Overnight News Summary for April 25th.
1. The US stock market closed mixed on Friday, with the Nasdaq and S&P 500 hitting new highs again.
2. US President Trump stated that Iran plans to propose a response to US demands. He said that the specific content of this proposal is not yet clear.
3. It is reported that US President Donald Trump will send two envoys to hold talks with Pakistan and Iran. Meanwhile, Tehran has shown a more pessimistic attitude towards the prospect of further negotiations.
4. US Federal Prosecutor Jeanine Pirro announced that she will terminate the investigation into the overspending on renovations at the Federal Reserve building.
5. The US and EU reached an agreement on Friday to cooperate in ensuring the supply of key minerals and strengthening supply chains.
6. Intel's stock price soared 24% on Friday, marking its best single-day performance since October 1987, as investors were encouraged by signs of a recovery due to increasing demand for artificial intelligence.
7. Nvidia's stock price reached a new closing high for the first time since October on Friday, pushing the company's market value past $500 billion.
8. Google is investing $10 billion in Anthropic PBC and may add up to an additional $30 billion, strengthening the cooperation and competition relationship between the two companies.
9. Michael Burry, the inspiration for the movie "The Big Short" and a well-known investor, wrote on Substack on Friday that he has taken new short positions, buying put options for the iShares Semiconductor ETF.
Latest

