You. The u. K. Has issued new guidelines to Companies Selling weapons to saudi arabia after a British Court ruled last week the government broke the law by allowing arms sales to saudi arabia sites in riyadhs involvement in the conflict in yemen the government is seeking to appeal against the decision for the moment new export licenses arent being issued to Companies Selling weapons to saudi arabia bahrain egypt the u. A. E. And kuwait ensues led to a heated debate in the u. K. Parliament where the ongoing british Prime Minister to resign may face condemnation for selling arms used by the Coalition Fighting in yemen. We continue to operate one of the most robust arms export control regimes in the world. And we take our responsibilities on arms export licensing very seriously indeed in the words of the 27 team judgment the government engaged in anxious scrutiny indeed at what seems like anguished scrutiny at some stages were disappointed that the court found against the government on on
After days of being stuck in ankledeep mud, people at burning man could soon be headed home. Tens of thousands left stranded in the Nevada Desert after an inch of rain made it impossible to be able to get out. President Biden Spending labor day in the Battleground State Of Pennsylvania taking shots at donald trump and the comparisons to give us a preview of what is to come in the president ial run for 2024. And now, who putin is blaming for the collapse of a grain deal as he meets with president erdogan. Kate and sara are off. Im Rahel Solomon with john berman. This is cnn news central. Right now, the road in and out of the annual Burning Man Festival is not ready for mass exodus of people, because it is still a muddy mess. Literally Tens Of Thousands of people, cars, campers are stuck and really needing to get out soon. They have been trapped for days after 0. 8 inches of rain fell in a matter of hours. Now, it might not seem like lot, but for that area, that is typically what falls i
10year yield at 4. 47. A lot of questions where the movement will be next and if we have seen the height of rates or not. Thats been a big question part of it weighing on the broader markets yesterday. Meanwhile, boeings slide after the cfo spoke yesterday and said the company would burn through cash this year the delivery of planes will not increase from the First Quarter to the Second Quarter as they deal with tproduction challenge. The price of ethereum pulling back after the runup this week. The si. E. C. Approved the rule change to pave the way for etfs that buy and hold ether. Specifically, the s. E. C. Order approves applications from various exchange to list eight ether funds. The order does not approve the funds or set a date for the etfs to start trading issuers are awaiting approval from the s. E. C. For the funds and it is unclear how long the process will take. This has been the week this was a buy the rumor and maybe not sell the news. Thats most of it ethereum is down 2
Explode. Speaking of ai thats been powering tech, but dont go with the high flyers. We have some under the radar names, and one sector and a name thats a bail. Thats coming up lets start with the markets with some recovery, we hope. Dom chu has the numbers. Its a recovery, modest for what happened yesterday, but we are seeing green, fractionally so to kellys point, the dow at 39,133, up about 68 points about 0. 2 of a gain there the s p 500 is now just above 5300, back to that level, 5304, up 36 points, 2 3 of 1 gain there. And it has been generally a positive day, because even at the lows of the session, we were up roughly 11 points and up about 44 points towards the highs of the session, so tilting a little more towards the higher end of that range. The nasdaq composite, the ted cruz heavier index, show up about 180 points, 16,969. Now, well move from stocks to the more macro commodity side of things because what we have seen over the course of this past week is some really decent hi
To file an antitrust lawsuit against ticketmaster parent livenation as early as today lets begin with nvidias blowout quarter. The Company Revenue more than tripled in q1, and its datacenter business grew by more than 400 over a year earlier sending shares above 1,000 for the first time heres jensen huang on the call last night the demand for gpus and all the datacenters is incredible. Were racing every single day, and the reason for that is because applications like chatgpt and gpt 4o and now its going to be multimodality and gemini and its ramp and anthropic, you know, all of the work thats being done at all the csps are consuming every gpu thats out there jim, a lot of the commentary today says any worries about an air pocket probably get assuaged today. Yeah, look, there was a lot of teaching on the call last night. Jensen came in right after colette kress, the amazing ceo usually he comes in later, but he wanted to explain to people about the Industrial Revolution thats begun and