Global financial media last night and this morning Headlines of common concern mainly include:
1、 Tesla will accelerate the launch of lower price models. The first quarter profit and revenue are lower than expected
2、 Artificial intelligence boom will drive natural gas demand in the next few years
3 、 International Energy Agency: The electric vehicle revolution is on track
4 、 US New House Sales Rebound and House Price Decline Slows
5、 Microsoft and Coca Cola reach a five-year cooperation agreement on cloud and generative AI plan
6、 Amazon launched a low-cost grocery distribution subscription program in the United States
Tesla will accelerate the launch of lower price models. The first quarter profit and revenue are lower than expected
After profit and revenue fell short of expectations for the third consecutive quarter, Tesla said it would accelerate the launch of more affordable models.
The electric vehicle manufacturer previously announced that it would start mass production of such vehicles in the second half of 2025, and now plans to advance the production time. Due to the weak demand for electric vehicles, the company has been facing the dilemma of declining sales.
In the first three months of this year, Tesla's adjusted earnings per share were 45 cents, and Wall Street expected 52 cents. Revenue fell to $21.3 billion, in line with the first year-on-year decline in delivery since 2020. Analysts expected sales of $22.3 billion.
Tesla rose more than% after hours. As of Tuesday's closing, the stock had dropped 42% this year, the worst performance among S&P 500 stocks.
Artificial intelligence boom will drive natural gas demand in the next few years
Analysts from Tudor Pickering Holt&Co, an investment bank, said in a report on Tuesday that the surge in power consumption in AI data centers may significantly boost natural gas demand in the next five years of this decade.
The report added that in order to meet the demand growth, 8.5 billion cubic feet of natural gas may be needed every day.
American power and technology companies are worried that the expansion speed of the American power system is not fast enough to meet the rapidly growing power demand of technologies such as generative artificial intelligence, which has prompted data center enterprises to bypass utility companies and directly reach agreements with power producers or establish their own supply.
International Energy Agency: The electric vehicle revolution is on track
According to the International Energy Agency, the global sales of electric vehicles will increase by more than one fifth this year to 17 million, which is mainly driven by Chinese drivers.
In a report on Tuesday, the International Energy Agency predicted that the "surge demand" for electric vehicles in the next decade would "reshape the global automotive industry and significantly reduce the oil consumption of road transportation".
The company predicts that by 2035, on the premise that the charging infrastructure keeps pace with the growth of car sales, half of the cars sold worldwide will be electric vehicles, while this year's proportion will exceed one fifth. The definition of electric vehicle by the International Energy Agency includes pure electric vehicle and plug-in hybrid vehicle.
The agency is optimistic about the long-term prospects of electric vehicles based on current government policies.
US New House Sales Rebound and House Price Decline Slows
The sales of new homes in the United States in March rebounded from the level after the downward revision in February, due to the continuous shortage of existing homes in the market, but this trend may be constrained by the rise in mortgage interest rates.
The Census Bureau of the US Department of Commerce announced on Tuesday that the sales of new houses increased by 8.8% last month, reaching an annual rate of 693000 after adjusting for seasonal factors, the highest level since September last year. The sales volume in February was reduced to 637000 units from 662000 units previously reported.
Economists surveyed had predicted that sales of new homes would increase by 670000 units.
Microsoft and Coca Cola reach a five-year cooperation agreement on cloud and generative AI plan
Microsoft and Coca Cola announced on April 23 that they would establish a five-year strategic partnership to adjust Coca Cola's core technology strategy across the system, promote the adoption of cutting-edge technology, and promote innovation and improve productivity globally.
As part of the cooperation, Coca Cola has committed to invest 1.1 billion dollars in Microsoft Cloud and its generative AI functions. Through cooperation, the two companies will jointly try to use new technologies such as Azure OpenAI services to develop innovative generative AI use cases in various business functions, including testing how Microsoft 365 Copilot can help improve work efficiency.
Amazon launched a low-cost grocery distribution subscription program in the United States
Amazon, an e-commerce giant, launched a new grocery distribution subscription program in the United States, targeting its Prime program members and customers who enjoy government food aid benefits. The subscription plan will allow Amazon Prime members to buy from Whole Foods Market, Amazon Fresh and other local groceries and professional retailers on the platform (including Save Mart Bartell Drugs, Rite Aid and Pet Food Express) order groceries over $35 and receive unlimited grocery delivery services.
This service will be provided in more than 3500 cities and towns across the country. Low income citizens who rely on the government's Supplemental Nutrition Assistance Program to maintain their grocery budget can enjoy the same benefits by paying only 4.99 dollars a month, and do not need Prime membership. Amazon's services also include free door-to-door delivery within one hour, and unlimited pickup within 30 minutes for orders of any size.
Safe, fast and guaranteed futures account opening on Sina cooperation platform
Massive information, accurate interpretation, all in Sina Finance APP
Editor in charge: Yang Chunduan
