Daily US stock market news express (Monday, December 12) Ind...
Daily US stock market news express (Monday, December 12th)
Individual stock news
1. The US Department of Energy finally confirmed on Monday to provide a low-cost loan of 2.5 billion US dollars to Ultium Cells, a joint venture between General Motors (GM.N) and LG New Energy, to fund the construction of a new lithium-ion battery plant.
2. Reports last week suggested that Tesla's Shanghai factory would suspend production of Model Y electric vehicles from December 25th to January 1st next year. Tesla's internal staff responded that this information is not true.
3. Microsoft (MSFT.O) acquired about 4% of the shares of London Stock Exchange Group (LSEG) and entered into a 10-year strategic partnership with them on next-generation data and analytics, as well as cloud infrastructure solutions.
4. Industry insiders expect Taiwan Semiconductor (TSM.N) overall capacity utilization from 45nm to 3nm in the first half of 2023 to drop to around 75%, with market estimates of a 10-15% quarter-on-quarter revenue decline in the first quarter of 2023 for Taiwan Semiconductor.
5. Reports suggest that the entry-level model of Apple's (AAPL.O) iPhone 15 Ultra could be priced as high as $1,299, $200 more than the iPhone 14 Pro Max, indicating that the domestic price of this model may exceed 10,000 yuan.
Faraday Future (FFIE.O) will hold a global investor conference for FF business updates on December 15th, US West Coast Time, to update the vehicle delivery plan for the FF 91 Futurist.
Rivian (RIVN.O) has announced the suspension of its plan to produce electric trucks in partnership with Mercedes-Benz in Europe, focusing on consumers and existing commercial operations.
Amgen (AMGN.O) has reportedly agreed to acquire the European pharmaceutical company Horizon Therapeutics (HZNP.O) at a price of $116.5 per share (approximately 20% premium).
Toyota Motor (TM.N) is reportedly adjusting its future three-year electric vehicle strategy, potentially abandoning the existing e-TNGA architecture in favor of a dedicated electric vehicle platform.
Alibaba's (BABA.N) cross-border e-commerce platform Alibaba International Station has launched a special initiative, planning to start at least 100 digital overseas exhibitions in the near future.
Individual stock news
1. The US Department of Energy finally confirmed on Monday to provide a low-cost loan of 2.5 billion US dollars to Ultium Cells, a joint venture between General Motors (GM.N) and LG New Energy, to fund the construction of a new lithium-ion battery plant.
2. Reports last week suggested that Tesla's Shanghai factory would suspend production of Model Y electric vehicles from December 25th to January 1st next year. Tesla's internal staff responded that this information is not true.
3. Microsoft (MSFT.O) acquired about 4% of the shares of London Stock Exchange Group (LSEG) and entered into a 10-year strategic partnership with them on next-generation data and analytics, as well as cloud infrastructure solutions.
4. Industry insiders expect Taiwan Semiconductor (TSM.N) overall capacity utilization from 45nm to 3nm in the first half of 2023 to drop to around 75%, with market estimates of a 10-15% quarter-on-quarter revenue decline in the first quarter of 2023 for Taiwan Semiconductor.
5. Reports suggest that the entry-level model of Apple's (AAPL.O) iPhone 15 Ultra could be priced as high as $1,299, $200 more than the iPhone 14 Pro Max, indicating that the domestic price of this model may exceed 10,000 yuan.
Faraday Future (FFIE.O) will hold a global investor conference for FF business updates on December 15th, US West Coast Time, to update the vehicle delivery plan for the FF 91 Futurist.
Rivian (RIVN.O) has announced the suspension of its plan to produce electric trucks in partnership with Mercedes-Benz in Europe, focusing on consumers and existing commercial operations.
Amgen (AMGN.O) has reportedly agreed to acquire the European pharmaceutical company Horizon Therapeutics (HZNP.O) at a price of $116.5 per share (approximately 20% premium).
Toyota Motor (TM.N) is reportedly adjusting its future three-year electric vehicle strategy, potentially abandoning the existing e-TNGA architecture in favor of a dedicated electric vehicle platform.
Alibaba's (BABA.N) cross-border e-commerce platform Alibaba International Station has launched a special initiative, planning to start at least 100 digital overseas exhibitions in the near future.
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