<h3>U.S. Stock Market News</h3>
<ol>
<li>Douyin E-commerce has set &#34;price power&#34; as its top priority task by 2024, becoming another e-commerce platform after Pinduoduo, Alibaba, and JD that explicitly elevates &#34;low prices&#34; to a core strategic focus internally.</li>
</ol>
Based on this, Douyin E-commerce has set a total transaction volume (GMV) target of over 3 trillion yuan for the year. In 2023, Douyin E-commerce's total transaction volume was around 2.2 trillion yuan, compared to Pinduoduo's over 4 trillion yuan. To achieve this goal, Douyin E-commerce will need to grow by over 36%, several times the growth rate of the entire e-commerce market.
<ol>
<li>
In the fourth quarter of 2023, Huawei surpassed Apple to become the top brand in China's tablet market in terms of shipments, marking the first change in the top brand in quarterly tablet shipments in China since 2010.
</li>
<li>
Amazon founder Bezos sold stocks worth $23.7 billion.
</li>
<li>
Rio Tinto reported a full-year basic profit of $11.8 billion in 2023, estimated at $11.6 billion. The final dividend per share is $2.58.
</li>
</ol>
Net profit was $10.06 billion, estimated at $11.15 billion. Basic earnings per share were $7.25, estimated at $7.22. Revenue was $54.04 billion, estimated at $53.66 billion. Capital expenditure was $7.09 billion.
<ol>
<li>BHP reported a pre-tax, pre-interest, depreciation, and amortization profit of $17.1 billion in the last fiscal year, with an expected $17.35 billion.</li>
</ol>
<h3>Pre-market Movers</h3>
In the U.S. stock market pre-market, the futures of the three major stock indexes and the fear index all fell.
Bitcoin is currently trading at $51,165, down over 1% in the past 24 hours; Ethereum is trading at $2,907, up 0.24% in the past 24 hours.
Chinese concept stocks are generally up, while tech stocks are mostly down!
Specifically, among the star tech stocks, only Amazon rose by over 1% pre-market, mainly due to its first inclusion in the Dow; Nvidia, AMD fell by over 1%, and Tesla fell by nearly 1%.
Chinese concept stocks surged, with Li Auto leading the gains by 5%, JD up by 3%, XPeng, Nio, Bilibili up by over 2%, Alibaba, Pinduoduo, Baidu up by over 1%.
In terms of individual stocks, commercial space startup Intuitive Machines surged by over 28% pre-market, expected to make a moon landing later this week.
&#34;AI tech giant&#34; Palo Alto Networks fell by over 22%, after lowering its full-year revenue and earnings outlook, with third-quarter guidance below expectations.
SolarEdge fell by over 15%, with Q4 performance and next quarter guidance below expectations.
<h3>Strategy Review</h3>
1. After the stock price turmoil, what kind of earnings report does Nvidia need to withstand the pressure?
Tonight, &#34;AI pioneer&#34; NVIDIA will stage the finale of the US stock earnings season. NVIDIA, carrying the &#34;hope of the whole village,&#34; not only needs this earnings report to be &#34;good,&#34; but also &#34;very good.&#34; The revenue guidance for the future must not only be optimistic but also &#34;very optimistic.&#34;
Goldman Sachs: NVIDIA is currently the &#34;most important stock on Earth,&#34; and tonight's earnings report &#34;must&#34; significantly exceed expectations. Is the surge ignited by NVIDIA a &#34;epic&#34; gamma squeeze? Goldman Sachs warns that while NVIDIA's performance is expected to greatly exceed expectations, the stock price may experience a pullback due to the gamma squeeze.
The biggest bull on Wall Street warns: Positive news in NVIDIA's earnings report may also trigger a significant drop in stock prices. &#34;NVIDIA's performance is very good, but the stock may still be sold off. This may indicate that a lot of buying power has been exhausted.&#34;
Be cautious: If NVIDIA's earnings report is poor, the US stock market may experience a short-term correction of 5-10%! &#34;People have invested almost all their cash, heavily relying on NVIDIA. If problems arise, I feel there may be a chain reaction of sell-offs, and zero-day options may start to have a negative impact.&#34;
As the US stock market continues to hit new highs, why should investors not throw in the towel? The head of investment strategy research at Schroders believes that the market being at historical highs should not be a reason for investors to abandon investing in stocks. Learning from history, &#34;nervousness is unnecessary&#34; - the average investment return in the 12 months after a new high in the US stock market can outperform inflation by 10.3%!
Beware of the collapse risk of the US stock market &#34;options frenzy&#34;! Ahead of NVIDIA's earnings, Wall Street loudly warns: NVIDIA's earnings report could be a key catalyst to put the brakes on the frenzy of US stock options, potentially reversing much of the market's gains over the past four months!

In the field of technology stocks, only Amazon surged more than 1% in pre-market trading, mainly due to its first inclusion in the Dow Jones Industrial Average; Nvidia and AMD dropped more than 1%, while Tesla fell nearly 1%. Chinese concept stocks soared, with Li Auto leading the gains by 5%, JD.com up by 3%, XPeng-W, NIO-SW, and Bilibili all rising over 2%, and Alibaba, Pinduoduo, and BIDU-SW all up more than 1%.

LB Select

Meta Platforms

Alphabet

Alphabet - C

Microsoft

Apple

Amazon

NVIDIA

Tesla

Netflix

Solaredge Tech

Intuitive Machines

Palo Alto Networks

Li Auto

JD.com

XPeng

Bilibili

Alibaba

Baidu

NetEase

NIO-SW

NIO Inc. USD OV

Invesco Golden Dragon China

BIDU-SW

BIDU-SWR

Pre-market trading in the US: Chinese concept stocks soar while tech stocks decline! Everyone is eagerly anticipating NVIDIA's blockbuster earnings report after the market closes.