US Morning News Call | Trump Delays USMCA Tariffs on Mexico and Canada Until April 2

Moomoo Breakfast USMar 7 07:02 ET

The U.S. stock market has come under pressure, what will Trump do?

Reflecting on Trump's performance during his first term, despite the fact that U.S. stocks experienced one of the worst performances in a non-recession year in 2018, Trump still chose to escalate the trade war. Nomura believes that this indicates a high tolerance for the decline of U.S. stocks; therefore, he is more likely to "tough it out" against the decline in the stock market and inflation pressures, rather than quickly resolving trade conflicts.

wallstreetcnMar 7 01:16 ET

The Nasdaq has fallen nearly 10% in two weeks, with chip stocks facing heavy short-selling.

In yesterday's Nasdaq crash, chip stocks led the decline, with the PHLX Semiconductor Index plummeting by 4.5%. Short sellers are aggressively shorting Technology stocks, pushing the shorting costs for the VanEck Semiconductor ETF to this year's highest point. The market is worried that Trump's trade disputes, stubborn inflation in the USA, and large-scale layoffs dominated by DOGE could trigger a recession or even stagflation in the USA. Additionally, the improvement of AI capabilities in China has sparked market concerns about the future demand for chips.

wallstreetcnMar 6 19:38 ET

Brokerage morning meeting highlights: The Agent application is expected to enter its first year of significant growth in 2025.

At today's Brokerage morning meeting, HTSC proposed that Agent applications are expected to enter a period of significant volume in 2025; Tianfeng stated that in the field of AI Medical, attention should be given to directions related to high-quality data, scarce application scenarios, and multimodal integrated data; Silver Securities believes that the demand for green electricity is expected to see stronger catalysts in 2025.

cls.cnMar 6 19:12 ET

Amidst the significant decline in US stocks, the US Secretary of Commerce remains Bearish on short-term fluctuations, hinting that a surge will eventually be seen.

On Thursday, USA Secretary of Commerce Gina Raimondo downplayed the recent decline of the US stock market when asked about the issue caused by panic from trade conflicts and anticipated significant growth in the future. This week, both Trump and the USA Secretary of the Treasury commented on the sharp drop in the US stock market, stating that the current decline is still acceptable.

wallstreetcnMar 6 12:46 ET

US Morning News Call | OpenAI May Charge $20K/Month for PhD-Level Agents

Moomoo Breakfast USMar 6 07:04 ET