February 21st overnight news summary

1. The Supreme Court of the United States rejected on Friday President Trump's comprehensive tariff policy based on an emergency law. 2. After the Supreme Court overturned most of President Trump's tariff policies implemented last year, Trump said he would sign an order to impose a 10% global baseline tariff, and also initiate a series of investigations to prepare for imposing more import tariffs. 3. European Union lawmakers will hold an emergency meeting on Monday to reassess the trade agreement between the EU and the United States. 4. It was reported that the U.S. aircraft carrier strike group "Gerald R. Ford" has currently entered the Mediterranean and is heading towards the Middle East to meet with other military forces of that country. 5. Spot gold rose 2.15% to $5104.90 per ounce, with a cumulative increase of 1.27% this week. 6. Google is exploring new ways to expand its artificial intelligence chip market, trying to use its financial strength to build a broader AI ecosystem to better compete with market leader Nvidia. 7. OpenAI has informed investors that it plans to invest a total of approximately 600 billion dollars in algorithmic development by 2030. 8. The Supreme Court of the United States ruling on the legality of Trump's tariff policy on Friday did not provide answers on how businesses can recover refunded tariffs. Importers and retailers may face a long and arduous battle to recover up to $170 billion in tariffs already paid to the U.S. government. 9. White House National Economic Council Director Kevin Hassett stated that the GDP data released on Friday for the fourth quarter was "somewhat disappointing."