After a volatile week, Goldman Sachs reevaluates AI stocks: high-quality companies are very attractive.
Goldman Sachs pointed out that even though the market is tired of AI concept stocks, high-quality AI stocks are still attractive as these companies have strong technical foundations, market positions, or growth potential in the AI field. In addition, Nvidia's financial report, which will be released at the end of this month, may have a major impact on the entire AI market.
About 73% of the S&P 500 Names Beat on EPS During the Week - Earnings Scorecard
Consumer Insights | Starbucks "anti-internal circulation": How the coffee industry is crossing the long winter.
The long price war may be approaching an important turning point.
Piper Lists Eight Defensive Biotechs to Face Market Volatility
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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.
XPeng Joins NIO And Li Auto In Strategic Shift - Reportedly Overhauls Structure To Boost AI Focus
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
ASE Technology Holding Reported July Net Revenue Growth Of 6.7% YoY
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.
Moomoo Malaysia Enhances Global Market Access with Singapore Exchange (SGX) Trading
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.