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๐ธ Nvidia $NVDA ordered 300,000 more H20 AI chips to meet strong China demand; US signals it wants chip sales to continue. ๐ธ Mexico awaits Trumpโs decision on a proposed 30% tariff on imports; outcome expected this week.
โฟ Crypto Brief ๐ฏ SEC exempts most liquid staking tokens; CFTC, FCA expand access; major ETF outflows despite corporate crypto buys. ๐ธ SEC clarified most liquid staking tokens (e.g., stETH, JitoSOL) are not securities, easing ETF integration and protocol operations. Read more: ๐งต
๐บ๐ธ US Markets Brief ๐ฏ SEC greenlights in-kind crypto ETF flows; Nvidia boosts China chip supply; AmEx, Visa, Starbucks beat. ๐ธ SEC approved in-kind creation/redemption for spot Bitcoin $BTCUSD and Ethereum $ETHUSD ETFs, expected to improve liquidity and reduce costs. Read more: ๐งต
๐บ๐ธ US Markets Brief ๐ฏ AMD, Super Micro, Snap, and EVs drop after earnings; Astera, Arista, Match rally on strong results. ๐ธ AMD $AMD beat Q2 revenue estimates and raised Q3 guidance on AI demand, but shares fell up to 5% after hours on margin and earnings concerns tied to China export restrictions. Read more: ๐งต