CNBC Daily Open: AI is drawing investors' attention away from fresh tariffs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 10 2025
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Source: CNBC
Tariff Developments: President Trump announced a 50% tariff on copper imports starting August 1 and threatened similar tariffs on Brazil, while also updating tariffs on goods from several other countries.
Market Reactions: Despite the tariff news, U.S. stocks rose as investor interest in artificial intelligence surged, with Nvidia reaching a $4 trillion market cap and major tech companies seeing gains.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
