Global Headlines | US stocks rise collectively, Tesla hits a new daily high and is expected to receive autonomous driving approval

【U.S. Stock Indices】

On January 22 (Thursday) Eastern Time, the three major U.S. stock indices closed higher collectively, with the S&P 500 up 0.55% at 6913.35; the Dow Jones Industrial Average up 0.63% at 49384.01; and the Nasdaq Composite up 0.91% at 23436.02.

【U.S. Bonds】

On January 22, the benchmark 10-year U.S. Treasury yield was 4.26%, and the yield on the 2-year U.S. Treasury, most sensitive to Federal Reserve policy rates, was 3.61%.

【Popular U.S. Stocks】

Among popular U.S. stocks, Nvidia rose 0.77%, Google C rose 0.75%, Google A rose 0.65%, Apple increased 0.28%, Microsoft gained 1.52%, Amazon rose 1.31%, TSMC increased 0.39%, Meta jumped 5.66%, Tesla rose 4.15%, Super Micro Semiconductor increased 1.57%, and Intel rose 0.13%.

【Global Indices】

【China Indices】

On January 22, the overnight Hang Seng Tech Index futures rose 0.33%, the Nasdaq China Golden Dragon Index increased 1.58%, and the FTSE China A50 Index fell 0.28%.

【Chinese Concept Stocks】

In popular Chinese concept stocks, Tencent Holdings (HK stock) fell 0.83%, Alibaba rose 5.06%, Pinduoduo increased 0.14%, NetEase gained 0.97%, Baidu rose 0.15%, Ctrip remained unchanged, Xpeng Motors fell 1.94%, Li Auto increased 3.54%, and NIO rose 2.25%.

【Forex and Commodities】

【Global News】

Intel CFO Ginsner says custom chip business will grow over 50% in 2025

Intel CFO Ginsner stated that the custom chip business will grow over 50% in 2025 and achieved an annualized revenue scale of over $1 billion in Q4. (Cailian Press)

Intel CEO Chen Liwu: expects clients to make more decisive decisions on 14A technology later this year

Intel CEO Chen Liwu said that they are actively engaging with potential clients regarding 14A technology, and expects clients to make more decisive decisions on 14A technology later this year. (Cailian Press)

U.S. President Trump: to announce Federal Reserve Chair candidate soon

U.S. President Trump stated that the interview process for the Federal Reserve Chair has concluded, and the candidate will be announced soon. (Cailian Press)

Apple expands hardware chief Ternus’s authority, signals potential CEO succession

Apple has included design work into hardware chief John Ternus’s responsibilities, solidifying his position as a top candidate to succeed Tim Cook as CEO. Reportedly, Cook, who has led Apple since 2011 and turned 65 last November, quietly appointed Ternus at the end of last year to oversee the company’s design team. This move expands Ternus’s scope of responsibilities, taking over one of the company’s most critical functions. These responsibilities are of particular significance at Apple, a company where long-standing leadership in hardware and software design management has been key to success since the Steve Jobs era. (Cailian Press)

Tim Cook is not expected to resign as Apple CEO immediately

Tim Cook is not expected to resign as Apple’s CEO immediately. (Cailian Press)

OpenAI reportedly plans to take a share from clients’ AI-assisted R&D (AI-Aided Discoveries)

OpenAI reportedly plans to take a share from clients’ AI-assisted R&D (AI-Aided Discoveries). (Cailian Press)

Federal Reserve overnight reverse repurchase agreement (RRP) usage was $2.058 billion on Thursday

The Federal Reserve’s overnight reverse repurchase agreement (RRP) usage on Thursday was $2.058 billion (14 counterparties), down from $3.344 billion the previous trading day. (Cailian Press)

OpenAI founder Altman: API business added about $1 billion in ARR last month

OpenAI founder Altman said that the API business added approximately $1 billion in annual recurring revenue (ARR) last month. (Cailian Press)

Tesla rose 3.3%, hitting daily high

Tesla increased 3.3%, reaching the daily high. Elon Musk said that the autonomous taxi RoboTaxi in Texas has removed the safety supervisor.

Elon Musk: expects to get autonomous driving license in Europe next month

Tesla CEO Elon Musk stated at Davos that he expects to obtain autonomous driving approval in Europe next month; by the end of this year, robotaxi services will be very, very widely used within the United States. (Cailian Press)