Hot News
The S&P 500 Index saw a thrilling three-day rise, now awaiting remarks from Powell.
The S&P 500 Index turned to gain in the final trading hours, closing up 0.1% at 5,892.58 points, marking its third consecutive day of gains, after recovering all losses for the year the previous day. Notably, Federal Reserve Chairman Powell will deliver the opening speech at the second Thomas Laubach Research Conference tonight, and investors need to closely watch Powell's views on the direction of interest rates amid the latest trade situation developments.
Trump secured a $1.2 trillion "economic exchange" commitment from Qatar, with Boeing landing the largest order in history.
On Wednesday, May 14, local time, Qatar's official statement announced that the country signed a joint statement of government cooperation with the USA in the capital city of Doha, along with bilateral agreements and memoranda of cooperation involving civil aviation and defense sectors. The White House announcement stated that the agreements signed by Trump in Qatar are aimed at facilitating an "economic exchange" valued at at least $1.2 trillion. The White House noted that Trump announced a total economic deal of over $243.5 billion between the USA and Qatar, including a $96 billion order from Qatar Airways.
The Vice Chairman of the Federal Reserve: Economic growth is expected to slow, and inflation may rebound but remains to be observed.
Federal Reserve Vice Chairman Jefferson stated that tariffs and uncertainties may slow down USA economic growth and push up inflation, but monetary policy is prepared to respond; Jefferson has lowered the economic growth forecast for the USA this year, but expects the economy to continue expanding. He pointed out that tariffs may disrupt progress in slowing inflation, at least in the short term, pushing up inflation.
Bridgewater's Q1 holdings demonstrate a "risk-averse principle": aggressively buying Alibaba, cutting positions in the S&P, and initiating a position in the Gold ETF.
Bridgewater's operations in the first quarter have already demonstrated a risk-aversion strategy in anticipation of Trump's inauguration, as well as an interest in the theme of 'East Rising, West Declining.' Bridgewater's new investments in the first quarter. $Gold ETF - SPDR (GLD.US)$ Over $0.3 billion, $JD.com (JD.US)$ Over $0.1 billion, $Chubb Ltd(CB.US)$ 、 $Goldman Sachs (GS.US)$ And so on. Shareholding. $Alibaba (BABA.US)$ 、 $Baidu (BIDU.US)$ 、 $Booking Holdings(BKNG.US)$ And so on. Liquidation. $ON Semiconductor (ON.US)$ 、 $Moderna(MRNA.US)$ 、 $Lyft Inc(LYFT.US)$ 、 $Chewy(CHWY.US)$ And so on. Shareholding. $S&P 500 ETF - SPDR (SPY.US)$ , also reduced the shareholding $Alphabet-A (GOOGL.US)$ 、 $NVIDIA (NVDA.US)$ 、 $Applovin(APP.US)$ 、 $Meta Platforms(META.US)$ etc.
Post-Market Trading
NVIDIA and Tesla both rose over 4%, while China Concept Stocks outperformed the Large Cap.
On Wednesday, the three major US stock indices were mixed, with the Dow Jones Industrial Average declining, the S&P 500 Index struggling to achieve a third consecutive gain, while the Nasdaq rose for the sixth day in a row.
Large technology stocks were mixed, with NVIDIA up 4.16%, Tesla up 4.07%, Microsoft up 0.85%, Apple down 0.28%, Amazon down 0.53%, Alphabet-C up 3.68%, Meta Platforms up 0.51%, and Broadcom down 0.13%.
Most popular China Concept Stocks rose, with Tencent Music up 15.66%, Li Auto up 2.72%, New Oriental up 2.45%, Alibaba up 1.82%, TAL Education up 1.7%, Baidu up 1.55%, Xpeng Motors up 0.67%, and NIO up 0.24%.
Tesla rose over 4%, and Musk met with the Governor of Qatar's Central Bank and the Chairman of Qatar Investment Authority.
On Wednesday, $Tesla (TSLA.US)$ The stock rose more than 4%, reaching a high of $350 at one point. On the news front, Tesla CEO Elon Musk visited the Middle East with USA President Trump, and the White House stated that President Trump reached a historic $1.2 trillion economic commitment in Qatar.
Super Micro Computer's stock price surged again after signing a $20 billion AI agreement with Saudi Datacenter DataVolt.
DataVolt, a Saudi Arabian Datacenter company, and $Super Micro Computer(SMCI.US)$ this once-troubled American AI Server and high-performance computing platform manufacturer signed a multi-year cooperation agreement. On Wednesday, Super Micro Computer's stock surged again, rising about 20% at one point during the day, and closing up 15.7%.
AMD announced a new $6 billion Share Buyback plan.
$Advanced Micro Devices (AMD.US)$ Up more than 4%, the company announced that its Board of Directors approved a new $6 billion Share Buyback plan. The new authorization complements the remaining balance of approximately $4 billion of its existing Share Buyback plan set to expire on March 29, 2025, increasing the total current buyback authorization to approximately $10 billion.
Cisco's revenue for the third quarter reached $14.15 billion, exceeding market expectations.
$Cisco (CSCO.US)$ Revenue for the third quarter was $14.15 billion, while analysts had expected $14.05 billion. Full-year revenue is expected to be between $56.5 billion and $56.7 billion, while the company originally estimated $56 billion to $56.5 billion. Adjusted EPS for the fourth quarter is projected to be between $0.96 and $0.98, while analysts expect $0.95. The quarterly dividend remains unchanged at 41 cents, in line with analyst expectations. As of the time of writing, Cisco rose nearly 3% in Post-Market Trading.
The stock price fell nearly 8% in Post-Market Trading! CoreWeave reported a net loss of over $0.3 billion for the first quarter.
$CoreWeave(CRWV.US)$ This is the first earnings report since the U.S. IPO. Revenue for the first quarter was $0.9816 billion. The net loss for the first quarter was $0.3146 billion, with an adjusted net loss of $0.1496 billion; the adjusted EBITDA profit margin for the first quarter was 62%; the loss per share for the first quarter was $1.49. The company's stock price fell nearly 8% in Post-Market Trading.
Novo-Nordisk has reached a cooperation agreement with Septerna to jointly develop a new generation of weight loss drugs.
$Novo-Nordisk A/S(NVO.US)$ the competition with $Septerna(SEPN.US)$ A collaboration has been established to jointly develop oral small molecule drugs for the treatment of obesity, type 2 diabetes, and other diseases, focusing on oral weight loss medications. As a result, Septerna's stock price surged by over 50%; the transaction terms are linked to milestones, allowing Septerna to earn approximately 2.2 billion USD, including over 0.2 billion USD in advance payments.
Top 20 trading volumes.
Hong Kong Market Outlook
Northbound funds purchased over 6.7 billion HKD in Hong Kong stocks! Increased Shareholding in TRACKER FUND OF HONG KONG by over 5.2 billion HKD, Sold Apple for over 1.5 billion HKD.
On May 14 (Wednesday), southbound funds net purchased 6.707 billion HKD in Hong Kong stocks.
$TRACKER FUND OF HONG KONG(02800.HK)$ 、 $China Construction Bank Corporation (00939.HK)$ 、$Ping An Insurance (02318.HK)$Net purchases were 5.241 billion HKD, 0.761 billion HKD, and 0.299 billion HKD respectively.
$XIAOMI-W(01810.HK)$、 $TENCENT(00700.HK)$ 、$Semiconductor Manufacturing International Corporation(00981.HK)$Net sales were 1.544 billion HKD, 0.899 billion HKD, and 0.4 billion HKD respectively.
Tencent's Q1 revenue reached 180.022 billion yuan, a 13% year-on-year increase.
$TENCENT(00700.HK)$ The first quarter earnings report for 2025 shows a revenue of 180.022 billion yuan (RMB, the same below), a year-on-year increase of 13%; adjusted net income was 61.329 billion yuan, an increase of 22% year-on-year.
Today's focus.
Keywords: USA April PPI data, USA April retail sales month-on-month, Alibaba Earnings Reports, Powell's speech
On Thursday, in terms of economic data, investors can pay attention to the USA April retail sales month-on-month, April USA PPI data, number of initial jobless claims in the week ending May 10th, May New York Fed Manufacturing Index, and May Philadelphia Fed Manufacturing Index data.
In terms of financial events, the Federal Reserve will hold the second Thomas Laubach research conference, and Federal Reserve Chairman Powell will deliver an opening speech to discuss the evaluation of the Federal Reserve's monetary policy; 2027 FOMC voting member and San Francisco Fed President Daly will participate in a fireside chat.
In terms of Earnings Reports, $Walmart (WMT.US)$ 、 $Alibaba (BABA.US)$ 、 $NetEase (NTES.US)$ 、 $KE Holdings (BEKE.US)$ Earnings Reports will be released during Pre-Market Trading; Hong Kong stocks. $Geely Autos (00175.HK)$ The performance will be announced today.
Regarding new stocks, the Hong Kong stock market $Green Tea Group (06831.HK)$ announces the results of the lottery.
Futubull Morning Reading:
There are only a few opportunities; when an opportunity arises, we pounce on it and seize it.
——Charlie Munger
Editor/Somer
