President Donald Trump is set to fete Crown Prince Mohammed bin Salman on Tuesday when the de facto leader of Saudi Arabia makes his first White House visit since Saudi agents killed Washington Post journalist Jamal Khashoggi in 2018.

The U.S.-Saudi relationship had been sent into a tailspin by the operation targeting Khashoggi, a fierce critic of the kingdom. U.S. intelligence agencies determined Prince Mohammed likely directed the agents to carry it out. Prince Mohammed denies involvement in the killing of Khashoggi, a Virginia resident. And Trump has only tightened his embrace of the crown prince, whom he views as an indispensable player in shaping the Middle East for decades to come.

The two leaders will unveil billions of dollars in deals, including one to sell the Saudis F-35 fighter jets, and huddle with aides to discuss difficult ways forward in the volatile Middle East before an evening White House soiree organized by first lady Melania Trump.

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Shares in AI companies are dragging markets lower

Wall Street is poised to open with more AI-related losses, just as Trump plans to celebrate a major Saudi investment in U.S. artificial-intelligence infrastructure.

Nvidia, at the center of the craze over AI, slid another 1.1% ahead of its earnings report on Wednesday. This month alone the AI juggernaut’s shares are down 8.6%. Most other chipmakers also retreated early Tuesday, with Micron, Intel and Qualcomm shedding between 1% and 2%. Microsoft fell 1.5% and Amazon lost 1.8%.

Worries that stock prices have shot too high have roiled world markets recently, with big swings in places that rely heavily on exports of computer chips. Critics have been warning that the U.S. stock market could be primed for a drop because of how high prices have shot since April, leaving them looking too expensive.

Prince Mohammed eyes investments in US

He’s determined to diversify the Saudi economy away from oil by investing in sectors like mining, technology and tourism.

To that end, Saudi Arabia is expected to announce a multi-billion dollar investment in U.S. artificial intelligence infrastructure, and the two countries will lay out details about new cooperation in the civil nuclear energy sector, according to a senior Trump administration official who was not authorized to comment publicly ahead of the formal announcement.

An investment summit at the Kennedy Center on Wednesday will include the heads of Salesforce, Qualcomm, Pfizer, the Cleveland Clinic, Chevron and Aramco, Saudi Arabia’s national oil and natural gas company, where even more deals with the Saudis could be announced.

House to vote on releasing Epstein files

The House is expected to vote Tuesday evening on legislation to force the Justice Department to publicly release its files on the late financier Jeffrey Epstein, the culmination of a monthslong effort that has overcome opposition from Trump and Republican leadership.

UN approves Trump’s plan for Gaza

The Trump administration’s blueprint to secure and govern Gaza won strong approval at the United Nations on Monday.

The U.S. resolution authorizes an international stabilization force to provide security in Gaza, approves a transitional authority to be overseen by Trump and envisions a possible future path to an independent Palestinian state.

Immigration enforcement will expand to Raleigh, NC

Federal immigration authorities could expand operations in North Carolina as soon as Tuesday, the mayor of the state’s capital city said.

Customs and Border Protection agents have continued operating in Charlotte, where they arrested more than 130 people over the weekend.