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Chinese electric cars are accelerating their presence in Singapore. Institutions predict that electric car sales in Singapore will increase by more than 70% this year.
The Singaporean government has introduced a series of stimulus policies and vigorously constructed charging stations, attracting more and more Chinese electric vehicle brands to enter Singapore. Recently, Xpeng and YiKe have landed.
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Alibaba Cloud has discovered the AI "traffic password".
“Conspiracy.”
Legend Biotech GAAP EPS of -$0.05 Beats by $0.21, Revenue of $186.52M Beats by $60.41M
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Demand continues to be strong! Taiwan Semiconductor's sales in July increased by 44.7% year-on-year.
Thanks to the strong demand for AI and expected price increases, Taiwan Semiconductor's sales in July increased to NT$256.95 billion. Morgan Stanley has listed Taiwan Semiconductor as its preferred stock, stating that its valuation is more attractive after recent sell-offs.
Aliyun wants to use AI to disrupt the domain industry.
First domain AI big model application.
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S&P rises over 2%, the best in nearly two years, with chip stocks up about 7%, Nasdaq and Chinese stocks up 2.8%, and US Treasury yields and the yen falling for three consecutive days.
The latest employment data alleviates concerns over the US economy, and US stocks rose more than 1.7%. Nvidia's stock rose more than 6%, and Tesla, Alibaba, PDD Holdings, and Tencent ADR rose more than 3%. Bullish on weight loss drug reports, Eli Lilly and Co's stock rose more than 13%, and Novo-Nordisk A/S's US stock rose nearly 8%. The 10-year US Treasury yield rose above 4%, and short-term bond yields rose by 10 basis points. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currency had a big increase.
Here Is the Next Potential Market Catalyst
Emerging markets stock market continues to suffer from bleeding, Vanguard etf has experienced the longest withdrawal since the outbreak.
As of this Wednesday, the largest investment in individual stocks, Taiwan Semiconductor, has seen continuous net outflows of funds for 10 trading days for the Vanguard Emerging Markets ETF (VWO), with investors withdrawing a total of 2.12 billion US dollars. However, analysts have been raising profit expectations for MSCI Emerging Markets Index component stocks for nine consecutive weeks.
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