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European and American stock markets crash? "The Fed is really on the verge of running out of ammunition and food"

  Market news丨European and American stock markets crash?  "The Fed is really on the verge of running out of ammunition and food" Wang Lin   ·    11 minutes ago attention The rebound of the epidemic in Europe and the United States and the delay of the two parties in the United States to reach agreement on a new round of fiscal stimulus bills are important factors in the decline of major indexes. Text | Wang Lin Edit | PAN  Anna Affected by factors such as the rebound of the epidemic, negative sentiment permeated the market. On Wednesday, the three major U.S. stock indexes fell sharply, the S&P 500 index fell below an important technical barrier, and the  VIX panic index soared by more than 20%, breaking through the 40 mark.  European stocks, crude oil, and precious metals also weakened. At a critical moment, former New York Federal Reserve President Dudley issued a warning, "The Fed is really on the verge of running out of ammunition and food." U.S. stocks plumme

BMW and Ali reached a cooperation, becoming the first car company to access Ali's commercial operating system

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  The two parties will jointly launch the first dealer online sales and service business for high-end car brands. BMW and Ali reach cooperation Recently, BMW and  Alibaba  signed a memorandum of strategic cooperation, becoming the first auto company to access  Alibaba  's commercial operating system. According to the memorandum of cooperation, the two parties will jointly launch the first dealership online sales and service business for high-end auto brands, and open up online and offline user experience.  The online user traffic generated by the two parties in the cooperation will be diverted to distributors and create more business opportunities for them.  With the help of Alibaba's global membership system, BMW and MINI brands under BMW will carry out marketing activities and brand membership services on Alibaba's multiple online platforms to increase user stickiness and activity and drive business growth.  According to the BMW announcement, in the future, with the suppo

The increase is comparable to Tesla, BYD staged a shocking reversal

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  The new high market value is difficult to conceal and the challenges remain. How disappointing the beginning of the year, BYD is now so beautiful. On July 13, BYD's market value exceeded 267.1 billion yuan, surpassing SAIC to become the auto company with the highest value in the A stock market. Since then, BYD's market value has continued to rise and is currently about 130 billion yuan higher than SAIC.  Compared with the lowest point in March, the share prices of BYD Hong Kong stocks and A-shares have tripled and quadrupled, respectively-an increase comparable to Tesla. But only half a year ago, the situation facing BYD was still extremely bleak.  In February, BYD's auto sales plummeted 80% due to the epidemic.  The 2019 annual report released in April showed that BYD’s net profit dropped by 42%, which revealed the lack of BYD’s own hematopoietic capacity after the decline of new energy subsidies.  In late March, BYD's stock price has fallen to freezing point. Today