---
title: "Pre-market US stocks: Intel and AMD lead the technology sector! BABA-SWR rises, PDD falls."
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/106921637.md"
description: "Tech stocks are mostly up in pre-market trading, with Intel rising over 2%, AMD and Tesla up over 1%, and NVIDIA up nearly 1%. Chinese concept stocks are mixed, with Li Auto and Alibaba rising over 1%, JD.com and NIO-SW seeing gains, while Pinduoduo and XPENG-W are down over 1%."
datetime: "2024-01-29T10:14:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/106921637.md)
  - [en](https://longbridge.com/en/news/106921637.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/106921637.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/106921637.md) | [繁體中文](https://longbridge.com/zh-HK/news/106921637.md)


# Pre-market US stocks: Intel and AMD lead the technology sector! BABA-SWR rises, PDD falls.

### Top News in US Stocks

1.  At a regular press conference of the Chinese Ministry of Foreign Affairs, a Bloomberg reporter asked about the possibility of former US President Trump discussing with advisors the imposition of a 60% unified tariff on all Chinese imported goods. What is China's comment on this?

"We do not comment on unconfirmed news."

1.  At a regular press conference of the Chinese Ministry of Foreign Affairs, a reporter asked about the US's request for cloud computing companies to disclose information about foreign customers developing artificial intelligence applications on their platforms. This means that Washington can use these requests to cut off the main channels for Chinese people to access AI training and hosting critical services. What is the Ministry of Foreign Affairs' comment on this?

China urges the US not to violate the objective laws of technological development, sincerely respect the principles of market economy and fair competition, and create favorable conditions for strengthening international coordination and cooperation in the field of artificial intelligence.

1.  The State-owned Assets Supervision and Administration Commission of the State Council stated that based on the previous pilot exploration and experience accumulation, it will comprehensively promote the market value management assessment of listed companies.
    
2.  Business organizations from the United States, Europe, and Japan have called on the Biden administration to withdraw its decision to suspend approval of new export licenses for US liquefied natural gas (LNG).
    
3.  A Hong Kong judge pointed out that there has been no progress in EVERGRANDE's debt restructuring plan, and the company's assets are insufficient to cover its debts. The court has officially ordered the liquidation of EVERGRANDE.
    
4.  According to feedback from multiple netizens, the Edge browser warns that BIDU-SW search results are unsafe. The search results display a warning message saying "This website has been reported as unsafe." Users need to expand the details and then choose "Continue to this unsafe site (not recommended)" to access the relevant page. As of now, the issue has not been fixed.
    
5.  According to informed sources, Reddit, a social media company known as the "home of US retail investors" and owning well-known forums such as WallStreetBets, is considering going public in the US with a valuation of at least $5 billion.
    

### Pre-market Movement

In pre-market trading, the three major stock index futures showed mixed movements, and the fear index rose.

In the cryptocurrency market, Bitcoin is currently trading at $42,279, down 0.69% in the past 24 hours, while Ethereum is trading at $2,275, down 0.82% in the past 24 hours.

Most tech stocks rose in pre-market trading, with Intel up over 2% at one point, AMD and Tesla up over 1%, and Nvidia up nearly 1%.

Chinese concept stocks showed mixed movements, with Li Auto and Alibaba up over 1%, JD.com and Nio rising, and Pinduoduo and XPeng down over 1%.

In terms of individual stocks, Philips fell over 6% in pre-market trading after announcing the suspension of its ventilator products in the US.

### Strategy Review

**1\. Market Outlook: Will the US stock market rise or fall this year?**

Tianfeng Securities believes that the core of the 2024 US stock market trend is the valuation expansion under loose expectations. The main concern for the future performance of the US stock market is currently the high valuation. However, as long as there is no risk of deep economic recession after the shift in monetary policy, the US stock market should rise through valuation expansion.

**2\. Super Week for the US Stock Market! What to Focus On?**

This week will be the most important week for Wall Street in 2024 so far! Central bank policy meetings will be the focus, including the Federal Reserve and the Bank of England. The earnings season for the US stock market is entering a crucial stage, with most of the "Big Seven" companies set to announce their performance. In addition, key data such as the US January non-farm payroll report will also be released, and the US data is expected to support signs of a soft landing.

**3\. Tesla's Yearly Decline Exceeds 20%, Is It Enough?**

Morgan Stanley believes that Tesla may fall another 30%! Why? The price reduction strategy has eroded profits and failed to significantly increase revenue, which cannot prove that the current market valuation is reasonable!

**4\. Earnings Preview: After Suffering Setbacks, Will Apple's Q1 Performance Bring New Surprises?**

Analysts are optimistic about Apple's growth prospects, including the launch of new products and the development of artificial intelligence.

**5\. Earnings Preview: The New King of Stocks, Microsoft, is Coming! AI Draws Attention from All Sides**

Microsoft will release its earnings report after the market closes tomorrow, and institutions predict that its total revenue for the second quarter of the 2024 fiscal year will increase by nearly 16% year-on-year.

### 相关股票

- [Meta Platforms (META.US)](https://longbridge.com/zh-CN/quote/META.US.md)
- [Alphabet (GOOGL.US)](https://longbridge.com/zh-CN/quote/GOOGL.US.md)
- [Alphabet - C (GOOG.US)](https://longbridge.com/zh-CN/quote/GOOG.US.md)
- [Microsoft (MSFT.US)](https://longbridge.com/zh-CN/quote/MSFT.US.md)
- [Apple (AAPL.US)](https://longbridge.com/zh-CN/quote/AAPL.US.md)
- [Tesla (TSLA.US)](https://longbridge.com/zh-CN/quote/TSLA.US.md)
- [Amazon (AMZN.US)](https://longbridge.com/zh-CN/quote/AMZN.US.md)
- [NVIDIA (NVDA.US)](https://longbridge.com/zh-CN/quote/NVDA.US.md)
- [AMD (AMD.US)](https://longbridge.com/zh-CN/quote/AMD.US.md)
- [Intel (INTC.US)](https://longbridge.com/zh-CN/quote/INTC.US.md)
- [Koninklijke Philips Elect (PHG.US)](https://longbridge.com/zh-CN/quote/PHG.US.md)
- [Li Auto (LI.US)](https://longbridge.com/zh-CN/quote/LI.US.md)
- [Alibaba (BABA.US)](https://longbridge.com/zh-CN/quote/BABA.US.md)
- [JD.com (JD.US)](https://longbridge.com/zh-CN/quote/JD.US.md)
- [NIO Inc (NIO.US)](https://longbridge.com/zh-CN/quote/NIO.US.md)
- [PDD (PDD.US)](https://longbridge.com/zh-CN/quote/PDD.US.md)
- [XPeng (XPEV.US)](https://longbridge.com/zh-CN/quote/XPEV.US.md)
- [NetEase (NTES.US)](https://longbridge.com/zh-CN/quote/NTES.US.md)
- [Baidu (BIDU.US)](https://longbridge.com/zh-CN/quote/BIDU.US.md)
- [BABA-W (09988.HK)](https://longbridge.com/zh-CN/quote/09988.HK.md)
- [XPENG-W (09868.HK)](https://longbridge.com/zh-CN/quote/09868.HK.md)
- [BABA-WR (89988.HK)](https://longbridge.com/zh-CN/quote/89988.HK.md)

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