Nvidia, AMD Set to Resume Some AI Chip Sales to China
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Yahoo
25 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures climb ahead of week poised to shake markets
US stock futures made gains as Wall Street prepared for fresh earnings and economic data amid a blockbuster week poised to shake markets. Futures attached to the Dow Jones Industrial Average (YM=F) gained 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) ticked up 0.2%. On Monday, the S&P 500 and Nasdaq eked out record highs amid an otherwise subdued trading session as Wall Street digested a new trade deal between the US and EU. Read more: The latest on Trump's tariffs Wall Street heats up Tuesday. Boeing (BA) and Starbucks (SBUX) are set to report earnings with investors eager for signs of turnarounds underway, while Spotify (SPOT) is expected to issue results that feature cautious guidance. Fresh data on job openings from the Labor Department is also set to land, along with a new reading of the Conference Board's consumer-confidence index. Later in the week, investors are bracing for market-moving decisions and results, including the Federal Reserve's next move on interest rates, the July jobs report, and earnings from tech giants Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Meta (META). Finally, President Trump's deadline for trading partners to strike deals or else face blanket tariff rates arrives Friday amid a new wave of talks between the US and China. Nvidia orders 300,000 H20 chips from TSMC to satiate Chinese demand Reuters reports: Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. Read more here. Oil maintains gains with tariffs and OPEC+ supply in sight Oil maintained gains following Trump putting pressure on Russia over the war in Ukraine with economic sanctions against Putin's government on the table. Bloomberg reports: Read more here. Nvidia orders 300,000 H20 chips from TSMC to satiate Chinese demand Reuters reports: Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. Read more here. Reuters reports: Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. Read more here. Oil maintains gains with tariffs and OPEC+ supply in sight Oil maintained gains following Trump putting pressure on Russia over the war in Ukraine with economic sanctions against Putin's government on the table. Bloomberg reports: Read more here. Oil maintained gains following Trump putting pressure on Russia over the war in Ukraine with economic sanctions against Putin's government on the table. Bloomberg reports: Read more here.
Yahoo
25 minutes ago
- Yahoo
Brewing Innovation: Univers and Starbucks China Redefine Green Retail from Store to Supplier
SINGAPORE, July 29, 2025 /PRNewswire/ -- Univers, the global AI for Energy leader, and Starbucks China have unveiled a technological partnership to accelerate sustainability across Starbucks' China value chain. Through the deployment of Univers' advanced AI and Internet of Things (IoT) decarbonization solutions, the collaboration will enable Starbucks to digitally monitor, measure and actively reduce Scope 3 emissions across its supplier network. This visibility will allow Starbucks to drive actionable emissions reductions, support its suppliers in their own low-carbon transitions, and strengthen compliance with evolving climate regulations. Greener Store Starbucks is not only making their stores greener, but also more intelligent. More than 7,500 Starbucks stores are now connected to a new AI and IoT platform jointly developed by Univers and Starbucks. This will enable real-time and remote monitoring of over 8 types of equipment per store including HVAC, lighting, and water filtration, optimizing energy use with AI-driven insights and enhancing partner and customer experience. Greener Supply Chain Leveraging Univers' EnOSTM Ark Carbon Management System, Univers and Starbucks will develop a Supply Chain Carbon Management Platform used to track carbon emissions across core suppliers and products—including but not limited to milk, beverages, food, and packaging. Milk, the single largest carbon emitter in Starbucks value chain, is a major contributor to Scope 3 emissions. As a response, the companies developed a Sustainable Dairy Digital Management Tool to enable comprehensive carbon baseline tracking, decarbonization planning, and implementation of pilot farm solutions. Future-Proofing Starbucks With Univers' global innovative R&D capabilities in AI and IoT, Starbucks can now meet its future business expansion needs with the next-generation edge computing intelligent device One-Box, which integrates computing power and hardware management across five local application scenarios from point-of-sale systems to smart store control terminals. By embedding Univers' EnOSTM Ark Carbon Management platform into its broader sustainability strategy, Starbucks is taking a major step toward future proofing its energy transition journey – combining technology, data and cross-sector collaboration to set new standards for decarbonization in the food and beverage retail industry. About Univers Univers is a global leader in AI for Energy. Our EnOSTM platform enables enterprises to solve complex energy challenges through intelligent, data-driven insights. With 365 million connected devices and 845 GW of renewable energy managed, Univers is an AI-native company delivering end-to-end energy management solutions that support organizations across every stage of their energy transition journey For more information, please visit View original content: SOURCE Univers Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
27 minutes ago
- Bloomberg
Trump to Give Putin New Ukraine Truce Deadline
US President Donald Trump said he would shorten his timeline for Russian leader Vladimir Putin to reach a truce with Ukraine or face potential economic penalties. On July 14, Trump announced a 50-day deadline on Russia, threatening to impose stiff economic penalties on Putin if he did not end hostilities with Ukraine. The Kremlin hasn't commented publicly so far on Trump's new deadline. Bloomberg's Adam Blenford reports. (Source: Bloomberg)
