The Nasdaq fell 1.63%, popular Chinese concept stocks fell, and Bilibili fell more than 11%

Financial world news on January 30, among the three major indexes of U.S. stocks, the Dow Jones index fell 0.17%, the S&P 500 index fell 0.77%, and the Nasdaq index fell 1.63%.

Tesla fell more than 4%, Apple fell more than 1%, Amazon fell nearly 3%, Google fell nearly 3%, and Microsoft fell more than 2%.

Popular Chinese concept stocks generally fell, with Station B falling by more than 11%, Pinduoduo falling by more than 7%, Xiaopeng falling by more than 7%, NIO falling by more than 6%, Ideal falling by more than 3%, Shell falling by more than 2%, JD.com falling by more than 5%, and Ali falling by more than 5%.

Chief strategist of Damo: The Fed's stance will not be more dovish, and the bear market in US stocks is not over

Michael Wilson, chief strategist at Morgan Stanley, warned that the Fed's interest rate decision this week may disappoint investors. Wilson and his team wrote in a note that the recent upturn in stock prices has begun to get many investors actively engaged. However, the team of Damo strategists believes that the bear market is not over. Wilson said the Fed would not be willing to shift to a more dovish stance, "which we think should lead to the final wave of declines in this bear market in the short term." ”

Goldman Sachs: The rally in U.S. stocks will continue until mid-February

As inflation continued to slow and U.S. stocks began the year with a strong rebound, bears suffered heavy losses and bearish sentiment hit the market. Goldman Sachs sales and trading analyst Scott Rubner, who has accurately predicted the direction of the market over the past month, noted in his latest report on Monday that the current rally is likely to continue into mid-February due to the "return of share buybacks" and "when stocks do not fall due to bad news."

Standard Chartered Bank: The market is too optimistic about the "Goldilock" market

Eric Robertson, head of global research and chief strategist at Standard Chartered, reported on Sunday that investors are wishful bets that central banks will drive a soft landing for the economy and push up risky asset prices, from the stock market to the corporate credit market. He believes that this year's rally will be paused. "The recovery of risk assets appears to hinge on a fragile balancing act, where growth and inflation are weak enough to prevent the FOMC from raising rates, but not to the point of sounding the alarm for growth and profits," Robertson said. Market expectations for the 'Goldilock' market are too optimistic. ”

Bears beaten to the ground and fled? A new wave of short rolling is gaining momentum on Wall Street

The US market is making a comeback at the start of 2023, but this is very bad news for one group: short sellers. Short sellers profit from falling share prices by borrowing and selling shares of companies they believe are overvalued, and then buying them back at a lower price. This bearish strategy made huge gains in 2022. However, their fortunes took a major turn in January, and some stocks that were hit hard in 2022 also jumped. Analysts said the phenomenon could force short sellers to close their positions to stop losses and accelerate the wave of short rolls.

Consumption continues to stall? The end of additional food subsidies in the United States has affected tens of millions of Americans

At the beginning of 2023, the sluggish consumption in the United States will be hit hard, and the decline in inflation will add "new impetus". Today, food prices remain high, and temporary additional funding for the Supplemental Nutrition Assistance Program for the poor, covering about 1/8 of the U.S. population, has ended. More and more Americans are forced to reduce the amount of food they buy in supermarkets, and many even have to rely on free food from food banks to survive.

Wall Street fund managers called for Tesla to initiate tens of billions of dollars in stock buybacks

Tesla investor and managing partner of Future Fund Gary Black reiterated his call that Tesla should start buying back shares. Tesla's stock price has rebounded significantly from its intraday low of $101.81 in early January. On Friday, Tesla closed at $177.9 per share, up 11%, and more than 44% in the month.

Apple's supply chain diversification goes further: India is expected to produce Airpods parts

According to foreign media reports, Apple's main supplier, American technology giant Jabil Technology, has begun to produce parts for AirPods in India, marking another important step for Apple in promoting supply chain diversification.

Lucid is rumored to be acquired by Saudi sovereign funds

U.S. electric car maker Lucid Group pulled up premarket. Saudi Arabia's sovereign wealth fund PIF may acquire a stake in Lucid that it does not already hold. PIF currently holds a 65% stake in the company. The company produced more than 7,100 vehicles last year. As of the end of September last year, the company had a net loss of $530 million in the first three quarters of last year.

Toyota sold 10.5 million vehicles in 2022, once again defending the global "sales king"

Toyota Motor said Monday that the automaker sold 10.5 million vehicles in 2022, earning the title of the world's best-selling automaker for the third consecutive year. Market research agency S&;;;;; P Global Mobility forecasts that Toyota will continue to extend its lead over Volkswagen in 2023, with light vehicle sales expected to reach 10.4 million units, compared with Volkswagen sales of 7.99 million units.

Go all out on electric cars! Volkswagen executives: Expect to reap great rewards from 2026 onwards

Volkswagen CFO Arno Antlitz said in an interview with the media that by 2026, Volkswagen will "almost not" make any further investments in traditional internal combustion engine technology. By then, he said, the difficulty of investing in both electric and fuel vehicles will subside, and Volkswagen hopes to reap handsome returns from the electric vehicle business in the future.

Nissan and Renault reach restructuring agreement, Renault's stake in Nissan will be reduced to 15%

Nissan Motor announced on Monday (Jan. 30) that after months of constructive discussions with Renault Motors, the two sides have reached a restructuring agreement to reshape the 20-year alliance between the two companies, which will then be reviewed and formally decided by the board meeting. It is reported that Nissan and Renault Group will retain 15% cross-shareholding, and Renault agreed to reduce its shareholding in Nissan from 43% to 15%, and the capital relationship between the two parties will be more equal in the future.

Lay off another 6,000 people! Philips plans to complete the restructuring within two years, with an operating loss of more than 1.5 billion euros last year

Dutch healthtech giant Philips said on Monday it would lay off 6,000 jobs by 2025 to help the company return to profitability. This year, the cut is expected to be halved, with the other half in 2025. Philips expects margins to return to a low-growth path in 2025, as measured by earnings before interest, taxes and amortization (EBITA), following new layoffs, and a significant improvement in comparable sales and margins one year later.

Major adjustment of JD.com's international business: closing stations in Thailand and Indonesia and developing warehousing and logistics

JD.com's international operations have reportedly undergone major adjustments. Recently, it was reported that JD.com will close its Thailand and Indonesia stations. On January 30, JD.com responded that while shrinking its local e-commerce business in Southeast Asia, it has also continued to increase its logistics and warehousing layout in Southeast Asia, Europe and North America in recent times, including 20 smart logistics parks in Indonesia alone.

Baidu is reported to have launched an AI chatbot service similar to ChatGPT in March this year

Baidu is planning to launch an AI chatbot service similar to OpenAI's ChatGPT in March this year, with the initial version to be embedded in its search service, according to sources quoted in the media. This tool will allow users to get conversational search results, but the name has not yet been determined.