Nvidia Faces Export Restrictions, Stocks Decline

According to Odaily, U.S. stock futures saw significant declines with Nvidia shares dropping 6.83% due to a $5.5 billion cost associated with U.S. export restrictions on its H20 product. Tesla's stock also fell by 3.03%, while ASML experienced a 5.4% decrease following a 45% drop in new orders for the first quarter, falling short of expectations. European stocks also faced a downturn, with some indices dropping over 7%.