Trump's policy moves and AI sector developments highlight pre-market news

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Bitcoin news highlights pre-market movements as Trump is set to announce new tariffs on several countries this week. The former president also approved ethical AI guidelines under the CLARITY Act, with a Senate vote imminent. U.S. tech debt has risen to $1.65 trillion, while JPMorgan’s CEO warns that investors are downplaying market risks and avoiding stocks and bonds. Goldman Sachs forecasts oil reaching $120/barrel if the Strait of Hormuz remains blocked. AI demand is surging, with NVIDIA’s CMX potentially requiring 100 million TB of NAND units next year, sourced from Samsung. Fear and Greed Index readings indicate mixed sentiment as these developments unfold.

Huo Xing Finance news: On July 21, here is a summary of key market news ahead of U.S. trading: 1. Trump could impose new tariffs on dozens of countries as early as this week; 2. Trump has agreed to the ethics provisions of the CLARITY Act, nearing Senate vote; 3. The "hidden debt" of the five major U.S. tech giants has surged to $1.65 trillion; 4. JPMorgan Chase CEO: Investors are underestimating market risks; currently not buying stocks or long-term U.S. Treasuries; 5. Goldman Sachs: If the Strait of Hormuz remains blocked long-term, international oil prices could exceed $120 per barrel by year-end; 6. AI storage demand intensifies: NVIDIA’s CMX is expected to consume over 1 billion TB of NAND next year, with Samsung already beginning shipments.

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