China Stimulus: PBOC, Property Sector and Asia Equity Flows

The Iran war has cut crude and fuel flows through the Strait of Hormuz by nearly 6 million barrels per day in Q1 2026, a seismic energy shock that has reignited inflation fears and forced US long-bond yields above 5% for the first time since 2007. Energy importers face margin pressure, while producers, defence contractors, and hard asset beneficiaries see valuations reassessed upward.

NVIDIA CEO Jensen Huang was invited last-minute to join President Trump's delegation to Beijing on May 13, prompting NVDA to post fresh record highs and hit a $5.5 trillion market cap. The move signals potential US-China AI normalisation and unlocks optionality for chipmakers hedged on geopolitical risk, lifting semiconductor sector sentiment and call premium buying.

Bullish single-leg call buying across the Magnificent Seven hit $249 million in a single day, with NVIDIA, Tesla, and Apple accounting for 46% of total premium. NVIDIA gained ground after CEO Jensen Huang joined Trump's last-minute China trip, energizing AI infrastructure optimism despite broader market turbulence.

US producer prices jumped 6% year-over-year in April, the fastest pace since 2022, driven by energy costs tied to the Iran conflict. 10-year Treasury yields hit their highest level since July, forcing investors to re-price rate-cut expectations with Fed now seen on hold longer.

NVIDIA shares surged to all-time highs after CEO Jensen Huang was added to President Trump's last-minute China delegation, becoming the first company to reach a $5.5 trillion market capitalization. The move signals potential thaw in US-China AI chip tensions and elevates geopolitical risk around semiconductor export policy.

Traders deployed over $249 million in bullish single-leg call premium on Mag 7 stocks today, with NVDA, TSLA, and AAPL accounting for 46% of all call buying as stock market gamma hits record highs, signaling accelerating bullish momentum in large-cap equities and potential for continued upside continuation.

Nvidia CEO Jensen Huang was added to President Trump's last-minute China delegation alongside Tim Cook, Elon Musk, and other Fortune 500 leaders. NVDA surged to a record $5.5 trillion market capitalization, marking first-ever corporate valuation milestone and signaling market relief on AI-China trade tensions.

Smart money deployed over $249 million in single-leg call premiums across Mega-cap tech stocks today, with Nvidia, Tesla, and Apple accounting for nearly half of all call buying. This surge in bullish derivatives positioning signals institutional conviction despite macro headwinds.

President Trump landed in Beijing with a high-profile delegation of US business leaders including NVIDIA CEO Jensen Huang, Tesla CEO Elon Musk, Apple CEO Tim Cook, and BlackRock's Larry Fink. The trip signals potential trade deal negotiations but raises uncertainty over tariff outcomes and AI export controls, moving market sentiment on mega-cap tech.

Institutions bought the May 13 dip in QQQ and SPY despite hot inflation data, with GOOGL, MSFT, AAPL, and chip stocks (AVGO, LRCX) showing relative strength, signaling conviction in mega-cap resilience and AI narrative momentum.

Fervo Energy Co. raised $1.89 billion in an upsized IPO and opened 33% above its offering price, capitalizing on investor hunger for clean energy alternatives amid Iran war-driven supply chain disruption and elevated crude prices.

President Trump invited NVDA CEO Jensen Huang, TSLA's Elon Musk, and AAPL's Tim Cook to Beijing at the last minute, signaling potential AI and trade talks. NVDA hit a fresh record and became the first company to reach a $5.5T market cap, lifting Mag 7 sentiment amid $249M+ in bullish call premium.

Large institutions snapped up mega-cap tech shares on May 13 after early weakness, driving recoveries in GOOGL, MSFT, and AAPL despite a broader equity selloff on hot inflation data. Breadth remains pressured, but buyer conviction at support levels suggests institutional positioning is accumulating.

Nvidia CEO Jensen Huang was added at the last minute to President Trump's delegation to China for a summit with Xi Jinping. The stock moved to a fresh record high, making NVDA the first company to hit a $5.5T market cap, as traders bet on eased US-China AI trade tensions.

President Trump invited NVIDIA CEO Jensen Huang to join his Beijing summit with Xi Jinping at the last minute, alongside Tim Cook, Elon Musk, and other CEOs. NVDA jumped to a $5.5 trillion market cap, the first company to reach that milestone, amid optimism over potential AI infrastructure deals and reduced trade tensions with China.

The Iran-US conflict has choked off Strait of Hormuz flows (down 6M barrels/day in Q1), pushing crude and energy input costs higher across automotive, industrial, and agriculture. Supply chain volatility reached its highest level since 2022 as firms stockpile to hedge against further price spikes.

After May 13 weakness tied to inflation data, major institutions were spotted accumulating mega-cap tech names (GOOGL, MSFT, AAPL, AVGO) at lower levels. Options flow and gamma positioning suggest dip buyers are stepping in aggressively, supporting broader market breadth and index recovery.

Nvidia CEO Jensen Huang was a last-minute addition to Trump's China delegation, alongside Tesla's Elon Musk, Apple's Tim Cook, and top executives from BlackRock and Boeing. NVDA shares climbed on the news, hitting a record $5.5 trillion market cap as investors bet on normalized US-China tech trade.

Daiwa Capital downgraded AMD from Buy to Outperform while raising the price target to $500 (from $250), citing extreme valuation after a 150% surge in 60 days. The move signals caution on near-term multiple expansion despite fundamentally positive Q1 results and guidance, reflecting broader semiconductor sector overheating concerns.

NVIDIA CEO Jensen Huang and Tesla CEO Elon Musk joined President Trump's last-minute China delegation, along with Tim Cook and other top CEOs. NVDA hit a record $5.5 trillion market cap while TSLA advanced on the geopolitical symbolism, lifting tech sentiment despite broader inflation concerns.

NVIDIA reached a historic $5.5 trillion market capitalisation on May 13, becoming the first publicly traded company ever to achieve that valuation. The milestone reflects relentless investor appetite for AI infrastructure plays and CEO Jensen Huang's growing stature in the Trump administration.

Jensen Huang, Elon Musk, and Tim Cook flew to China with President Trump for a summit with Xi Jinping, lifting semiconductor and EV stocks. The delegation signals potential deal-making in AI infrastructure and manufacturing, with NVDA hitting record highs and TSLA rallying.

NVIDIA CEO Jensen Huang was added to President Trump's last-minute delegation to China, becoming the highest-profile semiconductor executive on the trip alongside Apple's Tim Cook and Tesla's Elon Musk. The appointment lifted NVDA to a fresh record high and pushed its market capitalization above $5.5 trillion, though it also raises geopolitical questions about US AI infrastructure exports to China.

As NVDA, TSLA, AAPL, MSFT, and other Magnificent Seven names rally on geopolitical optimism and AI narratives, market breadth indicators reveal a sharp deterioration. The top 10 stocks now dominate index returns, concentrating equity exposure and raising concerns about valuation bubble dynamics amid sticky inflation and repriced rates.