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Famous Analyst warns: the Technology bubble is approaching a "critical point", be wary of large hedge funds selling off.
Kaplan, the CEO of True Contrarian blog and newsletter, believes that the current technology bubble in U.S. stocks has grown larger... the current bear market may have already begun. He also stated that if stocks like QQQ drop by 20%, those funds worth trillions of dollars will sell off at the same time.
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The giants' "AI life-and-death battle": will the winner take all?
In the past, Technology companies often focused on their core Business, but now, these boundaries are gradually becoming blurred. Giants like OpenAI, NVIDIA, Google, and Amazon are increasing their investments in AI Chips, Cloud Computing, and large models, attempting to create a complete AI ecosystem.
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'Squid Game' Returns. Here's What Else Is Worth Streaming From Netflix, Disney and More in December 2024.
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Amazon Options Spot-On: On December 24th, 252.69K Contracts Were Traded, With 4.02 Million Open Interest
Amazon.com (AMZN) Sees Price Target Raised to $290 by Tigress Financial Amid Strong AI Integration
U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
On December 24, the top 20 stock trades in the US saw Apple reach a record high for the third consecutive day, with a Market Cap surpassing 3.9 trillion USD.
On Tuesday, Tesla topped the U.S. stock market with a 7.36% increase, trading at 26.157 billion USD. It is reported that the Tesla Shanghai energy storage super factory is nearing completion, expected to be finished by the end of this year, likely to surpass its vehicle super factory construction speed, achieving the entire process from starting to completion in just 7 months. On May 23 of this year, the Tesla energy storage super factory broke ground in Shanghai Lingang Holdings. After the groundbreaking ceremony, Shanghai Lingang Holdings Economic Development (Group) Co., Ltd. signed a contract with Tesla for the first batch of super-large electrochemical commercial energy storage systems Megapack in China. A relevant person in charge at Tesla stated in an interview that,