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Monday Eastern Time is another landmark day in American political history: A U.S. court will hear former U.S. President Trump’s “hush money” case, which means he will become the first former U.S. president to face a criminal trial. . Although it is widely believed that the case tried on Monday is the least impactful of the four criminal prosecutions faced by Trump, it is also the only case in which Trump will face a criminal trial before the US election in November this year. If Trump is convicted, not only may he be imprisoned, but it will also make the public doubt his ability to lead the country, affect his support among middle voters, and thus may change the results of the general election in November this year. In addition, since the trial process of the “hush money case” is expected to last 6 to 8 weeks, this means that Trump will have to appear in court four days a week for nearly two months, which may delay his Campaign schedule. For this reason, the Trump campaign dismissed the trial…

In the past four months, the month-on-month increase in U.S. CPI has never been less than 0.3% (0.3% in December and January last year, and further reached 0.4% in February and March). So, if CPI continues to show this resilience, how will U.S. inflation develop during the year? The forecast chart from research company Bespoke shows that if the month-on-month increase in U.S. CPI continues to remain at 0.3%, the year-on-year CPI is expected to return to the “4th era” by the end of the year, and if it remains at 0.4%, the year-end inflation may even reach the “5th era.” threshold. In view of the current surge in commodities that continues to add pressure for price recovery, the risk of “secondary inflation” in the United States cannot be underestimated.

Musk sent an all-staff email this afternoon, saying Tesla will lay off 10% of its employees worldwide. Earlier, foreign media reported that some employees said the layoff rate may be as high as 20%. However, according to verification, Tesla’s official all-employee letter was released at around 3:00 pm on April 15th, Beijing time, confirming that the layoff ratio would be 10%. Some media asked Tesla store employees in China to confirm the news. The other party said that they had not received the notification yet, but it would not have an impact on the business. Tesla has more than 140,000 employees worldwide, according to a December filing with regulators. Entering April this year, a new round of “price war” among car companies has begun. According to incomplete statistics, more than 10 brands have successively launched preferential activities since April. In addition to price reductions, consumers are attracted through various methods such as price reductions for additional equipment, separation of vehicles and electricity, and replacement subsidies. With Xiaomi Motors’ first car officially launched, priced starting at 215,900 yuan, new entrants have…

BofA Securities last week lowered its price target on Intel stock to $44 per share from the previous price of $50 per share, while maintaining a neutral rating on the stock. Prior to this target price adjustment, Intel conducted a re-segmentation of its business, which resulted in a change in the valuation method of the company’s IDM (vertical integration from chip design to production) business, including products and foundry services. . A report from Bank of America Securities pointed out that Intel’s future depends largely on CEO Pat Gelsinger’s vision to transform the chip company into a semiconductor foundry and compete with other companies in the industry. However, Bank of America analysts commented on Intel’s current situation that although Intel’s foundry business has made some achievements in external design, it still relies heavily on the company’s internal design team. This dependence has prompted the valuation of the IDM business to shift to a comprehensive assessment. approach rather than evaluating each part individually. Therefore, the new price target set by Bank of America this time is 23 times the expected price-to-earnings…

Apple CEO Tim Cook posted a number of photos of “people in Vietnam” on social media: tasting Hanoi’s characteristic egg (yolk) coffee with musicians, and hanging out with film and television creators at the famous local Hoan Kiem Lake. Taking a photo with the iPhone’s rear camera. Obviously, as the head of a consumer electronics giant and a world-renowned supply chain guru, Cook’s visit to Vietnam is naturally related to the layout of the industrial chain. 400 trillion VND invested in the past five years Just when Cook arrived in Hanoi, Apple issued a statement on its official website in Vietnam, announcing that it would increase investment in Vietnam’s supply chain. According to data provided in the announcement, since 2019, Apple’s cumulative investment in Vietnam through supply chain partners has exceeded 400 trillion VND. (Note: The latest exchange rate of RMB against Vietnamese Dong is 3466.83, Apple’s investment in Vietnam is equivalent to more than 112 billion yuan) More importantly, Apple’s local investment is also accelerating. Also starting in 2019, the company’s annual investment in Vietnam has doubled. Currently, Vietnam’s…

As the first-quarter earnings season of the U.S. stock market slowly opened last week, JPMorgan Chase , which has always been bearish on the prospects of U.S. stocksAnother pessimistic warning. JP Morgan strategists are not optimistic about the outlook for corporate earnings this earnings season, believing that except for a few technology giants, most U.S. stock companies will see an overall decline in earnings. They also believe that even if U.S. stock companies perform well in earnings, it will be difficult to push U.S. stocks higher because most of the optimism has been digested in advance. Xiaomo Mo’s pessimistic outlook on Q1 earnings season The team of Mislav Matejka, head of global equity strategists at JPMorgan Chase, wrote in a report that they have lowered their profit expectations for the first quarter of U.S. stock companies. Strategists said first-quarter earnings for most companies in the S&P 500 are expected to decline across the board after excluding several technology giants. Matejka also noted that investor positioning looks “very tight” as the S&P 500 index has risen to a record high. He…