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Stocks Erase Gains as Hope Dims for Ukraine Talks; Nvidia, AMD to Pay US | The Pulse 8/11/2025
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August 11, 2025
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48:20Now PlayingNvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses.
The arrangement reflects US President Donald Trump’s effort to engineer a financial payout for America in return for concessions on trade, according to the text.
Elsewhere, Stocks erased gains as traders dialed back optimism that a summit between US President Donald Trump and Russia’s Vladimir Putin would bring the war in Ukraine closer to a resolution.
S&P 500 futures were little changed after the index ended Friday just shy of a record high. Europe’s main equity benchmark was also flat, having earlier risen as much as 0.4%. Brent crude trimmed losses to trade down 0.4% around $66.30 a barrel.
Today's guests: Subitha Subramaniam, Sarasin & Partners Investment Strategy Head, Yacov Arnopolin, PIMCO Emerging Markets Portfolio Manager
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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