Lula Leads After Last-Minute Voting Extension As "Bolsonaro Trade" Implodes; Trader Warns Of "Circuit Breaker" Chaos

How China Is Remaking Its Vast Western Frontier China is undertaking a vast effort to reshape its western frontier, transforming Xinjiang and Tibet from remote borderlands into strategic hubs for industry, energy, tourism and trade, according to a new lengthy report from Financial Times. Under President Xi Jinping, Beijing is pouring investment into highways, railways, renewable energy projects, manufacturing bases and tourism infrastructure across a region that covers nearly a third of China’s territory. Officials see the west not as a distant hinterland but as a frontline for economic growth, national security...

Quantum Stocks Erupt As U.S. Gov't Awards $2 Billion, Takes Equity Stakes IBM and small-cap quantum names, including IonQ, D-Wave Quantum, Rigetti Computing, Infleqtion, and other peers, are surging in New York premarket trading after a Wall Street Journal report said the Trump administration is preparing to award $2 billion in CHIPS Act grants to nine quantum-computing companies. IBM is set to receive half of the $2 billion tranche, or about $1 billion, as the large-cap leader in the race to build quantum computing systems that could revolutionize national security, accelerate...

Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App Tencent shares jumped the most since late 2022 after an FT report that the Chinese company was testing a prototype AI agent for WeChat, China’s most widely used app for everything from messaging and social media to ride-hailing and payments, fueled optimism about the company’s artificial intelligence efforts.  The Chinese internet giant plans to begin a compliance process for a public launch of the agent as soon as this month, the Financial Times reported,...