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Nvidia (NVDA) and Palantir (PLTR) urge the US not to ban ‘open’ AI models after China scare, FT reports

StockNow breaking-news AI analysis

Nvidia and Palantir are opposing a potential US ban on open AI models, arguing they are vital for security and market growth despite rising concerns over Chinese competition and IP theft.

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday