GuShiio.com 1. The Standard & Poor’s and the Nasdaq index fell hand in hand for four consecutive days. Technology giants were depressed, and Tesla fell 8.39%; 2. Alibaba waved the AI flag, and China’s stocks collectively strengthened, and Ideal Cars rose 13.2%; 3. Cisco, Nvidia joined forces to provide cross-platform AI solutions; 4. Lilly lowered the price of small bottles of diet pills.
Cailian News, February 26 (Editor Shi Zhengcheng)Last night and this morning, faced with poor consumer confidence data and Nvidia’s earnings report looming, U.S. stocks, which were in a fragile state on both technical and psychological levels, repeated Monday’s trend, and technology giants once again took the lead in the decline. Chinese stocks rose across the board, inspired by Alibaba’s release of the reasoning model QwQ and the open source Wanxiang video generation model.
As of Tuesday’s close, the Standard & Poor’s 500 Index fell 0.47% to 5,955.25 points; the Nasdaq Composite Index fell 1.35% to 19,026.39 points; and the Dow Jones Industrial Average rose 0.37% to 43,621.16 points.
(Daily chart of the Nasdaq Index, source: TradingView)
In the past four trading days, the Nasdaq index has fallen more than 5%, is the largest consecutive decline since early September last year.A number of super technology giants have retreated more than 10% from highs, including Tesla’s cumulative decline this year after falling 8.39% on Tuesday., the market value fell below the US$1 trillion threshold.
(Tesla daily chart, source: TradingView)
For American technology giants, the stage of unpredictable destiny will unfold after hours on Wednesday. In addition to expecting Nvidia to deliver an answer that will increase revenue by 72% year-on-year to US$38 billion, the market is also paying attention to Huang Renxun’s wording on the future market outlook.After the news that “Microsoft has retired from leasing the data center” came out this week, whether Nvidia’s AI chips are still in short supply will determine the direction of the subsequent market.
According to Morgan Stanley’s forecast, Microsoft will contribute 35% of NVIDIA’s 2025 Blackwell architecture chips revenue, Google will account for approximately 32.2%, Oracle and Amazon will account for 7.4% and 6.2% respectively.
Faced with the current shaky current situation of the U.S. stock market, Bank of America strategist Harnett also said on Tuesday thatAt present, investors are “increasingly skeptical” about whether U.S. stocks will still have room for further growth when China stocks and European stocks perform better.
“The longer we delay, the more doubts it will be and the harder it will be for the S & P 500 to reach new highs,” Harnett said.
The current state of the U.S. stock market is also related to Trump in the White House. Under the impact of his policies, American consumers are now less and less confident in the economy, and worries about inflation are increasing day by day. According to reports, Trump signed another executive order on Tuesday,Investigate imports of copper, may bring import tariffs or quota policies.
Performance of hot stocks
Under the leadership of Alibaba, the leader of China’s AI concept, the status of China’s stocks was significantly better than the broader market, and the Nasdaq China Golden Dragon Index closed up 0.58%.
As of the close, Alibaba rose 3.85%, Jingdong rose 1.93%, Baidu rose 1.31%, Dianduo fell 0.5%, Beilai rose 3.75%, NIO fell 2.06%, Netease rose 0.73%, Ideal Car rose 13.2%, Xiaopeng Automobile rose 5.46%, Shell rose 4.27%, Huanju rose 3.95%, Mingchuang Premium Products rose 5.83%, and Shengwang rose 5.54%.
other messages
[Tesla’s European sales in January almost halved]
The latest data shows that Tesla’s sales in the European market fell sharply in January this year, down 45% compared with the same period last year. At the same time, overall sales of electric vehicles in the European market have increased, and automakers from China have put further pressure on Tesla.
Affected by market sentiment and negative sales, Tesla fell 8.39% on Tuesday, down nearly 40% from its mid-December peak last year.
Cisco announced on Tuesday that it has expanded its partnership with Nvidia to create a unified architecture across product portfolios to provide enterprises with artificial intelligence (AI) technology solutions. NVIDIA will combine Cisco Silicon One with NVIDIA’s Ethernet SuperNIC. Cisco’s products will become part of the “NVIDIA Spectrum-X” Ethernet network platform, and Cisco will also be the only chip partner in the platform.
[Lilly reduces the price of small bottles of diet pills]
U.S. pharmaceutical giant Lilly announced on Tuesday that it will reduce the price of the best-selling weight loss drug Zepbound in “small bottles” to benefit more patients without medical insurance. Specifically, Lilly will reduce the price of 2.5-mg and 5-mg doses of Zepbound in small bottles to $349 and $499 per month, respectively, which is about $50 lower than the current price.
Affected by the news, Lilly closed up 2.31% on Tuesday, while shares of Hims Hers Health, which relied on generic versions of diet drugs, plunged 22.32%.
[Alibaba Wanxiang model that surpasses Sora can run open source home graphics cards]
Late on Tuesday night in Beijing time, Alibaba officially opened source its video generation model Wanxiang 2.1 model. This time, there are two versions of the model: the 14B version is suitable for quick deployment by professional creators, while the 1.3B version uses a single card on a home graphics card (Note: The official example is the NVIDIA 4090). 480P high-quality video can be generated. The performance is even comparable to that of large closed-source models with some 5B parameters.
[Ideal Automobile releases its first all-electric SUV, Ideal i8 official map]
Ideal Automobile released the official map of its first all-electric SUV, the Ideal i8, on Tuesday. It is reported that the i-series is the new pure electric SUV series of Ideal Cars, which is juxtaposed with the L series and MEGA. The three product series together form the model matrix. Affected by the news, Ideal Cars closed up 13.2% on Tuesday.
