<h3>U.S. Stock News</h3>
<ol>
<li>
In April, China's exports increased by 1.5% year-on-year (in USD), exceeding expectations of 1.3%, with a previous value of -7.5%. China's imports in April increased by 8.4% year-on-year (in USD), surpassing expectations of 4.7%, with a previous value of -1.9%.
</li>
<li>
Housing purchase restrictions have been lifted in Hangzhou and Xi'an, leaving only 6 provinces and cities in China still implementing such restrictions. Apart from Hainan Province, core cities like Beijing, Shanghai, and Shenzhen maintain strict policies, while cities like Guangzhou and Tianjin still have restrictions in certain core areas. The Hengqin area in Zhuhai continues to enforce purchase restrictions.
</li>
<li>
Alibaba Cloud officially released the TONGYI QIANWEN 2.5, with improvements in comprehension, logical reasoning, instruction following, and coding abilities by 9%, 16%, 19%, and 10% respectively compared to the 2.1 version. On the authoritative benchmark OpenCompass, TONGYI QIANWEN 2.5 achieved a score equal to GPT-4Turbo, marking the first time a domestic large model has achieved this result.
</li>
<li>
Musk posted that the FSD (Full Self-Driving) feature of the Cybertruck is expected to be launched in the next few months.
</li>
<li>
Nio's second brand, LeDao Auto, will be unveiled on International Family Day on May 15th. The first model, LeDao L60, will target Tesla's Model Y, focusing on the 250,000-level smart pure electric SUV market for household use.
</li>
<li>
Intel stated in a filing with the U.S. Securities and Exchange Commission (SEC) that the U.S. Department of Commerce &#34;revoked certain licenses to export consumer-related products to Chinese customers, effective immediately. As a result, the company expects its revenue for the second quarter of 2024 to remain within the original guidance range of $12.5 billion to $13.5 billion, but actual revenue will be lower than the previously expected midpoint.&#34;
</li>
<li>
Taobao revealed that the Vision Pro official version will open trading functions.
</li>
</ol>
<h3>Pre-market Movement</h3>
In pre-market trading, futures for the three major U.S. stock indexes are down, while the fear index is rising.
Bitcoin is currently trading at $61,103, down 2% in the past 24 hours; Ethereum is trading at $2,974, down nearly 1% in the past 24 hours.
Tech stocks and cryptocurrency-related stocks are generally down, while Chinese concept stocks are mostly up.
XPeng and Bilibili are up over 3%, Nio is up over 2%, NetEase, Li Auto, and JD.com are up over 1%, Alibaba, Pinduoduo, and Baidu are up nearly 1%.
Tesla is down over 1%, AMD, NVIDIA, and Meta are all down.
Marathon Digital is down over 2%, Microstrategy is down nearly 2%, Coinbase is down nearly 1%.
In terms of individual stocks, ARM briefly fell by 10% due to a decline in Q4 shipments and a weak revenue outlook for the 2025 fiscal year.
Airbnb is down over 8% due to lower-than-expected growth in Q1 bookings and second-quarter revenue guidance
Beyond Meat once fell more than 16%, with Q1 net revenue dropping nearly 20% below expectations.
Robinhood surged nearly 6% at one point, turning losses into profits year-on-year in Q1.
Duolingo plummeted by 15% at one point, with strong Q1 performance but slightly lower guidance for the next quarter than expected.
RenDing Medicine soared by 23% at one point, with Q1 product revenue increasing by nearly 40% year-on-year.
Bumble rose by nearly 14% at one point, turning losses into profits in Q1 and exceeding expectations, with a 14% growth in paid users.
SolarEdge dropped by 10% at one point, with Q1 revenue declining and Q2 guidance below expectations.
Dutch biotechnology company Argenx fell by 10% at one point, with Q1 revenue below expectations.
Marketing software developer HubSpot dropped by over 4%, with weak Q2 revenue guidance.
AMC Theatres fell by nearly 4%, with the CEO warning that Q2 box office revenue will be significantly lower than the same period last year.
Toyota fell by over 2%, with weak guidance for the 2025 fiscal year.
<h3>Strategy Review</h3>
1. Bitcoin sets a record for the longest consecutive decline this year! Is the cryptocurrency bull market over?
Bitcoin has been falling for five consecutive days, marking the longest decline since October last year. Reduced inflows into U.S. Bitcoin ETFs, combined with the Federal Reserve's &#34;higher-for-longer&#34; outlook, have collectively pushed down the prices of digital assets.
2. &#34;Seize the opportunity to buy on the dip&#34;! Analyst: Disney is clearing the way for &#34;long-term profitability&#34;
As Disney adapts to profitable streaming services, investors will begin to consider long-term profitability and what Disney+ means for the future of the entertainment industry. The analyst said, &#34;I do believe there is upside potential in the stock price. I will take advantage of this pullback, and I expect the stock price to rise significantly over the next three to six months.&#34;
3. Riding the AI trend, TSMC could reach $185?
Analysts predict that TSMC could reach $185 in an optimistic scenario and stabilize around $150 by the end of 2024. Fibonacci retracement suggests that the key support level is $123. $109 is a crucial mid-term support level on the downward trajectory. However, considering the current price momentum, the likelihood of falling to this level is low

XPeng and Bilibili rose more than 3% in pre-market trading, Nio rose over 2%, NetEase, Li Auto, and JD.com rose over 1%, Alibaba, Pinduoduo, and Baidu rose nearly 1%. ARM fell 10% at one point. Beyond Meat fell over 16% at one point. Duolingo plummeted 15% at one point. Reddy Medicine surged 23% at one point. Robinhood rose nearly 6% at one point

LB Select

XPeng

Bilibili

NetEase

Li Auto

JD.com

Alibaba

Baidu

Beyond Meat

Duolingo

Zai Lab

Robinhood

Meta Platforms

Alphabet

Alphabet - C

Microsoft

Apple

Amazon

Tesla

NVIDIA

Strategy

Coinbase

Mara

Airbnb

Bumble

Solaredge Tech

Argenx

HubSpot

AMC ENT

Toyota Motor

BABA-W

BIDU-SW

BILIBILI-W

XPENG-W

BABA-WR

BIDU-SWR

Pre-market trading in US stocks | XPeng, Bilibili lead gains in Chinese concept stocks! Tesla falls 1%, leading the decline in tech stocks