
Global news you need to know before Monday's U.S. stock market opens
U.S. durable goods orders fell by 6.3% month-on-month in April, marking the largest decline since October last year.
Japanese government bonds rebounded violently, and the Ministry of Finance rarely "tested the waters" in the bond market, considering reducing the issuance of ultra-long bonds.
Japan's net overseas assets reached a record high, but it lost its status as the world's largest creditor nation.
The European Union approved a €150 billion loan project aimed at enhancing defense capabilities.
French inflation unexpectedly fell to a five-year low, causing the probability of an interest rate cut by the European Central Bank in June to soar.
Xiaomi's Q1 revenue and net profit both hit record highs, with revenue from smart home appliances surging 113.8% year-on-year.
Ecological investment sacrifices short-term profits! Pinduoduo's Q1 net profit fell by 47%, with marketing expenses skyrocketing by 43%.
KUAISHOU-W's Q1 revenue grew by 10.9%, with AI revenue exceeding 150 million yuan.
Pony AI's U.S. stock pre-market rose over 9% at one point, as the company reached a strategic cooperation agreement with the Dubai Roads and Transport Authority.
The Nikkei 225 index closed up 0.5%; the Shanghai Composite Index closed down 0.18%; the Hang Seng Index closed up 0.43%