On Friday Eastern Time, the three major US stock indexes fluctuated, with the Dow Jones and S&P 500 reaching historic highs. As of the close, the Dow Jones rose 0.16%, the Nasdaq fell 0.28%, and the S&P 500 index rose 0.03%. Most large technology stocks fell, with Nvidia rising 0.36% and its stock price reaching a historic high, with a market value exceeding $2 trillion at one point; Microelectronics fell nearly 12%, followed by Tesla, AMD, Gexin, and Asma.
Most popular Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index rising 0.66% and a cumulative increase of 1.70% this week. NIO fell more than 7%, Xiaopeng Motors fell more than 5%, iQiyi fell more than 3%, Pinduoduo and Bilibili fell more than 2%, Tencent Music, Ideal Automobile, JD.com, Alibaba, NetEase, and Manbang slightly declined. Vipshop rose by over 1%, while Baidu and Futu Holdings saw a slight increase.
Global News

The US Department of Justice appoints the first Chief Artificial Intelligence Officer
On February 22, the US Department of Justice announced that Attorney General Merrick Garland has appointed Jonathan Mayer as the department's first Chief Scientific and Technological Advisor and Chief Artificial Intelligence Officer.
Saudi Arabia has made a grand wish: We are neither short of money nor oil to build a global AI center!
On Thursday, the head of Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), stated that Saudi Arabia will leverage its energy resources and financial advantages to become a global artificial intelligence center outside of the United States.
Hawaii plans to levy a climate tax of 180 yuan on tourists
According to US media reports, the state of Hawaii is preparing to approve a climate tax of $25 per visitor, equivalent to approximately RMB 180, to compensate for the encroachment on the natural resources of the region. Hawaii received 9.5 million tourists in 2023, and after this measure is implemented, it is expected to bring an additional $68 million in annual taxes to the state. The state stated that the revenue will be used to establish fire brigades, manage beaches, and prevent disasters such as wildfires.
Why is the UK's announcement of withdrawal from the Energy Charter increasingly unpopular with Europe?
It is believed that the Russia-Ukraine conflict that broke out at the end of February 2022 is one of the important reasons for interrupting the EU reform treaty plan. Since the outbreak of the Russia-Ukraine conflict, the EU countries have promoted the "decoupling" of Russian energy. There is little political mutual trust left between the two sides, and the impetus to maintain this treaty has been further reduced.
The end of the seller's market? Can the traditional spring home buying season in the United States heat up
Kashif Ansari, co-founder and CEO of Juwai IQI Group, a global real estate technology company headquartered in Kuala Lumpur, told First Financial reporters that the US real estate market is now in the final stages of a seller's market. The market believes that the first rate cut by the Federal Reserve will be at least after April, and this year's "little spring" in the US housing market will be delayed.
Will India stop buying Russian discounted crude oil after two years of explosive buying?
In January 2024, India's import of crude oil from Russia dropped to its lowest level in a year, a 35% decrease from its peak period in 2023. India has always been sensitive to prices, and Indian Oil and Gas Minister Pri said, "We must supply energy at the lowest price (to the domestic market)." In addition to price factors, there has also been a dispute between India and Russia over payment currencies. India wants to pay in Indian rupees, while Russia believes that receiving a large amount of rupees is of little use and hopes to pay in currencies such as the Chinese yuan, which has been resisted by India.
Company News
Tesla recalls some imported Model S, Model X, and domestically produced Model 3 electric vehicles
On February 23rd, according to the website of the State Administration for Market Regulation, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. recently filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the Regulations on the Management of Defective Automotive Product Recalls and the Implementation Measures of the Regulations on the Management of Defective Automotive Product Recalls. Starting from today, a total of 1071 imported Model S and Model X electric vehicles with production dates between January 27, 2023 and January 7, 2024 will be recalled; A total of 7629 domestically produced Model 3 electric vehicles were produced between September 12, 2023 and January 12, 2024.
Why does the EU always want to "regulate" American tech giants in order to impose a penalty of 500 million euros on Apple
According to reports, the EU plans to impose a fine of 500 million euros (approximately 3.9 billion yuan) on Apple on suspicion of violating EU competition regulations. If the fact is true, this will be the first time the EU has imposed a fine on Apple for violating antitrust regulations.
Hot search! New Oriental's "Homecoming Plan" for 2024
On February 23rd, the news of New Oriental's "Homecoming Plan" surged on the hot search. The China Securities Journal · China Securities Taurus reporter found that the news came from a message released on February 19 on the WeChat official account of "Xi'an New Oriental Recruitment". According to the document, Xi'an New Oriental released a homing plan for the crowd of former employees of New Oriental. In addition to teaching positions such as quality and literacy, middle and high schools, and smart learning machines, the recruitment positions also include positions such as cultural and tourism anchor, cultural and tourism live streaming operation, cultural and tourism consultant, cultural and tourism short video operation, and video director.
Water can capsize a boat, it can also carry a boat! Google CEO: AI can assist in defending against cybersecurity threats
Recently, Google CEO Sandal Pichai stated that although with the rapid development of artificial intelligence, more and more people are concerned that hackers may use artificial intelligence tools to strengthen cybersecurity attacks, in turn, artificial intelligence can also become a weapon in the hands of defenders, helping to strengthen their ability to resist cybersecurity attacks.
Nike Further Expands Yoga Market
On February 22, 2024, sports giant Nike officially launched its new Zenvy series. This series focuses on soft technology, launching sports products including sports underwear and leggings, and adding clothing products such as tops, aiming to compete with the brand's business goals in the women's and yoga markets.