News
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PRECIOUS-Gold eases as Russia-Ukraine ceasefire optimism curbs safe-haven demand
Trump says Russia-Ukraine to start immediate talks on ceasefireFed officials take cautious view on U.S. markets amid downgradeSeveral Fed officials scheduled to speak later in the dayBy Anushree Mukherjee.
Reuters
Tue, May 20
Microsoft to offer rival AI models from own data center; launches AI coding agent
SEATTLE, May 19 (Reuters) - Microsoft MSFT.O said on Monday it would offer new AI models made by Elon Musk's xAI, Meta Platforms META.O and European startups Mistral and Black Forest Labs hosted in its own data centers, and unveiled a new artificial-intelligence tool designed to complete software co
Reuters
Tue, May 20
Fed officials take cautious view on US markets amid downgrade
NEW YORK, May 19 (Reuters) - U.S. Federal Reserve officials speaking on Monday took on cautiously the ramifications of the latest downgrade of the U.S. government’s credit rating and unsettled market conditions as they continued to navigate a very uncertain economic environment.Reuters
Tue, May 20
NVIDIA’s Huang blasts U.S. export rules, points to $15 billion in missed sales
Investing.com -- NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang sharply criticized U.S. export restrictions on AI chips, warning that the rules are diminishing America’s technology leadership while
Investing.com
Tue, May 20
Fiscal concerns drag treasuries yields higher after Moody's downgrade
NEW YORK, May 19 (Reuters) - Longer-dated Treasury yields rose on Monday on concerns that a U.S. tax bill will increase the debt load by more than previously expected after Moody’s Investors Service on Friday also cut the United States' sovereign credit rating from the top “Aaa.”Reuters
Tue, May 20
Wall Street stocks finish flat with sentiment weakened by Moody's downgrade
NEW YORK, May 19 (Reuters) - U.S. stocks finished near the unchanged mark on Monday with market sentiment weakened by the downgrade of the federal government's perfect sovereign credit rating owing to its huge debt profile.Reuters
Tue, May 20
Trade deals not expected at G7 meeting, joint statement must serve US priorities, source says
CALGARY, May 19 (Reuters) - The U.S. Treasury does not anticipate any trade deal announcements as part of a Group of Seven finance leaders meeting this week in Canada, and will not agree to a joint communique unless it serves U.S. interests, a source briefed on U.S. participation ...Reuters
Tue, May 20
Oil settles up as signs of US-Iran impasse counter economic concerns
Iran says nuclear talks could break down if US insists on no enrichmentUS credit rating cut by Moody'sChina's retail sales disappointPutin says efforts to end Ukraine war on right track after talk with TrumpBy Shariq Khan NEW YORK, May 19 (Reuters) - Oil prices settled marginally high...Reuters
Mon, May 19
Nvidia plans to sell tech to speed AI chip communication
Nvidia launches NVLink Fusion to speed connecting AI chipsDesktop AI PCs for researchers will be ready in weeks, CEO saysMediaTek and Marvell plan to adopted NVLink FusionBy Max A. Cherney and Wen-Yee Lee TAIPEI, May 19 (Reuters) - Nvidia NVDA.O plans to sell a technology that will tie chips toge...Reuters
Mon, May 19
Moody’s Strips U.S. of AAA Rating — VIX Fear Index Surges 15%! Is a Fiscal Storm Coming?
TradingKey - Following Moody’s downgrade of the U.S. sovereign credit rating last Friday, global investor concerns over the sustainability of U.S. fiscal policy have triggered a sharp rise in market anxiety. On Monday, May 19, the VIX Volatility Index surged by over 15%.TradingKey
Mon, May 19
U.S. Stands Alone, While the UK and Europe “Hold Hands” — UK-EU Restart Post-Brexit Agenda with First Agreement in Five Years
TradingKey - The Trump administration’s aggressive use of tariffs and confrontational foreign policy has indirectly encouraged greater unity among other nations. On May 19, nearly nine years after voting to leave the EU, the United Kingdom and the European Union reached a landmark agreement to...
On the Eve of COMPUTEX, NVIDIA Unveils NVLink Fusion to Unlock the Global AI Computing 'Acceleration Code’
TradingKey - On the eve of the Taipei International Computer Show (COMPUTEX 2025), American chip giant NVIDIA (NVDA) announced on Monday that it will open its proprietary chip interconnect technology, NVLink Fusion, to other chip design companies.TradingKey
Mon, May 19
Wall Street’s Playbook: Emerging Market Equities to Lead the Next Bull Market, Instead of the U.S.
TradingKey - Rather than dwelling on the policy instability and unpredictability of the Trump 2.0 administration, Wall Street is coalescing around a growing consensus: the era of U.S. exceptionalism is over, and emerging market equities are poised for a golden age.TradingKey
Mon, May 19
Pre-WWDC Bombshell: 7 Years of Apple's AI Strategy Falter, from Poaching Google's Talent to Siri's Decline
TradingKey - Apple is unlikely to introduce a new version of Siri or any updates at next month's Worldwide Developers Conference (WWDC), as revealed in a recent report by Bloomberg's Mark Gurman. Despite the prior announcement of new features at last year's conference, these have been postponed inde
TradingKey
Mon, May 19
【Weekly Outlook】: G7 Finance Ministers Meeting, China’s April Economic Data Released, Taipei International Computer Show Opens, Microsoft and Google H
TradingKey - Last week, U.S. stock indices posted a collective rebound, with the Dow rising 3.41%, the S&P gaining 5.27%, and the Nasdaq climbing 7.15%, boosted by unexpected results from U.S.-China tariff negotiations that lifted risk sentiment.
TradingKey
Mon, May 19
