Key News
1. Sources: The US has agreed to temporarily waive oil sanctions on Iran during negotiations.
2. Musk: SpaceX may achieve fully rapid reusable rockets this year.
Individual Stock News
1. Tencent Music (TME.N): Acquisition of Himalaya has been completed.
2. Sohu (SOHU.O) reported Q1 2026 revenue of $141 million, a year-on-year increase of 4%.
3. Baidu (BIDU.O) rose more than 5% pre-market, with core AI new business revenue exceeding 50% for the first time.
4. Tesla (TSLA.O) raised prices for its Model Y for the first time in two years, seeking profit recovery amid sales pressure.
5. iQiyi (IQ.O) released its Q1 2026 financial report: total revenue of 6.23 billion yuan, with membership revenue increasing sequentially.
6. Ford Motor (F.N) rose more than 6% pre-market, with its subsidiary signing a battery energy storage cooperation agreement with EDF.
7. XPeng Motors (XPEV.N): Plans to launch pilot operations of driverless taxis in the second half of the year to verify the feasibility of the technology.
8. Dominion Resources (D.N) surged over 14% after NextEra Energy agreed to acquire the company, setting a record for the largest power sector merger in history.
