Technology / AI / Semiconductors
- Tencent has launched ClawBot, connecting its WeChat platform with the OpenClaw
AI agent.
- Tesla and SpaceX have unveiled “Terafab,” a joint $25 billion chip fabrication
facility in Austin, Texas, that Elon Musk claims will produce 1 terawatt of
computing power annually.
- Huawei Unveils 950PR AI Chip, delivering performance 2.87x that of the H20
- Huawei has launched the Atlas 350 accelerator, targeting AI inference rather
than model training.
- OpenAI plans to almost double its headcount by the end of 2026 as it seeks to
fend off competition companies such as Anthropic PBC and Alphabet Inc.’s
Google
Macro/Central Banks/Policy
- PBOC Governor: Current account surplus accumulated by China is allocated to
different regions and industries worldwide through foreign investment by Chinese
enterprises and the banks
- China: This year, 250 billion yuan of ultra-long-term special treasury bonds
will be arranged to support the exchange of consumer goods
Geopolitics / Energy / Iran
- Iran says Hormuz open to all but 'enemy-linked' ships amid US threat
- Iran collected about $2 million in transit fees from some vessels passing
through the Strait of Hormuz, an Iranian lawmaker has said.
- Iran’s military says Strait of Hormuz will be ‘completely closed’ if US bombs
power plants
- U.S. eases Iranian oil sanctions in scramble to contain energy prices, handing
Tehran a boost
- Trump: U.S. could end Iran military operations ‘right now’ but will continue
so Iran can ‘never rebuild’
- Bessent: Let’s just pick 50 days of temporary elevated prices. Prices will
come off on the other side for 50 years of not having an Iranian regime with a
nuclear weapon.
Politics / Polls
- Trump approval rating hits new low; disapprove at 63 percent; approve at 34
percent; latest ARG poll shows weakest approval levels recorded so far
Diplomacy/US–China
- China Vice-Premier He Lifeng met with a delegation from the US-China Business
Council on Sunday in Beijing
M&A/Corporate Actions
- Zijin Mining Moves to Take Control of Chifeng Jilong Gold in RMB18.3 Billion
Deal
