Is Trump's tariff threat just the beginning? Two major differences in the new term!
Analysts warn that one should not assume a complete understanding of what is currently happening and how to respond just because they have experienced the Trump 1.0 era.
OpenAI's Sora Video Model Leak Exposes Deep Rift With Artists — Unpaid R&D, PR Puppets, And Content Approval Fury: What You Need To Know
Express News | The judge stated that the trial of the Google search antitrust case will not be postponed due to Trump appointing officials to the Department of Justice.
"Trump 2.0" deters the global? South Korea plans to increase support for chip companies and introduce $10 billion low-interest loans next year.
① South Korea plans to increase financial support for domestic chip manufacturers next year to address the challenges posed by the 'Trump 2.0' policy and competitors like China; ② The South Korean Ministry of Finance stated that low-interest loans will reach 14.3 trillion won (approximately 10.2 billion USD) next year to support new chip park enterprises and others.
Daily digital currency update summary (2024-11-27)
StanChart's global head of digital assets research, Geoff Kendrick, stated that the recent BTC pullback is mainly influenced by changes in the US Treasury market. He explained that the drop in US Treasury yields has boosted market confidence, potentially temporarily weakening bitcoin's appeal as a hedge tool.
As soon as Trump raised the tariff stick, the North American metal and auto industries were already hit.
On Monday, Eastern Time, President-elect Trump of the United States announced his plan to impose tariffs of up to 25% on imports from Mexico and Canada after taking office, triggering immediate reactions in the forex market. The US dollar rose more than 2% against the Mexican Peso, reaching a four-year high against the Canadian Dollar. Trump's move aims to address illegal immigration and drug issues, but analysts widely believe that this tariff policy may have profound implications for the economies of the USA and its neighboring countries.
Cathie Wood's Latest Tesla Dump: Ark Sells $18M Worth Of Stock
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Lifting a rock to smash one's own foot! As soon as the threat of tariffs from Trump emerged, the stock prices of usa automotive giants plummeted.
① The usa's incoming president Trump threatened to impose a 25% tariff on imported commodities from Mexico and Canada, causing shares of major us autos companies to plummet, with general motors falling nearly 9%. ② The tariffs may harm employment in both the usa and Mexico, and deal a blow to us consumers, which is undoubtedly Trump "lifting a rock only to drop it on his own foot."
Is OpenAI experiencing a "fire in the backyard"? Sora is suspected to have been maliciously leaked, internal testers say: the compensation is too little.
①Through a brief text description, Sora can generate videos in three resolutions: 1080P, 720P, 360P, with a duration of up to 10 seconds; ② The leaker, who is suspected to be a part of the artists involved in Sora's internal testing, has also issued a letter of accusation.
Express News | US stock night trading: dell technologies plummeted by nearly 11% after its performance, microstrategy rose by over 3%
Our Number One Name: Tesla
Futu Morning Report | The US stock market party continues! The s&p 500 index has risen for seven consecutive days, setting a new historical high; Federal Reserve meeting minutes: future interest rate cuts will be cautious, and the end of monetary easing i
Market response to Trump's tariff threats: auto stocks wail, the Canadian dollar hits a four-year low, and the Mexican peso plunges nearly 3%; dell technologies drops over 10% after hours, with total net revenue for the third quarter at 24.37 billion USD, below analyst expectations.
US Stock Futures Steady With PCE Inflation in Focus
Amgen weight loss drugs have a remarkable effect of reducing 20% body weight, but with relatively high side effects, leading to a temporary large drop of over 12% during trading hours.
Although the weight loss effect of amgen's MariTide drug met expectations, the high side effects, lower than eli lilly and co's Zepbound, and the trial results falling below Wall Street's high expectations, led to amgen's stock price plunging over 12.3% on Tuesday, far behind eli lilly and co and novo-nordisk a/s, which benefited from the Biden policy rise at the same time. In a one-year trial, MariTide helped non-diabetic patients lose up to 20% of their weight, comparable to the maximum dose effect of eli lilly's Zepbound. However, the side effects are significant, with about 11% of patients dropping out of the trial due to side effects, higher than eli lilly's 7%.
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
Stock Futures Are Little Changed as Wall Street Awaits Fed's Preferred Inflation Reading
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