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3 hours ago · posted in CROFAM
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AI Chip News Sends Wall Street Into Rally

Following the Nvidia–China licensing news, AI-related stocks surged—Nasdaq futures are positive and shares of Nvidia, AMD, and TSMC soared. Broader markets rose too, as optimism over chip deals and tech investment outweighed mixed bond and inflation data 

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Trump Joins AI & Energy Summit with Major Investment Plans

Donald Trump spoke at Carnegie Mellon’s Energy & Innovation Summit, discussing AI leadership alongside executives from Meta, Microsoft, Alphabet, and Exxon. He’s expected to pledge ~$90 billion toward AI, data centers, energy infrastructure, and workforce training. A formal AI Action Plan is anticipated by July 23

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Nvidia Resumes AI Chip Sales to China

Nvidia CEO Jensen Huang confirmed that sales of its H20 AI accelerator chips will recommence in China following US licensing approval. Huang emphasized that this restart boosts global AI supply chains and enhances U.S. leadership in AI, already lifting Nasdaq futures. Additionally, Nvidia unveiled an RTX PRO GPU tailored for digital twin AI in manufacturing and logistics

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Tesla Debuts Model Y in India

Tesla has entered the Indian market with the launch of the Model Y SUV. Priced at ₹60 lakh (RWD) and ₹68 lakh (AWD), the vehicles arrived via imports, incurring roughly ₹21 lakh in tariffs. Its first showroom opened in Mumbai, with plans to expand to Delhi. The move marks Tesla’s entry into India’s EV landscape, though local manufacturing is not yet confirmed

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Trump memecoin unlock imminent

A $500 million tranche of the “Official Trump” meme coin is set to unlock this weekend. Though prior unlocks saw no sales, analysts watch for possible market impact 

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 Crypto markets pull back as BTC dips

Following the rally, crypto markets are experiencing a short-term pullback: total market cap declined ~6.7%, Bitcoin slipped below $117K, and Ethereum dropped below $3K—though ETF inflows continue 

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11 hours ago · posted in CROFAM
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Crypto identified as top money‑laundering risk in EU

The EU’s AML Authority flags crypto as its leading money‑laundering threat, aiming for pan-EU licensing and unified compliance by 2028 .

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11 hours ago · posted in CROFAM
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Stablecoin boom ahead—4 sectors to benefit (BofA)

Bank of America warns stablecoins could reshape payments. Traditional banking, DeFi, and e‑commerce will see big gains under the GENIUS Act .

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