GMT EIGHT - Stocks - US Stock

After Moody's Corporation downgraded the sovereign rating of the United States, the ratings of Fannie Mae (FNMA.US) and Freddie Mac (FMCC.US) were also downgraded.

Moody's downgraded Fannie Mae (FNMA.US) and Freddie Mac's (FMCC.US) long-term senior unsecured debt ratings from Aaa to Aa1 on Monday.

JPMorgan Chase CFO: Net interest income expected to be slightly higher in Q2 or "slightly raised" full-year outlook.

JPMorgan Chase (JPM.US) Chief Financial Officer Jeremy Barnum stated that the bank's outlook for net interest income (NII) "may be slightly improved compared to the first quarter earnings report."

Following in the footsteps of Adobe and Alphabet Inc. Class C, Salesforce, Inc. (CRM.US) is lowering software prices for the US government.

The General Services Administration (GSA) announced on Monday that Salesforce (CRM.US) has become the latest enterprise software company to offer discounts to the U.S. government.

Alphabet's Waymo is approved to expand its self-driving ride-hailing service to San Jose.

Alphabet's (GOOGL.US) subsidiary Waymo has been approved to expand its autonomous ride-hailing service to more areas in the San Francisco Bay Area, including San Jose.

Evercore: Apple Inc.'s (AAPL.US) service business may face "enemy attacks" with Epic and Alphabet Inc. Class C (GOOGL.US) lawsuits potentially leading to "double damage" to revenue.

Evercore points out that Apple is facing major challenges in its highly profitable service business. On one hand, there is the ongoing legal dispute with Epic Games, and on the other hand, the lawsuit involving Google and the US Department of Justice could impact Apple's earnings.

Wells Fargo & Company lowered its rating and target price for Reddit (RDDT.US): AI search will have an adverse impact.

On Monday, Fuguo Bank downgraded its stock rating for Reddit from "buy" to "hold" due to Google's accelerated advancement in artificial intelligence (AI) search functions, leading to a change in search traffic trends that could have a negative impact on Reddit.

Microsoft Corporation (MSFT.US) expands its AI ecosystem: Introducing Musk's Grok 3 and other models into its cloud platform.

Microsoft (MSFT.US) is integrating Elon Musk's xAI model into its artificial intelligence platform.

Dell Technologies, Inc. Class C (DELL.US) deepens cooperation with NVIDIA Corporation (NVDA.US) to launch a new generation of enterprise AI solutions.

Dell Technologies has deepened its cooperation with NVIDIA, releasing a new generation of enterprise artificial intelligence (AI) solutions.

NIKE, Inc. Class B (NKE.US) is restructuring its technology department and laying off some employees.

Nike is reducing the size of its technology department and laying off some employees.

Yalla Group Ltd. Sponsored ADR Class A(YALA.US) Q1 revenue increased by 7% year-on-year, while the number of paying users decreased by 8% year-on-year.

YALA Technology (YALA.US) announces its performance for the first quarter of 2025.

Overnight US stocks | Unfazed by Moody's downgrade of the US credit rating! The three major indexes closed higher, with the S&P 500 index rising for the sixth consecutive day.

As of the close, the Dow Jones Industrial Average rose 137.33 points, up 0.32%, to 42,792.07 points; the Nasdaq rose 4.36 points, up 0.02%, to 19,215.46 points; the S&P 500 index rose 5.22 points, up 0.09%, to 5,963.60 points.

Nippon Steel plans to invest $14 billion in United States Steel Corporation (X.US) on the condition that the Trump administration approves the deal.

As of the deadline for this article, the stock has risen over 1.5%, reaching $40.97 USD.

US Stock Market Move | Regencell Bioscience Holdings Ltd. (RGC.US) plummeted sharply by over 23%, with its biggest increase of 6681% this year.

On Monday, Renascent Genomic Center (RGC.US) dropped more than 23%, with its stock price hovering dangerously close to $300.

US Stock Market Move | ZIM.US soared more than 10% and Maersk raised shipping prices.

On Monday, ZIM Integrated Shipping Services Ltd. (ZIM.US) surged over 10% to $20.19.

US Stock Market Move | New energy vehicle stocks fell across the board, with Tesla, Inc. (TSLA.US) dropping by 2.9%.

New energy vehicle stocks fell across the board. As of the time of writing, Tesla was down 2.9%.

US Stock Market Move | CoreWeave (CRWV.US) gained nearly 6% after winning another $4 billion big order. The stock price doubled in less than 2 months since going public.

CoreWeave (CRWV.US) rose by nearly 6%, hitting a new high since its IPO, with its stock price doubling in less than 2 months, reaching $85.01.

US Stock Market Move | In the last fiscal year, profits reached the upper limit of expectations, and Ryanair Holdings plc (RYAAY.US) plans to repurchase 750 million euros worth of shares. The stock rose nearly 6%.

On Monday, Ryanair (RYAAY.US) rose nearly 6%, hitting a new high of $53.06.

Preview of new stocks on the US stock market | Wanbang Jewelry: Revenue increases + Gross profit margin decreases, unable to stop the "butterfly effect" caused by the rise in gold

Fluctuations in the price of gold may hinder brands from making a profit.

US Stock Market Move | New wave of infections of COVID-19 reappears, Moderna (MRNA.US)

As of the time of writing, the stock has risen by more than 4%, reaching $25.90.

US Stock Market Move | UnitedHealth Group Incorporated (UNH.US) rebounded nearly 5% against the trend after its stock price was previously cut in half.

On Monday, UnitedHealth Group (UNH.US) rebounded against the trend by nearly 5%, after the stock price had been continuously declining for just one month, now trading at $305.22.

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