President Xi Jinping’s government is set to welcome a US senator close to Donald Trump for talks in China, as the world’s largest economies try to move forward trade negotiations that have stalled at lower levels.

Fed Chair Jerome Powell said Wednesday that he doesn't know anyone who is confident in their forecast these days. But what he did say with assurance was that the central bank will be ready to respond once the tariff uncertainty becomes enacted policy. In a message that reassured the market, and to a certain extent the White House, Powell appeared to take lessons from the Fed's pandemic response

Google’s owner, Alphabet, has agreed to buy the cybersecurity group Wiz for $32 billion (£24.7 billion), the biggest acquisition it has ever made. The search company’s purchase of the Israeli startup comes as Google attempts to catch its competitors Microsoft and Amazon in the competitive cloud services market.

Chipmaker giant CEO Jensen Huang is expected on Tuesday to reveal fresh details about the company's newest artificial intelligence chip at its annual software developer conference. The company's stock has more than quadrupled in value over the past three years as it powered the rise of advanced AI systems such as ChatGPT, Claude, and many others.

Shares of Intel are jumping more than 7% in premarket trading Wednesday following a report that TSMC has approached U.S. chip designers Nvidia, Advanced Micro Devices, and Broadcom about forming a joint venture to own and run the chipmaker's foundry division.

The sell-off continued on Wall Street Monday as investors grow increasingly concerned about the possibility of a recession. The tech-heavy Nasdaq Composite saw the biggest decline of the major indexes, plummeting 4% and marking its worst session since September 2022. Tech stocks were hit especially hard, as the seven most valuable tech companies lost more than $750 billion in market value on Monday.