Key News
1. The European Parliament approves the US-EU trade agreement.
2. US initial jobless claims for the week ending March 21 were 210,000, in line with expectations and the previous week's figure of 205,000.
Stock News
1. XPeng Motors (XPEV.N): Huitian's land-based aircraft carrier-grade battery cells have entered mass production.
2. Google (GOOG.O) launches its TurboQuant compression algorithm, claiming approximately 6 times memory savings.
3. Sony (SONY.N) and Honda Motor announced they will terminate the development and launch of their Afeela series of electric vehicles.
4. ASML (ASML.O) employees staged their second large-scale strike at their Feldhoven headquarters in the Netherlands, with over 4,500 employees participating.
5. According to Nikkei, Toshiba, Rohm, and Mitsubishi Electric will begin negotiations to merge their power semiconductor businesses, with an announcement expected as early as Friday.
6. Jefferies (JEF.N): Q1 2026 revenue increased 26% year-over-year to $2.017 billion, net income increased 22% year-over-year to $156 million, and earnings per share were $0.70, lower than market expectations of $0.87.
7. Pony.ai (PONY.O): In 2025, the company's total revenue reached 629 million yuan, a year-over-year increase of 20%; it expects its Robotaxi fleet to reach more than 3,000 vehicles by the end of 2026, with Robotaxi deployed in more than 20 cities at home and abroad.
