How it unfolded 3 developments, newest first · click a bar or a number to jump articlesposts

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1. backgroundYesterday

   AI leaders to attend Trump-Xi summit dinner on AI cooperation — Multiple AI and tech leaders—including Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, former Apple CEO Tim Cook, Microsoft CEO Satya Nadella, and Qualcomm CEO Cristiano Amon—will attend a dinner with Chinese President Xi Jinping during the summit. The talks are expected to focus on extending the US-China tariff truce and cooperation on artificial intelligence.

2. 3 Sep 21 4:02 AM

   Tech stocks surge as oil prices retreat and Trump-Xi summit looms

   The Nasdaq Composite climbed 2.3% to a new all-time high on Monday as oil prices fell below $100 per barrel and optimism built ahead of Thursday's summit between Trump and Xi Jinping. Meta, AMD, and Intel stocks jumped 11%, 10%, and 12% respectively, while Bitcoin surged above $86,000.

   “Stocks have powered through a wall of worry during this historically weak month, remaining resilient despite rising bond yields, geopolitical risk in the Middle East, growing bets on Fed rate hikes, and AI jitters.”

   1. 2 outlets Stock market today: Dow, S&P 500, Nasdaq futures rise as oil falls, anticipation builds for Trump-Xi summit

      first by Yahoo Finance, 5d ago · also MarketWatch

      3 more headlines

      • Stock Market Today: Dow falls 250 points, S&P 500 and Nasdaq edge higher after best day in nearly 2 months; oil prices fall for fourth day MarketWatch · 4d ago
      • Stock market today: Dow, S&P 500, Nasdaq futures muted as oil falls, markets eye looming Trump-Xi meeting Yahoo Finance · 3d ago
      • Stock Market Today: Dow, S&P 500 and Nasdaq set to fall as investors anticipate further Fed rate hikes; Treasury yields at fresh highs; Trump to meet Xi MarketWatch · 2d ago
   • T

     Stock market today: Nasdaq surges 2% to record high, Dow and S&P 500 gain as chip stocks rally, oil falls https:// finance.yahoo.com/markets/live /stock-market-today-monday-september-21-dow-sp-500-nasdaq-080214605.html?utm_source=flipboard&utm_medium=activitypub Posted into Top Stories in Business @ top-stories-in-business-thenewsdesk

     thenewsdesk@flipboard.comMastodon4d ago2▲view on Mastodon ↗
3. backgroundSep 18

   Semiconductor stocks rebound after earlier sell-off — Chip stocks recovered following a prior decline, with the PHLX Semiconductor index ending the week slightly up despite calls from Anthropic and OpenAI for an AI development slowdown.

4. 2 days quiet
5. 1 Sep 18 4:05 AM

   Apple launches iPhone 18 Pro with $100 price increase amid chip shortage

   Apple released the iPhone 18 Pro and Pro Max under new CEO John Ternus, marking the first iPhone launch during an AI-driven global memory and storage shortage. The base iPhone 18 Pro costs $1,199, a $100 increase from the iPhone 17 Pro, with delivery times stretching to three weeks.

   “It's not clear to me we've slayed inflation…”

6. 2 Sep 18 4:05 AM

   Federal Reserve raises rates; markets absorb hike as inflation concerns linger

   The Federal Reserve raised interest rates by 25 basis points in what analysts describe as the first rate hike in three years. Markets largely looked past the expected move, though Jamie Dimon expressed doubt that a single hike would be sufficient to control inflation.