Google's carbon emissions have increased by nearly half in the past five years, making it more difficult to achieve the goal of eliminating carbon emissions by 2030. Google stated that integrating artificial intelligence into products may increase energy demand, leading to an increase in carbon emissions. With the development of artificial intelligence, tech companies need more data centers to build and operate AI, which may have a disruptive impact on energy transition plans and environmental goals. Microsoft is also facing similar issues, as its carbon emissions have risen with increased investments in artificial intelligence

Integration of AI leads to increased energy consumption, Google's carbon emissions have surged by 48% over the past five years

Powell reiterated significant progress on inflation and refused to comment on the September rate cut. Innovators like Apple and Amazon hit new highs. Tesla surged 10%, with a market value above $730 billion, denying the halt of production of 4680 batteries. Bank of America stated that institutions and retail investors were net buyers of US stocks. Apple is expected to serve as an observer on the OpenAI board. Apple has increased orders for the A18 chip series. Analysts are bullish on the S&P 500 index to 5700 points

Breakfast | Nasdaq, S&P, Amazon, Apple, Microsoft hit new highs again, Tesla's delivery volume beats market expectations

HTSC released a research report stating that market risk appetite has declined, but liquidity remains in a balanced phase. Foreign capital and margin financing are the main net outflows, while retail investors/ETFs/industry capital are the main support funds, and dividend trading activity has risen to near a one-year high. In addition, QDII ETF has seen net inflows for three consecutive weeks, with the highest premium rate for investing in US stocks. HTSC's view is that foreign capital continues to flow out, QDII ETF has seen net inflows exceeding 1.5 billion RMB for three consecutive weeks, providing liquidity support for long-term funds entering the market. Margin financing has seen net outflows, while retail investor funds have seen net inflows

HTSC: The funding situation is still in a plateau period, and the trading heat of dividend transactions has risen to nearly a one-year high

On Tuesday, the three major U.S. stock indexes collectively rose, with the Hang Seng Index ADR rising. By calculation, it closed at 17,847.95 points, up 78.81 points or 0.44% from the Hong Kong market close. Most large-cap blue-chip stocks rose, with HSBC Holdings closing at HKD 68.884, up 0.93% from the Hong Kong close; Tencent Holdings closed at HKD 370.359, up 0.31% from the Hong Kong close

Intelligent Investor ADR Statistics | July 3rd

Tesla's second-quarter delivery results exceeded expectations, with the stock price soaring by over 10%. The company delivered 443,956 vehicles, higher than the expected 438,000, with production exceeding sales, easing pricing pressures. Tesla stated that it deployed 9.4 gigawatt-hours of battery storage in the quarter, reaching a historical high. Analysts raised their target stock price, alleviating concerns about soft demand for Tesla. Prior to the delivery results announcement, Tesla's stock price had risen for five consecutive days by about 15%. This increase raised the risk of disappointing delivery results. Overall, Tesla's delivery performance was strong, and the market holds an optimistic view of its prospects

Stock price soared by over 10%, Tesla continues to write the "myth" of electric vehicles

The media reported that in a series of new machine learning features called Google AI, Pixel Screenshots is similar to Microsoft's controversial Recall feature, but it focuses more on privacy, only applicable to manually taken screenshots by users. The new Add Me feature may be an upgrade to the AI photo feature Best Take, while another feature Studio may be a generative AI image generator similar to Apple's Image Playground feature

Stronger than Microsoft? Google Pixel 9 phone's new AI features enhance photo taking, screenshots, and image generation

周二热门中概股涨跌不一，纳斯达克中国金龙指数（HXC）收高 0.78%。上涨股包括台积电、阿里巴巴等，下跌股包括网易、联电等。美股周二收高，纳指与标普指数再创收盘历史新高。市场关注周五的 6 月非农就业报告。

周二热门中概股涨跌不一 台积电涨 2%，联电跌 5.4%

Tesla delivered a total of 444,000 new cars in Q2, exceeding the market's expected 439,000 units, helping Tesla maintain its position as the world's top-selling electric vehicle. Data shows that Tesla's sales in the Chinese and American markets exceeded expectations

Tesla soared more than 10% intraday! Q2 delivered 444,000 new cars, better than the market's pessimistic forecast

The US FDA has approved Eli Lilly's donanemab under the brand name Kisunla for sale in the United States to clear obstacles, making it the second drug to slow down brain atrophy disease to be marketed in the US. The developer of its US competitor Leqembi, Bojian, saw a drop of nearly 3% in midday trading

New Alzheimer's drug approved in the US, Eli Lilly narrows intraday decline by over 3%

Pacific Investment Management Company (PIMCO) portfolio manager and market strategist Tony Crescenzi: Investors should remain patient about the prospect of the Federal Reserve cutting interest rates

The yield on the 10-year US Treasury benchmark bond fell as Federal Reserve Chairman Powell mentioned progress in fighting inflation. The yield on the 2-year US Treasury bond also declined. The 2/10-year Treasury yield spread narrowed. The yield on the 10-year US Treasury Inflation-Protected Securities (TIPS) decreased

US Treasury yields generally fell, Powell says progress made in fighting inflation

Ocean Power (OPTT) stock is up 80% today due to its partnership with Unique Group, a global innovator in subsea technologies. The deal aims to deploy OPT's unmanned surface vehicles (USVs) in the UAE and other Gulf Collaboration Council countries, potentially accelerating the adoption of USVs in the region. This partnership represents a credibility extension for OPTT stock, which has been attempting a comeback.

Why Is Ocean Power (OPTT) Stock Up 80% Today?

According to media statistics, the spread between Tesla's call options and put options over the past three months is the widest since February 1, 2021. This marks a reversal in market sentiment in just three weeks, while Tesla's stock has already risen by 34% during this period

Tesla has been soaring for days, with bullish sentiment among options investors hitting a three-year high

Last year, Google's energy-related emissions from data center electricity consumption increased by 37%. Due to the electricity demand generated by AI systems, Google may find it challenging to achieve its goal of net zero greenhouse gas emissions by 2030. Google is now emphasizing that this goal is "extremely ambitious"

"Side effects" of AI applications: Google's carbon emissions surge nearly 50% in five years

Media reports indicate that in the first half of this year (ending in June), overseas hedge fund giants Citadel and Millennium continued their strong profit momentum from 2023. Their main hedge funds, Wellington Fund and Millennium Fund, respectively, recorded profits of 8.1% and 6.9%, far exceeding the industry average

Overseas hedge fund giant's first-half performance revealed, Citadel flagship fund 8.1%

On Tuesday (July 2nd), the overnight reverse repurchase agreement (RRP) usage by the Federal Reserve was $443.69 billion, down from $451.83 billion reported on the previous trading day

The pass rate for the CFA Level II exam in May hit a 25-year high, while the pass rate for the CFA Level I exam also exceeded the average level of the past 10 years. This is mainly attributed to a decrease in the number of deferred candidates and an increasing number of university students taking the CFA exam. Data shows that first-time exam takers performed exceptionally well, with a pass rate of 67%, while the average pass rate for deferred candidates was only 39%

CFA Level II exam pass rate reaches a record high of 59% in 25 years

Nasdaq and S&P 500 rebounded, while Dow Jones remained in a downtrend; Tesla led the "FAANG" stocks with an increase of over 10%; Apple rose more than 1.6%; NVIDIA continued to decline, falling by about 2.6% at one point

The Nasdaq and S&P in the US stock market turned higher, with Tesla soaring more than 10% and NVIDIA previously falling about 2.6%

CCData released a report stating that Bitcoin has not yet reached the peak of the current appreciation cycle, as the price expansion period after the halving event has not yet passed. Furthermore, the launch of more cryptocurrency spot ETFs such as Ethereum ETF is expected to further boost the demand for cryptocurrencies

Reviewing History: Bitcoin may hit a new high this year!

Federal Reserve Goolsbee: I think we have constraints

Reminder: Federal Reserve Chairman Powell's speech has ended

Powell: No comment on the 2024 interest rate dot plot

Powell: In the next year, it is expected that US inflation will be at the lower end of the 2%-3% range

On Tuesday, Tesla's stock price rose, with the stock up over 9% to $229 at the time of writing. Tesla delivered 443,956 vehicles in the second quarter, exceeding the estimated 439,302 vehicles; including 422,405 MODEL 3/Y vehicles, higher than the expected 412,288 vehicles; and the delivery volume of other models was 21,551 vehicles. Tesla also stated that the company deployed 9.4 GWh of energy storage products in the second quarter, the highest quarterly deployment to date

US Stock Market News | Q2 Delivery Volume Exceeds Market Expectations, Tesla Surges Over 9%

Powell: Cyber attack risks keep us up at night

Powell: Feels that AI will bring about significant changes

Powell: Most believe that the Federal Reserve will not return to very low interest rates

Powell: We will not comment on trade policy

Powell: The Federal Reserve has always been asked to draw a clear line with US politics, and we have done so

The chief global market strategist of Morgan Stanley's asset management institution stated that only a "bear market in US stocks" similar to that of 2022 can disrupt the dominance of tech giants in the US stock market. Although the earnings growth trend of the S&P 500 index is expected to expand beyond large tech giants, market sentiment needs to be severely hit to prevent these tech companies from continuing to lead the rise in the US stock market. The strategist pointed out that tech giants suffered heavy losses in the market crash of 2022, and currently, the level of control these companies have has never been stronger

Top strategist at Morgan Stanley: Only a "bear market in US stocks" similar to 2022 can overturn the dominance of tech giants

Tesla delivered more than market expectations in the second quarter, delivering a total of 443,956 vehicles, a 4.7% decrease from the same period last year. The stock price soared, leading the electric vehicle sector into a frenzy. This performance marks Tesla's first time exceeding expectations in the past four quarters, with the largest margin since 2021. Prior to Tesla's delivery data announcement, the stock price experienced a decline, causing market concerns. Data from the China Passenger Car Association shows that Tesla's wholesale sales in China also decreased by 2.2%. Analysts' expectations for Tesla's delivery data have been fluctuating. Tesla is about to hold a highly anticipated autonomous driving taxi launch event

Tesla's second-quarter deliveries surged, driving the stock price up and leading the electric vehicle sector into a frenzy

Federal Reserve Chairman Powell: Service sector inflation is more sticky and related to wages

The Nasdaq index turned higher, US Treasury yields extended their decline, and Federal Reserve Chairman Powell stated that we have made significant progress on inflation

Investment bank Evercore ISI maintained a "neutral" rating on online pet supplies retailer Chewy after conducting its fourth annual US pet survey. The survey results showed that Chewy excelled in customer satisfaction, but faced intense competition from omni-channel and value websites, leading to a decrease in the proportion of consumers choosing Chewy as their destination for pet supplies shopping. Chewy needs to develop new strategies to attract and retain customers in the competitive online environment. Additionally, recent disclosures by Roaring Kitty revealed holdings in Chewy, sparking investor interest

"Roaring Kitty" stirs up the market, Chewy faces challenges but still favored by analysts

Analysts' consensus forecast for Q2 is 438,019 vehicles, while the actual number is 444,000

Stock price surges 4.5% pre-market, Tesla Q2 sales exceed expectations

The iPhone16 series comes standard with the A18 processor, as Apple's first AI model, it is expected to trigger a "replacement wave". JPMorgan Chase predicts that within the first year of launching AI phones, iPhone's overall sales will increase by 22 million units

Report: Apple has increased orders for the A18 chip, with iPhone 16 sales expected to reach 100 million units

According to the news from Zhitong Finance and Economics APP, Meituan-W announced that the company spent HKD 500 million on July 2, 2024 to repurchase 4.4773 million shares, with a repurchase price per share ranging from HKD 108.7 to 113.2. On the same day, employees (excluding directors) exercised 2,079 shares by exercising their stock options under the pre-IPO employee share incentive plan

Meituan-W spent HKD 500 million on July 2nd to repurchase 4.4773 million shares

What will be the different outcomes for each e-commerce company?

Pinduoduo, Alibaba, TikTok: Battling for Low Prices and Shelf Space, Will E-commerce Ultimately Become 10x PE Retail Stocks?

Guosen Securities released a research report stating that they are optimistic about the recovery of the third-generation refrigerant industry. They recommend focusing on fluorine chemical industry and upstream resource leaders. Specific targets include ZJJH, Sanmei, Yonghe Stock, Haohua Technology, Kings, GDHEC Co., Ltd., and other companies

Guosen Securities: Optimistic about the continuous recovery of the third-generation refrigerant industry, recommends focusing on fluorine chemical and upstream resource leaders

Market strategists and fund managers from top global asset management institutions believe that artificial intelligence will continue to drive stock market gains and become one of the important investment themes in the global stock market in the second half of this year. Large tech companies such as NVIDIA, benefiting from global AI technology, will continue to lead the market rally, but some strategists and fund managers also believe that second and third-tier beneficiaries of artificial intelligence are expected to emerge. Investors expect the U.S. stock market to hit a new all-time high in 2025

Heavyweight! Top asset management giants support the AI frenzy: "AI leaders" such as NVIDIA will continue to drive the bull market

On July 2, 2024, Xiaomi Corporation-W announced that it will spend HKD 49.7924 million to repurchase 3 million shares at a repurchase price of HKD 16.5-16.66 per share

Xiaomi Corporation-W spent HKD 49.7924 million on July 2 to repurchase 3 million shares

Recently, there have been reports that due to poor energy density, charging performance, and high costs, if cost reduction cannot achieve the expected results by the end of the year, Tesla will consider stopping the production of 4680 batteries at the GigaTexas factory in Texas and instead sourcing them from external suppliers. In response to this, when reporters reached out to Tesla China for verification, the company replied, "It was mentioned at Tesla's June shareholders' meeting that the production of 4680 batteries is progressing smoothly."

Production halted for 4680 batteries? Tesla responds "production is progressing smoothly"

Apple introduced a personal intelligent system called Apple Intelligence at WWDC 2024. Unlike other tech companies, Apple focuses more on user experience and customization. The system consists of multiple generative models that can adapt to users' current activities and provide optimized functions such as text writing, summarization, and notification prioritization. Apple prefers to use small models on the device side to perform these tasks, while also providing third-party services for users to choose from. Apple uses the AXLearn framework for training and utilizes the web crawler AppleBot to collect publicly available data

Why does Apple want to use "small models"?

ZEEKR engages in another price war

State-owned real estate developers are at a critical juncture, with SINO-OCEAN GP facing pressure from overseas debt restructuring and liquidation petitions. Progress has been made on the debt restructuring plan, and the company will open the signing window for the restructuring support agreement. However, the liquidation petition has caused a drop in stock prices, exacerbating the pressure on SINO-OCEAN to complete the debt restructuring. The industry credit storm has forced real estate companies to rely on their own strength to break new ground. Debt restructuring and liquidation petitions have become the norm, with creditors and investors paying more attention to real estate companies' self-rescue intentions and determination. SINO-OCEAN's situation reflects the harsh reality of the real estate industry and also signals that the real estate boom has passed

State-owned real estate developers face a crucial juncture

China Passenger Car Association data shows that in June, Tesla's Model 3 and Model Y wholesale sales dropped to 71,007 units. This is a 2.2% decrease compared to May

On June, Tesla's delivery volume in China decreased by 24% year-on-year, and the global production volume for the second quarter will be announced shortly

The four major insurance companies plan to clear their holdings of approximately 500 billion yen worth of Honda Motor shares. In response to regulatory requirements, the long-standing practice of "cross-shareholding" among Japanese companies is expected to be dismantled. Some analysts believe that this move will drive companies to accelerate share buybacks, thereby increasing their ROE and capital efficiency

The four major property and casualty insurance companies reduce their holdings of Honda, is the "strategic reduction" of Japanese stocks a medium-term positive?

Hong Kong Stock Market Review: Continued clustering, no reduction in dividend tax exemption, funds shifting to high-yield and dividend stocks, overseas elections and rate cuts increasing market uncertainty, favoring high dividend and mid-cap estimates. More substantial stimulus policies are needed domestically. One of the gifts of the return is allowing non-Chinese Hong Kong residents to apply for Home Return Permits, putting pressure on the Hong Kong retail industry. After the opening of the Shenzhen-Zhongshan Link, there is an increase in mainland consumer spending in Hong Kong. LINK REIT has the best defensive capabilities in Hong Kong REITs, but the decline in total retail sales is related to the popularity of shopping in Shenzhen supermarkets. Hong Kong malls need to provide non-shopping experiences to enhance attractiveness. Local telecom stocks may outperform REITs, such as HKT-SS, which is expected to rise to over 9% dividend yield

Hong Kong Stock Market Review: Continue to Hold Together

The rise of artificial intelligence has driven the US stock market up, triggering concerns about a bubble. Similar to the internet bubble 20 years ago, the artificial intelligence frenzy may lead to a similar situation in the stock market. Despite the good financial condition of tech stocks, the AI-driven surge may increase the risk of a stock market crash. Investors are worried that the US stock market will end in an epic collapse, similar to the scenario during the internet bubble era

Is the AI frenzy a replay of the Internet bubble? Will it be more devastating if it collapses?

China Passenger Car Association data shows that Tesla China's wholesale sales volume in June is estimated to be 71,000 units, ranking second in wholesale sales of new energy vehicles. Compared to 72,573 units in May and 93,680 units in June last year, sales have decreased by 2.16% and 24.20% respectively. Overall, according to the preliminary monthly data from the China Passenger Car Association: the comprehensive estimate for June's national wholesale sales volume of new energy passenger vehicles is 970,000 units, a year-on-year increase of 28% and a month-on-month increase of 8%