On Thursday Eastern Time, the three major US stock indexes opened high and rose. As of the close, the Dow Jones Industrial Average rose 0.97%, reaching a new closing high, the Nasdaq rose 1.30%, and the S&P 500 index rose 1.25%. Most large technology stocks rose, with Nvidia and Asma rising more than 2%, both hitting new closing highs. Amazon rose more than 2.60%, while Microsoft, Meta, Apple, AMD, Google, and Tesla followed suit. Qualcomm fell more than 5%.
Most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising by over 1%, Ideal Automobile rising by over 5%, NetEase and Bilibili rising by over 3%, and Xiaopeng Automobile and NIO following suit; Hesai fell more than 30% in response to the US Department of Defense's list of military related enterprises: all products are civilian and do not have a substantial impact on the business.
Global News

The slowdown in core inflation in the Eurozone is less than expected, and the European Bank may continue to hold a cautious attitude towards interest rate cuts
On Thursday (February 1st) local time, preliminary data released by the Eurostat showed that the inflation rate in the eurozone had decreased as expected, but the lower than expected decrease in core inflation rate may continue to make the European Central Bank cautious about interest rate cuts.
Survey on the Rapid Popularization of AI in Europe: Nearly 40% of European companies adopted artificial intelligence last year
With the surge in the use of generative artificial intelligence, over one-third of European companies have adopted it in 2023. A report commissioned by Amazon Web Services (AWS) first provided this data. The report used a survey by Strand Partners, which found that in 2023, 38% of European companies were experimenting with artificial intelligence, exceeding one-third, based on a survey of over 16000 citizens and 14000 businesses.
"India Alipay" share price collapsed! Most of the company's business has been suspended by the central bank
The stock price of One97 Communications, the parent company of Indian digital payment service provider Paytm, plummeted by 20% on Thursday as the country's central bank ordered Paytm to cease most of its operations, citing ongoing violations and regulatory issues, which has raised concerns about the company's profitability and reputation.
91 billion US dollars in default debt is coming! Moody's: US corporate default rate doubles in 2023
In 2023, the default rate of non-financial enterprises in the United States has nearly doubled compared to the previous year, and Moody's Analytics predicts that this trend will continue in the new year. According to a statement released by the rating agency on Wednesday (January 31), the number of defaults has jumped from 31 in 2022 to 92 in 2023, almost doubling; The default rate of enterprises has reached 5.6%, the highest level since 2020. In the fourth quarter of 2023, the default rate of enterprises reached 20.
Company News
BYD: Sales of new energy vehicles increased by 33.14% year-on-year in January
BYD Hong Kong Stock Exchange announced that the sales of new energy vehicles in January were 201493 units, a year-on-year increase of 33.14%.
"Blood washing" Yao Ming series trading details: 30 times the explosive volume of securities transfer and lending, large Mo seats, precise band, BlackRock sold in the past three days
In the recent downward trend of listed companies in the pharmaceutical industry, the number of A-shares converted from securities lending to securities lending by WuXi AppTec has surged month on month. According to statistics, on January 29th, WuXi AppTec's A-share market converted to securities lending and financed nearly 630000 shares, which not only increased by 30 times compared to the explosive amount of less than 20000 shares sold on the 25th, but also exceeded the actual sales volume of securities lending and financed on that day (about 520000 shares).
Apple's first quarter revenue exceeded expectations, but Greater China revenue was lower than expected
Apple's first quarter revenue was $119.58 billion, with analysts expecting $117.97 billion; In the first quarter, iPhone revenue was $69.7 billion, with analysts expecting $68.55 billion; The revenue of Greater China in the first quarter was 20.82 billion US dollars, with analysts expecting 23.5 billion US dollars; The first quarter service revenue was 23.12 billion US dollars, with analysts expecting 23.37 billion US dollars; Earnings per share for the first quarter were $2.18, with analyst expectations of $2.11; In the first quarter, Mac revenue was $7.78 billion, with analysts expecting $7.9 billion; In the first quarter, iPad revenue was $7.02 billion, with analysts expecting $7.06 billion; In the first quarter, wearable devices, home furnishings, and accessories revenue was $11.95 billion, with analysts expecting $12.02 billion.
Accelerate layout in the United States! SK Hynix is considering building an advanced packaging plant in Indiana
According to media reports on Thursday (February 1st), South Korean chip manufacturing giant SK Hynix has chosen to establish an advanced packaging factory in Indiana, USA.