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Trump has repeatedly said the United States is taking in $2 billion per day from tariffs.
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The six biggest U.S. banks put up $16.3 billion in stock trading revenue, 33% more year over year and higher than the 2020 pandemic or the 2008 financial crisis.
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Nvidia stock slides premarket after warning of $5.5 billion hit from Trump's China chip restrictions Business InsiderStocks Tumble as Tech Investors Pull Back The New York TimesStock Market Today: Nasdaq Futures Fall After Nvidia Warns of $5.5 Billion Charge on New China Export Curbs WSJTrump administration backs off Nvidia's 'H20' chip crackdown after Mar-a-Lago dinner NPRDow Jones Futures Fall As Nvidia Plunges On AI Chip Warning Investor's Busines
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Bill Ackman's Pershing Square Capital buys $46 million in Hertz's stock, which is rallying 17%.
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Nvidia has done it before during market crises and has a history of booms and busts.
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Tech shares fall after Nvidia says new US controls on exports of AI chip will cost it $5.5 billion AP NewsStock market today: Dow, S&P 500, Nasdaq slide as Nvidia's dive weighs on tech Yahoo FinanceNvidia Stock Falls After Trump Essentially Blocks China AI Chip Sales Investor's Business DailyChip Shares Tumble After Nvidia Discloses Export Restrictions WSJ
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