Small-Cap Stocks Are Breaking Out. The Big Test Is Coming.
Art Cashin, NYSE Floor Trader and CNBC Fixture, Dies -- WSJ
On December 2, the top 20 trades on the U.S. stock market: Apple reached a historic high, regaining the title of the largest company by global market cap.
On Monday, Tesla topped the US stock market turnover with a 3.46% increase, trading at $26.717 billion. Tesla recently announced the latest version of its autonomous driving software, FSD V13.2. Based on the update details and test videos, the new version has seen multiple evolutions, including support for 36Hz video input processing, an advanced new AI4 architecture, the system's ability to understand more complex road conditions, identify closed sections and detour, improve efficiency in handling obstacles, and optimize issues like steering wheel shaking. It is worth mentioning that FSD now supports door-to-door autonomous driving capabilities. brokerage
Top Gap Ups and Downs on Friday: MUFG, UBS, SMFG and More
ubs group: Zhuhai residents will travel to Australia weekly next year, which is a mild bullish factor for gaming stocks, with Sands China being the top choice.
UBS Group released a research report stating that the National Immigration Administration announced that Zhuhai household residents can apply for the 'One Week, One Trip' to Macau starting from January 1st next year; while residents of the Hengqin Guangdong-Macao Deep Cooperation Zone can 'One Permit, Multiple Trips' to Macau. The bank believes that the above actions are moderately bullish for Macau's casino stocks, reflecting the central government's support for Macau, but due to the limited coverage, it is unlikely to bring significant growth to gambling revenue. The bank remains bullish on Macau's gambling industry, with Sands China (01928) as its top pick.
UBS group: Upgrades air china limited and china southern airlines' rating to shareholding, cathay pac air target price raised to 12 Hong Kong dollars.
UBS Group released a research report stating that it has raised the target price for Air China Limited (00753) from HKD 5.1 to HKD 5.9, and for China South Air (01055) from HKD 4.2 to HKD 4.6, with both ratings upgraded from "neutral" to "shareholding." The target price for Cathay Pac Air (00293) has been increased from HKD 10 to HKD 12, with a rating of "shareholding." The bank indicated a more optimistic outlook on the aviation industry in mainland China and Hong Kong driven by several favorable factors. Looking ahead, the slowdown in RBOB gasoline costs is an important bullish factor as it alleviates one of the major expenses for airlines, thereby supporting profit.
