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Hesai Group, a Chinese lidar company, saw its shares plummet after a short seller report accused it of misleading investors about its ties to the Chinese military and inflating its profitability. The report also raised concerns about the legitimacy of a recent deal with Mercedes-Benz and the company's future access to U.S. capital markets.

D-Wave Quantum shares experienced a decline on Tuesday, reflecting the volatility in quantum stocks ahead of Nvidia's Quantum Day event at the GPU Technology Conference (GTC) this week. The company's stock appears to be consolidating after surging over 75% in the past month, despite reporting a significant increase in fourth-quarter bookings and several analysts raising price targets.

Tesla CEO Elon Musk condemned the publication of personal information of Tesla owners as "extreme domestic terrorism," following reports of a website targeting owners with demands and threats. This incident comes amidst escalating anti-Tesla sentiment and public demonstrations, coinciding with Musk's dual role in Tesla and the Trump administration.

Oil prices fell on Tuesday after a phone call between President Donald Trump and Russian President Vladimir Putin laid the groundwork for a potential ceasefire in Ukraine. The call included an agreement to halt attacks on energy and infrastructure sites for 30 days and plans for negotiations in the Middle East to establish a maritime ceasefire in the Black Sea.

Google's parent company, Alphabet Inc., has acquired cloud security platform Wiz for $32 billion, marking the tech giant's largest acquisition ever and strengthening its position in the cybersecurity market. The deal, which is expected to close in 2026, has raised concerns about regulatory scrutiny but is anticipated to be approved due to the current administration's less aggressive stance on mergers and acquisitions.