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U.S. stocks closed mixed: the three major Indexes showed different trends as investors focused on Technology stock Earnings Reports.
① Most China Concept Stocks rose, with the Nasdaq China Golden Dragon Index up 0.68%; ② IBM announced a 150 billion dollar investment plan; ③ Sony Group is reportedly considering splitting its Semiconductors business; ④ NXP Semiconductors Q1 revenue was 2.84 billion dollars, higher than market expectations.
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"LABUBU 3.0" is very popular in the USA. What does it mean for POP MART?
Morgan Stanley pointed out that POP MART's plush products have become the company's most important growth catalyst due to their "fashion practicality." With the company's rapid expansion in the USA and Southeast Asia, sales are expected to double in 2024 and increase by another 47% in 2025.
Will the US Stock Market's Rebound Ignite Your Next Trade?
POP MART is making waves again! The app has topped the charts for two consecutive days, with long lines overseas, and the stock price has surged by 10%.
On April 24, the popular IP LABUBU under POP MART released its latest series, and the following day, the official APP topped the USA App Store shopping list. POP MART stated that it sees the potential for LABUBU to become a "global super IP" and aims to promote LABUBU to become the "future Mickey Mouse or Pikachu."