<h3>Overnight Market Overview</h3>
<p>Before the release of the significant CPI in the United States, the performance of U.S. stocks was mixed. The energy sector rose over 2%, supporting a thrilling rebound in the S&amp;P, while technology stocks continued to drag down the market. The Nasdaq initially fell nearly 2% but erased most of its losses, with NVIDIA dropping nearly 5% during the day before closing down nearly 2%. Tesla initially fell nearly 4% but turned to gain over 2% by the close.</p>
<p>AI concept stocks fell broadly. Serve Robotics dropped 21%, and SoundHound AI, in which NVIDIA holds shares, fell 9%, marking five consecutive days of decline.</p>
<p>Quantum computing concept stocks plummeted significantly, with QBTS and RGTI down over 30%, QUBT down 27%, and Quantum QMCO down 23%.</p>
<p>United States Steel Corporation (X) rose 9% at one point, reaching a one-month high. According to CNBC, Cleveland-Cliffs has formed a partnership with Nucor regarding a potential acquisition of United States Steel.</p>
<h3>Report: NVIDIA AI Chip Malfunction Leads Microsoft and Other Clients to Cut Orders! Stock Price Plummets Nearly 5% at One Point</h3>
<p>Reports indicate that NVIDIA's latest generation AI chip, Blackwell, encountered technical issues when deployed to data centers, including server rack overheating and chip connection anomalies, causing several clients (such as Microsoft, AWS, Google, and Meta) to delay data center plans and reduce orders. Following the news, NVIDIA's stock fell over 4.7% at one point.</p>
<h3>Morgan Stanley Raises Tesla Target Price, Most Optimistic Expectation Doubles to $800</h3>
<p>Morgan Stanley analysts reiterated that Tesla remains their &#34;preferred&#34; stock, raising the target price by 7.5% to $430. They emphasized the potential for Tesla's autonomous vehicle technology and embodied intelligence (EAI) to drive stock price growth, stating that Tesla's overall potential market scope will further expand, covering &#34;many areas not yet included in the company's buyer or seller financial models.&#34;</p>
<h3>After Jensen Huang, Zuckerberg Also Throws Cold Water, Quantitative &#34;Demon Stocks&#34; Reenact Last Week's Double-Digit Decline</h3>
<p>After Jensen Huang stated last week that quantum computing applications would take decades, Zuckerberg remarked that quantum computing is still a long way from becoming a very useful paradigm, with many expecting it may take over ten years. On Monday, D-Wave Quantum and Rigetti Computing both fell over 30%.</p>
<h3>Apple's AI Launch in China Changes, iPhone Global Market Share Declines</h3>
<p>Market research data shows that in 2024, iPhone's global market share declined by 1%, with sales down 2% year-on-year. Currently, Apple's Apple Intelligence has not yet launched in the Chinese market, and analysts expect iPhone shipments to decline by 6% year-on-year in the first half of this year. Zuckerberg believes that the sales difficulties of the iPhone are due to the new models not showing significant improvements compared to previous versions.</p>
<h3>Pony Ma's Internal Speech Exposed</h3>
<p>At the 2024 annual employee meeting, Pony Ma stated that Tencent's overseas gaming business share has approached half of its domestic gaming share, and there will be faster development in the future. He also mentioned that products should not be limited to video accounts but should be integrated into the entire WeChat ecosystem, &#34;thinking about e-commerce from an atomic level,&#34; and firmly supports the WeChat business group in making such innovative developments, looking forward to more &#34;blue packages&#34; and new ideas in the future</p>
<h3>Global smartphone sales in 2024 bid farewell to the lowest point in a decade, with Xiaomi experiencing the fastest growth</h3>
<p>Samsung continues to lead the market, holding a 19% market share, while Apple ranks second with an 18% market share. Over the past year, Xiaomi has grown the fastest among the top five brands, capturing 14% of the global market share.</p>
<h3>New U.S. Treasury Secretary Basant's holdings: S&amp;P 500, Nasdaq, Bitcoin</h3>
<p>Basant holds over $50 million in S&amp;P 500 and Nasdaq ETFs, $250,000 to $500,000 in iShares Bitcoin Trust ETF, and over $50 million in U.S. Treasury bonds. Additionally, his portfolio includes various assets such as artworks, antiques, farmland, and luxury homes, with total assets amounting to at least $521 million.</p>
<h3>Johnson &amp; Johnson's $10 billion acquisition of Intra-Cellular, with the latter's stock price soaring, up 34% on Monday</h3>
<p>This is the largest deal in the biotechnology sector in nearly two years and the first biopharmaceutical merger exceeding $10 billion in 2024, indicating a resurgence in merger activity within the healthcare industry. Goldman Sachs states that large biopharmaceutical companies have a potential financing capacity of at least $500 billion, providing significant operational space for R&amp;D investments and merger expansions.</p>
<h3>China's central bank stabilizes the exchange rate with further actions</h3>
<p>The People's Bank of China and the State Administration of Foreign Exchange have decided to raise the macro-prudential adjustment parameter for cross-border financing by enterprises and financial institutions from 1.5 to 1.75, effective January 13, 2025. Raising the &#34;macro-prudential adjustment parameter&#34; can increase the upper limit of cross-border financing for enterprises and financial institutions, encouraging them to increase cross-border financing, leading to an increase in cross-border capital inflows, thereby increasing foreign currency supply and helping to curb the rapid depreciation of the Renminbi from a supply-demand perspective.</p>
<h3>Death toll from Los Angeles wildfires rises to 24, with overhead power lines possibly being the source</h3>
<p>There is public opinion suggesting that, in addition to seasonal strong winds, negligence in management by the power sector is a major cause of this fire incident. An increasingly supported theory posits that overhead power lines, still operational before the fire, were blown down by strong winds, igniting dry vegetation and triggering the disaster</p>

NVDA

QBTS

RGTI

QUBT

QMCO

<p>Following Jensen Huang, Mark Zuckerberg also poured cold water on the situation, stating that "computers will take years to have quantum computing capabilities," leading to a widespread double-digit drop in quantum computing concept stocks. NVIDIA once fell nearly 5% due to reports of technical issues such as server rack overheating and chip connection anomalies at Blackwell, causing multiple clients (such as Microsoft, AWS, Google, and Meta) to delay data center plans and reduce orders</p>

- U.S. stock performance was mixed ahead of the crucial CPI release, with energy stocks rising over 2% while tech stocks lagged.  
- Nvidia faced a nearly 5% drop due to AI chip issues, prompting clients like Microsoft to cut orders, while Tesla's target price was raised by Morgan Stanley.  
- The Chinese central bank adjusted cross-border financing parameters to stabilize the yuan, and the death toll from Los Angeles wildfires rose to 24, attributed to power line management failures.

LB Select

NVIDIA

D-Wave Quantum

Rigetti Computing

Quantum Computing

Quantum

TENCENT

Alphabet

Amazon

CNI BIOMEDICINE

GraniteShares 2x Long NVDA Daily ETF

Hashdex Bitcoin Futures ETF

Alphabet - C

Apple

IEIT

Goldman Sachs

Fidelity Wise Origin Bitcoin Fund - ETF

Huaqin

Meta Platforms

XIAOMI-W

FA SAMSUNG BTC

GraniteShares 2x Long COIN Daily ETF

HON-Flex

FI CSOP BTC

US Steel

NU Holdings

ProShares Ultra Bitcoin ETF

Bitwise Bitcoin ETF

Nucor

CoinShares Bitcoin ETF

Invesco Galaxy Bitcoin ETF

Grayscale Bitcoin Trust BTC - ETF

SHANGHAI FOREIGN SERVICE HOLDING

IFLYTEK

VanEck Semiconductor ETF

VanEck Bitcoin ETF

SENSETIME-W

BOS HSK BTC

FA CSOP BTC

HAIER BIOMEDICAL

HGI BTC

Direxion Semicon Bull 3X

Destiny Tech100

iShares Bitcoin Trust ETF

YieldMax NVDA Option Income Strategy ETF

Microsoft

Morgan Stanley

Johnson & Johnson

WisdomTree Bitcoin Fund

ARK 21Shares Bitcoin ETF

Franklin Bitcoin ETF

SoundHound AI

Direxion Daily TSLA Bull 2X Shares

CAM BTC

Samsung Electronics 

Breakfast | Quantum Computing "meme stock" plummets over 30% again! Reports indicate NVIDIA AI chip failures lead to major clients cutting orders