Hot News
On Monday's Pre-Market Trading, the three major Equity Index futures fluctuated downwards.
Moody's downgrade of the U.S. credit rating continues to cause turbulence in the U.S. Capital Markets, with a rise in 'Sell America' Trades, leading to a triple kill situation in stocks, bonds, and currencies.
Star Technology stocks collectively fell in Pre-Market Trading.$Tesla (TSLA.US)$Falling nearly 4%.$NVIDIA (NVDA.US)$Dropped over 3%, $Taiwan Semiconductor (TSM.US)$、 $Meta Platforms (META.US)$ Dropped about 2%.
Most popular Chinese concept stocks are down in Pre-Market Trading. $Alibaba (BABA.US)$ 、$Taiwan Semiconductor (TSM.US)$Fell over 2%,$PDD Holdings (PDD.US)$ It fell close to 1%.
Most quantum computing concept stocks fell in Pre-Market Trading. $D-Wave Quantum (QBTS.US)$ Increased by nearly 2%, $Intel (INTC.US)$ dropping nearly 2%, $Rigetti Computing (RGTI.US)$ decreasing by more than 3%. $Quantum Computing (QUBT.US)$ Down nearly 5%.
Tesla drops over 4% in Pre-Market Trading, Robotaxi 'key testing' has not yet started.
$Tesla (TSLA.US)$In Pre-Market Trading, down over 4%. On the news front, the countdown for Tesla's Robotaxi launch is only a few weeks away, but the 'key testing' has still not started. Previously, Tesla executives indicated in the first quarter Earnings Reports conference call that the Robotaxi service would launch in Austin, Texas in June this year.
NVIDIA drops over 3% in Pre-Market Trading, will no longer launch the Hopper series chips in China.
$NVIDIA (NVDA.US)$In Pre-Market Trading, there was a drop of over 3%. In the news, NVIDIA CEO Jensen Huang recently stated that due to U.S. government restrictions on the export of the Hopper architecture H20 chip to China, the company is reevaluating its Global Strategy for the Chinese market.
In an interview, Jensen Huang clearly stated that for the Chinese market, NVIDIA will not release any more Hopper series products after the H20 chip, saying, "It will not be Hopper because Hopper can no longer be adjusted."
Novavax saw a pre-market surge of over 14% after its COVID-19 vaccine was approved by the U.S. FDA.
$Novavax (NVAX.US)$There was a pre-market surge of over 14%, and the news indicates that the U.S. Food and Drug Administration (FDA) approved Novavax's COVID-19 vaccine for elderly individuals or those aged 12 and older.
Taiwan Semiconductor dropped over 2% in Pre-Market Trading as Soros cleared his holdings of Taiwan Semiconductor in the first quarter.
$Taiwan Semiconductor (TSM.US)$Fell over 2% in Pre-Market Trading. In terms of news, Taiwan Semiconductor's stock closed down 1.4% today. The company plans to issue NT$14.1 billion in new bonds, with a 5-year interest rate rising to 1.92%.
Soros Fund made significant adjustments to its holdings in the first quarter, with Form 13F showing that the Soros Fund increased its positions in NVIDIA, satellite communications company AST SpaceMobile, JPMorgan, and Bitcoin miner Cipher Mining. At the same time, the fund fully liquidated its holdings in Super Micro Computer, Alibaba, and Taiwan Semiconductor and substantially reduced its stake in Google and JD.com.
Ryanair rose over 5% in Pre-Market Trading, with profits in the last fiscal year reaching the upper limit of expectations and proposing to repurchase €0.75 billion in shares.
Ryanair.$Ryanair (RYAAY.US)$Rose over 5% in Pre-Market Trading. In terms of news, Ryanair announced its fiscal year performance ending March 31, with profits declining 16% year-on-year to €1.61 billion, reaching the company's upper limit of expectations. Due to a 7% drop in ticket prices, passenger volume increased from 0.1837 billion in 2024 to just over 0.2 billion. The company stated its plan to buy back €0.75 billion in shares over the next 6 to 12 months.
EHang is considering a secondary listing.
The electric vertical takeoff and landing (eVTOL) manufacturer listed on Nasdaq. $EHang (EH.US)$ The Chief Financial Officer Conor Yang indicated, "We are actively exploring different alternatives for a secondary listing outside of the United States."
Jensen Huang's speech at Computex: announcing the "AI Industrial Revolution" and constructing a trillion-dollar AI infrastructure landscape.
$NVIDIA (NVDA.US)$ Founder and CEO Jensen Huang attended the opening ceremony of the Taipei International Computer Exhibition (Computex 2025) and delivered the first keynote speech, sharing the latest breakthroughs and advancements in AI and accelerated computing technology.
Jensen Huang stated that the GB300 is equipped with an upgraded Blackwell chip, which has improved inference performance by 1.5 times, increased HBM memory capacity by 1.5 times, and doubled network connectivity capability, enhancing overall system performance. Jensen Huang mentioned that we are at the beginning of an era of AI factories, and NVIDIA will become an AI infrastructure company, no longer just a chip manufacturer.
Qualcomm has entered the AI data center battle: new chips can seamlessly connect with NVIDIA GPUs!
$Qualcomm (QCOM.US)$On Monday, it was announced that a processor specifically designed for data centers will be launched to support artificial intelligence computations, which will be able to connect to NVIDIA chips.
Global Macro
The "Sell America" trading strategy is back! Moody's credit downgrade has shocked the market.
Last week, Moody's rating agency downgraded the credit rating of the United States from the highest level Aaa to Aa1, and adjusted the rating outlook from "negative" to "stable." Moody's clearly pointed out that the increasingly worsening fiscal deficit and political polarization in the U.S. are undermining the credit foundations of the world's largest economy.
Wall Street traders have restarted the "Sell America" trading strategy. Scott Thiel, a strategist at BlackRock Investment Institute, stated, "The market is reassessing the long-term sustainability of U.S. debt, and Moody's warning this time cannot be easily ignored."
The rating downgrade has triggered market fluctuations! The yield on 30-year U.S. Treasury Bonds has risen to 5%. Is the "Sell America" trade making a comeback?
Due to Moody's downgrade of the U.S. sovereign credit, concerns about U.S. debt have intensified. $U.S. 30-Year Treasury Bonds Yield (US30Y.BD)$ It rose to the psychological level of 5%. Moody's announced last Friday that it has removed the highest credit rating for the U.S. government, downgrading it from Aaa to Aa1. The company blames the ever-expanding U.S. budget deficit on successive presidents and members of Congress, stating that there are almost no signs of the budget deficit narrowing.
Trump will speak with Putin and Zelensky to reinvigorate the peace process.
Trump stated that he will speak with Putin and Zelensky on Monday to end the 'bloody conflict' between the two countries. Previously, Russian President Putin was absent from the peace talks initiated with Ukrainian President Zelensky.
"Wood Sister" defends Trump's policies: The tariff war may ultimately liberate the market.
"Woodstock" Kathy Wood believes that after experiencing volatility caused by President Trump’s tariff policy in April, the stock market may be heading for a turning point. Wood claims that she believes the essence of the White House's strategy is to reduce trade barriers: "If this goal is ultimately achieved, it's equivalent to a tax cut, which is a bullish signal." Speaking about the trade agreement reached between the U.S. and the U.K. this month, Wood expressed hope that more agreements can take shape, becoming a 'two-way channel' for the U.S. to open its market.
Defending the "Trump Tariffs"! U.S. Treasury Secretary: Uncertainty is a negotiation tactic, does not want to decouple from China.
U.S. Treasury Secretary Scott Bessen defended Trump again on Sunday, stating that using "strategic uncertainty" in trade negotiations with other countries is Trump's negotiation tactic. "If we give other countries too much certainty, they will hide in negotiations with us. I believe that by the end of these negotiations, retailers, the American people, and American workers will all be better off."
In the late night reversal, Trump's tax cut bill passed the House Budget Committee vote.
In just two days, the Trump Tax Bill (One Big Beautiful Bill Act) underwent a turnaround, successfully passing the House Budget Committee's vote. According to media reports, after an unusual vote on Sunday (May 18) after 10 PM, Trump's tax bill successfully passed the House Budget Committee with a result of 17 votes in favor and 16 votes against.
Top 20 transactions in Pre-Market Trading.
Macro calendar reminders for the USA stock market.
(The following is in Beijing time)
20:45 Vice Chairman Jefferson of the Federal Reserve delivers a speech, followed by FOMC permanent voting member and New York Fed President Williams.
22:00 U.S. April Conference Board Leading Indicator monthly rate.
22:00 U.S. President Trump speaks consecutively with Russian President Putin, Ukrainian President Zelensky, and NATO member countries; U.S. May one-year inflation rate expectation preliminary value.
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