TSLA
Tesla
-- 462.280 NVDA
NVIDIA
-- 140.220 PLTR
Palantir
-- 82.380 MSTR
MicroStrategy
-- 358.180 AMD
Advanced Micro Devices
-- 126.290 Outlook for the American market: Buffett's Berkshire, with the highest cash holdings in history. Nvidia takes the top spot in market capitalization.
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Tonight's analysis of NY stocks.![]()
Market Overview
The American market started, with the Dow Jones Industrial Average, consisting of excellent stocks, opening at 42,004.66 dollars, down 47.53 dollars. The NASDAQ Composite Index, with a high proportion of technology stocks, started at 18,220.43, down 19.49 points. The S&P500, consisting of 500 large cap stocks in the United States, opened at 5,725.15, down 3.65 points.
The American market started, with the Dow Jones Industrial Average, consisting of excellent stocks, opening at 42,004.66 dollars, down 47.53 dollars. The NASDAQ Composite Index, with a high proportion of technology stocks, started at 18,220.43, down 19.49 points. The S&P500, consisting of 500 large cap stocks in the United States, opened at 5,725.15, down 3.65 points.
Top News
The dollar fell.
Results of opinion polls suggest that Democratic candidate Kamala Harris may take a lead in some key states, leading to the largest dollar decline in over a month. Bonds and stock futures rose.
The dollar fell.
Results of opinion polls suggest that Democratic candidate Kamala Harris may take a lead in some key states, leading to the largest dollar decline in over a month. Bonds and stock futures rose.
Nvidia is set to become the world's largest market capitalization company.
● $NVIDIA (NVDA.US)$ On November 8, it will be included in the Dow Jones Industrial Average, replacing Intel.
Nvidia is once again. $Apple (AAPL.US)$ trying to become the company with the highest market capitalization in the world, surpassing Apple. While it is not the first time the rankings of the two companies have switched, it demonstrates the difference in the strength supporting each company.
Following the news of joining the Dow average, Nvidia's stock price has shown a 2.6% increase in pre-market trading. Meanwhile, Apple is declining due to Mr. Buffett's ongoing stock selling.
● $NVIDIA (NVDA.US)$ On November 8, it will be included in the Dow Jones Industrial Average, replacing Intel.
Nvidia is once again. $Apple (AAPL.US)$ trying to become the company with the highest market capitalization in the world, surpassing Apple. While it is not the first time the rankings of the two companies have switched, it demonstrates the difference in the strength supporting each company.
Following the news of joining the Dow average, Nvidia's stock price has shown a 2.6% increase in pre-market trading. Meanwhile, Apple is declining due to Mr. Buffett's ongoing stock selling.
Is cash king?
Mr. Buffett $Apple (AAPL.US)$ Due to continuously selling shareholding including stocks, $Berkshire Hathaway-B (BRK.B.US)$ his cash reached a record high of $325 billion.
Mr. Buffett $Apple (AAPL.US)$ Due to continuously selling shareholding including stocks, $Berkshire Hathaway-B (BRK.B.US)$ his cash reached a record high of $325 billion.
Crude oil rebounded
OPEC+ agreed to postpone the production increase in December, and due to Iran's escalating rhetoric against Israel, crude oil rose.
OPEC+ agreed to postpone the production increase in December, and due to Iran's escalating rhetoric against Israel, crude oil rose.
Are prediction markets surpassing opinion polls? Experts are discussing their accuracy.
Prediction markets, particularly gaining popularity in the upcoming 2024 American presidential election, have currently attracted bets worth hundreds of millions of dollars. Prediction markets are believed to be more accurate than opinion polls as participants are economically motivated to act quickly on new information, although concerns remain about the influence of wealthy investors distorting the outcomes.
In recent instances, odds for the Harris candidate have surged following a lackluster performance by the Biden candidate in debates, showcasing how prediction markets are outperforming opinion poll-based models. However, critics argue that large bets could manipulate the odds, and it remains uncertain whether prediction markets truly have an edge over traditional forecasting models.
Prediction markets, particularly gaining popularity in the upcoming 2024 American presidential election, have currently attracted bets worth hundreds of millions of dollars. Prediction markets are believed to be more accurate than opinion polls as participants are economically motivated to act quickly on new information, although concerns remain about the influence of wealthy investors distorting the outcomes.
In recent instances, odds for the Harris candidate have surged following a lackluster performance by the Biden candidate in debates, showcasing how prediction markets are outperforming opinion poll-based models. However, critics argue that large bets could manipulate the odds, and it remains uncertain whether prediction markets truly have an edge over traditional forecasting models.
Interest rate decisions by central banks around the world, with the Federal Reserve (FRB) expected to cut rates by 0.25%.
Central banks covering over one-third of the global economy are set to determine borrowing costs this week. The Federal Reserve Board (FRB) is expected to cut rates by 0.25% on Thursday following weak job statistics. Brazil may raise rates on Wednesday.
The Standing Committee of the National People’s Congress in China is convening, anticipated to provide financial support to local governments and boost the capital of state-owned financial institutions. Additionally, this week marks a major earnings week with key companies in the USA, Asia, and European region releasing their financial results.
Central banks covering over one-third of the global economy are set to determine borrowing costs this week. The Federal Reserve Board (FRB) is expected to cut rates by 0.25% on Thursday following weak job statistics. Brazil may raise rates on Wednesday.
The Standing Committee of the National People’s Congress in China is convening, anticipated to provide financial support to local governments and boost the capital of state-owned financial institutions. Additionally, this week marks a major earnings week with key companies in the USA, Asia, and European region releasing their financial results.
Global investors preparing for overnight trading during the election period
Global investors are gearing up for overnight trading during the US election period. Major banks like JP Morgan and Goldman Sachs are increasing staff to handle the expected trading volumes and volatility. Due to the uncertainty of the election, trading becomes risky.
"Trump Trade" has recently gained popularity, with investors preferring the dollar and avoiding bonds. Some are preparing for the potential risks of civil unrest, highlighting the unpredictability surrounding the election.
Global investors are gearing up for overnight trading during the US election period. Major banks like JP Morgan and Goldman Sachs are increasing staff to handle the expected trading volumes and volatility. Due to the uncertainty of the election, trading becomes risky.
"Trump Trade" has recently gained popularity, with investors preferring the dollar and avoiding bonds. Some are preparing for the potential risks of civil unrest, highlighting the unpredictability surrounding the election.
moomoo News Zeber
Source: moomoo, Bloomberg, FedWatch
This article utilizes auto-translation in some parts.
Source: moomoo, Bloomberg, FedWatch
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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