Some follow the noise.

Bloomberg follows the money.

Because behind every headline is a bottom line.

Whether it's the funds-fueling AI or crypto's trillion-dollar swings,

there's a money-side to every story.

And when you see the money-side, you understand what others miss.

Get the money-side of the story., you understand what others miss. Get the money side of the story.

Subscribe now at Bloomberg.com.

Here is your morning brief for Thursday, May 14th.

I'm Luke Vargas for the Wall Street Journal.

The first two days of meetings between President

Trump and Xi Jinping is wrapping up in Beijing. Trump is seeking she's help to end the conflict

in the Middle East and hopes to announce economic deals. That said Asian stock markets have slipped

on early readouts from the talks that focused on Taiwan, highlighting the tensions in the summit.

The Pentagon has abruptly canceled the deployment of an armored brigade to Poland in a major

step toward shrinking the U.S. posture in Europe. That comes after the Pentagon earlier this

month said it would be removing 5,000 troops from Germany after Chancellor Friedrich Mertz

criticized the White House's handling of the

U.S. war with Iran. Moving a combined 9,000 troops out of Europe will bring the U.S. presence on

the continent back to levels last seen in 2022 before the invasion of Ukraine.

And stocks to keep an eye on today include network equipment maker Cisco, which is preparing

for thousands of job cuts as it makes room for more AI spending and other investments.

...