Guan Cha Zhe Wang·2025-05-14 01:14Group 1: Trade and Tariffs - China has adjusted the tariff rate on imports from the U.S. from 34% to 10%, effective from May 14, 2025, with a temporary suspension of the 24% tariff for 90 days [2] Group 2: Stock Market Performance - The S&P 500 index rose by 0.72% to 5,886.55 points, marking its highest level since early March, while the Nasdaq Composite increased by 1.61% to 19,010.08 points [3] - Nvidia's stock surged by 5.63%, reaching its highest level since February 27, with other chip manufacturers like Broadcom and AMD also seeing significant gains [3] Group 3: Strategic Partnerships - AMD has entered into a strategic partnership with Saudi AI company Humain, committing up to $10 billion to deploy 500 megawatts of AI computing power over the next five years [4] - The U.S. government is considering a deal that would allow the UAE to import over 1 million advanced Nvidia chips, significantly exceeding previous regulations [4] Group 4: Corporate Developments - Microsoft announced a layoff of approximately 6,000 employees, representing less than 3% of its workforce, affecting all levels and regions [6] - Nio's associated company, Hozon New Energy Automobile Co., has been filed for bankruptcy, indicating potential challenges in the electric vehicle sector [7] Group 5: E-commerce and Food Delivery - Major food delivery platforms, including JD.com, Meituan, and Ele.me, have been summoned for discussions regarding compliance with various laws and regulations to ensure fair competition and consumer protection [8] - JD.com reported a first-quarter net revenue of 301.1 billion yuan, a year-on-year increase of 15.8%, with adjusted net profit rising by 43.4% [9] Group 6: Robotics and AI - Tesla released a video showcasing its humanoid robot, Optimus, demonstrating advancements in training through reinforcement learning [11]