Trading Weekly AI News

June 30 - July 8, 2025

This week saw significant AI-driven developments in global trading markets. AI-powered predictions for gold prices indicated potential volatility, with ChatGPT projecting a range between $3,210-$3,440 per ounce amidst shifting U.S.-China trade tensions.

U.S. stock markets soared to record highs on June 30, driven by AI-centric technology stocks like NVIDIA, Alphabet, and Amazon, which gained 1.7%, 2.9%, and 2.8% respectively. The Nasdaq Composite closed at a historic 20,273.46 points due to this AI stock surge.

Broadcom emerged as a standout performer, climbing nearly 14% in June. This growth was fueled by its AI chip dominance, with AI-related revenue jumping 46% to $4.4 billion last quarter. The company also launched its new Tomahawk 6 switch designed specifically for AI infrastructure needs.

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