Google rolls out a work mode for Antigravity: removes terminals and Git, while retaining full agent capabilities.

UBS forecasts that U.S. equities will rebound in 2027, supported by strong earnings growth and valuation recovery, to hedge against risks including high interest rates and constraints on data center construction. The team led by Keith Parker sets a target for the S&P 500 to reach 8,900 by the end of next year, representing an ~18% gain from Monday’s close of 7,549.94; it also projects 18% earnings growth for the index’s constituents by the end of 2027. The report identifies AI as the core theme, with bullish outlooks on semiconductors, software, and major cloud providers. Market concerns over capital expenditures have weighed on sector valuations, but related demand is accelerating. Nvidia, Micron, and Broadcom are expected to contribute roughly 45% of the S&P 500’s total earnings growth in 2027. The team warns that new data center regulatory policies could impact 30% of the U.S.’s planned new computing capacity for 2028. For portfolio allocation, it favors the Nasdaq 100 over the Russell 2000; healthcare is the top pick for defensive sectors, while financials are preferred among cyclical sectors.

Wells Fargo said it has cut Nvidia (NVDA.O)’s price target from $315 to $300, while maintaining an "Overweight" rating.

US Defense Secretary Pete Hegseth will hold a rare press conference at the Pentagon on Tuesday local time, with a vote on his impeachment expected by members of Congress this week. The press conference is scheduled for 8 a.m. Eastern Time (21:00 Beijing Time). The day prior, Republican Congressman Thomas Massie submitted revised impeachment articles against Hegseth. The resolution accuses Hegseth of abusing his authority, including launching a war against Iran without congressional approval, ignoring laws aimed at minimizing civilian casualties, and retaliating against Democratic Senator Mark Kelly, among other actions. Under House of Representatives rules, a vote on the resolution must be scheduled within two legislative days. House Democratic Leader Hakeem Jeffries, who represents New York State, said Monday afternoon that he will firmly support the impeachment resolution. He told reporters that Hegseth "abused power" and was "the architect of this reckless, costly and failed preemptive war against Iran". It remains unclear whether any other Republican lawmakers will back the impeachment articles besides Massie. Massie said Monday afternoon that he has not received any commitments from other Republican lawmakers to support the measure.

Citi cuts Nvidia (NVDA.O) price target from $315 to $285.

The board of directors of Zhipu (02513.HK) announced plans to repurchase the company’s H shares on the open market, with the total amount of the repurchase program capped at HK$4 billion.

According to data from the BIT Stock Platform, NVIDIA (NVDA)’s pre-market gain in US stocks has narrowed significantly, with the stock now trading at $178.89.