Key News
1. Goldman Sachs stated that some indicators show optimism in the US stock market is above historical averages, but still below levels seen at market peaks in 2000 and 2021.
Individual Stock News
1. Eli Lilly (LLY.N) announced trial results for its next-generation weight-loss drug, which can alleviate various symptoms including sleep apnea.
2. SEC filings show that Netflix (NFLX.O) has appointed Jay Hoag as Chairman of the Board, effective from the annual meeting.
3. According to South Korean private news agency NEWSIS: Nvidia (NVDA.O) CEO Jensen Huang and SK Group Chairman Chey Tae-won will announce a collaboration plan on Monday.
4. ASML (ASML.O): Elon Musk will speak at the company's virtual technology conference, where he will discuss Project TERAFAB, his vision for artificial intelligence, and chip manufacturing.
5. Amazon (AMZN.O) announced an agreement with Corning (GLW.N) to expand its U.S. fiber optic manufacturing, creating 1,000 advanced manufacturing jobs in North Carolina.
6. Nvidia (NVDA.O) CEO Jensen Huang: SK Hynix's plan to double its wafer capacity by 2030 is not enough.
7. Elon Musk recently expressed optimism about Micron Technology (MU.O) in an interview at JPMorgan Chase's global headquarters. He stated that "the real bottleneck is chip manufacturing capacity," and Micron's current capacity is far from meeting actual chip demand.
8. Johnson & Johnson (JNJ.N) will acquire biotechnology company Firefly Bio for $1 billion in cash, aiming to expand its anti-cancer drug development pipeline.
9. Alibaba (BABA.N) upgraded its large-scale organizational structure, establishing a Token Foundry business unit.
