🚗 Li Auto is expanding its reach into the markets of Egypt, Kazakhstan, and Azerbaijan.
💥🇨🇳 Shares of Chinese AI chip developer MetaX surged 700% following its IPO in Shanghai. The company's stock, with the ticker 688802CH, experienced a remarkable increase, attracting significant attention in the market.
🇺🇸 Former President Donald Trump has issued more executive orders this year than during his entire first term, according to the Washington Post.
🚨 Finland's Valmet Automotive has announced that its Uusikaupunki plant will begin producing Sisu GT armored vehicles. Previously, the facility was known for manufacturing Mercedes cars.
💥 The UK has lifted sanctions on the Egyptian Zohar project involving Rosneft, according to TASS.
🤖 In China, researchers are developing a humanoid robot capable of conception, gestation, and childbirth. The project includes a synthetic womb, artificial amniotic fluid, and a plastic umbilical cord. This innovative technology aims to revolutionize reproductive processes. For more details, visit here. Check out MT in MAX for updates.
🛢🇩🇪 Demand for energy carriers in Germany is expected to drop to a historic low this year, marking a significant shift in the country's energy landscape. This decline reflects changing consumption patterns and economic factors impacting the energy sector. For more details, visit BBG.
🇮🇳 The lower house of India's Parliament has passed a new bill on nuclear energy, opening up the nuclear sector to private players.
✨ Tether has launched PearPass, a password manager designed to eliminate the risks of data breaches from cloud services. This new tool aims to enhance cybersecurity for users by providing a secure way to manage passwords. For more information, visit Tether's official announcement here.
🇷🇺 The PIK Group has increased its stake in the capital of PJSC "PIK North-West" from 0.76% to 21.9%, according to the latest disclosure.
⚠️🇺🇸 Bank of America has reported that its clients are pulling funds from U.S. stocks for the second consecutive week. This week marks the largest outflow in six weeks.
💥 Binance plans to return to the U.S. market. CEO Changpeng Zhao's stake may decrease due to the exchange's recapitalization, according to BBG.
🇺🇦 The Kyiv International Institute of Sociology (KMIS) has distanced itself from a survey that was reportedly funded by the campaigns of military leader Valerii Zaluzhnyi and former President Petro Poroshenko. The survey indicated that 63% of Ukrainians are willing to endure military actions for as long as necessary. Ukrainian media have raised concerns over the legitimacy of the findings.
This media is not supported in your browser
VIEW IN TELEGRAM
⚠️🇺🇸 Oracle's $10 billion data center in Michigan is in limbo as financing talks have stalled amid concerns over the company's rising debt and high AI expenses, according to a report by the Financial Times. Worries are mounting on Wall Street over excessive spending by companies on AI, with Oracle facing unique challenges. For more details, click here.
🇺🇸 Another Trump favorite and candidate for the Fed chair position, Waller, is currently commenting ahead of the market opening. He emphasizes that interest rates should be lower and praises Trump for his efforts.