Overnight US stocks | Three major indices closed down. Nvidia (NVDA.US) continues to hit record highs. Digital currency concept stocks lead the rise.

ple MusicApp Store30% BitmainBitmain2023Bitmain 97.5567.435006.13Coinbase11%MicroStrategy23%DAX30100CAC407%2.7%+18BitmainpStore With a 30% commission, the company has been forced to increase subscription service prices, leading to suspicions of a monopoly by Apple in the streaming music market. At the same time, the European Commission has also ordered Apple to stop blocking developers from recommending cheaper payment options outside of the App Store to users. Apple has rejected the fines imposed by the EU in its latest statement, and has also stated that EU regulators have "not found any credible evidence of harm to consumer interests".Nvidia surpasses Saudi Aramco, enters the top three in global market value. Chip maker Nvidia (NVDA.US) has surpassed Saudi Aramco, becoming the third highest market value public company globally after Apple (AAPL.O) and Microsoft (MSFT.O), achieving yet another milestone. The company's market value closed at 2.06 trillion US dollars on Friday, the first time it has closed above 2 trillion dollars. Meanwhile, Saudi Aramco's market value fell to 2.03 trillion dollars. Nvidia's explosive growth once again confirms Wall Street's optimistic outlook on the potential of artificial intelligence to reshape the tech industry, causing the company's stock price to soar. Nvidia's rebound momentum has been strong this year, rising by about 66% with a market value increase of about 834 billion dollars. Tesla's (TSLA.US) wholesale sales in China plummet to a new low in over a year in February. Affected by sluggish sales during the Spring Festival holiday and intensifying price wars in the electric vehicle market, Tesla's wholesale sales in China in February dropped to the lowest level in over a year. Preliminary data released by the China Passenger Car Association on Monday showed that Tesla's wholesale sales in China in February were 60,365 vehicles, the lowest since December 2022, with a month-on-month decline of almost 16% and a year-on-year decline of 19%. The association predicts that wholesale sales of new energy passenger cars in China will reach 11 million vehicles in 2024, a 22% year-on-year increase. Although still growing, the growth rate is lower than 36% in 2023 and 96% in 2022. At the same time, the association estimates that in February, wholesale sales of passenger cars by Shanxi Guoxin Energy Corporation were 450,000 vehicles, a 9% year-on-year decrease and a 34% month-on-month decrease. The association stated that price reduction measures by major car manufacturers may suppress consumer desire to purchase, as consumers expect further price drops.