Nasdaq-100 erased gains and turned negative.

Swiss National Bank vice chairman said liquidity and capital measures are key to addressing weaknesses exposed by the Credit Suisse crisis. Using CET1 capital to fully back overseas holdings will fill the shortfall; the measure is proportionate and will bring UBS in line with international peers.

Ming‑Chi Kuo says Amazon will develop in‑house processors for consumer electronics to lower chip costs and free capital for AI infrastructure. Amazon's free cash flow was about $1.2bn in 2026 Q1. From 2027 it will gradually adopt a COT (customer‑owned tooling) model similar to Trainium for these chips, with Shixin handling backend design and testing; full conversion could reach roughly 40m units shipped annually.