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Options Market Statistics: Google Shares Hit by Apple's AI Search Plans; Options Pop
Express News | In Overnight Trading, Applovin Surges 14% on Strong Earnings; MercadoLibre Rises 8% as Q1 Revenue Beats. Arm Holdings Dives 11% with Outlook Under Pressure; Fortinet Drops 12% with Worries on Growth Despite Q1 Earnings
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.
Marjorie Taylor Greene Goes Stock Shopping Again: Here Are 50+ Stocks The Congresswoman Bought
U.S. stocks closed with the three major Indexes fluctuating higher, with Google plummeting more than 7%. The Bullish support from the AI Chip helped NVIDIA.
① Apple is promoting a shift to AI search for Safari, causing Google's stock price to fall over 7%; ② Disney's stock price skyrocketed nearly 11%, with the company's second fiscal quarter profits exceeding expectations; ③ NVIDIA rose over 3%, with reports that the USA is considering lifting AI Chip export restrictions.
Netflix Keeps Hitting New Highs: Can TikTok-Style Feed, OpenAI Search Power Even More Growth?