Markets tepid despite Nvidia earnings beat

Nvidia posts an earnings beat but guidance disappoints Wall Street pushing shares down slightly. The chip giant’s CEO Jensen Huang tells CNBC he remains unfazed by lower-cost challengers. President Trump holds his first cabinet meeting, threatening the EU with a new 25 per cent tariff on imports, saying the bloc’s formation was aimed at ‘screwing’ the U.S. Bitcoin attempts to claw back some losses as a global rout sees up to $800bn wiped off global crypto markets. UK Prime Minister Sir Keir Starmer is in Washington for his first meeting with President Trump with Ukraine-focused talks set to dominate the agenda.