Market Overview
▪ On February 25th, Beijing time, U.S. stocks closed higher across the board on Tuesday, with the Nasdaq leading the gains by over 1%. The market continued its strong trend, with major indices oscillating and consolidating at high levels.
By the close, the Nasdaq rose 1.04% to 22,863.68 points, the S&amp;P 500 index increased by 0.77% to 6,890.07 points, and the Dow Jones Industrial Average closed up 0.76% at 49,174.5 points. Although none of the three major indices set new highs since the peak on February 10th, the closing prices were just shy of the previous highs, indicating strong bullish sentiment at this level, with technical patterns remaining intact. The market will focus on whether a collective breakthrough can be achieved.
Sector Performance
▪ The semiconductor sector showed an overall upward trend, driven by AI chip collaborations and earnings expectations. AMD (AMD.US) surged 8.76% following the announcement of a historic AI chip collaboration agreement with Meta, significantly challenging NVIDIA's position in the AI computing field; NVIDIA (NVDA.US) rose 0.68%, with options data showing strong bullish sentiment as the market awaits its Q4 earnings report; Micron Technology (MU.US) fell 0.70%, experiencing a slight adjustment despite benefiting from HBM capacity ramp-up.
▪ The automotive manufacturing sector performed well, boosted by new vehicle launches and strategic transformations. Ford Motor Company (F.US) rose 4.10%, with Q4 revenue exceeding expectations and management reaffirming its strategic focus on transitioning to affordable electric vehicles; Tesla (TSLA.US) increased by 2.38%, launching a more affordable version of the Cybertruck and adjusting the prices of high-end models, along with rumors of potential integration with SpaceX or xAI, which sparked market enthusiasm; General Motors (GM.US) rose 2.04%, officially starting production of new models aimed at regaining market share.
▪ The technology hardware and storage sectors showed divergent trends, with Apple's expansion unable to counter the selling pressure on storage stocks. Apple (AAPL.US) rose 2.23%, announcing an expansion of domestic manufacturing for AI servers, which helps strengthen supply chain resilience; SanDisk (SNDK.US) fell 4.19%, primarily affected by its parent company Western Digital (WDC.US) announcing a secondary stock offering to exit its holdings, despite some institutions raising its target price; Western Digital (WDC.US) itself also fell 3.51%, as the company focuses on its core data center business through asset sales.
Macroeconomic Background
▪ Signs of cooling in the U.S. labor market have drawn significant market attention. Non-farm payrolls added only 50,000 jobs in January, with the unemployment rate rising to 4.4%, indicating weak economic growth.
▪ Inflation concerns have been effectively alleviated, with data showing non-farm productivity soaring by 4.9% and unit labor costs declining, although wage growth remains at an annual rate of 3.8%.
▪ Macroeconomic data has reinforced investors' policy expectations, with the market currently betting that the Federal Reserve will lower interest rates to support the economy in achieving a &#34;soft landing.&#34;
Popular Stocks
▪ Edesa Biotech (EDSA.US) rose 67.96%, with a trading volume of $142 million. The company announced positive additional data from its Phase 3 clinical study of the candidate drug Paridiprubart, showing potential for treating severe diseases, significantly boosting investor confidence and leading to substantial capital inflow.
▪ Rich Sparkle (ANPA.US) rose 52.93%, with a trading volume of $49.7353 million. The stock surged significantly without any obvious specific news catalyst, continuing its recent high volatility, reflecting strong speculative sentiment driven by retail investor interest or technical factors.
▪ Brand Engagement Network (BNAI.US) rose 40.23%, with a trading volume of $91.4051 million. The company announced the termination of a $50 million equity financing agreement, alleviating concerns about short-term large-scale equity dilution, which the market interpreted as a positive signal of confidence in cash flow.
▪ Clarivate (CLVT.US) rose 39.88%, with a trading volume of $99.8749 million. The Q4 results and 2026 financial guidance exceeded market expectations, and the strong earnings data eased market concerns about the company's debt and growth, triggering a rebound in the stock price.
Market Trading Volume TOP10
▪ NVIDIA (NVDA.US) latest trading price $192.86, up 0.68%, trading volume $32.82 billion
▪ Tesla (TSLA.US) latest trading price $409.38, up 2.39%, trading volume $23.371 billion
▪ SanDisk (SNDK.US) latest trading price $638.52, down 4.20%, trading volume $19.276 billion
▪ AMD (AMD.US) latest trading price $213.84, up 8.77%, trading volume $17.213 billion
▪ Micron Technology (MU.US) latest trading price $418.01, down 0.70%, trading volume $13.973 billion
▪ Microsoft (MSFT.US) latest trading price $389, up 1.18%, trading volume $12.674 billion
▪ Apple (AAPL.US) latest trading price $272.14, up 2.24%, trading volume $12.581 billion
▪ Amazon (AMZN.US) latest trading price $208.56, up 1.60%, trading volume $8.471 billion
▪ Google -A (GOOGL.US) latest trading price $310.9, down 0.19%, trading volume $7.891 billion
▪ Broadcom (AVGO.US) latest trading price $325.49, down 1.47%, trading volume $6.907 billion

NVDA

On February 25th, Beijing time, U.S. stocks closed higher across the board, with the NASDAQ rising 1.04% to lead the gains. Driven by positive news from Meta's collaboration, AMD surged 8.76%, boosting the chip sector, while Tesla increased by 2.38%, strengthening automotive stocks. Macroeconomic data showed a cooling labor market, with the unemployment rate rising to 4.4%, reinforcing investors' bets on the Federal Reserve cutting interest rates to support a "soft landing" for the economy. Although the major stock indices did not reach new highs for the phase, the high-level consolidation indicates a strong willingness of bullish funds to support

- On February 25, U.S. stock indices closed higher, with the Nasdaq rising over 1%, while all major indices remained close to their recent highs.  
- The semiconductor sector saw strong gains, particularly driven by AMD's partnership with Meta, boosting its stock by 8.76%, while automotive stocks also performed well, with Ford up 4.10% after exceeding revenue expectations.  
- Macro data indicates a cooling labor market and easing inflation concerns, as expectations grow for potential interest rate cuts by the Federal Reserve to support a "soft landing" for the economy.

Market Pulse

NVIDIA

Micron Tech

Ford Motor

General Motors

Tesla

Western Digital

Apple

Sandisk

Edesa Biotech

Brand Engagement Network

Rich Sparkle

Clarivate

Direxion Semicon Bull 3X

Invesco QQQ Trust

Fidelity Nasdaq Composite Index ETF

GraniteShares 1.25 Long TSLA Daily ETF

First Trust NASDAQ-100 Equal Weighted

Leverage Shares 2X Long TSLA Daily ETF

GraniteShares 2x Long TSLA Daily ETF

NASDAQ Composite Index

Nasdaq

T-Rex 2X Long Tesla Daily Target ETF

Direxion Daily TSLA Bull 2X Shares

Invesco Semiconductors ETF

Simplify Volt TSLA Revolution ETF

iShares Semiconductor ETF

Invesco Nasdaq 100 ETF

VanEck Semiconductor ETF

U.S. stock market close | NASDAQ rose 1.04%, AMD surged 8.76% leading chip stocks, Tesla rose 2.38%