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1. European stocks might finally get out of their recent range and start rallying again.

“We’re gradually taking away downside risks, which is enough to take markets higher,” says Kallum Pickering, chief economist at Peel Hunt. Trade risks have been weighing on sentiment in Europe as well as on earnings forecasts, but peak pessimism may now have been reached for trade proxies. Forward earnings for a basket of European stocks exposed to China and US tariffs have been slashed 15% and 22% since the start of the year, respectively, but have finally stabilized this month.

2. Shares in European defense companies down.

As part of the trade deal, the EU agreed to purchase “vast amounts” of military equipment from the US.

Here are Rheinmetall and Renk.

3. “Some day Tesla will have to live on the same planet as other car makers.”

4. Edge AI is the next big thing.

Edge refers to running AI algorithms locally, directly on the user's device. This covers smartphones, notebooks, AI glasses, drones, AR/VR, and automotives as the major data capturers and processors.

Doing on-device processing – edge computing – offers different advantages vs. processing data in the cloud.

The key advantages of Edge computing vs. cloud computing are: 1) personalization; 2) low cost per query; 3) availability offline/on-demand; 4) low latency vs. data centers; and 5) privacy and security with anomaly detection.

Below: Edge AI is estimated to grow at 37% per year.

5. Edge AI stocks.

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