News
US stock index futures turned positive in premarket trading on Tuesday. Nvidia’s announcement that it would resume selling a key AI chip in China boosted sentiment for tech stocks amid easing Washington-Beijing trade tensions.
US President Trump said, “I’m not happy with Russia at all. If they don’t reach an agreement (with Ukraine) in 50 days, we will raise tariffs by 100 percent.”
The US House of Representatives will consider three bills this week, which it has declared “crypto week,” as part of efforts to make the country the “crypto capital of the planet.”
European Union (EU) Trade Commissioner Maros Sefcovic said they are prepared to retaliate if trade agreement talks with the US fail.
NVIDIA Corporation (NASDAQ:NVDA) announced on Monday that it will “soon” resume sales of its H20 processor in China, following improved trade relations between Washington and Beijing and CEO Jensen Huang’s meeting with officials from both sides.
The German Central Bank (Bundesbank) reported that German exporters are losing significant share in global markets due to their weakened international competitive position.
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