U.S. stock market opens: The three major U.S. stock indices opened lower, with Chinese concept stocks like Li Auto rising over 6%

After the Christmas holiday, the S&P 500 index opened down 15.07 points, a decrease of 0.25%, at 6024.97 points;

The Dow Jones Industrial Average opened down 95.18 points, a decrease of 0.22%, at 43201.85 points;

The Nasdaq Composite opened down 51.88 points, a decrease of 0.26%, at 19979.25 points.

Nvidia fell 0.3% in early trading, "Bitcoin whale" MicroStrategy dropped 2.2%, Tesla rose 0.2%, and Broadcom increased by 0.3%.

Chinese concept stocks saw Li Auto rise 6.6% and Kingsoft Cloud rise 11.2%—a cumulative increase of about 260% since November.

Nvidia will release the RTX 50 series graphics cards based on the BlackWell architecture in two weeks, and it is expected that the next-generation GB300 AI server will debut at the GTC conference in March next year, with reports indicating significant improvements in several parameters. For the second consecutive year, Nvidia has outperformed the S&P 500 index fund to become the "most favored stock by retail investors" in the U.S. stock market; as of the 17th of this month, retail investors have net purchased a total of $29.8 billion in Nvidia shares this year.

Tesla has launched a new 30-day free trial program for FSD (Full Self-Driving, human supervision required) to some customers in North America, allowing these users to try it for free until February 22 next year.

Elon Musk promoted Eli Lilly's weight loss drug on his controlled social media platform, claiming that he prefers the American pharmaceutical company's competitor Mounjaro over Novo Nordisk's weight loss therapy Ozempic.

MicroStrategy plans to issue additional shares to raise funds to purchase Bitcoin. MicroStrategy has purchased Bitcoin for seven consecutive weeks, with the latest plan to raise $42 billion to continue accumulating Bitcoin to ensure its pioneering position in the Bitcoin field. Bitcoin briefly fell about 3%, approaching $95,000. Investment bank Cantor Fitzgerald raised Broadcom's target price from $250 to $300, maintaining an "overweight" rating.

UBS upgraded Kingsoft Cloud's rating from "neutral" to "buy," raising the target price from $4.2 to $12.5, believing that the market has underestimated the potential development opportunities of Kingsoft and its AI business.

Recently, Li Xiang announced that Li Auto is no longer just an automobile manufacturing company, but an AI company