FOMC Keeps Fed Funds Rate Steady, Citing Rising Risks of Unemployment, Inflation
Trump Plans to Rescind Biden-Era AI Chip Curbs
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.
Arm Holdings Shares Slump 8% in After-Hours as Outlook Misses Estimates
Trump Rules Out Scaling Back Tariffs to Jump Start China Trade Talks
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.
