Cathie Wood's Ark Invest Dumps Another $15.3 Million Tesla Shares, Pivots To This Flying Taxi Startup
Wall Street is hot on quantum computing stocks, but Google's quantum chip does not actually possess computing power.
Google unveiled its new "quantum chip" Willow this Tuesday, causing its parent company Alphabet and related Stocks to surge significantly this week. However, Analysts indicate that quantum computing is still a long way from any commercial use and advise investors not to get overly excited due to the recent rise.
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
This Hasn't Happened to U.S. Stocks in More Than 20 Years - Here's Why Investors Should Be Concerned
Thursday Ends in Index Declines | Wall Street Today
Tesla Snaps Six Straight Sessions of Gains
U.S. President-elect Trump Rings NYSE Opening Bell, Talks Economy, Crypto
In the Last 12 Days of Trade, GS Can See $9T in Cash, 2 Dovish Cuts, and Rally in the S&P
Josh Brown Unveils The 'Degen Dow,' A Basket Of 30 Retail Darlings Spanning All 'Major Degen Food Groups'
Rivian, Tesla Will Drive Autonomous Vehicle Progress In 2025: Goldman Sachs
6 Industrials Stocks Whale Activity In Today's Session
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Riot Options Volume Jumps as Stock Rallies 10% After Starboard Reportedly Takes Stake
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.
Market Falls Thursday, Producer Inflation Grows, and Tech Pulls Back From Records | LiveStock
Market Clubhouse Morning Memo - December 12th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META and TSLA)
Hot Inflation Data But Fed Likely To Ignore It, Musk Becomes First $400 Billion Man
Live At NYSE, President-Elect Donald Trump Says "Elon Musk Has Alot Of Ideas, Is A Great Guy And Stocks Has Done Really Well", "We're Not Going To Be Abused Anymore, Going To Put America First"
$1000 Invested In Lululemon Athletica 10 Years Ago Would Be Worth This Much Today
$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today