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US stock market closing | The three major Indexes rose slightly, with most Growth Tech stocks increasing, and Tesla rose another 3.5%; Chinese concept stocks continued to adjust, with PDD Holdings dropping over 2%.
The three major U.S. stock indices briefly turned down, but the S&P and Nasdaq ended with slight gains. Among the Magnificent 7, only NVIDIA fell, while Tesla rose over 3%; after the Earnings Reports, nuclear energy stock Oklo dropped over 6%; Trump's media company rose nearly 9%. Following consumer confidence, U.S. Treasury yields refreshed their daily lows. The USD ended a four-day winning streak. Crude Oil Product turned down during trading; Gold reversed two consecutive losses; London Copper closed above 0.01 million dollars, hitting a nearly ten-month high.
Fewer Investors Than Expected Jumping On Daqo New Energy Corp. (NYSE:DQ)
Solar Accounts for 84% of New Electricity Sources Added to U.S. Grid in 2024, but Policy Uncertainty Looms
Copy the electric vehicle explosion curve? Bank of America: "The era of Siasun Robot&Automation in China is key, with costs potentially reducing by 70% within five years."
According to analysis by Bank of America, taking Tesla's Optimus Gen 2 as an example, if most of the Hardware is produced in China, by 2030, the cost of this robot will decrease by 70% to $0.017 million per unit. Analogous to the explosive growth of the electric vehicle market in China, once more components are commercialized and enter mass production, the penetration rate of humanoid robots will rise rapidly.
Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading
US stocks are moving | Daqo New Energy (DQ.US) rises over 9%, with a total market value of nearly $1.35 billion.
As of the time of publication, the stock has risen over 9%, priced at $20.36.