Source: Global Market Report On Monday, the turnover of US stocks ranked first, closing up 0.75% with a turnover of $38.014 billion. Since the opening on June 10, Nvidia's stock has been trading at adjusted prices after the split. The overall value of Nvidia is not expected to change after the split, and the lower stock price will make it easier for investors to reach. In terms of product structure, the operating income of 10-30 billion yuan products is respectively 401/1288/60 million yuan.

The opening ceremony of the Apple Worldwide Developers Conference (WWDC), which was highly anticipated by investors, started on Monday, with its annual five-day conference running through to Friday, June 14. On Monday, Apple CEO Cook announced the "Apple Intelligence" feature, which integrates AI language models into a wide range of Apple devices, including iPhone, iPad, and Mac. Users can use AI to write articles and check and proofread content in various situations, and can even allow AI to generate images when sending messages. Apple also announced a partnership with OpenAI to integrate the latter's ChatGPT.$Apple (AAPL.US)$It rose 7.26%, hitting a historical high, with a turnover of 35.008 billion US dollars.

At the global developers conference (WWDC) held on Monday, Apple announced updates for systems including iOS 18, iPadOS 18, and watchOS 11, and announced a partnership with OpenAI to integrate ChatGPT. Apple announced the "Apple Intelligence" suite around AI capabilities, which can prioritize push notifications, summarize text, and generate images. At the same time, Apple announced that Vision Pro will be launched in China, Japan, and Singapore on June 28, with a starting price of nearly 30,000 yuan in mainland China.

According to a report by senior analyst Gardos Sevilla from Emarketer, Apple's strategy for generative AI is personalization. The analyst said that Apple is working twice as hard to provide users with easy-to-use AI generation tools in various applications and services that they are already familiar with.

Tesla CEO Musk criticized Apple's partnership with OpenAI, saying that if Apple integrates OpenAI's technology at the operating system level, he will ban the use of Apple devices in his own company for safety reasons.

The second.$NVIDIA (NVDA.US)$It fell 0.71%, with a turnover of 26.849 billion US dollars. After Nvidia implemented a 1-to-10 stock split, investment firm Oppenheimer raised its target price from $110 to $150 and gave it an "outperform" rating.

Analysts led by Rick Schafer said they are updating their models to reflect an increase in the number of stocks traded. These analysts pointed out that Nvidia founder and CEO Huang Renxun has been on a "roadshow" since his keynote speech at Computex in 2024.

In his keynote speech, Huang Renxun emphasized Nvidia's mid-term and short-term computing and network development roadmap. B100 will begin production in the fourth quarter of this year, followed by B200, as well as GB200/NVL36/NVL72.

According to the new annual update schedule, Nvidia's Blackwell Ultra SKU will be launched in the second half of 2025. Analysts added that the successor product Ruben of Blackwell will debut with the R100 family in 2026, followed by Ruben Ultra in 2027.

However, well-known US economist Harry Dent made a pessimistic forecast, stating that US stocks may experience a significant pullback, and chipmaker Nvidia may fall by 98%, which means a vaporization of trillions of dollars of market capitalization.

The third.$Tesla (TSLA.US)$It fell 1.8%, with a turnover of 10.965 billion US dollars. Tesla CEO Musk strongly opposed Apple's partnership with OpenAI, saying it would create data risk. He also stated that if Apple integrates OpenAI at the operating system level, his company will ban the use of Apple devices.

On June 10th, Musk posted on social platform X, saying: "This is unacceptable breach of security protocol. Visitors must check all their Apple devices at the door, which will be stored in a Faraday cage."

Tesla will hold its annual shareholders' meeting on June 14th Beijing Time to vote on Musk's $56 billion compensation plan. Several major shareholders, including the Norwegian sovereign wealth fund and the California Teachers 'Retirement Fund, said they would oppose the plan.

In addition, Morgan Stanley analysts led by Ryan Brinkman wrote in a report to clients on Tuesday that although Tesla will unveil a self-driving taxi concept and possibly launch a related app on August 8th, this business may not generate substantial revenue for many years to come.

According to monthly reports released by data and technology company Hazeltree on Tuesday, Tesla surpassed Chevron again as the most heavily shorted large-cap US stock. HazelTree ranks short bets on a scale of 1 to 99 according to a "Crowdedness Score," with 99 having the highest percentage of funds betting against the security.

HazelTree ranked Tesla as the most crowded with a score of 99. Since the beginning of the year, Tesla's stock has fallen by more than 30% due to slowing demand in the electric vehicle market and increased competition.

Ranked fourth.$Advanced Micro Devices (AMD.US)$Down 0.86%, with a turnover of 6.423 billion US dollars. Morgan Stanley downgraded the rating for this semiconductor giant. Joseph Moore, an analyst at the bank, adjusted AMD's rating from "buy" to "neutral", although the target price remained unchanged at $176. This move still triggered a sell-off of AMD stocks in the US stock market on Monday.

AMD's stock price accumulated a 43% increase in the fourth quarter of last year and a further 22% increase in the first quarter of this year. However, it has fallen by 11% since the second quarter, compressing the year-to-date increase to about 9%.

The fifth.$Microsoft (MSFT.US)$Up 1.12% to a record closing high of market cap, with a turnover of 6.255 billion US dollars. Microsoft is still the largest company in the US by market value, but its lead over second place Apple is narrowing.

According to reports, Microsoft is considering upgrading its important software suite to include more AI tools. Bradley Sills, an analyst at Bank of America Securities, maintained a buy rating on Microsoft.

Todd McKinnon, CEO of cybersecurity company Okta, recently said that Microsoft is outsourcing the development of all its best AI tools and software to OpenAI, which may benefit its main competitor Google.

The sixth.$Amazon (AMZN.US)$Up 0.09% with a turnover of 5.079 billion US dollars. American law firms have filed a class action lawsuit against Amazon, alleging the company's abuse of retail data.

According to reports, the law firm of Willkie Farr & Gallagher recently filed a class action lawsuit with the Competition Appeals Court in London on behalf of the British Independent Retailers Association and about 35,000 UK retailers on the Amazon platform, alleging that Amazon has been illegally abusing the data of platform retailers since October 2015 to date, implementing self-preferential treatment and seeking commercial interests, and many platform retailers are unaware of this, which violates the "Competition Law" and requires it to pay 1 billion pounds in compensation.

The eighth.$Meta Platforms (META.US)$Up 0.97% with a turnover of 4.882 billion US dollars. Meta Platforms said that the company is developing artificial intelligence technology specifically for Europe to reflect reference information in language, geography and culture. META will use content publicly shared by users in EU countries on its Instagram, Facebook and other platforms to train its large language model.

The company previously stated that it would use public posts from Facebook and Instagram to train part of the functionality of its new Meta AI virtual assistant, but not private posts shared only with family and friends to respect user privacy. The company said last month that it will begin notifying Facebook and Instagram users in the EU and UK about how it uses shared public information on Meta services to develop and improve artificial intelligence.

Ranked ninth.$GameStop (GME.US)$Up 22.8%, continuing the recent trend of large fluctuations, with a turnover of 3.935 billion US dollars. The company raised approximately $2.137 billion through stock financing.

Ranked tenth.$Alphabet-A (GOOGL.US)$Up 0.92% with a turnover of 3.779 billion US dollars. Alphabet, Google's parent company, may acquire HubSpot, a US marketing software manufacturer with a market value of $31 billion. This move will enhance Google's ability to compete with Microsoft in providing cloud applications to businesses.

11th place$Eli Lilly and Co (LLY.US)$Up 0.09%, with a turnover of 3.552 billion US dollars. Donanemab, Eli Lilly's new drug for Alzheimer's disease, received unanimous approval in the Peripheral and Central Nervous System Drugs Advisory Committee of the US Food and Drug Administration (FDA) recently.

There were two questions in the PCNS vote on Donanemab: whether existing data shows that the drug is effective in treating Alzheimer's disease in patients with mild cognitive impairment and mild dementia who participated in clinical trials, and whether the benefits of the drug in treating patients with mild cognitive impairment and mild dementia outweigh the risks. PCNS approved the effectiveness of Donanemab and believed that the benefits of the drug outweighed the risks by a vote of 11:0.

With a turnover of 2.352 billion US dollars, it fell by 2.45%. The company recently launched an immediately deployable liquid-cooled AI data center. This data center is designed for cloud-native solutions, accelerates the use of generative AI by various companies, and is optimized for the Nvidia AI Enterprise software platform, suitable for the development and deployment of generative AI.

Ranked 14th.$Super Micro Computer (SMCI.US)$Down 1.46% with a turnover of 1.904 billion US dollars. Data from the bulk brokerage department of Goldman Sachs Group showed that fund managers have been net selling US technology stocks for three consecutive weeks. Semiconductor and semiconductor equipment stocks nominally sold the most in the week ending June 7, while software stocks bought the most.

Ranked 18th. Fell 1.56%, with a turnover of 2.175 billion US dollars. The company's statistics show that in the first quarter of 2024, its net income was $8.22 billion, a year-on-year decrease of 28%. It is analyzed that the main reason for the decline in profit is the fall in natural gas prices and the deterioration of refinery profit margins.$Taiwan Semiconductor (TSM.US)$It fell 1.46% and the trading volume was 1.904 billion US dollars. According to data from the bulk brokerage department of Goldman Sachs, fund managers have been net selling US technology stocks for three consecutive weeks. Among them, semiconductor and semiconductor equipment stocks had the most nominal net sales in the week ending June 7, while software stocks had the most net purchases.

Editor/Jeffy