The USA's existing home sales in 2024 hit the lowest point since 1995, marking a decline for three consecutive years.
In December, home sales in the USA exceeded expectations, increasing for the third consecutive month, marking the longest period of continuous growth since late 2021. However, last year's total home sales still recorded the worst figures since 1995, while in 1995, the population of the USA was about 70 million fewer than it is now. The median home price in December rose by 6% year-on-year, reaching 0.4044 million dollars.
Top 20 by transaction volume | Meta rose nearly 2% against the market to a new high, planning to spend at least 60 billion dollars on capital expenditures this year; Google increased by over 1%, with its stock price surpassing 200 dollars.
On Friday, NVIDIA had the highest trading volume in the U.S. stock market, closing down 3.12% with a transaction amount of 33.633 billion USD. The stock has fallen below the short-term Resistance near the high point of 144 USD from October 2024, which is seen as a bearish signal. Tesla, ranked second, closed down 1.41% with a transaction amount of 22.994 billion USD. Tesla Autos plans to recall certain imported Model S, Model X, and domestic Model 3 and Model Y electric vehicles produced between July 16, 2023, and December 14, 2024, totaling 0.3357 million vehicles. The vehicles within this recall scope,
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The demand for AI Chips continues to surge! Meta (META.US) continues to invest heavily in AI, planning to spend 650 million dollars this year.
Zuckerberg stated that Meta will invest up to 65 billion dollars in AI by 2025, which means this year's capital expenditure will increase by 50% compared to the spending in 2024; Meta had previously announced in December an investment of 10 billion dollars to build new Datacenters.
U.S. stocks closed | The three major indexes slightly retreated, with Meta rising counter to the market by 1.73% to reach a historic high; Chinese concept stocks surged, with Kingsoft Cloud and iQIYI both up over 10%.
The three major U.S. stock indexes halted a four-day winning streak, each rising for two consecutive weeks; NVIDIA fell over 3%, while Meta rose nearly 2%, setting a new high, and Netflix's Earnings Reports showed a weekly increase of nearly 14%; the China Concept Index closed up nearly 4%; Novo-Nordisk A/S stock surged 7%. U.S. Treasury yields have declined for two weeks in a row. The USD reached a one-month low and the largest weekly drop in over a year; after the Bank of Japan raised interest rates, the yen approached a one-month high; the offshore Chinese yuan rose over 500 points during trading, breaking above 7.24, and reaching a near two-month high; Bitcoin rebounded over $4,000, surpassing the 0.107 million mark. Crude Oil Product left a two-week low, but experienced its first weekly drop in five weeks. Gold approached record highs during trading, marking its fourth consecutive weekly increase.
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On January 24th ET, $Invesco QQQ Trust(QQQ.US)$ had active options trading, with a total trading volume of 3.96 million options for the day, of which put options accounted for 50.27% of the total
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