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Wall Street Ends Lower as Trump Targets Canada with Tariffs, Nvidia Hits $4 Trillion

U.S. stocks fell Friday after President Trump said he would impose a 35% on some Canadian imports, spooking the markets. The S&P 500 declined 0.33 %, and the Dow fell 0.63 %. Nvidia hit a $4.02 trillion record valuation, while Meta stocks fell by 1.3%. Investors are no looking closely at second-quarter earnings and the effects of tariffs, with such companies as JPMorgan and Netflix reporting next week
Jul 12, 2025
By Anshul Panda
Aqua1

Who Is Behind Aqua 1? Mystery UAE Crypto Fund Sends $100M to Trump's Digital Wallet

A shadowy UAE-based fund named Aqua 1 Foundation has become the biggest known investor in Donald Trump's crypto venture, World Liberty, by purchasing $100 million worth of tokens. Despite its bold move, little is known about its founder Dave Lee or its true financial backers, raising concerns over transparency and foreign influence.
Jul 12, 2025
By IBT News Desk
Japan internet speed record

Japan Shatters World's Fastest Internet Speed Record with Mind-Blowing 1.02 Petabits Per Second

Japan has broken internet speed records with a data transfer of 1.02 petabits per second, which is fast enough to download Netflix's entire library in just a second. With sophisticated 19-core fiber-optic cables, the reearch team sent data over a distance of 1,800 km at the speed of light without any sort of loss. The development enables faster AI, cloud computing and, in the distant future, 6G networks — although it will likely be years before we see it in consumer applications.
Jul 12, 2025
By Anshul Panda
Donald Turmp

White House Sparks Outrage with 'Superman Trump' Post, Netizens Demand Epstein Client List

A White House post that compared Donald Trump to Superman drew sharp criticism across social media. The image, titled "Symbol of Hope," revived questions about Jeffrey Epstein's client list, with detractors, including some Republicans, branding it a diversion. The post was laughed off by Dean Cain, the 1990s Superman actor and defender of President Trump. The professional behavior of the official account was called into question by many, and demanded transparency.
Jul 12, 2025
By Anshul Panda
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Trump's Tariff Threat Sends World Stock Markets Sliding; Wall Street Hopes for Trade Resolution Before Earnings

U.S. and European stock futures dropped in Asia on Friday as U.S. President Trump threatened new tariffs on Canada and the EU. Futures for the Nasdaq and the S&P 500 fell 0.4%, and the euro was weaker while the dollar rose. Even as trade tensions have risen, the S&P 500 and Nasdaq closed Thursday at record highs as Nvidia became the first company to hit a $4 trillion valuation. Investors are bracing for Q2 earnings next week.
Jul 12, 2025
By Anshul Panda
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A Democratic vs a Totalitarian State

A Democratic vs a Totalitarian State

By IBTimes SG Desk
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