Weekly Buzz: Tech stocks hit high scores on ominous day
Palantir, MicroStrategy Could Be Added to Nasdaq 100. Moderna, Super Micro Could Be Dropped
Friday the 13th Ends with Flat S&P 500 | Wall Street Today
Investors who have leveraged the "Musk Trade" have received substantial returns, with one Fund even surging by 500%.
Whether it's Wall Street funds or small short-term traders, as long as there's a bold bet on Elon Musk's business empire, this year's end could lead to substantial earnings, especially with Donald Trump winning the USA election significantly boosting the wealth of this world's richest person. Musk's support for Trump during the campaign and his appointment to lead the newly established Department of Efficiency have made his companies, including Tesla and the private unicorn companies SpaceX and xAI, become hot Assets. The Market Cap of these companies has soared this year, propelling Musk's personal wealth to exceed 40 billion dollars. Closed-end Fund.
Wall Street's “last bear” Stifel: U.S. stocks will fall to 5,000 points by the end of 2025.
① Barry Bannister, the chief investment strategist at Stifel, one of the few bears on Wall Street, expects that U.S. stocks will be below current levels by the end of 2025; ② Bannister believes that persistently high inflation may prompt the Federal Reserve to maintain high interest rates, impacting the stock market's upward momentum; ③ In contrast, other strategists are focusing on the trajectory of economic growth rather than the extent of interest rate cuts.
The Fed Is Poised to Cut Rates Next Week. But 2025 Is Another Matter
