Firmus and Nvidia are partnering to build a 170,000-GPU AI data center facility in Indonesia, marking a significant Southeast Asian expansion for Nvidia's data center business. The deal underscores continued hyperscale GPU demand globally but is incremental news for a stock already pricing in extraordinary growth.

British American Tobacco is cutting 9,000 jobs as the tobacco industry faces structurally declining cigarette volumes. The restructuring signals a pivot toward cost defense, raising the question of whether BTI can sustain its dividend and margins as its legacy revenue base erodes.

Goldman Sachs has cut its FY revenue growth expectations for EssilorLuxottica, sending shares lower. The downgrade compounds existing pressure from a -8.2% YoY revenue decline and deeply negative net margins, raising questions about whether the selloff is a buying opportunity or a leading edge of a structural correction.