Markets track US-China trade talks, Meta's AI strategy, and Costco's quarterly earnings to assess geopolitical risks and consumer spending trends.
Costco's fiscal Q4 results will provide insight into consumer spending and inflation impact, with prior sales beat expectations.
Meta's Connect conference and AI product updates could influence investor sentiment on its AI infrastructure spending.
Nvidia CEO's comments on AI safety and demand reinforce the company's central role in AI infrastructure.
Global markets brace for a high-stakes week featuring a diplomatic summit between President Trump and President Xi Jinping alongside the UN General Assembly. Investors are also focused on Meta's Connect conference for AI infrastructure updates and Costco's fiscal Q4 results to gauge the health of the US consumer amid persistent inflation.
Key catalysts include the high-level meeting between Trump and Xi, Meta's Connect conference, Costco's fiscal Q4 earnings, and the release of preliminary US PMI data.
Industry leaders like Meta's Mark Zuckerberg and Nvidia's Jensen Huang are emphasizing safety investments and competitive incentives, even as some researchers call for stricter regulatory safeguards.