Trump's tariff plan is unpopular! More than half of the USA population opposes imposing taxes on commodities from Mexico.
Standard & Poor's stated that the tariffs in the USA will raise inflation rates and reduce economic output, while some individuals and businesses are stockpiling goods in anticipation of tariff concerns, leading to a significant increase in throughput at the Port of Los Angeles and Long Beach in November.
U.S. stock market close | The Federal Reserve takes a hawkish stance, three major Indexes drop together, with the Nasdaq down over 3%; Tesla falls over 8%, leading the decline among Technology giants, while Quantum Computing concept stock, Quantum, soars
The Dow Jones experienced ten consecutive declines, marking the longest streak of losses since 1974. The S&P fell nearly 3%, and the Nasdaq dropped over 3%. Tesla led the tech giants down with a decline of over 8%. The chip index fell nearly 4%, with Broadcom dropping nearly 7%, and NVIDIA initially rose nearly 5% during the day before turning negative. Micron Technology, which provided disappointing guidance for this fiscal quarter, fell over 10% in after-hours trading.
Shares of Semiconductor Companies Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
Broadcom, Marvell, Analog Devices Among JPMorgan's Favorite Chip Stocks for 2025
Omdia: The consumer Virtual Reality market continues to decline in 2024, with headset sales dropping by 10% year-on-year to 6.9 million units.
Omdia's latest research shows that the Consumer Virtual Reality market will continue to decline in 2024.
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
U.S. stock market closing | All three major indexes fell, with the Dow experiencing nine consecutive declines; Tesla rose over 3% to reach new highs, and Quantum Computing concept stocks surged again, with QUBT skyrocketing over 51%.
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
Broadcom is迎来了 its "NVIDIA moment".
Before joining the "trillion dollar club", Broadcom's Market Cap had already reached around 800 billion USD. The rise of such a large AI Chip stock has made Wall Street think of NVIDIA.
Applied Materials, Lam Research, KLA See Price Target Cuts as Citi Reduces 2025 Wafer Fab Equipment Estimates
Is KLA Corporation (KLAC) the Best Semiconductor Equipment Stock to Buy Now?
Tianfeng: The "calm period" before Trump's inauguration.
The main risk in the future is that the currently relatively stable debt situation of the USA households may undergo nonlinear changes, rapidly deteriorating and leading to interest rate cuts by the Federal Reserve being greater than expected.
KLA (KLAC) Rises But Trails Market: What Investors Should Know
Semiconductor Equipment Stocks in Focus as Deutsche Bank Cuts 2025 Estimates
BofA Securities Adjusts KLA Price Target to $800 From $860
Former Google CEO Eric Schmidt Calls for 'Unplugging' AI Systems When They Reach Certain Capability
Citigroup Adjusts Price Target on KLA to $832 From $900
Deutsche Bank Maintains KLA Corp(KLAC.US) With Buy Rating, Cuts Target Price to $725
Deutsche Bank Adjusts Price Target on KLA to $725 From $750, Keeps Buy Rating
Trump's tariff threats are serious! Executives from American companies face obstacles in their lobbying efforts.
Executives initiated lobbying efforts to soften Trump's trade policies, but Trump's team stated that the threat of tariffs should be taken seriously, as advisors are nearly powerless to stop him.
What is Biden planning to do in the last few weeks of his term? The focus will be on AI, pardons, and climate goals...
① Biden plans to take action on AI, pardons, and other areas in the final weeks of his term; ② White House Communications Director Ben LaBolt revealed in a memo that Biden will focus on four major areas: AI, providing financial incentives, climate goals, and reducing sentences and pardons.