US Stock Market Pre-market Highlights | IEA Significantly Lowers Oil Supply Growth Forecast, Tesla Unveils Third-generation Humanoid Robot

格隆汇 March 12｜1. All three major US stock index futures fell, with Nasdaq futures down 0.84%, S&P 500 index futures down 0.63%, and Dow Jones futures down 0.59%. 2. Major European stock indices collectively declined, with Germany's DAX index down 0.17%, UK's FTSE 100 index down 0.48%, France's CAC index down 0.62%, and Euro Stoxx 50 index down 0.83%. 3. IEA significantly lowered this year's oil supply growth forecast to 1.1 million barrels/day, as the Middle East war caused the most severe supply disruption in history. 4. Goldman Sachs expects the Federal Reserve to cut interest rates by 25 basis points each in September and December, previously forecasting cuts in June and September. 5. Goldman Sachs: Hedge fund short positions have reached a nearly three-and-a-half-year high; if the Iran conflict ends, US stocks are set for a "short squeeze" frenzy. 6. US regulators plan to ease some capital requirements for Wall Street banks to encourage them to expand credit lending. 7. Nvidia will spend $26 billions to develop AI large models, transforming from a chip manufacturer to a top full-stack AI laboratory. 8. Tesla's third-generation humanoid robot will debut at AWE 2026, with production planned to start by the end of the year and a long-term capacity plan of 1 million units. 9. Tesla's new steering wheel-less vehicle Cybercab rolled off its Austin production line last month and will begin mass production in April. 10. Google has spun off its fiber division GFiber, which will merge with Astound Broadband to form an independent operator. 11. The semiconductor industry is brewing a new round of price hikes, with Texas Instruments, NXP, and Infineon collectively adjusting prices in April. 12. According to reports, Anthropic is in talks with Blackstone and other private equity firms to establish an AI consulting company. 13. Honda is re-evaluating its "electrification" strategy, expecting to increase costs and losses by up to $15.7 billions. 14. Deutsche Bank disclosed a $30 billions exposure to the private credit sector, potentially facing indirect credit risks. 15. Chubb Insurance and the US International Development Finance Corporation (DFC) are leading efforts to provide insurance for ships passing through the Strait of Hormuz. 16. Joby Aviation conducted a test flight of its first mass-produced electric air taxi at its base in California. 17. Li Auto's 2025 revenue reached 112.3 billions yuan, net profit 1.1 billions yuan, achieving three consecutive years of profitability and leading new forces with cash reserves exceeding 100 billions yuan. Events worth noting during US trading hours: 20:30 US January trade balance / US initial jobless claims for the week ending March 7 / US January annualized housing starts / US January total building permits