In our pre-mkt summary for Subscribers: Fresh optimism around AI and further Fed int rate cuts sent stocks off to a strong start for 2026 (SPX +0.6%, NDX +1.0%); Despite missing their target of removing safety monitors in robotaxis “in large parts of Austin” by year-end, $Tesla(TSLA.US) +2.3% pre-mkt, $NVIDIA(NVDA.US) +1.9% pre-mkt, $Taiwan Semiconductor(TSM.US) +2.6% pre-mkt reflecting AI exuberance; TSLA 4Q deliveries today before market opens (423K est); $Baidu(BIDU.US) +11% pre-mkt after the company submitted a proposal to the Hong Kong exchange to list its AI chip unit Kunlunxin.
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