The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Track the evolution of major financial and economic events
The Nvidia GTC AI Conference and FedEx Freight spin-off lead global market watch. Nvidia shares jumped 6% on GTC Taipei news, with Bank of America setting a price target of $350. Nvidia's CEO warned of persistent supply constraints amid a global surge in AI chip demand.
On May 29, U.S. President Donald Trump announced the immediate lifting of the naval blockade in the Strait of Hormuz with no tolls. The agreement includes a 60-day extension of the U.S.-Iran ceasefire and the destruction of unearthed uranium. Following this geopolitical announcement, Bitcoin price surged above the $74,000 level.
