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Express News | Dow Jones futures turn lower after President Trump suggests an 80% tariff on China "seems right".
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Is the rebound in the US stock market about to peak? Bank of America strategists warn: Beware of the "Bullish" being fully realized.
Michael Hartnett, Chief Investment Strategist at Bank of America, warned that despite the expectations of easing trade policies leading to a significant rebound in U.S. stocks recently, this surge may be nearing its end.
U.S. stock market close: The U.S.-U.K. trade agreement boosts the market, with all three major Indices collectively rising, the Nasdaq up over 1%.
① The three major U.S. stock indexes all closed higher, with the Nasdaq rising over 1%; ② Large Technology stocks collectively increased, with Google rising nearly 2%; ③ China Concept Stocks saw widespread gains, with the Nasdaq China Golden Dragon Index rising 0.97%.
U.S. Stocks Climb on U.S. Trade Deal With U.K. -- Market Talk
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U.S. stocks closed with the three major Indexes fluctuating higher, with Google plummeting more than 7%. The Bullish support from the AI Chip helped NVIDIA.
① Apple is promoting a shift to AI search for Safari, causing Google's stock price to fall over 7%; ② Disney's stock price skyrocketed nearly 11%, with the company's second fiscal quarter profits exceeding expectations; ③ NVIDIA rose over 3%, with reports that the USA is considering lifting AI Chip export restrictions.
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US Morning News Call | U.S. and China to Meet in Switzerland, Possibly Easing Trade War
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U.S. stocks closed: Trade uncertainty rises, and the three major Indexes collectively declined.
① The CEO of NVIDIA stated that the AI market in China is expected to reach 50 billion dollars; ② AMD's revenue in the first quarter was 7.44 billion dollars, a year-on-year growth of 36%; ③ Super Micro Computer's net sales in the third quarter were 4.6 billion dollars, falling short of expectations.
Wall Street giant Paul Tudor Jones: It is still very likely that the U.S. stock market will hit new lows, and AI poses a threat to survival.
Paul Tudor Jones expressed a pessimistic view. He stated that even if USA President Trump eases tariff policies, the US stock market is still likely to create new lows, unless the Federal Reserve is very dovish and significantly lowers interest rates. He is increasingly concerned about the dangers posed by AI and warns that this risk is not limited to impacts on the stock market and economy; he sees AI as a "survival threat."