Di Yi Cai Jing·2025-07-03 01:14Group 1: Labor Market Concerns - The U.S. private sector saw a surprising decline of 33,000 jobs in June, significantly below the expected increase of 98,000, marking the first negative growth since March 2023 [2] - The service sector experienced the largest job loss since the pandemic, with a reduction of 66,000 positions, primarily in professional/business services and healthcare/education [2] - Market concerns are heightened regarding the upcoming non-farm payroll report, with traders increasing bets on a 24.3% chance of a rate cut by the Federal Reserve in July [2] Group 2: "Big and Beautiful" Bill Impact - The U.S. Senate passed a comprehensive tax and spending bill, expected to raise the debt ceiling by $5 trillion, which is higher than the previous House version [3] - The bill includes extended tax cuts and increased investment tax credits for chip manufacturers, benefiting companies like Intel and Micron if they establish factories in the U.S. by 2026 [3] - Semiconductor stocks generally rose, with the Philadelphia Semiconductor Index increasing by 1.88%, while some companies like Intel saw declines of over 4% [3][4] Group 3: Tesla's Performance - Tesla reported a record year-on-year decline in Q2 vehicle deliveries, selling 384,122 cars, a drop of 13.5% compared to the previous year [5] - Despite the decline, Tesla's stock rose nearly 5%, with the Shanghai factory achieving a 0.8% year-on-year increase in deliveries for June [5] - The company's profitability is under pressure, with Q2 net profit down 45% year-on-year, while energy storage deployment reached a record 9.6 GWh [6] Group 4: Apple’s Foldable Devices - Apple is reportedly developing a foldable iPhone, expected to enter the market in late 2026, while plans for a foldable iPad have been shelved due to production challenges [8] - The initial shipment target for the foldable iPhone is approximately 7 million units, although final numbers may be lower [8] - The global foldable smartphone market is projected to see a decline in shipments in 2024, with a recovery expected in 2025 [8][9] Group 5: Amazon's Automation - Amazon announced that its operational network now includes 1 million robots, with plans for further automation, potentially reducing the average number of warehouse employees to the lowest level since 2016 [10] - The integration of AI is expected to enhance efficiency and reduce overall employee numbers, while also creating new roles such as robotics technicians [10] - The automation trend raises concerns about structural unemployment for low-skilled positions, despite claims of human-robot collaboration [10]