"Black Friday" Quick Report: The United States experiences two extremes of offline and online shopping, with online shopping expected to set a new record again!
① Sales on Black Friday in the usa were booming, with total retail sales in physical stores and online growing by 3.4% year-on-year; ② Consumers are increasingly leaning towards online shopping, with data showing that physical store sales grew by less than 1%, while online sales surged by 14.6%; ③ The industry also expects that spending on Cyber Monday will reach 13.2 billion dollars, a year-on-year increase of 6.1%.
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.
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Elon Musk's position as the global richest person has been further solidified, while the wealth of other billionaires and entrepreneurs has declined.
The usa's Black Friday consumer performance was mediocre, but online shopping set a new record.
Data shows that this year, the consumer spending on Black Friday in USA retail stores only increased by 0.7%. In contrast, e-commerce sales in USA increased significantly by 14.6%, indicating that American consumers who pursue value for money are more inclined to shop online. At the same time, siasun robot&automation chatbots have driven a sharp increase in traffic to retail websites, with a 9% higher conversion rate for digital retailers using siasun robot&automation compared to those that do not use AI.
taiwan semiconductor founder revealed: 11 years ago, Huang Renxun was invited to be the company's CEO.
① TSMC founder Morris Chang revealed in the second volume of his autobiography that he invited nvidia CEO Jensen Huang to become TSMC's CEO twice in 2013, but the invitations were politely declined. ② Chang stated that Huang was one of the ideal candidates at the time due to his personality, professional background, and knowledge of semiconductors. ③ Huang mentioned that he already had a job, and Chang appreciated his honesty, leading both companies to maintain a strong partnership.
Black Friday Spending Hits $10.8B, Keeping up the Holiday Season's Record-setting Pace
Can Trump's election boost retail? The test of 'Black Friday' is coming.
The media has found that voters supporting Trump are optimistic about the economic outlook, while Harris's supporters are more pessimistic. Behavioral finance experts say that Republican spending may be influenced by their optimistic sentiment, while the emotions of Democrats may suppress their spending.
US stocks closed | The three major indices rose together, the Dow and S&P continued to hit historical highs; most large technology stocks rose, nvidia rose more than 2%, Tesla soared more than 38% in the month, the best performance in nearly two years
US stocks posted weekly gains of over 1%, with the Dow rising by 7.5% in November and the S&P up 5.7%, both achieving the best performance of the year. The Nasdaq accumulated an increase of over 6%, small-cap indices rose by nearly 11%, the chip index rose by 1.5% on Friday but declined monthly, and Tesla saw a monthly increase of over 38%, its best performance in nearly two years.
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