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China will issue export licenses for rare earths and other materials to benefit U.S. users, while suspending probes on American chip firms, per the White House.
Read MoreChina to Suspend Rare Earth Curbs and Probes on U.S. Chip Firms
The US will permit Nexperia, a Dutch semiconductor firm, to resume chip shipments from China, signaling a key trade agreement between Trump and Xi.
Read MoreUS to Allow Nexperia Chip Shipments from China to ResumeApple's latest earnings beat revenue and EPS forecasts, but iPhone and China sales fell short. Stock rises 5% as Tim Cook discusses AI and future plans.
Read MoreApple Earnings Recap: Stock Surges 5% Despite China Sales Drop
Stellantis, Jeep's parent company, falls 6% after warning of one-off costs amid political and economic challenges. Learn more about the automaker's struggles.
Read MoreJeep Maker Stellantis Drops 6% After Warning on One-Off Costs
Stock futures climb marginally after the Trump-Xi meeting in South Korea. Tech giants Alphabet, Meta, and Microsoft report quarterly results. Live updates from
Read MoreStock Futures Rise Slightly After Trump-Xi Meeting: Live UpdatesMicrosoft CEO Satya Nadella recalls Bill Gates warning that investing in OpenAI was like burning $1 billion, despite a 27% stake in the AI giant.
Read MoreMicrosoft CEO Satya Nadella Reveals Bill Gates' Warning on OpenAI Investment