<h3>U.S. Stock Market News</h3>
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On March 27th, Chinese President Xi Jinping met with representatives from the American business and strategic academic communities at the Great Hall of the People in Beijing. Xi Jinping pointed out that the history of China-U.S. relations is a history of friendly exchanges between the two peoples, which has been written by the people in the past and will be created by the people in the future. He hopes that people from all walks of life in both countries will visit and communicate more, continuously accumulating consensus.
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Nio lowers first-quarter delivery expectations: It is expected to deliver 30,000 vehicles in the first quarter, down from the previous estimate of 31,000 to 33,000 vehicles.
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Taobao announced on March 27th that starting from April, it will launch multiple favorable business measures for all platform merchants, including providing important operational services such as Business Advisor, Ali Wangwang Customer Service Robot, and Picture Space to merchants for free.
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Following X.AI's earlier release of its large-scale language model Grok, Musk stated on Tuesday that X will soon provide the Grok chatbot to more paying users.
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AstraZeneca plans to &#34;globally produce the same drugs in multiple factories&#34; to independently supply different markets.
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</ol>
<h3>Pre-market Movers</h3>
In pre-market trading, U.S. stock index futures are up, while the fear index is down.
Bitcoin is currently trading at $70,061, down over 1% in the past 24 hours; Ethereum is currently trading at $3,571, down over 2% in the past 24 hours.
Chinese concept stocks are mostly down in pre-market trading, with technology stocks and cryptocurrency concept stocks mostly up.
XPeng leads the decline by over 4%, Nio is down over 3%, Li Auto is down over 2%, Baidu, Alibaba, and Pinduoduo are down over 1%, JD.com and Bilibili are down nearly 1%.
Tesla and Nvidia are up by nearly 1%, AMD, Meta, Apple, Amazon, and Microsoft are up.
Coinbase is up over 1%, Marathon Digital and Microstrategy are up nearly 1%.
In terms of individual stocks, Trump concept stock DJT surged over 16% in pre-market trading, following a 16% increase the previous day.
Merck is up nearly 5%, reaching a new high, as the pulmonary arterial hypertension drug sotatercept receives FDA approval.
One Group surged nearly 15% at one point, planning to acquire Hua Hong Holdings for $365 million.
PaySign surged over 32% at one point, with Q4 earnings exceeding expectations.
GameStop GME plunged by 23% at one point, with Q4 earnings falling short of expectations.
Robinhood surged over 8% at one point, entering the U.S. credit card business.
<h3>Strategy Review</h3>
1. Short interest in Trump concept stock DJT surges!
Although DJT soared to a circuit breaker on its first day of listing and eventually closed up 16%, its short interest has reached 60%, with over 4 million shares being shorted, nearly four times the shorted shares of DWAC the previous day!
2. Cryptocurrency concept stocks are increasingly being shorted as they rise! Is a short squeeze coming?
The total amount of short positions in cryptocurrency stocks this year has increased to nearly $11 billion, with over 80% targeting MSTR and COIN. Given the limited number of stocks rebounding and available for short selling, a short squeeze may occur, where short sellers are forced to buy back stocks to exit their positions, thereby driving up stock prices.
3. US retail investors once again ignite a meme stock frenzy!
The volume of options trading by individual investors has slightly increased, as traders buy bullish options to cope with the continuous rise in stock indices that already have a bubble. They are rushing to buy newly listed Reddit stocks, as well as classic meme stocks like GameStop

XPeng led the pre-market decline by over 4%, Nio dropped by over 3%, Li Auto fell by over 2%. Trump concept stock DJT surged over 16% at one point. Merck rose nearly 5% to a new high. GameStop GME plummeted by 23% at one point. hello Group surged by nearly 15% at one point. PaySign surged over 32% at one point. Robinhood surged over 8% at one point

LB Select

Meta Platforms

Alphabet

Alphabet - C

Microsoft

Apple

Amazon

Tesla

Netflix

Trump Media & Tech

Trump Media & Tech - CW28

Merck

GameStop

One Group Hospitality

Paysign

Robinhood

XPeng

Li Auto

Alibaba

JD.com

Bilibili

NetEase

Baidu

NIO-SW

NIO Inc. USD OV

Pre-market trading in US stocks | Nio and Li Auto lead the decline in Chinese concept stocks! Trump concept stock DJT continues to soar