[Morning Report] NVIDIA executives sell part of their holdings in Bitcoin, temporarily in the 42,000 dollar range for the first time in 1 year and 8 months
![[Morning Report] NVIDIA executives sell part of their holdings in Bitcoin, temporarily in the 42,000 dollar range for the first time in 1 year and 8 months](https://sgsnsimg.moomoo.com/feed_image/181250687/f7e5c50da75131ff896de5e94d2a1f72.png/bigmoo)
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 32,900 yen - 33,400 yen (4-day closing price 33,231 yen 27 sen)
● NVIDIA executives sell part of their holdings - profit determined by a 220% sharp rise since the beginning of the year
● Bitcoin is in the 42,000 dollar range at 1 time for the first time in 1 year and 8 months
● OPEC Plus Production Cuts Can Continue After April - Saudi Energy Minister
● ECB Vice President Degindos cannot declare victory due to inflation - signs of slowing down
● Spotify cuts 17 percent of employees to 1500
● US stocks “stock appreciation even if the economy decelerates” forecast in '24, Japanese stocks are 1 to 20 percent higher
— MooMoo News Kathy
● [Tokyo Stock Exchange Rate Forecast Range] 32,900 yen - 33,400 yen (4-day closing price 33,231 yen 27 sen)
● NVIDIA executives sell part of their holdings - profit determined by a 220% sharp rise since the beginning of the year
● Bitcoin is in the 42,000 dollar range at 1 time for the first time in 1 year and 8 months
● OPEC Plus Production Cuts Can Continue After April - Saudi Energy Minister
● ECB Vice President Degindos cannot declare victory due to inflation - signs of slowing down
● Spotify cuts 17 percent of employees to 1500
● US stocks “stock appreciation even if the economy decelerates” forecast in '24, Japanese stocks are 1 to 20 percent higher
— MooMoo News Kathy
Market Overview
In the US stock market on the 4th, the NY Dow Jones Industrial Average fell 41 dollars 6 cents lower than the previous business day to 36,204 dollars 44 cents for the first time in 5 days. The Nasdaq Composite Stock Price Index fell 119.538 points to 14,185.494. While the Tokyo Stock Exchange on the 5th continues to have a strong send-off mood, it is expected that the Nikkei Stock Average will move to search for a lower price, and sales will be carried out around the 33,000 yen mark.
In the US stock market on the 4th, the NY Dow Jones Industrial Average fell 41 dollars 6 cents lower than the previous business day to 36,204 dollars 44 cents for the first time in 5 days. The Nasdaq Composite Stock Price Index fell 119.538 points to 14,185.494. While the Tokyo Stock Exchange on the 5th continues to have a strong send-off mood, it is expected that the Nikkei Stock Average will move to search for a lower price, and sales will be carried out around the 33,000 yen mark.
Top news
NVIDIA executives sell part of their holdings - profit determined by a 220% sharp rise since the beginning of the year
While the trend of internal stakeholders in US companies accumulating and increasing their holdings of company shares is intensifying, strong performance stands out in the S&P 500 stock price index $NVIDIA (NVDA.US)$Executives are proceeding with profit determination.
NVIDIA executives sell part of their holdings - profit determined by a 220% sharp rise since the beginning of the year
While the trend of internal stakeholders in US companies accumulating and increasing their holdings of company shares is intensifying, strong performance stands out in the S&P 500 stock price index $NVIDIA (NVDA.US)$Executives are proceeding with profit determination.
Bitcoin is in the 42,000 dollar range at 1 time for the first time in 1 year and 8 months
According to CoinDesk, bitcoins were temporarily bought up to 42140.09 dollars in the crypto asset (virtual currency) market in the early morning of the 4th US Eastern Time, breaking through 42,000 dollars for the first time in about 1 year and 8 months. Bitcoin has risen by over 13% in the past month and over 130% year to date.
According to CoinDesk, bitcoins were temporarily bought up to 42140.09 dollars in the crypto asset (virtual currency) market in the early morning of the 4th US Eastern Time, breaking through 42,000 dollars for the first time in about 1 year and 8 months. Bitcoin has risen by over 13% in the past month and over 130% year to date.
OPEC Plus Production Cuts Can Continue After April - Saudi Energy Minister
Saudi Arabia's Energy Minister Abdulaziz stated that production cuts due to “OPEC Plus,” which consists of the Organization of Petroleum Exporting Countries (OPEC) and non-member oil-producing countries, can “definitely” continue even after next March if necessary. He also said that production reduction measures will be fully implemented.
Saudi Arabia's Energy Minister Abdulaziz stated that production cuts due to “OPEC Plus,” which consists of the Organization of Petroleum Exporting Countries (OPEC) and non-member oil-producing countries, can “definitely” continue even after next March if necessary. He also said that production reduction measures will be fully implemented.
ECB Vice President Degindos Can't Declare Victory Due to Inflation - Even Signs of Slowing Down
European Central Bank (ECB) Vice President Degindos said on the 4th that even though inflation has slowed more than expected last month, it is still impossible to say that inflation has been suppressed.
European Central Bank (ECB) Vice President Degindos said on the 4th that even though inflation has slowed more than expected last month, it is still impossible to say that inflation has been suppressed.
Spotify cuts 17 percent of employees to 1500
A major Swedish music distribution company, $Spotify Technology (SPOT.US)$On the 4th, it was announced that the number of employees will be reduced by approximately 17%. The scale of personnel cuts is expected to be around 1500 people. The company has entered 2023, and has already strengthened movements aimed at improving costs, such as launching multiple personnel cuts.
A major Swedish music distribution company, $Spotify Technology (SPOT.US)$On the 4th, it was announced that the number of employees will be reduced by approximately 17%. The scale of personnel cuts is expected to be around 1500 people. The company has entered 2023, and has already strengthened movements aimed at improving costs, such as launching multiple personnel cuts.
Forecast of US stocks “stock appreciation even if the economy decelerates” in '24, Japanese stocks are 1 to 20 percent higher
Major financial companies have come up with predictions on how to view the Japan-US stock exchange rate in 2024. While predictions are divided regarding the outlook for the US economy, there are voices predicting “stock appreciation under economic deceleration” assuming that stock prices will rise by about 10% to support strong corporate performance.
Major financial companies have come up with predictions on how to view the Japan-US stock exchange rate in 2024. While predictions are divided regarding the outlook for the US economy, there are voices predicting “stock appreciation under economic deceleration” assuming that stock prices will rise by about 10% to support strong corporate performance.
Foreign substitutes
Key Market Events
![[Morning Report] NVIDIA executives sell part of their holdings in Bitcoin, temporarily in the 42,000 dollar range for the first time in 1 year and 8 months](https://sgsnsimg.moomoo.com/feed_image/181250687/e1e9f208d08136a8a0a4c1bed540545d.png/bigmoo)
Distribution source: Dow Jones, MINKABU, Bloomberg, Weiss Advisor, Nihon Keizai Shimbun
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