Shares of Bank of America Corp (BAC) fell 3.56% to $45.64 amid a market sell-off triggered by disappointing U.S. job data and escalating geopolitical tensions. The July jobs report showed only 73,000 jobs added, significantly below expectations, raising recession fears and concerns over loan demand and defaults. Additionally, President Trump's nuclear threat towards Russia heightened market anxiety, leading to a surge in the VIX. Despite a strong growth score of 76.04, the bank's profitability outlook is under pressure due to anticipated Federal Reserve rate cuts.

Bank of America Stock Slides Amid Dual Shocks Of Recession Fears And Geopolitical Threats

Federal Reserve Board member Kugler resigns, effective August 8. He has submitted his resignation to President Trump. 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 objectives, 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

Federal Reserve Board member Kugler resigns, effective August 8. He has submitted his resignation to President Trump

The Trump administration is considering a five-year pilot program that would include GLP-1 weight loss drugs such as Wegovy, Ozempic, Zepbound, and Mounjaro in the reimbursement scope of Medicare and Medicaid. This policy shift differs from the earlier stance of the Biden administration, raising concerns about cost affordability and the financial sustainability of healthcare. Novo Nordisk and Eli Lilly are expected to benefit directly, with the stock prices of both companies rising over 3% and 2% respectively on Friday

The Trump administration's policy shift considers reimbursing GLP-1 class weight loss drugs, with Eli Lilly and Novo Nordisk's stock prices rising

The US Dollar Index fell 0.92% to 99.051 points at the New York close on August 1, but rose 1.44% for the week. Ahead of the release of the US non-farm payroll report, the Dollar Index continued to fluctuate upward, then sharply declined after the data was released. The Bloomberg Dollar Index fell 0.71% to 1213.03 points, with a cumulative increase of 1.21% for the week

The US Dollar Index fell 0.9% on Non-Farm Payrolls day, but still rose 1.4% this week

On Friday (August 1), the South Korean won against the US dollar ultimately rose by 0.31%, closing at 1389.47 won. This week, it accumulated a decline of 0.41%, with the drop sharply narrowing after the release of US non-farm payroll data, showing an overall M-shaped trend

U.S. stocks fell, with the Dow down 1.5%, NASDAQ down 2.38%, and S&P 500 down 1.76%. Amazon shares dropped 8% after reporting Q2 net sales of $167.7 billion, exceeding estimates. Oil prices fell 2% to $67.86. European and Asian markets also closed lower. U.S. construction spending declined by 0.4%, and the ISM manufacturing PMI fell to 48, missing estimates. Overall, the market showed signs of weakness amid disappointing earnings and economic indicators.

Crude Oil Down 2%; Amazon Shares Tumble After Q2 Results

Tesla Inc (TSLA) stock dipped early due to a weak U.S. jobs report, reflecting broader market trends. Despite this, investor interest remains high due to Tesla's $16.5 billion deal with Samsung for AI chip production, crucial for future products like Robotaxi. RBC Capital maintains an Outperform rating with a price target of $325, while Morgan Stanley predicts a $200 billion self-driving market by 2030. Currently, TSLA shares are down 1.65% at $303.22, with a mixed technical profile indicating potential overvaluation.

What's Going On With Tesla Stock Today?

Hikvision: Cutting Jobs and Costs—Trapped in a Bottomless Hole?

Amazon.com Inc. (AMZN) analysts have raised their price targets despite concerns over AWS growth. Bank of America raised its target from $265 to $272, while RBC Capital maintained an Outperform rating with a target increase from $230 to $240. Analysts noted strong retail performance but mixed results from AWS, with some questioning structural issues. Overall, analysts remain optimistic about Amazon's potential, particularly in retail and advertising, and suggest buying on weakness. The debate continues over AWS's future growth amid competition in the AI cloud sector.

Amazon Stock Hit On AWS: Analysts Brush Off Growth Concerns, 'Buyers Of AMZN On Weakness'

Apple Inc. (AAPL) stock initially rose but is now trading 2.33% lower at $202.72 after reporting better-than-expected Q3 results. Earnings per share were $1.57, surpassing estimates of $1.42, with sales of $94 billion exceeding the $89.04 billion forecast. Analysts have adjusted price targets, with Raymond James raising it to $240, while Barclays set it at $180. CFO Kevan Parekh highlighted record performance and high customer satisfaction.

Apple Stock Is Trading Lower Friday: What's Going On?

Shares of Apple (AAPL) fell nearly 2% after reporting strong Q3 earnings with $1.57 EPS and over $94 billion in revenue, exceeding expectations. Despite a 10% year-over-year revenue growth, iPhone sales were below estimates. CEO Tim Cook highlighted the exceptional quarter but noted potential impacts from tariffs and economic conditions. Looking ahead, Apple anticipates mid- to high-single-digit revenue growth for Q4, with services growth matching Q3's 13%. Investors remain cautious amid economic uncertainties and seek clarity on Apple's AI plans.

Why Shares of Apple Are Falling Today

The U.S. jobs report revealed only 73,000 jobs added in July, below expectations, leading to a 70% chance of a Federal Reserve rate cut in September. This has sparked bullish sentiment in crypto markets, particularly for Bitcoin and Ethereum. Experts suggest that lower interest rates could benefit non-yielding assets, but market reactions will depend on the Fed's communication. The Fed faces political pressure, and while a rate cut seems likely, inflation and geopolitical risks may keep volatility high.

Bitcoin, Ethereum, XRP Struggle After Underwhelming Jobs Report: Will A September Rate Cut Save The Bull Run?

Amazon's stock price fell sharply after the release of its quarterly earnings report, mainly due to its cloud services (AWS) performance not meeting investor expectations. Nevertheless, analysts believe that this is a buying opportunity at a low point. JP Morgan raised its target price from $255 to $265, expecting a 23% upside. UBS analysts maintained a target price of $271, believing that investors should not be overly concerned about the increased capital expenditures

Amazon's stock price has fallen, analysts say it is a good opportunity to buy on dips

Amazon's stock fell 7.7% despite a strong earnings report, with EPS of $1.68 and sales of $167.7 billion, surpassing analyst expectations. The decline is attributed to a softer profit forecast due to high AI spending and bearish market momentum. However, Q2 results showed strong margins and double-digit sales growth across segments. Guidance for Q3 remains positive, suggesting long-term growth potential. Analysts view the current dip as a buying opportunity for long-term investors.

Amazon Is Sinking Today -- Is the Stock a Buy Right Now?

If you had invested $3,000 in Nvidia (NVDA) stock 20 years ago, it would be worth approximately $2.3 million today, or $2.5 million if dividends were reinvested, reflecting an average annual gain of 39.5%. Nvidia's growth is attributed to its dominance in chips for data centers, driven by AI demand. Although it's too late to buy shares from 2005, current valuations suggest it may still be a good investment opportunity as revenue continues to grow significantly.

If You'd Invested $3,000 in Nvidia (NVDA) Stock 20 Years Ago, Here's How Much You'd Have Today

U.S. stock market update: Opendoor Tech rose nearly 18% with increased trading volume. Based on recent key news: 1. On July 30, driven by the WallStreetBets craze and bold price targets from hedge funds, Opendoor's stock price soared. Despite unstable fundamentals, market sentiment was high, leading to a significant increase in stock price. 2. On July 31, analysts projected an 18% revenue growth in 2026, with adjusted EBITDA margins nearing breakeven, further driving up the stock price. 3. On August 1, Opendoor is set to announce its second-quarter earnings report, with the market expecting flat revenue and a slight improvement in losses, which could serve as a catalyst for a stock price rebound

BlackRock portfolio manager Jeffrey Rosenberg stated that the U.S. non-farm payroll report indicates that the views of Federal Reserve Governor Waller's faction may be gaining traction, potentially persuading more people to support interest rate cuts. Although they missed the opportunity in July, this significantly increases the likelihood of a rate cut in September, leading to a substantial decline in the front end of the yield curve

Apple achieved its best revenue growth in three years under the stimulus of tariffs, with iPhone sales surging by 13.5%, but its stock price still fell by over 1%. Investors are skeptical about the sustainability of this growth, especially in the context of tariff threats from manufacturing bases in China and India, as well as competition in AI technology. Although Apple has benefited from government subsidies in the Chinese market, analysts warn that this demand pull-forward effect may be difficult to sustain. Apple's stock price has fallen by more than 17% this year, and the company is restructuring its supply chain to address tariff risks

iPhone sales surge under tariff stimulus, but the sustainability of Apple's growth is questioned

U.S. stocks movement | Intraday panic index rises: UVXY up over 9%, VIXY up over 5%, UVIX up over 12%

U.S. stocks fell this morning, with the Nasdaq Composite down over 2%. The Dow decreased by 1.50%, while the S&P 500 dropped 1.71%. Apple Inc. reported better-than-expected Q3 results, with revenue of $94 billion, surpassing estimates. Tenon Medical and Performant Healthcare shares surged over 100% after acquisition announcements. In commodities, oil fell 1.9%, while gold rose 1.7%. European and Asian markets also closed lower. U.S. construction spending declined by 0.4%, and the ISM manufacturing PMI fell to 48 in July.

Nasdaq Dips Over 2%; Apple Earnings Top Views

The yield on the U.S. two-year Treasury bond fell by about 24 basis points to 3.7124%, continuing the downward trend following the release of the non-farm payroll report. The yield on the 10-year Treasury bond also dropped nearly 15 basis points to 4.2237%. The U.S. dollar fell 2.2% against the Japanese yen, and the S&P 500 index's decline widened to 1.74%

The yield on two-year U.S. Treasury bonds has widened its decline to about 24 basis points, continuing the downward trend following the release of the U.S. non-farm payroll report

The yield on the U.S. 10-year Treasury bond fell nearly 15 basis points, hitting a daily low of 4.2237%. Ten minutes before the release of the U.S. non-farm payroll report at 20:30 Beijing time, it had briefly risen to 4.4060%, setting a daily high

Reports indicate that Trump is actively promoting the privatization of the two mortgage giants, Freddie Mac and Federal National Mortgage Association, and has sought advice from Wall Street executives such as Jamie Dimon and David Solomon on exit strategies, including a large-scale public offering. This move is expected to become one of the largest IPOs in history and address the legacy issues from the 2008 financial crisis

"Two Houses" rose over 15%! Report: Trump promotes the privatization of Freddie Mac and Fannie Mae, gathering Wall Street executives for advice

Goldman Sachs report shows that hedge funds are continuing the cautious strategy from the tariff turmoil in April, selling U.S. stocks for four consecutive weeks, with the pace of reduction in technology, media, and telecommunications stocks reaching the fastest in a year. Goldman Sachs believes that retail demand is expected to persist unless there are significant changes in economic outlook or employment data. However, against the backdrop of ongoing tariff concerns and high valuations, the cautious stance of hedge funds may be validated in the upcoming seasonal adjustments

Under the shadow of the trade war, cautious sentiment is rising, and hedge funds have sold U.S. stocks for four consecutive weeks

Alibaba's stock is seen as a compelling buy despite recent pullbacks, trading at low P/E ratios compared to U.S. e-commerce leaders. The company has a strong cash position, with nearly $60 billion in cash and short-term investments. Analysts predict revenue growth will accelerate in fiscal 2026, and Alibaba has been actively buying back shares, reducing outstanding shares by 9% over the past two years. With 85% of its business in China, Alibaba remains resilient amid trade tensions, making it an attractive investment opportunity.

3 Reasons to Buy Alibaba Stock Like There's No Tomorrow

Hong Kong stocks opened poorly, FIGMA's market value reached 50 billion, but a growth rate of 40% failed to support a 50 times PS. U.S. stocks performed sluggishly, with Amazon AWS's growth slowing and profit margins hitting lows, leading to a decline in stock prices. NVDA's stock price fluctuated, and AMD's earnings report will impact market sentiment. The U.S. increased tariffs, expectations for interest rate cuts decreased, and the U.S. dollar strengthened, suppressing market risk appetite. Overall, Hong Kong stocks are sluggish, with innovative drugs and stablecoins performing poorly, and the new energy vehicle market facing challenges

Hong Kong Stock Market Review: A Dark Opening

Dautone Technology has performed strongly in the automotive diagnostic market, with a projected net profit growth of 57.32% to 67.69% year-on-year in the first half of the year, and its stock price has reached a nearly three-year high. Since its establishment in 2004, the company has relied on automotive diagnostic products and has now expanded into the fields of new energy and AI robotics, forming three major business lines. Dautone's market share in the global automotive intelligent diagnostic equipment market has reached 32.7%, surpassing Bosch and Snap-on, becoming the industry leader

Daotong Technology, the global leader in the automotive diagnostic market

In July, the U.S. non-farm payrolls increased by only 73,000, far below the expected 110,000, with the growth in the previous two months revised down by nearly 260,000, indicating a weak labor market. The unemployment rate slightly rose to 4.2%. Market expectations for a Federal Reserve interest rate cut have warmed, with two cuts anticipated in September and December. This data triggered a sell-off sentiment on Wall Street, becoming a significant factor in the "August stock market sell-off curse."

The first piece of the "August Curse" activated? U.S. non-farm payrolls fall far short of expectations, Wall Street falls into a panic sell-off

Zhenglian Technology (Zero Degree Digital Group) plans to go public on NASDAQ, intending to issue 2 million common shares at an offering price of $4 per share, raising $8 million, with an expected market value of up to $200 million. The China Securities Regulatory Commission requires it to provide additional explanations regarding its main business content, including the functions and application scenarios of its main products, as well as matters related to its equity structure and compliance with foreign investment regulations

Zhenglian Technology (Zero Degree Digital Group) plans to list on the US stock market, and the China Securities Regulatory Commission requires supplementary explanations regarding its main business activities and other situations

Apple (AAPL) reported Q3 2025 earnings with total revenue of $94 billion, up 10%, and EPS of $1.57, up 12%. iPhone revenue reached $44.6 billion, a 13% increase, while iPad and Wearables saw declines of 8% and 9%, respectively. The company incurred $800 million in tariff costs, with an estimated $1.1 billion for the next quarter. Services revenue hit a record $27.4 billion, and operating cash flow was $27.9 billion. Guidance for next quarter anticipates mid- to high single-digit revenue growth and continued strong Services performance, despite tariff-related uncertainties.

Apple (AAPL) Q3 2025 Earnings Call Transcript

Anthropic CEO Dario Amodei has strongly refuted Nvidia CEO Jensen Huang's claims that he aims to dominate the AI sector, calling it an 'outrageous lie.' Amodei emphasized the need for transparency in AI discussions and criticized the notion that AI cannot be developed safely. He also dismissed the open-source AI development argument as a 'red herring.' In response, Nvidia accused Amodei of fear-mongering and argued that his regulatory calls could hinder innovation. This controversy arises as Anthropic warns the U.S. may fall behind China in AI due to energy constraints, despite its own rapid financial growth.

Anthropic CEO Slams Nvidia's Jensen Huang Claim As 'Outrageous Lie,' Says He's Not Trying To Control AI

Apple's performance in the third quarter of fiscal year 2025 was strong, leading to a rise in its stock price. Citigroup maintained a "Buy" rating and raised the target price to $245, believing that Apple's performance outlook alleviated concerns about revenue decline and pointed out that AI investments would be a positive signal. Needham, on the other hand, maintained a "Hold" rating, believing that rising capital expenditures and lagging AI progress could impact stock performance

Apple's earnings report shines, stock price surges, but AI layout and tariff pressures become the focal point of Wall Street's confrontation

In July, the United States added 73,000 non-farm jobs, far below expectations, with the data for the previous two months significantly revised down by 258,000

Nio delivered 21,017 new cars in July, Li Auto's July delivery volume decreased by 40% year-on-year; Leapmotor delivered a total of 50,129 vehicles in July, a year-on-year increase of over 126%; ZEEKR's July sales were 44,193 units. BYD's July sales were 344,296 vehicles, a month-on-month decrease of 8.8%, compared to 342,383 vehicles sold in the same period last year

July Electric Vehicle Report Card: XPeng's delivery volume increased by 229% year-on-year, BYD decreased by 8.8% month-on-month, and Xiaomi delivered over 30,000 units

Hammack, President of the Federal Reserve Bank of Cleveland (2026 FOMC voting member): The employment report is indeed disappointing

On Friday before the U.S. stock market opened, global news included: the National Development and Reform Commission will revise laws to address competition from private enterprises; the People's Bank of China has established a Macro-Prudential and Financial Stability Committee; U.S. non-farm payrolls in July increased far below expectations; Trump calls for the Federal Reserve to cut interest rates; there are internal disagreements within the Federal Reserve regarding interest rate cuts; Hong Kong's stablecoin regulations take effect; the Hong Kong Stock Exchange optimizes new stock market regulations; the Eurozone inflation rate remains at 2%; the Bank of Japan prepares for interest rate hikes; South Korean stocks plummet due to tax hike plans; Novo Nordisk's U.S. stock rises over 2%; NVIDIA denies the existence of "backdoors" in its chips

Global news you need to know before the U.S. stock market opens on Friday

Tesla's sales in Europe have declined for seven consecutive months, despite upgrades to the Model Y. In July, Tesla's registrations in Sweden, Denmark, France, and the Netherlands plummeted by 86%, 52%, 27%, and 62% year-on-year, respectively. Although registrations in Norway and Spain saw some growth, the overall trend is not optimistic. Tesla is facing fierce competition from Chinese electric vehicle manufacturers and is not expected to launch more entry-level electric vehicle models in the coming months

Model Y upgrade difficult to save the situation! Tesla's European sales have fallen for seven consecutive months

After the release of the U.S. July non-farm payroll report, the U.S. dollar index has fallen by about 100 points, currently reported at 99.23. Spot gold has risen by about 30 dollars, currently reported at 3334.34 dollars/ounce. The yield on U.S. 2 to 7-year Treasury bonds has dropped by at least 10 basis points during the day, with non-U.S. currencies rising broadly. The euro has increased nearly 1% against the U.S. dollar, the British pound has risen 0.45% against the U.S. dollar, and the Australian dollar has gained 0.6% against the U.S. dollar

After the release of the U.S. July non-farm payroll report, the U.S. dollar index has fallen by about 100 points, while spot gold has risen by about 30 dollars

Tesla Inc. (TSLA) stock has faced volatility due to Elon Musk's political comments and weak earnings, with a recent decline of only 3%. Despite negative sentiment, it may be a good time to buy as positive news could boost confidence. The stock is trading around $300, with support levels in place. However, concerns remain over Musk's political distractions, declining sales, and growing competition from companies like BYD. Investors are cautious but hopeful for a potential turnaround.

Tesla Stock: The Big Question Is Buy or Bye

In July, the non-farm payrolls in the United States increased by 73,000, far below the expected 104,000, and the previous value was 147,000. The unemployment rate remained at 4.2%, in line with expectations. After the data was released, traders reassessed the likelihood of the Federal Reserve cutting interest rates in October

In July, the U.S. non-farm payrolls increased by 73,000, significantly lower than expected

Reminder: The U.S. non-farm payroll report for July will be released at 20:30 Beijing time

Trump's latest tariff policy has raised global economic concerns, with the average tariff rate reaching 15%, six times higher than in the past. Despite better-than-expected global economic performance, economists warn that demand shocks may intensify, increasing the likelihood of central bank interest rate cuts. The new tariff policy includes imposing tariffs of up to 15% on countries with trade surpluses, leading to declines in Asian stock markets and European markets

15% "Tariff Iron Curtain" falls, will the central bank's interest rate cuts trigger a "Domino" effect and a global "demand cold wave"?

Alibaba Group, once a high-growth stock, now faces challenges with its valuation at around $120, down from a peak of $310.29. Factors include regulatory fines and macroeconomic headwinds, leading to a slowdown in revenue growth. However, recent stabilization in revenue and operating margins, along with share buybacks and potential growth catalysts, suggest a cautious optimism. Analysts project a 7% revenue and 11% EPS growth from fiscal 2025 to 2028. The debate continues on whether Alibaba's stock is undervalued or if risks justify its lower multiple.

Is Alibaba's Valuation Way Too Cheap -- or a Justified Risk?

Spare no effort to turn friends into enemies, in order to promote transformation

Track Hyper | Arm joins the self-developed chip battle group

Analysts believe that, unlike the meme stock craze dominated by GameStop and AMC Entertainment in 2021, the current speculative activity is mainly focused on small-cap stocks and low-priced stocks, with minimal impact on major indices like the S&P 500. Although there is a risk of capital misallocation, historical experience shows that the bursting of such speculative bubbles typically does not affect the broader market

Is the retail investor speculation bubble reappearing in the US stock market? This time it may be different

Following Amazon's Q2 earnings report, its stock saw a significant sell-off despite a 17% revenue growth in AWS. CEO Andy Jassy attributed the slowdown to a power capacity issue, stating, "We have more demand than we have capacity." Analyst Eric Allen criticized the market's negative reaction, emphasizing that the growth constraint is supply-related, which is a more favorable long-term issue. Amazon's net sales reached $167.7 billion, exceeding estimates, and it expects Q3 sales between $174.0 billion and $179.5 billion. AMZN stock fell 7.55% in premarket trading after a 6.63% decline in after-hours trading.