Tesla's stock price hits a new high, Musk's net worth soars to 490 billion dollars.
Tesla's stock price rose 3.64% on Tuesday, reaching nearly $480, setting another historical high, after yet another Analyst upgraded the stock rating and raised its Target Price to over $500. As a result, Tesla CEO Elon Musk's net worth increased by $12 billion overnight, reaching $486 billion, which has soared by $257 billion this year. Mizuho upgraded Tesla's rating to "Outperform Large Cap" in a report on Tuesday, raising its Target Price from $230 to $515. Meanwhile, the median Target Price on Wall Street is close to $300, below Tesla's stock price.
Crude Oil Product: Oil prices ended a three-day rise, dragged down by expectations of an oversupply in 2025.
Crude Oil Product prices ended a three-day uptrend, closing around $70 per barrel, as expectations of oversupply in 2025 offset the boost to oil prices from geopolitical risks. Although OPEC decided to delay production increases, the International Energy Agency (IEA) reiterated that there will be a large oversupply next year. This institution's forecast contradicts the USA government's expectation, which predicts a roughly balanced supply and demand next year. The inability of Crude Oil Product to break through the 50-day moving average has also weighed on its performance. Oil prices have been stalled at this technical level for nearly three weeks. However, WTI has still maintained most of this week's gains. "We are all drowning in oil, and this"
Which Subsectors to Own and Which to Avoid – Wolfe Research
Japanese media reports that the central bank's internal view of avoiding premature rate hikes is strengthening, causing the market's bets on rate hikes to sharply decline, putting pressure on the Japanese yen.
After local media in japan questioned the prospects for the Bank of japan's interest rate hike, market expectations for an increase this month suddenly decreased, leading to pressure on the yen. The overnight index swap on Thursday indicated that the probability of the Bank of japan raising interest rates at the meeting on December 18-19 is expected to be 40%, a significant drop from the 66% expected probability on November 29. Even after a 1.1% drop on Wednesday, the yen regained some ground but remains weak against the key level of 150 yen per dollar. According to a report from the Shijima News Agency on Wednesday, an increasing number of people within the Bank of japan believe that early interest rate hikes should be avoided unless consumer prices rise due to factors like the depreciation of the yen.
Top Gap Ups and Downs on Tuesday: ACN, DB, X and More
Mizuho Financial Declares $0.019540 Dividend
bank sector is so strong
CJ8128 : Grab app is widely use in Asia , and it has a digital bank GX Bank, Q2 results will be Good!
Investarr CJ8128 : used
CJ8128 : yes widely used
Wuji妙妙 : must buy more
MonkeyGee : when I was in Asia, I used Grab. it's an amazing appl. everyone using it. locals love it.
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