NASDAQ reaches 20,000 point milestone! Tesla led a group of tech giants to reach new highs. Has the Christmas market started?
Historically, every year on the seven trading days after Christmas, that is, the five trading days at the end of the year and the first two trading days of the following year, investors tend to go long, and US stocks are likely to rise. This seven-day market is called the “Christmas market.” The data shows that in the past 70 years, the S&P 500 index has an 80% chance of rising in these seven trading days.
Wall Street interprets CPI: Without changing the “gradual easing” of the Federal Reserve, strong core inflation supports the suspension of interest rate cuts in January
Analysis suggests that the CPI, which meets expectations, demonstrates that the cooling of inflation has basically stagnated in recent months. While this is not enough to disrupt the year-end bull market in U.S. stocks, it also means that an interest rate cut next week is not guaranteed, especially with the potential inflation upward risks brought by Trump's tariffs and fiscal expansion next year drawing attention. The yield on 10-year U.S. Treasuries first fell and then rose.
Trump is reportedly going to ring the bell at the NYSE today; what does this signify?
① According to media reports, the USA's incoming president Trump will go to the NYSE on Thursday to ring the opening bell and deliver a speech; ② There are reports that Trump will be named Time Magazine's Person of the Year for 2024, but this has not yet been confirmed by Time; ③ Since Trump's announcement of victory, the three major US stock indices have risen repeatedly, with the market encouraged by promises of tax cuts and deregulation.
Gamestop, Adobe, Meta, Candel Therapeutics, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
SA Charts: Tick Higher in Nov. Consumer Inflation Came Amid Moderating Decline in Energy Prices
The Nasdaq is at 20,000 points! Besides US Treasury bonds, American investors are Buying everything.
After the release of USA's November CPI data on Wednesday, investors seem to have finally "confirmed" that the Federal Reserve's interest rate cut next week is a done deal; financial markets across asset classes on Wednesday also appeared quite uplifting; apart from the decline in USA Treasuries, investors are buying everything else - USA stocks are rising, Gold is rising, the dollar is rising, Crude Oil Product is rising, and Cryptos are rising...
Trump's first day in office plans revealed: plans to issue more than 25 executive orders to reshape US policy
According to media reports, Trump plans to issue more than 25 executive orders on his first day in office, attempting to significantly reshape USA government policies on a range of issues from immigration to Energy; Sources say that Trump has told his team that he aims to "make a splash" with a series of executive orders on his first day.
ChatGPT integrates with the Apple ecosystem, Siri learns to ask for 'external help', and Asia Vets achieves higher visual intelligence.
① Support for Apple devices that use Asia Vets can enable the ChatGPT feature; ② When Siri determines the task is too complex, it can hand over difficult questions to ChatGPT; ③ ChatGPT brings enhanced visual intelligence capabilities to Apple devices.
Counterpoint: In the third quarter, the Global Semiconductors Industry revenue reached 158.2 billion USD, with a year-on-year growth of 17%.
In the third quarter of 2024, the Global Semiconductors Industry revenue grew by 17% year-on-year, reaching 158.2 billion dollars, mainly driven by demand for AI technology and the recovery of the memory industry.
“Wall Street magic calculator”: US stocks will rise and then fall next year Trump and Musk will risk falling
① Tom Lee, the co-founder of Fundstrat, known as the "Wall Street Oracle," predicts a mid-year target of 7000 points for the S&P 500 Index in 2025, with a year-end target of 6600 points, reflecting an overall increase of 8%. ② He believes that supporting factors for the US stock market next year include interest rate cuts by the Federal Reserve and Trump's tax cut policy, but Musk's Government Efficiency Department and Trump's tariffs may hurt the USA GDP.
Tough OpenAI! Google launches Gemini 2.0, fully switching to Agent, multi-modal input and output
In response to the many new products previously launched by OpenAI, Google launched Gemini 2.0 Flash, the next important artificial intelligence model, on Wednesday, becoming the first model in the 2.0 family. It mainly promotes native multi-modal input and output plus Agent, which is twice as fast as 1.5 Pro. The key performance indicators even exceed 1.5 Pro. It can also generate images and audio natively, while supporting text generation, and can also use third-party applications and services to enable it to access Google search and code execution functions.
Futu Morning Post | Pushing US Stocks to Reach New Highs? Trump will ring the opening bell for the NYSE on Thursday; star tech stocks hit new highs, and Bitcoin will rise to 0.1 million dollars
The AI transformation was bumpy, and Adobe's revenue outlook for 2025 fell below expectations, falling more than 8% after the market; Apple launched Siri integrated with ChatGPT, and it is reported that the iPhone SE 4 will be released around March next year.
Interact with Wall Street! Trump will ring the opening bell for the NYSE on Thursday
On Wednesday EST, according to Bloomberg, US President-elect Trump plans to appear at the New York Stock Exchange and ring the opening bell on Thursday. As a staunch supporter of the stock market, Trump often sees market performance as a litmus test for economic policy, and promoted tax cuts and deregulation during his first term, helping the stock market reach new highs over and over again. Trump has conveyed his interaction with Wall Street to the market this time, and the market is also looking forward to his upcoming policies.
Express News | CICC: US inflation may drive “hawkish interest rate cuts”
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, with Meta, Amazon, and Netflix all reaching new highs. Nvidia rose more than 3%, and Broadcom rose nearly 7%. At one point, ultra-microcomputers fell more than 8%. The decline narrowed, and Fanduo turned up more than 11%. The US CPI for November is betting on cutting interest rates next week. Interest rate cuts may be suspended in January next year. US dollar and US bond yields will rebound in V shape, and spot gold will be the highest in five weeks. The yen dived below 152, and the offshore renminbi once fell more than 300 points to 7.29 yuan. After the Bank of Canada cut interest rates sharply, Canadian dollar and Canadian bond yields turned up, and oil prices rose by about 2%.
US stock market closing | The Nasdaq rose over 1.7%, surpassing 20,000 points for the first time! Tesla, Google, Amazon, Meta, and Netflix all reached historical highs.
① The Nasdaq China Golden Dragon Index fell by 0.74%, with most China Concept Stocks experiencing declines; ② Reports state that Apple is collaborating with Broadcom to develop an AI Chip; ③ Google launched the next generation AI model Gemini 2.0; ④ Musk became the first person in the world with a net worth exceeding 400 billion dollars.
A new milestone for the world's richest person! Approaching 450 billion dollars, Musk becomes the number one globally!
Elon Musk became the first person in the world with a net worth exceeding 400 billion dollars, breaking the milestone for the world's richest person.
US Airlines Set To Fly High In 2025, Analyst Says: 'Perfect Storm Of Tailwinds' Will Propel Industry Gains
Stitch Fix Rallies, but Can Its Rich Valuation Hold Up? - Analyst
Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.
As of the close, the Dow Jones Industrial Average fell 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose 49.28 points, an increase of 0.82%, closing at 6,084.19 points.