智通财经网·2025-05-09 11:55Market Overview - US stock index futures showed mixed results with Dow futures down 0.03%, S&P 500 futures up 0.08%, and Nasdaq futures up 0.11% [1] - European indices also experienced gains, with Germany's DAX up 0.48%, UK's FTSE 100 up 0.36%, France's CAC 40 up 0.59%, and the Euro Stoxx 50 up 0.33% [2] - WTI crude oil rose by 1.87% to $61.03 per barrel, while Brent crude oil increased by 1.67% to $63.89 per barrel [2] Trade Relations and Tariffs - President Trump suggested that an 80% tariff on China seems reasonable ahead of upcoming trade negotiations, urging China to open its market further [3] - Reports indicate that the US is considering reducing tariffs on Chinese imports from 145% to between 50% and 54%, potentially effective next week [4] - The US and UK have reached a new trade agreement, partially lifting certain tariffs, but many details remain to be finalized [5] Economic Indicators - ING predicts that the Federal Reserve's cautious stance may last until September, with a potential rate cut of 50 basis points due to declining consumer and business confidence [4] - A stock market indicator has entered a historically poor return phase for the S&P 500, with previous occurrences leading to an average decline of 5.6% over the following 12 months [6][7] Company Performance - TSMC reported a 48% increase in April revenue, driven by a rush to procure chips before new tariffs take effect, with monthly sales reaching approximately $11.6 billion [8] - Lyft's Q1 revenue grew by 14% to $1.45 billion, with a net profit of $2.6 million, attributed to an increase in active users [9] - Coinbase's Q1 revenue rose by 24% to $2 billion, but net profit plummeted by 94% to $66 million due to market price adjustments of crypto assets [10] - Pinterest's Q1 revenue increased by 16% to $855 million, with Q2 guidance exceeding expectations, highlighting the role of AI in enhancing user experience [11] - Affirm reported a turnaround in Q3 with a net profit of $2.8 million and revenue of $783 million, reflecting strong consumer demand for installment payment services [11] Industry Developments - Nvidia plans to launch a downgraded version of its H20 AI chip for the Chinese market in response to US export restrictions [12] - IAG is reportedly set to place an order for approximately 30 Boeing 787 Dreamliner aircraft, marking a significant win for Boeing following the new US-UK trade agreement [12]