WS #7260
No genuinely new material developments in the last 30 minutes. The dominant signals from the previous window (Nvidia H200 approvals, Trump-Xi summit, Ukraine escalation, ECB hawkishness) remain unchanged with no new data points or counter-signals. The narrative arc is STABLE.
Key developments
- U.S. clears H200 chip sales to 10 Chinese firms including Alibaba, Tencent, ByteDance, JD.com; Lenovo and Foxconn approved as distributors
- Russia launches massive drone and missile strikes on Kyiv and Odesa; building collapse with trapped residents
- UK March GDP +0.3% MoM vs -0.2% expected; Q1 GDP +0.6% QoQ in line
- Foxconn Q1 net profit beats estimates; sees strong AI server demand, cloud/networking growth
- Cisco lays off 4,000 employees in AI overhaul; shares rise on strong earnings and raised guidance
- ECB's Kazaks: rate hikes needed if oil de-anchors inflation expectations
- India asks U.S. to extend waiver on Russian oil imports
- Bitcoin spot ETFs see $635M single-day outflow; bitcoin slips below $80,000