Goldman Sachs pointed out that although AI is not yet widespread, data shows that AI can significantly improve productivity. Both academic research and corporate cases have shown that adopting AI can increase labor productivity by an average of 25%

Goldman Sachs: Less than 5% of companies use AI in the first year after the "AI revolution", but early adopters see significant efficiency gains

After the Bitcoin spot ETF, the enhanced version has also arrived

Specializing in Bitcoin volatility! Bitcoin leveraged and short ETFs are here

小米汽车开启首批交付，雷军宣布小米正式成为一家车厂。小米 SU7 在全国 28 城交付中心同步开启首批交付。小米汽车售后网络已设立 58 个服务中心，为车主提供一站式服务。小米汽车工厂具备高度自动化、智能化特点，每 76 秒下线一台小米 SU7。工厂正在全力提高产能，保障用户交付体验。

小米汽车开启首批交付 雷军宣布：小米正式成为一家车厂！

美股估值已然太高，美债收益率上升又将带来考验。美国股市创纪录新高，但股票估值也在上升，而美国公债收益率最近几周加速上涨。一些投资者担心股市可能因为估值过高而更显脆弱。收益率上升还会提高公债相对于股票的吸引力。这种趋势令人不安，因为近年来收益率上升多次为股市倾覆推波助澜。投资者对美联储的降息预期也存在疑虑，强劲的经济数据让投资者怀疑其能否放松利率。

《分析》美股估值已然太高，美债收益率上升又将带来考验

伊藤忠商事涨幅扩大至 7.1%，为 10 月 10 日以来的最大涨幅。公司将回购价值近 10 亿美元的股票。

摩根士丹利将英飞凌评级上调至增持，目标价 40 欧元。

Despise Google, understand Google, become Google

Perplexity is going to do auction ranking. Is the end of the big model still advertising?

Samsung has recently launched a new type of add-on card called CXL tiered memory hybrid memory module, aiming to increase the memory capacity of servers without the need for locally installed DDR5 memory. This solution runs on the open industry standard CXL, supporting additional RAM and flash memory for remote access. Samsung plans to introduce early versions of 3D DRAM by 2025 and shrink its key dimensions to 8-9nm. This is a pioneering technology by Samsung globally, which is expected to have a significant impact on the server industry

Samsung CXL, a global first, unveils 3D DRAM roadmap

4 月 3 日上午，小米 SU7 首批交付仪式在北京亦庄的小米汽车工厂总装车间举行。对于产能瓶颈问题，小米方面回应证券时报·e 公司记者表示，目前小米汽车工厂全力以赴提高产能，并充分动员供应链伙伴全力保供，稳定推进现有订单的尽快交付、未来订单的有序处理，保障用户的交付体验。

小米方面回应产能问题：全力以赴提高产能，并充分动员供应链伙伴全力保供

台湾地震已在震源周围引发局地海啸，对台湾东部地区造成了一定影响。海啸波高达 45 厘米。自然资源部海啸预警中心将继续跟踪分析地震和海啸监测数据，并及时发布信息。

台湾地震已在震源周围引发局地海啸

China Construction Bank held its 2023 annual performance conference, addressing hot topics such as fee reduction, mortgage situation, and dividend plans. The bank stated that fee reduction is a common pressure faced by the banking industry, but the decrease in agency fees is conducive to the transformation of commercial banks' agency business from price competition to quality competition. China Construction Bank will stabilize fee income growth by leveraging its advantages in comprehensive financial services for corporate clients, consolidating its advantages in retail banking business, and accelerating the construction of asset management business research and development capabilities. The management has formulated specific plans and increased resource allocation and incentive efforts

Bank of China 2023 Performance Conference: Actively and orderly advancing mid-term dividends

台积电表示，为确保人员安全，依公司内部程序部分厂区已进行疏散，工安系统正常；详细情况目前尚待确认。台积电厂房目前部分石英管材破裂，在线晶圆有部分毁损，部分机台已暂停运转做停机检查，避免偏移。依现况预估，将影响工作时数在 6 个小时以内，对台积电第二季财报预测的影响约 6,000 万美金，整体影响有限。

报道：台积电部分厂区进行疏散，预计对公司第二财季影响约 6000 万美金

金十数据 4 月 3 日讯，昨晚茅台年报公布后，有市场猜测，段永平方面已减持茅台股票。今日早间，段永平在社交平台上称：“贵州茅台，我们一股没卖。” 茅台年报显示，两家私募——金汇荣盛三号和瑞丰汇邦三号均在 23Q4 减持部分茅台股票，而这两家私募均被认为与段永平存在关联。

段永平：对贵州茅台一股未卖

Xi Jinping pointed out that this year's Sino-US relations should adhere to several major principles. First, harmony is the most valuable, adhere to the bottom line of non-conflict and non-confrontation, and continuously enhance positive expectations for Sino-US relations. Second, stability is the priority, do not stir up trouble, do not provoke, do not cross the line, and maintain overall stability of Sino-US relations. Third, trust is the foundation, fulfill commitments with actions, and turn the "San Francisco Vision" into reality

Xi Jinping spoke with US President Biden over the phone

据媒体报道称，代工厂广达、仁宝、纬创、英业达、和硕产线及营运目前都正常。广达与仁宝表示办公室有部分柜子翻倒，目前公司及工厂正常营运。纬创及英业达皆表示，营运正常；和硕指出，中国台湾厂区没有问题，产线正常，无人员受伤。中国台湾花莲县海域发生 7.3 级地震。

报道：中国台湾发生 7.3 级地震，芯片代工厂产线营运正常

比特币向上触及 66000 美元/枚，日内涨 0.42%。

美国知名市场分析师 Fundstrat 研究主管汤姆·李预测，基于最新的通胀指标和市场走势，美联储有望在不到两个月内进行今年的首次利率降息。他认为，经济中的通胀正在放缓，一些信号支持了他的观点。然而，市场对此存在不同观点，只有 57% 的投资者预计美联储会在 6 月发起首次降息。不过，美国制造业和就业市场表现强劲，这支持了关于美国经济韧性的观点。

通胀降温预示美联储降息在即？市场观点激烈对峙！

美国半导体产业协会报告指出，2024 年 2 月全球半导体销量同比增长 14.3%。

芯片制造初创公司 Cerebras Systems 选择花旗担任其首次公开募股 (IPO) 的牵头银行。该公司计划在下半年上市，并可能在 IPO 中寻求超过 2021 年融资 40 亿美元的估值。此前，Reddit 和 Astera Labs 成功在美上市，为未来更多公司的 IPO 奠定了基础。Cerebras 在 2021 年的融资中筹集了 2.5 亿美元，估值超过 40 亿美元。

传芯片制造商 Cerebras Systems 选择花旗担任 IPO 主承销商 最早下半年在美上市

港股万国数据涨超 7%，此前宣布进军日本东京市场，将建总 IT 容量 40MW 的数据中心园区。

据澎湃，中国地震台网正式测定：4 月 3 日 7 时 58 分在台湾花莲县海域发生 7.3 级地震，震源深度 12 千米。随后，4 月 3 日 8 时 11 分在台湾花莲县海域发生 6.0 级地震，震源深度 10 千米。4 月 3 日 8 时 35 分在台湾花莲县发生 5.9 级地震，震源深度 10 千米。台当局气象主管部门表示，这是 “921” 地震发生 25 年来最大规模地震。

台气象部门：这是台湾地区自 921 地震发生 25 年来最大规模地震

台湾花莲今早 (3 日) 发生规模 7.2 级地震，台积电表示，有部分厂区进行人员疏散，至於受损情况目前仍在清查当中。台湾晶片重镇竹科各区的电力正常，台积电、联电、友达、旺宏及力积电等在地震发生时已疏散厂内员工，部分机台正常预防性停机，但并无出现异常。

花莲 7.2 级地震 台积电部分厂区进行人员疏散

港股开盘，恒指开跌 0.03%，科指开涨 0.02%。科网股多数上扬，百度涨 2.29%，黄金股持续活跃，灵宝黄金涨近 5%。

Tesla's 2024 got off to a bad start, with a difference of nearly 50,000 vehicles in production and sales data. Inventory data confirms that Tesla may have a serious demand shortage issue. Analysts are alarmed, calling the first-quarter delivery volume an inexplicable disaster

"Thought it would be bad, didn't expect it to be this bad!", Tesla falls from grace

台湾电力公司：台湾核电厂运营正常，台湾电力分配系统已经稳定。

什么才是阿里的核心业务？答案很快呼之欲出：吴泳铭同时兼任 CEO 的淘天和阿里云，以及他提到的第一批四大战略级创新业务 1688、闲鱼、钉钉和夸克都毫无疑问是核心。

变革一年后，阿里赌注抬升

比特币跌破 65000 美元/枚，日内跌 1.14%。

米哈游四大老板，身价飙至 1635 亿。该游戏公司成立不久便有四位顶级富豪，其中蔡浩宇成为了去年国内财富增长第二快的游戏新贵。四人合计身价已达 1635 亿元，但与腾讯、网易等老牌游戏巨头相比，米哈游仍存在差距。

米哈游四大老板，身价飙至 1635 亿

美国平均房价超过 100 万美元的城市数量创下了历史新高，根据房地产网站 Zillow 的一份报告，目前有 550 个城市的典型房屋价值超过七位数，这是有记录以来所谓 “百万美元城市” 数量最多的一次。加州是 “百万美元城市” 最集中的地区，有 210 个城市的平均房价超过 100 万美元。根据 Zillow 的数据，今年 2 月美国中位数房价为 34 万 9216 美元，已经比年初上涨了 4%。

美国 550 城房价超百万美元，创历史纪录

在传出地震报道后，美元/日元小幅走低，东证指数走低。鉴于交易员头寸倾向于做空日元，可能出现下意识的空头回补反应。

雷军发微博称，三年前的豪言壮语，今天变成了现实，我会将一台台崭新的小米 SU7 亲自交到首批车主手上。从今天开始，小米正式成为一家车厂。

雷军：今天会将一台台崭新的小米 SU7 亲自交到首批车主手上

S&P and Dow Jones both fell for two consecutive days. Tesla dropped for the third consecutive day, with quarterly deliveries far below market expectations. Intel's transformation suffered setbacks, with losses in its contract manufacturing business widening. Xi Jinping stated that the US's economic, trade, and technological suppression against China is not about "reducing risks" but creating risks. Boeing secured a contract worth up to USD 559 million from the US Air Force over the next five years. HSBC is reportedly considering selling part of its business in Germany. Huawei plans to distribute dividends to shareholders totaling RMB 77.095 billion

Breakfast | US stocks, bonds, and forex are all down, "Several key principles must be adhered to in Sino-US relations this year"

马斯克公司特斯拉成为奥斯汀地区最大的私人雇主，员工人数去年增长 86%，达到 22777 人。奥斯汀是特斯拉超级工厂的所在地，该公司在这里生产 Model Y 和 Cybertruck。马斯克旗下的 Neuralink 公司在奥斯汀有 300 名员工，而 SpaceX 也在德克萨斯州有大量业务。

马斯克成奥斯汀地区最大私人雇主，坐拥 6000 英亩土地

彭博汇总数据显示，美国投资顾问公司 Driehaus Capital Management 旗下规模 28.9 亿美元的新兴市场成长基金在 2 月份建仓做多中国石油 H 股等八只股票，清仓淡水河谷 ADR 等八只股票。增持台积电、新东方 ADR、金沙中国等 73 只股票，减持拼多多和腾讯控股等 24 只股票。重仓股包括台积电、三星电子、腾讯控股等。

跑赢 94% 同行的 Driehaus 新兴市场基金大手笔买进中石油，出清联想

TotalEnergies SE(TTE) rose 2.81%, with a trading turnover 239.6 Million USD, and a year-to-date rose 7.7%. Shell(SHEL) rose 2.71%, with a trading turnover 556.8 Million USD, and a year-to-date rose 7.1%. Unitedhealth(UNH) fell 6.44%, with a trading turnover 5.4 Billion USD, and a year-to-date fell 12.7%. Tesla(TSLA) fell 4.9%, with a trading turnover 19.3 Billion USD, and a year-to-date fell 32.9%.

Top 5 US Stock Gainers/Losers (>100B) (4.2)

Verve Therapeutics(VERV) fell 34.95%, with a trading turnover 81.8 Million USD, and a year-to-date fell 40.3%. PVH(PVH) fell 22.22%, with a trading turnover 729.2 Million USD, and a year-to-date fell 11%. Humana(HUM) fell 13.41%, with a trading turnover 2.9 Billion USD, and a year-to-date fell 33.4%.

Top 10 US Stock Losers (4.2)

Canopy Growth(CGC) rose 10.89%, with a trading turnover 276.8 Million USD, and a year-to-date rose 63.4%. ChampionX(CHX) rose 10.4%, with a trading turnover 638.4 Million USD, and a year-to-date rose 34.2%. Reddit(RDDT) rose 9.75%, with a trading turnover 457.3 Million USD, and a year-to-date rose 48.4%.

Top 10 US Stock Gainers (4.2)

Yatsen(YSG) rose 12.23%, with a trading turnover 1.1 Million USD, and a year-to-date fell 29.7%. Iczoom(IZM) rose 10.55%, with a trading turnover 2.3 Million USD, and a year-to-date rose 15.5%. Microvast(MVST) fell 34.08%, with a trading turnover 8.5 Million USD, and a year-to-date fell 57.9%. EHang(EH) fell 12.75%, with a trading turnover 53.5 Million USD, and a year-to-date rose 6%.

Top 5 CDRs Gainers/Losers (>100M) (4.2)

Despite facing declining revenue and expanding losses in the wafer foundry business, Intel remains optimistic about the future development of this division

Intel's wafer foundry business is expected to incur a loss of $7 billion in 2023, with the stock price dropping more than 4% after hours

Apple's stock price has fallen by more than 10%, with a market value evaporating by about $330 billion. Traders are looking for signs that the worst may be over. Compared to other large tech companies, Apple is undervalued. Microsoft has a market value close to $3.1 trillion, while Apple is at $2.7 trillion. The market believes that Nvidia is replacing Apple as the tech giant worth owning. Apple has shown no performance in artificial intelligence, faces regulatory threats, and is experiencing a slump in iPhone sales

Is it time to "buy the dip"? Analyst: Apple's darkest moment may have passed

消息人士称，比特币 ETF 将被添加到瑞银平台，将于下周广泛使用。瑞银管理着 3.5 万亿美元的全球财富。

比特币 ETF 据称将被添加到瑞银平台

On Tuesday, most Bitcoin concept stocks fell. As of the time of publication, Marathon Digital and MicroStrategy both dropped over 7%, Riot Blockchain fell over 6.5%, Canaan Technology fell over 6%, and Coinbase fell over 2.7%. Bitcoin fell below $65,000 per coin for the first time since March 24th, dropping 6.84% intraday

U.S. Stock Market News | Bitcoin falls below $65,000 per coin, leading to a decline in Bitcoin-related stocks

Xiaomi's entry into the crowded EV market poses a threat to Tesla, as it has deeper pockets and expertise in smart dashboards. Tesla has already faced intense competition and unsatisfactory growth in China, leading to production cuts. The overall growth of EVs in China has also slowed down, impacting both Tesla and BYD. With Xiaomi's promising pre-order numbers for its electric sedan, Tesla's troubles may worsen.

Xiaomi's Entry To An Already Crowded EV Market Could Make Things Even Worse For Tesla

Guizhou Maotai has exceeded its annual growth target of 15%, with a net profit of 74.734 billion yuan, equivalent to earning 2.04 billion yuan net profit per day last year. The company plans to distribute 308.76 yuan for every 10 shares, compared to the cash dividend of 38.786 billion yuan last year, setting a new record for total dividends. Maotai has attracted a large number of young consumers, with a user base exceeding 65 million, and the recent daily active users reaching 7 million

Making 204 million yuan per day! Guizhou Maotai exceeded its 2023 target, with total revenue surpassing 100 billion, setting a record for dividends | Financial Report Insights

Alibaba Group has repurchased shares worth $4.8 billion, the largest ever quarterly share repurchase for the Chinese e-commerce giant. The company increased its buyback plan by $25 billion to address concerns over its growth prospects. Alibaba's shares have declined this year due to lower earnings, per-user spending, and increased competition. The company reported a 77% slump in net income for the third quarter. Alibaba is currently undergoing a restructuring and refocusing on its core business.

Alibaba makes biggest ever quarterly share repurchase worth $4.8 bln

Tesla delivered far below analysts' average estimate in the first quarter, with 449,080 vehicles delivered. The delivery volume of Model 3/Y decreased by 10% year-on-year

Tesla pre-market fell nearly 7%! Delivering 386,800 vehicles in the first quarter, marking the first year-on-year decline in 2020

ProShares 比特币策略 ETF 下跌 7.4%。

比特币失守 6.5 万美元/枚，美股加密股走低，MicroStrategy 跌 8.7%，Coinbase 跌 5.8%，Robinhood 跌超 6%。

Tencent's major shareholder Naspers continues to reduce its holdings in Tencent by about 50.9 million shares, reducing its stake to 2.326 billion shares. Tencent plans to repurchase more than HKD 100 billion by 2024, demonstrating confidence in the value of its own stock and future prospects. With ample cash flow, Tencent's operating cash flow increased by 52% in 2023, and the company's cash and cash equivalents on hand are approximately HKD 172.3 billion. The CEO of Tencent stated that increasing repurchases is most beneficial to shareholders, and it is expected that cash flow will continue to grow this year

Over 50 million shares! Tencent once again faces significant reduction in holdings by major shareholders. Can the 100 billion buyback plan withstand the pressure?