[Morning must-read] Last night, U.S. stocks rose and fell. The Nasdaq and S&P continued to hit record highs, and the Dow fell 0.08%. However, due to the flat domestic fundamentals, Chinese stocks still fell across the board, and the Nasdaq Golden Dragon Index fell 1.05%. Let's talk more about some peripheral technology stocks.

Last night, Nvidia rose more than 1%, Apple and Tesla rose less than 1%, among which Apple's market value approached 3.5 trillion US dollars, surpassing Microsoft to return to the first place.

People from Apple's industrial chain companies told reporters that Apple recently slightly raised the target guidance for iPhone16 series inventory. During the domestic "6.18" e-commerce promotion in June, Apple adopted a price reduction promotion strategy. After the price reduction, the sales of the iPhone15 series increased significantly, which may boost Apple's expectations for the iPhone16 series.

This may drive the consumer electronics sector, but considering that Apple's increase last night was not too large, this hot spot effect should not be strong.

Nvidia's stock price rose again yesterday, and the market was surprised by two-sided ratings. UBS boldly raised its target price to $150, which also stimulated Nvidia's stock price, which once rose by nearly 4% in early trading.

The US rating does affect the company's stock price. In addition to Nvidia, analysts such as Morgan Stanley and JPMorgan Chase have raised their forecasts for TSMC, and the company is expected to raise its full-year sales forecast when it releases its financial report next week. In addition, they expect TSMC to increase wafer prices.