Wall Street Breakfast Xiaomi EVs power into profit
Nov 19, 2025
Xiaomi’s EV division celebrates its first profitable quarter, reporting a stunning 700 million yuan in operating profit amidst ambitious delivery goals. Workday is making waves by acquiring AI integration platform Pipedream to boost its automation capabilities. Brookfield is on a mission to raise $10 billion for an AI infrastructure fund, with heavyweight investors like Nvidia on board. Plus, catch the latest buzz on market trends, from sell-offs to major stock movers!
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Xiaomi EVs Reach Profitability
- Xiaomi's EV division posted an operating profit of 700 million yuan in Q3, reversing prior losses and hitting profitability.
- Management still forecasts lower gross margins next year due to reduced tax breaks and fierce competition.
Integrate AI Workflows Now
- Workday will acquire PipeDream to embed AI-driven workflows across business apps like Asana and Slack.
- Expect the deal to close in Q4 of fiscal 2026 and to accelerate automation across Workday's platform.
Brookfield Backs Massive AI Buildout
- Brookfield targets $10 billion to build up to $100 billion of AI infrastructure including data centers and power providers.
- The fund signals large-scale private investment to capture what Brookfield estimates as $7 trillion in AI infrastructure demand over the next decade.