As the "huge wealth transfer" of 84 trillion dollars arrives, Buffett gives his advice.
The global transfer of approximately 84 trillion dollars in wealth is approaching, and Buffett advocates not avoiding such unpleasant topics to prevent potential family conflicts.
Quantum concept collectively soared, "bull stocks" surged by 138%, a new trend rising?
Last night, because amazon's cloud computing platform AWS announced the launch of the Quantum Start program to help businesses prepare for the era of quantum computing. This program is provided by amazon labs and includes three standard modules: use case discovery, technology enablement, and deep analysis. As a result, the quantum concept in the U.S. stock market saw a collective rise.
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Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.
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nvidia brings a new AI model that "disrupts" the audio industry: it can create music and modify vocals.
nvidia has developed a new AI model Fugatto, which can create sound effects, change pronunciation, and generate music with natural language prompts. Fugatto can synthesize speech, add sound effects to music, and is considered as a complement to video and image generation models.
Buffett published a long article! Donated another $1.1 billion in stocks, designated three charity trustees, opposing inherited wealth (full text attached).
Specifically, Buffett will convert 1,600 shares of Class A stock into 2,400,000 shares of Class B stock in order to donate the Class B shares to four family foundations controlled by his children. He also stated in the letter that, considering he is a white American male born in the 1930s, both in terms of geographic location and social status, he "had long" been certain that he would become wealthy.
After Trump's nomination of the FDA commissioner, the supplier of "affordable weight loss drugs" Hims & Hers surged over 20%, reaching an all-time high.
"Hunterbrook Media, the institution that benchmarks against short sellers like Citron, believes that Trump's nomination of Marty Makary as the head of the usa Food and Drug Administration (FDA) could be beneficial for Hims & hers due to this appointment."
U.S. stocks closed higher with all three major indices rising. The Dow, S&P, and Russell 2000 all hit record highs, while nvidia fell more than 4% against the market; bitcoin fell below $93,000, while microstrategy dropped more than 4%.
Funds continue to flow out of the technology sector, rotating into cyclical stocks. The Dow rose more than 400 points, while the Russell small cap stocks rose by 2.5% at one point. The S&P hit a new intraday high before narrowing its gains. Nvidia dropped over 4% to a three-week low, Tesla fell by nearly 4%, Nio dropped by 3.6%, but Alibaba rose by nearly 3%.
Will challenge Trump and Musk's 'gun lying'? California's electric vehicle subsidy program will exclude Tesla.
California plans to provide state subsidies to local electric vehicle buyers if Trump cancels federal government subsidies after taking office next year. However, the subsidies will exclude popular electric vehicle models from Tesla to create market conditions for more auto manufacturers to establish themselves.
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
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Quantum Corporation Shares Are Trading Higher After Amazon Announced It Has Launched Its Quantum Embark Program.
The ultra-thin version of the Apple iPhone 17 is reportedly unable to accommodate a physical SIM card, casting doubt on the possibility of an international version.
① Reports indicate that apple engineers have still not found a way to fit a SIM card tray into the ultra-thin body of the iPhone 17 Air; ② In addition to the card slot, there are also compromises to some degree with the camera, speaker, and communication antenna.
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