Good morning to all Moomoo users!Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 0.03 million4800 yen - 0.03 million5300 yen (2-day closing price 0.03 million5909 yen 70 sen)
● Concerns about the deterioration of the US economy intensified, stock depreciation and government bond yields declined, and the dollar yen was in the 145 yen range at one point
● Rumors that NVIDIA lags behind the latest AI semiconductor Blackwell
● Berkshire almost halves Apple stock holdings
● Tesla's sales in China increased 15% from the previous year in July, as was the tailwind of government subsidies
● “Shares bought!” on the 2nd of the previous weekend Total Zalai — What are the expected stocks leading up to today? ―Japanese stocks
-MOOMOO NEWS Amelia
Market Overview
In the US stock market on the 2nd, the NY Dow Jones Industrial Average continued to drop drastically to 0.03 million9737 dollars 26 cents, which is 610 dollars 71 cents lower than the previous business day. The Nasdaq Composite Stock Price Index fell 417.981 points to 0.01 million6776.164. In the Tokyo stock market on the 5th, the Nikkei Stock Average continued to plummet, devaluing the level to the first half of the 0.03 million5000 yen range, and in some cases, it is expected that it will drop below 0.03 million5,000 yen all at once. Last weekend...

Nobody knows the bottom price, so they continue to accumulate and buy more US long-term bond ETFs, S&P 500, and Japanese stock bulls on spots

Despite intensifying domestic competition, BYD emphasizes sales power due to rapid increases in profits, and is rapidly approaching the world's largest Tesla company by selling pure electric vehicles.
The stock price of the Hong Kong-listed Chinese electric vehicle company BYD rose by about 1% this month, surpassing Tesla's 17% sharp drop and other declines in the same industry. The stock price of Elon Musk's company is more than double the rate of increase of BYD since the beginning of this year, but there are signs that the latter will rise further.
Traders have bought up BYD's bullish options, and analysts have raised BYD's earnings forecasts to record highs since this month's quarterly bulletin. BYD recorded record sales despite increased competition and a drastic slowdown in sales of new energy vehicles in China. The company will announce financial results for the third quarter after closing on Monday.
BYD stock soars due to highest quarterly profit for Chinese EV makers
Mr. Musk showed a grim outlook at the beginning of this month that rising interest rates in the US were impacting sales, casting dark clouds over the global EV sector. Tesla's performance has also been affected by price competition that has been carried out over several months to stimulate demand. Analysts are...