The first in the U.S. stock market turnover on Tuesday.$Tesla (TSLA.US)$Dropped by 2.04%, with a turnover of USD 27.13 billion. Tesla reported Q2 revenue of USD 25.5 billion after the close on Tuesday, higher than analysts' expectations of USD 24.63 billion; adjusted EPS was USD 0.52, lower than analysts' expectations of USD 0.60; operating profit was USD 1.61 billion, lower than analysts' expectations of USD 1.81 billion; gross margin was 18%, higher than analysts' expectations of 17.4%; free cash flow was USD 1.34 billion, lower than analysts' expectations of USD 1.92 billion; it is expected that the growth rate of sales in 2024 will still be significantly reduced; and it is expected that production in the third quarter will increase sequentially. Tesla said that the company's focus is still on reducing costs.

The second.$NVIDIA (NVDA.US)$Dropped by 0.77%, with a turnover of USD 21.333 billion. Citibank reiterated its "buy" rating and target price of USD 150 for Nvidia, and launched a 30-day upward catalyst observation on Nvidia, mainly for three reasons: (1) Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg are likely to discuss the future development of AI, and it is estimated that Nvidia will announce the long-awaited, Arm-based Grace CPU chip server; (2) Huang Renxun's remarks will provide positive messages on the profit model and investment return of end customers; (3) it is expected that information on the accelerated demand for AI will be released recently, and the recent decline in stock price due to geopolitical factors (PE is discounted by 13% from the three-year average level) can be regarded as a buying opportunity.

The third.$CrowdStrike (CRWD.US)$Rose by 1.88%, ending the previous downtrend with a turnover of USD 9.072 billion. The stock had fallen by a cumulative 23% in the previous two trading days. At the same time as the stock fell, "Wood Sister" bought nearly 0.06 million shares.

Ranked fourth.$Apple (AAPL.US)$Rose by 0.47%, with a turnover of USD 8.981 billion. Apple's official website shows that eligible products can be returned within 14 days from the delivery date. Previously, the sales volume of Vision Pro in the US market did not meet expectations, and the sales volume had not yet reached 0.1 million units.

Industry analysts believe that the high selling price and lack of practical functions are the main reasons affecting consumer purchases. Although Apple is developing a lower-priced version of Vision Pro, the practicality and application value of the product are still key. Currently, Vision Pro needs more practical applications, especially applications that improve work efficiency to promote its popularity. However, the above data has not been confirmed by Apple officials.

The fifth.$Amazon (AMZN.US)$Rose by 2.11%, with a turnover of USD 8.887 billion. On Tuesday, Italian prosecutors' documents showed that the Italian tax police seized about 0.121 billion euros from Amazon's Italian subsidiary as part of an investigation into suspected tax fraud and illegal labor practices. In a 94-page order, the Milan prosecutor's office charged that the logistics service department Amazon Italia Transport evaded labor and tax laws, relied on cooperatives or limited liability companies to provide workers, while evading value-added tax and reducing social security payments.

Brokerage Truist raised Amazon's target price from USD 220 to USD 230 and maintained a "buy" rating.

The sixth.$Alphabet-A (GOOGL.US)$Rose by 0.07%, with a turnover of USD 6.606 billion. On Monday, the CEO of cybersecurity start-up Wiz told employees that the company will reject Alphabet's Google's USD 23 billion acquisition offer and seek IPO instead. Just a few weeks ago, Google abandoned its plan to acquire software company HubSpot for USD 25 billion.

According to sources, a major reason for the failure of the high-level negotiations between Google and Wiz was a significant flaw in CrowdStrike's software update, which caused Windows systems on millions of devices worldwide to crash. This event has increased interest and potential value in companies like Wiz that provide cloud security features.

The seventh.$Microsoft (MSFT.US)$Dropped by 0.43%, with a turnover of USD 5.83 billion. On Tuesday, a Microsoft spokesperson said in an interview with the media that the EU should be responsible for the largest IT system failure in the world. This spokesperson said that the EU's restrictive measures prevented it from locking the Windows system, which was one of the causes of the global IT failure.

The EU's restrictive measures mentioned by Microsoft refer to the agreement reached between Microsoft and the EU in 2009. According to the agreement, Microsoft promised to give all security software the same access to the Windows kernel as its own software, enabling security products developed by third-party security software vendors like CrowdStrike to access and perform extremely complex operations through APIs in Windows clients and server systems.

Microsoft believes that the cost of this policy is a decline in system security, and the blue screen crash event is a manifestation of the consequences of this policy.

Microsoft spokesperson complained, "Although the company hopes to further lock the operating system to improve security, the EU's requirements make this goal difficult to achieve."

The eighth.$Advanced Micro Devices (AMD.US)$Dropped by 1.2%, with a turnover of USD 4.942 billion. Samsung announced that it will cooperate with AMD to provide high-performance FCBGA (Flip Chip Ball Grid Array) substrates for ultra-large-scale data center products and invest KRW 1.9 trillion (approximately RMB 9.975 billion) to promote related technologies and manufacturing capabilities to meet the highest industry standards and future technological needs.

UBS Group has raised AMD's target price from $200 to $210.

Ranked ninth.$Meta Platforms (META.US)$Rose by 0.26%, with a turnover of USD 4.629 billion. The CEO of the company, Zuckerberg, confirmed that Meta will release a new AR smart glasses by the end of this year and stated that Meta is almost ready to showcase the product prototype. According to the media, Meta may announce the new AR smart glasses at the Meta Connect annual conference to be held in September.

Ranked thirteenth.$United Parcel Service (UPS.US)$Dropped by 12.05%, the largest single-day drop in 15 years, with a turnover of USD 3.216 billion. The company's Q2 revenue and adjusted EPS were both lower than expected, and the revenue forecast for 2024 was lowered. The CFO of UPS stated that they have already laid off 11,500 people and the target is 12,000.

Ranked 14th.$GE Aerospace (GE.US)$Up 5.68%, with a turnover of $2.838 billion. The company's Q2 revenue was $9.1 billion, a year-on-year increase of 4%, exceeding expectations. Q2 adjusted EPS was $1.20, exceeding analyst expectations of $0.98. The company's CEO, Carl Pope, said: "I am 100% certain that I will stay at GE and not go to Boeing."

16th place.$Spotify Technology (SPOT.US)$Up 11.96%, with a turnover of $2.211 billion. The company's Q2 revenue increased by 20.2% year-on-year to 3.81 billion euros, basically in line with analysts' expectations; gross profit was 1.11 billion euros, a year-on-year increase of 45%, slightly higher than analysts' expectations of 1.07 billion euros; EPS was 1.33 euros, higher than analysts' expectations of 1.04 euros. Looking ahead, Spotify expects Q3 operating profit to be 0.405 billion euros, far above the average analyst expectation of 0.298 billion euros.

Ranking 20th$General Motors (GM.US)$With a drop of 6.42%, the transaction amounted to $1.921 billion. Due to strong demand for North American oil vehicles, General Motors' Q2 revenue was $49.77 billion, and net income attributable to shareholders increased by 14% compared with the same period last year. It is expected that the pre-tax net income for the whole year will reach $13-15 billion.

General Motors Q2 revenue has reached a record high for the quarter, with adjusted net profit up 37% year-on-year.

However, the company announced that it will postpone the release of the Buick electric vehicle originally planned for 2024 and postpone the opening of the electric pickup factory by 6 months to 2026.

The company also attributed its strong profit for the quarter to "strong and stable pricing" and "more focus on profit margins and capital efficiency", and plans to reduce the average price of its models by 1%-1.5% in the second half of this year.

Edited by Jeffrey