<h3>Top News in US Stocks</h3>
<ol>
<li>The link to China's &#34;Draft Regulations on the Management of Online Games&#34; has been removed.</li>
</ol>
According to senior professionals in the gaming industry, &#34;It is understood that the regulations will still be released, but industry opinions and suggestions will be taken into consideration, allowing for flexibility and room for adjustment. The final version will definitely differ from the draft version.&#34;
<ol>
<li>According to media reports, XPeng President Wang Fengying has led a new round of organizational restructuring at XPeng, involving multiple departments such as marketing, human resources, intelligent data, production, and product planning.</li>
</ol>
Specific changes include Huang Ronghai, former head of the Data Intelligence Center (DIC), taking charge of the human resources department, while Chen Dan, former head of human resources, has left XPeng. Zhang Li, former General Manager of GWMOTOR, joined XPeng a few months ago to replace the retired Jiang Ping and is responsible for production. Jiang Ziyang, who previously served as a senior consultant for positioning consulting at Lisi Strategy, has joined XPeng and is responsible for product planning, a role previously held by Wu Meng.
The report also stated that most of Wang Fengying's decisions have received support from XPeng Chairman and CEO He Xiaopeng.
<ol>
<li>Tencent Group Vice President and President of Enterprise Business, Li Qiang, stated that while the company is reducing unhealthy revenue, it is still maintaining rapid growth in overall revenue. In terms of performance, Li Qiang said that the performance growth rate in 2024 is more optimistic than in the past. &#34;Tencent is not in a hurry to monetize large-scale models.&#34;</li>
</ol>
Li Qiang stated that the large-scale model track is currently in a stage of competition, and focusing too early on monetizing large-scale models would distract from the company's focus. The company hopes to invest more energy in the iterative capabilities of Tencent's large-scale models and quickly catch up to international standards.
<ol>
<li>
Oracle announced the launch of Oracle Cloud Infrastructure (OCI) Generative AI service. OCI Generative AI service is a fully managed service that seamlessly integrates large language models (LLM) from Cohere and Meta Llama 2, effectively addressing various business use cases.
</li>
<li>
It is reported that Apple has reduced the initial order quantity of iPads with OLED panels from 10 million units to 7-8 million units. It is expected that LG Display's supply scale will be reduced from a total of 6 million units for the 11-inch and 12.9-inch models to 3-4 million units, while Samsung Display will supply 4 million units as planned.
</li>
<li>
The Tesla Cybertruck off-road travel vehicle will begin its tour in mainland China at the end of January 2024. At that time, 8 Cybertrucks will simultaneously appear in 8 cities in China, including Shanghai, Beijing, Shenzhen, Chengdu, Nanjing, Hangzhou, Xi'an, and Chongqing.
</li>
</ol>
<h3>Pre-market Movement</h3>
In pre-market trading, US stock index futures are mixed, while the fear index is declining.
<img src="https://pub.pbkrs.com/cms/2024/0/uN3Bg1EJ1QydZpqRhcy1UQGx6Czj9YsS.jpg?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/cms/2024/0/uN3Bg1EJ1QydZpqRhcy1UQGx6Czj9YsS.jpg"/>
Pre-market trading for Chinese concept stocks is up, with Xpeng, NIO, Bilibili, NetEase, and JD.com all up over 3%, and Pinduoduo up 2%, and Alibaba up over 1%.
Cryptocurrency concept stocks are down in pre-market trading, with Coinbase down over 3%, and Canaan, Marathon Digital, and Riot Platforms down over 3%, and Bit Digital down nearly 2%.
Trump concept stocks are showing some movement in pre-market trading, with DWAC initially up nearly 30% before diving and dropping nearly 12%, and Rumble up over 44% at one point, and Phunware up 20% at one point.
In terms of individual stocks, AMD is down nearly 2% in pre-market trading, following a downgrade in its rating.
United Airlines is up over 5%, with Q4 revenue of $13.626 billion, a nearly 10% YoY increase, exceeding market expectations.
<h3>Strategy Review</h3>
1. Company Analysis | Why has Tesla's target price been significantly lowered?
Morgan Stanley has lowered Tesla's target price by 9% to $345, citing that Tesla will face more challenges this year. However, based on the latest closing price, this still implies a 65% upside potential for the stock!
2. Will the US stock market continue to rally? Veteran strategist: The &#34;irrational exuberance&#34; of the 90s may reappear
Ed Yardeni, the founder of Yardeni Research, believes that compared to the dot-com bubble in 2000, the valuation of the technology industry is relatively moderate. Although the optimistic sentiment brought by the rally will eventually lead to a market crash, in this case, the stock market will react with technology stocks leading the way.
3. How does Wall Street view General Electric's Q4 earnings report?
General Electric will announce its Q4 2023 earnings on January 23. Adjusted earnings per share are expected to decline by 28%, and revenue is expected to decline by 18.2%. Although the market generally expects a decline in performance, some analysts are still optimistic about General Electric's prospects. Wall Street believes that General Electric's defense business is expected to increase revenue, and predicts that the company's long-term profit margin will rise.
4. Understanding the Market | US stocks hit new highs, but why is it dangerous?
UBS warns of three major risks! The S&amp;P 500 may plummet by 23%! When? Later this year!
5. Is AI stock trading reliable? Stock selection returns over 40%!
How does MarketSenseAI, an AI stock selection tool based on GPT-4, perform? It has outperformed the benchmark index by 13%, with a return rate of up to 40%! After learning market price dynamics, financial news, company fundamentals, and macroeconomic reports, AI can simulate the decision-making process of a financial investment team.
6. What does Buffett's record cash holdings really mean?
The record cash holdings of Berkshire Hathaway, owned by Warren Buffett, do not necessarily mean that he believes the stock market is overvalued. In fact, Berkshire Hathaway's current cash level is not prominent, and the change in its cash level is not negatively correlated with the market's ups and downs.

Pre-market movements of Trump concept stocks, DWAC rose nearly 30% at one point, then plunged, falling nearly 12% at one point; Rumble rose over 44% at one point, Phunware rose 20% at one point. Chinese concept stock Li Auto rose over 4%, NIO, XPeng, Bilibili, NetEase, JD.com rose over 3%, Pinduoduo rose 2%, BABA-SWR rose over 1%.

LB Select

Meta Platforms

Alphabet

Alphabet - C

Microsoft

Apple

Amazon

Tesla

NVIDIA

Netflix

Rumble

Phunware

Alibaba

JD.com

NetEase

Bilibili

XPeng

Li Auto

United Airlines

Trump Media & Tech

Pre-market trading in US stocks | Weixiaoli leads the surge in Chinese concept stocks! Trump concept stocks skyrocket and plummet