AI had its moment. Markets are taking a breath.
US equity futures were a little indecisive after a burst of optimism around AI got a boost from Meta, Alibaba, and Tencent's latest technology updates. Translation: the market saw some shiny new AI toys, got excited, then remembered valuations don't pay the bills by themselves.
The other drama is still very real
On the geopolitical side, the US and China held a second round of trade talks ahead of the Trump-Xi summit. That matters because even when stocks want to trade on AI dreams, cross-border tensions can still yank the steering wheel. If the talks go well, risk appetite can hold up; if they sour, the market may go from