Google and AMD's earnings reports disappoint, Tesla kicks off the new year's price war | Today's important news review

0205 Dolphin's Key Focus:

🐬 Macro/Industry

1. China's January Caixin Services PMI is 51, down 1.2 points from last month, the lowest since October 2024, but still maintains expansion. The previously released January Caixin China Manufacturing PMI fell 0.4 points to 50.1, also the lowest in nearly four months. Both major industries are experiencing a decline in prosperity.

🐬 Individual Stocks

1. $Tesla(TSLA.US)

On the first working day of the Year of the Snake, "0 interest car purchase" became a hot keyword. Tesla China officially announced the largest discount package in history for the Model 3: a limited-time insurance subsidy of 8,000 yuan + 5 years of 0 interest policy + special charging rights. This is the first time Tesla's insurance subsidy covers the entire Model 3 lineup (including the Model 3 Performance), and it is rare for the insurance subsidy and the 5-year 0 interest policy to "appear together" for the first time. On the same day, XPeng also launched a policy offering "five years of 0 interest and 0 down payment" car purchase incentives, intensifying the price war competition among car manufacturers.

2. Core Focus on Earnings Report Interpretation and Conference Calls

AMD: AMD: Deepseek Fuels, GPU "Spare Tire" Dream Ends ASIC, AMD: Data Center in the First Half of 2025 Will Be Similar to the Second Half of 2024 (24Q4 Conference Call)

Google: Google Earnings Report Quick Interpretation, detailed interpretation will follow after the app.

🐬 Leading Sectors

Shanghai and Shenzhen: Medical Information Services, Cloud and Data Centers, Internet Content and Information;

Hong Kong Stocks: Silver, Medical Information Services, Oil and Gas Storage and Transportation;

U.S. Stocks: Oil and Gas Refining and Sales, Aluminum, Road Passenger Transport.

🐬 Attention for Tomorrow

1. Qualcomm and ARM will release earnings reports, and Dolphin will track and provide interpretative analysis.

Risk disclosure and statement of this article: Dolphin Investment Research Disclaimer and General Disclosure