Tesla's fourth-quarter delivery volume was 418,227 vehicles, falling short of expectations and significantly lagging behind BYD for the entire year

Tesla's fourth-quarter delivery volume decreased by 16% year-on-year to 418,227 vehicles, compared to an estimate of 440,907 vehicles. In contrast, BYD achieved growth in both fourth-quarter and annual sales of battery electric vehicles, with annual deliveries approaching 2.26 million electric vehicles, while Tesla delivered 1.64 million vehicles

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U.S. stock market early trading: Nasdaq up 1%, China concept index up nearly 3%, Baidu up about 11%, Tesla up about 2%

The Dow Jones rose by 0.2%, and the S&P 500 index rose by 0.5%. Chinese concept stocks generally rose, with Baidu up about 11%, Alibaba up about 4%, and NIO up about 4%. Technology stocks generally rose, with Tesla up about 2% and Micron Tech up about 5%

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Tesla's fourth-quarter delivery volume was 418,227 vehicles, estimated at 440,907 vehicles

Tesla's fourth-quarter delivery volume was 418,227 vehicles, estimated at 440,907 vehicles. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account individual users' specific investment goals, financial conditions, or needs. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investing based on this is at one's own risk

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Goldman Sachs hedge fund head: US stocks in 2025 will be "very good," and the market will be even more "wild" in 2026

In 2026, the market faces higher stakes: historically high price-to-earnings ratios, extremely narrow corporate credit spreads, ever-expanding sovereign debt, and astronomical AI capital expenditures

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Labubu's price has collapsed, but Wang Ning is smiling

The price of Labubu has significantly dropped over the past year, with the average price in the second-hand market falling from 1,478 yuan to 632 yuan, and some styles even below the original price. Resellers indicate that the current market environment is not as favorable as last year, with profits greatly reduced, and the current earnings are just small change. Although some blind boxes still have a six-fold premium, the current situation is disappointing compared to the high prices a few months ago

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Samsung Electronics surged 7%, with the CEO declaring, "Samsung is back," as HBM4 regains customer trust

Driven by positive statements from the company's senior management regarding the regained customer recognition of HBM4 (fourth-generation high bandwidth memory) business, Samsung Electronics' stock price surged 7.2% on Friday, reaching a record closing high, which propelled the Korea Composite Stock Price Index to rise 2.3%, breaking the 4,300-point barrier for the first time in history

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U.S. stock futures rise, gold and silver lead the rebound in precious metals, and the dollar weakens

The MSCI Asia-Pacific Index rose by 0.5%, directly driving the Nasdaq 100 futures up by 0.58% during the Asian session, while the S&P 500 futures followed with a gain of 0.39%. The precious metals market also strengthened, with spot gold rising by 1% during the day and stabilizing above USD 4,350 per ounce. The US dollar index continued its worst annual performance since 2017, slightly declining during the day

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On the first trading day of the New Year, Hengke rose over 3%, BIREN TECH surged nearly 120%, Baidu jumped 7%, and the Renminbi continued to strengthen

As of the midday break, the Hang Seng Index rose by 2.18%, with the market's half-day trading volume reaching HKD 76.869 billion. "The first GPU stock in Hong Kong," BIREN TECH, once surged over 118% during the session, narrowing its gain to 73% by the midday break. Baidu's stock price soared over 7% after the company announced the spin-off of its AI chip company Kunlun Core for a listing in Hong Kong. The offshore RMB briefly broke the 6.97 mark, reaching a new intraday high since May 2023

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HK market off to a roaring start; BIDU's Kunlun Chip gears up for HK IPO | Daily News Recap

0102 | Dolphin Research Key Watch: 🐬 Macro/Industry. 1) As the new year begins, major NEV makers released Dec 2025 delivery data to close out the year.BYD sold 420.4k units in Dec, with 4.6mn units for the full year, retaining the industry lead. Leapmotor delivered 60.4k in Dec (+42% YoY), and nearly 600k for the year, doubling YoY.Xiaomi deliveries topped 50k for the first time, with the YU7 model standing out. Nio delivered 48.1k, a new monthly high. Li Auto delivered 44.2k in Dec...

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Four International Rules for Stabilizing and Rebounding Housing Prices

CSC stated that, first, the trading volume stabilizes ahead of price recovery; second, core city housing prices rebound first; third, monetary easing (with the 10-year government bond yield not exceeding 200 basis points above core inflation) is a necessary condition; fourth, improving economic growth expectations are a fundamental prerequisite. The experience of most countries shows that the monetary policy cycle lasts 4-7 years, and the real estate cycle also requires 4-7 years to bottom out and recover. In special circumstances (such as Japan), it may take a longer cycle to emerge from negative drag

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Report: OpenAI's first "AI hardware" is a "smart pen" or "audio device," exclusively manufactured by Hon Hai Precision Industry Co., Ltd., expected to be launched this year or next year

For Hon Hai, this means that the company has successfully achieved full coverage of orders from OpenAI, ranging from "cloud" (AI servers) to "end" (terminal devices), and has taken the lead in the contract manufacturing industry to complete a closed-loop layout for the OpenAI ecosystem

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Tesla's Q4 deliveries are expected to drop by 15%, and Wall Street has significantly lowered its 2026 sales forecast to 1.8 million vehicles

According to Bloomberg data, Tesla is expected to deliver approximately 440,900 vehicles in the fourth quarter, a year-on-year decrease of 11%, which means the company's sales in the second half of the year will be lower than the same period last year. Additionally, according to data compiled by Bloomberg, Wall Street's delivery expectations for Tesla in 2026 have been significantly revised down from over 3 million vehicles to about 1.8 million vehicles

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Delivering 4.6 million vehicles in 2025! BYD growth of 7.7% vs Tesla expected decline, firmly securing the title of "global electric vehicle leader"

In 2025, BYD's pure electric vehicle sales will surpass Tesla for the first time. BYD announced on Thursday that its pure electric vehicle sales are expected to grow by 28% year-on-year, reaching 2.26 million units, surpassing Tesla (projected at 1.64 million units) to become the global leader. Last year, BYD intensified its efforts in the Latin American, Southeast Asian, and African markets, leveraging its cost advantages across the entire industry chain to replicate its success in China in price-sensitive emerging markets

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Strict control over gold trading! Central banks worldwide "get involved personally," "directly purchasing" domestic gold mines to prevent smuggling and exports

Against the backdrop of soaring gold prices, global artisanal gold smuggling has surged, causing gold-producing countries like Madagascar to face billions of dollars in fiscal "blood loss." To curb illegal outflows, central banks in multiple countries are breaking conventions to "accumulate reserves." While expanding official reserves and foreign exchange, regulators are attempting to use emerging technologies such as isotope scanning to solve the compliance challenges of "conflict gold" entering the treasury

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