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
Top Stocks
Bill Gates: The future belongs to AI personal assistants, and Google and Amazon will be replaced.
Media: Disney may carry out the third round of layoffs, affecting more than 2,500 employees.
Zoom's first-quarter revenue was $1.11 billion, with the market expecting $1.08 billion.
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
Microsoft executives continue to sell stocks, cashing out more than $7.5 million this month
Chevron plans to acquire PDC Energy in an all-stock deal
Macro and Strategy
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.
Morgan Stanley: Don't mistake the rise in US stocks for the start of a new bull market.