On May 12, the three major US stock indices closed slightly higher, with the Dow Jones up 0.19%, the S&P 500 up 0.19%, and the Nasdaq up 0.1%. The S&P 500 and Nasdaq both reached new all-time highs. Storage chip stocks continued to rise, with Qualcomm up over 8%, Western Digital up more than 7%, Micron Technology up over 6%, Intel up over 3%, and Nvidia up about 2%, all achieving record closing highs. Optical communication stocks also saw significant gains, with POET Technologies soaring over 26%, Applied Optoelectronics up over 24%, Lumentum rising over 16%, Credo Technology up over 11%, and Ciena up over 6%.
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US Stocks Close: S&P 500 and Nasdaq Hit New Highs, Several Storage Chip Stocks Surge
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BTC Surpasses $80,000
Market data shows that BTC has surpassed $80,000, currently priced at $80,011.1, with a 24-hour decline of 0.31%. The market is experiencing significant volatility, so please ensure proper risk management. -
Central Bank: M2 Money Supply Reaches 353.04 Trillion Yuan at End of April, Up 8.6% Year-on-Year
On May 14, data from the central bank showed that at the end of April, the broad money supply (M2) reached 353.04 trillion yuan, an increase of 8.6% year-on-year. The narrow money supply (M1) amounted to 114.58 trillion yuan, up 5% year-on-year. The amount of currency in circulation (M0) was 14.75 trillion yuan, marking a year-on-year increase of 12.2%. In the first four months, a net cash injection of 653 billion yuan was made. -
Nvidia Soars in After-Hours Trading
On May 14, Nvidia experienced a rapid increase in after-hours trading on the US stock market, rising nearly 2% to $230. (Dongxin News Agency) -
China and US Agree to Build Constructive Strategic Stability Relationship
Beijing, May 14th – On the morning of May 14th, Chinese President Xi Jinping held talks with US President Donald Trump, who is on a state visit to China, at the Great Hall of the People in Beijing. President Xi Jinping stated: "President Trump and I agree to establish a 'constructive strategic stability relationship' as the new positioning for China-US relations." (CCTV News) -
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Key Updates for May 14 Afternoon
7:00-12:00 Keywords: Aave, Metaplanet, DeFi Development, Cerebras Systems 1. Aave: Cross-chain between the rsETH mainnet and L2 has reopened; 2. Metaplanet has postponed its preferred stock listing plan due to structural issues in the Japanese market; 3. The U.S. government seeks to confiscate $1.07 million in assets before sentencing of former Celsius executives; 4. Aave proposes to integrate the Babylon protocol in version V4, launching a native BTC lending module; 5. Solana Treasury's DeFi Development report states that the value of each SOL share has increased by 108% year-on-year; 6. Bipartisan negotiations on the Clarity Act failed to reach an agreement overnight, with Democrats divided over ethical and BRCA provisions; 7. AI chip manufacturer Cerebras Systems has raised $5.55 billion in its IPO, making it the largest fundraising of the year to date. -
Trump: US-China Relations Will Be the Best in History
On May 14, according to China News Service, US President Trump stated that the relationship between the United States and China will be the best in history. -
TSMC Projects Global Chip Market to Reach $1.5 Trillion by 2030
On May 14, according to market news, TSMC stated in presentation materials released ahead of a technical seminar on Thursday that it expects the global semiconductor market to exceed $1.5 trillion by 2030, up from a previous forecast of $1 trillion. TSMC anticipates that artificial intelligence and high-performance computing will account for 55% of the $1.5 trillion market, followed by smartphones (20%) and automotive applications (10%). TSMC also mentioned that the company is accelerating its capacity expansion plans for 2025 and 2026, with plans to build nine new fabs and advanced packaging facilities by 2026. (Dongxin News Agency) -
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Xi Jinping: Make 2026 a Historic Year for China-U.S. Relations
Beijing, May 14 — On the morning of May 14, Chinese President Xi Jinping held talks with U.S. President Donald Trump, who is on a state visit to China, at the Great Hall of the People in Beijing. Xi emphasized that the common interests between China and the United States outweigh their differences, that the success of each country is an opportunity for the other, and that stable China-U.S. relations are beneficial to the world. The two sides should be partners, not adversaries, achieving mutual success and common prosperity, and forging a new path for major countries to coexist correctly in the new era. "I look forward to exchanging views with President Trump on major issues concerning both countries and the world, jointly steering and navigating the great ship of China-U.S. relations, and making 2026 a historic and landmark year for China-U.S. relations to build on past achievements and usher in a new future," Xi said. (Xinhua News Agency)
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