Apple(US:AAPL) Hua Er Jie Jian Wen·2025-05-07 23:10Market Overview - The US Federal Reserve has decided to pause interest rate cuts, indicating increased uncertainty and warning of stagflation risks. Powell emphasized that the economy remains strong but uncertain, and he rejected calls for preemptive actions due to tariffs [3][11] - The chip sector saw a rally as reports emerged that the Trump administration plans to revoke AI chip restrictions imposed during Biden's presidency [3][9] - The Chinese central bank announced a package of financial policies, including a reduction in reserve requirements and interest rates, aimed at stabilizing the economy [11] - China's foreign exchange reserves increased by 1.27% in April, with the central bank continuing to accumulate gold [10] Company News - Apple is planning a major overhaul of its Safari browser, focusing on AI-driven search, which poses a significant challenge to Google's dominance in the search market [13] - Arm reported better-than-expected earnings and revenue but saw its stock drop over 11% after providing a disappointing guidance for the upcoming quarter [13] - Novo Nordisk's Q1 sales grew by 19% year-on-year but fell short of expectations, leading to a downward revision of its annual sales guidance [13] - Tesla's sales in China fell by 6% year-on-year in April, marking the seventh consecutive month of decline [15] Industry Insights - The military industry is showing signs of recovery, with increased defense budgets globally due to rising geopolitical tensions [20] - The domestic computing power market in China is expected to see significant investment growth from 2024 to 2028, benefiting from the domestic chip industry amid export restrictions [20] - AI is increasingly integrated into materials research, enhancing efficiency in material design and manufacturing processes [21] - The smart driving sector is expanding, with companies like BYD accelerating the adoption of intelligent driving technologies in lower-end models [21]