U.S. stock futures are indicating a strong upward trend following announcements of a trade deal with the U.K. and potential changes in AI chip export regulations. Alphabet (GOOGL) shares are recovering slightly after a sharp decline yesterday due to concerns over its Google search business. Chipmaker stocks are also gaining as the Trump administration considers repealing certain AI chip restrictions. Additionally, AppLovin (APP) shares are surging following robust earnings and news of selling its mobile gaming division.
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