Australia Releases New National AI Plan, Opts for Existing Laws to Manage Risks 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report 
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Apple (NASDAQ:AAPL) has partnered with Alibaba (NYSE:BABA) to advance its AI strategy in China, marking a significant milestone, according to Wedbush analyst Daniel Ives. The collaboration, along with Baidu (NASDAQ:BIDU), paves the way for Apple’s AI services launch in China by early May, potentially boosting iPhone upgrades in a market where 100 million devices are due for replacement. Apple Intelligence, debuting with the iPhone 16 and later the iPhone 17, is expected to drive demand and expand Apple’s AI reach globally, with 25% of the world’s population predicted to access AI via Apple devices in the coming years. Apps built on Apple Intelligence could generate new revenue streams and encourage more upgrades.
Meanwhile, Phillip Securities downgraded Amazon (NASDAQ:AMZN) from Buy to Accumulate despite strong Q4 earnings, citing recent price strength. Amazon Web Services (AWS) remains a key growth driver with a 19% YoY revenue increase and improved margins. The firm slightly reduced FY25 estimates but remains optimistic about Amazon’s potential in generative AI and cloud migration.
Barclays (LON:BARC) warned that the AI-driven power stock rally faces risks after DeepSeek's R1 LLM, which requires fewer resources than models from OpenAI, Google (NASDAQ:GOOGL), and Meta (NASDAQ:META). This triggered a sell-off in power stocks like Vistra (NYSE:VST) and Constellation (NASDAQ:CEG), prompting Barclays to recommend hedging against further shocks.
Needham maintained a Hold rating on Tesla (NASDAQ:TSLA), calling it “expensive,” with growth from FSD, Robotaxi, and Robotics already priced in. Projections for 2032 include 31 million Teslas with 56% FSD adoption and $100 billion in Robotaxi bookings, but competition poses challenges.
Lynx Equity sees upside for Super Micro Computer (NASDAQ:SMCI) after raising its price target to $60, citing improved financials, manufacturing capacity, and capital market access. SMCI’s expansions and deployment of Nvidia’s H100 and H200 chips support revenue growth and margins despite potential delays in Blackwell chip rollouts.
