Trending Sectors | Tech and EVs Shine, AI and Chips Surge; Oil and Gold Climb Amid Mixed Cryptocurrency Moves

【Major U.S. Stock Indices】

The major U.S. stock indices generally rose, with the S&P 500 up 0.72% to close at 6037.88 points; the Dow Jones increased by 0.30% to 44556.04 points; and the Nasdaq showed the strongest performance, rising 1.35% to 19654.02 points. Market risk appetite has improved, with investors remaining optimistic about future economic prospects.

【Performance of Leading Tech】

Yesterday, the seven major U.S. tech giants generally rose. Microsoft increased by 0.35%, Apple by 2.10%, NVIDIA by 1.71%, Amazon by 1.95%, Alphabet A by 2.56%, Meta by 0.96%, and Tesla by 2.22%. Apple gained investor favor by launching new applications and adjusting its Care+ service plan to enhance subscription revenue. Meanwhile, Alphabet faced some pressure due to revenue falling short of expectations, although growth in its cloud computing business and antitrust investigation news did not affect its stock price rise. Amazon's stock was boosted by its strategic partnership agreement with the Bouygues Group. Tesla attracted market attention after introducing a cheaper version of its Cybertruck in Canada.

【AI and Chip Sector Performance】

The AI and chip sectors performed well, notably with NVIDIA rising 1.71%, which drove related concept stocks higher. Palantir surged over 22% due to significantly better-than-expected earnings, becoming a market focal point. Meanwhile, in the chip manufacturing sector, TSMC rose 2.15%, while Intel fell 0.46% due to news of an investigation in China. Confidence remains high in NVIDIA’s leading position in the AI field, especially as it continues to be the preferred GPU supplier for Microsoft and Meta despite the DeepSeek challenge.

【EVs, Weight Loss Drugs, Oil, Gold, and Cryptocurrency Sector Performance】

The electric vehicle sector generally rose, with Tesla up 2.22%, and Chinese EV companies like NIO and Xpeng also performing well. Weight loss drug stocks mostly rose, with Eli Lilly up 1.93%, while Novo Nordisk and AstraZeneca saw slight declines. Oil stocks broadly increased, led by ExxonMobil and Chevron, as the market remained optimistic about oil price prospects. Gold stocks climbed on the back of risk-aversion sentiments. Cryptocurrency stocks showed mixed performance, with Coinbase down 1.41% and Riot Platforms up 2.50%.

【Other Notable Sectors and Stocks】

Meme stocks generally rose, with AMC Theatres up 3.08% and GameStop up 0.08%. Retail stocks showed strength, with Walmart and Costco rising 1.21% and 1.59%, respectively. Bank stocks were mixed, with Wells Fargo up 1.74% and Citigroup down 1.42%. Vaccine stocks experienced volatility due to RFK Jr.'s nomination progress, with Moderna plummeting 6.51% and BioNTech down 2.24%.

【Market Summary and Recommendations】

Overall, the U.S. stock market displayed positive performance, particularly strong gains in tech and electric vehicle sectors boosting market sentiment. However, the market still faces multiple uncertainties from economic policies and international situations. Investors are advised to remain cautious and pay attention to dynamic market changes, especially regarding news in the technology and energy sectors.