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Stocks opened cautiously as Wall Street awaits key inflation data; major indices showed mixed movement with Nasdaq and S&P near record highs. Gold surged to new records amid geopolitical tensions and Fed rate cut expectations. Tech earnings and US-China relations remain key market focal points.
Trump’s $100,000 H-1B visa fee hike shakes global tech sector and sparks widespread corporate and international backlash. The fee threatens India’s $280 billion IT services industry and impacts major US tech companies.
43% – Gold’s year-to-date gain as it hits record heights in 2025.
TikTok’s US ownership deal nears completion with key US billionaires and tech moguls joining as investors. Trump confirms involvement of Murdochs, Dell, and Oracle’s Ellison in the consortium aiming to take over ByteDance’s US operations.
Charlie Kirk’s memorial draws massive crowds with speeches from President Trump, VP Vance, and other Republican leaders emphasizing Kirk’s impact on American conservatism. Emotions and political significance dominate the event.
Supermicro Unveils New AI Servers, Strengthens Nvidia Partnership
Supermicro expanded its AI hardware offerings at Madrid’s INNOVATE! event, enhancing capacity and collaboration with Nvidia amid booming AI demand.
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Gold prices soar to new all-time highs fueled by geopolitical tensions and expectations of further Federal Reserve rate cuts. Investors increasingly seek safe-haven assets amid market uncertainty and crypto volatility.
European airports suffer prolonged disruptions following ransomware cyberattacks, causing flight cancellations and operational chaos. Authorities and cybersecurity agencies investigate the widespread impact.
Ransomware Slams European Airports, Causing Widespread Flight Chaos
Major European airports continue to face cancellations and delays after ransomware attack disrupted critical check-in systems, impacting thousands of travelers.
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Chinese and US central banks diverge post-Fed cut; China holds lending rates steady amid easing trade tensions but focuses on domestic data while Fed policymakers signal gradual policy shifts.
Trump administration escalates crackdown on leftist groups by planning terror designations, amid political polarization and national security concerns.
Trump administration imposes a $100,000 fee on new H-1B visa applications, aiming to prioritize high-value skilled workers but sparking legal challenges and industry alarm.
Crypto market tumbles sharply with over $1.5 billion in liquidations amid volatile sell-off. Major coins like Bitcoin and Ethereum dip below key levels triggering bearish investor sentiment.
US Congress faces looming government shutdown as funding deadline nears, with Democrats and Republicans locked in blame and negotiation impasse, risking federal operational disruptions.
“Trump’s tariff shock is rewriting global tech rules overnight.”
— Tech Industry Analyst
Tesla navigates multifront challenges despite positive analyst points from Wall Street as competition and regulatory scrutiny intensify in the EV sector.
US lawmakers on rare Beijing visit promote military dialogue to ease rising tensions with China, marking a cautious thaw amid ongoing geopolitical friction.
European Union issues bond auction with €2.1 billion raised at a 2.3% yield as market adapts to global rate environments.
Warren Buffett’s Berkshire Hathaway fully exits stake in Chinese EV maker BYD after 17 years, signaling a major portfolio shift amid intensifying EV market competition.
Netflix’s former CEO Reed Hastings endorses Trump’s controversial $100,000 H-1B visa fee as a measure to reserve visas for ‘very high value jobs’ amid industry debate.
European regulators push to simplify cookie laws to reduce burden on businesses and combat digital fatigue among users, aiming to modernize longstanding tech regulations.
Supermicro unveils new AI-optimized servers at Madrid event, deepening partnership with Nvidia and expanding AI hardware capacity.
Asia-Pacific markets open mixed post Wall Street rally, as investors await China’s key lending rate decision and digest Fed rate cut impacts.
Electric vehicle rivals BYD and Tesla battle for market share in India as both ramp up showroom expansions but face operational hurdles.
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