Pre-market US stocks | "Female Stock God" in technology stocks increases holdings in Tesla, OpenAI's daily operating costs may reach $700,000
Alibaba fell 1.6%, JD, Pinduoduo, and Bilibili fell nearly 2%, BIDU-SW fell 1.5%, BEKE-W fell over 2%, LI AUTO-W fell over 1%. Apple fell 2%, Meta fell 1.5%, Tesla rose 0.6%. ContextLogic soared 21%.
US Stock News
-
"Wood Sister" ARK Fund bought 256,023 shares of Tesla stock on Thursday.
-
According to the Wall Street Journal: The Federal Reserve is rethinking the loophole that covers the losses of Silicon Valley banks; there is a loophole that allows some medium-sized bankers to effectively cover the losses of their securities holdings, and the Federal Reserve may fill this loophole.
-
SAP's first-quarter revenue was 7.441 billion euros, with a net profit of 509 million euros; it is expected that the cloud business revenue in 2023 will be between 14 billion and 14.4 billion euros, a year-on-year increase of 23% to 26%.
-
According to Tesla's official website in the United States: Tesla's price has been raised to $87,490, and Tesla Plaid's price has been raised to $107,490. Tesla's price has been raised to $97,490, and Tesla Plaid's price has been raised to $107,490.
-
"Wood Sister" Cathie Wood: set Tesla's target price for 2027 at $2,000. In a bear market or bull market, the target price range for Tesla is between $1,400 and $2,500.
-
Alphabet, Google's parent company: will pay $190 million to $230 million in severance costs in the first quarter.
-
Musk said in an internal email that SpaceX's launch was a "significant success" and that the Starship is "likely to enter orbit this year."
-
Dylan Patel, chief analyst of the chip industry research company SemiAnalysis, said that because ChatGPT runs on expensive computing infrastructure, OpenAI may invest up to $700,000 a day to run ChatGPT.
Pre-market Movement
In pre-market trading, Dow futures fell 0.13%, Nasdaq futures fell 0.33%, and S&P 500 futures fell 0.17%.
ContextLogic rose 21%, and the board of directors approved a stock buyback plan of up to $50 million.
Apple fell 2%, Meta fell 1.5%, and Tesla rose 0.6%.
Alibaba fell 1.6%, JD, Pinduoduo, and Bilibili fell nearly 2%, Baidu fell 1.5%, Beike fell more than 2%, and Ideal fell more than 1%.
Institutional Views
- Jefferies: Lower Netflix's target price from $415 to $405
Jefferies analyst Andrew Uerkwitz said that considering the time for the full launch of the pay-sharing policy, the guidance for the second quarter is "slightly lower than Wall Street" forecast. After the recent earnings report, analysts made "very small adjustments" to their models because they postponed more pay-sharing profits from the second quarter to the third quarter and adjusted their expectations for Netflix's content spending. 2. Deutsche Bank: Maintains Buy Rating on Microsoft
Deutsche Bank analysts stated that it is too early to say that Microsoft Azure's growth has hit a low point. The slowdown may continue at a relatively similar pace in the fourth quarter, but the decline in "high-margin" Windows revenue, which has a huge impact on operating profit in fiscal year 2023, "may be significantly alleviated in the coming quarters." The bank maintains a buy rating on Microsoft with a target price of $310.