Breakfast | Quantum computing and drone concept stocks surge! Apple continues to set historical highs, with a market value approaching $4 trillion

Overnight Market Overview

Trading was light as the Christmas holiday came to an end. The S&P 500 and Nasdaq briefly turned positive but ultimately closed lower, while the Dow Jones rose for the fifth consecutive day, with small-cap stocks leading with nearly a 1% increase.

Among the "Tech Seven," only Apple saw gains: Apple reached $259, marking four consecutive days of record highs, with a market capitalization approaching $4 trillion. Meta fell over 1.4% before narrowing its decline to 0.72%, Amazon closed down 0.87%, Google A dropped nearly 0.9% before reducing its loss to 0.26%, and Microsoft fell over 0.6% before its decline narrowed to 0.28%.

Tesla closed down 1.76%, with Deutsche Bank predicting Tesla's fourth-quarter deliveries to be below expectations, while Tesla's "die-hard fans" at Wedbush remain bullish.

Nvidia fell over 1.7% before closing down 0.21%. Nvidia is set to release the RTX 50 series graphics cards based on the BlackWell architecture in two weeks, and the new generation GB300 AI servers are expected to debut at the GTC conference in March next year, with significant parameter improvements revealed.

Bitcoin fell, approaching $95,000, and cryptocurrency-related stocks generally declined, while KULR, which is executing a Bitcoin purchase plan, surged over 40%, having risen over 1500% since its low on November 1; "Bitcoin whale" MSTR closed down 4.78%.

The China concept index briefly rose 0.9%, with Li Auto surging over 9% and Kingsoft Cloud rising over 14%.

Drone concept stocks soared, with SES AI Corp closing up 100% and Palladyne AI rising 47.57%.

Quantum computing concept stocks also surged, with QMCO up 49.98%, QUBT up 12.55%, and QBTS up 24.53%.

Nvidia Launches GB200 NLV4, GB300 Expected Next March

For medium-sized organizations or those focused on energy efficiency, the GB200 NVL4 is a very suitable choice. Compared to the NVL72, which is designed for large-scale deployments and features edge connectors to support spine configurations, the NVL4 offers a more compact and energy-efficient alternative.

What to Do About Slowing Demand for Data Center Chips? Nvidia Supplier: AI Smartphones Will Take Over

Against the backdrop of a potential slowdown in global data center investments, the semiconductor industry faces new challenges. However, on Thursday, the CEO of Advantest, a leading global chip testing equipment supplier, pointed out that the demand for AI smartphones is seen as a new growth point for the industry, expected to help the sector avoid falling into recession. Currently, demand for AI smartphones is low, and some analysts predict that existing AI features may not be sufficient to stimulate mass consumer upgrades.

Oracle Surges Over 60% This Year, Best Since the Tech Bubble, Founder Ellison's Wealth Soars by $75 Billion

Oracle, now a "celebrity" in the AI field, is training some of the world's most important AI models on its cloud infrastructure, doing so faster and cheaper than other cloud platforms. Company executives predict that revenue will "easily" double within five years, surpassing $100 billion. Some analysts are optimistic about Ellison's good relationship with Musk benefiting the company's business, but skeptics worry that the projected doubling of capital expenditures in fiscal year 2025 may not be sustainable

MSTR plans to sell more shares to raise funds for purchasing Bitcoin

MSTR is seeking shareholder approval to increase the authorized share count, raising Class A shares from the current 330 million to 10.33 billion shares. The company noted in its filing that the pace of Bitcoin acquisitions is "much faster than initially expected."

Novo Nordisk hit again: Musk shares weight loss photo, claims Eli Lilly's drug is more effective than semaglutide

Musk shared a photo on Christmas, calling himself the Ozempic Santa, and clarified that he is not referring to the drug name Ozempic, which is semaglutide, but rather Eli Lilly's competitor Mounjaro. He also mentioned that "high doses" of Ozempic make him gassy and burpy, stating, "Mounjaro seems to have fewer side effects and is more effective."

Report: Xiaomi is building a GPU cluster to invest heavily in AI large models

An insider revealed that the plan has been in place for several months, with Lei Jun playing a significant leadership role. "In terms of AI hardware, the core is smartphones, not glasses; it is impossible for Xiaomi not to go 'all in' in this area."

Li Xiang speaks out after 9 months: 100% focused on humanoid robots, not Robotaxi

Regarding future product layout, Li Xiang directly denied the Robotaxi product, stating that Li Auto will not venture into this area. However, Li Auto will 100% focus on humanoid robots, although the timeline is not now. By 2030, Li Auto has a 50% chance of producing a very interesting supercar equipped with artificial intelligence.

ByteDance's R&D investment approaches the combined total of BAT

Zheshang Securities stated that ByteDance is making significant investments in AI, with capital expenditures reaching 80 billion yuan in 2024, close to the total of Baidu, Alibaba, and Tencent (approximately 100 billion yuan). Its R&D investment significantly outpaces its peers, comparable to Microsoft's increased investment in OpenAI; ByteDance in China may be likened to OpenAI in the United States.

How difficult is it for OpenAI to achieve AGI? Profit target of $100 billion, transitioning to profitability faces four major challenges with Microsoft

According to the existing agreement, OpenAI will not achieve AGI anytime soon. OpenAI previously projected a loss of $14 billion in 2026, three times this year's losses, and it will not achieve its first annual profit until 2029. It remains unclear how the transition will affect AGI's profit targets. Media reports indicate that since October, OpenAI and Microsoft have been negotiating structural changes, focusing on four issues: Microsoft's equity in OpenAI, exclusive cloud supply, duration of using OpenAI's intellectual property, and a 20% revenue cut