GuShiio.com ① Alibaba’s U.S. stocks rose nearly 11% on trading, with revenue growing at the fastest pace in more than a year;
② Bili Bili US stocks rose more than 11% before the market, and the company’s revenue in the fourth quarter of 2024 was 7.73 billion yuan;
③ Wal-Mart’s U.S. stocks fell nearly 9% before the market because annual profit expectations fell short of expectations.
Cailian News, February 20 (Editor Xia Junxiong)Before the market on Thursday, futures of the three major U.S. stocks fell collectively, while most major European indices rose.
(Source: YingweiCaijing)
On the last trading day, the three major U.S. stock indexes collectively closed higher, and the S & P 500 index closed at its third all-time high in 2025.
Investors digested the Federal Reserve’s January interest rate meeting minutes released on Wednesday. The minutes of the meeting showed that Fed officials agreed that inflation needed to fall further before interest rates would be cut again.
Elyse Ausenbaugh, head of investment strategy for wealth management at JPMorgan Chase, said on Wednesday that she expects U.S. stocks to continue to rise and total returns to rise again in high single-digit highs.
Ausenbaugh said: “We believe 2025 will be a year where investors will have the opportunity to continue. We believe that there is more room for growth in this round of market rebound.”
The price of gold hit a new high, and the spot gold price stood at the US$2950/ounce mark in the day.
Alibaba’s U.S. stocks rose nearly 11% in trading. The company’s revenue growth rate reached its fastest pace in more than a year, and its cloud business performed well.
Beilibili US stocks rose more than 11% before the market. The company’s revenue for the fourth quarter of 2024 was 7.73 billion yuan, higher than expectations; gross profit increased by 68% year-on-year, achieving comprehensive profit.
Wal-Mart’s U.S. stocks fell nearly 9% before the market because annual profit expectations fell short of expectations.
company news
[Tesla is reported to be preparing to enter the Indian market and will ship thousands of cars to ports near Mumbai]
Tesla will prepare to enter the Indian market by shipping thousands of cars to a port near Mumbai in the coming months, according to people familiar with the matter. The U.S. carmaker plans to start selling the cars in the three major cities of Mumbai, Delhi and Bangalore around the third quarter of this year. People familiar with the matter said Tesla has factories in the United States, China and Germany, and which models it brings to India and where it comes from depends on the progress of tariff negotiations between India and the United States and whether the effective 110% import tariff currently applicable to its cars will be reduced.
[Musk’s xAI announced that Grok 3 will be available for free “until the server crashes”]
On February 20, Beijing time, Musk’s artificial intelligence company xAI announced that the Grok 3 model is now open for free use (until the server crashed). Users who subscribe to X Premium+ and SuperGrok services will not only have priority to experience advanced functions such as voice mode, but will also receive in-depth access to Grok 3.
The Grok app topped the list of free apps in the U.S. App Store on the 20th, surpassing OpenAI’s ChatGPT app.
[Wal-Mart’s 2026 adjusted earnings per share guidance is lower than market expectations]
Wal-Mart expects adjusted earnings per share in 2026 of $2.50 to $2.60, with the market forecast of $2.77. Adjusted earnings per share for the first quarter are expected to be US$0.57 to US$0.58, with the market forecast of US$0.65.
[Alibaba’s fiscal third-quarter revenue was 280.15 billion yuan, higher than expectations]
Alibaba announced its third-quarter results as of the end of 2024 on February 20. Third-quarter revenue was 280.15 billion yuan, a year-on-year increase of 8%, and an estimated 277.37 billion yuan; Adjusted revenue per ADS for the third quarter was 21.39 yuan, estimated at 19.12 yuan; Adjusted net profit for the third quarter was 51.07 billion yuan, a year-on-year increase of 6%, estimated at 45.53 billion yuan. Alibaba bought back a total of 119 million ordinary shares (equivalent to 15 million American depositary shares) in the third quarter of fiscal 2025 at a total price of US$1.3 billion. As of December 31, 2024, Alibaba still has US$20.7 billion in repurchase quotas under the share repurchase plan authorized by the board of directors, valid until March 2027.
[Ali is about to launch a deep reasoning model based on Qwen2.5-MAX]
Alibaba Group CEO Wu Yongming said at the earnings conference that Alibaba will soon release an in-depth reasoning model based on Qianwen Qwen2.5-MAX. At the end of January, Ali released Qwen2.5-Max, the flagship version of the basic AI model Qianwen, which is at the leading level in the industry in many authoritative benchmark evaluations. At present, Qwen’s global derivative models have exceeded 90,000, ranking first in the world.
[Beili Beili: Net income in 2024 will be 26.83 billion yuan, a year-on-year increase of 19%]
Bilibili announced on February 20 that the total net income for the fourth quarter of 2024 was 7.73 billion yuan (US$1.0596 billion), compared with 26.83 billion yuan (US$3.6759 billion) in 2024, a year-on-year increase of 22% and 19% respectively. Adjusted net income for the fourth quarter was 452 million yuan ($61.9 million), compared with an adjusted net loss of 555.8 million yuan in the same period last year. In 2024, the adjusted net loss was 39 million yuan (US$5.3 million), a year-on-year decrease of 99%.
[Toyota Motor launches a new hydrogen fuel cell system that can increase cruising range by 20%]
Toyota Motor unveiled its new hydrogen fuel cell (FC) system for the first time at the Tokyo exhibition on February 19, which can increase cruising range by 20%. In addition to passenger cars, the system can be extended to commercial vehicles such as large trucks. Toyota plans to launch it in Japan, Europe, North America, China and other markets starting in 2026.
Events worthy of attention during the U.S. stock market period (Beijing time)
on February 20
21:30 US February Philadelphia Fed Manufacturing Index
22:35 2025 FOMC Vote Committee and Chicago Fed Chairman Goolsbee delivered a speech
on February 21
01:05 Musalem, Chairman of the 2025 FOMC Vote Committee and St. Louis Fed, delivered a speech at the Economic Club of New York
