Public Markets 8-Hour Briefing

Global Trade Dynamics

Chinese President Xi Jinping bloomberg.com has gained strategic advantage ahead of his summit with Donald Trump after the U.S. tariff regime stumbled. India bloomberg.com has postponed a trip to finalize a trade pact with the U.S. following the Supreme Court ruling that struck down many of Trump's tariffs. Japan's ruling party tax chief bloomberg.com called the U.S. tariff situation "a real mess" as Trump's global tariffs investing.com hit 15%.

Market Performance & AI Focus

Essilor Luxottica investing.com stock is falling amid market turbulence while analysts investing.com predict Nvidia will likely outperform in the second half of 2026. Gold investing.com may rise to new highs above $5,600 in 2026 as investors seek safe havens. China's AI rally investing.com is igniting as investors shrug off global disruption fears.

Corporate Developments

TK Elevator ft.com predicts demand for lifts will rise due to aging populations. Private equity owners ft.com have slashed the valuation of Swiss watchmaker Breitling since CVC sold its majority stake to Partners Group in 2023. Palantir ft.com is suing a magazine that revealed Switzerland rejected its approaches, alleging insufficient right to reply.

Market Analysis

Earnings and AI fears ft.com are driving "extreme" churn in the U.S. stock market, with the gap between large moves in individual equities and subdued index performance hitting its highest since the global financial crisis. Consultancies ft.com are set for their fastest growth in years on the back of the AI boom as companies seek advice on data center energy needs and AI profitability.