Skip to main content

Featured

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...

article

US, Colombia Reach Agreement on Deportations; Tariffs and Sanctions Suspended

 

The United States and Colombia have reached a significant agreement regarding deportations, averting a potential trade war. The White House announced on Sunday that Colombia agreed to accept deported migrants on U.S. military aircraft, reversing its earlier refusal. In response, the U.S. has decided to hold off on imposing threatened tariffs and sanctions.

President Donald Trump had initially threatened 25% tariffs on Colombian goods and other sanctions after Colombia declined to accept deportation flights. However, Colombian President Gustavo Petro agreed to accept the migrants, ensuring that the tariffs and sanctions will remain on hold.

Colombian Foreign Minister Luis Gilberto Murillo stated, "We have overcome the impasse with the U.S. government. The Colombian government has also prepared the presidential plane to facilitate the return of deported Colombians.

The agreement highlights the importance of cooperation between the two nations, with Colombia being the third-largest U.S. trading partner in Latin America. The U.S. is Colombia's largest trading partner, with a significant trade relationship established by a 2006 free trade agreement.

The White House emphasized that this agreement demonstrates America's respected position on the global stage and expects other nations to cooperate in accepting deported citizens.




Comments