<h3>U.S. Stock News</h3>
<ol>
<li>
At the invitation of the Chinese side, representatives of the Palestinian National Liberation Movement and the Islamic Resistance Organization recently came to Beijing for consultations, engaging in in-depth and candid dialogues to promote internal reconciliation in Palestine. Both sides fully expressed their political willingness to achieve reconciliation through dialogue and negotiation, discussed various specific issues, made positive progress, and agreed to continue this dialogue process, striving to achieve Palestinian unity at an early date.
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The Political Bureau of the Communist Party of China Central Committee held a meeting on April 30. The meeting emphasized the need to continue preventing and resolving risks in key areas. In light of the new changes in the supply and demand relationship in the real estate market and the new expectations of the people for quality housing, policies and measures for digesting existing housing stock and optimizing new housing stock will be studied comprehensively. Efforts will be made to build a new model for real estate development to promote high-quality development of the real estate sector.
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Tesla and Baidu Maps have exclusively customized lane-level high-definition maps.
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</ol>
Insiders revealed that in the maps approved by the Ministry of Natural Resources, the GS (2023) 4634 high-precision assisted driving map submitted by Baidu for navigation is the lane-level map completed through cooperation between the two parties.
Baidu Maps also stated that the lane-level map data is fully open for cooperation, and has completed advanced assisted driving verification and fully autonomous driving verification for relevant car manufacturers. Insiders mentioned that the aforementioned car manufacturers include Tesla.
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According to The Information, two senior executives, Rebecca and Daniel, will leave Tesla. Musk plans to carry out more layoffs. The Supercharger team will be reduced by about 500 people. Tesla will dissolve the public policy team.
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On April 30, Li Auto announced that within 12 days of L6's listing, the cumulative orders exceeded 20,000 units, with over 2,000 units delivered within 6 days. Li Auto revealed that the delivery center will operate normally during the May Day holiday, and the factory end will also accelerate production capacity.
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The CEO of Microsoft stated that Microsoft plans to invest $1.7 billion in Indonesia.
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According to The Wall Street Journal, Goldman Sachs is reportedly in talks to transfer its credit card business with General Motors to Barclays.
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Adidas' first-quarter report shows that the company achieved global revenue of 5.458 billion euros, an 8% increase year-on-year at constant currency rates; operating profit was 336 million euros, with a gross profit margin increasing by 6.4 percentage points to 51.2% year-on-year, exceeding expectations across the board. In particular, the Greater China region contributed revenue of 900 million euros in the first quarter, an 8% year-on-year growth.
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</ol>
<h3>Pre-Market Movers</h3>
In pre-market trading, futures for the three major stock indexes in the U.S. and the fear index all fell.
Bitcoin is currently trading at $61,655, down over 1% in the past 24 hours; Ethereum is trading at $3,041, down over 4% in the past 24 hours.
Cryptocurrency concept stocks experienced a significant decline pre-market, while technology stocks and Chinese concept stocks showed mixed movements.
<img src="https://pub.pbkrs.com/cms/2024/0/rGxW2WChmLo1xXSe4XeRg1TL2kseys5G.jpg?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/cms/2024/0/rGxW2WChmLo1xXSe4XeRg1TL2kseys5G.jpg"/>
<img src="https://pub.pbkrs.com/cms/2024/0/XohmMPYbqPyDFZm6sLfpDyrR453CiRMv.jpg?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/cms/2024/0/XohmMPYbqPyDFZm6sLfpDyrR453CiRMv.jpg"/>
Tesla fell more than 2%, while Nvidia, Meta, and Microsoft declined. Apple, AMD, and Amazon saw slight gains.
Nio rose by 3%, Pinduoduo rose by 0.5%, Baidu saw a slight increase, JD.com, Li Auto, Bilibili, and NetEase fell by over 1%, while XPeng and Alibaba dropped by nearly 1%.
Microstrategy fell by over 5%, Marathon Digital dropped by over 2%, and Coinbase fell by over 1%.
On individual stocks, Logitech briefly rose by nearly 12%, with Q4 sales revenue showing growth for the first time in two and a half years.
NXP Semiconductors briefly rose by 5%, with Q2 revenue and adjusted earnings per share guidance exceeding market expectations.
HSBC briefly rose by over 4%, declaring a total dividend of 31 cents for the first quarter, including a special dividend.
<h3>Strategy Review</h3>
1. How to view Musk's visit to China? Fuguo Bank: Limited impact on EPS, many details are still unclear
&#34;Cooperation with Baidu helps alleviate regulatory concerns about data security. However, details of economic and data sharing cooperation between the two parties have not been disclosed. In addition, Tesla's FSD system is solely based on vision and not map-dependent, so Baidu's role in FSD technology is still unclear.&#34;
2. Earnings Preview | iPhone sales in China plummet by 19%, the market may focus more on Apple's &#34;AI Vision&#34;
Apple will announce its 2024 fiscal second-quarter earnings after the market closes on May 2.
Due to the sharp decline in iPhone sales in the Chinese market, investors may pay more attention to Apple executives, including Cook, on the earnings conference call regarding the outlook and application plans for AI technology, as well as whether more information can be revealed about AI PCs and AI smartphones.
Tesla CEO Musk has set a good example, with management's ability to create a vision strong enough to boost investors' bullish confidence in the stock.
3. Earnings Preview | Super Micro Computer Q3 revenue expected to double, market share and integration of Nvidia's latest products are key
Top AI stock Super Micro Computer (SMCI) will announce its third-quarter results after the market closes on April 30.
Investors will focus on the company's performance in market share and the integration of Nvidia's latest products

Nvidia, Meta, and Microsoft fell in pre-market trading, while Pinduoduo rose by 0.5%. Baidu slightly rose, while JD.com, Li Auto, Bilibili, and NetEase dropped by over 1%. XPeng and Alibaba fell by nearly 1%. Microstrategy dropped by over 5%, Marathon Digital dropped by over 2%, and Coinbase dropped by over 1%. Logitech briefly rose by nearly 12%, NXP Semiconductors briefly rose by 5%, and HSBC briefly rose by over 4%

LB Select

Meta Platforms

Tesla

Alphabet

Alphabet - C

Apple

Amazon

NVIDIA

Microsoft

Alibaba

JD.com

Li Auto

XPeng

Bilibili

NetEase

Baidu

Strategy

Coinbase

Mara

Logitech

NXP Semiconductors

HSBC

Pre-market trading in US stocks | Tesla falls 2%, Nio rises 3%! Cryptocurrency concept stocks plummet