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2023.05.23 00:08
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Breakfast | Morgan Stanley warns that a new bull market in US stocks has not yet begun, Bill Gates says AI assistants will replace Alphabet-Amazon

The S&P 500 index is approaching its highest level in 9 months, while the Dow has fallen for two consecutive days and the NASDAQ Composite Index has reached its highest level since August 18th of last year. Chinese concept stocks rose, with NIO-SW up 8.98%. XPeng Motors has registered 200 million ADS for Hong Kong and US stock exchange conversion needs. Microsoft executives continue to sell stocks, cashing out more than $7.5 million this month. Kuaishou has formed a large-scale model development team, and the current model is in the training phase with no release plan yet. The California Public Employees' Retirement Fund sold NIO Inc. USD OV shares.

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Market Overview

The S&P 500 index is approaching its highest level in 9 months, the Dow has fallen for two consecutive days, and the Nasdaq has hit its highest level since August 18 last year.

The Nasdaq China Golden Dragon Index rose 2%, and new energy vehicle companies performed strongly, with NIO-SW up 8.98%.

Top Stocks

Bill Gates: The future belongs to AI personal assistants, and Google and Amazon will be replaced.

Intel reveals the prospects of the "AI chip war" and discloses the details of its future AI computing power deployment.

Media: Disney may carry out the third round of layoffs, affecting more than 2,500 employees.

The US National Labor Relations Board has filed a complaint against Amazon, alleging that the company is involved in illegal labor issues.

Zoom's first-quarter revenue was $1.11 billion, with the market expecting $1.08 billion.

CHINA YOUZAN: Acquires Youzan Technology for HKD 2.62 billion and will hold 100% of the company's equity after the transaction is completed.

A rare event in 18 years! Regional banks "insiders" buy stocks on a large scale after the banking crisis. Market value approaches $3 trillion again! Apple laughs after soaring 35% this year

XPENG-W registers 200 million ADS for supplementary Hong Kong and US stock exchange quota demand

NVIDIA, HLRS and ParTec to jointly build quantum computing laboratory

Going to build a factory in France? BYD responds: evaluating feasibility of building passenger car factory in Europe

State Administration of Press and Publication releases approval information for domestic online games in May, with a total of 86 games approved. CLOUD MUSIC's "Seven Days World" and Tencent's "Ace Warrior 2" are on the list

Microsoft executives continue to sell stocks, cashing out more than $7.5 million this month

Kuaishou's Cheng Yixiao: Developing and training large models as planned, no clear plan for external release at the moment

Chevron plans to acquire PDC Energy in an all-stock deal

Macro and Strategy

McCarthy: Consultation with Biden is productive, but no agreement has been reached, no need to prepare for default

U.S. Treasury Secretary Yellen: Debt ceiling measures may still be exhausted before June 1 Brad, a hawkish official from the Federal Reserve: Two more rate hikes are needed this year to curb inflation.

The cold winter in the real estate market is far from over: the 30-year mortgage rate in the United States is once again approaching the 7% mark.

Morgan Stanley: Don't mistake the rise in US stocks for the start of a new bull market.