NVIDIA Corporation

Advanced Micro Devices, Inc.

Intel Corporation

Chinese authorities have invested at least $100 billion in data center construction since 2021

China has banned AI chips from overseas in state-supported data centers. Who will suffer?

According to the US president, the entire volume will be reserved for US customers

Trump says Nvidia won't ship top AI chips to other countries

Having levied import duties against each other in April, the U.S. and China then twice postponed escalation in the trade war. After six months of negotiations, the two heads of state, Donald Trump and Xi Jinping, met on October 30 and announced a trade truce for another year. In the case of other countries, Trump managed to secure significant concessions. But Beijing took a tough stance and did not back down from it. It identified the weaknesses of its and the U.S. economies in advance and skillfully exploited them.

Seven long years of preparation: how China has built a defense in its trade war with the U.S. 

MP Materials Corp.

USA Rare Earth, Inc.

Ramaco Resources, Inc.

U.S. President Donald Trump said on October 30 that China agreed to lift restrictions on rare earth metals exports for a year. Because of Washington's trade war with Beijing, shares of some companies mining and producing rare earth metals have risen 300-800% since the beginning of the year. The escalation has made the industry a strategic priority for the U.S., and new projects are receiving political and financial support. How to capitalize on this?

1000% growth: rare earth metals are the new oil

Nvidia's most powerful chips were not discussed at the meeting between the heads of the US and China, contrary to expectations

Trump agreed to cut duties on imports from China from 57% to 47%

Hanwha Ocean Co., Ltd.

Hyundai Motor Company

Kia Corporation

Wall Street analysts recommend buying the securities of these companies

Shares of auto companies and shipbuilders in Korea soared in trading. They were backed by Trump

Alphabet Inc.

Meta Platforms, Inc.

Microsoft Corporation

China and the U.S. have agreed on a trade deal that includes a reduction in some duties. Alphabet reported record revenue of $102.4 billion and Google Cloud division grew 34%, becoming the main beneficiary of the AI boom. The IPO of ChatGPT chatbot developer OpenAI could take place in 2026 and bring its valuation to $1 trillion. These and other topics are covered in our review of key events for the morning of October 30.

Highlights for the morning: Alphabet and Microsoft records, US-China deal, OpenAI IPO

The company's shares jumped by 8.5% in over-the-counter trading 

'It's a super-duper chip': Trump to discuss Nvidia's latest AI chip deliveries with China's head of state

Gold's rise to $5,000 an ounce is more likely than a return to $3,000, analysts say

"Undervalued asset": experts in the precious metals market saw a chance to invest in gold

UBS Group AG

Switzerland's UBS beat expectations, increasing profits by 74%. Donald Trump signaled he is willing to cut tariffs on Chinese goods, paving the way for a new trade truce. Japan's Nikkei 225 index topped 51,000 points for the first time. About these and other topics - in our review of key events for the morning of October 29.

Tesla, Inc.

Keurig Dr Pepper Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: investors are driven by optimism

IHI Corporation

Advantest Corporation

Kawasaki Heavy Industries, Ltd.

The outcome of the US President's meetings with the leaders of Japan and China this week could have a major impact on Japanese stocks

Trade war