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%.
Alphabet's Options Volume Triples as Shares Rise After Google Unveils Quantum Chip
Google launches Gemini 2.0 Flash, a next-generation AI model that supports image generation and a full transition to Agent
In response to the many new products previously launched by OpenAI, Google on Wednesday launched Gemini 2.0 Flash, an important next-generation artificial intelligence model, which can natively generate images and audio while supporting text generation. 2.0 Flash can also use third-party applications and services to enable it to access features such as Google searches and code execution. According to Google, Gemini 2.0 Flash is the first model in the 2.0 family. It mainly promotes native multi-modal input and output+Agent. It is twice as fast as the 1.5 Pro, and the key performance indicators even surpass the 1.5 Pro.
Stitch Fix Rallies, but Can Its Rich Valuation Hold Up? - Analyst
Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.
As of the close, the Dow Jones Industrial Average fell 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose 49.28 points, an increase of 0.82%, closing at 6,084.19 points.
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Tesla has reached a historical high for the first time in three years! Wall Street significantly raised its targets, and Musk has become the world's richest person with a fortune exceeding 400 billion.
Last week, Bank of America raised the Target Price for Tesla by 14%, and the long-term bearish Analyst Craig Irwin upgraded the rating to Buy, with the Target Price increased by 347%; this week, Morgan Stanley raised the Target Price by 29%, and Goldman Sachs raised it by 38%. Tesla's stock price rose nearly 6% on Wednesday, and Musk, whose personal wealth comes from Tesla Stocks and Options, refreshed the record for the highest personal Assets of the Global richest.
Nasdaq Surges Past 20,000 for the First Time, Powered by Tech Giants | Wall Street Today
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Express News | Benzinga Market Summary: Nasdaq Rises Above 20,000 Amid Strength In Tech Stocks, Adobe To Report After The Close, Bitcoin Rises
Magnificent Seven Tech Titans Hit $18.2 Trillion Market Cap: Alphabet, Amazon, Apple, Meta, Tesla Jointly Notch All-Time Highs
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Google Introduces AI Agent Prototype That Can Browse The Web
Wall Street interprets the CPI: no change to the Fed's "gradual easing," core inflation remains strong supporting the pause in interest rate cuts in January.
Analysis suggests that the CPI, which meets expectations, demonstrates that the cooling of inflation has basically stagnated in recent months. While this is not enough to disrupt the year-end bull market in U.S. stocks, it also means that an interest rate cut next week is not guaranteed, especially with the potential inflation upward risks brought by Trump's tariffs and fiscal expansion next year drawing attention. The yield on 10-year U.S. Treasuries first fell and then rose.
Meta Informs Users of Outage Across Its Apps Through X