Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

NEW YORK, May 18 (Fortune) — Per a new Fortune report, U.S. President Trump’s surprise that NVIDIA CEO Jensen Huang doesn’t own a private jet is hardly surprising. Hours before Trump departed for the highly anticipated China summit, the U.S. leader arranged for Huang—billionaire co-founder of the chipmaker whose technology powers the global AI boom—to join the group of business leaders heading to Beijing, alongside JPMorgan Chase’s Jamie Dimon and Boeing CEO Dennis Muilenburg. Huang arrived late to the delegation but was still welcomed. In the end, Huang boarded Air Force One with Elon Musk and other business figures, after Trump made a spot for him. The report notes the key reason Huang wasn’t on the initial guest list: he never reached out to request inclusion.

May 18 – Iranian Foreign Ministry spokesperson Baghaei says Iran is currently focused on ending the war. (FXStreet)

May 18 – Per NADA NEWS, ReYuu Japan, a Japanese firm listed on the JASDAQ exchange, announced the termination of its basic financing framework agreement with Canadian-listed company Universal Digital Inc. The pact was originally scheduled to expire in October 2025. ReYuu Japan stated that the current capital market environment surrounding cryptocurrency treasury strategies has shifted, with investors growing more cautious. Universal Digital voluntarily proposed the termination, citing a need to adjust its business operations and financing policies. The agreement had been intended to provide a maximum of $100 million (approximately 15 billion yen) to support ReYuu Japan in using external funds to acquire cryptocurrencies. However, the deal was never structured as a formal loan contract; its specific terms were never finalized, and no actual financing had been completed before the termination announcement. The company also emphasized that this termination does not mean it is abandoning

As of May 18th, the US Dollar Index (DXY) has bounced back above 99, hitting a nearly six-week high and trading at 99.18 as of press time. Notably, the last time DXY topped 99 was on April 8, when Bitcoin fell to a low of $71,000. That same level also marked the start of Bitcoin’s current rally off its bottoming range.

On May 18, Chain.info reports that a whale holding 132,000 ETH borrowed 10.6 million USDT from both Spark and Aave three hours prior. The whale subsequently used those borrowed funds to purchase 5,001 ETH at an average price of $2,120. Currently, this whale holds a total of 137,400 ETH, valued at roughly $290 million, including leveraged positions through Aave and Spark. The liquidation price for these positions is approximately $1,324.

On May 18, a spokesperson for Iran’s Ministry of Foreign Affairs stated that the Pakistan-mediated negotiation process remains ongoing. (FXStreet)