AI

As of press time, the Dow futures, dominated by blue-chip stocks, rose 0.24%; the S&P 500 futures rose 0.25%; the Nasdaq 100 futures, dominated by technology stocks, rose 0.29%. Popular Chinese concept stocks rose before the market opened. European stock markets rose. As of press time, Germany’s DAX index fell 0.08%; France’s CAC40 index rose 0.39%; Britain’s FTSE 100 index rose 0.14%. In terms of commodity foreign exchange, as of press time, Brent crude oil fell 1.10% to US$86.33 per barrel. European Automobile Manufacturers Association: EU car sales hit biggest decline in 16 months in March The European Automobile Manufacturers Association said that EU car sales suffered the largest decline in 16 months in March, and Tesla‘s new car registrations in the EU fell by 30% in March. Registrations of pure electric vehicles in the EU fell by 11% to 134,400 in March; the EU’s pure electric vehicle market share fell to 13% from 14% in the same period last year. Swiss gold exports fell 6.9% month-on-month in March Swiss gold exports fell 6.9% month-on-month in March. TSMC’s Q1 net…

U.S. stock futures climbed ahead of the opening bell on Monday as global markets calmed and traders speculated that diplomatic efforts would help prevent an escalation in the conflict between Iran and Israel. The dollar and U.S. Treasuries fell, while gold remained strong near $2,350. As of press time, Dow futures were up 0.5%, S&P 500 futures were up 0.6%, and Nasdaq futures were up 0.6%. The German DAX index rose 1.1%, the British FTSE 100 index fell 0.3%, the French CAC 40 index rose 1.0%, and the European Stoxx 50 index rose 1.1%. U.S. Treasuries fell along with the dollar. U.S. WTI crude oil fell below $85 a barrel. Gold prices are hovering at $2,350. Investor nerves remained high over the prospect of Israeli retaliation against Iran, but investors took some comfort when Iran’s mission to the United Nations said the issue “can be considered closed.” The United States and other countries have also called on all parties to exercise restraint and strive to avoid the outbreak of a full-scale regional war. According to officials familiar with the development,…

CITIC Securities believes that driven by factors such as macroeconomic resilience, share improvement, cost reduction and efficiency improvement, the overall performance of the US Internet sector in the first quarter is expected to exceed expectations. In terms of sectors, online advertising and e-commerce are the sub-sectors with the highest certainty. Benefiting from the macroeconomics and the continuous upgrade of AI recommendation systems, revenue and profit growth are expected to further accelerate. In the streaming media industry, driven by factors such as the relatively slow release of content, membership advertising, and crackdowns on shared accounts, leading companies are expected to benefit. In the local life sector, the trend of major companies reducing losses continues and demand remains stable. In addition, the improvement in cash flow of major Internet companies also brings potential opportunities for shareholder return growth. In terms of valuation, although expectations for interest rate cuts by the Federal Reserve continue to fluctuate, the valuations of major Internet companies have not deviated significantly from the valuation center of the past five years, and the overall price/performance ratio remains outstanding.

Driven by the artificial intelligence (AI) craze, technology stocks seem to have attracted all the attention of U.S. stock investors, but some analysts believe that investors should focus on a less dazzling industry. Driven by various bullish factors, The industry is ripe for strong gains. Energy stocks deserve more attention as the sector starts the year off with an impressive performance, according to top U.S. economist David Rosenberg, president of Rosenberg Research profound. The S&P 500 Energy index has returned 16.3% so far this year, and investors haven’t noticed yet. “This is an overlooked segment of the market because investors have very negative positions (in the sector) (SPDR Energy ETF outflows of $2.7 billion over the past year),” he said. Overall, there are three main reasons why energy stocks are expected to rise further this year, with some analysts predicting the sector will rise as much as 20% from current levels. Strong fundamentals Even as technology stocks move higher on strong earnings, LPL Financial noted in a report that the energy sector posted more March earnings revisions than all S&P…