GuShiio.com ① Trump: Ukraine will participate in all peace negotiations with Russia;
② Trump signs an order to implement reciprocal tariffs or will implement them on April 2;
③ Apple is said to continue to cooperate with Baidu to develop AI functions for China iPhone users to spread risks;
④ Qiaoshui reduced its holdings of six technology giants in the fourth quarter and established a position in Tesla.
Overnight stock market
The world’s major indices were mixed on Thursday, with the three major U.S. stock indexes collectively closing up, with the S & P 500 index rising 1% and the Nasdaq index rising 1.5%.
Most European stocks rose, with Germany’s DAX30 index closing up 2.09%, hitting a record closing high for four consecutive days.
commodity market
WTI March crude oil futures closed down US$0.08, or 0.11%, at US$71.29/barrel. Brent April crude oil futures closed down US$0.16, or 0.21%, at US$75.02/barrel.
COMEX gold futures rose 0.99%, setting a new daily high to US$2,958.3 per ounce. COMEX silver futures rose 0.76% to US$33.035 per ounce.
market news
[Trump: Ukraine will participate in all peace talks with Russia]
On February 13 local time, U.S. President Trump said that Ukraine would participate in all peace negotiations with Russia.
Earlier on the 13th, Ukraine President Zelensky said that he would not accept “any bilateral peace negotiations without Ukraine participating.” European partners should also appear at the negotiating table as a party.
Russian Presidential Press Secretary Peskov also said earlier on the 13th that Russia regards the United States as its main opponent in the negotiations on the Ukraine issue. Peskov said that Ukraine will definitely participate in peace talks in some way, but there will be a separate bilateral negotiation mechanism between the United States and Russia.
[Trump signs an order to implement reciprocal tariffs or will be implemented on April 2]
On Thursday (February 13), U.S. President Trump signed a presidential memorandum proposing to implement reciprocal tariffs.
The reciprocal tariffs will be tailored to each trading partner based on five different aspects, including: the tariffs it imposes on U.S. products, unfair taxes, the costs its policies impose on U.S. businesses and consumers, exchange rates, and any other unfair trade practices determined by the Office of the U.S. Trade Representative.
U.S. Commerce Secretary nominee Lutnik predicts that the new tariffs will be implemented on April 2.
[U.S. President Trump signs an executive order to establish the “America Healthy Again” Commission]
The U.S. White House issued a statement on February 13 local time stating that U.S. President Trump signed an executive order on the same day to establish the “Make America Healthy Again” committee, or the “America Healthy Again” committee.
[Prosecutors general of 14 U.S. states filed a lawsuit questioning the authority of the Department of Government Efficiency]
Attorneys general from 14 U.S. states have filed lawsuits questioning Musk and his “Department of Government Efficiency”(DOGE)’s “broad powers” violate the U.S. Constitution.
Relevant litigation documents show that the state’s attorney general believes that the president cannot grant such huge powers to an unelected individual who has not been confirmed by the Senate.
According to the U.S. Constitution, generally speaking, any official considered important in the U.S. government needs to be confirmed by the U.S. Senate. The White House described Musk as the head of the “Department of Government Efficiency” and a “special government employee.”
The state’s attorney general said the court should bar Musk from issuing orders to any executive branch personnel other than the Department of Government Efficiency and declare his actions without legal effect.
[Lebanon rejects U.S. request to postpone Israel’s withdrawal]
Nabi Berry, Speaker of the National Assembly of Lebanon, said on the 13th local time that Lebanon clearly rejected the US request to allow Israel to evacuate from some villages in southern Lebanon on February 18 but still retain five strongholds.
[Fourth U.S. federal judge prevents Trump from abolishing “birthright citizenship”]
U.S. Federal Judge Leo Sorokin ruled to prevent U.S. President Trump’s previous executive order abolishing “birthright citizenship” from taking effect. This is the fourth federal judge to make a similar ruling.
Sorokin said the loss of “birthright citizenship” will have a ripple effect that affects the life of a child and his family.
[Qiaoshui reduced its holdings of six technology giants in the fourth quarter to build Tesla]
Bridgewater Fund’s updated fourth-quarter 13F position document shows that its total positions at the end of the fourth quarter were US$21.8 billion, an increase of US$4.1 billion from the third quarter. In terms of reducing holdings, it sold 1.25 million shares of Nvidia and 750,000 shares of Google A in the fourth quarter, and also reduced its holdings of Meta, Microsoft, Apple and Amazon. Among them, Apple reduced its position by the largest, reaching 40% or 410,000 shares; In terms of increasing holdings, Bridge Water bought a large amount of nearly 7.4 million shares of the S & P 500ETF-SPDR, an increase of 883%. It also increased its holdings of AMD, PayPal, eBay, Robinhoodl and Qualcomm. It is worth mentioning that Bridgewater also established a position in Tesla with 150,000 shares.
[Apple reportedly continues to cooperate with Baidu to develop AI functions for China iPhone users to spread risks]
According to media quoted sources, despite establishing a cooperative relationship with Alibaba, Apple continues to cooperate with Baidu to develop artificial intelligence (AI) functions for China iPhone users.
It is reported that Baidu is developing an AI search function that can process pictures and text, and is upgrading the Chinese version of Siri’s voice assistant. These functions are part of the “Apple Intelligence” suite.
[Hertz’s 2024 net loss expanded 38% year-on-year to US$479 million]
Hertz Global Holdings released its fourth quarter and full-year results for 2024. Revenue in the fourth quarter of 2024 was US$2.040 billion, a year-on-year decrease of 7%;GAAP net loss was US$479 million, a year-on-year increase of 38%. In 2024, revenue for the whole year was US$9.049 billion, compared with US$9.371 billion in the same period last year;GAAP net loss was US$2.862 billion, and net profit for the same period last year was US$616 million. Hertz said the plan to cut 30,000 electric vehicles announced in 2023 has been completed.
[Vietnam electric vehicle manufacturer VinFast delivered 97399 vehicles last year, exceeding expectations, aiming to at least double this year]
Vietnam electric vehicle manufacturer VinFast announced on February 13 that the global preliminary delivery volume in the fourth quarter of 2024 was 53139 vehicles, a month-on-month increase of 143% and a year-on-year increase of 342%; global delivery volume for the whole year of 2024 totaled 97399 vehicles, exceeding the revised delivery forecast of 80,000 vehicles.
VinFast said it aims to at least double global deliveries throughout the year.
