On Monday, U.S. stocks plummeted, with the S&P 500 index dropping 4%, but Wall Street appeared unusually calm. Trading volume sharply decreased, and market commentator Dave Lutz stated that this was the calmest down day he could remember. Despite Trump's pressure on the Federal Reserve raising concerns in the market, investors remained cautious and avoided making significant moves. The S&P 500 index has fallen a total of 9% since Trump announced the tariff increase, with all three major indices down over 2%

The strange plunge in US stocks! Wall Street calmly faces the "quietest" sell-off in history: trading volume plummets

Elon Musk is seeking a reasonable valuation for his xAI, which may signal the launch of a new round of large-scale financing. According to insiders, Musk mentioned in a conference call with investors that the company's potential annual revenue could reach $1 billion or more. If the financing is confirmed, it will be an important milestone for xAI. xAI had previously planned to raise up to $6 billion at a valuation of $50 billion to purchase NVIDIA chips. Musk founded xAI in 2023 and stated that its goal is to understand the nature of the universe

Is xAI seeking financing? Musk stated that he will seek a reasonable valuation for xAI

U.S. stock futures rose on Monday night despite a rough start to the week for Wall Street, amid concerns over the Federal Reserve's independence and President Trump's criticism of Fed Chair Powell for not cutting interest rates. S&P 500 futures increased by 0.47%, Nasdaq futures by 0.51%, and Dow Jones futures by 0.45%. Meanwhile, Japan's Nikkei 225 experienced volatility due to a strengthening Yen, impacting export-reliant industries. Investors are also anticipating earnings reports from major companies like Tesla and Verizon.

S&P 500, Nasdaq Futures Rise After Stocks Dip Amid Trump's Jabs At Powell, Strong Yen Gives Nikkei A Volatile Start

Barclays believes that although the possibility of Trump replacing Federal Reserve Chairman Powell remains a low-probability event, the related pressure and noise may continue until Powell's term ends. Once the market interprets future easing policies as a result of intervention by the Trump administration, the downside risk for the dollar will increase

Powell is criticized, the dollar falls! Powell yields, the dollar collapses?

Amazon has paused some data center leasing talks, following Microsoft's lead, as economic uncertainty prompts tech firms to reassess AI infrastructure investments. Kevin Miller, VP of AWS Global Data Centers, stated this is 'routine capacity management' with no fundamental changes in expansion plans. This cautious approach reflects a broader trend among hyperscalers, as companies like Meta and Google continue to pursue leasing deals. Amazon shares fell 3.11% on Monday, marking a 24.02% drop this year, despite a strong growth score of 94.13%.

Amazon Follows Microsoft's Lead, Halts Some Data Center Deals — Executive Says 'Routine Capacity Management'

The re-emergence of the triple kill in stocks, bonds, and currencies for dollar assets, along with the weakness of the dollar index, has somewhat supported Bitcoin prices. Additionally, Trump's criticism of the Federal Reserve may unexpectedly benefit cryptocurrencies

As U.S. stocks plummet, has Bitcoin demonstrated its "safe-haven attribute"?

1. China Unicom's revenue in the first quarter of 2025 was 103.35 billion RMB, a year-on-year increase of 3.9%; net profit was 5.93 billion RMB, a year-on-year increase of 5.6%. 
2. TONGCHENGTRAVEL has reached an acquisition agreement with WANDA HOTEL DEV, with a transaction price of approximately 2.49 billion RMB. 
3. Evergrande Auto's stock continues to be suspended, releasing a quarterly update. 
4. China Tower's operating revenue in the first quarter of 2025 was 24.771 billion RMB, a year-on-year increase of 3.3%; profit attributable to shareholders was 3.024 billion RMB, a year-on-year increase of 8.6%. 
5. WuXi Biologics' Hangzhou base has completed its first commercial project. 
6. Sunac China has reached an offshore debt restructuring plan with creditors. 
7. Xiaobuxiang intends to acquire a 40% stake. 
8. SF Holding's revenue in March was 23.661 billion RMB, a year-on-year increase of 9.63%. 
9. Zhaojin Mining's operating revenue in the first quarter was 3.041 billion RMB, a year-on-year increase of 53.5%; net profit was 659 million RMB, a year-on-year increase of 197.76%. 
10. Yancoal's self-produced coal sales in the first quarter were 30.6 million tons, a year-on-year decrease of 1.71%

Daily Hong Kong Stock Market News Briefing (April 22, Tuesday)

The United States has recently experienced a rare phenomenon of simultaneous declines in stocks, bonds, and the dollar, which has only occurred 6 times since 1971. Since April, the U.S. dollar index has fallen by 5%, the S&P 500 index has dropped by 6%, and the yield on 10-year U.S. Treasury bonds has risen by 11 basis points. If U.S. stocks, bonds, and the dollar do not experience significant fluctuations from April onwards, April 2025 may become the 7th month of simultaneous declines in stocks, bonds, and the dollar. This phenomenon reflects the risk of stagflation in the U.S., while the fundamentals of other economies are relatively better, leading to the dollar not rising as expected

Rare "stock-bond-currency" triple kill in the U.S.: Occurred only 6 times from 1971 to present

U.S. stocks plummeted, with the S&P 500 index recording its worst monthly performance since September 2022, and trading volume significantly below average levels. Despite market volatility, retail investors remained active in bottom-fishing, with a net purchase of $2.2 billion in stocks. Investor sentiment is calm, showing no signs of panic. The market is experiencing a period of high volatility, with the S&P seeing a 2% fluctuation once a week, and the VIX index around 35. As earnings season approaches, investors are focusing on corporate outlooks and capital expenditure plans

U.S. stocks fell sharply on low volume, Wall Street is "numb," only retail investors are still bottom-fishing

Apollo's Chief Economist Torsten Slok expects that if high tariffs remain in effect, the probability of the U.S. economy contracting for two consecutive quarters could be as high as 90%, with GDP expected to decline by 4 percentage points. Slok believes that the tariff impact on the retail sector will ultimately harm the labor market and consumer confidence, reminding investors to closely monitor the weekly initial jobless claims report, as weakness in the job market will first manifest here

Apollo Global Chief Economist: If high tariffs persist, the U.S. will "definitely" fall into recession in 2025

The Financial Secretary of Hong Kong, Paul Chan, stated that international capital is accelerating its allocation to the Hong Kong and mainland markets, with a significant increase in foreign investment subscription ratios recently, and foreign financial institutions are expanding in Hong Kong. This phenomenon reflects the resilience of the national economy and the attractiveness of high-level opening-up policies, while the uncertainty of U.S. policies is prompting funds to diversify risks. U.S. stocks have fallen sharply, and Trump is pressuring the Federal Reserve, affecting market sentiment

Zhitong Hong Kong Stock Early Knowledge | The US dollar falls again, gold prices break through 3,400 USD, and international capital is accelerating its allocation to the Hong Kong and mainland markets

Wedbush analysts pointed out that NVIDIA and the US tech sector need to clarify the impact of "Trump's global tariff policy" on the company's fundamentals. As a new earnings season begins, if tech companies' outlooks are as strong as Taiwan Semiconductor's, it may drive a rebound in tech stocks. Taiwan Semiconductor announced last week that AI demand surged and was not affected by tariffs, maintaining its revenue growth expectations for 2025

Wedbush: The earnings season for tech stocks has begun, and giants like NVIDIA need to clarify the impact of the "tariff war" on fundamentals

Media analysis suggests that even if the Federal Reserve aggressively cuts interest rates now, it does not mean that interest rates in the real economy will immediately decline. If the Federal Reserve lowers interest rates arbitrarily due to presidential pressure and allows inflation to rise again, that would be a blatant breach of trust

Did Trump really think he could get what he wanted by attacking Powell? Analysis: The market may "return the favor" to him

Trump once again publicly called out Powell, stating that there is almost no inflation in the U.S., but the economy may slow down unless Powell immediately cuts interest rates. Tesla, on the eve of its earnings report, plummeted sharply; can it regain Wall Street's trust? Investors are closely watching five major issues: Musk's fulfillment of autonomous driving commitments, progress on affordable models, declining sales trends, tariff impacts, and Musk's political involvement's damage to the company's image

Breakfast | Trump once again criticizes Powell, scaring the market: Tesla plummets 6%, leading the decline among tech giants

Several major U.S. retailers, including Walmart and Target, recently met with Trump to discuss the impact of tariff policies on the supply chain. Retailers are facing challenges of slowing business and declining stock prices, with Trump's tariff policies seen as a major reason. Although retail sales saw growth in March, businesses are concerned about the uncertainty of future tariffs, which is affecting inventory and pricing strategies. Walmart stated that it is diversifying its supply chain and striving to maintain low prices

Tariff Impact on Supply Chain, Multiple U.S. Retail Giants Meet with Trump

Attacks or pressure on the Federal Reserve equate to a heavy blow to dollar assets, while also providing support for gold

When the market thought the uncertainty of tariffs had decreased, Trump had new moves!

Trump calls for the Federal Reserve to cut interest rates, as signs of a trade war indicate that the U.S. economy is nearing recession, leading to a significant drop in U.S. stocks. The S&P 500 index fell by 2.4%, and the Nasdaq 100 index dropped by 2.5%. Tesla's stock price plummeted by 5.7%, while Sweetgreen's stock price fell by 8.2% due to executive departures. Concerns over Trump's intervention in Federal Reserve policy have intensified, analysts have lowered corporate earnings expectations, the dollar and long-term Treasury bond prices have declined, and gold prices have risen

Trump again "pressures" Powell to cut interest rates, US stocks face another "Black Monday"!

Palantir's stock fell 3.2% amid broader market sell-offs, influenced by President Trump's comments on the Federal Reserve. The stock is down 27% from its high but has risen 20% in 2025. Valued at 164 times expected earnings, Palantir's growth-dependent valuation poses risks. However, its strong position in AI and rapid sales growth among government clients suggest potential for risk-tolerant investors. The company is seen as a frontrunner in AI software, making it a potentially worthwhile buy despite market volatility.

Palantir Fell Today -- Is It Time to Buy the Stock?

The three major U.S. stock index futures fell collectively, the Nikkei 225 index opened down 0.75%, the South Korea Composite Stock Price Index opened up 0.1%, and the USD/JPY fell 0.5% during the day. According to Fox News senior reporter Charles Gasparino, U.S. Treasury Secretary Janet Yellen is about to announce a trade agreement with Japan

U.S. stock futures all fell, Asia-Pacific stock markets were mixed, the U.S. dollar index fell below 99, and spot gold rose above $3,350 during the session

Overnight, as Powell once again criticized Powell, the market's expectation of Powell being dismissed early rose to 20%. Clearly, the market still "doesn't quite believe" that Trump would do this, especially considering the significant destructive power it would have on the market

What is the probability of Trump "firing" Powell? Prediction market: 20%

On Monday, Wall Street launched a massive $4 billion junk bond sale to finance QXO's acquisition of Beacon Roofing Supply. Analysts say the timing of this issuance is significant, as April has been extremely challenging for risk markets; this is not just a debt transaction, but also a market stress test—testing whether investors are ready to turn the page and support high-risk, large-scale deals again

Wall Street faces a significant stress test: $4 billion in junk bond sales challenge market confidence

Recently, QDII funds have reduced their holdings in US stocks and increased their positions in A-shares and Hong Kong stocks, reflecting a cautious attitude of global capital towards US stocks. Industry insiders point out that there are currently many uncertainties, while new breakthroughs in China's technology sector make Chinese assets more attractive globally. Although some individual stocks have adjusted, the logic of the revaluation of Chinese assets remains unchanged

QDII funds reduce holdings in US stocks for risk aversion, reflecting a shift in capital preferences

Today's important financial events include: 18:30 European Central Bank Governing Council member Knot speaks; 3M releases its earnings report before the US stock market opens; 21:00 IMF releases the World Economic Outlook report, and Federal Reserve Vice Chairman Jefferson speaks; 21:30 Philadelphia Fed President Harker speaks; 22:00 European Central Bank President Lagarde gives an interview; the next day at 01:00 Guindos speaks; the next day at 01:40 Kashkari speaks; the next day at 02:00 Bank of England Deputy Governor Briden speaks; the next day at 02:30 Richmond Fed President Barkin participates in a fireside chat; the next day at 04:00 Knot speaks; Tesla releases its earnings report after the US stock market closes; the next day at 06:00 Kugler discusses monetary policy

Reminder: Please pay close attention to the following (all times are in Beijing time)

Nvidia and Broadcom are leading players in the AI chip market, each taking different approaches. Nvidia dominates with over 80% market share in GPUs, leveraging its CUDA software platform for AI workloads. In contrast, Broadcom focuses on custom AI chips (ASICs) for specific tasks, gaining traction with clients like Alphabet, Meta, and OpenAI. While both companies have similar P/E ratios, Broadcom is seen to have stronger growth prospects due to its expanding customer base and significant market opportunities. The author favors Broadcom's stock for its potential, though both companies are expected to thrive in the AI chip sector.

Better AI Chip Stock: Nvidia vs. Broadcom

After Trump's second term, U.S. financial hegemony faces severe challenges. Bloomberg analysis points out that Trump's attacks on the Federal Reserve have led to a loss of confidence in the U.S. dollar and U.S. Treasury bonds globally, resulting in a trend of "selling America." The role of American households as the "last buyers" in the global economy is being questioned, and the global geopolitical power structure is undergoing reorganization. The conflict between Trump and the Federal Reserve is intensifying; although the likelihood of firing Powell is low, the decline in the Federal Reserve's independence may pose risks to the U.S. dollar

The real Trump 2.0 deal: Sell off America!

Despite macroeconomic challenges and political tensions surrounding Federal Reserve Chair Jerome Powell, Alphabet Inc. (GOOG) may see a potential upside. The company's upcoming earnings report could provide an opportunity for traders, especially with its integration of artificial intelligence. A recent analysis indicates a rare "2-8" stock pattern, suggesting a bullish reversal may be imminent. Traders are advised to consider a bullish strategy, such as a vertical spread option, to capitalize on potential gains as the stock approaches its earnings announcement.

Options Corner: Monday Blues Can't Hide Alphabet Stock's Potential Upside Pivot

The Nasdaq Golden Dragon China Index preliminarily rose by 0.2%, showing a V-shaped reversal. Among popular Chinese concept stocks, Nio rose by 2.1%, Alibaba rose by 1%, Pinduoduo, YUM China, NetEase, Baidu, Li Auto, and Tencent ADR rose by about 0.9%; XPeng, Bilibili, Xiaomi ADR, and New Oriental fell by 0.7%, while Pony.ai fell by 7.2%. The Chinese concept ETF YANG rose by 0.8%, CQQQ rose by 0.5%, and KWEB rose by 0.1%

Microsoft's stock fell over 3% amid a bearish day for big tech, influenced by a high-profile antitrust case against Alphabet and a price target reduction by Barclays. The U.S. Department of Justice's lawsuit against Alphabet raises concerns for Microsoft, which has faced similar scrutiny due to its AI investments. Barclays analyst Raimo Lenschow lowered Microsoft's price target from $475 to $430 but maintained an overweight rating on the stock.

Why Microsoft Stock Was Getting Slammed Today

BofA Securities analyst Justin Post maintained a Buy rating on Alphabet Inc (GOOG, GOOGL) with a price target of $185. He projects Q1 revenue of $74.1 billion and GAAP EPS of $1.93, below market expectations. Despite challenges like tariff impacts and competitive pressures, Post believes Google will face less topline pressure compared to peers due to its ad mix. He anticipates some spending pressure in eCommerce and YouTube but sees resilience in search ad spend. GOOGL stock is currently down 2.84% at $146.89.

Google Parent Alphabet's Topline Can Withstand Pressure In Uncertain Macro Scenario Compared To Peers: Analyst

Alphabet stock is down 3% amid a broader market decline following President Trump's critical remarks about Federal Reserve Chair Jerome Powell. Concerns over potential changes in Fed leadership have led to investor uncertainty. Despite this, analysts remain optimistic, with Roth Capital lowering its price target from $220 to $180 but maintaining a buy rating, suggesting a potential upside of 23%. Currently, Alphabet trades at under 16.5 times expected earnings, indicating a cheap valuation relative to its long-term potential, though volatility is expected due to macroeconomic factors.

Why Alphabet Stock Is Sinking Today

PepsiCo shares fell 1.24% to $141.07 amid political and tariff risks affecting investor sentiment. Concerns over Fed Chair Jerome Powell's position and potential inflation from tariffs threaten Pepsi's pricing power and supply chain stability. Elevated commodity costs and labor risks from immigration policies may further impact operations. With inflation above the Fed's target and rate cuts unlikely, consumer demand for non-essential items like soft drinks may weaken, adding pressure on PepsiCo's margins.

What's Going On With Pepsi Stock?

Tesla's stock fell 7.3% on Monday due to a delay in the U.S. launch of its lower-priced Model Y, now pushed to at least Q3 2026. The company is expected to report significant declines in sales and earnings in its upcoming Q1 results. With a PE ratio over 88 and a challenging outlook for its EV business, analysts suggest holding off on buying Tesla stock unless there's strong confidence in its future robotaxi service.

Tesla Is Sinking Again Today: Is It Time to Buy the Stock?

Rivian Automotive Inc's shares fell 6.1% to $10.90 amid rising political and economic uncertainty, leading to a selloff in risk assets. The company faces challenges from high cash burn, competitive pressures, and the Federal Reserve's indecision on policy, which could impact borrowing costs. Fed Chair Jerome Powell's warnings about economic slowdown and inflation, coupled with President Trump's criticism of the Fed, have further shaken investor confidence. Rivian's growth outlook appears fragile as foreign investment wanes and bond yields rise, raising concerns about its long-term viability.

Rivian Stock Tumbles 6% Amid Policy Uncertainty, Fed Concerns

Wells Fargo analyst: Amazon has suspended some data center leasing commitments. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

Wells Fargo analyst: Amazon has suspended some data center leasing commitments

Bank of America (BAC) shares fell 2.2% to $36.60 amid market weakness, despite reporting strong Q1 fiscal 2025 results with net income of $7.4 billion and revenue of $27.37 billion. CEO Brian Moynihan highlighted consumer resilience, but analysts noted rising macro risks. Federal Reserve Chair Jerome Powell's warnings about inflation and growth concerns have also impacted investor sentiment. BAC's CET1 capital ratio decreased to 11.8%, while book value per share rose to $36.39. Investors can gain exposure through the Financial Select Sector SPDR Fund (XLF).

What's Going On With Bank Of America (BAC) Shares?

The semiconductor sector is experiencing rapid growth, driven by AI, with revenues projected to reach $981 billion by 2029. Intel and Nvidia are two key players to consider for investment. Intel's shares appear undervalued despite a net loss of $19.2 billion in fiscal 2024, while Nvidia reported a 114% revenue increase to $130.5 billion in fiscal 2025. Nvidia's strong financials and innovative AI technology position it favorably, while Intel's turnaround potential remains uncertain under new leadership. Investors must weigh Intel's bargain valuation against Nvidia's robust growth prospects.

Better Semiconductor Stock: Intel vs. Nvidia

This article evaluates Apple Inc. against its competitors in the Technology Hardware, Storage & Peripherals industry. It highlights Apple's strong financial metrics, including a high Return on Equity (ROE) of 58.74% and EBITDA of $45.91 billion, indicating robust profitability. However, Apple's Price to Earnings (P/E) ratio of 31.27 suggests it may be overvalued compared to peers. The company also shows a revenue growth of only 3.95%, significantly lower than the industry average. Overall, while Apple demonstrates operational efficiency, its high valuation ratios raise concerns about potential overvaluation.

Evaluating Apple Against Peers In Technology Hardware, Storage & Peripherals Industry

Nvidia faces a $5.5 billion charge due to changes in U.S. export rules affecting its AI chip, the H20 processor. This has led to a decline in Nvidia's stock and impacted the broader semiconductor market. Analysts believe Nvidia, as a $2.5 trillion company, is well-positioned to manage this setback. The discussion also touches on market sentiments, with younger investors feeling optimistic about buying opportunities, while those nearing retirement may be more concerned about market volatility. The importance of understanding one's investment thesis is emphasized in light of such news.

Nvidia and the Chip Rules

VR "fizzling out," tariffs "backstabbing," where is GoerTek's way out?

U.S. stocks expanded their losses in early trading on Monday, with the Nasdaq down 2.4%. Trump once again called for the Federal Reserve to cut interest rates and threatened its independence, raising investor concerns about the credibility of the dollar. The Dow Jones Industrial Average fell by 664.69 points, and the S&P 500 index dropped by 98.16 points. Global trade negotiations are progressing slowly, and uncertainty surrounding Trump's tariff policies has intensified, leading to a cumulative decline of about 7% in the three major U.S. stock indices since April 2. The earnings season is approaching, with over 100 S&P 500 companies set to announce their earnings

Morning: U.S. stocks decline further, Nasdaq down 2.4%, Trump calls for the Federal Reserve to cut interest rates again

Tesla is set to report its quarterly earnings on April 22, 2025, with analysts estimating an EPS of $0.46. Investors are keen on positive guidance for future growth. Last quarter, Tesla missed EPS by $0.04, yet shares rose 2.87% the following day. Currently, Tesla's stock trades at $241.37, up 57.99% over the past year, indicating bullish sentiment among long-term shareholders. For more details, visit Tesla's earnings calendar.

Uncovering Potential: Tesla's Earnings Preview

JD.com founder Liu Qiangdong personally participated in food delivery, and the first order has been delivered. A Beijing consumer shared a photo with Liu Qiangdong on social media, calling it "the first food delivery from Dong Ge" and wishing JD.com prosperous business. JD.com officially confirmed this news and thanked the public for their attention and support for JD.com’s food delivery service

Richard Liu personally delivered food, and the first order has been delivered!

NIO built a small car "killer"

Inflation remains high, the potential for economic growth is declining, and the economic outlook is unusually uncertain. Coupled with Trump's potential threat to the independence of the central bank, the Federal Reserve is forced to "hold its ground." If the employment situation deteriorates sharply, the Federal Reserve may take aggressive action, with the unemployment rate being a key indicator

Four major factors constrain, and Powell has to "remain patient"?

Trump's tariff policy has frustrated traditional American retailers, but the second-hand market has unexpectedly benefited. ThredUp and Savers Value Village's stock prices rose by 31% and 22%, respectively. Analysts point out that the second-hand market is more attractive during economic downturns, as consumers tend to seek discounts. Although second-hand goods are unaffected by tariffs, analysts warn that consumers may reduce purchases due to economic uncertainty, impacting second-hand sales

Tariffs Bring Windfall, U.S. Thrift Stores "Boom"

Tesla stock is projected to reach a top price target of $242.49 today, contingent on bullish market dynamics. The Market Clubhouse Morning Memo highlights key trading levels for major stocks including SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, and META, advising traders to monitor these stocks for potential breakouts or reversals. The memo emphasizes the importance of adjusting trading strategies based on market conditions to optimize gains.

Tesla Stock: Today's Top Price Target Set To $242.49

Tesla Inc. is set to report its Q1 earnings on Tuesday, with expectations of 41 cents per share and $21.35 billion in revenue. Despite a 69.93% increase over the past year, the stock has fallen 36.36% year-to-date. Analysts maintain a 'Buy' rating with a price target of $298.14, but current trends show a bearish outlook, with the stock trading below key moving averages. The MACD indicates potential further downside, while the RSI suggests it may be oversold, setting the stage for a possible bounce if earnings exceed expectations.

Tesla Q1 Test Drive: Will Earnings Steer The Stock Out Of The Ditch?

Indirect hints highlight "cost-effectiveness" even more