MarketCatalystChina'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.
Meta's Muse put banks on notice, but the same shift toward autonomous AI agents ripples across edge infrastructure, fraud detection, telecom, and travel intermediaries too. Here's a sector-by-sector map of the potential winners and losers.
Meta's viral new AI agent, Muse, has Wall Street worried it could finally break the customer inertia that lets banks profit from idle cash — sending bank stocks briefly lower and putting a new metric on analysts' watchlists: deposit costs.
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."