Trump's Beijing summit reshapes US-China trade dynamics. President Trump met with tech leaders Elon Musk and Jensen Huang in a high-stakes negotiation that could significantly impact global technology markets and supply chains. Simultaneously, US wholesale inflation spiked sharply, raising concerns about Federal Reserve policy direction. Cisco announced major AI-driven restructuring, signaling continued tech sector transformation. In South Africa, investment managers Piet Viljoen and Magnus Heystek discussed their million-rand investment challenge while SA markets showed surprising outperformance. However, investors face growing threats from sophisticated financial fraud schemes, with FXSI's AI deepfake scam continuing to target pensioners, highlighting critical cybersecurity risks in the financial services sector.
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