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On Tuesday, May 14, the top three indices of the US stock market rose slightly. The NASDAQ rose 0.07%, the S&P 500 index rose 0.07%, and the Dow rose 0.13%. Federal Reserve Chairman Powell will deliver a speech at 10 o'clock Beijing time tonight. This is his first public appearance since the last interest rate meeting.
WSB concept stocks continued to rise, Game Station rose nearly 100%, and AMC Cinemas rose more than 120%. According to the news, Keith Gill, who became famous in 2021 by calling for short-term traders to go out of business on the US stock Tieba, returned to social media X after a lapse of three years. The “number one cow” that set off a retail battle on Wall Street three years ago is suspected to be sounding the trumpet of renewed strength.
Popular Chinese securities had mixed ups and downs. Alibaba fell more than 6%, and the company's net profit after Q4 adjustments was 24.42 billion yuan. Tencent released financial reports today that Q1 net profit surged 62%, and will increase repurchase efforts in the future.
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