Breakfast | US stock index and Chinese concept stock trends diverge again, OpenAI releases iOS version of ChatGPT
US stocks rose for two consecutive days, while popular Chinese concept stocks fell for three consecutive days overall, with Futu falling more than 6%. OpenOpenAI promises to release an Android version in the future. Meta has launched the MTIA, a custom chip for OpenAI, with a focus on inference for Meta applications. Netflix's advertising business model is starting to pay off. GEELY AUTO invested approximately $295 million to increase its stake in Aston Martin, surpassing Mercedes-Benz and becoming the third largest shareholder.
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Market Overview
Top Stocks
Walmart's first-quarter report is good, warning that non-essential consumer spending is weak.
Meta Platforms Platforms' next round of large-scale layoffs will begin next week.
Apple restricts the use of external AI such as ChatGPT. Meituan Waimai reportedly to launch sister version app in Hong Kong next Monday
Amazon's cloud computing division plans to invest $13 billion in India
Baker Hughes to close its Jacksonville plant and lay off employees
Berkshire Hathaway increases its stake in Western Petroleum again
Geely Holdings increases its stake in Aston Martin shares and becomes the third largest shareholder
Macro and Strategy
Dallas Fed President: It is not yet clear whether interest rate hikes will be suspended in June
New Fed Communications Agency: Fed's "market rescue" after debt defaults is "disgusting" choice
Offshore RMB falls more than 500 points intraday, once falling below 7.06
The United States and other G7 countries will announce new sanctions against Russia
