Financial World Updates
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Received real time updates about the Financial World 🌎

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🚨 Toyota and ExxonMobil warn suppliers of incoming lubricant oil shortage from the Iran War; affecting automotive and industrial supply chains.


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China's Alibaba reports 18% fall in annual net profit.


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💯🖥🖥💯

Donald Trump's visit to Beijing, China, scheduled in Beijing time:

Wednesday, May 13th

- Air Force One arrives in Beijing in the evening with Donald Trump and his delegation.


Thursday, May 14th

- 10:00 AM: Welcome ceremony with Chinese President Xi Jinping.
- 10:15 AM: Bilateral meeting between Donald Trump and Xi Jinping.
- Afternoon: Joint visit to the Temple of Heaven, accompanied by FLOTUS Melania Trump.
- 6:00 PM: Grand state banquet hosted by Chinese President Xi Jinping.


Friday, May 15th

- 11:40 AM: Bilateral talks and informal discussions between Trump and Xi Jinping.
- 12:15 PM: Donald Trump has lunch with President Xi Jinping.
- Afternoon: Donald Trump and his delegation depart Beijing, China.



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🚨🚨🚨🚨🚨

🇺🇸 US CORE PPI CAME IN AT 5.2%

EXPECTATIONS: 4.3%


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Trump lands in China ahead of talks with Xi.


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⚡️ Trump and China’s President Xi are expected to discuss tariff cuts on $30 billion of imports at the US-China summit this week.


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NVIDIA's market capitalization has exceeded $5.5 trillion.


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🇮🇳 Nvidia $NVDA now worth more than India stock market.


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🚨 Global money supply hits a record $121.9 trillion, up $17.1 trillion in just two years, as growth accelerates at 7–8% annually.


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The US has allowed the sale of NVIDIA's H200 chips to 10 Chinese companies.


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Trump had a good meeting with Xi, according to a White House official.


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⚠️⚠️⚠️⚠️

Nvidia Surpasses Silver as Second Largest Asset

Nvidia (NVDA) has surpassed silver to become the world's second largest asset at $5.52 trillion.

Google is under 4% from joining the $5 trillion market cap club.

This marks a historic tech revolution.


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🇨🇺 Cuba says it has completely run out of diesel and fuel oil.


@PoliticFinance 🥻
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⚠️⚠️⚠️⚠️

🇺🇸🇨🇳 President Trump says he had "extremely positive and constructive" discussions with China.


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Trump invites Xi Jinping to visit the White House on September 24.


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🇨🇳 Chinese President Xi Jinping:

Achieving the great rejuvenation of the Chinese nation and making America great again can go hand in hand.

We can help each other succeed.


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🇬🇧 UK Health Secretary Wes Streeting has formally resigned and is expected to trigger a Labour leadership contest to oust Prime Minister Keir Starmer, according to The Guardian.

Streeting is understood to have secured the backing of at least 81 Labour MPs — the threshold required to trigger a formal leadership challenge.

The resignation follows a 16-minute meeting between Streeting and Starmer on Wednesday, and comes amid a deepening crisis within the party after disastrous local election results.


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🐈

The Senate confirmed Warsh as head of the Federal Reserve with 54 votes for and 45 against.

Powell will step down this Friday but stay on the board until 2028.

Warsh served on the Fed under Bush and Obama, worked at Morgan Stanley, and called BTC important for regulatory policy.


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⚡️ Saudi Arabia proposes a regional non-aggression pact with Iran as allies discuss post-war security after the US-Israel conflict ends.


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