On Monday Eastern Time, the three major US stock indices collectively closed higher, with the Nasdaq up 0.98%, the S&P 500 up 0.73%, and the Dow Jones up 0.16%. Large tech stocks generally rose, with Nvidia and Intel rising by over 3%, Meta、 Tesla rose more than 2%, Google rose more than 1%, and Apple, Netflix, and Amazon rose slightly; Microsoft has experienced a slight decline. Among them, Apple continued to set a new mid to late closing high. MicroStrategy, a major Bitcoin holder, fell over 8%.
Popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising 0.91%. Alibaba and Baidu have risen by over 3%, while New Oriental and Ideal Auto have both risen by over 2%; Fangduoduo fell more than 7%, while Douyu fell more than 4%.
Global News
Will the Federal Reserve return to the path of raising interest rates next year? Top Wall Street Economist: 40% Probability
Torsten Sloan, Chief Economist of Apollo Global Management, has warned that the Federal Reserve may have to return to the path of interest rate hikes in 2025, as the US economy remains strong and the policies planned by President elect Trump could push up inflation.
Has the hawkish interest rate cut by the Federal Reserve triggered a sharp decline in the US stock market? Renowned US stock analyst: It's a good time to buy at the bottom!
Last week, the Federal Reserve's hawkish interest rate cuts caught US stock investors off guard, with the S&P 500 index plummeting 2.95% on Wednesday and many tech giants being sold off. However, a well-known "bullish" analyst in the US tech industry stated that the revolution of artificial intelligence technology has just begun, and last week's sell-off in tech stocks provided investors with an attractive buying opportunity.
US media: Quantum computing poses a threat to cryptocurrency
US President elect Donald Trump promised during his campaign to establish a strategic reserve for the US government's holdings of Bitcoin. However, the continuous breakthroughs in quantum computing technology have made the fate of cryptocurrencies such as Bitcoin seem uncertain. The Wall Street Journal quoted analysts as saying that if hackers use quantum technology to launch attacks on Bitcoin, it will affect traditional financial markets.
Top 10 Investment Banks Outlook 2025: What are the prospects for global stock markets, bond markets, foreign exchange markets, gold, and crude oil?
Currently, most Wall Street strategists predict that global stock and bond markets may continue to rise in 2025, but the biggest uncertainty facing investors is the policy direction of incoming US President Trump.
Is the 'AI tailwind' still ongoing? Da Mo selects next year's' favorite ': Nvidia can rise another 23%!
In a newly released report, Morgan Stanley reiterated its "overweight" rating on Nvidia's stock and stated that the expected success of the company's next-generation artificial intelligence chip Blackwell has driven the bank's bullish sentiment. The target price given by the bank is $166 per share, which means that the stock can still rise by about 23% from its current level.
Jia Yueting has raised money again for car manufacturing! New round of financing of 30 million US dollars
FF stated that the funds will be used to drive the development of the company and its "Faraday X" (hereinafter referred to as FX) strategy. It is understood that FX's strategy aims to launch mass market models in the US market with "twice the performance and half the price" to fill the structural gap in the US AIEV market and promote the company's overall development strategy.
Who are on the "Preferred Chip Stocks List" of Bank of America in 2025?
Looking ahead to 2025, the Bank of America analyst team led by Vivek Arya stated in a recent report that after being sold off at the beginning of the earnings season, US chip stocks have regained global funding favor and are expected to continue attracting capital inflows in 2025, potentially opening a new wave of strong upward momentum.
Formal negotiations have started! Can Honda and Nissan create the world's third-largest automobile manufacturers?
Currently, both companies are facing fierce competition in the global electric vehicle market, with their main competitors including Tesla, BYD, and others. Last week, local Japanese media first reported on the proposed transaction, and after the relevant reports were released, Nissan's stock price skyrocketed.