arcanebetcasino| U.S. stocks close: The Nasdaq continues to swipe a record high price version of GLP-1 compound drugs, attracting attention

editor2024-05-21 08:12:3447

Financial Associated Press, May 21 (Editor Shi Zhengcheng) Last night this morning, the three major indexes of US stocks, which are near historic highs, diverged-- the NASDAQ index, which is waiting for Zhou Yingda's earnings report, continued to hit an all-time high. The Dow closed down due to the drag of JPMorgan Chase and Cisco. Although the S & P 500 index closed slightly higher, it was slightly worse than the closing high.Arcanebetcasino. 02:00 .

By the close, the S & P 500 was up 0.09% at 5308.13, the NASDAQ was up 0.65% at 16794.87, and the Dow Jones Industrial average was down 0.49% at 39806.77.

arcanebetcasino| U.S. stocks close: The Nasdaq continues to swipe a record high price version of GLP-1 compound drugs, attracting attention

For investors, there are also a lot of things to watch for the rest of the week. After Microsoft and a group of OEM manufacturers officially unveiled a new generation of artificial intelligence laptops on Monday, the rest of the week will turn to software eco-applications. Retailers such as Macy's and Lowe's will unveil their results on Tuesday, showing the latest changes in the US consumer market. The most important Wednesday will be the double impact of the minutes of the Fed meeting and the Nvidia earnings report.

With the growing demand for computing power in the popularity of generative intelligence, Nvidia's GPU demand is naturally less worrying. But the question is, with Nvidia's market capitalization rising to $2.3 trillion, the key question is whether Nvidia's "pie" of future performance can surprise investors. The hype surrounding Nvidia has been one of the key pillars of the $12 trillion market capitalization of US stocks over the past half year.

It is worth mentioning that strong changes in the cryptocurrency market were also transmitted to the US stock market, affected by Monday's rumors of approval of spot ETF in Ethernet Fong, such as Coinbase closing up 8.47 per cent and Kanan Technology up 16.19 per cent. According to the latest report, the SEC of the United States suddenly asked the exchange interested in the spot ETF in Taifang to speed up the updating of 19B-4 for the record, giving rise to all kinds of speculation in the market.

Performance of hot stocks

The tech giants were mixed, with Apple up 0.62%, Microsoft up 1.22%, Amazon down 0.63%, META down 0.65%, Google-A up 0.49%, Tesla down 1.41%, and Nvidia up 2.49%.

The Nasdaq China Golden Dragon Index fell 1.65%, Alibaba fell 0.29%, Baidu fell 1.55%, pinduoduo rose 0.4%, JD.com fell 1.47%, NetEase fell 0.23%, Xilai fell 1.14%, ideal Motor fell 12.78% and Xiaopeng fell 0.24% after reporting results.

ItsArcanebetcasinoHis message.

Microsoft held a press conference on Monday local time to show off the highlights of the Copilot+PC, which will go on sale in June, and unveiled new Surface Pro and Surface Laptop computers with Qualcomm Snapdragon X chips. Brands OEM Acer, Asustek, Dell, Hewlett-Packard, Lenovo and Samsung also unveiled a series of new AI computers on Monday, marking the beginning of an era symbolizing the popularity of local computing.

Hims & Hers Health, an American pharmacy startup, closed up 27.66 per cent on Monday. The company announced on Monday that it would launch a compound drug called Smeglu, which starts at $199 a month. In horizontal comparison, Novo Nord Wegovy with the same ingredient sells for at least $1350 a month, and Novotel costs more than $900, which means it can be at least 80% cheaper. A $79 / month oral weight loss compound will also be launched in the future.

Composite drugs are customized alternatives designed to meet the needs of specific patients, not branded drugs, so they are not reviewed by the FDA, but still need to meet laws related to the production of drugs. Hims & Hers said it was working with one of the largest manufacturers of generics in the United States. The company expects the program to generate more than $100 million in revenue by the end of 2025.

[the latest statement from the first brother on Wall Street caused JPMorgan to fall by more than 4%]

JPMorgan CEO Jamie Dimon told shareholders at the company's investor day on Monday that he would not buy back shares in large quantities at current prices, but would do so more aggressively when the share price fell. JPMorgan Chase shares hit an all-time high last week and continued to plunge on the comments, closing down 4.5% on Monday. As for the transition plan, Dimon also said it was "going well" and stressed that "it is up to the board of directors".

[Apple COO visits TSMC's target state-of-the-art process capacity]

According to a number of media reports, Jeff Williams, Apple's chief operating officer, recently made a low-key visit to TSMC to ensure the first batch of production capacity of the soon-to-be-launched 2nm process. Apple is reportedly developing chips for its internal servers to handle some of the powerful artificial intelligence workloads that will be unveiled at the developer conference at the end of this month.

(Shi Zhengcheng, Financial Associated Press)