Dixonnn
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Poor earnings reports from tech giants triggered a market panic sell-off, leading to a significant decline in US stocks. The S&P 500 and Nasdaq both recorded their biggest one-day declines in a year and a half, falling 2.3% and 3.6%, respectively. This decline caused the S&P 500 to fall below the 50-day EMA for the first time since May, ending the longest record of a single-day decline of more than 2% since 2007. The Dow also fell 500 points, and the small-cap stock index fell 2.1%. The sharp decline in Tesla, Google, and chip stocks further increased downward pressure on the market.
Furthermore, former Federal Reserve officials called for immediate interest rate cuts to cope with the economic slowdown. At the same time, the Bank of Canada announced a 25 basis point cut in interest rates and hinted that interest rates may be cut further in the future. This policy shift reflects increased pressure to ease monetary policies around the world.
Among other market trends, the US Markit manufacturing PMI hit a seven-month low, while the service sector PMI reached a 28-month high, indicating increased differentiation between manufacturing and service industries. Eurozone economic data also showed that manufacturing was weak. In particular, Germany's composite PMI unexpectedly contracted, increasing the risk of a recession.
In the Asian market, despite the general decline in global stock markets, the Shanghai Index returned above 2,900 points. Electricity stocks rose against the market, and Changjiang Electric Power's stock price reached a new high. This shows that against the backdrop of increased global market volatility, some Asian markets have shown some resilience.
$Tesla(TSLA.US$ $Alphabet-C(GOOG.US$ $iShares Semiconductor ETF(SOXX.US$ $Russell 2000 Index(.RUT.US$
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Furthermore, former Federal Reserve officials called for immediate interest rate cuts to cope with the economic slowdown. At the same time, the Bank of Canada announced a 25 basis point cut in interest rates and hinted that interest rates may be cut further in the future. This policy shift reflects increased pressure to ease monetary policies around the world.
Among other market trends, the US Markit manufacturing PMI hit a seven-month low, while the service sector PMI reached a 28-month high, indicating increased differentiation between manufacturing and service industries. Eurozone economic data also showed that manufacturing was weak. In particular, Germany's composite PMI unexpectedly contracted, increasing the risk of a recession.
In the Asian market, despite the general decline in global stock markets, the Shanghai Index returned above 2,900 points. Electricity stocks rose against the market, and Changjiang Electric Power's stock price reached a new high. This shows that against the backdrop of increased global market volatility, some Asian markets have shown some resilience.
$Tesla(TSLA.US$ $Alphabet-C(GOOG.US$ $iShares Semiconductor ETF(SOXX.US$ $Russell 2000 Index(.RUT.US$
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Dixonnn
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$Serve Robotics (SERV.US)$ as I see it, all the investors is running around now from red... all the $ is coming back to this kukubird 🐦
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Dixonnn
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Dixonnn
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$Maxeon Solar Technologies(MAXN.US$ lol Top 5 holders hold less than 10%.
Sure gone case.
Can try buy at 0.06 for dead cat rebound
Sure gone case.
Can try buy at 0.06 for dead cat rebound
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Dixonnn
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$Tesla(TSLA.US$ Musk once said that all airdrops were eliminated, including Gates, and that he personally did not agree with those remarks and assertions; it was simply a team of capitalists manipulating stock prices by a huge amount of money, and in the long run, when many people bought stocks and hit new highs on a daily basis, everyone became rich, so there was no need to work worry-free. After that, who was responsible for losing and distributing the money earned by the many, uh, a team of capitalists manipulated stock prices and corrupt officials from behind Nothing different
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Dixonnn
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$Nike(NKE.US$ You can rush in to buy at the opening of a trade today, and stop losing to jump to the lowest point![]()
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Dixonnn
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i shorted Apple as i think it is over bought and US indexes are too high. with rate cut expected in September, i see the US markets correcting at least 10 % down. i hope i am right on US being over bought. anyone has the smae thoughts?
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Dixonnn
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Will be watching to see if that upper GAP is tested when the market opens.
Larger Image: tradingview.com...
$RR
Larger Image: tradingview.com...
$RR
![$RR Support / Resistance](https://ussnsimg.moomoo.com/sns_client_feed/72897422/20240722/1721650871298-0e78fadc33.png/thumb?area=100&is_public=true)
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Dixonnn
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According to media reports, OpenAI is working on a new AI model, code-named Strawberry.
OpenAI New large models are being developed
The model’s operation is also kept strictly confidential within the OpenAI, people familiar with the matter said. The internal document describes a project that uses the Strawberry model that allows the company’s AI not only to answer questions, but also to plan in advance and brow...
OpenAI New large models are being developed
The model’s operation is also kept strictly confidential within the OpenAI, people familiar with the matter said. The internal document describes a project that uses the Strawberry model that allows the company’s AI not only to answer questions, but also to plan in advance and brow...
![OpenAI is working on Strawberry AI model, WiMi starts its innovation in AI application](https://ussnsimg.moomoo.com/sns_client_feed/101834738/20240722/1721629358014-442db4e554.webp/thumb?area=999&is_public=true)
![OpenAI is working on Strawberry AI model, WiMi starts its innovation in AI application](https://ussnsimg.moomoo.com/sns_client_feed/101834738/20240722/1721629358006-053823f5ee.png/thumb?area=999&is_public=true)
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