NVDA
NVIDIA
-- 115.830 TSLA
Tesla
-- 271.695 PLTR
Palantir
-- 85.495 TSM
Taiwan Semiconductor
-- 182.990 CRWD
CrowdStrike
-- 357.303 
Weekly Syrup: With yearly charts, next year, you can rush!
Hey mooers! ![]()
The Bank of Canada, under Governor Tiff Macklem, has made a second significant rate cut, dropping the overnight rate by 50 basis points to 3.25%. This decision, influenced by US President-elect Donald Trump's threat of 25% tariffs on Canadian goods, marks the first time since the 2009 financial crisis, aside from the Covid pandemic, that back-to-back 50 basis point cuts have been implemented. Read more>>
After the rate cut, how to grab opportunities? Click here or the picture to check "Rate Cut Beneficiaries">>
But before other recaps, let's look at something different:
What's Moo'ed?
"What's Moo'ed" is a space that captures fun, newsworthy, jaw-dropping and sometimes confusing (lmao) news clips for mooers so that you know this is a colorful world (or a weird and speechless one).
1. Not now. ![]()
Jula Vadini, a worried passenger on a flight to San José Del Guaviare in Colombia, recorded a TikTok video when the crew handed out electronic candles. She later learned and shared that it was a Colombian tradition for December 7th, where one candle symbolizes one wish. I mean, if they hand out candles to her family members and friends while she's flying, that's the real worry. But electronic candle is indeed good product when there's turbulance in the air.
2. Remember me? ![]()
A UK tourist discovered a COVID-19 themed park in Vietnam, complete with "googly-eyed" pathogen sculptures, as photos of the unusual attraction go viral online. This proves the golden rule one more time: people love their abusers.
3. The twin of Facebook: "Faceflight" ![]()
Air Canada is set to introduce facial recognition technology at the gate, becoming the first Canadian airline to use the software to simplify the boarding process. Customer trust will be better as the flight will be more "faceful".
Okay, let's dive back to the syrup:
Time to wrap up!
As 2024 comes to a close, U.S. stocks, including the S&P 500 Index, have surged more than 26% due to the AI boom and strategic financial maneuvers like rate cuts and recession hedges, each highlighted at various times. Leading the gains, AI advertising company $Applovin (APP.US)$ saw an increase of nearly 750%. AI data analytics firm $Palantir (PLTR.US)$ soared over 320%, and $Vistra Energy (VST.US)$, known for powering data centers, climbed more than 280%. The resurgence of interest in Bitcoin stocks, particularly after Donald Trump's presidential victory, led to $Strategy (MSTR.US)$'s 550% rise. Read more>>
Apart from individual stocks, we also have other recaps for you:
Musk's thing is a must?
On Wednesday, $Tesla (TSLA.US)$'s stock reached a three-year high of $424.77, following price target increases by major banks. The company also revealed a video of its Optimus robot walking outdoors, with potential sales starting next year at $25,000 to $30,000 each. Additionally, Tesla announced plans to deliver the new, cost-effective Model Q, also known as "Redwood," in the first half of next year, costing about half as much to produce as the Model 3. Read more>>
To seize opportunities, mooers can click and check either the "AI Chip" theme or the "EV" theme >> (Tesla is in both of them)
China held its annual Economic Work Conference this Wednesday and Thursday, a critical yearly event aimed at setting the economic priorities for 2025. Prior to this, the nation's top leaders suggested implementing stronger stimulus measures in response to the looming threat of a possible trade war with the US. Read more>>
Let's see how mooers are doing in the past week:
What do you think of BoC rate cut, 2024 recap and other stuff? And what's your take on other hot issues in the past week? How can they earn you more money(we pray that for you)?
Share your stories, ideas, feelings and emojis in the comments below:
Event time: From now until December 22, 2024, at 24:00 ET time.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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102362254 : The Nasdaq briefly hit 20,000, fueled by strong growth, rising profits, and lower inflation. Many are watching for a small Fed rate cut. The stronger dollar is also affecting some companies
Meme_Short_Queen : a lot of mortgage breakers are coming soon to he happy to pay penalties for getting out of their fixed rate contract
Jason Fung : The market didn’t react wildly last Wednesday when BoC announced a 0.5% rate cut. Looks like this was already priced in when unemployment rate was announced the week before and it was unexpectedly high. BoC did say this will probably be the last big cut and in 2025, the rate cut will be smaller as our economy and unemployment situation hopefully improves.