Good morning, you're listening to Markets Desk.
Xi Jinping is moving aggressively on the diplomatic chessboard ahead of an anticipated summit with Donald Trump, scheduling a historic first visit to India and a string of state meetings designed to project China as a stable, multilateral partner. The sequencing is deliberate — Beijing is arriving at any Trump negotiation with leverage already built.
Shifting to nuclear energy, NuScale Power's chief financial officer has sold nearly thirty thousand shares at just under nine dollars and forty cents apiece, netting roughly two hundred eighty one thousand dollars while the stock sits near its fifty-two week low. Insider sales at depressed prices raise questions about internal conviction in the company's near-term trajectory, and the market will be watching closely.
On the retail side, Costco is trading near nine hundred forty five dollars a share, and analysts are urging investors to take a breath. The membership model remains structurally sound and the brand loyalty is real, but at that valuation, the stock is pricing in near-perfection — leaving very little margin for any earnings disappointment or consumer spending softness.
That's the tape. Markets Desk, signing off the floor.
