Key focus

1.$Apple (AAPL.US)$The highest intraday price on Friday was $176.39, a 52-week high, closing up 0.06%. The stock price was only 3.5% off its all-time high! Benefiting from the rise in major technology stocks at the beginning of the year, Apple has risen more than 35% this year.Apple has banned the use of artificial intelligence tools such as OpenAI's ChatGPT within the company, but it is also recruiting talents with a background in generative artificial intelligence or interested in this technology, and hopes to use this technology to “change Apple's mobile computing platform.”

2.Chip giants$Broadcom (AVGO.US)$It rose 0.64%, and the intraday stock price hit a record high of $684.95, and has risen nearly 23% this year.Broadcom announced a $61 billion acquisition of VMware in May 2022, which is currently being reviewed by several regulators. Recently, in order to allay EU concerns, Broadcom proposed an antitrust commitment on the VMware acquisition deal.

3.Some US pharmaceutical stocks performed excellently, innovating pharmaceutical companies$Eli Lilly and Co (LLY.US)$With a 1.03% rise, it topped the list of highest-grossing giants in US stocks. It rose more than 21% during the year, with an intraday high of 447.51 US dollars, once again setting a new record high. The latest market capitalization reached 421.2 billion dollars, making it the pharmaceutical company with the highest market capitalization in the world!Looking at Lilai's historical stock price performance, in the 10 years from 2013 to now, its stock price has risen tenfold.

Recently, Lilly announced that the phase III clinical trial of the Alzheimer's drug donazumab had positive results, and maintained a strong momentum in the treatment of diseases such as diabetes, obesity, and chronic kidney disease. Many R&D breakthroughs continued to attract investors' attention, and the stock price “advanced rapidly” in the capital market.

4. Surgical medical equipment development company$Intuitive Surgical (ISRG.US)$It rose 0.44% to an intraday 52-week high of $315.195. The company announced its Q1 results on April 18.Revenue was $1.7 billion, up 14% year over year, exceeding analysts' expectations of $1.59 billion. Since the announcement of the Q1 earnings report, its stock price has been soaring, rising more than 16%.

5. Cancer Diagnosis Company$Exact Sciences (EXAS.US)$It rose 2.34%, ranking first in the list of individual US stocks with record gains. It has risen 68% this year, and the rise is impressive!The company announced its results on May 9. Q1 revenue was 602.5 million US dollars, higher than analysts' estimates of 543.2 million US dollars, and net loss narrowed sharply. In addition, the company also raised its revenue forecast for the full year of 2023. The estimated full-year revenue was 2.38 billion US dollars to 2.42 billion US dollars. The previous forecast was 2.27 billion US dollars to 2.32 billion US dollars. Driven by performance and expectations, its stock price once again rose more than 18% after its Q1 performance.

1. US stock giants broke new heights last Friday

• $Eli Lilly and Co (LLY.US)$

Eli Lilly and Company (Eli Lilly and Company) is an American global pharmaceutical company headquartered in Indianapolis, Indiana. The company has offices in Puerto Rico and 17 countries, and the company's products are sold in approximately 125 countries. Lilly was the first company to mass-produce penicillin, Salk's polio vaccine, insulin. It is also the largest manufacturer and distributor of psychotropic drugs in the world.

• $General Electric (GE.US)$

General Electric (GE) is an American multinational conglomerate incorporated in New York and headquartered in Fairfield, Connecticut. The company operates in the following fields: energy, technological infrastructure, finance, consumer and industry. In 2011, based on total revenue, it ranked 26th on the US Fortune 500 list and was the 14th most profitable company in the US.

• $Oracle (ORCL.US)$

Oracle Corporation (Oracle Corporation) is an American global computer technology company headquartered in Redwood, California. The company mainly focuses on developing and selling computer hardware systems and enterprise software products — particularly own-branded database management systems. In 2011, measured by revenue, it was the second largest software manufacturer in the world, after Microsoft.

2. Individual US stocks reached a record high last Friday

• $Exact Sciences (EXAS.US)$

Precision Science is a molecular diagnostics company dedicated to developing non-invasive colorectal cancer screening products. Among them, ColomGuard, which is based on fecal DNA testing, is a screening method developed by it. It can be used to diagnose early colorectal cancer lesions or polyps, and can determine the four different stages of development of colorectal cancer in stages.

• $argenx SE (ARGX.US)$

Argenx SE is a clinical-stage biopharmaceutical company founded in 2008 and headquartered in Breda, the Netherlands. The company has a total of 73 employees (as of September 30, 2018). It focuses on developing antibody therapies aimed at treating diseases such as autoimmune diseases and cancer.

• $Fortinet (FTNT.US)$

Feita Information is a global network security equipment supplier. Its products include a broad range of integrated and automated cybersecurity solutions that aim to provide a broad and comprehensive range of security services to enterprises, service providers, and government agencies, and to help simplify customers' IT security architectures. Up to now, Fortinet has established customer relationships with 61 Fortune 100 companies.

3. List of the rise and fall rates of popular US stocks last Friday

• $EPAM Systems (EPAM.US)$

Headquartered in Newtown, Pennsylvania, USA, EPAM Systems is a global software engineering and IT consulting services company. The company has software development centers and branches in North America, Europe, Asia, and Australia. The company mainly provides six services: software product development, custom application development, application testing, enterprise application platforms, application maintenance, and support and infrastructure management.

• $Symbotic (SYM.US)$

Symbotic is an automation technology company dedicated to developing technologies that improve the efficiency of modern warehouse operations, and is also committed to the Group's development, commercialization, and deployment of innovative end-to-end technology solutions to dramatically improve supply chain operations.

Editor/Hoten