Headlines
•Meta to cut ~8,000 jobs (10% of workforce) — workforce reductions begin this week as AI investment push intensifies
•China refuses to approve Nvidia H200 chip purchases — Trump's 25% export cut costs Huang $30B in lost sales
•Arista Networks upgraded by veteran analyst — bullish call flips on AI demand surge after three-week reversal
•Broadcom shares up 85% over past year and 22% year-to-date — Roth Capital discusses firm's position in late April
•EU to cut growth outlook, raise inflation forecast amid Iran war 'stagflationary shock' — spring forecast due this week
•Germany plans $11.6B civil defense push for bunkers, shelters, warning tech — €10B investment announced
•Jim Cramer Shares Why Tesla (TSLA) Is Better Than Ford