<h3>U.S. Stock Market News</h3>
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<li>
In the first quarter of this year, China's GDP grew by 5.3% year-on-year; China's total retail sales of consumer goods in March increased by 3.1% year-on-year; China's industrial value added of enterprises above designated size increased by 4.5% year-on-year in March.
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According to The New York Times, Microsoft plans to announce a $1.5 billion investment in G42, a UAE artificial intelligence giant, on Tuesday. Under the cooperation agreement, Microsoft President Brad Smith will join the board of G42, and G42 will use Microsoft's Azure cloud to develop its artificial intelligence applications. This investment gives Microsoft a minority stake in G42.
</li>
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The CEO of DeepMind, Google's AI research department, stated that Google will invest over $100 billion in artificial intelligence.
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Baidu's founder and chairman, Robin Li, revealed that it has been a year and a month since the launch of Wenxin Yiyi on March 16 last year. The number of Wenxin Yiyi users has exceeded 200 million, and the daily API call volume has also exceeded 200 million.
</li>
<li>
Nio's car manufacturing qualification has been approved and the production line has been switched, no longer using JAC Motors' production qualification, and has started delivering new cars under the name of Nio. A relevant person in charge of JAC Motors stated that JAC Motors and Nio will continue to cooperate, but at present, the cooperation will not be in the OEM field, but in other areas, such as cooperation in the battery swapping field.
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According to the latest report from Canalys, global smartphone shipments in the first quarter of 2024 increased by 11% year-on-year. With the active promotion of Galaxy AI, Samsung has returned to the top with a 20% market share. Apple ranks second with a market share of 16%, facing challenges in its strategic focus markets. Due to the competitive advantage of Xiaomi's new popular model Redmi A3, it ranks third with a market share of 14%.
</li>
</ol>
<h3>Pre-market Movement</h3>
In the U.S. stock market pre-market, the futures of the three major stock indexes fell, and the fear index rose.
Bitcoin is currently trading at $63,295, down 5% in the past 24 hours; Ethereum is currently trading at $3,079, down over 5% in the past 24 hours.
Tech stocks, Chinese concept stocks, and cryptocurrency concept stocks are almost all down in pre-market trading.
Nio fell over 4% pre-market, Bilibili and XPeng fell over 2%, Li Auto and Pinduoduo fell over 1%, Alibaba, JD.com, and NetEase fell nearly 1%.
Among the seven giants of the U.S. stock market, Microsoft briefly rose, but then turned lower; Tesla fell over 2%, NVIDIA fell nearly 1%.
Marathon Digital fell over 2%, Microstrategy fell over 1%, Coinbase fell 0.5%.
Trump concept stock DJT briefly fell over 4%.
On individual stocks, Ericsson briefly rose over 8%, with Q1 adjusted EBIT significantly higher than expected
Vale dropped more than 1%, and the court ordered the suspension of operations at the Sossego mine.
UBS briefly fell more than 2%, with capital requirements potentially increasing by $15 billion to $25 billion.
<h3>Strategy Review</h3>
1. Accurately predicting the &#34;Black Monday&#34; of the US stock market! How did Bank of America warn at that time?
With the S&amp;P 500 index triggered by the CTA model of US banks by only 90 basis points, &#34;We can see CTA stop-loss triggers, volatility control leverage removal, and leveraged and inverse ETFs all being sold off at the close on Monday.&#34;
2. Bitcoin halving is imminent! Why is short-term selling inevitable but long-term support for an uptrend?
Industry insiders say that due to the &#34;buy the rumor, sell the fact&#34; effect on trading, some selling pressure may occur as the halving date approaches. However, in the long run, the halving will have a &#34;substantial impact&#34; and is a &#34;positive development for the market.&#34; It is expected that in the six months after the Bitcoin halving, the trend of Bitcoin will be quite good.
3. Fearless of a pullback! Can tech stocks rise another 15% by the end of the year?
&#34;The recent risk-averse environment and tech stock sell-off provide a clear buying opportunity for the upcoming tech stock earnings season, which is expected to be strong across the board!&#34;

Nio fell more than 4% in pre-market trading, Bilibili and XPeng fell more than 2%, Li Auto and Pinduoduo fell more than 1%, Alibaba, JD.com, and NetEase fell nearly 1%; Microsoft briefly rose, but then turned lower; Tesla fell more than 2%, NVIDIA fell nearly 1%. Trump concept stock DJT fell more than 4% at one point

LB Select

Meta Platforms

Alphabet

Alphabet - C

Microsoft

Apple

Amazon

Tesla

NVIDIA

Trump Media & Tech

Alibaba

JD.com

Li Auto

XPeng

Bilibili

NetEase

Baidu

Coinbase

Mara

Strategy

BABA-W

BABA-WR

NIO-SW

NIO Inc. USD OV

JD-SWR

JD-SW

BILIBILI-W

Pre-market trading in US stocks: Technology stocks, Chinese concept stocks, and cryptocurrency concept stocks all fell across the board!