On Monday Eastern Time, the three major US stock indexes collectively closed lower. As of the close, the Dow Jones Industrial Average fell 0.16%, the Nasdaq fell 0.13%, and the S&P 500 index fell 0.38%. Popular technology stocks have fluctuated, with Arm up over 9%, Tesla up over 3%, and Google down over 4%.
Most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising 0.74%. Ideal Automobile rose over 18%, with Q4 revenue of 41.73 billion yuan and adjusted net profit attributable to shareholders of 4.49 billion yuan, both exceeding market expectations. The company achieved annual profits for the first time. Xiaopeng Motors rose over 7%, while NIO rose over 4%. NetEase fell more than 1%, while Pinduoduo, JD.com, Baidu, and iQiyi saw a slight decline.
Global News

The decisive moment for US inflation: Will the Federal Reserve's most important indicator once again suppress expectations of interest rate cuts?
Following the release of higher than expected January CPI and PPI data in the United States, the Federal Reserve's most favored inflation indicator, January Personal Consumer Expenditure (PCE) data, is set to be released this Thursday.
The Nikkei continues to hit 40000 points without stopping? Goldman Sachs lists these seven stocks as the "Seven Samurai" of Japanese stocks
With further influx of overseas investors into the Japanese market, driving the Nikkei 225 index to break a 34 year high record last week, it seems that there is still hope for further improvement at the moment
"Han Te Gu" is really here! Copying Japanese homework: South Korean regulatory agency releases a "big trick"
South Korean regulatory authorities announced further details of their plan to promote improved management and corporate governance of listed companies on Monday (February 26). In multiple fields, South Korea will learn from Japan's approach to address the issue of undervalued local stocks compared to other Asian markets.
Company News
"Wooden Sister" Unintended: Reducing TSMC Holdings for the First Time in Two Years and Reducing NVIDIA Related Exposures
Cathy Wood, a well-known Wall Street fund manager, sold TSMC stocks for the first time in over two years. TSMC, as a major partner of NVIDIA, Wood's move aims to further reduce its exposure to NVIDIA.
Tesla's Mexico factory has not been built yet. The local government requires it to start construction no later than March
According to local media reports, Governor Samuel Garcia of the state of Nuevo Leon in Mexico stated last Saturday that he has urged Tesla to start building factories in Mexico as soon as possible, with construction starting no later than March. Tesla currently has four complete vehicle factories located in Shanghai, China, Berlin, Germany, Austin, Texas, and Fremont, California. Last March, Tesla announced the establishment of an automotive factory in the state of Nuevo Leon, Mexico, but construction has yet to begin.
Will Google Gemini overtake on a bend next year or in the Android mobile artificial intelligence competition?
The artificial intelligence model Gemini developed by Google is constantly launching attacks on OpenAI's GPT. According to Google, this model is expected to be embedded in Android phones next year.
Will Apple Vision Pro face a fierce rival? Meta reportedly plans to collaborate with LG to develop Quest Pro 2
There are reports that Meta is planning to collaborate with South Korean technology giant LG Electronics to develop the next generation Quest Pro, which will be released as early as the first half of next year. The partnership between the two companies has not been officially disclosed. However, it can be confirmed that LG Electronics officially announced last month that it plans to release an Extended Reality (XR) device as early as next year, although it has not disclosed the names of its partners, most market participants expect it to be Meta.
The "Crazy Year of Robotics" kicked off: NVIDIA and Tesla unveiled basic models of big action robots, and is universal embodied intelligence just around the corner?
In just three days, major events have occurred in the field of robotics, especially humanoid robots. "The basic model of robots may soon appear and is expected to be released some time next year. From then on, something very surprising will happen in 5 years." This is a prediction given by Nvidia CEO Huang Renxun in a recent interview.