Amit Kukreja
US CHINA DEAL IS HERE, BIG TECH EARNINGS CRUSH, PALANTIR HITS $200 | MARKET OPEN
10/30/2025, 12:28:20 PM
Economic Summary
- Roblox (RBLX) experienced an ~11% intraday drop after a company call, implying negative investor reaction to guidance or management commentary and near-term platform or engagement concerns.
- The US-China meeting left unresolved whether advanced NVIDIA (NVDA) chip exports to China will be allowed; export restrictions could materially reduce NVDA sales in China, disrupt AI hardware supply chains, and force strategic shifts.
- Ratcheting geopolitical tensions — including discussion of resumed US nuclear testing and fraught diplomacy — elevate market risk premia and disproportionately threaten companies with China exposure, especially tech hardware and China-facing apps.
Bullish
- NVIDIA remains leader in advanced chips with direct engagement from government
- US-China meeting proceeded as planned, reducing immediate escalation risk
Bearish
- Roblox down ~11% after a company call, signaling investor concern
- Potential US export controls could limit NVIDIA sales to China
- Unresolved US-China tensions and nuclear rhetoric raise market geopolitical risk
Bullish tickers
NVDA
Bearish tickers
RBLXNVDATIKTOK
NVDA
Bullish
Market-leading GPU position and direct engagement with the White House underscore strategic importance and sustained demand.
Bearish
Export restrictions on advanced chips to China could cut a meaningful portion of NVIDIA's revenue and growth.
RBLX
Bearish
Shares plunged ~11% after a company call, signaling operational or guidance concerns and investor selloff.
TIKTOK
Bearish
Fate remains unresolved after US-China talks; regulatory and national security risks could force divestiture or bans.
People mentioned
Donald TrumpXi JinpingJensen Huang