MarketCatalystMongoDB shares plunged about 21% premarket after CEO CJ Desai left for Meta, with former CEO Dev Ittycheria returning as interim chief the morning before the company's Investor Day.
China's tech regulator has reportedly signaled it may approve Alibaba and ByteDance purchases of Nvidia's new RTX Pro 5500 workstation chip — a potential workaround to ongoing export restrictions, though unconfirmed by Reuters or the companies involved.
The U.S. and China agreed to cut tariffs on $30 billion of goods each way at this week's summit, plus new Chinese coal purchases — but rare earths remain unresolved.
The White House says the U.S. and China agreed at the Trump-Xi summit to launch a "Super Intelligence" dialogue and a bilateral channel for AI incidents — though key details on what would trigger it remain unspecified.
Trump said Saturday he rejected an Iranian proposal to reopen the Strait of Hormuz and resume nuclear talks within a week, even as U.S. officials described mediated discussions with Tehran as ongoing and "positive and constructive."