before. The WSJ Dollar Index saw an increase following its rise on Tuesday.

International stock markets had mixed results, with most Asian indexes falling, except in South Korea, where chip stocks aided a rise in the Kospi. European stocks showed a downward trend as well.

News

UK, Canada and Australia consider banning Elon Musk’s X over AI risks

UK, Canada, Australia discuss banning Elon Musk’s X over AI tool Grok’s potential for misuse; regulatory action may follow.

Published

4 hours ago

January 12, 2026

Harvey Vargas

UK, Canada, Australia discuss banning Elon Musk’s X over AI tool Grok’s potential for misuse; regulatory action may follow.

Downing Street has opened talks with Canada and Australia about a possible ban on Elon Musk’s social media platform, X. Concerns are growing over the platform’s AI tool, Grok, which could be misused to generate explicit images.

The scrutiny comes as government officials, including Sir Keir Starmer, voice serious worries about the platform’s impact and the potential for harm. Officials believe coordinated international action could send a clear message to Musk about the urgency of addressing these risks.

Ofcom is expected to release recommendations soon, potentially paving the way for regulatory action. How Musk responds could determine whether X faces restrictions in multiple countries.

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News

Trump weighs options as Iran protests escalate

Trump to discuss US responses to Iran protests with officials, including sanctions and military action options.

Published

4 hours ago

January 12, 2026

Harvey Vargas

Trump to discuss US responses to Iran protests with officials, including sanctions and military action options.

President Donald Trump is set to meet with senior US officials to discuss possible responses to the growing protests in Iran. The talks will focus on how Washington should react as unrest continues to spread across the country.

Options on the table reportedly include tougher sanctions and the possibility of military action. Secretary of State Marco Rubio and other top officials are expected to attend, as concerns mount over how US involvement could impact regional stability.

Iran has warned it will retaliate if the US intervenes, raising fears that any move by Washington could sharply escalate tensions in the Middle East.

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News

Trump declares US ready to support Iranian protesters

Trump pledges US support for Iranian protesters as regime arrests 100 amid escalating crackdown on dissent

Published

1 day ago

January 11, 2026

Ahron Young

Trump pledges US support for Iranian protesters as regime arrests 100 amid escalating crackdown on dissent

In Short:
– Trump supports Iranian protesters and promotes their quest for freedom amid government crackdowns.
– Iran reports arrests and increased military threats against protesters, with international demonstrations in solidarity emerging.

Donald Trump has warned Iran’s clerical regime that the US is “ready to help” anti-government protesters facing a crackdown. He stated on his social media platform, Truth, that the nation is witnessing a push for freedom like never before.On Saturday, Iran’s government reported the arrest of 100 “armed rioters” amid ongoing demonstrations. Rights groups claim at least 116 protesters have been killed, with unrest erupting over Iran’s currency collapse and demands for the overthrow of Supreme Leader Ayatollah Khamenei.

The Iranian military has intensified threats against protesters, warning that anyone participating could be deemed “enemies of God”, carrying a potential death sentence. There have been claims of “terrorist agents” linked to the US and Israel stirring unrest.

Protester Responses

International protests have also emerged in solidarity with Iranian demonstrators.

In London, an individual was seen tearing down the Iranian flag from the embassy, drawing attention to the global dissent. Iranian state media has accused “rioters” of violence and targeting military bases, amidst a climate of increased government scrutiny and restrictions.

With the internet down in Iran, accurate assessment of the situation remains challenging. Reports indicate scattered protests continue, but fear of government retaliation complicates participation.

The Iranian government’s response highlights the volatility of the political situation, and the growing international pressure on Tehran.