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BREAKING: 🇺🇸 President Trump just announced that Ukraine and Russia have agreed to 'Energy Ceasefire'.

BREAKING: $SPCX is up +10% today, overtaking Amazon to become the 5th largest company in the world.

BREAKING: China is spending $295 billion to replace Nvidia with Huawei across its entire AI infrastructure. China announced today it will build a nationwide AI data center network over the next 5 years operated by state firms China Mobile and China Telecom. At least 80% of all AI chips must come from domestic suppliers, primarily Huawei. Nvidia and AMD are locked out by design. Jensen Huang confirmed this last month. "We've largely conceded that market to them," he told CNBC. China once accounted for at least 20% of Nvidia's entire data center revenue. That market is now gone. Huawei's new Ascend 950PR chip already outperforms the only Nvidia chip Washington allows China to buy, the H20 by 2.8 times. ByteDance has committed $5.6 billion to Huawei chips in 2026 alone. Alibaba and Tencent have placed significant orders on top of that. The $295 billion is just the government portion. Private spending by Alibaba, Tencent, and ByteDance is separate. When power grid integration is included, total projected investment reaches at least $800 billion by 2030. For context, the US committed $725 billion to AI this year alone. China is building its entire AI infrastructure without a single Nvidia chip.

BREAKING: SpaceX has reportedly barred investors from China and Hong Kong from participating in its IPO. According to Bloomberg, underwriters were instructed to reject investments from clients in the two regions amid regulatory and national security concerns.

BREAKING: Iran is offering to let ships pass freely through the Strait of Hormuz, Reuters. Iran has proposed allowing vessels to sail through the Omani side of the Strait without risk of attack, as part of ongoing negotiations with the US. This is the first concrete proposal on Hormuz freedom of navigation since the war began.

BREAKING: US Congressman Ro Khanna calls for Trump's removal from office under the 25th Amendment over his threat to destroy Iran's "whole civilization." "If the United States Congress has any life left in it, every member of Congress and Senator must be calling for Trump's removal today." This is the first direct call from a sitting US official to invoke the 25th Amendment since the Iran war began.

BREAKING: Iran has officially rejected the U.S. 15-point peace proposal and set 5 conditions for ending the war. Iran is demanding a full stop to U.S. attacks, written guarantees against future strikes, war reparations, control over the Strait of Hormuz, and a ceasefire across all fronts including its proxies.

BREAKING: Volkswagen is officially cutting 50,000 jobs as profits crash to their lowest level in a decade. Europe’s largest carmaker announced today that it will eliminate roughly 17% of its German workforce by 2030 to stop a total financial collapse. Profits plummeted 44% last year because the company is being hit from every side: 1) China: Local brands like BYD are crushing VW with cheaper, smarter EVs, causing sales in their biggest market to fall off a cliff. 2) U.S. Tariffs: Trump’s 25% tariffs on imported cars cost VW nearly 3 billion euros in a single year, making it almost impossible to sell German cars in America. 3) Energy Costs: Electricity and labor in Germany have become so expensive that VW is closing its first German factory in history because it's no longer viable to build cars there.