Skip to content
Search

Latest Stories

Puppet Regime is up for a Webby Award!   VOTE HERE
What We're Watching

Nvidia rally lifts markets – and struggling political leaders

People visit the stand of NVIDIA during the 11th China Digital Entertainment Expo and Conference, known as ChinaJoy 2013, in Shanghai, China, 25 July 2013.

People visit the stand of NVIDIA during the 11th China Digital Entertainment Expo and Conference, known as ChinaJoy 2013, in Shanghai, China, 25 July 2013.

AI chipmaker Nvidia dropped jaws on Wednesday with earnings estimates that surged past even the most optimist expectations, sending a charge through global markets on Thursday. The firm’s stock price has surged almost 700% in the past 18 months to pass Amazon as the third-largest stock listed on the NASDAQ after Microsoft and Apple.

Where is GZERO’s signature political angle on this story? The first stock market to surge on this news was the Japanese Nikkei index, which climbed 2.2% higher to break its all-time highs set in late 1989 (!).

OK, “Japan is back” enthusiasm is limited by news this week that its economy fell into fourth place behind Germany with a disappointing Q4 from last year. There’s also the reality that topping this previous high reminds Japan and the world just how tough the past third of a century has been for its economy.

Still, good news is good news, and Fumio Kishida’s deeply unpopular government can use all the good news it can get.

This is also a welcome development for the US economy at a time when President Joe Biden badly needs it. On Thursday, US stocks posted their best day of the year so far, with the NASDAQ closing up nearly 3%.

More For You

Russian President Vladimir Putin at the Kremlin in Moscow, Russia, on April 14, 2026.​

Russian President Vladimir Putin attends a meeting with Rosseti CEO and Board Chairman Andrei Ryumin at the Kremlin in Moscow, Russia, on April 14, 2026.

Sputnik/Alexander Kazakov/Pool via REUTERS
Putin ups the ante – but should he?Russia continues to bombard Ukraine, killing 17 people in a wave of drone and missile attacks overnight. But the Parliament also signed a law on Tuesday that would allow the military to attack any country that holds Russians captive. Europe fears that Russian President Vladimir Putin will use this as a pretext to [...]
Houthi solders gather in front of a digital billboard in Sanaa, Yemen, on July 11, 2025.

Houthi solders gather in front of a digital billboard featuring a Houthi Unmanned surface vehicle in the Red Sea during a protest against the United States and Israel, amidst the ongoing military campaign in the Gaza Strip, in Sanaa, Yemen, on July 11, 2025.

IMAGO/ Sanaa Yemen
There’s another waterway to worry aboutWhile the world’s attention for the last month and a half has been on the Strait of Hormuz, it may soon switch to another vital shipping lane in the Middle East: the Red Sea. Why? On Wednesday, Tehran threatened to halt shipping there if the United States continued its blockade of ships that stopped at [...]
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, in the United Arab Emirates, on March 11, 2026.​

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in the United Arab Emirates, on March 11, 2026.

REUTERS/Stringer
US blockade faces early testOne day after US President Donald Trump announced that he had started a blockade of ships coming in and out of Iranian ports via the Strait of Hormuz, Tehran is already testing those US commitments. A sanctioned tanker called Elpis that took on cargo in an Iranian port has reportedly crossed the Strait of Hormuz. It’s [...]
Tisza leader ​Peter Magyar delivers a speech in Budapest, Hungary, on April 12, 2026, after Hungarians vote in a general election.

Tisza leader Peter Magyar delivers a speech in Budapest, Hungary, on April 12, 2026, after Hungarians vote in a general election. The Tisza Party reportedly secures a two-thirds majority in parliament, marking a significant defeat for Fidesz, according to preliminary results.

Balint Szentgallay/NurPhoto
The Orbán era is over in HungaryIn the end, it wasn’t even close: Péter Magyar’s Tisza party stormed to victory in yesterday’s Hungarian election, ousting Prime Minister Viktor Orbán after 16 years in power. The result sparked scenes of jubilation on the streets of Budapest. Tisza is set to win 138 of Hungary’s 199 parliamentary seats, enough to [...]