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The Trump administration is considering a sweeping new set of export restrictions targeting China’s access to U.S. software, in retaliation for Beijing’s tightening of rare earth shipments. The plan, discussed by senior officials and confirmed by multiple sources, could block exports of products ranging from laptops to jet engines that rely on U.S.-made or U.S.-designed […]
Netflix shares fell more than 10% on Wednesday after the company’s fourth-quarter forecast failed to impress investors, despite a slate of blockbuster titles including the final season of Stranger Things. The decline reflects growing concern that the streaming giant’s valuation — now trading at nearly 40 times forward earnings — has become unsustainably high. The […]
Tesla posted record third-quarter revenue of $28.1 billion, surpassing analyst estimates of $26.37 billion, but profits fell short due to rising costs, tariffs, and shrinking regulatory credit income. Shares dropped 4% in extended trading as investors reacted to the weaker earnings and fading government incentives that have long supported electric vehicle demand. Profit per share […]