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Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.
China has taken the lead! Wall Street strategists: the next "Trump trade" may be outside of the USA.
①When looking to the future, Jay Pelosky, the founder and global strategist of the New York investment consulting firm TPW Advisory, has insights that differ from many mainstream market views; ②He believes that Trump's victory might ultimately serve as an important catalyst - driving the usa market to end its long-standing excellent performance.
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nvidia brings a new AI model that "disrupts" the audio industry: it can create music and modify vocals.
nvidia has developed a new AI model Fugatto, which can create sound effects, change pronunciation, and generate music with natural language prompts. Fugatto can synthesize speech, add sound effects to music, and is considered as a complement to video and image generation models.
Trump Pledges Tariffs on Mexico, Canada and China
usa equity index futures erase gains and fall, dragged down by Trump's remarks on imposing tariffs.
USA equity index futures erased early gains and fell, USA President-elect Donald Trump stated that he will impose a 25% tariff on all commodities from Canada and Mexico. S&P 500 index futures fell by 0.3%, while Nasdaq 100 index contracts dropped by nearly 0.4%; earlier in the session, both had risen by at least 0.2%.
Wall Street Rises As Small-Cap Index Hits Record High On Treasury Nomination
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AstraZeneca Reports Positive Phase 3 Results for Truqap in Prostate Cancer
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
Meta Heads To Trial Over Instagram, WhatsApp Acquisitions
Amazon Web Services Awarded $158M U.S. Army Contract
Will challenge Trump and Musk's 'gun lying'? California's electric vehicle subsidy program will exclude Tesla.
California plans to provide state subsidies to local electric auto buyers if Trump cancels federal government subsidies after taking office next year, but the subsidies will exclude Tesla's popular electric auto models to create market conditions for more auto manufacturers to establish a presence.
Peacock Pays Up: Macy's Thanksgiving Parade Costs Set To Balloon For Content-Hungry NBC
No Rebate for You! California's Newsom Excludes Tesla From ZEV Credit
Amazon's $8 Billion Investment In AI Developer Anthropic 'Mutually Beneficial,' Says Analyst