China’s manufacturing activity rebounded in June, according to a private survey, suggesting relief after a trade-war truce with the US https://t.co/tCEZq8WkFN ...

Stock Performance - MP Materials' stock has increased significantly: up 50% in one month, 105% in six months, and 158% in twelve months [1] Investment Strategy - The analyst is selling MP Materials, viewing it as a trade war play that has already materialized [1] - The analyst believes the stock is now fully priced [2] - The analyst anticipates more potential for positive trade war news than negative [2] Company Outlook - The company is expected to perform well in the coming years by mining and refining rare earth elements, and building magnets [2] Risk Assessment - There is a possibility that China could restrict rare earth elements again, although it is not the base case [3]

China’s factory activity improved for a second month but remained in contraction, as trade rebounds after a truce in the trade war with the US https://t.co/VUU3iCODgf ...

While Ireland is among the most vulnerable countries to Donald Trump’s trade war, there’s a quiet confidence that its financial sector and economy can withstand any shocks https://t.co/ivtvYNhHOA ...

China's Economic Slowdown - China Beige Book data indicates a broad slowdown in China's economy, with declines in manufacturing, consumption, and bank borrowing [3] - May data initially appeared positive due to tariff reductions and consumer trade-in programs, but subsequent data revealed a fall-off [2][3] Beijing's Policy Stance - Beijing seems less concerned about the economic situation and is intervening less aggressively than before [4] - This reduced concern is attributed to Beijing's confidence in its leverage in trade discussions with the United States [4] - China is easing rates and engaging in fiscal stimulus, but not to the extent that would be expected in an extreme downside scenario [5][6] Trade War Dynamics - China is perceived to be able to withstand more economic pain compared to Western democracies [8] - China is using export controls, particularly on rare earth magnets, to demonstrate leverage against the United States [8] - China feels it has presented a strong front in the trade war, reducing the immediate need for aggressive economic measures [9] Consumption and Manufacturing - Claims of China transforming into a mega consumer powerhouse are viewed skeptically [10][11] - China's weak domestic demand leads to increased exports and potential dumping of products on global markets [13][14] - Overcapacity in various sectors, including cars and EVs, contributes to the pressure to export [17] Overcapacity and Export Strategy - China's economic model, characterized by weak domestic consumption and strong supply-side support, results in overcapacity being channeled to the global market [17] - This overcapacity can be used strategically to exert leverage on adversaries like the United States, particularly in critical minerals [16]

I'll do this at some point over the next two weeks, less than two weeks. I could answer that question better in two weeks or four weeks from now. Trump has a habit of of repeating things, phrases or or you know, he dwells on certain things and for years he's been using two weeks to buy time or stall. I have a message directly from the president and I quote, "Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decisio ...

Bring in show music, please. Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, President Trump makes an abrupt departure from the G7 in Canada, citing the strikes between Israel and Iran as top priority.They should have done the deal. I told them do the deal. And Steve Eisman, the big short investor who famously bet against the housing market before the financial crisis.He warns against the worst case scenarios. People have been making those kind of predictions for 40 years. Why haven't they ever com ...

Core Insights - NVIDIA Corporation (NVDA) is projected to lose approximately $8 billion in revenues in Q2 of fiscal 2026 due to new U.S. government export restrictions on its H20 AI chips to China, resulting in the slowest revenue growth in nine quarters at 2% sequential growth [1][10] - The company had to write down $4.5 billion in unsold inventory and future chip orders, highlighting its significant reliance on the Chinese market for sales [2][10] - NVIDIA is attempting to mitigate revenue losses by expanding into other regions, focusing on AI infrastructure deals in Saudi Arabia and the European Union, but these markets cannot fully replace the scale and growth potential of China [4][5][10] Company-Specific Challenges - NVIDIA's CEO, Jensen Huang, indicated that the export controls could allow local Chinese chipmakers to catch up more quickly, posing a risk to NVIDIA's market position [3] - Rivals such as Advanced Micro Devices (AMD) and Intel are also affected by the U.S. export restrictions, with AMD estimating a loss of around $800 million due to the ban on its MI308 GPUs, which compete with NVIDIA's offerings [6][7] - Intel faces challenges with its Gaudi 3 chips, which were part of its expansion strategy into China, and the export restrictions may hinder its ability to meet volume targets [8] Financial Performance and Valuation - NVIDIA's shares have increased by approximately 7.1% year-to-date, outperforming the Zacks Semiconductor – General industry's growth of 6% [9] - The company trades at a forward price-to-earnings ratio of 30.48, slightly below the industry average of 32.79 [11] - The Zacks Consensus Estimate for NVIDIA's fiscal 2026 and 2027 earnings suggests year-over-year increases of about 42% and 31%, respectively, with recent upward revisions in earnings estimates [12]

Elon Musk issued an apology on his social-media platform, X, over how he handled the dispute with President Trump last week. The dispute — which was triggered by Elon Musk’s opposition to the tax-cut bill President Donald Trump is pushing through Congress — posed a threat to Musk’s wealth when the president raised the prospect of retaliating by cutting off his government contracts. That would have battered SpaceX and Tesla’s stock price tumbled last Thursday, before recovering most of the loss. “I regret so ...

THE DAC IS LOWER. FOR THE CONVERSATIONS THAT MATTER AND THE INSIGHTS YOU NEED, LET US GET STARTED. ♪ >> NEWSMAKERS AND MARKET MOVERS, THIS IS "THE PULSE WITH FRANCINE LACQUA." FRANCINE: GOOD MORNING AND WELCOME TO "THE PULSE." THEY TRUMP ADMINISTRATION HAS ESCALATED ITS RESPONSE TO ANTI-DEPORTATION PROTESTS IN LOS ANGELES BY MOBILIZING SOME 700 MARINES AND ANOTHER 2000 NATIONAL GUARD TROOPS.IT COMES AS CALIFORNIA IS SUING THE ADMINISTRATION FOR DEPLOYING THE MILITARY IN THE CITY. U.S. PRESIDENT BACK COMMENT ...