Morning Review: Overnight Reversal! Microsoft Surges 15%, Igniting the Market; Chip Stocks See Violent Rebound

🔥 Shocking Overnight US Stock Market Reversal: Dow Jones Industrial Average closed at 52,187.42 points, up 593.28 points (+1.15%); S&P 500 rose 1.66% to 7,437.69 points; Nasdaq surged 2.78% to 25,123.38 points, closing heavily.

💻 Microsoft's Market Cap Surged by $450 Billion in a Single Day: Microsoft's Q4 Revenue of $90.01 Billion Beat Expectations, Azure Full-Year Revenue Broke the $100 Billion Mark for the First Time; Capital Expenditure Forecast for FY2027 Reduced to $175 Billion. Microsoft's Stock Price Soared Over 15%, Setting the Record for the Largest Single-Day Gain in 18 Years and Breaking Wall Street's Historical Record for Single-Company Daily Market Cap Increase.

💀 Meta Continues to Crash: Q2 Free Cash Flow Dropped to Just $784 Million, a Plunge of 91% from Last Quarter's $12.39 Billion; Q3 Revenue Guidance Disappointed. Meta Fell Over 7% After Hours.

⚡ Violent Rebound in Chip Stocks: Philadelphia Semiconductor Index Surged 8.2%. SanDisk Rose 26%, Micron Rose 18%, AMD Rose 13%.

🇨🇳 Chinese Concepts Stocks Rally for Four Consecutive Days: Golden Dragon Index Rose Another 1.05%. Baidu Rose 2.1%, NetEase Rose 1.76%, Alibaba Rose 1.12%.

🇭🇰 Hong Kong Stocks Opened This Morning: Hang Seng Index Opened Lower by 0.08% at 25,837.72 Points; Tech Index Opened Higher by 0.3% at 4,818.01 Points. New Oriental Reported 7.7 Times More Profit Last Quarter, Opening Up 14.7% to Lead Blue-Chip Gainers.

Microsoft Wins, Meta Loses — The Watershed Moment of the AI Narrative Has Been Crossed