Stock markets

• Trump's pivot on Nvidia chips gives China a leg up over the U.S. in AI race, analysts say - In the hours after U.S. President Donald Trump said Nvidia can sell a more advanced chip to China, several analysts said the move would give Beijing
• Salesforce CEO calls AI a 'commodity feature', says the technology bolsters enterprise software - Salesforce CEO Marc Benioff told CNBC's Jim Cramer how his company uses AI.
• Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT - Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial public offerings ever as 2025.
• Michael Burry calls Tesla 'ridiculously overvalued' and knocks tech industry for a widely used practice - "The Big Short" investor Michael Burry put Tesla's valuation in the spotlight.
• Kalshi makes move to court crypto traders with tokenized betting contracts - Tokenization refers to creating a digital version of a real-world financial asset such as a stock, bond or treasury note.
• An industry focused on death faces an existential crisis - The small, family run companies that make traditional memorialization products like gravestones are facing the dual challenges of tariffs and cremation.