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European and American stocks and bonds both fell, tesla rose more than 9% after hours, silver fell by 4%, the dollar reached its highest level in nearly three months
European and American central bank officials called for caution in cutting interest rates, with US Treasury yields rising to pressure low-risk assets. The Dow and S&P indices fell by about 1% for the third consecutive day, NVIDIA initially dropped over 4%, cloud-based company Kujiale warned of profit slump nearly 3% in US stock, China concept index turned down, but Li Auto Inc. rose by nearly 4%. The 10-year US Treasury yield once rose above 4.26% to a three-month high, and the yen fell below 153 for the first time in three months. Oil prices fell by more than 1%, spot gold approached $2760 to hit a new high before falling by over 1%, and silver initially dropped by 4%.
Guotai Junan: Clear supply, promote transformation, lead education and training, and start restoration
Guotai Junan released a research report saying that the education and training sector is steadily returning to standardized development, focusing on the release of performance and boosting valuation. With the gradual introduction of rules at the executive level, clarification of penalty rules and supervisory subjects, and gradual entry into normalized classification and supervision; the education industry is stabilizing and trending upward. Currently, it has strong and scarce operational resilience, and sector valuations are expected to be boosted.
Bill Gates: AI will accelerate innovation and change the education industry
Microsoft co-founder Bill Gates today praised the “revolutionary” properties of artificial intelligence (AI) and predicted the potential impact of AI on the world.
New Oriental Education & Technology Q3 2023 Earnings Preview
New Oriental Education Q2 EPS $0.10 Misses $0.12 Estimate, Sales $638.20M Beat $612.76M Estimate
Alibaba Up 2%, Nio Down 4%: Hong Kong Stocks Mixed as Investors Brace for Fed Minutes, JOLTS Data
102270859 : Fly down the cliff for sure. All garbage stocks.