Global macroscopic
Before Monday's market, the three major indices rose nearly 1%
Retail sales in the US increased 0.7% month-on-month in March, exceeding expectations
Retail sales in the US rose 0.7% month-on-month in March, a record high since September last year. The expected increase is 0.3%, compared with a 0.60% increase in the previous value.
Beware of “performance killings” in US stocks! Komo warns: the market is overly optimistic
Mislav Matejka, head of global stock strategist at J.P. Morgan Chase, said that they are not optimistic about corporate profit prospects for this earnings season and have already lowered the profit expectations of US stock companies for the first quarter. Strategists believe that with the exception of a few tech giants, the profits of most US stock companies will decline across the board. Matejka also mentioned that as the S&P 500 index has risen to record highs, investor positions seem “very tight”. Even if US stock companies perform well, it is difficult to push US stocks higher because most of the optimism has already been digested ahead of schedule.
After a week of turmoil, Wall Street changed its rhetoric: the “Big Seven” of US stocks will continue to outperform the market
Expectations that the Fed will delay interest rate cuts have caused many investment institutions to pick up past strategies, and large technology stocks have once again become darling; generally speaking, growth company stocks are more sensitive to interest rates, but Wall Street points out that although large technology stocks are growth stocks, they have very special advantages: strong fundamentals and large cash reserves. A number of analysts say big tech stocks will outperform the market this year because their steady cash flow and fundamentals will help them continue to be profitable.
Expected to be $2,700 by the end of the year? Geopolitical risks continue to escalate, Goldman Sachs raised the target price of gold
Goldman Sachs analysts said that as emerging market central banks continue to buy gold amid geopolitical risks, the price of gold will be higher than previously anticipated by the end of this year. They raised their year-end target price for gold to $2,700 per ounce from the previous year's $2,300 per ounce. Analyst Nicholas Snowdon said, “Since mid-2022, most of the rise in gold has been driven by new incremental (physical) factors, particularly the accumulation of central banks in emerging markets and a significant acceleration in retail purchases in Asia.”
The first batch of Bitcoin and Ether spot ETFs in Hong Kong, China was approved
On Monday, April 15, according to public information, Hong Kong subsidiaries of mainland public funds, Bosch International, Huaxia Fund (Hong Kong), and Harvest International have been approved in principle by the Hong Kong Securities Regulatory Commission to issue virtual asset spot ETF products. According to reports, after approval of this business, the manager can provide virtual asset management services to investors and apply for supervision to issue ETF products that can invest in spot Bitcoin and spot Ether. Ordinary investors can purchase related products through the Hong Kong Stock Exchange.
Hot news
Star Technology's stock had mixed ups and downs before the market
Tesla issued a full staff letter announcing that Tesla will lay off 10% of its employees globally
According to the media,$Tesla (TSLA.US)$A full letter was issued announcing that Tesla will lay off 10% of its global workforce. Earlier, there was news that some employees said the number of layoffs could be as high as 20%. However, according to verification, we learned that Tesla's official letter was released at around 3:00 p.m. Beijing time on April 15, confirming that the layoff rate was 10%.
Intel rose nearly 1% before the market, or launched a special version of the Gaudi 3 AI accelerator chip from China
$Intel (INTC.US)$It rose 0.9% to $36.01 in the premarket. A few days after Intel released Gaudi3, news broke in the market that Intel may launch two Gaudi 3 AI accelerator chips for the Chinese market in the second half of this year, but the performance will be greatly reduced. However, Intel did not specifically respond to this.
Apple's Q1 shipment volume dropped by nearly 10%! Android rivals are on the rise
According to the latest statistics from IDC, the world's top market tracking agency, the global consumer electronics giant$Apple (AAPL.US)$iPhone shipments fell sharply by nearly 10% in the first quarter of this year, falling steadily at a time when the global smartphone industry as a whole showed a clear rebound. According to IDC statistics, shipments in the global mobile phone market increased to 289.4 million units, an increase of about 7.8% over the same period last year. Among them, Samsung Electronics regained the top spot, and Transsion (Transsion) shipments achieved a sharp increase of 85%, and Xiaomi's shipments also rebounded in the first quarter, completely narrowing the gap with Apple, which ranked second.
Goldman Sachs's net revenue for the first quarter increased 16% year over year to US$14.2 billion, and stock prices rose more than 3% before the market
$Goldman Sachs (GS.US)$Net revenue for the first quarter was US$14.2 billion, up 16% year on year, exceeding Wall Street's expectations of US$12.98 billion. Earnings per share for the first quarter were US$11.58, compared to US$8.79 in the same period last year. Among them, the FICC business (fixed income, foreign exchange and commodities business) sales and trading revenue was US$4.32 billion, up 10% year on year, exceeding expectations of US$3.64 billion. Revenue from the stock sales and trading business was US$3.31 billion, up 9.8% year over year, exceeding expectations of US$2.96 billion. After the financial report was announced, Goldman Sachs shares rose more than 3% in the premarket.
OpenAI: Released a Japanese-language GPT-4 custom model and will open its first Asian office in Tokyo
OpenAI today announced the establishment of the company's first office in Asia in Tokyo, Japan, to expand its business to Asia, and will release a GPT-4 customized model optimized for Japanese. OpenAI said it will work with the Japanese government, local companies and research institutes to develop safe artificial intelligence tools to meet Japan's unique needs and create new opportunities. Tadao Nagasaki will be the president of OpenAI Japan.
Focus on China Securities
Most of the popular Chinese securities stocks rose before the market
NIO's vehicle construction qualification has been officially approved
According to the media, recently, there are$NIO Inc (NIO.US)$Users posted car pick-up content on social media. The picture of picking up the car showed that the tail label for NIO's new car had changed from “JAC” to the words “NIO.” This means that NIO's vehicle construction license has been approved and production line switching has been completed, JAC's production license is no longer being used, and products have already begun to be delivered under the name NIO. The reporter sought official confirmation of this information from NIO. As of press time, no response had been received. Previously, NIO owned its own factory through the acquisition of JAC assets, and now it also has its own production qualifications.
Top 20 pre-market turnover of US stocks
US Stock Macro Calendar Reminder
(The following are all Beijing time)
20:30 Monthly rate of retail sales in the US in March
20:30 FOMC Permanent Voting Committee and New York Federal Reserve Chairman Williams were interviewed
edit/new