Breakfast | Trump delivers the longest inauguration speech since 1929, NVIDIA executive says fully autonomous driving is difficult to achieve in the short term

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Trump's Inaugural Speech: The Golden Age of America Begins Now!

Trump officially took the oath of office as President of the United States and delivered the longest inaugural address since 1929. He depicted the severe situation in America while declaring that "the golden age of America begins now." The speech was infused with the spirit of "America will rise again" and "America first," announcing an immediate withdrawal from the Paris Climate Agreement and several related measures or policy guidelines.

Key points from Trump's inaugural speech:

1. He will rename the Gulf of Mexico to the Gulf of America and reclaim the Panama Canal.

2. He will instruct the cabinet to combat record inflation and declare a national energy emergency to fight inflation.

3. He will establish the External Revenue Service, responsible for collecting tariffs and taxes from foreign entities.

4. He will declare a national emergency at the southern border of the United States, stopping all illegal immigration and restoring the "Remain in Mexico" policy.

5. He hopes to send American astronauts to Mars and plant the American flag on Mars.

6. He will end the Green New Deal, cancel mandatory electric vehicle regulations, and ramp up automobile production.

7. He will sign an executive order to immediately stop all government reviews and restore freedom of speech in America.

8. He will immediately reform the trade system, gradually reducing tax benefits to other countries.

9. He announced that from today, the official policy of the U.S. government will recognize only two genders: male and female.

10. He will begin the process of deporting millions of foreign national criminals and designate drug cartels as foreign terrorist organizations.

11. Trump did not mention any information related to cryptocurrencies in his inaugural speech.

The market reacted noticeably. The dollar index, which measures the dollar against six major currencies, fell by 1.19% that day, closing at 108.044 in the foreign exchange market. On Tuesday morning in Asia, U.S. stock index futures rose, with S&P 500 futures up 0.42% and Nasdaq futures up 0.43%.

Overview of Tariff Plans by Trump's Nominee for Secretary of Commerce

Howard Lutnick, the Secretary of Commerce nominee by President Trump, stated on Monday that the External Revenue Service will "impose tariffs," and foreign companies wishing to do business in the U.S. must pay this tax. If these companies do not want to pay, they can only build factories in the U.S., hire Americans, and provide high-paying jobs.

Current SEC Chairman Gensler to Depart

The U.S. Securities and Exchange Commission stated in a statement that today is Gensler's last day serving at the SEC.

EU Diplomats: EU Finance Ministers Agree to Maintain Unity in Response to the New U.S. Government

The finance ministers unanimously agreed that enhancing the EU's economic competitiveness is the best way to address potential economic challenges from the U.S., and developing strong economic relations is in the interests of both the EU and the U.S

UK Prime Minister Starmer Congratulates Trump on Becoming President of the United States: The Friendship Between the UK and the US Will Continue

Chinese Leadership Voices Measures to Boost the Economy

The President stated that more proactive macro policies will be implemented by 2025 to promote high-level technological self-reliance and strength. Premier Li Qiang stated that more proactive fiscal policies and moderately loose monetary policies will be implemented to cultivate more new economic growth points.

Trump expressed hope to visit China within his first 100 days in office, to which the Ministry of Foreign Affairs responded: China is willing to work with the new US government to promote greater progress in Sino-US relations from a new starting point. Han Zheng met with US Vice President-elect Vance: The common interests and cooperation space between the two countries are vast, and both sides can strengthen dialogue and consultation on this basis.

According to the Financial Times: Apple Investigated by Belgium Over Congo "Blood Minerals" Issue

Media: HSBC Exploring Options for Australian Consumer Banking Business

According to insiders, HSBC Holdings is exploring options for its Australian consumer banking business as it seeks to further streamline operations, including the possibility of selling it.

NVIDIA Executive: Fully Autonomous Vehicles Unlikely to Hit the Roads Before 2030

Ali Kani, head of NVIDIA's automotive division, stated that fully autonomous vehicles are still far off and unlikely to be fully deployed on public roads within this decade (before 2030). Although some vehicles have achieved limited autonomous driving capabilities in controlled environments, significant breakthroughs in computing power and technology are still needed for true self-driving cars.

XPeng Launches XPeng Newborn Plan

The company will provide 10,000 yuan to families of employees with newborns or twins, and 30,000 yuan to families of employees with a third child.

Reports Indicate 51Job May Go Public in Hong Kong as Early as This Year

As of now, 51Job's cumulative user base has exceeded 200 million.

Media: China's Heavy Truck Autonomous Driving Company Yingche Technology Plans to IPO in the US, Raising $100 to $200 Million.

Media Reports OpenAI's Proxy Tool May Be Released Soon

According to TechCrunch, OpenAI may soon release an artificial intelligence tool that can control your computer and perform operations on your behalf. Tibor Blaho, a software engineer known for accurately leaking upcoming AI products, claims to have found evidence of the long-rumored Operator tool from OpenAI. OpenAI CEO Sam Altman clarified that while the company has long been committed to developing artificial general intelligence (AGI) that is smarter than humans, this goal has not yet been achieved, reminding fans to lower their expectations by "100 times."

The Dark Side of the Moon Releases k1.5 Multimodal Thinking Model

From benchmark test results, the k1.5 multimodal thinking model has achieved state-of-the-art (SOTA) multimodal reasoning and general reasoning capabilities. In the long-CoT (long chain thinking) mode, Kimi k1.5's mathematical, coding, and multimodal reasoning abilities have reached the level of Open AIo 1's official version

DeepSeek announces the official release of DeepSeek-R1

And simultaneously open-sources the model weights. In tasks such as mathematics, coding, and natural language reasoning, its performance rivals that of OpenAI's o1 official version