JPMorgan has downgraded Netflix stock $NFLX from “Overweight” to “Neutral,” citing the company's aggressive valuation following a nearly 400% rally since October 2022. While Netflix remains a dominant player in the streaming industry, its current stock price, trading at all-time highs, signals a more balanced risk/reward outlook for investors in the near term.

Nvidia $NVDA, a global leader in AI semiconductors, is adjusting its strategy to navigate tightened U.S. export regulations targeting high-performance chips destined for China. According to a report by Nikkei Asia, the company is preparing to launch customized AI chips that comply with the latest export rules set by the U.S. Department of Commerce.

Xiaomi $1810.HK, the Chinese tech giant best known for its smartphones, is accelerating its efforts in the electric vehicle (EV) space. On May 22, the company is set to unveil its first all-electric SUV — the YU7 — at its upcoming product launch event. This move expands Xiaomi’s vision of building a comprehensive smart vehicle ecosystem, reinforcing its long-term commitment to innovation in transportation.