META241129C410000
- 164.61
- +10.08+6.52%
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Hong Kong stock market morning report on December 2: Funds have inflowed into U.S. stock funds for four consecutive weeks; electric vehicle companies' sales for November have been released.
①President-elect Trump met with Canadian Prime Minister Trudeau. ②The USA plans to impose tariffs of up to 271% on imported cecep solar energy from four Southeast Asian countries. ③Last Friday, the three major stock indexes in the USA collectively rose, with most china concept stocks trending higher. ④USA stocks fund attracted 12.78 billion US dollars, receiving inflows for the fourth consecutive week. ⑤BYD, XPeng Motors, and NIO released their November sales figures.
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Meta Plans $10 Billion Subsea Cable Spanning Nearly 25,000 Miles
Top 20 turnover of US stocks on November 29th: Tesla shortens supply chain payment cycle for 2024.
On Friday, the first in trading volume among US stocks, nvidia, rose 2.15%, with a transaction of 19.475 billion USD. The German government plans to provide about 2 billion euros in new subsidies to the chip industry, with the new funding to be given to chip companies, covering 10 to 15 projects including the production of raw wafers and microchip assembly. Earlier, the south korea government announced that it would urgently invest over 14 trillion won (approximately 10 billion USD) in policy financing to respond to the uncertainties from the new US government and the increasingly fierce competition in the chip industry. The second ranked stock, tesla, rose 3.69%, with a transaction of 12.46 billion USD. Tesla's vice president.
Meta to Invest $10B in Subsea Cable That Spans the Globe: TechCrunch
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Meta Weighs Sole Ownership Of A $10 Billion Subsea Cable Project
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Meta plans to build an underwater communication network around the Earth with a total investment exceeding 10 billion US dollars.
Sources reveal that the total length of Meta's global underwater communication cables may exceed 0.04 million kilometers; Initial plans involve departing from the east coast of the usa, traveling through south africa, india, and australia, before returning to the west coast of the usa; The movements of tech giants like Meta and Google demonstrate an increasing demand for multinational internet platforms to control network infrastructure.
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Express News | Meta Plans to Build a $10B Subsea Cable Spanning the World - Techcrunch