Zheng Quan Shi Bao·2025-05-01 15:27Group 1: Market Overview - On May 1, US stock indices opened higher, with the Nasdaq rising over 2% at one point. As of the report, the Dow Jones increased by 0.51%, the S&P 500 by 0.88%, and the Nasdaq by 1.52% [1] - Technology stocks surged, with the Wande American Technology Seven Giants Index rising over 3% [1] - The Nasdaq China Golden Dragon Index initially rose over 0.6%, but the gain narrowed to around 0.2% at the time of reporting, while the FTSE A50 Index futures turned negative with a decline of about 0.2% [1] Group 2: Earnings Reports - Microsoft reported a revenue of $70.066 billion for Q3 of FY2025, a 13% year-over-year increase, exceeding the expected $68.48 billion. Adjusted earnings per share were $3.46, above the anticipated $3.21, and net profit rose 18% to $25.824 billion [2] - Meta's Q1 FY2025 revenue reached $42.314 billion, a 16% increase from the previous year, surpassing the market expectation of $41.4 billion. Net profit grew 35% to $16.644 billion, with diluted earnings per share increasing 37% to $6.43 [2] Group 3: Tesla News - Tesla refuted media reports about searching for a successor to CEO Elon Musk, stating that the claims were "completely untrue." The board expressed confidence in Musk's ability to execute growth plans [3] - Reports indicated that the board was considering a successor due to Tesla's declining stock price and investor concerns regarding Musk's focus on government matters. The board allegedly contacted headhunting firms for potential candidates [3] - Musk criticized the Wall Street Journal for publishing what he called a "deliberately false" article, claiming it violated journalistic ethics by not including the board's denial [3] - Tesla's Q1 financial results showed a 9% year-over-year revenue decline, with automotive revenue down 20% and net profit plummeting 71% [3]