<h3>Top News in US Stocks</h3>
<ol>
<li>
The price of NVIDIA's RTX 4090 graphics card has surged by 60% in some Asian countries - The suggested retail price of the GeForce RTX 4090 is $1,599. However, buyers in Taiwan's Guanghua Shopping Mall and South Korea's Longshan Electronics Market are purchasing these cards for over $2,500 in order to resell them at triple the price in mainland China and Hong Kong.
</li>
<li>
JD-SWR announced that over 20,000 frontline customer service employees at JD will see an average annual salary increase of over 30% starting from February 1, 2024.
</li>
<li>
According to multiple sources, the first model of NIO-SW's sub-brand, Alps, codenamed &#34;DOM,&#34; is scheduled for trial production in July this year, with mass production and delivery expected in the second half of the year. If all goes well, DOM is expected to be officially launched in October this year.
</li>
<li>
NIO-SW Capital recently completed the fundraising for its second phase RMB fund, with a total size exceeding 3 billion yuan.
</li>
<li>
DouYu and Huya to merge? DouYu responds: Not true, there is business cooperation but no merger plan.
</li>
<li>
OpenAI recently announced on the X platform that it has officially landed on Apple's Vision Pro, and users can download the application from the visionOS App Store.
</li>
</ol>
<h3>Pre-market Movement</h3>
In pre-market trading, the three major stock index futures in the US are down, while the fear index is up.
<img src="https://pub.pbkrs.com/cms/2024/0/kd7TGFkSWykW8ReGqNvASGLFm695P1NW.jpg?x-oss-process=style/lg" alt="Image" original-src="https://pub.pbkrs.com/cms/2024/0/kd7TGFkSWykW8ReGqNvASGLFm695P1NW.jpg"/>
Bitcoin is currently trading at $43,014, up 0.16% in the past 24 hours, while Ethereum is trading at $2,317, up 0.6% in the past 24 hours.
<img src="https://pub.pbkrs.com/cms/2024/0/5QHD4C4yidFCRwjGdtRLP8FDnzXCuq44.jpg?x-oss-process=style/lg" alt="Image" original-src="https://pub.pbkrs.com/cms/2024/0/5QHD4C4yidFCRwjGdtRLP8FDnzXCuq44.jpg"/>
Tech stocks are mixed in pre-market trading, with NVIDIA up nearly 2% and reaching a new all-time high, while Tesla is down over 1%, and AMD, Meta, Apple, and Amazon are also down.
Chinese concept stocks are also mixed, with JD, Bilibili, NetEase, and NIO-SW up over 1%, while Li Auto and Alibaba are up less than 1%, and Pinduoduo and XPeng are down over 1%.
<h3>Strategy Review</h3>
1. Are US stock prices outrageously high? How much further will they fall?
Legendary investor Grantham warns that US stocks were expected to fall another 20% to 30%, but the AI frenzy at the beginning of 2023 &#34;rudely interrupted the selling and changed the trajectory of the entire stock market.&#34; However, AI is a bubble that is destined to burst.
2. Earnings reports continue to heat up this week! McDonald's, Eli Lilly, and 104 other component companies are releasing their reports
As the fourth-quarter earnings season is more than halfway through, according to FactSet, this week will see 104 S&amp;P 500 companies reporting their earnings.
3. New York Community Bank plunges! Will mid-sized US banks be affected?
New York Community Bank's stock price plummeted nearly 38% due to credit loss provisions of up to $552 million, far exceeding market expectations. The bank also announced an unexpected loss of $260 million and reduced its dividend to 5 cents. Analysts expect other banks' reserve levels to rise.
4. Are the bulls in the U.S. stock market safe?
80% of companies in the S&amp;P 500 index have exceeded earnings expectations, and their performance is very strong. However, the outlook for the future remains relatively weak in terms of sustained positive momentum: many companies have issued cautious earnings guidance for this reporting season.
5. Monthly market value soared by nearly $300 billion! NVIDIA is &#34;seeing red&#34;
The market's optimism about AI, analysts' positive forecasts, and the company's release of new AI products have all boosted NVIDIA's stock price, which has risen more than 24% in January! Bank of America has raised its target price to $800.

Before the US stock market opens, NVIDIA is up nearly 2%, while Tesla is down over 1%. AMD, Meta, Apple, and Amazon are all down. JD.com, Bilibili, NetEase, and NIO-SW are up over 1%, while Li Auto and Alibaba are up less than 1%. Pinduoduo is down nearly 2%, and XPeng-W is down over 1%.

LB Select

Meta Platforms

Alphabet

Alphabet - C

Microsoft

Apple

Amazon

Tesla

NVIDIA

Netflix

JD.com

Bilibili

NetEase

Li Auto

Alibaba

XPeng

BABA-W

XPENG-W

BABA-WR

JD-SW

JD-SWR

Pre-market in US stocks | JD, BABA-SWR rise, PDD, Tesla fall! Will NVIDIA hit another new high tonight?