usa's October PCE inflation slightly rebounded! But the market still expects the Fed to cut interest rates again in December.
The market expects the Federal Reserve to cut interest rates again in 2024. According to CME Group's Federal Reserve Watch tool, the market anticipates a 67% chance of a rate cut at the December meeting.
Is the American technology giant trembling? It is rumored that Trump is considering appointing hawkish officials to lead the anti-monopoly department.
Trump is considering appointing a radical enforcer to lead the usa Justice Department's antitrust team.
Bull market continues! Morgan Stanley looks at the US stock market in 2025: reaching 6,500 points by the end of next year, with high-quality cyclical stocks as the top choice.
Daiwa believes that the s&p 500, represented by high-quality stocks, will benefit from the Fed's rate cut cycle, stabilization of business indicators, policy mix, and uncertainty in economic data. However, considering that specific policies have not yet been introduced, U.S. stocks have been severely overbought, and next year's market is unlikely to "rise in a straight line," the key will be to see the Trump administration's measures in cutting fiscal spending.
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USA FTC initiates antitrust investigation against Microsoft, involving cloud computing, AI products, etc.
① The usa Federal Trade Commission (FTC) has launched an extensive antitrust investigation into microsoft, including its software licensing and cloud computing business. ② The accusations against microsoft include abusing market power, preventing customers from transferring data through punitive licensing terms, and clauses related to cybersecurity and ai products. ③ However, given the upcoming change in the usa government, the ultimate direction of this investigation remains uncertain.
Futu Daily News | The inflation indicators favored by the Federal Reserve rebound! The attitude towards interest rate cuts in December may be more cautious; the Central Office and the State Office issued the 'Action Plan to Effectively Reduce Logistics Co
The Fed's favorite inflation indicator rebounds! The usa's core PCE price index for October is 2.8% year-on-year; strong consumer spending drives steady growth of 2.8% in the usa's third-quarter GDP; Trump's team is considering digital assets advocate Atkins to serve as SEC chairman.
Good news: the global smartphone market has rebounded, bad news: apple did not catch up.
In 2024, the global smart phone market experienced a strong rebound in sales, ending two years of decline. The growth momentum mainly comes from suppressed demand and regions with low smart phone penetration, while AI technology has not significantly increased consumer interest. IDC predicts that the total smart phone shipment in 2024 will grow by 6.2%, reaching 1.24 billion units, but the apple iPhone shipment will only slightly increase by 0.4% due to the increased market share of Android phone competitors.
From AI, software to cloud, all in one go? Microsoft is reportedly facing a large-scale anti-monopoly investigation by the FTC.
The media reported that a key focus of the investigation is Microsoft's bundling of office productivity and security software with cloud products. If the news is true, it will be the US government's review of Microsoft's business practices again after the Microsoft breakup case at the beginning of this century, more than twenty years later.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
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