On April 25, local time, Abid, the WHO representative in Sudan, stated that one party in the armed conflict in Sudan took control of the Sudan National Public Health Laboratory in Khartoum, which stores polio, measles and Samples of pathogens such as cholera, and also blood stocks. The situation is “extremely dangerous”.
Apple wins the “Apple Tax” lawsuit. The US CNBC website stated on the 24th that the US federal court rejected Apic’s lawsuit on the suspected monopoly of the Apple App Store (App Store) on the same day. According to reports, this means that the existing charging rules of the Apple App Store will not be changed due to previous legal challenges.
In terms of the capital market, in the early trading on April 26, many leading artificial intelligence concept stocks dived. Fii with a market value of more than 300 billion, and Tsinghua Unigroup with a market value of more than 80 billion, both had their daily limit. In addition, a number of stocks with explosive performance also recorded sharp declines. Changdian Technology fell by the limit, Inventory fell by more than 11%, and Loongson Zhongke fell by more than 10%. However, individual stocks with performance growth are sought after, with the 20cm daily limit of Eneng Technology, and Sungrow’s rise of more than 12%.
Funds are chasing blue-chip stocks and abandoning explosive stocks
The rise and fall of the stock price ultimately depends on the performance. Since late April, the market has entered a period of intensive disclosure of financial reports. Investors have significantly increased their attention to the performance of listed companies. sought after by funds.
This morning, the semiconductor concept stock Changdian Technology hit the limit, and its market value shrank by 5.6 billion yuan to 50.4 billion yuan in a single day. The sharp decline in performance is the reason for the company’s stock price to plummet. Yesterday evening, the company disclosed its first quarterly report. In the first quarter of 2023, the company’s operating income was 5.86 billion yuan, a year-on-year decrease of 27.99%; the net profit was 110 million yuan, a year-on-year decrease of 87.24%. In early trading today, many chip and semiconductor stocks such as Inventronics, Loongson Zhongke, Yutaiwei, and Jingfeng Mingyuan fell, all related to the sharp decline in first-quarter performance.
At the same time, photovoltaic concept stocks have collectively strengthened, which is related to the sector’s outstanding performance in the first quarter. As of the press time of the brokerage China reporter, APEX’s daily limit was 20cm, Liande Equipment rose by nearly 19%, Wangbian Electric’s daily limit was 10cm, Huitian New Materials rose by more than 10%, and Sungrow rose by more than 12%.
The first quarterly report disclosed last night showed that Liande Equipment achieved a net profit of 41.11 million yuan in the first quarter, a year-on-year increase of 306%; Yuneng Technology achieved a net profit of 118 million yuan in the first quarter, a year-on-year increase of 283%; Wangbian Electric’s net profit in the first quarter was 80.34 million yuan. , a year-on-year increase of 119%; Huitian New Materials achieved a net profit of 120 million yuan in the first quarter, a year-on-year increase of 35.50%. The results disclosed by Sungrow on the evening of the 24th showed that the company achieved a net profit of 1.5 billion yuan in the first quarter, a year-on-year increase of 267%.
It is worth noting that in early trading today, many leading artificial intelligence concept stocks that had been wildly hyped before dived in the market. As of press time, Fii with a market value of more than 300 billion yuan has fallen by the limit, and Tsinghua Unigroup with a market value of more than 80 billion has also fallen by the limit.
Fii also had a flash crash on April 19. The company issued a clarification announcement that night, saying that the rumors about the company’s lost orders circulating on the Internet platform were all false rumors. At present, the company’s cooperation with existing customers is carried out normally, and the order situation continues to be stable. Subsequently, on April 20, the company’s stock price went up again, and has remained high and volatile since then.
WHO WARNING: EXTREMELY DANGEROUS!
On April 25, local time, Abid, the WHO representative in Sudan, stated that one party in the armed conflict in Sudan took control of the Sudan National Public Health Laboratory in Khartoum and used the laboratory as a military base.
The lab houses samples of pathogens such as polio, measles and cholera, and also has a blood bank. Laboratory technicians have been evicted. Abed said the situation was “extremely dangerous”.
Abid said he received a call from the head of the Khartoum National Laboratory on the 24th. “When the central public health laboratory is controlled, there is a huge biosafety risk,” Abed said. The laboratory keeps isolates or samples of a series of deadly diseases, including measles, polio and cholera. In addition to the hazard risk, the biosecurity risk is very high due to the lack of functioning generators.”
According to CCTV News citing Sudanese media reports, on the evening of April 25 local time, the Sudanese Ministry of Health stated that since the conflict between the Sudanese Armed Forces and the Rapid Support Forces broke out in 11 states of the country, 460 people have been killed and 4063 others have been injured. .
UN Secretary-General Guterres reiterated that the conflict must stop immediately. He called on both parties to the conflict to cease fire immediately, and called on members of the Security Council and regional countries to exert influence on all parties to the conflict in Sudan to reduce tension. He said that the United Nations will set up a temporary working place in Port Sudan and continue to serve the Sudanese people.
Google, Microsoft beat expectations
Stimulated by better-than-expected performance, Microsoft and Google rose 8% and 5% respectively after the U.S. stock market closed.
After the close on Tuesday, Microsoft announced its results for the third fiscal quarter of 2023 ending March 31, exceeding Wall Street expectations. In the third fiscal quarter, Microsoft’s revenue was US$52.9 billion, a year-on-year increase of 7%, higher than analysts’ expectations of US$51 billion; earnings per share were US$2.45, a year-on-year increase of 10%, higher than analysts’ expectations of US$2.24. In the third fiscal quarter, the company’s operating profit increased by 10% year-on-year to US$22.4 billion; net profit increased by 9% year-on-year to US$18.3 billion.
In terms of main business, Microsoft’s productivity and business service revenue reached US$17.5 billion, an increase of 11% year-on-year; intelligent cloud revenue was US$22.1 billion, an increase of 16% year-on-year; personal computer business revenue was US$13.3 billion, a year-on-year decrease of 9%.
Among them, as the most concerned part of Microsoft’s financial report, the growth rate of Azure cloud computing business remained at 27%, in line with market expectations. Overall revenue from commercial cloud products, including Azure and some Office productivity tools, rose 22% year-on-year to $28.5 billion.
Microsoft disclosed in its financial report that Azure OpenAI already has 2,500 enterprise customers, and the number of customers has shown a “tenfold surge” in the current quarter. AI programming assistant Github Copilot also has more than 10,000 corporate and institutional users.
During the quarter, Microsoft announced a multibillion-dollar new investment in artificial intelligence development agency OpenAI, and said it would use the company’s artificial intelligence models to develop a new version of its Bing search engine and enhance its Microsoft 365 productivity software. “The world’s most advanced artificial intelligence model combined with the world’s most versatile user interface—natural language—is ushering in a new era of computing,” said Microsoft CEO Satya Nadella. Across the Microsoft Cloud, we are the platform of choice to help customers get the most value from their digital spend and innovate for the next generation of AI.”
After the U.S. stock market closed on Tuesday, Alphabet, the parent company of Google, announced its first-quarter financial report. Both revenue and profit exceeded market expectations. At the same time, Google also approved a large-scale stock repurchase plan of US$70 billion. Alphabet shares rose 5% in after-hours trading.
In the first quarter, Google’s revenue reached US$69.79 billion, higher than the expected US$68.9 billion; net profit was US$15 billion, and earnings per share reached US$1.17, higher than the expected US$1.09.
Google and YouTube parent reported ad revenues that topped expectations even as digital ad growth slowed across the industry. After a few tough quarters, YouTube’s ad revenue hit $6.69 billion.
Alphabet’s Google Cloud unit, which also turned profitable for the first time, posted a 28% rise in revenue, the fastest growth of any of the company’s major business units.
Apple wins ‘Apple tax’ lawsuit
A nearly three-year “Apple tax” monopoly battle between Apple and US video game and software company Epic Games has finally been ruled by a court.
According to the Global Times, the CNBC website of the United States stated on the 24th that the US federal court dismissed Epik’s lawsuit on the alleged monopoly of the Apple App Store (App Store) on the same day, and almost “one-sidedly” supported the relevant rules of the Apple App Store. According to reports, this means that the existing charging rules of the Apple App Store will not be changed due to previous legal challenges.
This judicial dispute stems from the “Apple tax” that has been criticized by many parties. According to the regulations of the Apple App Store, Apple has the right to review each App on the App Store, and take a commission of 15% to 30% from all purchases made by users in the App. This move caused dissatisfaction among a large number of developers and users.
In 2020, Apic will provide users with payment methods for its popular game “Fortnite” through hidden payment links, aiming to bypass the “Apple Tax”. Apple subsequently removed Fortnite from the App Store. Apic filed a lawsuit in U.S. federal court, accusing Apple of violating federal antitrust laws and California’s anti-unfair competition law. Apple also countersued Apic for breach of commercial contracts.
In August 2021, the U.S. District Court of California ruled that Apple won 9 out of 10 charges and did not violate the Antitrust Law. Although the court upheld the vast majority of Apple’s claims, it still held that Apple should not prohibit users from purchasing digital content in apps through other payment methods. Epic subsequently appealed, and after two years, the court upheld the original verdict.
The “Apple tax” has been controversial around the world. In May 2022, the European Union filed an antitrust lawsuit against Apple’s payment service. Musk, Zuckerberg and other American technology industry executives have publicly protested the “Apple Tax”. Apple has argued that Google’s app store also has a 30% commission, while some other manufacturers’ in-app commissions can even be as high as 50%.