Global markets face volatility amid AI sector concerns, geopolitical tensions in the Middle East, and shifting central bank policies.

Chinese chipmaker ChangXin Memory Technologies (CXMT) saw its shares soar 466% during its Shanghai trading debut, becoming the most valuable mainland-listed firm as investor demand for memory chips remains high.

Semiconductor stocks and the Nasdaq-100 face significant pressure as investors worry about increased AI spending by Big Tech firms and China's domestic expansion of chip manufacturing capabilities.

The U.S. Federal Reserve has opened a two-day policy meeting with analysts widely expecting interest rates to remain steady amid heightened economic uncertainty fueled by Middle East conflicts.

Anthropic CEO Dario Amodei is urging the U.S. government to implement stricter export bans on chip technology to prevent China from gaining critical advantages in artificial intelligence development.

E-commerce giant eBay has reached a $56 million settlement to resolve a 2019 harassment campaign directed at newsletter writers who were critical of the company.

Oman has presented Iran with a Gulf-backed proposal to manage the Strait of Hormuz, which includes the introduction of voluntary fees for transit as alternative oil shipping routes are explored.

Larsen & Toubro maintained its financial outlook for fiscal year 2027, reporting strong first-quarter profits driven by robust order inflows despite ongoing geopolitical headwinds.

Fuel-cell manufacturer Bloom Energy reported sales exceeding $1 billion, raising its 2026 guidance as AI infrastructure requirements drive demand for new power solutions.

The Writers Guild of America has withdrawn support for the Urbanworld film festival due to the inclusion of a section dedicated to movies produced using artificial intelligence tools.