US stocks closed: 'Big Seven' all defeated, S&P and Nasdaq hit the largest decline in nearly two months.
1. PHLX Semiconductor Index fell more than 4%; 2. The China Concepts Stock Index dropped 1.3%; 3. Apple's Greater China revenue fell short of expectations; 4. Guo Mingchi: The possibility of super micro computer suspension or delisting is increasing.
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China's PMIs Show Glimmers of Improvement Ahead of NPC
US stocks closed: Nasdaq rose for the fourth consecutive time to a new high. The seven giants and chip stocks strengthened overall.
①Nasdaq China Golden Dragon Index fell by 1.44%; ②Google's quarterly revenue and EPS both exceeded expectations; ③Musk: It is expected that the number of robots will exceed humans by 2040; ④OpenAI reportedly plans to collaborate with Broadcom and Taiwan Semiconductor to jointly develop self-designed chips.
Communication Services Sector in Focus as Investors Gear up for Alphabet, Meta Earnings
Express News | China Plans to Approve Raising of Fresh 10 Trillion Yuan Debt via Special Treasury, Local Government Bonds in Next Few Years. China Might Announce Stronger Fiscal Package if Trump Wins U.S. Presidential Election.
