Breaking! On the eve of taking office, the SEC sues Musk.
Musk's lawyer claims that he did nothing wrong and that the lawsuit is completely a farce.
Daily Options tracking | The implied volatility of the quantum computing "monster stock" RGTI has soared to 242%, with a Call position earning tenfold returns; Tesla's Call ratio has risen to 66%, and large investors have spent over 0.4 billion dollars on
On the last trading day, MSTR rose over 4%, with an Options Chain volume of 0.47 million contracts, and the implied volatility increased to 111%; on the Options Chain, there is a standoff between bulls and bears, with the highest Trade volume for the 400 dollar strike price call expiring this Friday at 0.016 million contracts.
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"Concerns about technological monopolies" are increasing, and weighted ETFs like S&P are becoming popular.
In the second half of last year, Invesco's S&P 500 Equal Weight ETF attracted approximately $14.4 billion, bringing its total inflow for the year to $17 billion, far surpassing the record inflow set in 2023. Analysts believe that investors are currently most concerned about concentrated risks, fearing that the market is too top-heavy. It is expected that this year, apart from the largest technology companies, other companies will achieve double-digit growth in earnings.
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The autonomous driving track will迎来 an "explosion period" in 2025, with "unmanned" becoming the main theme.
① Pony.ai announced the launch of unmanned automated driving tests on high-speed roads in Peking; ② Horizon's full scene intelligent driving solution (HSD) debuted three major intelligent driving "black technologies," namely the urban NOA with integrated reversing capability, urban NOA supporting roaming mode (urban + campus), and urban NOA for autonomous congestion avoidance.
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The SEC has accused Tesla founder Elon Musk of securities fraud.
The USA Securities and Exchange Commission (SEC) filed a lawsuit on Tuesday in the federal district court of the District of Columbia against Tesla founder Musk for securities fraud, alleging that he was involved in the acquisition...
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Musk has been sued! The USA SEC accuses him of violating regulations in the Twitter acquisition case.
① The USA Securities and Exchange Commission has sued Elon Musk for not timely disclosing that he held more than 5% of shares when acquiring Twitter in 2022. ② The SEC claims Musk delayed the disclosure by 11 days to artificially push down the price to buy Twitter Stocks, spending at least $0.15 billion less; ③ The lawsuit against Musk may be one of the most controversial final actions of the Securities and Exchange Commission under the soon-to-be-retiring chairman Gary Gensler.
SEC Sues Elon Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud -- WSJ
Futu Morning Report | USA's December PPI unexpectedly cools down! Wall Street nervously prepares for CPI release day; quantum computing stocks rebound strongly, RGTI surges 48%.
In December, the USA's PPI unexpectedly cooled, growing by 0.2% month-on-month. The year-on-year growth of the December PPI and core PPI were 3.3% and 3.5% respectively, both the highest growth rates since February 2023; Biden has signed another executive order to accelerate the development of AI infrastructure.
Musk is being sued by the U.S. Securities and Exchange Commission for failing to timely disclose his Twitter holdings.
According to external reports, Tesla (TSLA.US) CEO Elon Musk has been sued by the USA Securities and Exchange Commission (SEC) for failing to timely disclose his purchase of more than 5% of Twitter's common stock in March 2022. The SEC stated in the lawsuit that Musk did not disclose the holding exceeding the 5% threshold in a timely manner, which allowed him to artificially lower the price of continuously purchasing Twitter shares, resulting in at least a $0.15 billion savings. The SEC is seeking civil penalties and the return of improper profits from Musk. According to SEC regulations, Musk is required to disclose within 10 days after exceeding the 5% threshold.
The USA SEC sued Musk for securities fraud related to the acquisition of Twitter, for not timely disclosing his existing shares.
The USA Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk on Tuesday local time, accusing the billionaire of securities fraud in 2022 for not timely disclosing his existing equity in Twitter and continuing to purchase Stocks at a "manipulated low price." Musk acquired Twitter for $44 billion in October 2022 and later renamed the social network to X. Before the acquisition, he held more than 5% of Twitter's shares, which required public disclosure. According to the USA Securities and Exchange Commission's allegations, Musk purchased over 9 in March 2022.
Express News | The USA Securities and Exchange Commission sued Musk for not disclosing his purchase of Twitter Stocks as required, saving 0.15 billion USD.
Express News | Elon Musk's lawyer stated in response to the lawsuit by the USA Securities and Exchange Commission that Musk did nothing wrong and referred to the SEC's case as a "fraud."
Top 20 by transaction volume | Bitcoin once reached over $97,000, MSTR rose over 4%; Technology stocks declined, with Tesla and NVIDIA falling over 1%.
On Tuesday, Meta Platforms, ranked 4th in U.S. stocks, closed down 2.31% with a transaction volume of 8.084 billion USD; Eli Lilly and Co, ranked 5th, closed down 6.58%, marking the largest single-day decline since March 2021, with a transaction volume of 7.702 billion USD; Quantum Computing concept stock Rigetti Computing, ranked 15th, closed up 47.93% with a transaction volume of 2.724 billion USD.
Express News | SEC Sues Elon Musk Over Securities Violation in Federal Court -Bloomberg News