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USA drone stocks crashed on Monday.
The stock price of the drone concept stock Unusual Machines fell by 19.5% on Monday, but increased by 89% and 85% respectively on the previous two trading days. Previously, the support of drones by Musk and the news of Trump's son Donald becoming an advisor to Unusual Machines boosted its stock price.
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
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DanDha : Are the space stocks a good buy right now?
FinanceGuru DanDha : LUNR-Space tourism is not a real thing unless you count LEO joyrides for the ultra rich.
DanDha FinanceGuru : The issue imo isn't if space will be valuable. It's the timeline for us to see that value. ex. How many decades of trading flat do we have to wait before asteroid mining becomes feasible? Will mining stock rise enough to counteract the decades of waiting?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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FinanceGuru DanDha : I don’t got decades dude.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Lauren_investement OP DanDha : Rocket Lab’s financials are pretty solid from what I can tell. They are getting more customers and seem like a good challenger to SpaceX.
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