NVIDIA CEO Jensen Huang and U.S. President Donald Trump held an "Invest in U.S. Investment" event in Washington, DC, USA on April 30, 2025.
Leah Millis | Reuters
"Great Seven Groups" Stocks - Included letter,,,,, Amazon,,,,, apple,,,,, Meta Platform,,,,, Microsoft,,,,, Nvidia and Tesla - In 2024, the majority of S&P 500 stocks grew by 23.31%.
They are also the toughest stocks in tariffs by U.S. President Donald Trump. Those who rely heavily on global supply chains and export markets, such as Apple and Nvidia, have suffered the biggest impact. Meta and Microsoft, by contrast, make more revenue from digital services such as advertising sales or enterprise software, actually make their stocks stretch upward this year.
NVIDIA joined Meta and Microsoft on Wednesday as a grand seven-member member of the green annual deal so far. This is a major move, because miracle manufacturers (as the word suggests) are not dealing with intangible products that can slide through trade barriers.
The NVIDIA's recovery shows that deals under Trump - in terms of tariff agreements and broad bilateral relations, such as the trade he established with Saudi Arabia during his state visit - are providing a better environment for businesses. However, this also underscores the turmoil in the market this year, when the engine behind the 2024 engine rally could escape within weeks surrounding Trump's "Liberation Day."
S&P 500's three-day winning streak
The U.S. market traded on Wednesday. this S&P 500 Up 0.1%, Nasdaq Composite Materials Up 0.72%. High-tech index increased by 4.7% AMD CHIP Company announced a $6 billion stock buyback as well as the growth of NVIDIA shares after the stock. this Dow Jones Industrial Average Loss of 0.21%. Pan-European Stoxx 600 It fell 0.24%, ending a four-day streak. Burberry Stocks soared 17% after announcing cost cuts and turnover plans.
Nvidia is back to green
NVIDIA climbed more than 4% in the news on Wednesday, meaning it will sell more than 18,000 top AI chips to Saudi Arabia. The share move made NVIDIA a positive area of the year, becoming the latest “Great 7” member stock, returning to green amid a wider market recovery. Amazon, Letters, Tesla and Apple are still facing losses in their stock prices at the end of the year.
Boeing and Qatar Airways' biggest deal
Boeing Qatar Airways announced on Wednesday that during Trump's state visit with Qatar Emir, Middle East Airlines has reached a deal to buy up to 210 aircraft. The order is the largest order in Qatar Airways history, and according to Trump, the order is a promotion for troubled masterminds and has been profitable since 2018.
"I like you so much": Trump vs. Saudi Crown Prince
Elon Musk of Tesla, Jensen Huang of Nvidia and at the U.S. Sudi Investment Forum on Tuesday BlackRock's Trump's Larry Fink delivered a speech, praising Saudi Arabia and telling the king's Crown Prince Mohammed bin Salman that he was in the audience - "I like you so much." Trump also met with Syrian leader Ahmed Al-Sharaa in Saudi Arabia that day.
AI shrinks Krana's workforce
Krana CEO Sebastian Siemiatkowski told CNBC that the company has cut its workforce by "about 5,000 to 3,000 employees now", which is a 40% reduction due to investment in artificial intelligence and the natural loss of labor. The company said last year that AI is working on 700 customer service agents. Krana paused after Trump announced the tariffs.
(Pro) Stocks can retest April lows: Steve Cohen
Steve Cohen, founder of investment firm Point72, said he believes stocks can "return to lows" in April and there is a 45% chance of recession. However, Cohen said the decline in the stock market is not necessarily a "disaster."
U.S. President Donald Trump (L) listens in the White House Cross Room in the White House during the "American Investment" event held in Washington, DC on April 30, 2025.
Andrew Harnik | Getty Images
The next wave of Chinese AI chip export rules for the Trump administration is another obstacle for NVIDIA
NVIDIA announced on Tuesday a deal with Saudi Arabia to develop the Kingdom’s artificial intelligence capabilities, a hallmark of its expanding global strategy.
NVIDIA CEO Jensen Huang was launching a new round of AI chip restrictions on China when Saudi Arabia announced the Blackwell deal. The Ministry of Commerce issued a warning to use U.S. AI chips for Chinese models and to pick out “transfer strategies” and ensure supply chains are smuggled at targets.
The new export restrictions come a few days after the United States and China agreed to pause most tariffs on each other. As the White House also eliminates the “AI proliferation rules,” the new policy adds another layer of controls to Nvidia.