TSLA
Tesla
-- 424.770 NVDA
NVIDIA
-- 139.310 PLTR
Palantir
-- 72.510 RGTI
Rigetti Computing
-- 7.3800 SMCI
Super Micro Computer
-- 38.290 Nasdaq Composite surpasses the 0.02 million mark! Will the upward trend continue in the future?
This article utilizes Auto-Translation in part.
The U.S. Consumer Price Index (CPI) announced on the 11th is in line with market expectations, leading to increasing speculation of an additional rate cut by the Federal Reserve Board (FRB) in December. Additionally, $Nasdaq Composite Index (.IXIC.US)$has surpassed the milestone of 20,000 points, reaching a record high. The same index has recorded a 33.46% increase since the beginning of the year, surpassing the performance of major U.S. stock indices.
Looking back at 2024, despite continued pessimism towards the US economy, the Nasdaq continues to hit record highs. Technology stocks dominate, with the top 10 stocks being $Apple (AAPL.US)$ 、 $NVIDIA (NVDA.US)$、 $Microsoft (MSFT.US)$、 $Amazon (AMZN.US)$、 $Meta Platforms (META.US)$、 $Broadcom (AVGO.US)$、 $Tesla (TSLA.US)$、 $Costco (COST.US)$、 $Netflix (NFLX.US)$、 $Alphabet-A (GOOGL.US)$With the acceleration of the AI boom, additional rate cuts by the Federal Reserve Board (FRB), and the arrival of the 'Trump 2.0' era, the semiconductor, AI software, and internet sectors are all showing strong performance.
$Tesla (TSLA.US)$With the rise in stock prices, personal assets of Mask have further expanded. According to Bloomberg, Mask's world-first net assets exceeded $400 billion, achieving a new record as the world's richest person.
According to Analyst estimates, nearly 70% of the Nasdaq's rise since the beginning of the year is due to profit growth. On the other hand, $Dow Jones Industrial Average (.DJI.US)$and $S&P 500 Index (.SPX.US)$The rise was driven by the decrease in market risk premium, contributing to 91% and 52% growth respectively. Spartan Capital's economist Peter Cardillo stated, "The Nasdaq Index is rising in anticipation of a possible interest rate cut by the Federal Reserve next week, with further room for growth."
In addition, President-elect Trump has indicated his intention to nominate Andrew Ferguson as successor to Lina Khan, the current Chair of the Federal Trade Commission (FTC). Wedbush sees this as significant positive news for major technology companies. $Microsoft (MSFT.US)$、 $Oracle (ORCL.US)$、 $Alphabet-A (GOOGL.US)$、 $Amazon (AMZN.US)$、 $Tesla (TSLA.US)$High-tech companies, among others, are highly likely to accelerate M&A to expand their technological advantage.
Looking ahead to 2025, the macroeconomy in the USA remains robust, propelled by advances and applications of AI technology.Financial Estimates suggest that USA Technology stocks will continue to experience high earnings growth in the future.There is a possibility that it will further boost the Nasdaq. The current rise in US technology stocks is mainly driven by factors such as economic recovery, cost reduction, and the application of AI, and the valuation levels are expected to be almost the same level as the anticipated profit growth in the future. Investors are expecting that the profit growth of the technology sector in 2025 will lead the rise of the Nasdaq.
This article utilizes Auto-Translation in part.
Source: Wedbush, Spartan Capital, Bloomberg
- MOOMOO News: Citron
Source: Wedbush, Spartan Capital, Bloomberg
- MOOMOO News: Citron
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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