On Monday, May 13, local time, the three major U.S. stock indexes closed mixed, with most of the popular Chinese concept stocks rising, and the Nasdaq China Golden Dragon Index rising nearly 4%.
On May 13, local time, the 13F U.S. stock position documents submitted by Alibaba showed that in the first quarter of 2024, Alibaba liquidated 10 million shares of Bilibili and 8.43 million shares of Zhiwen Group, and opened a position in Zhihu to buy more than 1.7 million shares. Maintain the position of Xpeng Motors. By the end of the first quarter, Alibaba's total U.S. stock holdings fell from $421 million to $154 million.
The Dow ended its eight-day winning streak and Chinese assets rose sharply
On Monday local time, the three major U.S. stock indexes were mixed, with the Dow and S&P falling slightly. Wind data shows that as of the close, the Dow fell 0.21% to 39,431.51 points, the S&P 500 index fell 0.02% to 5,221.42 points, and the Nasdaq rose 0.29% to 16,388.24 points. The Dow ended its eight-game winning streak. This week, the market will focus on the Producer Price Index (PPI) and Consumer Price Index (CPI) for April to further judge the Fed's monetary policy outlook.
Big tech stocks in the U.S. were mixed, with Apple up 1.76%, Amazon down 0.49%, Netflix up 0.94%, Google up 0.29%, Meta down 1.72%, and Microsoft down 0.25%.
Chinese assets surged on Monday. Most of the popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising 3.7%.
Among individual stocks, Oceanpower Securities rose 31.08%, Uxin rose 25.59%, 1Yaowang rose 14.57%, Baozun E-commerce rose 12.77%, Bilibili rose 12.37%, Kingsoft Cloud rose 11.46%, Tencent Music rose 11.02%, Alibaba rose 5.68%, JD.com rose 4.91%, and Pinduoduo rose 3.12%. New energy vehicle stocks rose collectively, with NIO up 6.61%, Xpeng Motors up 4.72%, and Li Auto up 1.16%.
In terms of commodities, Wind data showed that international oil prices rose collectively on Monday, with the U.S. oil June contract up 1.2% to $79.2 per barrel and the July oil contract up 0.77% to $83.43 per barrel.
COMEX gold futures closed down 1.38% at $2,342.3 an ounce, and COMEX silver futures closed down 0.28% at $28.425 an ounce.
This week, the US will release the closely watched PPI and CPI reports. Investors will further judge the Fed's monetary policy outlook based on the report.
"Retail huddle stocks" are making a comeback
On May 13, local time, Game Station (GME) ushered in a long-awaited surge. Due to large fluctuations, circuit breakers were triggered many times during the session, and the stock price once rose by more than 110%.
On the news side, Roaring Kitty (username Roaring Kitty), the "leading big brother" of American retail investors who promoted retail investors to "war" Wall Street and speculated on the stock price of Game Station in 2021, has returned to the X platform after three years. It stopped updating on platform X three years ago, and posted on the 13th hinting at its return.
Roaring Kitty pushed for a retail "war" on Wall Street in 2021. Through continuous posting of orders and commenting on predictions, it promoted the enthusiasm of retail investors for the game station, attracted a large amount of funds to flow into the game station, and finally defeated the hedge fund that was short-selling.
As of the close of trading on May 13, Game Station (GME) closed up 74.52%, the largest one-day increase since February 2021.
Boosted by the game station, retail investors held together concept stocks collectively higher. As of the close, AMC Cinemas closed up 78.35%, also the largest one-day increase since 2021; Upstart rose about 8%; Reddit, a "retail concentration camp" and a U.S. social media company, rose more than 8.7%.
OpenAI推出新旗舰模型GPT-4o
On Monday local time, OpenAI launched a faster and cheaper artificial intelligence model, GPT-4o, to support its chatbot ChatGPT. The startup is struggling to stay ahead of the curve in an increasingly crowded market. GPT-4o is an updated version of the GPT-4 model, which has been around for more than a year. The model is trained on a large amount of data from the internet, is better at processing text and audio, and supports 50 languages. The new model will be available to all users, not paying users.
Sam Altman, CEO of OpenAI, said in a blog post that AI's reach for human-level response times and expressiveness proves to be a big change, and this new thing is completely different in feeling. It's fast, smart, fun, natural, and helpful.
In addition, Apple computer users will be greeted with a ChatGPT desktop app designed for macOS, where users can "shoot" the desktop and ask ChatGPT questions with shortcuts, and OpenAI says the Windows version will be available later this year.
(The picture in the article comes from Wind)
Reviewer: Wang Chao Editor: Zhang Nan Wang Yin Proofreader: Zhang Diange Issued: Sun Hong