Trump wants to amend AI Chip export controls? The U.S. Department of Commerce: Simplifying the 'Biden rules' is beneficial for innovation!
① A spokesperson for the USA Department of Commerce stated that President Trump plans to lift the restrictions on the export of advanced AI Chips instituted during the Biden administration, claiming that Biden's rules are overly complex and will hinder innovation in the USA; ② In January of this year, Biden released the "AI Diffusion Export Control Framework," establishing a "three-tier licensing system" for AI Chips, which limits the amount of advanced AI Chips accessible to various countries and regions.
Express News | Shares of US-listed Chinese Stocks Are Trading Lower After Two Senior US Lawmakers Called on the SEC to Delist 25 Chinese Companies From US Stock Exchanges,
Express News | U.S. Treasury's Bessent Declines To Say Which Countries The U.S. Could Reach Trade Deals With This Week, Saying It Would Be Detrimental U.S. Interests; Some Trade Negotiations Are 'Quite Advanced' Towards Agreements In Principle; China Negotiations...
Express News | Treasury Secretary Bessent Says Treasury Markets Were Very Well Functioning During Recent Volatility; Time For China To Graduate From Developing Country Status
Asia Markets Gain, Europe Slides And Gold Retreats - Global Markets Today While US Slept
The largest stock buyback frenzy in history has arrived! In the midst of uncertainty, companies choose to "buy the dip" on themselves.
According to Deutsche Bank, S&P 500 Index constituent companies are expected to buy back $192 billion worth of Stocks in the coming months, the highest single-week record since 1995. Under the shadow of uncertainties such as trade tariffs, companies prefer to deploy large Cash reserves through buybacks.
