Xin Lang Cai Jing·2026-01-02 23:34Market - On January 3, US stocks closed mixed, with the Dow Jones and S&P 500 rising due to AI-related stocks, while the Nasdaq slightly declined. Nvidia, AMD, and Micron contributed to the gains, with Micron's stock rising approximately 10% to a record high. However, Tesla's stock fell over 2% due to poor delivery numbers [1][2] - The Nasdaq Golden Dragon China Index rose 4.38% on January 3, with notable gains in Chinese stocks such as Alibaba (up 6.24%) and Baidu (up 15.03%). However, UMC saw a decline of 0.51% [3] - Oil prices slightly decreased after recording the largest annual decline since 2020, with Brent and WTI crude oil both dropping by 10 cents. Analysts expect OPEC+ to maintain production cuts in the first quarter of 2026 [4] - European stocks reached record highs at the start of 2026, with the Stoxx Europe 600 index rising 0.7% and the UK FTSE 100 index surpassing 10,000 points for the first time [5] Company - BYD surpassed Tesla to become the world's largest electric vehicle seller in 2025, with a 28% year-on-year increase in pure electric vehicle sales to 2.26 million units. Tesla's deliveries fell by approximately 8% to 1.64 million units, marking a second consecutive year of decline [10][12] - Micron Technology's stock surged over 10% to a record high, driven by strong demand for AI, leading to significant improvements in profitability. The company is accelerating its domestic wafer fabrication plans to capitalize on market opportunities [11] - AQR Capital Management's multi-strategy product Apex achieved a return of 19.6% in 2025, while its market-neutral Adaptive Equities Strategy realized a 24.4% return. The firm's assets grew to $189 billion, with a record increase of $75 billion [15] - Berkshire Hathaway entered the post-Buffett era as Warren Buffett handed over leadership to Greg Abel. The company's stock performance has lagged behind the S&P 500, raising concerns among investors [23] - Saks Global's CEO is expected to step down as the company prepares to file for bankruptcy, following difficulties in meeting debt obligations from its merger with Neiman Marcus [18]