SMCI US and Chinese negotiators have concluded their latest round of trade talks in Stockholm with an agreement to extend their tariff truce, Chinese trade negotiator Li Chenggang told reporters, without giving details of the extension.
Talks were candid and in-depth, he said Tuesday, and both sides will continue close communication going forward. The meetings followed previous rounds between the world’s two biggest economies in Geneva in May and in London in June.
SMCI short volume and selling pressure are definitely increasing, however, if we look at NVDA for example, millions of puts are getting crushed as they are only pushing the stock up instead, don't expect much till there's a fed's post or earnings that does a major effect to the economy | A pump likely happening at 12pm-1pm as usual