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Steve Grasso, director of institutional sales at Grasso Global, highlights a recent meeting between U.S. President Donald Trump and President Xi in Beijing, which saw notable figures such as Tim Cook, Elon Musk, Jensen Huang, Ortberg, David Solomon, Stephen Schwarzman, and Larry Fink all arriving on the same flight.
Grasso states that China stopped accepting Boeing BA deliveries in April 2025, putting a $47 billion, 500-jet deal at stake for the airline manufacturer.
Grasso has previously commented on equity positions, reporting the sale of ALGM, MXL, and NVTS shares after significant gains in his ENIGMA portfolio. He also noted purchasing RVMD calls based on new research coverage. Earlier, Grasso highlighted that INFQ rose more than 9 percent and IONQ climbed over 7 percent despite market volatility.