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Markets got a boost today as China's GDP came in stronger than expected, lifting risk appetite across the board. Bitcoin climbed alongside Nasdaq futures and Asian equities, with falling oil prices adding further fuel. It's a reminder of how tightly global sentiment is wired together — one data point from Beijing and traders everywhere react.
Shifting from markets to motors, Chinese automaker XPENG made a notable push into Europe with the launch of the G nine L at the Paris Motor Show. Built with European buyers in mind, the premium SUV is being positioned as a benchmark for what drivers on the continent can expect from tech-forward electric vehicles. It's a significant signal that Chinese EV ambitions aren't slowing down.
And on the geopolitical front, President Trump publicly defended plans to ease Russian sanctions while directing sharp criticism at Ukrainian President Zelenskyy, accusing him of not genuinely seeking an end to the conflict. Zelenskyy, meanwhile, was meeting with Washington envoys. The exchange underscores how fractured Western coordination on Ukraine has become, and how much the diplomatic landscape has shifted.
That's your briefing for today. Keep surfing. Tech Beat out.
