Markets

Comcast announced Romy Seals as the new Vice President of Finance for its Florida Region. Seals will lead financial strategy and operations in Florida, a key growth area for Comcast. She’ll oversee customer experience initiatives, business optimization, and project management. Seals joined Comcast in 2012 and has held positions of increasing responsibility, most recently as VP of Business Operations for Comcast Business. Since 2023, she has been a Senior Director of Project Management in Florida.

Nvidia CEO Jensen Huang visited China, praising its AI development and hinting at a shift in Nvidia’s strategy amid US chip restrictions. While downplaying GPU criticality, Nvidia aims to promote its new China-specific B30 chip and robotic technologies. Huang’s remarks suggest a willingness to tolerate CUDA compatibility from competitors, reflecting concerns about losing market share to domestic AI chip makers like Huawei and Cambricon, and a desire to maintain influence through its CUDA ecosystem, even with potential hardware revenue losses.

Coveo, an AI-Relevance leader, announced Docusign selected its AI-Search and Relevance Generative Answering to enhance customer support. Docusign aims to improve self-service, optimize agent workflows, and ensure consistent responses, reducing time spent finding information. Coveo’s platform offers scalability, security, and actionable intelligence, promising increased efficiency and improved experiences. Coveo’s AI aggregates content, amplifies case deflection, and cuts down answer-seeking time, driving operational efficiency and personalized support.

A woman, Zhang Xiaoling, claims iKang Healthcare Group misdiagnosed or missed her kidney cancer diagnosis after ten years of “normal” health check-ups. She received a cancer diagnosis in 2024 at another facility. iKang states its reports were accurate at the time and will engage third-party experts to investigate. They pledge to accept responsibility if liable. Observers emphasize the importance of accurate and reliable health check-ups. iKang is a company established in 2004, focusing on hospital management and health consulting.

Videos circulating online show BYD Chairman Wang Chuanfu visiting the Xiaomi Auto factory, accompanied by Xiaomi CEO Lei Jun. Lei acted as Wang’s “tour guide,” hinting at closer ties between the tech and auto giants. The presence of Shunwei Capital’s Hu Zhengnan further emphasizes the visit’s strategic nature. BYD already supplies batteries for Xiaomi’s SU7, and Wang has publicly supported Xiaomi’s EV venture. This visit may indicate an expansion of their partnership or new alliances in the EV market.

The inheritance dispute of Wahaha’s late founder, Zong Qinghou, intensifies as individuals claiming to be his illegitimate children sue for a share of his assets. This includes a $2.1 billion trust and a significant stake in the Wahaha Group. Despite Wahaha’s initial statement that the matter is a private family affair with no impact on business, the Hangzhou Shangcheng District Finance Bureau has intervened by establishing a special task force to address complaints and resolve the issue promptly.

LUXXFOLIO Holdings (CSE: LUXX) increased its Litecoin treasury to 20,084 LTC, a 151.6% Litecoin-per-share yield. The company closed a $2.5 million financing and deployed 841 cbLTC into decentralized liquidity protocols for yield generation. LUXXFOLIO is advancing Litecoin infrastructure development and remains debt-free. Geoff Balderson replaced Geoff McCord as CFO and Director. They are focusing on stablecoin payments and yield.

A fake movie poster for “Pegasus 3” featuring Xiaomi CEO Lei Jun and the SU7 went viral, fueling speculation about his acting debut. The poster used an image from Lei Jun’s drifting practice while learning to drive the SU7. Xiaomi’s PR General Manager Wang Hua confirmed the poster was inauthentic. Lei Jun’s drifting skills, showcased in a video, are part of his commitment to understanding the automotive industry. He aims to be a top CEO driver.