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Trump is reportedly set to ring the bell at the NYSE today. What does it signify?
① According to media reports, the USA's incoming president Trump will go to the NYSE on Thursday to ring the opening bell and deliver a speech; ② There are reports that Trump will be named Time Magazine's Person of the Year for 2024, but this has not yet been confirmed by Time; ③ Since Trump's announcement of victory, the three major US stock indices have risen repeatedly, with the market encouraged by promises of tax cuts and deregulation.
Musk is worth 447 billion US dollars and is the first “400 billion dollar millionaire” of adults
Tesla shares rose 5.9% on Wednesday to close at $424.77, a record high, surpassing the previous record of $409.97 set on November 4, 2021. Since this year, Tesla's stock price has risen cumulatively by about 71%, and has soared by about 69% since Trump won the US election. Driven by this, Tesla CEO Elon Musk's net worth skyrocketed by 62.8 billion US dollars overnight to reach 447 billion US dollars, making him the first superrich person on Earth with a net worth over 400 billion US dollars. Musk's current net worth is higher than Jeff Bezos, who is second on the Bloomberg Billionaires Index
Bank of America Options Spot-On: On December 11th, 125.84K Contracts Were Traded, With 3.34 Million Open Interest
The CEO of Bank of America stated that sales and Trade business in the fourth quarter is expected to reach a new high, with Investment Banking business revenue surging.
Bank of America CEO Brian Moynihan said that the quarterly revenue trend of the bank's investment banking business will increase by at least 25% year over year, while sales and trading business are expected to reach new highs. Moynihan said at the Goldman Sachs Financial Services conference on Wednesday that investment banking revenue for the fourth quarter could exceed $1.4 billion as deals “continue to grow.” Analysts had predicted that the investment banking revenue of the second-largest bank in the US would be close to 1.5 billion US dollars, which is equivalent to an increase of about 27%. Meanwhile, Moynihan said the sales and trading business should once again record year-on-year growth, now
Bank of America CEO Sees Net Interest Income Moving up the Ladder From $14.3B in Q4
Bank of America Corporation (BAC) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)
Dannyrb : Better sell while you are ahead.