Pre-market US stocks | Tesla sues Xiaomi's holding company, Xiaopeng plans to enter the German, British, and French markets next year, Arm's ADS pricing per share is between $47 and $51.

US Stock Market News

1. Tesla sues Xiaomi's holding company Bingling Technology for technology secrets infringement and unfair competition.

2. According to the official WeChat account of Li Auto, in the just-concluded 36th week of 2023 (August 28th to September 3rd), Li Auto's weekly sales volume reached 7,400 units, ranking first among China's new energy vehicle brands.

3. The delivery date of Tesla China's Model Y Long Range version is extended to 6-8 weeks.

4. Xpeng Motors plans to enter the German, British, French, and other markets next year. It will showcase the Xpeng G9 and the new version of the P7 model at the Munich Auto Show.

5. TSMC is rumored not to negotiate lower prices with suppliers next year.

6. NVIDIA CEO Jensen Huang meets with Indian Prime Minister Narendra Modi.

7. Goldman Sachs: The possibility of a recession in the United States is 15%, lower than the previous 20%, due to cooling inflation and the resilience of the labor market, indicating that the Federal Reserve may not need to raise interest rates further.

8. In the second quarter, Trip.com Group's net operating revenue was 11.2 billion yuan, a year-on-year increase of 180%, exceeding the same period in 2019 by 29%. The financial report data shows that domestic hotel bookings on Trip.com increased by 170% year-on-year, an increase of over 60% compared to the same period in 2019.

9. According to the Financial Times, Apple and Microsoft argue that some of their flagship services are not sufficient to be designated as "gatekeepers" under the landmark new legislation of the European Union. On Wednesday, the EU will announce the first batch of services that will be regulated under the Digital Markets Act (DMA). This legislation aims to curb the monopoly power of large tech companies.

10. Arm has submitted an IPO application, with the pricing of each ADS between $47 and $51, totaling 95.5 million ADS shares. Companies such as AMD, Apple, Cadence Design Systems, Google International, and Intel have expressed interest in investing. SoftBank Group is expected to hold approximately 90.6% of the beneficial ownership.

Pre-market Movement

US Stock Market Strategies

1. The Most Dangerous September for US Stocks is Here! But Why Might It Not Drop Much? Growth Stocks Still the Main Theme!

2. Doubts About Arm's Growth Prospects, Valuation Lower Than NVIDIA?

3. The Era of "Strict Regulation" is Coming! Europe Aims to "Crack Down" on Tech Giants, Apple and Microsoft Raise the Banner of Resistance

4. International Oil Prices Soaring, Will Energy Stocks Experience a Boom Similar to Last Year?

5. Can NVIDIA, which has risen 230% this year, rise further?

6. Is the US stock market still trading on the "bad news is good news" principle? Things are changing

7. Is the US economy still in recession? Wall Street is arguing

8. Will the US stock market experience a significant correction? Wall Street says no! This year's gains will be preserved

9. Major Bank's Quick Look | BYD's target price raised! Why are analysts still bullish despite Ctrip's post-earnings plunge?