Technology & AI
- Xiaomi MIMO-V2.5 series large model open beta launches, including MIMO-V2.5,
V2.5-Pro, TTS, and ASR series
- ByteDance has officially launched Seed3D 2.0, a next-generation 3D generation
model with higher precision
- SpaceX warns of “substantial capital expenditures” including from manufacture
of graphics processing units (GPU), S-1 filing shows
- SpaceX sees $26.5 trillion of total addressable market from AI, according to
filing
- DeepSeek mulls share buyback or performance-based valuation: FT
EVs, Robotics & Industry
- Tesla to start preparing first humanoid robot factory in Q2
- Tesla’s third-generation humanoid robot to debut mid-year, production set for
July-August 2026
- Tesla’s self-driving ride-hailing service sees dramatic growth, preparing for
new markets
- XPeng president: expect full-scale delivery of flying cars in terms of volume
production next year
- XPeng president: will mass producing robots towards Q4, plans to expand
significantly with external partners next year
- Tesla’s market share in EU, Britain, EFTA in March rises to 3.3% vs BYD’s
2.4%; Tesla BEV market share at 15.3%
China Policy & Regulation
- China MOFCOM, SAMR: to prioritize standards development in software, data
flow, and new tech integration with AI and VR
- China commerce ministry: US tax refund measures a positive step in correcting
mistakes
- Hong Kong’s Securities and Futures Commission reaches agreement with PwC for
shareholder compensation of HK$1 billion regarding false financial statements of
China Evergrande Group for 2019 and 2020
Geopolitics & Iran Conflict
- Trump: we have total control over Strait of Hormuz
- Trump: Hormuz is sealed up tight until Iran can make a deal
- Trump: Iran deal only made when appropriate and good for US, allies and world
- Trump: if there is no deal with Iran, I’ll finish it up militarily
- US military developing plans to target Iran’s Strait of Hormuz defenses if
ceasefire fails - CNN
- Hamideh Reza Haji Babai, deputy speaker of the Islamic Consultative Assembly:
any negotiations are prohibited until the United States admits to its failure
- No Israeli activity in Iranian airspace - Israel’s Channel 13 cites military
source
- Iranian sources deny Ghalibaf resignation report
Corporate & Earnings
- Intel 1Q rev. $13.58B, est. $12.36B; Intel sees 2Q revenue $13.8B to $14.8B,
est. $13.04B
Markets & Commodities
- CME cuts initial margin on its COMEX 100 gold futures to 6% from 7%
