US May PPI unexpectedly declined, Nasdaq opened up 0.6%, Broadcom surged over 13%, Bilibili rose more than 11%
Broadcom's second-quarter revenue exceeded expectations and raised its full-year guidance; Nvidia rose nearly 3%; most Chinese concept stocks rose, with Li Auto and TAL Education up over 3%
U.S. May PPI unexpectedly showed the largest month-on-month decline since October last year, providing solid evidence of cooling inflation, with slight gains for the S&P and Nasdaq on Thursday.
On Thursday, the Nasdaq rose by 0.6% at the opening, the S&P 500 index rose by 0.3%, and the Dow fell by 0.3%.
Tesla surged over 6%, with Musk's $56 billion compensation approved.
Broadcom rose over 14%, with second-quarter revenue exceeding expectations and raising annual guidance.
NVIDIA rose nearly 3%, with its stock price hitting a historical high of $129.74, reaching a market value of $3.19 trillion during trading.
Most Chinese concept stocks rose, with Li Auto and GSX Techedu up over 3%, and Baidu, Nio, and ZEEKR up over 1%.
Bilibili surged over 11%, with its mobile game "Three Kingdoms: Strategy Conquest" entering the second place in the free iPhone game rankings on the Apple China App Store after its public beta on Thursday.
