Santa Rally brings together a series of US-listed companies that are likely to benefit during the holiday shopping season, ranging from traditional retail giants to emerging e-commerce platforms, and from home improvement chains to payment service providers. This sector comprehensively reflects the diversified needs and consumption patterns of modern consumers during the holiday period. These companies typically experience sales peaks during the Christmas season and are therefore viewed as Christmas concept stocks.
Here's the Major Earnings Before the Open Tomorrow
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Is the future US Secretary of Commerce a new helper for cryptos? His company was exposed to holding Tether, advancing the bitcoin lending project
Financial services company Cantor, founded and led by Lutnick, reached an agreement last year to hold 5% of Tether's equity, worth as much as $0.6 billion at the time; Tether is facing investigations by the US Department of Justice for violating sanctions and money laundering regulations, with its boss stating that Lutnick will try to use his political influence to resolve the threats facing Tether; Cantor is also considering accepting Tether's support for its initial $2 billion Bitcoin collateral loan project.
Quantum Corporation Shares Are Trading Higher After Amazon Announced It Has Launched Its Quantum Embark Program.