Pedestrians pass on April 30, 2025 in Washington, DC, to the northern entrance to the headquarters of the US Ministry of Finance.
J. David Ake | Getty pictures
US shares appeared on the back of a commercial weapon drive between America and China last week, in which they Mutually agreed to lower the tariffs for 90 days. Technology stocks rose, with Tesla and Nvidia led the pack. Without new developments on the Tariffront, however, it is unclear whether this floating feeling can take.
On the one hand, Moody’s Ratings’s creditworthiness was downgraded to the second highest. This means that investors could require higher returns for US state bonds in the middle of their supposedly lower trustworthiness. The increasing Ministry of Finance could in turn put the shares under pressure. Although Moody is only that last In order to join the Standard & Poor’s and Fitch reviews to reduce the USA from the TOP assessment – what this did in 2011 or 2023, it could send another crack through an already fragile stock market.
Although Nvidia was one of the winners of the rally last week, it is still fighting with the chip export restrictions for China and an increased examination of his business activities. This is a big deal because China’s artificial intelligence sector is “Not behind it“That of the United States and will probably be Reach around 50 billion US dollars Within three years, according to Nvidia CEO Jensen Huang. The loss in this market would be an “enormous loss”, he added.
The headlines that will come from the White House this week will rely on whether the rally of last week can be maintained.
What you need to know today
Moody’s reduces the US bonality
Moody’s The United States has reduced the reviews. Sovereign credit rating down a notch too AA1 from AAAThis is the highest possible, citing the growing financing of the budget deficit and the federal government’s debt. Finance Minister Scott Bessent called down the downgrading A “Delay“Claims that it reflects the conditions during the bidges.
Profit week for US stocks
All big US indices rose on Friday. For the week the S&P 500 rose by 5.3% and the Dow Jones Industrial Average 3.4%increased. The Nasdaq Composite dived 7.2% on the back of Strong demonstrations of technology stocks like for example Tesla And Nvidiawhich has increased by 17% and 16% during the week. The US futures slipped on Sunday Evening. Europe regional Stoxx 600 0.4% Friday added. Shares of Richemont jumped 7%after the Cartier owner was posted Better than expected sales in the fourth quarter than expectedin a sign Wealthy consumers still spend on luxury.
Nvidia refuses to send chip designs to China
Follows a report In the financial time in which Nvidia works at a research and development center in Shanghai in the light of New US export edgesthe chip maker told CNBC that it was “Do not send GPU designs to China To meet the export controls. “A source familiar with the matter announced CNBC that the company is renting new space for current employees, but does not send IP or GPU designs there.
Trump says he will convey peace
US President Donald Trump said on Saturday about the social truth that he is planning to speak separately with Russian President Vladimir Putin on Monday and the Ukrainian President Volodymyr Zelenskyy achieve a ceasefire between the two countries. America also works with Great Britain to establish one India-Pakistan armistice In addition to “trustworthy measures” and the dialogue, the British Foreign Minister David Lammy, the British Foreign Minister said on Saturday.
Bidges diagnosed with prostate cancer
Former US President Joe Biden was diagnosed on Friday “aggressive” form of prostate cancerHis office said on Friday. “Cancer seems to be sensitive to hormone, which enables effective management,” added his office.
(Per) The focus this week focuses on
The stocks gathered last week when the investors cheered the White House of China to reduce the tariffs. Keep an eye out this week for the income of Home DepotPresent Goal And TJX For an indication of How the American consumer keeps himself – and how these large retailers will handle tariffs.
And finally …
Downtown Beijing on May 2, 2025.
Greg Baker | AFP | Getty pictures
Large Chinese companies like Alibaba show that AI drive displays are shopping
Alibaba, Tencent and JD.com reported on income this week that not only the improvement of Chinese consumer expenses, but also the growing advantages of artificial intelligence in advertising reflected.
AI helps Tencent to raise its click rates of almost 3%of the success of the success of the success for online ads, according to company management on Wednesday on a profit call, as a fact set transcript shows. This is strong of a click rate of 0.1% for banner advertising for banner ads and around 1% for feed advertisements, according to the company.
Jd.com said that marketing revenues have risen by 15.7% to 22.32 billion Yuan for the quarter, which also increases partly on AI tools.
Finally, Alibaba found that marketing revenue, which “customer management” refers to, grew by 12% to almost 10 billion US dollars compared to the previous year, which has increased the increased use of the company’s AI tool, Quanzhannui, for increasing marketing efficiency of the dealers for increasing the merchants.
