Did TikTok just sell out or save its future? ByteDance's new deal with Oracle and US investors gives them control of TikTok's US operations to prevent a ban. Over 80% of US assets are sold, potentially changing the core algorithm. Is your favorite feed safe? Watch now for the latest updates! Date 2025-12-19T033034.451+0100 Tools used for generation Text Gemini Narator Azure TTS Clips Pexel Rendering Remotion

WASHINGTON (Reuters) -The deal that struggling chipmaker Intel struck with President Donald Trump to give the U.S. government a 10% stake in the company is still under discussion, the White House said on Thursday. White House press secretary Karoline Leavitt told reporters the deal was a "creative solution" proposed by Trump that the Department of Commerce was putting into action. "The Intel deal is still being ironed out by the Department of Commerce," Leavitt told a regular news briefing. "The t’s are still being crossed, the i’s are still being dotted," she said. "It’s very much still under discussion." Asked to elaborate, a White House official said some aspects of the Intel deal, namely a $3 billion Secure Enclave award from the Department of Defense, were not yet fully implemented. It was not immediately clear if Leavitt’s remarks suggested the Intel deal could still be revised in some way. The Trump administration has also delayed announcing long-promised tariffs on imported semiconductor chips, with an administration official saying the news was not expected this week. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. ProPicks AI evaluates INTC alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if INTC is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?

LONDON (Reuters) -European companies were left wondering on Monday whether to cheer a hard-won U.S. trade deal or lament a still sharp jump in tariffs versus those in place before President Donald Trump’s second term. A day earlier, European leaders heralded a framework trade deal with the United States that would impose a 15% import tariff on most EU goods, averting a spiralling battle between two allies which account for almost a third of global trade. Although the deal is better than the 30% rate threatened by Trump and will bring clarity for European makers of cars, planes and chemicals, the 15% baseline tariff is well above initial hopes of a zero-for-zero agreement. It is also higher than the U.S. import tariff rate last year of around 2.5%. "Those who expect a hurricane are grateful for a storm," said Wolfgang Große Entrup, head of the German Chemical Industry Association VCI, calling for more talks to reduce tariffs that he said were "too high" for Europe’s chemical industry. "Further escalation has been avoided. Nevertheless, the price is high for both sides. European exports are losing competitiveness. U.S. customers are paying the tariffs." The deal, which also includes $600 billion of EU investments in the United States and $750 billion of EU purchases of U.S. energy over Trump’s second term, includes some exemptions, even if details are still to be ironed out. Carmakers Volkswagen (ETR:VOWG_p) and Stellantis (NYSE:STLA), among others, will face the 15% tariff, down from 25% under the global levy imposed by Trump in April. Stellantis shares rose 3.5% and car parts maker Valeo (EPA:VLOF) was up 4.7% in early trade. German pharma group Merck (NSE:PROR) KGaA gained 2.9%. Aircraft and aircraft parts will be exempt - good news for French planemaker Airbus - as will certain chemicals, some generic drugs, semiconductor equipment, some farm products, natural resources and critical raw materials. Shares in the world’s biggest chip maker ASML (AS:ASML) rose more than 4%, among the biggest gainers on the pan-European STOXX 600 index. STILL TO BE NEGOTIATED Dutch brewer Heineken (AS:HEIN) cheered the deal, with CEO Dolf van den Brink welcoming the certainty it brought. The world’s No.2 brewer sends beer, especially its namesake lager, to the U.S. from Europe and Mexico, and has also suffered from the indirect effect on consumer confidence in important markets like Brazil. The rate on spirits that could impact firms such as Diageo (LON:DGE), Pernod Ricard (EPA:PERP) and LVMH, is still being negotiated though. "It seems that in coming days there could be negotiations for certain agricultural products, zero for zero, which is what the European and U.S. sectors have been calling for," said Jose Luis Benitez, director of the Spanish Wine Federation. Benitez added that a 15% rate could put Europe at a disadvantage versus other wine exporting regions subject to 10% tariffs. "If there are any exceptions, we hope that the (European) Commission understands that wine should be one of them." Lamberto Frescobaldi, the president of Italian wine body UIV, said on Sunday that 15% tariffs on wine would result in a loss of 317 million euros ($372.63 million) over the next 12 months, though the group was waiting to see the final deal text. Others said that the agreement- which followed on the heels of a similar one with Japan - helped bring greater clarity for company leaders, but still threatened to make European firms less competitive. "While this agreement puts an end to uncertainty, it poses a significant threat to the competitiveness of the French cosmetics industry," said Emmanuel Guichard, secretary general of French cosmetics association FEBEA, which counts L’Oreal, LVMH and Clarins among its members. ($1 = 0.8507 euros) With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is HEIN one of them?

Stock futures rise as U.S.-EU trade deal kicks off a hectic week for markets: Live updates  CNBC

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