GuShiio.com 1. Trump’s chaotic tariff remarks hit market sentiment, and the Nasdaq Index and the S & P surged back and narrowly closed up;2. Chinese stocks returned to a high-spirited rise, and the Nasdaq China Golden Dragon Index rose 3.66%;3. NVIDIA released a solid financial report, and the market response was mild;4. Short-selling institutions joined forces to raid AI application leader AppLovin, and its share price fell more than 12%.
Cailian News, February 27 (Editor Shi Zhengcheng)Last night and this morning, under the impact of Trump’s chaotic tariff remarks, the confused and nervous U.S. stock market surged higher and fell back, and finally closed up slightly.
As of Wednesday’s close, the Standard & Poor’s 500 Index rose 0.01% to 5,956.06 points; the Nasdaq Composite Index rose 0.26% to 19,075.26 points; and the Dow Jones Industrial Average fell 0.43% to 43,433.12 points.
(Nasdaq Index Minute Chart, Source: TradingView)
During the first cabinet meeting for the current term on Wednesday,Trump once announced that Canada-Mexico tariffs will be implemented on April 2(The previous 30-day extension will expire next week), but was interrupted by Commerce Minister Lutnik, claiming that no decision had been made, andApril 2 will be the day when larger tariffs will come。Trump also said later that he wouldImpose a 25% tariff on European cars and other goods, but no further details were provided.
As Trump held a meeting, the mood in the U.S. stock market gradually turned gloomy. In the end, the S & P 500 index and the Nasdaq index, which had fallen for four consecutive trading days, only closed up slightly.
Shortly before the press release, Nvidia’s fiscal year 2025 fourth quarterly report,”the most important financial report in the universe”, had just been released. Against the background that revenue, profits, and performance guidance all exceeded expectations, and only profit margins were small and defective, the market gave a mild response to this.
Also based on the optimistic outlook for Nvidia’s performance, U.S. stocks, chips, nuclear power and other AI-related sectors performed well on Wednesday.
Derren Nathan, head of equity research at Hargreaves Lansdown, explained that the fourth quarter results exceeded expectations and the current quarter’s guidance was also above expectations,Nvidia alases concerns about its Blackwell chip production and threats about computing power needs。Nvidia was already surging on Wednesday on expectations for good results, so it may not be surprising that gross margin limits, which were slightly below expectations, rose further sharply in after-hours trading.
Performance of hot stocks
As of Wednesday’s close, U.S. stock super technology giants were mixed. Among them, Apple fell 2.7%, Microsoft rose 0.46%, Amazon rose 0.73%, Nvidia rose 3.67%, Google-A fell 1.53%, Tesla fell 3.96%, Meta rose 2.46%, Ultramicro Semiconductor rose 0.75%, Intel rose 2.31%.
China’s stock market continues to perform better than the broader market,The Nasdaq China Golden Dragon Index surged 3.66%.
As of the close, Alibaba rose 3.78%, Jingdong rose 6.14%, Baidu rose 0.16%, Dianduo rose 0.5%, Beilai fell 0.56%, NIO rose 10.54%, Netease rose 1.67%, Futu Holdings rose 9.01%, Ideal Car rose 10.3%, Xiaopeng Automobile rose 14.95%, and Yihang Intelligent rose 7.04%.
other messages
[Short-selling institutions join forces to raid AI application leader AppLovin]
Short-selling institutions Fuzzy Panda and Culper Research both released reports claiming that they believe that AppLovin, as an advertising intermediary platform, uses improper means such as “click inducement” and “click fraud” to increase advertising click rate and installation conversion rate. AppLovin is also accused of reverse-engineering Meta’s targeted advertising data through its advertising platform. So in addition to the possible actions of Apple, Google and Meta to clean up AppLovin, the company also faces the potential risk of being prosecuted and severely punished by federal law enforcement agencies.
Affected by this news, AppLovin once fell more than 20% during the session and finally closed down 12.22%.
AppLovin CEO Adam Foroughi later denied all of the allegations, criticizing the reports as being full of inaccuracies and false claims that the company’s revenue is based on value created, not just clicks or displays.
[Lilly plans to invest at least US$27 billion to build a factory]
U.S. pharmaceutical giant Lilly announced that it will invest at least US$27 billion to build four new production bases in the United States. Three of them will focus on the production of active pharmaceutical ingredients and further strengthening the supply chain, such as tierpositide, the active ingredient of weight-loss drug Zepbound and the diabetes treatment drug Mounjaro, while the fourth production site will focus on future injection therapies.
[BP cuts investment in renewable energy and increases investment in fossil fuels]
BP announced on Wednesday that it plans to increase annual oil and gas investment to $10 billion by 2027 as part of a basic strategic adjustment. During the same period, annual capital expenditures will also be reduced to between US$13 billion and US$15 billion, while aiming to divest US$20 billion by the end of 2027.
The company announced that investment in its transformation business will be “significantly reduced” in the next few years, with annual investment expected to be between $1.5 billion and $2 billion, more than $5 billion lower than previous guidance targets.
[General Motors raises quarterly dividend to launch a $6 billion share repurchase program]
General Motors (GM) announced a 25% increase in its quarterly dividend to 15 cents per share and launched a $6 billion share repurchase program. This dividend increase is expected to take effect when the next dividend is distributed. At the same time, the company plans to complete a $2 billion repurchase in the second quarter.
[Amazon releases AI version of Alexa+]
Amazon announced on Wednesday an “AI upgrade” of its voice assistant Alexa and launched the Alexa+ service, using the “most advanced AI models” of multiple software providers to provide users with AI voice question and answer and a certain degree of “AI proxy” services. Amazon is also charging Alexa separately for the first time, reaching $19.99 per month. Users can also access the service through a $15/month Amazon Prime membership.
