Amidst the global stock market turbulence, what signal is Warren Buffett conveying by adhering to the "cash is king" strategy?

Before the global "Black Trading Day", the stock god Buffett, who successfully avoided the peak of US stocks, became popular again.

Futu NewsAug 9 18:54

Another humanoid robot has made new progress, and the industry's large-scale application has ushered in a dawn.

On August 8th, in the latest video released by Siasun Robot&Automation, humanoid robot CL-1 was placed in a simulated warehouse and completed a series of heavy-duty and large-scale handling tasks continuously and without interruption between multiple cargo shelves. Wanlian Securities stated that the mass production and large-scale application of humanoid robots are on the horizon and commercialization is expected.

cls.cnAug 9 08:01

“Is it better to get water from afar when one's thirst is near?” Xiangxue Pharmaceutical's stock has risen more than 200% in seven trading days, prompting brokerage firms to publicly warn investors.

Due to the fact that its subsidiary's TAEST16001 injection has been included in the breakthrough therapy list, Xiangxue Pharmaceutical has risen for 7 consecutive trading days; In addition, Zhongshan Securities, a local brokerage based in Guangdong Province where Xiangxue Pharmaceutical is also located, publicly warns its investors of investment risks through its WeChat subscription account.

cls.cnAug 8 16:16

Northbound funds bought a large amount of shares: BYD Company Limited received a net sell of 0.349 billion yuan.

On August 7th, northbound funds net sold 2.136 billion yuan for the whole day, with continuous net sales for 2 consecutive trading days.

Golden10 DataAug 7 17:45

Affected by the lithium price, Canmax Technologies' net profit in the first half of the year decreased by nearly 40% year-on-year. Interpretations.

Affected by the decline in lithium salt prices, Canmax Technologies' revenue and net profit have both decreased in the first half of this year. In terms of the industry, the recent price of lithium carbonate has continued to decline to below 0.08 million yuan/ton. Regarding the trend of lithium carbonate in Q3, industry insiders have stated that based on the current bidding volume of downstream companies, there has not been much improvement in demand growth in Q3.

cls.cnAug 6 23:52

Wuxi Huadong Heavy Machinery's loss prevention: abandoning a 6 billion yuan project, what does this mean for global strategy? | Quick announcement

①Wuxi Huadong Heavy Machinery has decided to terminate the investment in the Bozhou 10GW N-type solar cell project, which was originally planned to invest 6 billion yuan; ②The company stated that the overall price of the photovoltaic industry chain has dropped significantly and continues to decline, and continuing the investment will not achieve the commercial goals at the time of contract signing; ③The company is also divesting the CNC machine tool business, presenting a overall strategy contraction, or preparing for new cross-border directions such as chips.

cls.cnAug 5 22:38