[Morning Report] Tesla Sues Business Partners Due to Alleged Leakage of Trade Secrets S&P 500 and Goldman Raise Year-End Targets
![[Morning Report] Tesla Sues Business Partners Due to Alleged Leakage of Trade Secrets S&P 500 and Goldman Raise Year-End Targets](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240618/9f41842496d329273614f9177c88cc0b.png/big?area=105&is_public=true)
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 38,200 yen - 38,500 yen (closing price 38,102 yen 44 sen on the 17th)
● [US stocks] rose, high tech stocks continued to rise, and the S&P 500 and NASDAQ reached new highs
● Goldman raises S&P 500 year-end target to 5600
● Tesla sues Matthews for battery manufacturing machine on suspicion of leaking trade secrets
● Mr. Musk's Twitter stock purchase report was delayed, US SEC investigated
● Apple withdraws from “Pay Later” program
● Open AI partners with Color Health to support cancer screening and treatment
ー MooMoo News Mark
● [Tokyo Stock Exchange Rate Forecast Range] 38,200 yen - 38,500 yen (closing price 38,102 yen 44 sen on the 17th)
● [US stocks] rose, high tech stocks continued to rise, and the S&P 500 and NASDAQ reached new highs
● Goldman raises S&P 500 year-end target to 5600
● Tesla sues Matthews for battery manufacturing machine on suspicion of leaking trade secrets
● Mr. Musk's Twitter stock purchase report was delayed, US SEC investigated
● Apple withdraws from “Pay Later” program
● Open AI partners with Color Health to support cancer screening and treatment
ー MooMoo News Mark
Market Overview
In the US stock market on the 17th, the NY Dow Jones Industrial Average rebounded to 38,778 dollars 10 cents, which was 188 dollars 94 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 168.138 points to 17,87.020. The Tokyo stock market on the 18th is in a position where it will be bought back over a wide area, mainly major stocks, and it is expected that the Nikkei Stock Average will turn around drastically.
In the US stock market on the 17th, the NY Dow Jones Industrial Average rebounded to 38,778 dollars 10 cents, which was 188 dollars 94 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 168.138 points to 17,87.020. The Tokyo stock market on the 18th is in a position where it will be bought back over a wide area, mainly major stocks, and it is expected that the Nikkei Stock Average will turn around drastically.
Top news
[US stocks] rise, high tech stocks continue to rise, and the S&P 500 and NASDAQ hit highs
The US stock exchange rate rose on the 17th. High-tech stocks continued to rise. The S&P 500 and Nasdaq Composite Index hit new highs against the backdrop of a rise in large technology stocks.
Goldman raises S&P 500 year-end target to 5600
Goldman Sachs raised its target for the S&P 500 Index, which is the main US stock price index, as of the end of 2024, from the previous 5200 to 5600. As a result, it was in line with the predictions of Wall Street's most optimistic analysts.
[US stocks] rise, high tech stocks continue to rise, and the S&P 500 and NASDAQ hit highs
The US stock exchange rate rose on the 17th. High-tech stocks continued to rise. The S&P 500 and Nasdaq Composite Index hit new highs against the backdrop of a rise in large technology stocks.
Goldman raises S&P 500 year-end target to 5600
Goldman Sachs raised its target for the S&P 500 Index, which is the main US stock price index, as of the end of 2024, from the previous 5200 to 5600. As a result, it was in line with the predictions of Wall Street's most optimistic analysts.
Tesla sues Matthews for battery manufacturing machine for leaking trade secrets
Major US Electric Vehicle (EV) Company $Tesla (TSLA.US)$Is rice that was a supplier of EV battery parts manufacturing machines for leaking trade secrets to competitors, etc. $Matthews International (MATW.US)$I filed a lawsuit. According to the complaint filed on the 14th, Matthews fraudulently applied for patents containing trade secrets without obtaining Tesla's consent, and violated the contract.
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Tesla rises Shanghai permits FSD road tests = individual US stocks
Major US Electric Vehicle (EV) Company $Tesla (TSLA.US)$Is rice that was a supplier of EV battery parts manufacturing machines for leaking trade secrets to competitors, etc. $Matthews International (MATW.US)$I filed a lawsuit. According to the complaint filed on the 14th, Matthews fraudulently applied for patents containing trade secrets without obtaining Tesla's consent, and violated the contract.
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Tesla rises Shanghai permits FSD road tests = individual US stocks
US SEC investigates Musk's Twitter stock purchase report delayed
The U.S. Securities and Exchange Commission (SEC) is investigating suspicions that businessman Elon Musk violated information disclosure rules regarding the purchase of the company's stock before he acquired Twitter. This is because an excerpt of Mr. Musk's testimony submitted to the SEC revealed the possibility that he and his advisors did not comply with the rules that must be disclosed when Twitter's shareholding ratio exceeds 5%.
The U.S. Securities and Exchange Commission (SEC) is investigating suspicions that businessman Elon Musk violated information disclosure rules regarding the purchase of the company's stock before he acquired Twitter. This is because an excerpt of Mr. Musk's testimony submitted to the SEC revealed the possibility that he and his advisors did not comply with the rules that must be disclosed when Twitter's shareholding ratio exceeds 5%.
Apple withdraws from “Pay Later” program = individual US stocks
$Apple (AAPL.US)$It was clarified that the “Pay Later” program, which makes it possible for users to shop with installment payments, will be withdrawn from efforts to provide more financial services in-house. The company announced that it would not provide an “Apple Pay Later” loan, which enabled users to make purchases of as much as 1000 dollars in 4 installments.
$Apple (AAPL.US)$It was clarified that the “Pay Later” program, which makes it possible for users to shop with installment payments, will be withdrawn from efforts to provide more financial services in-house. The company announced that it would not provide an “Apple Pay Later” loan, which enabled users to make purchases of as much as 1000 dollars in 4 installments.
Open AI partners with Color Health to support cancer screening and treatment
US Open AI, which handles the generative AI (artificial intelligence) “ChatGPT (chat GPT),” has partnered with the startup US Color Health and plans to expand its foothold in the medical field by applying its own AI model to cancer screening/treatment.
US Open AI, which handles the generative AI (artificial intelligence) “ChatGPT (chat GPT),” has partnered with the startup US Color Health and plans to expand its foothold in the medical field by applying its own AI model to cancer screening/treatment.
Will Ether spot ETF be listed in the US this summer
Chairman Gary Gensler of the U.S. Securities and Exchange Commission (SEC) said last week about crypto assets (virtual currency) $Ethereum (ETH.CC)$It showed recognition that there is a possibility that the first transaction of spot ETFs (exchange-traded funds) linked to will begin this summer.
Chairman Gary Gensler of the U.S. Securities and Exchange Commission (SEC) said last week about crypto assets (virtual currency) $Ethereum (ETH.CC)$It showed recognition that there is a possibility that the first transaction of spot ETFs (exchange-traded funds) linked to will begin this summer.
Tokyo Stock Exchange Rate Forecast
Stock exchange rate forecast for the 18th = drastic rebound, or imminently sentiment improvement in response to strong Western stocks
Stock exchange rate forecast for the 18th = drastic rebound, or imminently sentiment improvement in response to strong Western stocks
Foreign substitutes
Key Market Events
![[Morning Report] Tesla Sues Business Partners Due to Alleged Leakage of Trade Secrets S&P 500 and Goldman Raise Year-End Targets](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240618/b627ab3aa81da0cce73a9aad390bdbd4.png/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Welshadvisor
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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