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This week, U.S. stock market winners | Trump's Middle East trip boosts Technology stocks! Super Micro Computer rose over 37% this week, securing a $20 billion L from Saudi Arabia; NVIDIA's Hold Positions CoreWeave increased by 28% this week, with Q1 reven
As of Thursday's close, the Dow Jones Industrial Average has increased by 2.6% this week, reaching 42,322.75 points; the S&P 500 Index has risen by 4.54%, reaching 5,916.93 points; the Nasdaq Index has increased by 6.6%, reaching 19,112.32 points during the same period.
CFRA Downgrades Tencent Music(TME.US) to Hold Rating, Raises Target Price to $18
Futu Daily News | Powell warns that future inflation volatility may remain high; Buffett made significant Sell of bank stocks in Q1 while maintaining Hold Positions in Apple.
In the first quarter, Hillhouse's HHLR increased its shareholding in China Assets, newly added and increased several Chinese concept stocks; CoreWeave received a 7% shareholding from NVIDIA and provided $40 billion in Cloud Computing capacity to OpenAI; the Soros Fund made heavyweight investments in NVIDIA and its SpaceX competitor, while selling Super Micro Computer.
U.S. stocks closed | Data strengthens rate cut expectations, S&P rises for four consecutive days; Chinese concept stocks showed mixed trends, Alibaba dropped over 7% after earnings, while NetEase soared over 14%.
Meta fell over 2%, marking its first drop this week along with NVIDIA and Tesla; Cisco rose nearly 5%, leading the Dow's rebound; UnitedHealth dropped nearly 11%.
Hong Kong Stock Early Report | The People's Bank of China plans to further diversify the types of "swap connect" products. NetEase's net income in the first quarter increased by over 30% year-on-year.
① The Central Bank of China: Plans to further enrich the types of "swap connection" products. ② The People's Bank of China and four other departments: Comprehensive support for Technology innovation, with strong investments in early-stage, small-scale, long-term, and hard Technology. ③ The General Office of the Central Committee and the General Office of the State Council: Strengthening the construction and renovation of urban infrastructure, promoting the construction of new urban infrastructure. ④ Powell previews adjustments to the MMF policy framework, warning that future inflation volatility may remain high.
U.S. stocks closed: The seven giants collectively cooled down, and the Nasdaq ended its six-day rise, while the S&P rose for the fourth consecutive day.
① The Nasdaq China Golden Dragon Index closed down 2.37%; ② NetEase rose 14.61%, with the closing price nearing its previous high; ③ Meta is reportedly delaying the release of the AI model "Behemoth"; ④ Buffett made large sales of bank stocks in Q1 while maintaining his Hold Positions in Apple.