Tesla hit a record high for the first time in three years! Wall Street raised its target price sharply, and Musk became the world's first person with a net worth over 400 billion US dollars
Last week, Bank of America raised the Target Price for Tesla by 14%, and the long-term bearish Analyst Craig Irwin upgraded the rating to Buy, with the Target Price increased by 347%; this week, Morgan Stanley raised the Target Price by 29%, and Goldman Sachs raised it by 38%. Tesla's stock price rose nearly 6% on Wednesday, and Musk, whose personal wealth comes from Tesla Stocks and Options, refreshed the record for the highest personal Assets of the Global richest.
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.
Express News | Daiwa Capital Markets has raised the Target Price for Tesla from $285 to $420.
Express News | Tesla Inc : Daiwa Capital Markets Raises Target Price to $420 From $285
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Will the new FTC chairman ease regulations for Google? On Wednesday, U.S. technology stocks surged collectively thanks to his contributions.
① On Wednesday, U.S. technology stocks rose sharply, and in addition to the frequent good news from tech giants, Trump's appointment of Andrew Ferguson as the new chairman of the Federal Trade Commission also sparked optimism; ② Ferguson is one of the five current commissioners of the committee, and the market expects that his appointment may lead to an end to the antitrust investigation against Google's parent company, Alphabet.
Watch These Tesla Stock Price Levels After First Record High in Three Years
Hong Kong stocks are moving; Tesla Concept stocks are rising, with NEXTEER once increasing by over 9%, and Tesla rising nearly 6% to reach a new high.
Gelonghui, December 12 | Influenced by the overnight surge in Tesla's stock to a new high, NEXTEER once surged over 9%, leading the way, while MINTH GROUP rose over 3%, and GANFENGLITHIUM, FUYAO GLASS, and EVA HOLDINGS also saw increases. In news, Tesla's stock in the US soared nearly 6%, reaching a historic high, making Musk the first person in the Global to exceed a net worth of 400 billion dollars. Tesla China announced sales data on Wednesday (yesterday), showing that sales of Tesla brand electric Autos in the first week of December reached as high as 0.0219 million units in the Chinese market, marking the highest weekly sales since the start of the fourth quarter of 2024. (Gelonghui)
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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...
Musk's Net Worth Tops US$400b, a Historic First
Wealth is soaring at a speed that surpasses rockets! Musk becomes the first person in the world with a net worth exceeding 400 billion dollars.
Elon Musk's wealth has surged, making him the first person to reach a net worth of 400 billion dollars, which is the latest milestone for the Global richest person.
Wall Street is astonished, Tesla is "killing it"! Musk's fortune is nearly 450 billion dollars, the first in the Global ranking!
The Technology madman creates history again.
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TOP20 turnover | Tesla rose nearly 6%, Musk's net worth set the milestone of the richest man in the world; Nvidia rose more than 3%
On Wednesday, the third-place US stock turnover Google-A closed 5.52% higher at $13.011 billion; the fifth place MicroStrategy closed 9.03% higher at $11.059 billion; and the 9th place Broadcom closed 6.63% higher, trading at $7.501 billion.
Musk is worth 447 billion US dollars and is the first “400 billion dollar millionaire” of adults
Tesla shares rose 5.9% on Wednesday to close at $424.77, a record high, surpassing the previous record of $409.97 set on November 4, 2021. Since this year, Tesla's stock price has risen cumulatively by about 71%, and has soared by about 69% since Trump won the US election. Driven by this, Tesla CEO Elon Musk's net worth skyrocketed by 62.8 billion US dollars overnight to reach 447 billion US dollars, making him the first superrich person on Earth with a net worth over 400 billion US dollars. Musk's current net worth is higher than Jeff Bezos, who is second on the Bloomberg Billionaires Index
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%.
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.