Founded by Lei Zhang in 2005, Hillhouse Capital Group is one of Asia's top private equity firms.
Quantum concept collectively soared, "bull stocks" surged by 138%, a new trend rising?
Last night, because amazon's cloud computing platform AWS announced the launch of the Quantum Start program to help businesses prepare for the era of quantum computing. This program is provided by amazon labs and includes three standard modules: use case discovery, technology enablement, and deep analysis. As a result, the quantum concept in the U.S. stock market saw a collective rise.
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U.S. stocks closed higher with all three major indices rising. The Dow, S&P, and Russell 2000 all hit record highs, while nvidia fell more than 4% against the market; bitcoin fell below $93,000, while microstrategy dropped more than 4%.
Funds continue to flow out of the technology sector, rotating into cyclical stocks. The Dow rose more than 400 points, while the Russell small cap stocks rose by 2.5% at one point. The S&P hit a new intraday high before narrowing its gains. Nvidia dropped over 4% to a three-week low, Tesla fell by nearly 4%, Nio dropped by 3.6%, but Alibaba rose by nearly 3%.