U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
gtja: Cloud applications and terminal asia vets dual-wheel drive industrial upgrade AI track companies usher in important development opportunities.
Taikun An released research reports stating that with the accelerated advancement of AI applications and the continuous emergence of scene-based cases, combined with the dual-drive of cloud applications and terminal intelligence, the industry upgrade has brought important development opportunities for AI companies.
Express News | Jpmorgan lowered baidu's target price from $130 to $87.
Shares of US-listed Chinese Stocks Are Trading Higher Following a Report Indicating Additional Chinese Fiscal Stimulus After a Key Economic Meeting in December.
JPMorgan Downgrades Baidu on Uncertainty Over Earnings, AI Monetization
J.P. Morgan Downgrades Baidu(BIDU.US) to Hold Rating, Cuts Target Price to $87
JPMorgan Downgrades Baidu to Neutral From Overweight, $87 Price Target
Express News | Baidu Inc : JP Morgan Cuts to Neutral From Overweight
Express News | Ishares China Large Cap ETF up 2.8%, Kraneshares CSI China Internet ETF up 3.2%
Express News | U.S.-Listed Shares of Chinese Firms Rise Tracking Gains in Mainland Peers
Apple Slips as China Data Shows Smartphone Plunge in October: Report
Express News | Li Auto up 3.2%, Xpeng up 3.3%
shenzhen longli technology (300752.SZ): The company's products are not yet applied to baidu's AI glasses.
On November 27, Geelonghui reported that shenzhen longli technology (300752.SZ) stated on the investor interaction platform that the company's products have not yet been applied to baidu's AI glasses. The company's backlight display products can be applied to VR glasses, and currently, the company has already provided bulk supplies of VR products to terminal brands such as Varjo and Meta. Meanwhile, the company has laid out Micro-LED technology and has reserved relevant patent technologies.
[Special guest V] Deng Shengxing: Trump imposes tariffs on china, causing market concerns.
King Wo Finance News | The Hang Seng Index closed at 19,159 on Tuesday (26th), up 8 points or 0.04%. The total market turnover was 122.2 billion yuan. The National Index fell by 0.2% to close at 6,851. The Technology Index dropped by 0.3% to 4,221. The iPhone 17's ultra-thin body is set to abandon the physical SIM card, and reports suggest that the camera, speakers, communication antenna, and battery capacity may also need to be "sacrificed," leading to a decline in Apple-related stocks. Sunny Optical Technology (02382) fell by 2.5%; the price of bitcoin has retreated, affecting the related etfs and concept stocks. Huaxia Bitcoin (03042) dropped by 5.5%; Southern Bitcoin (03066) fell by 4.8.
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
U.S. stocks closed: The Dow and S&P reached all-time highs, while general motors plunged nearly 9%.
① Most technology giants rose, only Tesla fell; ② Eli Lilly and Co rose by 4.5%, as Biden proposed health insurance coverage for weight loss drugs; ③ The Chinese concept stock Jinlong Index fell by 0.8%, Nio fell by 7.7%; ④ Apple proposed to increase investment by 0.1 billion US dollars to seek to lift the sales ban, but was rejected by the Indonesian government.
Apple Faces Uphill Task to Launch AI Model for IPhones in China - Report
Express News | As the cold wave brings down temperatures, the search index for electric blankets rises, chengdu rainbow appliance(group) shares responds: sales remain relatively stable.
Hong Kong stocks closed (11.26) | Hang Seng Index rose by 0.04%. Shipping, autos, export stocks are under pressure. Some consumer stocks are showing active performance.
Hong Kong stocks opened lower this morning and then moved higher. The Hang Seng Index rose more than 140 points in early trading, but later lost momentum. In the afternoon, the three major indices successively turned downwards, with only the Hang Seng Index closing slightly higher in the end.
Express News | Lobster Fast Run will conduct road tests in Hong Kong.