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The Nasdaq fell 5.8% on the second day following Trump’s tariffs announcement, with Nvidia closing down 7.4%, Apple 7.3%, Netflix 6.7%, Meta 5%, and Amazon 4.2% (Todd Spangler/Variety)
Sources: a TikTok deal, which was largely finalized by Wednesday, was put on hold after China indicated it would the reject the deal over Trump’s tariffs (Reuters)
The US SEC says that “covered” US dollar stablecoins like USDT and USDC are not securities, and registration is not required for minting or redeeming them (RT Watson/The Block)
GitHub announces “premium requests” for GitHub Copilot, a new system that imposes rate limits when users switch from the base GPT-4o to other AI models (Kyle Wiggers/TechCrunch)

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