Based on new information and updated analysis of Microsoft's (MSFT.US) latest assumptions, incorporating investor feedback and updating the analysis of capex implied Azure AI revenue, Morgan Stanley raised Microsoft's target price from US$482 to US$530, equivalent to 30x FY2027E EPS of US$17.71, affirming an Overweight rating.
~

AASTOCKS Financial News
Website: www.aastocks.com

According to a report from Citi, XIAOMI-W (01810.HK) launched its electric vehicle YU7 yesterday (26th) with pricing in line with expectations. Among all the versions, the YU7 Pro is likely the most attractive model, priced only RMB26,000 higher than the standard version but equipped with air suspension and all-wheel drive.

Given the YU7's strong order performance, if there are no production capacity constraints, the broker estimated that the vehicle's mature monthly sales could reach 60,000-80,000 units, which would greatly enhance the profit margin visibility of XIAOMI-W's electric vehicle business.

In addition to its positive impact on XIAOMI-W, the YU7 will also benefit related suppliers such as CATL (03750.HK) and Nvidia (NVDA.US). In contrast, Tesla (TSLA.US) and XPENG-W (09868.HK) will be negatively impacted, while LI AUTO-W (02015.HK) will also experience a slightly negative impact.

Citi predicted Tesla, as a major competitor, to further cut car prices. Meanwhile, with the YU7 drawing more attention, the XPeng G7's price may also be lowered to RMB210,000 to maintain competitiveness and attract more interest.
~



AAStocks Financial News
Web Site: www.aastocks.com

The market assessed Federal Reserve officials' interest rate cut expectations, while the White House indicated that US President Donald Trump might extend the tariff pause deadline.

US bourse opened higher and continued to hike on Thursday. The DJIA closed up 404 points or 0.9%, at 43,386; the S&P 500 closed up 48 points or 0.8%, at 6,141, close to the record high of 6,147. The Nasdaq jumped up 194 points or 1%, closing at 20,167.

Techs were in a mixed bag, with Meta (META.US) soaring 2.5%, Microsoft (MSFT.US) adding 1.1%, and Nvidia (NVDA.US) narrowing its gains to 0.5%.

Micron (MU.US) reported last quarter's revenue and profit beat, but its stock price ended down 1%.
~

AASTOCKS Financial News
Website: www.aastocks.com

Amazon.com, Inc. (AMZN.US) recently collaborated with POP MART (09992.HK) for the first time, working with Zhejiang local market regulators to successfully clamp down on a counterfeit supplier.

In April 2025, law enforcement body seized over 700 counterfeit LABUBU keychains and thousands of packaging materials on-site.

The supplier sold counterfeit LABUBU toys to Amazon sellers through a domestic e-commerce wholesale website, report told.

Amazon's global anti-counterfeiting team tracked and investigated the counterfeit supplier in China for several months and handed over the case clues to the local law enforcer where the supplier is located.
~

AASTOCKS Financial News
Website: www.aastocks.com

Federal Reserve Chairman Jerome Powell reiterated his cautiousness on rate cuts at Capitol Hill, leading to a broadly mixed performance in US stocks at close on Wednesday. The S&P 500 settled flat, unable to return to its historical high, ending at 6,092. The DJIA sank 106 points or 0.3% to 42,982. Only the Nasdaq outperformed, growing by 61 points or 0.3% to 19,973.

Chip makers continued to be favored, with Nvidia (NVDA.US) closing up 4.3%, touching a 52-week high and marking its highest closing price since January 6. Nvidia's market cap hit US$3.77 trillion, toppling Microsoft (MSFT.US) to become the world's largest company by market cap. AMD (AMD.US) soared 3.6%.

However, the US Department of Transportation requested Tesla (TSLA.US) to submit footage of errors from its autonomous taxis, making Tesla the worst performer among the "Magnificent Seven" on Wednesday, with its stock price sagging 3.8%. Alphabet, Google's parent company (GOOG.US), rallied 2.2%.
~

AASTOCKS Financial News
Website: www.aastocks.com

Xiaomi YU7 will be officially launched in July 2025, and the world is concerned about the pricing of the new car.

In this regard, Lei Jun, Founder and Chairman of XIAOMI-W (01810.HK), denied netizens' imagination that YU7's standard version is priced RMB20,000-RMB30,000 higher than SU7 standard version, as YU7's standard version has a very high configuration is very high.

Therefore, it is placed in the industry as equivalent to the configuration of the Max edition or even the Ultra edition of its competitors.

Lei reiterated that YU7 pricing will be announced at the launch event, and consumers will definitely find the price reasonable.
~



AAStocks Financial News
Website: www.aastocks.com

OpenAI chief executive Sam Altman had a phone conversation with Microsoft (MSFT.US) CEO Satya Nadella to discuss the future partnership between the two companies, according to foreign media.

Previously, there were rumors that the two companies are negotiating changes to Microsoft's investment terms in OpenAI. If they fail to reach an agreement on key issues such as Microsoft's future stake size, Microsoft is considering suspending discussions with OpenAI.
~



AASTOCKS Financial News
Website: www.aastocks.com

While investors took heart from the ceasefire agreement between Israel and Iran, Federal Reserve Chair Jerome Powell stated that there is no rush to cut rates.

US stocks made a big leap on Tuesday with a surge of over 1%. All three major indices also posted noticeable gains for the second consecutive day. The S&P 500 closed up 67 points or 1.1% at 6,092. The DJIA climbed 507 points or 1.2% to close at 43,089. The Nasdaq led the way, closing 281 points or 1.4% higher at 19,912.

After a more than 7% drop on Monday, oil prices last fell over 5%, boosting airline stocks. United Airlines (UAL.US) rose over 2%, Frontier (ULCC.US) soared more than 7%, and Delta Air Lines (DAL.US) gained nearly 3%.
~



AAStocks Financial News
Web Site: www.aastocks.com

Nvidia (NVDA.US) CEO Jensen Huang sold a total of 100,000 Nvidia shares last Friday and this Monday, cashing out nearly USD15 million, according to documents from the US Securities and Exchange Commission.

The documents showed that after the sell-off, Huang still holds over 800 million Nvidia shares, with a book value of as much as USD126 billion.
~



AAStocks Financial News
Web Site: www.aastocks.com

Apple (AAPL.US) has launched national subsidy offers in China, supporting Apple Store online (shipping address in Beijing) and retail stores (Shanghai) only. The online store also offers 24-month interest-free installments.

It is reported that the maximum discount for purchasing iPhone, iPad or Apple Watch of specified configuration is RMB500. The total product price must be below RMB6,000. Eligible Mac models can receive a maximum discount of RMB2,000. Upgraded configurations are not eligible for the subsidy.
~

AASTOCKS Financial News
Website: www.aastocks.com