Global Headlines | US stocks close lower across the board, Tesla's application to register the "Tesla Intelligent" trademark draws attention

【U.S. Stock Indices】

On January 16th, Eastern Time (Friday), the three major U.S. stock indices all closed lower, with the S&P 500 down 0.06% to 6,940.01; the Dow Jones Industrial Average down 0.17% to 49,359.33; and the Nasdaq Composite down 0.06% to 23,515.39.

【U.S. Bonds】

On January 16th, the benchmark 10-year U.S. Treasury yield was 4.24%, and the yield on the 2-year Treasury, which is most sensitive to Federal Reserve policy rates, was 3.59%.

【Popular U.S. Stocks】

Among popular U.S. stocks, Nvidia fell 0.51%, Google Class C declined 0.85%, Google Class A dropped 0.84%, Apple decreased 1.04%, Microsoft rose 0.70%, Amazon increased 0.40%, TSMC gained 0.23%, Meta declined 0.09%, Tesla fell 0.24%, Super Micro Semiconductor rose 1.72%, and Intel dropped 2.75%.

【Global Indices】

【China Indices】

On January 16th, overnight Hang Seng Tech Index futures fell 0.22%, Nasdaq China Golden Dragon Index declined 1.15%, and FTSE China A50 Index dropped 0.69%.

【Chinese Concept Stocks】

In popular Chinese concept stocks, Tencent Holdings (HK) fell 0.72%, Alibaba dropped 3.22%, Pinduoduo declined 0.70%, NetEase rose 1.38%, Baidu increased 0.09%, Ctrip gained 0.77%, Xpeng Motors fell 0.96%, Li Auto declined 1.22%, and NIO rose 1.72%.

【Forex and Commodities】

【Global News】

OpenAI Plans to Test Targeted Ads in ChatGPT

On January 16th, local time, OpenAI announced that in the coming weeks, it will launch ad testing within the ChatGPT app for some users in the United States. The ads will target free ChatGPT users and users of the new low-cost Go plan, which was first launched in India and is now expanding to the U.S., priced at $8 per month. The higher-priced ChatGPT premium version will still not display ads. (Jiemian News)

U.S. President Trump Praises Eli Lilly

U.S. President Trump praised Eli Lilly. (Cailian Press)

Apple’s First Foldable Phone iPhone Fold Launches A20Pro Chip Based on 2nm Process

Analysts say Apple’s first foldable phone, iPhone Fold, will be released in September this year, alongside the iPhone 18 Pro and iPhone 18 Pro Max, featuring the A20Pro chip. The A20Pro will be manufactured using TSMC’s new 2nm process, offering a 15% performance boost and 30% energy efficiency improvement over the A19. It will utilize WMCM (Wafer-Level Multi-Chip Module) technology, integrating memory, CPU, GPU, and NPU on a single wafer, eliminating the need for silicon intermediary layers. (Ke Chuang Ban Daily)

HSBC: Alibaba’s Qianwen Update Is an “Important Step” in Consumer AI Applications

HSBC analysts stated in a research report that Alibaba’s recent update to its Qianwen app is an “important step” in the development of consumer AI applications. They noted that Alibaba leverages its comprehensive ecosystem covering online shopping, food delivery, navigation, travel agencies, and payments. They added that user experience is “positive but not perfect.” This development could bring more traffic to Alibaba’s platform, though improving the AI assistant’s functions may take time. The analysts maintain a buy rating on Alibaba’s ADRs with a target price of $193; the latest ADR price is $170.93.

Tesla Applies to Register Two “Tesla Smart” Trademarks

Qichacha app shows that Tesla recently applied to register two “Tesla Smart” trademarks in international classes for scientific instruments and design research. Both trademarks are currently in the application stage.

DeepMind CEO: China’s AI Models Are Only a Few Months Behind the U.S.

On Thursday, U.S. Eastern Time, Demis Hassabis, CEO of DeepMind (a Google subsidiary and leader in AI), said in a podcast that China’s AI models are only a few months behind the U.S. and Western countries. Hassabis stated that Chinese AI developers, including DeepSeek and the “Big Six” Chinese AI companies, have released several advanced models over the past year, performing at levels comparable to their U.S. counterparts on major AI benchmarks. Chinese tech giants like Alibaba, Baidu, and Tencent have also increased their AI investments over the past year.

Tesla Applies for “Tesla Smart” Trademark in China

Tianyancha IP info shows that Tesla recently applied to register two “Tesla Smart” trademarks in China, in classes for scientific instruments and website services, both currently awaiting substantive review. (Jiemian News)

Supply Chain Sources: Apple’s Smart Glasses Expected to Debut as Early as Q2

On January 16th, a supply chain insider revealed that Apple’s AR glasses are planned to launch this year, with an initial release expected in the second quarter. They stated, “The pre-production models look very good; while not revolutionary, they have design advantages over existing products.” However, the insider also confirmed that the domestic and overseas versions of Apple’s glasses will differ in content ecosystem and AI features, similar to the current iPhone and Apple Vision Pro versions. Since mass production has not yet begun, specific functions are unknown, but the glasses will rely on pairing with the iPhone and will not have a standalone display, supporting features common to mainstream smart glasses. (Jiemian)

Brands like Huawei and Xiaomi Included in iPhone Trade-In Program

On Apple’s official website, Huawei, OPPO, vivo, Xiaomi, and other brands are included in the Apple Trade-In program, allowing their phones to be used for iPhone trade-ins. For example, trading in certain Huawei models can get up to 4,000 RMB off on a 1TB iPhone 17 Pro. (Yicai)

Apple’s Lunar New Year Stocking Still Not Fully Started

On January 16, 2026, Apple’s regional trading remained somewhat sluggish, with the Lunar New Year stocking not yet fully underway. Buyers remain cautious, with inventories mainly from existing stock. Trade activity among farmers in Shandong, Shaanxi, and Shanxi is limited, and the market for general and inferior goods is somewhat pressured, with mainstream transaction prices slightly weak. (Zhongguo Guo Wang)