Nvidia(US:NVDA) Mei Ri Jing Ji Xin Wen·2026-02-27 11:17Market Overview - Major U.S. index futures are down, with Dow futures falling by 0.40%, S&P 500 futures down by 0.22%, and Nasdaq futures decreasing by 0.10% [1] Chinese Stocks Performance - Chinese stocks showed mixed results in pre-market trading, with Alibaba down by 0.95%, Pinduoduo up by 0.41%, Baidu up by 0.88%, and JD.com down by 0.59% [2] AI and Technology Developments - Nvidia rebounded by 0.8% after a previous drop of 5.46%. This was influenced by a report indicating that China's AI model API usage surpassed that of the U.S. for the first time, with 4.12 trillion tokens compared to the U.S.'s 2.94 trillion tokens [3] - CoreWeave, a cloud infrastructure provider, saw a pre-market drop of nearly 10% due to concerns over massive capital expenditures projected to be between $30 billion and $35 billion for 2026, significantly higher than $10.31 billion in 2025 [3] - Netflix shares rose nearly 9% after the company refused to increase its acquisition offer for Warner Bros, stating the deal no longer holds financial appeal [3] - Meta reportedly signed a multi-billion dollar agreement with Google to rent AI chips for developing new AI models [3] Market Sentiment on AI - Morgan Stanley suggested that fears regarding AI replacing enterprise software are overstated, predicting that full replacement will not occur until at least 2028. Current AI tools are seen as augmentative rather than fully substitutive [3] Supply Chain Issues - A shortage of rare earth elements, particularly yttrium and scandium, is affecting U.S. aerospace and semiconductor suppliers, with at least two suppliers reportedly refusing to accept certain customer orders due to the scarcity [3] Company-Specific Updates - Duolingo's shares fell nearly 23% in pre-market trading after the company reported a 35% year-over-year revenue increase to $282.9 million for Q4, but provided a conservative outlook for Q1 2026, expecting revenue of $288.5 million, below market expectations [4] Economic Data Release - The U.S. Producer Price Index (PPI) data for January is set to be released tonight at 21:30 [5]