U.S. credit downgrade joins AI and UAE dealmaking in Saturday news

U.S. markets were closed Saturday. The White House criticized Moody's downgrade of the U.S. credit rating as political. Qualcomm partnered with Saudi AI company Humain on datacenter chips, while Apple's Alibaba partnership for AI on Chinese iPhones faced U.S. national-security and data-sharing concerns. Trump renewed pressure on Powell for earlier rate cuts, and UAE agreements totaling $200 billion were paired with ADNOC's plan to raise U.S. investment to $440 billion over the next decade.