Longbridge Breakfast | US CPI May Trigger Severe Stock Market Turbulence, New AI Tool Sparks Palantir Tech Stock Surge

The US stock market fell across the board, with PayPal down nearly 13% and Chinese concept stocks generally down. Investors are waiting for the upcoming April US CPI, which could trigger a strong reaction in the US stock market. Palantir's new AI tool is hot and its stock price has risen by more than 20%. Microsoft and Oracle are considering sharing AI servers. Tesla denies that the next-generation Model 3 will be mass-produced in Shanghai in June. The Biden administration's efforts to break the US government's debt ceiling have failed. Gao Shuo advises investors to prepare for increased volatility in the US stock market in the coming months.

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Market Overview

The three major US stock indexes all closed down, with the Dow struggling to turn around and ultimately failing, and regional bank stock indexes falling for two consecutive days.

Chinese concept stocks generally fell, with Meiriyouxian falling 21% and Shengfeng Logistics rising 98.65%.

Top Stocks

Tesla: The Texas Super Factory Model Y has a weekly production capacity of 5,000 vehicles.

It is reported that the replacement of Tesla Model 3 will be mass-produced in Shanghai on June 1.

Goldman Sachs, Microsoft, and the Chicago Options Exchange will launch a blockchain network.

Tencent Weishi begins recruiting individual creators for Douyin, Kuaishou, and Xiaohongshu.

Amazon announced the launch of a new immersive shopping experience called "Amazon Anywhere."

Big data company Palantir's new AI tool is in high demand, with stock prices rising more than 20%.

Microsoft and Oracle are considering sharing AI servers.

[LinkedIn China will stop its services, affecting 57 million users.](https://longportapp.com/en/news/87208169? force=1&app_id=longbridge)

NVIDIA's monopoly era is over? ChatGPT ignites Google and Microsoft's chip war, and Amazon also enters the game

Western Petroleum redeems Buffett's preferred shares at a premium of 10%

Geely Automobile aggressively expands into Southeast Asia

Meituan is forced to pay 16.68 million yuan again, and overnight US stocks fell by 21%, with a market value of less than 5 million US dollars

IBM CEO: In the next 5 years, artificial intelligence will replace 30% of transactional jobs

HSBC Holdings will launch a buyback of ordinary shares, with a maximum amount of US$2 billion

Douyin releases "Platform Specification and Industry Initiative for AI-generated Content"

Kuaishou holds e-commerce attraction conference and announces the upgrade of the "Chuanliu Plan"

IPO opportunities

Protechting Group Holdings: Hong Kong IPO issue price is HK$10.6, and dark trading will be conducted today

Macro and Strategy

Bank of America: Customer buyback frenzy drives US$2.2 billion into US stocks force=1&app_id=longbridge)

CITIC Securities: There is still room for value stocks to be revalued, represented by "Zhongtegu", but the in-depth interpretation will begin to differentiate

CPI is coming, fasten your seat belt! Goldman Sachs and JPMorgan: The S&P 500 may rise more than 2% or fall more than 2%

Quantitative funds are sharpening their knives, Goldman Sachs warns that the volatility of US stocks will increase, and stock prices will be more likely to plummet suddenly in the future

US President Biden: The United States will not default

Debt deadlock is not broken! After the White House meeting, the Republican leader said there was no new trend, and the Democratic Party insisted on not tying it to spending cuts

The third in command of the Federal Reserve: I have not said that the rate hike is complete, and there is no reason to cut interest rates this year

S&P: Downgraded the actual GDP growth forecast for the United States in 2023 to 1.2%

"Soros Comrades" sing short songs about the US economy intensively, but say that there are incredible investment opportunities in the next few years

The US small business confidence index in April fell to the lowest level in more than 10 years

South Korea releases a ten-year development blueprint for semiconductors to ensure a "super gap" in storage and foundry force=1&app_id=longbridge)

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