Apple's $500B US Investment; Tesla's FSD in China; Berkshire's Record Profit

On February 24, 2025, U.S. stock markets saw mixed performance, with the S&P 500 Index declining by 0.50% and the Nasdaq Composite Index falling by 1.21%, while the Dow Jones Industrial Average rose by 0.08%. Meanwhile, Apple announced a significant investment of over $500 billion in the U.S. over the next four years, with a focus on advanced manufacturing and skills development. The tech giant plans to increase its Advanced Manufacturing Fund to $100 billion, a 100% increase, and will support AI, chip engineering, and national skill development initiatives across all 50 states.

In today's market, the technology sector underperformed the S&P index, while healthcare, consumer staples, energy, communication services, real estate, and financials all saw gains despite broader market conditions.

Berkshire Hathaway shares surged on Tuesday, with Class A shares rising 4.00% and Class B shares climbing 4.11%. The company's record quarterly profit and surging operating income boosted investor confidence in its financial health, driving the stock price higher.

Santech Holdings surged 150.65% on Tuesday, following a 180-day extension granted by Nasdaq to meet bid price requirements. Meanwhile, China SXT Pharmaceuticals rose 145.54%, with no specific news driving the increase. Target Hospitality, however, plummeted 46.05% after the U.S. government announced plans to terminate its services agreement with the company. AEON Biopharma also experienced a significant drop of 43.89%, potentially indicating financial instability and raising concerns about market confidence.

Tesla is preparing a software update in China to introduce Full Self-Driving (FSD) features, similar to those available in the US. This update will allow Tesla vehicles to navigate city streets and recognize traffic signals, among other functions. Meanwhile, Apple has announced a record-breaking investment plan, committing over $500 billion in the US over the next four years, doubling its Advanced Manufacturing Fund to $100 billion, and planning to start server production in Texas. Additionally, Nvidia has reportedly secured over 70% of TSMC's advanced packaging capacity for its latest GPU chips, indicating strong demand and potential implications for the semiconductor market.