Trending Sectors | Tech Giants Surge, EVs Accelerate, AI Soars Amid Mixed Performance in Oil, Gold, and Retail

【Major U.S. Stock Indices】

The U.S. stock market remained relatively stable as the S&P 500 edged up 0.06% to 5528.75 points, the Dow Jones increased 0.28% to 40227.59 points, while the Nasdaq saw a slight decline of 0.10% to 17366.13 points. Overall, with the earnings season nearing its end, the market showed some hesitancy as investors remained cautious about upcoming company results.

【Performance of Leading Tech】

The seven major tech giants generally surged, with Microsoft gaining 1.17%, Apple up 0.44%, Nvidia soaring 4.30%, Amazon rising 1.31%, Google A increasing 1.68%, Meta advancing 2.65%, and Tesla jumping 9.80%. Microsoft signed a 335-megawatt power purchase agreement with Clearway, indicating its ongoing investment in renewable energy. Apple was favored by the market ahead of its earnings report, with potential positive impacts from an iPhone upgrade cycle despite tariff pressures. Nvidia led the tech sector, driven by strong demand for its GPU business. Meta's upcoming earnings report sparked optimism about its profitability, while Tesla's notable rise was attributed to progress in internal testing for its Robotaxi business, which could become a new growth driver.

【AI and Semiconductor Sector Performance】

In the AI and semiconductor sectors, Nvidia continued to be a market focus, with shares climbing 4.30% as demand for AI inference surged, leading to a shortfall in its GPU products. SMCI rose 1.84%, and Arm Holdings increased 1.19%, reflecting investor confidence in the AI field. Chipmaker TSMC gained 0.56%, but Intel fell 6.70% due to tariff concerns. In the chip equipment sector, ASML and Applied Materials rose 0.34% and 0.92%, respectively, reflecting positive market expectations for equipment demand.

【Electric Vehicle Sector】

Tesla's stock surged 9.80%, reflecting market optimism about its innovative business developments. Meanwhile, Chinese EV startups such as Li Auto, NIO, and XPeng saw varying degrees of decline, possibly due to intensifying market competition. In contrast, traditional automakers like Toyota and General Motors showed stable performance.

【Oil and Gold Sector】

Oil stocks generally declined, with ExxonMobil and Chevron down 0.06% and 0.24%, respectively, showing concerns about the outlook for oil demand. Gold stocks also performed poorly, with significant declines in Newmont and Barrick Gold, as the demand for gold as a safe haven weakened.

【Cryptocurrency Sector】

Cryptocurrency-related stocks showed mixed results, with Coinbase rising 2.83%, while Riot Platforms experienced a slight dip of 0.26%. This performance may be linked to varying market expectations for cryptocurrency price volatility.

【Retail and Banking Sector】

Retail stocks displayed mixed performance, with Target up 1.33%, while Walmart and Home Depot saw declines, reflecting volatility in the retail sector amid tariff policy uncertainties. Banking stocks were also mixed, with Morgan Stanley up 0.35%, while JPMorgan Chase dipped 0.45%.

【Vaccine and Biotechnology Sector】

Vaccine stocks also showed mixed results, with Pfizer up 0.61%, while BioNTech fell 15.36% due to concerns over its vaccine outlook. Novavax also declined 5.66%, reflecting uncertainty about the sustainability of vaccine demand. In conclusion, the market's performance highlights investor divergence across different sectors, closely related to global economic uncertainties and varying expectations of individual companies' financial conditions. Investors should pay attention to upcoming earnings reports and macroeconomic data to make informed decisions amid market volatility.