SoftBank injects $450M into UK AI chip company Graphcore

Nvidia shares rose to a new high after US approvals opened the door for H200 chip sales to major Chinese buyers. The post Nvidia hits record high as US clears H200 chip sales to China appeared first on Crypto Briefing.

Dimon's critique highlights the risk of capital flight from Europe and the UK, potentially shifting financial power towards more decisive markets. The post JPMorgan’s Jamie Dimon urges Europe and UK to clarify financial regulations or risk losing capital appeared first on Crypto Briefing.

The post Stock Futures Gain Momentum as Trump-Xi Beijing Summit Kicks Off appeared on BitcoinEthereumNews.com. Key Highlights Equity futures advanced Thursday as President Trump and President Xi Jinping commenced their high-stakes summit in China’s capital. Dow futures increased 0.4%, while S&P 500 and Nasdaq 100 futures each posted gains of 0.3%. Wednesday saw both the S&P 500 and Nasdaq reach all-time closing highs, propelled by strength in mega-cap technology companies. Nvidia shares reached a record close Wednesday following CEO Jensen Huang’s participation in Trump’s delegation to China. Cisco stock jumped after the company reported stronger-than-expected earnings and revealed an AI-driven reorganization eliminating approximately 4,000 positions. Equity futures tracked higher Thursday morning as the historic summit between President Donald Trump and Chinese President Xi Jinping commenced in Beijing, fueling investor expectations for potential progress on trade relations between th

The post Nvidia rally continues on Thursday as Trump approves H200 buyers in China appeared on BitcoinEthereumNews.com. Nvidia (NVDA) stock is the early winner of the United States (US) President Donald Trump’s summit with China on Thursday. Shares of the AI chipmaker rose more than 2% in Thursday’s premarket. If the gains remain through the close, this will become NVDA’s seventh consecutive day of gains. President Trump’s Commerce Department approved ten Chinese firms to import Nvidia’s H200 AI chip, as well as a few other distributors in the Asian region. US Retail Sales for April fell from 1.6% MoM in March to 0.5% MoM, but that was in line with the consensus. The Dow Jones Industrial Average (DJIA) futures rose 0.9% in the premarket on Thursday, while the NASDAQ Composite futures declined 0.2%, and S&P 500 futures gained 0.3% on the news. Nvidia could boost China sales on Commerce Department clearance Nvidia has been looking to regain market share in China after several rounds of t

The semiconductor giant said it will work with Ineffable Intelligence to build the model training infrastructure.

The post Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure appeared on BitcoinEthereumNews.com. In brief The Bank of England is reportedly reconsidering parts of its stablecoin plan. A 40% reserve floor could cost issuers £11.2 million per £1 billion in circulation. Observers say the bank’s shift could point to a move toward a more workable regime. The Bank of England is reconsidering key parts of its proposed stablecoin rules, softening its push after industry pushback over planned limits on holdings and reserve requirements. Sarah Breeden, the Bank of England’s deputy governor for financial stability, told the Financial Times on Thursday that officials were weighing other approaches to containing stablecoin-related risks as the sector grows. “It was based on experience of potential liquidity stress,” Breeden said. “But we will look hard to see if we have been overly conservative in our thinking there.” Breeden noted the reserve proposal was based o

The post EUR/GBP Price Forecast: Cross remains capped below Key SMAs despite tentative rebound appeared on BitcoinEthereumNews.com. EUR/GBP trades choppy on Thursday, with the British Pound (GBP) modestly outperforming the Euro (EUR) on the back of resilient UK economic data, while traders also assess growing political noise in the United Kingdom. At the time of writing, the cross is trading around 0.8659 after touching an intraday high of 0.8668 earlier in the day. The UK economy expanded by 1.1% YoY in the first quarter of 2026, accelerating from 1.0% in the previous quarter and beating market expectations of 0.8%, according to preliminary estimates. On a monthly basis, UK GDP rose 0.3% in March, defying forecasts for a 0.2% contraction, though growth slowed slightly from February’s 0.4% expansion. However, the GBP is struggling to build on gains from the stronger UK economic data as political uncertainty weighs on sentiment. Speculation over potential leadership challenges to Prime

Insider Brief UK robotics startup Humanoid has announced a deployment and supply agreement with Schaeffler to bring humanoid robots into live manufacturing operations. According to Humanoid, the agreement calls for phased deployment of Humanoid’s wheeled humanoid robots across Schaeffler facilities, with the first systems expected to begin operating at plants in Germany before the end […]