Markets sparkle under renewed trade momentum as U.S.–EU and Japan agreements bring clarity to tariffs. Semiconductors gain traction, while tech policy and innovation surge across AI, startup funding, and platform inclusion. Today blends geopolitics and industry dynamics into one broad tech canvas.
📈 Global Markets & Trade Deal Momentum
U.S.–EU Trade Deal Sparks Market Rally
Global equities and the euro lifted amid a new U.S.–EU trade agreement slashing tariffs to 15% on most EU goods—down from threatened 30%. This, combined with earlier U.S.–Japan auto trade relief, has softened fears of a prolonged trade war and bolstered risk sentiment entering crucial policy weeks.
✅ Index Moves & Corporate Spotlight
Thomson Reuters Joins Nasdaq‑100 Index on July 28
Effective today, Thomson Reuters Corp (TRI) replaces Ansys in the Nasdaq‑100 and several tech-sector and ESG indices, starting trading as a constituent before market open. This inclusion may increase institutional visibility and passive inflows into TR’s shares.
🔬 AI Infrastructure & Semiconductor Strategy
Huawei Shows Off CloudMatrix 384 to Compete with Nvidia
At the Shanghai World AI Conference, Huawei debuted its CloudMatrix 384 computing system, built with 384 of its latest AI chips. Analysts consider it a challenge to Nvidia’s GB200 NVL72 platform, demonstrating China's drive to build competitive domestic AI hardware despite U.S. export constraints.
xLight Secures $40M to Build U.S.-Made EUV Laser Tech
Silicon Valley startup xLight raised $40 million to prototype new extreme ultraviolet (EUV) lithography lasers—critical tools in chip manufacturing that Europe’s ASML currently dominates. The effort aims to help the U.S. regain leverage in advanced fab supply chains amid competition with Chinese investment.
🧭 Technology & Trade Policy Interlinkage
Trade Certainty Boosts Tech Sentiment: Moves toward stable U.S.–EU and U.S.–Japan trade deals reduce geopolitical risk around tech supply chains and export regulations.
Semiconductor Competition Intensifies: As Huawei and U.S. startups scale AI hardware, the chip race is shifting toward system-level innovation and domestic independence.
Index Inclusion as Signal: TRI’s entry into the Nasdaq‑100 underscores investor appetite for data, analytics, and software platforms tied to markets and finance.
📊 Snapshot Table
Focus Area
Key Insight
Global Trade Impact
U.S.–EU deal improves clarity and lifts risk appetite
Index Movement
Thomson Reuters gains strategic visibility via Nasdaq‑100 inclusion
Domestic AI Hardware Growth
Huawei challenges Nvidia; xLight pushes U.S. chip tool innovations
Market Implications
Strengthened trade outlook supports tech and semiconductor valuations
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