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    Moo moo
    Translated
    Terapower, supported by Bill Gates, began construction of America's first next-generation nuclear power plant and the world's most advanced nuclear power facility on Monday in Kemmerer, Wyoming.
    “This is a huge step towards safe and abundant zero-carbon energy. “The success of such projects is critical to the future of this country.”
    Gates told an audience gathered in Wyoming on Monday that he “stands on what will soon be the bedrock of America's energy future.”
    TerraPower, co-founded by Gates, aims to “revolutionize” power generation and began construction in Wyoming on Monday to prepare a site for nuclear reactor construction. In March, Terapower applied for permission to build an advanced nuclear reactor that uses sodium instead of water for cooling.
    Technology for non-water-cooled nuclear reactors has existed for a long time, but the Associated Press quoted the Nuclear Regulatory Commission (NRC) and reported that Mr. Gates' efforts in Wyoming meant that private companies were trying to commercially launch an advanced nuclear reactor for the first time in 40 years.
    This new facility is burning coal...
    Translated
    Nvidia ( $NVIDIA (NVDA.US)$) is approaching a stock split. Stock splits provide an opportunity for investors to acquire Nvidia shares at a more affordable price. By using moomoo, you can start trading earlier than other companies※¹ and have a chance to capture the first-day trend of the stock price after the split. Let's make the most of the advantages of ahead-of-the-curve trading.
    History of Nvidia (NVDA) stock splits
    Overview of stock splits
    NVIDIA will implement a stock split, dividing 1 share into 10 shares, with June 7, 2024 (Friday) as the record date.
    NewTrading at the post-split stock price will begin on June 10, 2024 (Monday) at 17:00 (Japan time).It will commence※².
    Notification of trading start date and time (Japan time).
    We areTrading of nvidia at the post-split stock price will begin from the pre-market on June 10, 2024 (Monday) at 17:00.will begin.
    Overview and Schedule of Stock Splits
    Impact of Stock Splits
    After stock splits, each share will be split into 10 shares, and the number of shares will increase tenfold. The split will take effect on the business day immediately following the effective date. The trading price after the split will be approximately one-tenth of the trading price before the split.
    Translated
    NVIDIA's stock split: Trading to begin on June 10th! In past splits, the stock price has increased by 67%.
    NVIDIA's stock split: Trading to begin on June 10th! In past splits, the stock price has increased by 67%.
    NVIDIA's stock split: Trading to begin on June 10th! In past splits, the stock price has increased by 67%.
    4
    There are more personal accidents with electric vehicles than gasoline cars. The reason is?
    Why is the possibility of contact with people significantly higher with electric vehicles... There were three convincing reasons.
    Three reasons
    Although it is a survey of electric vehicles in the United Kingdom, similar situations are likely to apply globally as well.
    First, the first point. It is more common for electric automobiles to run in urban areas than gasoline autos. Urban areas equal many pedestrians, so the risk of accidents naturally increases.
    Second point, the purchase of electric automobiles is mostly by younger age groups, with a high likelihood of having little experience as drivers.
    And thirdly, it is something that anyone can expect, but electric autos are overwhelmingly quiet in terms of running noise, making pedestrians less likely to notice them.
    Translated
    The US Federal Reserve (Fed) left the base interest rate unchanged again on Wednesday against the backdrop of economic and labor market growth, and an inflation rate that greatly exceeds central bank targets.
    As a widely anticipated move, the Fed's interest rate decision group unanimously agreed to leave the main federal funds interest rates unchanged at 5.25% to 5.5%, which is the target range since July. Following the fact that the Federal Open Market Committee (FOMC) implemented 11 interest rate hikes, including 4 interest rate hikes in 2023, this time it was also held 2 times in a row.
    The current decision also included raising the committee's assessment of the economy in general. Stock prices rose in response to this news, and the Dow Jones Industrial Average rose 212 points.
    Fed Chairman Powell said at a press conference that “there is a long way to go in the process of sustainably lowering the inflation rate to 2%.” Chairman Powell emphasized that the central bank has yet to decide anything for the December meeting, and stated that “the Commission will always do what it deems appropriate at the time.”
    Chairman Powell added that the FOMC is not considering interest rate cuts at this time, or even discussing them. Also,...
    Translated
    1
    FOMC going to be extra spooky this week. 👻
    Here's a chart showing market expectations about where interest rates will go at different points in time.
    Currently, rate CUTS are expected to begin in June 2024 with a 36% chance of another HIKE ahead.
    Next FOMC rate hike probabilities:
    No hike → 99.9%
    25 bps cut → 0.1%
    Economists say the Fed will likely leave interest rates alone when its next rate-setting meeting concludes on Nov. 1, so Fed Chair Jerome Powell & Co. can keep asses...
    Fed meeting preview
    Fed meeting preview
    Fed meeting preview
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