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Futu Morning Post | South Korea's president announced 'emergency martial law' late at night, stirring up the market; high-performance stocks collectively celebrate after hours! Marvell Technology, salesforce surged more than 10%.
Will the interest rate be cut in December? The Fed's voting members this year are "doing Tai Chi": regardless of cutting or not, interest rates should continue to decline; Nasdaq and S&P hit new highs again! Apple has risen for seven consecutive days to create a new historical high; Palantir rose nearly 7% to create a new historical high again, with the company's cloud computing service receiving a "highly authorized" certification.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
Tesla's major shareholder, Liao Kaiyuan, warns: the 1929 stock market crash is about to repeat, no longer fully investing in Tesla, switching to short-term US Treasury bonds.
Tesla's major shareholder, Liao Kaiyuan, recently posted that a stock market crash similar to that of 1929 is approaching. He wants to hedge his investment portfolio's risks, and due to concerns that Tesla stocks may be about to be sold off, he chose to sell part of his Tesla stocks and invest in relatively safer short-term treasury bills to protect his investments.
U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.
① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.
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"The Most Powerful Retail Investor" claims to no longer be ALL-IN on Tesla and issues a "three battles" warning......
① Tesla's third-largest shareholder Liao Kaiyuan is reducing his hold positions in Tesla and is shifting to short-term usa Treasury bills; ② Liao Kaiyuan stated that World War III has arrived and a stock market crash similar to that of 1929 is imminent; ③ Liao Kaiyuan previously opposed Musk's 55 billion dollar compensation plan, which was dismissed by the Delaware District Court this Monday.
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Palantir Technologies Shares Are Trading Higher After the Company Announced It Has Been Granted FedRAMP High Authorization for Its Palantir Federal Cloud Service and Supporting Services.
Sudden Impact | Palantir's surge of over 5% hits a new all-time high, the company's cloud computing service receives "high authorization" certification
In the news, palantir announced that its cloud computing service has obtained "High Authorization" certification from the usa Federal Risk and Authorization Management Program (FedRAMP), which will enable the company to provide services to more usa government institutions.
What's Going On With Palantir Technologies Stock Today?