KGI Securities Adjusts Price Target on Meta Platforms to $725 From $665
After hitting the 53rd closing new high of the year, the US stock market is once again ushering in the 'Christmas rally.'
Historically, when the U.S. stock market performs strongly in both the first quarter and the first half of the year (like in 2024), the year almost always ends with an increase.
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Technology stocks have become the market leader! Will the Pioneer Growth ETF outperform the s&p 500 again in 2025?
The Vanguard Growth etf has a strong record of outperforming the s&p 500, having surpassed this index on average every year since its establishment in 2004.
Tech Stocks Set For Strong Santa Rally As Wall Street Looks For An End To 'Regulatory Spider Web' In The Trump Era, Says Dan Ives
Express News | Meta plans to invest 10 billion USD to build an underwater communication cable that circles the Earth.
Meta tightens Australian advertising rules to curb financial fraud.
On December 2, Glonghui reported that Instagram (Ig) and Facebook (fb) parent company meta platforms' australia division announced tightened restrictions on displaying advertisements related to financial products or services to australian users, in order to curb the spread of financial traps on social media. In October of this year, meta announced it had removed 8,000 advertisements that fell under the category of "celeb bait." As part of assisting australian law enforcement in combatting online fraud, meta stated on Monday that it will confirm relevant information before publishing financial advertisements.
The US non-farm kicks off December trade, will the US stock market's 'feast' continue to party?
On Friday, the US Bureau of Labor Statistics will release the employment report for November. The latest data on job vacancies, private sector wage growth, as well as data on service and manufacturing activities, will also be released throughout this week.
Futu Morning Post | S&P hits historic new highs again! It is challenging the strongest annual increase after the millennium; American drone small cap stocks ride on the 'Donald Trump concept', soaring more than 9 times in November.
To add fuel to the December actions, the Governor of the Bank of Japan mentioned that the wage trend is key to raising interest rates; The hottest asset after the US election: the US bitcoin ETF single-month net capital inflow hits a record; It is said that Meta is planning to build a global underwater communication network, with a total investment amount possibly exceeding $10 billion.
Hong Kong stock market morning report on December 2: Funds have inflowed into U.S. stock funds for four consecutive weeks; electric vehicle companies' sales for November have been released.
①President-elect Trump met with Canadian Prime Minister Trudeau. ②The USA plans to impose tariffs of up to 271% on imported cecep solar energy from four Southeast Asian countries. ③Last Friday, the three major stock indexes in the USA collectively rose, with most china concept stocks trending higher. ④USA stocks fund attracted 12.78 billion US dollars, receiving inflows for the fourth consecutive week. ⑤BYD, XPeng Motors, and NIO released their November sales figures.
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After Trump's victory, what changes have the fortunes of billionaires undergone?
Elon Musk's position as the global richest person has been further solidified, while the wealth of other billionaires and entrepreneurs has declined.
Express News | Australian Prime Minister: Willing to discuss 'underage social media ban' with Musk.
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