Futures Point Up as Trump Meets Xi

Here we go.. as of now, equity futures point to a positive market open and we’re getting headlines about Pres. Trump’s visit with China’s Pres. Xi.

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

US Says China Wants More Of Its Oil to Cut Middle East Reliance

Trump, Xi Discussed Raising Purchases of American Crops, US Says

China Renews Import Permits for US Beef Plants as Xi, Trump Meet

But also…

Xi tells Trump that mishandling of Taiwan could spark conflict

White House has few tools for gas-price relief as Iran war drags on

And..

Cerebras set for debut in stock market gripped by AI mania

Cisco jumps on strong revenue forecast, AI push with job cuts

As you can see, we’re going to have a lot to talk about today, and we’ve got more than 2 hours until the market open. 

Get some coffee, and let’s get ‘er done. 

Position: None

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Posted by Chris Versace

With 30 years of cross-industry experience, Chris Versace brings his thematic investing lens to TheStreet Pro Portfolio (formerly Action Alerts PLUS) each day as lead portfolio manager. His daily insights, analysis, and recommendations provide the foundation for TheStreet's Pro Portfolio. Versace began his career in equity research before founding Versace Management in 2005. He joined TheStreet team in 2011 as a Real Money contributor before becoming portfolio manager of Action Alerts PLUS in 2021. He holds an MBA from Fordham Gabelli School of Business and has co-authored a book called “Cocktail Investing - Distilling Everyday Noise into Clear Investing Signals for Better Returns.” With a passion for teaching others about investing, Versace spent 9 years as an Assistant Professor of Finance at NJCU School of Business. When he’s not contributing to TheStreet’s premium services, he can be found speaking at industry conferences or at a Bruce Springsteen concert (he’s seen him 50 times and counting!).

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