Eurozone May retail sales +0.2% MoM vs +0.3% expected; April revised to -0.3% from -0.4%.

SemiAnalysis said NVIDIA (NVDA.O) has delayed its next-generation flagship Kyber rack architecture—designed for the 2027 Rubin Ultra chip—by more than 12 months to 2028 after encountering manufacturing problems with the system's PCB mid-board. SemiAnalysis said NVIDIA currently has no mature solution to scale Rubin Ultra, a shortfall that could open a rare technical window for competitors AMD (AMD.O) and Google (GOOG.O), whose in-house chips have been adopted in leading AI labs.

A senior U.S. official said Trump will arrive Tuesday for the NATO summit. His first meeting will be with summit host Turkish president Erdogan. The White House said he will also meet Syrian president Shala and hold a press conference. Trump will meet Ukrainian president Zelenskiy on Wednesday to discuss ending the Russia-Ukraine war; the official said the battlefield has largely reached a stalemate and the president intends to push for a ceasefire as soon as possible. The official added Trump will urge NATO allies to increase defence spending.