Good morning and welcome to Markets Desk.
Nvidia is absorbing a bruising week, shedding nearly five hundred billion dollars in market capitalization following Jensen Huang's departure as chief executive. Despite the selloff, the chipmaker remains a four trillion dollar colossus, and investors are now scrutinizing its AI financing strategy and neocloud credit exposure without its longtime architect at the helm.
Shifting from silicon to steel, BAE Systems has signed an agreement to help Ukraine develop a domestic variant of the L one nineteen Light Gun, the battle-tested British artillery piece already in use by Ukrainian forces. The deal is significant because it moves beyond weapons supply toward sovereign manufacturing capacity, giving Ukraine a long-term production base rather than continued dependence on foreign deliveries.
And in Washington, President Trump has signaled he wants to, in his words, get Cuba done before leaving office, raising the prospect of military force against the island nation. The statement lands as the United States continues enforcing a comprehensive economic embargo, and the remarks are already drawing scrutiny from foreign policy circles watching for any escalation in the Caribbean.
That's the tape. Markets Desk, signing off the floor.
