Understanding the Market | Alibaba-W rose over 5% in early trading, with downloads of the Alibaba Qianwen model exceeding 700 million times, and Alibaba Cloud's revenue growth is expected to continue acceleratingNVIDIA and AMD debut at CES 2026, accelerating hardware evolution, with Wanxing Technology leading application layer iterationThe Hang Seng Index opened up 1.32%, and the Hang Seng TECH Index rose 1.93%Bond giants warn: "Sue Powell" is Trump's "own goal," it will only raise interest rates"Wealthfront, the pioneer of smart investment advisory," has a large asset scale of $92.8 billion, with revenue hitting a record high during the U.S. stock market bull runRare support! The Governor of the Bank of Canada publicly backs Powell: Central bank independence is "sacrosanct""Federal Reserve News Agency": Powell received a subpoena last Friday, and after contemplating over the entire weekend, the Federal Reserve Chairman decided to "openly confront Trump."Zhitong Hong Kong Stocks Early Knowledge | Four departments issued the "Working Measures for Strengthening the Layout Planning and Investment Guidance of Government Investment Funds (Trial)" Overnight, the China concept stock index rose 4.26%The U.S. stock earnings season is about to kick offThe spring of small-cap stocks has arrived! They have outperformed the S&P 500 for seven consecutive days, setting the longest record in seven yearsReminder: Please pay close attention to the following (all times are in Beijing time)Trump announces a cap on credit card interest rates, putting pressure on the financial sector; analysts say congressional legislative support is neededMeta plans to reduce investment in its metaverse team and hire former Trump administration officials to strengthen its political and AI layoutIs the investigation into Powell causing internal strife? FHFA Director is accused of being the behind-the-scenes mastermind, Bessent warns of "creating chaos," and the White House states that Trump did not direct any actionsAll living former chairs of the Federal Reserve and several former U.S. Treasury Secretaries jointly condemn the criminal investigation of PowellMeta plans to cut about 10% of employees in the Reality Labs divisionThe medium- to long-term U.S. Treasury yields rose by more than 2 basis pointsMeta appoints AI "big steward": former Trump advisor named president, Zuckerberg assembles executive team to oversee data center investmentsMeta appoints former Trump advisor as president and vice chairmanNVIDIA partners with Eli Lilly to enhance AI in pharmaceuticals, investing $1 billion over five years to co-establish a joint laboratory in Silicon Valley[Apple Chooses Google Gemini to Power AI Version of Siri Coming This Year] Apple is partnering with Google to provide artificial intelligence capabilities for products like Siri, which are set to launch later this year. A statement reveals that this multi-year partnership will leverage Google's Gemini model and cloud technology to build Apple's future foundational models. Apple stated in the announcement, "After careful evaluation, we have determined that Google's technology provides the most robust foundation for 'Apple Foundation Models.' We are very much looking forward to the innovative experiences this collaboration will unlock for users." (CNBC)"Sell America" returns! Powell's investigation triggers a "triple kill" in stocks, currencies, and bonds, with gold prices soaring past $4,620 to set a new historical highGlobal news you need to know before Monday's U.S. stock market opensFederal Reserve Chair nominee Hassett: Respect independence but question the Federal Reserve's overspending, the economy has not prospered due to the Federal ReserveHong Kong Stock Market Review: The Market Goes CrazyApple returns to the world's number one smartphone position! Wedbush remains bullish: four favorable factors support a potential 35% increase this yearLoose trading is approaching, and innovative drugs continue to reboundThe retail sector welcomes the "Golden Week"? The ICR Conference is coming, and these five U.S. stocks are highlighted for attentionCatch up with SpaceX: Europe, Canada, and Japan are all making efforts, and even India is getting involvedFrom Cars to Dreams: Is AI TSLA at RMB 1.5tn overvalued?The US stock Q4 earnings season begins! Goldman Sachs: S&P 500 earnings expectations are "too conservative," this week's bank stock performance will be a key indicatorMicron executives interpret: Why is it difficult to improve memory shortages before 2028 despite huge investments?Trump calls for a 10% cap on credit card interest rates! Related US stocks of credit cards and issuing institutions fell sharply in pre-market trading