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
Tesla's stock price continues to rise after the US election and hits the highest intraday record
Tesla's stock price rose 3.5% to 415 US dollars on Wednesday, the highest intraday record. As the market expects Tesla's autonomous driving business to be boosted after Trump becomes President of the United States, Tesla's stock price rose strongly. Tesla's stock price basically lagged behind its big tech peers for most of 2024. Since then, its stock price has risen sharply since the end of October, first boosted by better-than-expected third-quarter results, and then by expectations that Donald Trump's election victory might be beneficial to the company. Tesla CEO Musk was an avid supporter of Trump during the US presidential election and is
Wall Street commodity traders' performance this year is expected to be the worst since before the pandemic
As market volatility weakens, the commodity trading business of the world's major investment banks may experience the worst year since before the outbreak of the pandemic. According to data compiled by Coalition Greenwich, the combined net revenue of more than 250 companies, including Goldman Sachs, Citigroup, and J.P. Morgan Chase, will reach 10.6 billion US dollars this year, which is nearly one-fifth less than last year's total revenue. Angad Chhatwal, head of global macro markets at Coalition Greenwich, said, “The trading boom is fading away, and revenue will drop a further 3% in 2025.” Chinese flag, tall
Market Climbs on CPI Inflation and Likelihood of Rate Cuts | Livestock
Express News | BT Group PLC Morgan Stanley - Holding(S) in Company
Trump is trending towards financial deregulation, Goldman Sachs (GS.US) cheers as the merger and acquisition market welcomes Bullish news.
During the Trump era, merger and acquisition Trades are expected to increase, and Wall Street Banks are likely to benefit.
The RMB exchange rate against the US dollar mid-price is reported at 7.1843, up 53 points.
On December 11, the central parity rate of the RMB against the US dollar was reported at 7.1843, up 53 points. Survey: 90% of economists predict that the Federal Reserve will announce a 25 basis point rate cut next week. 90% of economists expect the Federal Reserve to announce a 25 basis point cut at the policy meeting on December 18, lowering the federal funds rate to 4.25%-4.50%. Meanwhile, most economists expect the Federal Reserve may pause further rate cuts in late January, mainly due to concerns over rising inflation risks. When should the dollar be sold? Morgan Stanley believes it is now! Morgan Stanley Analysts state that now is the time to sell.
$1000 Invested In This Stock 10 Years Ago Would Be Worth This Much Today
Market Falls Wednesday, but Googles Chip Impresses | WST
Eaton Vance Municipal Bond Fund Announces Commencement of Tender Offer
Quickly chase the "fool's money": Hedge funds are targeting mini millionaires.
Hedge Funds are looking for the next batch of money bags in the low-end market, focusing on "mini millionaires." As traditional hedge fund clients like large Institutions and super-rich individuals become increasingly silent, doctors, lawyers, business owners, or anyone with assets in the seven to eight-digit range have become new targets for hedge funds, and this trend has been accelerating. The velvet ropes across Wall Street are coming down. From Private Equity to Real Estate Operators, to trendy new private Crediting funds, everyone is trying to attract those wealthy individuals who are prosperous but not quite at the billionaire level. According to Andrew from the investment company DBi.
Google's Quantum Chip Might Have Contacted Parallel Universes | Live Stock
Express News | Morgan Stanley Capital Partners Agrees to Acquire Prescott’s
Press Release: Morgan Stanley Capital Partners Agrees to Acquire Prescott's
Morgan Stanley: Maintains chow tai fook "in line with the market" rating, target price of 8.3 Hong Kong dollars.
Morgan Stanley released a research report stating that it maintains a "market perform" rating for Chow Tai Fook (01929) with a target price of 8.3 Hong Kong dollars. The bank expects that Chow Tai Fook's stock price has approximately a 70% to 80% chance of outperforming the same period's market index in the next 30 days, noting that yesterday (the 9th) the Central Political Bureau meeting revealed a strong tone for stimulus policies, indicating the need to expand domestic demand, and calling for supportive measures for the stability of the housing market and stock market, envisioning stability in asset prices, which has a positive impact on gold and jewelry consumption. The bank also pointed out that the period from December to February of the following year is usually the traditional peak season for jewelry sales, and Chow Tai Fook's stock price this year...
Morgan Stanley Capital Partners Agrees to Acquire Prescott's
The central parity rate of the RMB to the US dollar is reported at 7.1896, down 26 points.
On December 10, the RMB exchange rate against the US dollar central parity was reported at 7.1896, down by 26 points. Bets on the Federal Reserve rate cuts have significantly increased, driven by the backing of morgan stanley. In the morgan stanley supported federal funds futures market, the scale of bets on the Federal Reserve rate cuts in December and January has risen sharply. The number of contracts held by traders for January and February surged on Friday. A morgan stanley strategist suggested buying the February contracts in a report. "We believe investors should prepare for an increase in the market-implied probability of a 25 basis point rate cut at the January 29 FOMC meeting," said Matthew.
Betting on interest rate cuts by the Federal Reserve has significantly increased, driven by support from morgan stanley.
With the backing of morgan stanley, the scale of bets on interest rate cuts by the Federal Reserve in December and January has significantly increased in the federal funds futures market. The number of contracts held by traders for January and February surged on Friday. morgan stanley strategists suggested buying February contracts in a report. "We believe investors should prepare for the increased market-implied probability of a 25 basis point rate cut at the January 29 FOMC meeting," strategists led by Matthew Hornbach stated in a report. They wrote that the recommended approach to position for this includes buying February federal fund contracts, and receiving the contracts corresponding to the January meeting.
Monday Market Falls, Chinese Stocks Climb, Indices Rebalance | Live Stock