Thursday's News Links

[CNBC] Dow retakes 50,000 as Cisco jumps, Boeing gains: Live updates

[Yahoo/Bloomberg] Oil Steadies After Trump-Xi Talks as Iran War Remains in Limbo

[Yahoo/Bloomberg] Japan’s Long-Dated Bonds Slump as Global Rout Adds Pressure

[Reuters] Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation

[AP] Retail sales up 0.5% in April from March as higher gas prices leave less room for nonessential items

[AP] US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast

[AP] Trump offers platitudes while Xi warns of coming confrontation during China summit

[AP] China’s Xi warns Trump that differences over Taiwan could lead to conflict

[AP] Trump has fanfare-filled meeting with Xi in China, but major breakthroughs may be elusive

[CNBC] Xi asks Trump if U.S. and China can avoid ‘Thucydides Trap’ at high-stakes summit

[Yahoo/Bloomberg] What Is The Thucydides Trap and Why Did Xi Raise It With Trump?

[Reuters] Iran war overshadows Trump's China visit as peace talks stall

[Reuters] Trump wants China's help on Iran. Beijing may have other ideas

[Reuters] New attacks hit ships near Hormuz as Trump discusses Iran with Xi

[AP] Ship is reported seized off the coast of the UAE and is heading toward Iran

[Axios] The energy squeeze behind the Iran war and AI boom

[Reuters] Iran, Ukraine wars deliver worst hit in years to oil refining output

[Axios] Trump's killer quote exposes his bind on Iran and inflation

[Yahoo/Bloomberg] AI Bond Binge Overwhelms Wall Street, Pushes Alphabet Abroad

[Reuters] BOJ board member Masu calls for early rate hike, joins hawkish chorus

[Reuters] TSMC says global chip market to hit $1.5 trillion by 2030 as AI drives growth

[Reuters] Russia pounds Ukraine in heaviest wartime drone attack over two days

[Yahoo/Bloomberg] Kushner Disappoints Mideast Clients Who Spent Millions Seeking Sway

[Bloomberg] Xi’s Threat to Trump Cements Taiwan as Top Risk to US-China Ties

[Bloomberg] Trump Tells Xi US-China Relations Will Be ‘Better Than Ever’

[Bloomberg] Why the Bond Market Looms So Large Over British Politics

[Bloomberg] China Credit Growth Misses Expectations as New Loans Shrink

[Bloomberg] Stavridis: Trump’s Troop Drawdown in Germany Is a Warning Shot

[Bloomberg] Amazon’s AI Success Sends Stock Racing Toward $3 Trillion Club

[Bloomberg] BOJ’s Masu Says Rate Hike Desirable at ‘Earliest Stage Possible’

[Bloomberg] World’s Biggest Stock Rally Ignites Speculative Mania in Korea

[Bloomberg] El Niño Odds Rise as Storm and Crop Threats Intensify Globally

[WSJ] Trump and Xi Begin Superpowers’ Summit on Trade and War

[WSJ] Xi’s Taiwan Warning to Trump Highlights Tensions in Beijing Summit

[WSJ] How Eight Tumultuous Years Pushed Jerome Powell and the Fed to the Limit

[WSJ] Hedge Funds Are Making a Killing in the ‘Golden Age’ of AI Hardware

[WSJ] China’s Best and Brightest Tech Talent Is Going Back to China

[FT] US-China relations depend on Taiwan, Xi Jinping warns Donald Trump

[FT] What Xi Jinping and Donald Trump want from their Beijing summit

[FT] AI desperately needs more adult supervision

[FT] Swap lines are geopolitical infrastructure