Nvidia to launch cheaper Blackwell AI chip for China

Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, The GPU is expected to be priced between $6,500 and $8,000.

Oil gained ahead of Memorial Day weekend

Oil prices gained on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weekend amid worries over the latest round of nuclear talks between American and Iranian negotiators.

The Oil-Dollar pair exploded 1.5% in the last session. The MACD is giving a positive signal.
Support: 58.651 | Resistance: 63.992

BlackRock’s Bitcoin ETF notches 2-week high inflow

Bitcoin Daily Chart

BlackRock’s iShares Bitcoin Trust has seen its largest inflow in the past two weeks as traders allocate to US spot Bitcoin exchange-traded funds to scoop up the rocketing cryptocurrency. IBIT’s May 21 net inflows hit $530.6 million.

The Bitcoin-Dollar pair exploded 1.8% in the last session. The MACD is giving a positive signal.
Support: 106982 | Resistance: 114932

S&P 500 directionless after Trump’s tax-cut bill narrowly wins House vote

The S&P 500 struggled for direction after the U.S. House of Representatives passed President Donald Trump’s tax and spending bill, expected to burden the federal government with trillions of dollars in extra debt, by a razor-thin margin.