Wall Street Gains, Tech Rallies, Tesla Hits All-Time Highs As Inflation Data Firms Up Fed's Next Interest Rate Cut

BenzingaDec 11 23:23

The USA CPI is as expected; did the Federal Reserve's interest rate cut in December become stable?

The latest CPI report indicates that inflation is not worse than expected, and analysts believe this paves the way for the Federal Reserve to cut interest rates by 25 basis points next week.

Golden10 DataDec 11 22:14

US stock market forecast | November CPI data meets expectations, the three major futures indexes rise sharply; Quantum Computing concept stocks surge before the market, with Rigetti and Quantum both climbing over 10%.

Pre-market up over 1%, Tesla's sales in China for December usher in a "good start": first week sales of 0.0219 million Autos, Cybertruck has completed Energy consumption declaration in China; Google executive: Search AI is the biggest bet, with an expected investment of 50 billion in 2024.

Futu NewsDec 11 21:06

Major Wall Street firms collectively warn: investors' "frenzy" is waning, and the momentum of the U.S. stock market may slow down.

The famous short seller at Morgan Stanley stated, "The kind of fervent sentiment that helps people purchase U.S. stocks will face a reality check next year."

Golden10 DataDec 11 20:25

The Bank of Japan's interest rate decision will be announced next week. Will global stock markets repeat 'Black Monday'?

The Bank of Japan will hold its last monetary policy meeting of the year next week.

Zhitong FinanceDec 11 19:38

U.S. Stock Market Insights | Tesla stabilizes at $400! Will it hit a historical high this week? Strong gaming performance + upward adjustment of annual revenue forecast! Sony's stock price reaches a two-year high.

The Industry's fundamentals have shown a strong recovery, American Airlines' stock price has skyrocketed over 60% since the low in August; insiders continue to increase their Shareholding in the company's Stocks! MSCI's stock price has reached an all-time high.

Futu NewsDec 11 18:24