President Trump is expected to hold a trilateral summit with Chinese President Xi Jinping and Russian President Vladimir Putin next Thursday on the sidelines of the APEC conference in Shenzhen, China. The New York Post first reported the meeting, citing a White House official, and said the discussion is expected to focus on an ambitious nuclear arms control pact, with possible additional talks on the war in Iran and North Korea. Beijing has since confirmed for the first time that discussions are underway, with foreign ministry spokesperson Mao Ning saying China "is in communication with relevant parties regarding a meeting between the three heads of state." Trump himself told reporters he expects to meet both leaders in Shenzhen, saying "we're talking a lot of things, including denuclearis
The meeting would be historic — the first trilateral summit of the leaders of the three nations that control most of the world's nuclear weapons. Trump has said he is open to three-way arms control talks with Xi and Putin, with denuclearisation as a key focus. The Wall Street Journal reported that Putin hopes to use the meeting to discuss ending the Russia-Ukraine war and secure a peace deal favorable to Moscow. Trump has not met Putin in person since a summit last August in Alaska focused on brokering an end to the Ukraine war, and he hosted Xi at the White House in September.
The New York Post reported that President Trump will hold a trilateral summit with Xi Jinping and Vladimir Putin next Thursday on the sidelines of APEC in Shenzhen, focused on nuclear arms control. Beijing has confirmed discussions are underway, though nothing is finalized.
The U.S. Air Force confirmed it responded to "suspected unauthorized drone activity" over RAF Lakenheath in Suffolk, England, on Friday. No personnel, aircraft or infrastructure were affected. Security levels at U.S. bases in England had already been raised earlier in the week due to reported threats from Iran.
AThe New York Post is reporting that President Trump will sit down with Xi Jinping and Vladimir Putin next Thursday in Shenzhen.
BA three-way summit. First time the leaders of the three biggest nuclear powers have ever met like that.
AAnd it's on the sidelines of APEC, the Asia-Pacific economic forum. Beijing says discussions are underway, though nothing is finalized.
BThe Post says the focus is an ambitious nuclear arms control pact. Trump himself told reporters he expects to meet both leaders, and he mentioned denuclearisation.
AThat's the part I want to see. Three countries control almost all the world's nuclear weapons. If they actually talk about reducing them, that's historic.
BHistoric if it happens. Putin's not flying to Shenzhen to give up his arsenal. The Wall Street Journal says he wants to use the meeting to push for a Ukraine peace deal that favors Moscow.
ARight, so the arms control talk might be the headline, but the real agenda could be Ukraine. And maybe Iran, maybe North Korea.
BTrump hasn't met Putin in person since that Alaska summit last August. He hosted Xi at the White House in September. So this would be the next big move.
AAnd the Kremlin has confirmed preparations are underway. That's a real signal. When Moscow says it's getting ready, it's not just a rumor.
BI'll say this: if Trump pulls off a trilateral arms deal, that's a legacy moment. But I'm not holding my breath. Putin negotiates from strength, and Xi plays the long game.
ASo you're saying it's a big deal, but probably not the deal they're advertising.
BExactly. The meeting is real. The outcome is anyone's guess.
AMeanwhile, a very different kind of alert. Three UK bases used by the US Air Force have been raised to their highest security level after suspected drone activity over RAF Lakenheath.
BThe Air Force confirmed it responded to suspected unauthorized drones over the base in Suffolk, England. No personnel or aircraft were affected.
AAnd this comes after security levels at US bases in England were already raised earlier in the week because of reported threats from Iran.
BSo you've got drones over a fighter base, and a known threat stream from Iran. That's not a coincidence. That's a pattern.
AThe War Zone has been tracking this. Drones over military installations are a real problem. They're cheap, hard to stop, and they can gather intelligence or just test defenses.
BAnd the response is always the same: raise the alert level, investigate, and say what was affected. But the fact that they raised it to the highest level tells you they're taking it seriously.
AOne more from the rumor mill. Polymarket posted that Elon Musk announced a petition to reinstate Jensen Huang as Nvidia CEO.
BThat one's unverified. No credible reporting confirms it. Jensen Huang is still Nvidia's chief executive. There's no evidence he was removed or that any petition exists.
ASo that's a claim floating around, not a fact. And it's the kind of thing that moves markets if people believe it.
BWhich is exactly why we flag it. Nvidia's had a rough stretch, but Huang isn't going anywhere. The board hasn't said a word about replacing him.
AAnd if Musk were actually pushing a petition, you'd see it on his own account, not just a Polymarket post.
BRight. So treat that one as noise until someone credible confirms it.
ASpeaking of noise, a trader on X posted a watchlist of speculative tickers. Children's Place, Addex Therapeutics, Investcorp Credit Management. The usual premarket movers.
BChildren's Place is bouncing after a Chapter 11 filing. That's a classic speculative rebound. The stock was up almost four hundred percent premarket, according to one account.
AFour hundred percent on a bankruptcy filing. That tells you everything about how frothy this market is.
BIt's a casino. People are buying a retailer that just filed for Chapter 11 because they think it'll squeeze. No fundamentals, just momentum.
AAnd the volume leaders, per the same account, were Paramount and Cenntro. Paramount was reportedly up twenty-two percent premarket. That's a real story, but the rest is speculation.
BI'll say this: a bankruptcy stock spiking premarket is a gamble on momentum, not analysis.
AFair. And that's the market on a Friday afternoon. A historic summit in the works, drones over a US base, and a bankruptcy stock up four hundred percent.
BNever a dull moment. We'll keep an eye on all of it.