Topic: political risk
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How Betting Against Trump's Tariffs Made Millions
A Supreme Court ruling found former President Trump's tariffs illegal, causing the value of purchased refund claims to surge and offering investors potential windfalls. The court did not mandate refunds, leaving a major legal question unresolved and setting the stage for potentially lengthy lower...
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California's Wealth Tax Sparks Silicon Valley Billionaire Panic
A proposed one-time 5% wealth tax on California billionaires is prompting some, like Google cofounder Larry Page, to consider relocating to states like Florida or Texas. Critics, including Mayor Matt Mahan, warn the tax could drive away innovators and harm the state's economy, while proponents li...
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Nvidia Demands Upfront Payment for H200 AI Chips in China
Nvidia now requires Chinese customers to pay the full cost upfront for its H200 AI chips, with no refunds or cancellations, marking a stricter sales policy. The policy is a response to geopolitical risks, as final U.S. and Chinese regulatory approvals are pending, with China expected to impose st...
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