Outlook for the US market: Bitcoin recovers to $0.1 million, NVIDIA shares soar, Apple faces criticism over Metaverse access demands
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Here is tonight's analysis of NY stocks.
Market Overview
USA market started with the Dow Jones Industrial Average, which consists of excellent stocks, up $137.26 at 42,464.13, while the Nasdaq Composite Index, with a high tech stock proportion, started up 172.97 points at 19,565.66. The S&P 500 Index, consisting of 500 large-cap US stocks, was up 40.55 points at 5,912.71.
USA market started with the Dow Jones Industrial Average, which consists of excellent stocks, up $137.26 at 42,464.13, while the Nasdaq Composite Index, with a high tech stock proportion, started up 172.97 points at 19,565.66. The S&P 500 Index, consisting of 500 large-cap US stocks, was up 40.55 points at 5,912.71.
Top News
U.S. stocks and Bitcoin experiencing a sharp decline, is it a good opportunity to buy on the dip?
Federal Reserve Board (FRB) Chairman Powell stated on the 18th that the FRB is prepared to pause rate cuts, and there is a possibility that the total rate cut amount will be slightly smaller than previously anticipated, causing US stocks and Bitcoin to plummet. Fear surged in the market, Fear IndexThe S&P 500 Volatility Index ($VIX.US$).rose 74.04% in a single day, closing at 27.62, hitting the highest level since mid-August.Bitcoin (BTC.CC) briefly fell below $99,000. According to Chairman Powell, the Fed has no intention of getting involved in the government's massive Bitcoin reserves.
U.S. stocks and Bitcoin experiencing a sharp decline, is it a good opportunity to buy on the dip?
Federal Reserve Board (FRB) Chairman Powell stated on the 18th that the FRB is prepared to pause rate cuts, and there is a possibility that the total rate cut amount will be slightly smaller than previously anticipated, causing US stocks and Bitcoin to plummet. Fear surged in the market, Fear IndexThe S&P 500 Volatility Index ($VIX.US$).rose 74.04% in a single day, closing at 27.62, hitting the highest level since mid-August.Bitcoin (BTC.CC) briefly fell below $99,000. According to Chairman Powell, the Fed has no intention of getting involved in the government's massive Bitcoin reserves.
According to moomoo News' backtest data, the win rate for buying before the close of the next business day and holding for 20 business days after a drop of over 3% on the current day, then selling at the next day's opening, is Triple the Bull 500 ETF-Direxion (SPXL.US).By 82.35%, Bitcoin (BTC.CC)Has become 63.83%.
Related Articles:U.S. stocks and Bitcoin experiencing a sharp decline, is it a good opportunity to buy on the dip?
Related Articles:U.S. stocks and Bitcoin experiencing a sharp decline, is it a good opportunity to buy on the dip?
The yield on the 10-year U.S. bonds temporarily fluctuated around 4.548%, the highest level since May.
Due to the impact of the FRB's monetary policy, the long-term bond prices fell in the New York bond market on the 18th. The yield on the 10-year U.S. bonds on the 19th rose, reaching around 4.548%, the highest level since May 31st.
Due to the impact of the FRB's monetary policy, the long-term bond prices fell in the New York bond market on the 18th. The yield on the 10-year U.S. bonds on the 19th rose, reaching around 4.548%, the highest level since May 31st.
NVIDIA's holdings continue to rise, with Sound AI soaring by about 8%.
$NVIDIA Portfolio (LIST20882.US)$
$NVIDIA Portfolio (LIST20882.US)$
Apple criticizes Meta Platforms Inc for access demands to personal data protection technology.
USA $Apple (AAPL.US)$It sought access to software tools that may violate user privacy on Wednesday. $Meta Platforms (META.US)$Criticism arose. In an online statement, the company expressed concerns about the potential for businesses trying to exploit the EU's new Digital Markets Act to access confidential data.
USA $Apple (AAPL.US)$It sought access to software tools that may violate user privacy on Wednesday. $Meta Platforms (META.US)$Criticism arose. In an online statement, the company expressed concerns about the potential for businesses trying to exploit the EU's new Digital Markets Act to access confidential data.
Apple reported that Meta has requested access to technology potentially weakening personal data protection on their devices 15 times, emphasizing that "no other company demands interoperability as frequently." According to Apple, technologies Meta sought access to include iPhone mirroring, AirPlay, Bluetooth-connected devices, and connections to all Apple devices per user.
Qualcomm's CEO criticized Arm in court for disrupting market order.
The lawsuit against the leading U.S. and British semiconductor under the SoftBank Group umbrella, Qualcomm, is set to begin in the federal court in Delaware, USA. $Arm Holdings (ARM.US)$Litigation against the U.S. semiconductor giant Qualcomm is set to begin in the federal court of Delaware. $Qualcomm (QCOM.US)$Chris Amon, CEO of Qualcomm, told the jury that Qualcomm suffered significant damages to its business due to misrepresentations made by Arm about chip technology licensing contracts with customers. The key points of the lawsuit include Qualcomm's acquisition of the semiconductor startup Nubia in 2021 and the licensing agreement to use Arm's technology. Arm CEO Rene Haas emphasized to the jury in his testimony on the first day, 'There are cases where they are using our technology without a license. Arm is a company dealing with intellectual property and we have a duty to protect our inventions.'
The lawsuit against the leading U.S. and British semiconductor under the SoftBank Group umbrella, Qualcomm, is set to begin in the federal court in Delaware, USA. $Arm Holdings (ARM.US)$Litigation against the U.S. semiconductor giant Qualcomm is set to begin in the federal court of Delaware. $Qualcomm (QCOM.US)$Chris Amon, CEO of Qualcomm, told the jury that Qualcomm suffered significant damages to its business due to misrepresentations made by Arm about chip technology licensing contracts with customers. The key points of the lawsuit include Qualcomm's acquisition of the semiconductor startup Nubia in 2021 and the licensing agreement to use Arm's technology. Arm CEO Rene Haas emphasized to the jury in his testimony on the first day, 'There are cases where they are using our technology without a license. Arm is a company dealing with intellectual property and we have a duty to protect our inventions.'
Nike to announce second-quarter earnings reports.
$Nike (NKE.US)$The earnings report for the second quarter is scheduled to be announced after the close of trading on the 19th. The market expects the company's second-quarter revenue to be $12.13 billion, lower than the $12.13 billion in the same period last year. It is forecasted to have a profit per share of 64 cents.
$Nike (NKE.US)$The earnings report for the second quarter is scheduled to be announced after the close of trading on the 19th. The market expects the company's second-quarter revenue to be $12.13 billion, lower than the $12.13 billion in the same period last year. It is forecasted to have a profit per share of 64 cents.
Analyst Christina Fernandez of Telsey is seeking information on Nike's new product development plans and strategies from the Hill. She has maintained Nike's rating as 'Outperform' and lowered the target price from $96 to $93. Fernandez also stated in a recent investor note, 'Overall, Nike is in a transition period that may take a few months to reverse.'
Accenture, rises after hours - First quarter of fiscal year 2025 revenue and profit increase
$Accenture (ACN.US)$According to the first quarter earnings announced on December 19th, sales increased by 9.0% year-on-year to $17.6 billion. Operating profit increased by 15.0% to $2.948 billion. The quarterly dividend increased by $0.19 from the same period last year to $1.48. The company's stock price rose by 5.6% in after-hours trading following the strong earnings report.
$Accenture (ACN.US)$According to the first quarter earnings announced on December 19th, sales increased by 9.0% year-on-year to $17.6 billion. Operating profit increased by 15.0% to $2.948 billion. The quarterly dividend increased by $0.19 from the same period last year to $1.48. The company's stock price rose by 5.6% in after-hours trading following the strong earnings report.
Nucleus soared 46% after hours, recording over 35 times increase in the past 2 trading days
$Nukkleus (NUKK.US)$Rising by 46% in after-hours trading, the company recorded a more than 35-fold increase in the past 2 business days. The company recently announced a strategic acquisition, aiming to enter the defense sector. Previously focused on the cryptocurrency market, the fintech company revealed that it had acquired 51% of Star26 Capital Inc.'s shares.
$Nukkleus (NUKK.US)$Rising by 46% in after-hours trading, the company recorded a more than 35-fold increase in the past 2 business days. The company recently announced a strategic acquisition, aiming to enter the defense sector. Previously focused on the cryptocurrency market, the fintech company revealed that it had acquired 51% of Star26 Capital Inc.'s shares.
- MOOMOO News: Alicia
Source: Bloomberg, Dow Jones, minkabu, MOOMOO
This article utilizes auto-translation in some parts.
Source: Bloomberg, Dow Jones, minkabu, MOOMOO
This article utilizes auto-translation in some parts.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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