Trump, Xi to Hold Call; FedEx Sees Sales Growth Amid $1B Tariff Hit | Bloomberg Brief 9/19/2025

Donald Trump announced that he and Xi Jinping have reached a preliminary agreement regarding TikTok, marking their first direct communication since June. While this development suggests progress in negotiations, the lack of specific details about the deal raises questions about its implications and timeline. This news is significant as it highlights ongoing international discussions around technology and data privacy, particularly involving major platforms like TikTok.

Donald Trump's ongoing conflict with the media has escalated, highlighted by ABC's surprising decision to suspend Jimmy Kimmel's show indefinitely. This move follows Kimmel's critical monologue about Trump, showcasing the increasing tension between the administration and major media outlets. This situation is significant as it raises concerns about press freedom and the potential chilling effect on comedians and journalists who challenge political figures.

Former board members of Intel are suggesting that the company should consider going private, especially after its rival Nvidia has attracted significant investment from major shareholders. This move could potentially allow Intel to restructure and focus on its core business without the pressures of public market scrutiny. The discussion highlights the ongoing challenges Intel faces in a competitive landscape and raises questions about the future direction of the company.

In a significant development, US President Donald Trump and Chinese President Xi Jinping have engaged in discussions regarding trade and a potential deal for American companies to acquire TikTok. This conversation could pave the way for a resolution that benefits both nations and addresses concerns surrounding the popular app's data security. As the situation evolves, it highlights the ongoing complexities of US-China relations and the importance of technology in global trade.

In a significant development, President Trump announced plans to meet with Chinese President Xi Jinping at the upcoming APEC summit, while also highlighting a TikTok deal that is nearing approval. This meeting could pave the way for improved U.S.-China relations and economic collaboration, especially in the tech sector. Additionally, United Nations General Assembly President Annalena Baerbock is preparing for high-level meetings next week, indicating a busy period for global diplomacy. These events are crucial as they reflect ongoing efforts to stabilize international relations amidst various global challenges.

President Donald Trump announced that he will meet with Chinese President Xi Jinping at the upcoming APEC summit in South Korea next month. This follows a productive phone call where they discussed key issues like trade, fentanyl, and the ongoing war in Ukraine. The meeting is significant as it could pave the way for important agreements, especially regarding TikTok, and reflects a willingness from both leaders to engage in dialogue during a time of heightened tensions.

US crop markets experienced a decline on Friday as traders processed the details of a phone call between President Donald Trump and Chinese President Xi Jinping. This conversation is significant as it reflects ongoing trade relations between the two countries, which can have a direct impact on agricultural exports and market stability.

Nvidia's recent $5 billion investment in Intel is being viewed as a strategic move to demonstrate alignment between the two tech giants. While the investment may seem minor to shareholders, it symbolizes a commitment to collaboration in an increasingly competitive market. This partnership could lead to innovative developments and strengthen both companies' positions in the industry, making it a noteworthy event for tech enthusiasts and investors alike.

Nvidia is considering a significant $500 million investment in the UK-based self-driving startup Wayve, which could greatly enhance the development of autonomous vehicle technology. This investment highlights Nvidia's commitment to advancing AI and self-driving capabilities, potentially leading to breakthroughs in transportation and mobility. The partnership could also bolster the UK's position in the global tech landscape, attracting further investments and innovation in the sector.

President Donald Trump's ongoing conflict with the media has intensified following ABC's decision to suspend Jimmy Kimmel's show indefinitely. This move came after Kimmel's monologue that humorously addressed Trump's reaction to the assassination of Republican activist Charlie Kirk. Trump's adversarial stance towards media outlets raises concerns about press freedom and the potential chilling effect on comedic expression, making this situation significant in the broader context of media relations and political discourse.

Foreign insurers are once again investing in US assets after a slowdown during the early months of President Donald Trump's second term. This renewed interest highlights the attractiveness of the US market for international investors, signaling confidence in the economic landscape and potential growth opportunities.

FedEx has reported a strong first-quarter performance, with shares rising due to increased U.S. deliveries and effective cost-cutting measures. This positive news highlights the company's ability to adapt to market demands and improve profitability, which is crucial for investors looking for stability in the logistics sector.

Michael Froman discusses the evolving landscape of global trade, highlighting a new 'polyamorous' approach that embraces multiple partnerships and collaborations. This shift is significant as it reflects the complexities of modern economies and the need for nations to adapt to changing dynamics. By fostering diverse trade relationships, countries can enhance their economic resilience and create more opportunities for growth.

Australia's Optus is facing significant backlash following a major outage of its emergency call services, prompting the company to pledge cooperation with ongoing investigations. This incident raises serious concerns about the reliability of telecommunications during critical situations, highlighting the importance of robust infrastructure and accountability in the sector.

Polestar, the electric vehicle manufacturer, has announced a recall of over 27,000 vehicles in the US due to a rearview camera issue, as reported by the National Highway Traffic Safety Administration (NHTSA). This recall is significant as it highlights ongoing safety concerns in the EV industry, emphasizing the importance of reliable safety features in vehicles. Consumers need to be aware of such recalls to ensure their safety on the road.

AI-selected stocks have surged over 150%, significantly outperforming the S&P 500 by 111%. This remarkable performance highlights the growing influence of artificial intelligence in investment strategies, showcasing its potential to identify lucrative opportunities in the market. As investors increasingly turn to AI for guidance, this trend could reshape how portfolios are managed and lead to more informed decision-making.

Kering's recent performance has sparked discussions about whether its rebound is sustainable or just a temporary fluctuation. Bernstein analysts have weighed in, suggesting that while there are positive indicators, investors should remain cautious. This matters because Kering is a major player in the luxury goods market, and its stock movements can influence broader market trends.

Governing Council member Gediminas Simkus has emphasized the importance of the European Central Bank lowering interest rates in December to maintain a healthy balance between inflation and economic growth. This move could help ensure that inflation remains around the target of 2%, which is crucial for economic stability in the Eurozone.