Nvidia shares tumbled after the company's board announced an investigation into reports that Chief Executive Jensen Huang was the target of a foreign espionage operation. Investors shifted toward defensive stocks amid fears the AI bull market may be over, while BT Group cooled on its satellite tie-up with Elon Musk's Starlink following a Ukraine controversy. The FT interviewed Britain's Defence Secretary Wes Streeting regarding UK-Russia relations and the need for communication channels to avoid escalation.
Meanwhile, Republican lawmakers moved to impeach US Defence Secretary Pete Hegseth. The episode also covered Russian strikes aiming to cut Ukraine in half, with talks resuming in Abu Dhabi.
Source: Financial Times Markets · Summarized by HeadlinesBriefing