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Lutnick should have prevented the diversion of sensitive Nvidia AI chips to China, critics charge

Commerce Secretary Howard Lutnick is under fire by critics asking whether his ties to Chinese companies and friendship with Nvidia’s ousted CEO Jensen Huang contributed to the federal agency’s lack of oversight over billions in Nvidia AI chip sales, CBS has learned.   Before President Trump nominated Lutnick to lead the Commerce Department, Lutnick was…

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U.S. election results, a sharp setback for Trump, draw reaction from around the world

The Iranian regime was quick to label the resounding losses for President Trump’s Republican Party in the midterm elections as evidence of American voters rejecting the costly war he launched with Israel more than eight months ago.  Spain’s leader called it a sign of a global, right-wing populist “wave” crumbling, and Russia acknowledged that it…

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SpaceX set to release its first earnings report as a public company. Here’s what to look for.

SpaceX is set to issue its first earnings report as a public company on Tuesday, offering a detailed look at how the rocket, satellite and AI provider is faring after its ballyhooed initial public offering in June.  SpaceX shares have sputtered after initially soaring following the transaction, the largest IPO in U.S. history. The company’s…

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