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Market news: Alibaba (BABA.N) is reportedly leading an investment in artificial intelligence startup UniPat, which is valued at $2.5 billion.

According to Al Jazeera: US Vice President Vance stated that we have blocked Iran from exporting its oil products, and Iran no longer has any revenue from the energy sector. Iran doesn't have many options; if Trump is willing, we can reach an agreement.

Independent macro research firm The Kobeissi Letter points out that the US economy is currently facing a complex situation due to a confluence of factors, and calls the following a "heads-up" to remind investors to adjust their strategies accordingly. The firm notes that the market is currently facing:1. President Trump providing all American adults with $5,000 "bonus" checks;2. Oil prices officially returning to above $100 per barrel;3. Total US debt surpassing a record $40 trillion;4. Inflation exceeding 2% for 60 consecutive months;5. One of the greatest technological revolutions in modern history;6. The Federal Reserve facing pressure to cut interest rates while inflation remains above target.

JPMorgan Chase: Launches coverage research on JD.com (JD.O), giving it an overweight rating and a target price of $38.

JPMorgan Chase lowered its target price for Pinduoduo (PDD.O) from $110 to $95.

Canadian Foreign Minister Anand: This week, Ukrainian President Zelensky will meet with us at the Cabinet and with people across Canada. Our discussions will focus on the next steps – strengthening Ukraine’s defense, supporting its reconstruction and energy security, and promoting a just peace.