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LB Select
2023.09.20 10:55
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Pre-market US stocks | Rumor has it that Microsoft cancels orders from NVIDIA H100, Intel releases the most powerful PC processor, Xiaopeng G9 enters the German market next year.

Instacart fell more than 4%, Arm fell nearly 2%, Pinterest rose 4%, nCino fell 5%, Mattel fell 2%. JD.com fell more than 1%, NetEase fell nearly 2%, NIO rose nearly 3%, Beike rose more than 1%, and Li Auto rose 1%.

Top News in US Stocks

  1. China Association of Automobile Manufacturers: Strongly opposes the EU's anti-subsidy investigation on China's new energy vehicles.

  2. Market News: The United Auto Workers union has launched a strike at three major US automakers, namely General Motors, Ford, and Stellantis.

  3. Recent news suggests that the market saturation of the NVIDIA H100, which has been selling well since the end of 2022, has made it difficult to see customers placing crazy orders, especially with the fading hype of ChatGPT. Microsoft has started reducing its orders for NVIDIA H100 chips, and the delivery has slowed down.

  4. On September 19, the 2024 Xiaopeng G9 was launched, with a starting price of 263,900 yuan and immediate delivery. He Xiaopeng, Chairman of Xiaopeng Motors, revealed that the Xiaopeng G9 will enter the German market next year.

  5. The Canadian Auto Workers union (UNIFOR) has reached a preliminary agreement with Ford Motor Company.

  6. Market News: The Republican Party in the US House of Representatives failed to advance the defense spending issue, and the threat of a government shutdown remains unresolved.

  7. JPMorgan Chase warns that oil prices could soar to $120, causing a global economic slowdown.

  8. Intel has released its latest PC processor, MeteorLake, which is the first product in the Core Ultra processor series announced this year. The company claims that this is the most energy-efficient PC processor they have produced so far.

Pre-market Movers

In pre-market trading, Dow Jones futures are up 0.22%, Nasdaq futures are up 0.12%, and S&P 500 futures are up 0.18%.

JD.com is down over 1%, NetEase is down nearly 2%, NIO is up nearly 3%, Alibaba and Pinduoduo are down 0.4%, Baidu and Bilibili are down 0.7%, Beike is up over 1%, Li Auto is up 1%, and Xiaopeng Motors is down 0.8%.

Instacart is down over 4%, Arm is down nearly 2%, Pinterest is up 4%, nCino is down 5%, and Hasbro is down 2%.

US Stock Strategies

  1. US Stock Options | NIO Options Trading Triples, Intel and Rivian Options Trading Doubles

  2. Valued at $9.2 Billion! Will Klaviyo's IPO Tonight See a Big Rise Like Arm and Instacart?

  3. Tesla Faces Another Investigation, Will It Have a Significant Impact on the Stock Price?

  4. Signaling a Peak? As Oil Prices Break $95, Hedge Funds Sell Energy Stocks

  5. Preview of the Fed's Decision: No Rate Hike Expected in September, Focus on Dot Plot and Economic Forecasts

  6. Quick Look at Major Banks | Can Tencent, Meituan, and XPeng Still Rise by Nearly 50%? Netflix's Target Price Cut!

  7. Pharmaceutical and Healthcare Sector Has Had a Tough Year, But Wall Street Still Bullish on These Six Stocks

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