‘Healthy’ $1.6 Trillion Rout, China’s EU Trade Leverage, $100K Robot Police Dogs

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Stocks edged lower in the runup to Nvidia Corp.’s earnings, a key test for market stability, after concerns over lofty valuations triggered a selloff that wiped out about $1.6 trillion from global equities.

(2) Nvidia, the world’s most valuable company, is set to deliver a quarterly report Wednesday that could assure Wall Street that the AI computing boom continues apace — or fuel fears that the tech industry is in a bubble.

(3) China has told Japan it will suspend imports of Japanese seafood, Kyodo News reported, in a move that signals their diplomatic spat is far from over and could further strain economic ties.

(4) The UK’s domestic security service warned British lawmakers of new Chinese-backed efforts to target them online, reigniting concerns about espionage by Beijing around Parliament.

(5) The European Union’s deep economic ties to China are constraining its ability to pressure Beijing over Russia’s war in Ukraine, the bloc’s top diplomat said.

(6) Donald Trump’s firm control of Washington showed signs of weakening Tuesday as Congress voted to compel the Justice Department to release its files on sex trafficker Jeffrey Epstein, whose earlier ties to the president have been the subject of intense scrutiny.

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