Nvidia’s $46B AI Test, Trump Doubles India Tariffs, and Apple Sets iPhone 17 Launch
In today’s episode, Nvidia’s Q2 earnings after the bell could shake the entire AI sector, with analysts expecting $46B in revenue and options pricing signaling the biggest stock move in a year. The U.S. doubled tariffs on India to 50% over its Russian oil purchases, testing Washington’s Indo-Pacific alliance strategy. Cracker Barrel reversed course and restored its classic logo after customer backlash and Trump’s pressure, sending shares up 6%. Kohl’s stock jumped 20% as profits topped expectations despite a leadership scandal and falling sales. Canada Goose rose 14% on reports Bain Capital may take the luxury brand private at a $1.35B valuation. Apple set Sept. 9 for its iPhone 17 launch event with analysts eyeing new models ahead of holiday season demand. Starbucks relaunched its iconic Pumpkin Spice Latte earlier than ever as rivals fight for seasonal dominance. And finally, a Stanford study found entry-level jobs in AI-susceptible fields like software development and customer support have fallen 16% since 2022, suggesting AI disruption may be hitting young workers first.
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