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U.S. stocks officially opened, with all three major indexes rising slightly across the board: the Dow Jones Industrial Average opened up 0.18%, the S&P 500 climbed 0.41% at the open, and the Nasdaq led gains, up 0.63% at the open.
Stock-specific performance diverged sharply: storage chip-related names were weaker, with SK hynix’s U.S. ADR opening down 7%; Chinese concept stocks Alibaba (BABA.N) saw a strong surge, with the open-up move exceeding 4%.
With the catalyst playing out, Apple’s domestic (Mainland China) Apple Intelligence has completed the filing. Tongyi Qianwen has been confirmed as the core AI large-model capability to be integrated into Apple’s full lineup of intelligent devices, directly driving market funds to chase Alibaba’s stock price. #PreIPOs第二期OpenAI认购 $BTC