East Time on September 8th, Eastern Time, U.S. stock three major indexes closed up collectively. As of the close, Dow Jones Index rose 0.61% to 31,774.52 points; S&P 500 Index rose 0.66% to 4,006.18 points; Nasdaq Comprehensive Index rose 0.60% to 11,862.13 points.
Large Technology stocks rose and fell, Nvidia rose more than 2%, Facebook rose more than 1%, Intel rose slightly; Netflix, Apple , and Google fell slightly.
Leading the rise in technology stock list:
Leading the fall in technology stock list:
Chinese stocks rose and fell in different ways, NetEase fell nearly 2%, Baidu fell 1%, Pinduoduo fell 0.3%, and JD rose slightly. Among other stocks, iQiyi fell by more than 4%. After the major shareholder Prosus announced the reduction of holdings again in less than three months, Tencent fans fell by more than 3%, Kingsoft Cloud fell by 3%, Good Future fell by nearly 3%, Zhihu and NetEase Youdao fell by more than 2%, Alibaba fell by more than 1%, Vipshop fell by nearly 1%, and Thunder rose by more than 3%.
leading the rise in Chinese stocks list:
leading the fall in Chinese stocks list:
Automotive sector, Tesla closed up 1.96%, with a turnover of US$15.28 billion. Data released by the China Passenger Car Association on Thursday showed that Tesla's sales of Chinese-made cars in August were 76,965, an increase of 172.8% month-on-month.
Tesla China website information shows that the latest waiting time for the entry-level version of rear-wheel drive Model 3 and the dual-motor all-wheel drive Model 3 performance version are 6-10 weeks, which is 6 weeks shorter than the previous 12-16 weeks. The dual-motor all-wheel drive Model Y long-range version currently has an expected delivery date of 10-14 weeks, a 6-week decrease from the previous 16-20 weeks. The waiting time for the dual-motor all-wheel drive Model Y performance version has also been reduced by six weeks, from 12-16 weeks to 6-10 weeks. The current expected delivery date for the rear-wheel-drive Model Y entry-level model remains 1-4 weeks.
In addition, it is reported that Tesla is increasing its recruitment efforts for California's Gigafactory with a goal of producing 40 GWh of battery cells Megapack every year. Tesla has posted 37 job openings in California's Gigafactory on its official website, most of which are related to engineering and quality control, but there are also some production positions, which usually means that it is very close to the start of production.
NIO rose more than 1%, Xiaopeng Motors and Ideal Auto fell more than 2%.
In the second quarter of this year, due to the impact of the epidemic in Shanghai on the supply chain, the delivery volume of "Wei Xiaoli" has declined slightly to varying degrees. As the delivery of the higher-priced high-end sedan ET7 started, NIO's operating income exceeded 10 billion yuan for the first time, reaching 10.29 billion yuan; the operating income of Xiaopeng Motors and Ideal Auto declined slightly from the first quarter, reaching 7.436 billion yuan and 8.43 billion yuan respectively. In the first half of this year, the revenue of the three companies was RMB 202, RMB 14.89 and RMB 18.295 billion respectively.
However, all three companies have the highest single-quarter losses since 2021, with NIO, Xiaopeng and Ideal losing 2.757, 2.701 and 641 million yuan respectively. In the first half of this year, the losses of the three companies were RMB 4.54 million, RMB 4.402 million and RMB 652 million respectively. Due to the rising price of battery materials, the gross profit margins of the whole vehicle of the three companies have all declined.
In addition, on September 7, the second quarter financial report of NIO released by NIO showed that NIO's revenue exceeded 10 billion yuan for the first time in a single quarter. In the second quarter, the company achieved revenue of 10.29 billion yuan, a year-on-year increase of 21.8%, a record high in a single quarter; R&D expenditure of 2.15 billion yuan, a year-on-year increase of 143.2%, a record high in a single quarter. In addition, in the third quarter of 2022, NIO's delivery guidance was 31,000 to 33,000 vehicles, the highest delivery guidance in a single quarter.
Rivian rose 10.92%, and the company will build a joint venture factory for producing vans in Europe with Mercedes .
More automobile sector rises and falls and market value rankings
European time on Thursday, major European stock indexes rose and fell. As of the closing, the UK FTSE 100 index closed at 7262.06 points, up 24.23 points from the previous trading day, up 0.34%; France CAC40 index closed at 6125.90 points, up 19.98 points from the previous trading day, up 0.33%; Germany DAX30 index closed at 12904.32 points, down 11.65 points from the previous trading day, down 0.09%. In terms of
stocks, the financial stocks of the London stock market led the rise on the same day. The top five stocks in the top five stocks were: the mining company Antofagasta 's share price rose 4.16%, the Pershing Plaza Holdings Company's share price rose 2.90%, the Standard Chartered Bank 's share price rose 2.77%, the market credit service provider EBRR rose 2.71%, and the online retailer Okaido Group rose 2.37%.
The consumer stocks led the decline on the same day, with the top five stocks in the declines: investment company Melrose Industrial Company's share price fell 9.34%, United Food Group's share price fell 7.56%, B&M's European Value Retail Company's share price fell 5.02%, supermarket chain Tesco 's share price fell 4.77%, and Sainsbury's share price fell 4.54%.
Company news
[ iPhone 14 will be supplied to Russia in parallel import , and related pre-sales have been launched]
According to Russian News Agency on Thursday (September 8) local time, at the 2022 Oriental Economic Forum, Russian Vice Premier and Minister of Industry and Trade Denis Manturov said in an interview that although Apple has withdrawn from Russia, the new iPhone 14 will be supplied to Russia in a parallel import mechanism, and Russians will have the opportunity to purchase new devices. Apple's products are now listed on the parallel import list. Manturov previously stated that he plans to extend the parallel import mechanism until the whole of 2023.
[ Jack Ma , Cai Chongxin companies clearing up US stocks! Transferring to the primary market to invest in 11 startups]
Jack Ma and Chingxin's family office Lanchi Capital is quickly withdrawing from the US stock market and putting more funds into equity investment in non-listed companies. Regulatory documents show that since last year, Lanchi Capital has begun to clear shares of more than 30 US listed companies, most of which are technology companies, including Google's parent company Alphabet, Microsoft , and Twitter, which is in court with Musk. As of the end of June this year, the only U.S. stock held by BlueCai Capital was an alternative asset management company Blue Owl Captical. However, its shareholding ratio has also dropped from 14% at the end of last year to 9.8%.
[TSMC's revenue in August hit a record high, Apple's new phone helped, but the hidden worries of performance have not been eliminated]
TSMC disclosed its August revenue report, with revenue increasing by 58.7% year-on-year to 218.13 billion NT$3 , an increase of 16.8% month-on-month, and revenue once again hit a record high; the cumulative sales from January to August were NT$1.43 trillion, a year-on-year increase of 43.5%, also hitting a new high in the same period of previous years. TSMC estimates that revenue in the third quarter will reach US$19.8-20.6 billion, equivalent to a month-on-month increase of 10%-14.5%, and gross profit margin is estimated to be 57.5%-59.5%, and there is a chance to surpass the second quarter again.
[ Former Disney CEO assisted Musk: There are indeed many fake accounts on Twitter ]
On Wednesday, Eastern Time, Bob Iger, former Disney CEO, said that as early as 2016, Disney had discovered that a large number of Twitter users were fake. At present, Tesla CEO Musk happens to be suing Twitter over the acquisition agreement and the number of fake users. At this sensitive time, the former Disney CEO came forward to emphasize that there are indeed a large number of false accounts on Twitter, perhaps by intentionally or unintentionally giving Musk a "assistance".
[Bilibili Q2 revenue 4.9 billion yuan, net loss expanded to 2 billion yuan]
Bilibili released its second quarter financial report on Thursday. Data shows that revenue in the second quarter was 4.9 billion yuan, an increase of 9% year-on-year, with the market expecting 4.905 billion yuan; the net loss attributable to the company's shareholders expanded to 2 billion yuan, with a loss of 1.12 billion yuan in the same period last year; after adjustment, the loss per ADS was 4.98 yuan, and the expected loss was 4.37 yuan.Chen Rui, Chairman and CEO of B site , said that in the face of the macro environment in the second quarter and the challenges brought by the epidemic, we have adopted a steady growth strategy, continued to pay attention to cost reduction and efficiency improvement, and achieved high-quality growth for users. In the second quarter, under the severe macro environment, Bilibili's advertising revenue still achieved a year-on-year 10% growth against the market. With the improvement of the macro environment, we will continue to implement the strategy of healthy growth, while accelerating commercialization, continue to control costs, increase gross profit margins, and narrow losses.
[Tesla increases the recruitment of California Super Factory]
Tesla is increasing the recruitment of California Super Factory with the goal of producing 40 GWh of battery cells Megapack every year. Tesla has posted 37 job openings in California Super Factory on its official website. Most of these positions are related to engineering and quality control, but there are also some production positions, which usually means that it is very close to the start of production.
[Musk: I hope Tesla owners can feel the company's efforts to improve services]
Tesla CEO Musk said that he has invested a lot of time in improving Tesla's services to make it more perfect. I hope Tesla owners can feel this.
[ Citi wins $500 million Revlon transfer case]
A US federal appeals court ruled that part of the creditors of Revlon returned more than $500 million that Citi Group accidentally remitted to them. It is reported that in August 2020, Citi accidentally remitted $900 million to Revlon's creditors due to manual errors, most of which were not returned to Citi. At that time, some companies returned the funds that Citi had accidentally remitted, but others did not. Revlon creditors who are unwilling to return the wrong remittance to Citigroup believe that the transfer is a relevant agreement between Citigroup and Revlon to repay the debts for the latter.
