<h3>U.S. Stock News</h3>
<ol>
<li>
XPeng Motors reported a first-quarter revenue of 6.55 billion RMB, with market estimates at 6.11 billion RMB; adjusted loss per share of 0.75 RMB in the first quarter; a net loss of 1.37 billion RMB in the first quarter; expected revenue of 7.5 to 8.3 billion RMB in the second quarter; expected delivery of 29,000 to 32,000 vehicles in the second quarter, while the market estimates 38,147 vehicles.
</li>
<li>
JD.com announced plans to issue $1.5 billion in principal amount of 2029 convertible senior notes, with the net proceeds intended for simultaneous repurchases, overseas business expansion, supply chain network improvement, and supplementing working capital. The company plans to grant the initial purchasers of the notes an option to purchase up to an additional $225 million in notes.
</li>
<li>
According to sources cited by Bloomberg, Tesla CEO Elon Musk plans to cut at least 10% of the workforce. This plan has been in effect for over a month but has not been completed yet, and the layoffs may continue at least until June.
</li>
<li>
Baidu's two main models of the Wenxin Big Model, ENIRE Speed and ENIRE Lite, are now completely free of charge, effective immediately.
</li>
<li>
There are reports that Tencent is considering investing in the AI startup Moonshot AI, with Tencent mainly aiming to establish deeper cooperation between WeChat and Moonshot AI's product Kimi intelligent assistant. Tencent has stated that it has no comment on this matter.
</li>
<li>
Alibaba Cloud announced the release of the GPT-4 level main model Qwen-Long for Tongyi Qianwen, with API input prices reduced from 0.02 yuan per thousand tokens to 0.0005 yuan per thousand tokens, a direct 97% decrease. This means that 1 yuan can buy 2 million tokens. This model supports a maximum of 10 million tokens for long text input, which is now approximately 1/400 of the GPT-4 price after the price reduction.
</li>
</ol>
<h3>Pre-market Movers</h3>
In pre-market trading, the three major stock index futures in the U.S. are mixed, with the fear index declining.
Bitcoin is currently trading at $71,024, up over 6% in the past 24 hours; Ethereum is trading at $3,680, up over 18% in the past 24 hours.
Meme stocks collectively fell in pre-market trading, while cryptocurrency-related stocks rose. Chinese concept stocks and technology stocks generally fell.
Faraday Future FFIE fell over 19% at one point, GameStop GME and AMC Theatres fell over 3%, CRKN rose over 30% at one point, now down 20%.
Coinbase is up 3%, Marathon Digital is up over 1%, Microstrategy is up 1%.
Tesla is down nearly 1%, NVIDIA, Microsoft, and Amazon are slightly up, while AMD, Meta, and Apple are down
XPeng Motors surged over 12% after earnings, now up 6%; JD.com, Bilibili dropped over 4%, Li Auto, Baidu dropped over 3%, Alibaba, NetEase dropped over 2%, Pinduoduo dropped over 1%.
On individual stocks, Larimar Therapeutics surged over 26% at one point, now up 18%, FDA lifts some clinical restrictions.
&#34;Vietnam's Tesla&#34; VinFast fell 10%, US NHTSA launches related accident investigation.
Gaotu plummeted over 8%, Q1 adjusted net profit down 97.7% year-on-year.
<h3>Strategy Review</h3>
1. Five things the market is most concerned about in NVIDIA's financial report
Can the record-breaking performance exceed expectations? How is the performance of the data center business revenue? Is the future performance guidance optimistic? Details on the new product Blackwell? Will there be a stock split?
2. How much impact will the financial report have? Options market bets NVIDIA's stock price volatility will exceed 10%!
Since the beginning of this year, NVIDIA's stock price has surged by over 80%, and related options trading has been favored by investors. Options trading volume and open interest have surged in the past year. However, the latest options trading data shows that some investors are starting to take a cautious stance, with an increase in Put options betting on a decline in NVIDIA's stock price.
3. Tencent's market value approaches 4 trillion
The &#34;Stock King&#34; staging a comeback signifies a significant shift in investor sentiment towards Tencent. Driven by factors such as performance, a hundred billion buyback plan, and the surge in the Hong Kong stock market, Tencent is making a comeback, leading the charge in the long-suppressed Hong Kong stock market

Faraday Future FFIE fell more than 19% in pre-market trading, GameStop GME and AMC movie theaters fell more than 3%, CRKN surged more than 30% at one point, now down 20%. XPeng Motors surged more than 12% after earnings, now up 6%. "Vietnam's Tesla" VinFast fell 10%. Hozon fell more than 8%

LB Select

Faraday Future Intelligent Electric

GameStop

AMC ENT

Crown ElectroKinetics

XPeng

VinFast Auto

Meta Platforms

Alphabet

Alphabet - C

Microsoft

Amazon

Apple

Tesla

NVIDIA

Strategy

Coinbase

Mara

Alibaba

JD.com

Li Auto

Bilibili

NetEase

Baidu

Gaotu Techedu

Larimar Therapeutics

XPENG-W

Pre-market trading in US stocks | FFIE leads the plunge of Meme stocks! XPeng soared 6% after earnings!