The Trump team plans to cancel the $7,500 electric car tax credit, causing a sharp drop in electric car stocks.
The Trump team is considering canceling the $7,500 electric vehicle subsidy policy to fund its tax reduction plan. This policy is one of the measures adopted by the Biden administration to combat inflation. Trump supporters and the oil industry hope to cancel electric vehicle tax incentives, while the auto industry groups are calling for retention. Musk believes that canceling the subsidy policy will not have a significant impact on Tesla, but will rather cause more trouble for competitors. Electric vehicle stocks plummet, with Tesla down 5.77% and "Tesla rival" Rivian down 14.3%.
US stock market early trading | The three major indices are mixed, with outstanding stock prices showing a promising trend! The fintech company Dave rose by over 45%, while "SpaceX competitor" RKLB rose by over 30%.
As of press time, the Dow Jones fell by 0.12%, the Nasdaq fell by 0.38%, and the s&p 500 index fell by 0.23%.
US stock market outlook | October CPI data meets expectations, the three major futures indexes rise before the market opens; high-performing stocks soar! Spotify rises over 8%.
usa October CPI will be released tonight: core inflation is expected to remain strong, overall inflation will rebound; signs of a bubble in high-risk areas of the stock market, market excitement and concerns coexist after Trump's victory; super micro computer delays the submission of the 10-Q quarterly report, stating the need for more time to find a new audit firm.
Futu Morning Post | Global Attention! The USA election enters the final showdown moment; Goldman Sachs: Fasten your seatbelts on election day, any clear outcome will severely impact the volatility of US stocks.
Technology giants drive the simultaneous rise of the three major indexes, with nvidia's market cap rising to first in the world; super micro computer falls nearly 15% after-hours, second-quarter net sales outlook lower than expected.
The election has officially kicked off! The ultimate choice for the President of the United States, these four contingency plans are here to "escort" you.
In 2024, the usa presidential election may have four main outcomes (victory of two candidates, with different combinations of congressional control), each of which could have different impacts on the global financial markets.
The election storm is sweeping through the financial markets, with investment banks beginning to pay attention to the potential impact of Elon Musk taking office.
Elon Musk has pledged to find a $2 trillion reduction target in the government budget, and Piper Sandler, an American investment bank, has compiled a list of the 100 stocks most affected by this plan. Overall, Piper's list ranges from aviation and aerospace equipment companies to defense manufacturing, biopharmaceuticals, and health plan providers.
USA election, who will win? The two main candidates are battling in the 'swing states', this guide for watching and trading is worth collecting!
This may determine the direction of the US economy for the next four years. This may determine the direction of the US economy for the next four years.
We Think That There Are Some Issues For PGF Capital Berhad (KLSE:PGF) Beyond Its Promising Earnings
Daily Bulls and Bears | Tencent led the way in network technology stocks last Friday! Multiple bull certificates doubled in value; Hang Seng Index night futures closed at 20,490 points, with a total net outflow of over 55 million Hong Kong dollars from lo
As of last Friday's close, the market turnover was 141.483 billion Hong Kong dollars, with the total turnover of all warrant bull and bear certificates at 15.226 billion Hong Kong dollars, accounting for 10.8% of the market turnover, of which the bullish position accounts for 6.0% and the bearish position accounts for 4.7%.
One week ahead | Witness history! The US election voting day is approaching, and the Fed interest rate decision is coming.
Apart from the Federal Reserve, the Bank of England, Reserve Bank of Australia, etc. will also announce interest rate decisions; Super Micro Computer, which is embroiled in financial fraud scandals, will release the latest quarterly financial report; The 12th session of the 14th National People's Congress Standing Committee will be held.
Countdown to the USA election, when will the results be announced? Please keep this viewing guide handy!
"The big show" is about to begin, grab your "program."
Direct hit on the usa election | Trump VS Harris, how should investors deal with the election market?
The current market generally believes that, given Trump's current stance, he supports traditional energy, infrastructure construction policies; while if Harris takes office, she tends to welfare policies, marijuana legalization, green energy, USA export growth, housing support, etc. It is worth noting that market views believe that whether it is Trump or Harris taking office, it is bullish for cryptos and gold.
PGF Capital's 2Q25 Revenue Surges 41% YoY
PGF Capital Malaysia 2nd-Quarter 2024 Earnings Summary Table
PGF: Quarterly rpt on consolidated results for the financial period ended 31/08/2024
AI new opportunities? Stocks related to small nuclear reactors concept are gaining popularity, with this US stock rising over 140% in six days.
Yesterday, the US nuclear power stocks closed with mixed gains and losses, but small nuclear reactor concept stocks continued to soar. Nano Nuclear Energy rose by over 34%, Oklo surged by over 22%, and NuScale Power increased by over 4%.
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Is Weakness In PGF Capital Berhad (KLSE:PGF) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?
Brokers Digest: Local Equities - Supercomnet Technologies Bhd, Muhibbah Engineering Bhd, PGF Capital Bhd, SMRT Holdings Bhd
PGF Capital Acquires Land In Kulim For RM40 Million