<h3>U.S. Stock Market News</h3>
<ol>
<li>
In February, China's M2 money supply increased by 8.7% year-on-year, the same as the previous value.
In the first two months of 2024, China's new social financing amounted to 8.06 trillion yuan, a decrease of 1.1 trillion yuan compared to the same period last year.
</li>
<li>
There are rumors that ByteDance Group and Alibaba will announce major news on March 21, sparking speculation once again about &#34;ByteDance acquiring Ele.me.&#34; In response, ByteDance stated that there are no such plans.
</li>
<li>
Tencent, Tsinghua University, and the Hong Kong University of Science and Technology jointly launched a new image-to-video model called &#34;Follow-Your-Click.&#34; Based on the input model of the image, by clicking on the corresponding area and adding a few prompts, the originally static area of the image can be animated with a single click, transforming it into a video.
</li>
<li>
ByteDance's investment expansion plan in Canada is under national security review. ByteDance responded by stating that the company will continue to cooperate with the Canadian government's review of ByteDance's investments in Canada. &#34;We are committed to ensuring the platform's security to protect the millions of Canadian creators, artists, and small businesses who rely on ByteDance for their livelihoods, community, and job opportunities.&#34;
</li>
<li>
The U.S. National Highway Traffic Safety Administration announced that Tesla will recall 6,557 vehicles in the United States.
</li>
</ol>
<h3>Pre-Market Movers</h3>
In the pre-market U.S. stock market, the three major indices are up, and the fear index is down.
Bitcoin is currently trading at $67,783, down over 7% in the past 24 hours; Ethereum is trading at $3,679, down over 7% in the past 24 hours.
Chinese concept stocks and technology stocks are mixed in pre-market trading, with a significant drop in cryptocurrency-related stocks.
In pre-market trading, Tesla is up over 1%, while Nvidia, AMD, Apple, and Microsoft are also up.
Among Chinese concept stocks, XPeng and Li Auto are up over 2%, while Pinduoduo, Nio, Bilibili are up over 1%, Alibaba is slightly up, and JD.com, NetEase, and Baidu are down.
Microstrategy, Marathon Digital, and Coinbase are all down over 4%.
On the individual stock side, Fisker surged 46% in pre-market trading. The company responded to bankruptcy rumors by stating that it is in talks with a major automaker to build a strategic partnership.
Biopharmaceutical company Jelun doubled at one point after FDA approval of its anemia candidate drug.
Adobe fell over 12% at one point due to Q2 performance guidance below expectations.
Pagerduty fell over 10% at one point due to revenue guidance for the fiscal year 2025 below expectations.
<h3>Strategy Review</h3>
1. Will Nvidia undergo its &#34;sixth stock split in history&#34;?
In 2021, I still remember when the management decided on a 4:1 split, with NVIDIA's stock price nearing $744 at the time of the split. From the announcement of the split in May to July 20th of that year, NVIDIA's stock price surged, with the highest increase exceeding 40%.
2. Bitcoin may be &#34;sold out&#34;! What to do?
Last week, the net inflow of Bitcoin spot ETF exceeded 30,000 Bitcoins, with analysts warning that at this rate, a &#34;seller liquidity crisis&#34; may occur in September. When demand reaches a certain stage that supply cannot meet, the impact on Bitcoin prices is expected to exceed market expectations.
3. Betting on a decline in US stocks? Goldman Sachs: It's time to buy VIX call options
Goldman Sachs believes there are 5 reasons to support buying VIX call options: historical lows of VIX, the S&amp;P 500 index nearing historical highs, high market demand for upward asymmetry, Goldman's model indicating potential for VIX to rise, and various macro and micro factors that could drive volatility up.

Before the market opens, Microstrategy, Marathon Digital, and Coinbase all fell more than 4%. Fisker surged 46% at one point, driving up the shares of new energy vehicle companies like XPENG-W and Li Auto by over 2%. Biopharmaceutical company Jelun doubled at one point in pre-market trading, while Adobe dropped over 12% and Pagerduty fell more than 10%.

LB Select

Meta Platforms

Alphabet

Alphabet - C

Microsoft

Apple

Amazon

Tesla

NVIDIA

Netflix

Strategy

Mara

Coinbase

Geron

Adobe

Pagerduty

XPeng

Li Auto

Alibaba

JD.com

Baidu

NetEase

Bilibili

XPENG-W

Pre-market trading in US stocks: Nio and Li Auto lead the gains among Chinese concept stocks, while cryptocurrency-related stocks experience a sharp decline!