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Weekly Buzz: Green candles for turkey season
U.S. stocks crossed the line in the green Friday as the S&P 500 scored a third straight week of gains. Inves...

Wells Fargo & Co securities analyst (Dan Ives): It is expected that Tesla will become the company with the highest global market cap. Recently, he made a bold prediction: Tesla's stocks are expected to reach $300 within 10 years. The first point is market share growth (Ives predicts that Tesla currently accounts for 5% of total auto sales and is projected to reach 25% by 2025). The second point is innovation and technological advantage in battery technology, software, and autonomous driving. The third point is global market expansion: Tesla has shown strong momentum in the global market.

Stockholm (Reuters) - Tesla is facing increasing pressure in Sweden from a union supporting mechanics, demanding a collective bargaining agreement with the American automaker, as one of its suppliers' workers are set to strike next week.
Tesla does not have manufacturing plants in Sweden, but its electric cars provide maintenance services at workshops nationwide. About 130 mechanics from the Swedish union IF Metall went on strike on October 27.
Dock workers and car dealers soon joined their ranks, refusing to handle Tesla products.
Around 50 union workers from Norwegian aluminum and energy company Hydro's subsidiary, Hydro Extrusions, will cease production of Tesla car products next Friday, according to a spokesperson. The spokesperson added that the rest of the factory in Vaermland will continue running.
Hydro Extrusions' Vetlanda plant produces aluminum profiles - transforming aluminum alloy into shapes, and is the first Tesla supplier in Sweden to support the mechanic's strike.
Tesla did not immediately respond to a request for comment.
The trade union said that the auto manufacturer informed IF Metall on November 6th that it did not want to sign a collective agreement.
IF Metall spokesperson Jesper Pettersson said, "We hope that Tesla Sweden will sign..."

The Fed says no rate hikes for now, to some extent the recent stock market rebound is also related to the Fed holding back its flags. However, whether the Q4 frenzy can continue into 2024 is indeed a topics. It is related to a rumor from yesterday, suddenly Ping An's stock plummeted, the market is wondering what happened. It turns out there was a rumor about Ping An having the opportunity to become the country garden's white knight, which of course was completely denied.