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Market Cools as Nvidia’s Blowout Earnings Fail to Ignite Futures

  U.S. stock futures were mixed Thursday morning as investors digested Nvidia’s latest blockbuster earnings—results that impressed on paper but didn’t translate into broad market enthusiasm. Dow futures edged slightly higher, while S&P 500 and Nasdaq futures hovered near the flatline, reflecting a cautious mood across Wall Street. Nvidia delivered strong beats on quarterly revenue and profit, along with guidance that topped expectations. Despite the stellar numbers, the stock’s initial surge faded as traders questioned whether the AI boom can continue delivering outsized returns. Shares ultimately pared gains to under 1% in early trading. The broader market’s hesitation stems from growing concerns about the sustainability of heavy AI investment. Salesforce’s weaker outlook added to the uncertainty, dragging software shares and reinforcing fears that not all tech giants will benefit equally from the AI wave. Meanwhile, geopolitical tensions—including renewed U.S.–Iran nuclea...
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TikTok Goes Dark for US Users Amid National Security Concerns

 

TikTok, the viral social media platform, has officially gone dark for its 170 million American users. This unprecedented shutdown follows a law enacted by Congress, which mandates the app's ban unless its Chinese parent company, ByteDance, divests its shares. The app's sudden inaccessibility has left millions of users in the lurch, with a message stating, "Sorry, TikTok isn't available right now".

The shutdown comes just before President-elect Donald Trump's inauguration. Trump has indicated that he will work on a solution to reinstate TikTok once he takes office, potentially granting a 90-day extension to finalize an agreement. This intervention could provide a temporary reprieve for the app, which has been at the center of national security debates due to its Chinese ownership.

TikTok's fate now hangs in the balance, with users and creators eagerly awaiting further developments. The platform's shutdown marks a significant moment in the ongoing tension between the U.S. and China over data privacy and national security concerns.

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