• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Market news: Explosions were heard in Kyiv, the capital of Ukraine.On July 28th, Apple (AAPL.O) surpassed Nvidia (NVDA.O) to regain the title of the worlds most valuable company by closing price, for the first time since April 2025. Nvidias stock price fell nearly 5% on Monday, reducing its market capitalization to $4.77 trillion, as investors expressed concerns about the enormous costs of building AI infrastructure, leading to a general decline in the AI chip sector. Meanwhile, Apples stock price rose 1%, reaching a market capitalization of $4.95 trillion, ahead of its highly anticipated earnings report after the market closes on Thursday. Nvidia had held the title of the worlds most valuable company since dethroning Microsoft in June 2025, and briefly touched a $5 trillion market capitalization last October. So far in 2026, Nvidias stock price has only risen 4%, while Apples has risen 24%. Apples outperformance is attributed to its cautious approach to AI capital expenditures, favoring leased computing power over self-built infrastructure—a strategy that has resonated with investors.According to the New York Post: Israeli Prime Minister Netanyahu will provide US President Trump with intelligence on Irans "Gazelle" nuclear facility.A U.S. Senate aide said the Senate is expected to begin voting on the Russia sanctions bill as early as Tuesday (during Ukrainian President Zelenskys visit to the U.S.).According to two Senate aides, Ukrainian President Volodymyr Zelensky will meet with the full U.S. Senate on Tuesday evening local time.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."