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China Central Economic Work Conference: A Key Indicator for Future Market Trends
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
PDD Holdings Options Spot-On: On December 11th, 113.33K Contracts Were Traded, With 1.6 Million Open Interest
Citi Maintains PDD Holdings(PDD.US) With Hold Rating, Maintains Target Price $125
Sector Update: Consumer Stocks Flat to Higher Premarket Wednesday
The "Great Debate on Algorithms": Criticizing good and evil is easy, but winning the competition is very difficult.
Introduction: Man, the tool-making animal. The ability of humans to create and use tools is one of the key differences between humans and other animals. From simple stone tools to complex machines and Electric Appliances, the evolution of tools reflects the progress of human society and the development of Technology. Entering the digital age, algorithms, with their intangible power, subtly reshape our ways of information acquisition, Consumer habits, and even social patterns. However, with the widespread application of algorithms across various fields of society, the controversies and doubts they provoke also follow closely. Discussing the good and evil of algorithms is meaningless; algorithms are merely tools, and one would discuss.
Stock_Drift OP : Overnight $PDD Holdings (PDD.US)$