The three major U.S. stock indexes rose collectively, the Dow rose 0.63%, the Nasdaq rose 0.16%, and the S&P 500 rose 0.75%.
Oil and gas sector rose,BPUp nearly 8%, adjusted for the first quarternet profit$6.25 billion, far exceeding expectations,PetroChina、ConocoPhillips、Marathon Cruderose more than 3%.
Global economy
The 500-word version of the 2022 Buffett shareholders meeting is here (with full text)
After two years, Buffett-led Berkshire Hathaway’s annualshareholderThe conference will be held offline again. This is also the first time this “Spring Festival Gala in the investment community” has been held offline since the outbreak of the new crown epidemic in Europe and the United States in 2020.
U.S. Trade Representative Dai Qi: May curb soaring prices by cutting tariffs
U.S. Trade Representative Katherine Tai said on Monday (May 2) that all U.S. means to address soaring prices were under consideration, including a possible cut in tariffs, but that medium-term goals had to be focused.
US stock focus
Buffett, who is “greedy when others are fearful”, laments: If the stock market didn’t rebound, it would have bought more Apple in the first quarter
In the first quarter of this year, when U.S. stocks plummeted, Warren Buffett, the soon-to-be 92-year-old “stock god”, adhered to the investment philosophy of “other people are fearful and I am greedy” and bought stocks with a net value of 41 billion US dollars.
European and American stock markets opened mixed in May, how to arrange?
“As the calendar turns to May, we may see a short-term oversold rally, but we still have several reasons to be concerned. We don’t think our longer-term equity metrics are oversold enough yet, so” Buy The decision to enter is still unclear.
US stock companies
Pfizer: First-quarter revenue of $25.661 billion increased 77% year-on-year
PfizerFirst-quarter net profit was $7.864 billion, compared with an expected $7.21 billion; revenue was $25.7 billion, compared with an estimated $24.36 billion.PfizerIt still forecasts full-year revenue of $98 billion to $102 billion, with an estimated $106.8 billion; the revenue guidance for the new crown oral drug Paxlovid in 2022 is about $22 billion.
Or face a huge fine of over 240 billion yuan! Is Apple in trouble again?
On the 2nd local time, the EU antitrust regulator officially charged the United StatesappleThe company restricts competitors from using its mobile payment technology,appleCompanies could face huge fines as a result.
The latest performance of the new car-making force is released, “Wei Xiaoli” has dropped 3 vehicle stocks compared with the previous month, and the performance of the first quarter has increased significantly
Recently, new car-making forces have successively announced delivery data for April. In April, affected by the epidemic and the supply chain, factories and supply chains in many places were shut down. The delivery volume of the five new car manufacturers all declined month-on-month, and the delivery volume did not exceed 10,000.NIOcar andideal cardata dropped significantly year-on-year.
(Article source: Financial Associated Press)
