In photos: Trump lands in China ahead of high-stakes summit with Xi

The high-stakes summit is expected to cover a wide range of contentious topics, including trade, technology, export controls, Taiwan, and the Iran war.
Asia-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meeting

Asia markets traded mixed ahead of closely watched Trump-Xi summit on trade, tariffs and technology restrictions.
Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?

Kevin Warsh received the fewest votesTKTK of any Fed chair in history. Will it cripple him?
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

Cerebras raised $5.55 billion in its IPO, and with the chipmaker’s offering, investors are gearing up for some even bigger AI deals later this year.
Microsoft feared being too dependent on OpenAI, Musk-Altman trial testimony reveals

Top Microsoft executives testified in Musk v. Altman this week, spelling out concerns they had in the early days of the partnership with OpenAI.
Cisco’s stock pops 14% on surging AI orders, as company says it’s cutting almost 4,000 jobs

Cisco’s AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.
This low-profile stock in the semiconductor supply chain has doubled this year. Wall Street still loves it

Across the board, Wall Street analysts are bullish on Qnity Electronics and have raised their price targets on the stock.
Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.
Stocks making the biggest moves midday: Akamai Technologies, Micron, Nebius, Alibaba & more

Here are the stocks making headlines in midday trading.
Anduril doubles valuation to over $60 billion as defense tech funding boom continues

The company is working on space-based interceptors for Trump’s $185 billion Golden Dome defense system