Global markets nudged higher as investor focus remains on possible Federal Reserve rate cuts later this year, tempered by recent U.S. visa policy changes. Asian equities rose, led by gains in Tokyo and Taiwan, offsetting weaker performance in India where tech stocks remain under pressure from new H-1B application fees. The U.S. dollar held steady. Oil prices crept up and gold stayed near highs as geopolitical risks persist. Overall, markets are cautiously optimistic but sensitive to macro policy announcements.

Nvidia has teamed up with Abu Dhabi’s Technology Innovation Institute (TII) to launch a joint AI and robotics research lab — the first Nvidia AI Technology Center in the Middle East. The center will focus on robotics, humanoids, robotic arms, and advanced AI computing using Nvidia’s new Thor chip. The lab supports the UAE’s strategic push to become a global AI leader, and aims to attract talent and investment. Observers see this as part of a broader trend of tech firms expanding R&D outside traditional hubs.