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US lifts export controls on Anthropic's AI models; Trump reveals $580M crypto income; oil prices drop sharply.

Market News
01 Jul 2026
CNBC
View Source
Neutral
pluang ai news

The US Department of Commerce has removed export restrictions on AI company Anthropic, allowing its Claude Fable 5 and Mythos 5 models to be accessed by foreign nationals again. Meanwhile, President Donald Trump's financial disclosures reveal over $580 million in crypto-related income, alongside major stock transactions involving Apple, Microsoft, and Nvidia. In global markets, Iran is selling oil at a 20% premium following the lifting of a US naval blockade, even as Brent crude prices experienced their largest monthly drop since March 2020. Central bank officials from the Bank of England and the Federal Reserve commented on interest rates and inflation, highlighting AI's role in driving demand and inflationary pressures.

More News (NVDA)

US stocks close strongest quarter in years amid AI optimism and Iran peace hopes

US stocks close strongest quarter in years amid AI optimism and Iran peace hopes

US stock markets ended the second quarter of 2026 with their best performance in years, driven by gains in chipmakers and optimism around AI and a potential peace deal with Iran. The Dow Jones, S&P 500, and Nasdaq all posted significant gains, with t...

Market News
Bullish
14 hours ago
Michael Burry shorts Caterpillar and other AI-linked stocks, warning of an overvalued rally.

Michael Burry shorts Caterpillar and other AI-linked stocks, warning of an overvalued rally.

Investor Michael Burry has taken a bearish position against Caterpillar, shorting its shares at $1,060.98, citing the stock as overvalued amid the AI investment boom. Caterpillar's shares surged 86% in the first half of 2026, driven by its perceived ...

Market News
Bearish
15 hours ago
Chipmakers Micron, Intel, and AMD soar over 200% in Q2 as AI demand broadens beyond Nvidia.

Chipmakers Micron, Intel, and AMD soar over 200% in Q2 as AI demand broadens beyond Nvidia.

In the second quarter, chipmakers Micron, Intel, and AMD saw historic gains, with their stocks rising over 180%, driven by expanding AI demand beyond Nvidia. Micron's market cap increased by about $920 billion due to surging memory prices, while Inte...

Market News
Bullish
15 hours ago
Fidelity's Disruptive Communications ETF targets tech leaders reshaping global communications infrastructure and platforms.

Fidelity's Disruptive Communications ETF targets tech leaders reshaping global communications infrastructure and platforms.

The Fidelity Disruptive Communications ETF (FDCF) actively invests in companies pioneering changes in the communications sector, including social media, digital infrastructure, and connected devices. It focuses on firms building the physical and digi...

Market News
Bullish
18 hours ago
Nvidia's market cap hits $4.78T in H1 2026 despite recent share losses and new AI partnership.

Nvidia's market cap hits $4.78T in H1 2026 despite recent share losses and new AI partnership.

Nvidia's market capitalization rose to about $4.78 trillion in the first half of 2026, up 3.14% from the start of the year. It remains the world's largest company by market cap, surpassing Alphabet by $500 billion. However, Nvidia's shares have recen...

Market News
Neutral
21 hours ago
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