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📈 All the latest updates on the Stock Market: signals, news, and everything that might move the narrative — all in one place. 😉 We keep an eye on the price; you can just watch us do it. Buy Ads: @JamesCookTg
Bill Ackman describes the upcoming Trump administration as “the most pro-growth, pro-business, pro-American” he has witnessed in his adult life.
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JUST IN: 🇺🇸 President-elect Trump on crypto and AI
"We're going to do something great with crypto because we don't want China or anybody else, not just China but others are embracing it, and we want to be the head.
We're going to be ahead of AI, we're going to be way ahead of AI, and we've got to produce tremendous amounts of electricity."
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🇺🇸 President-elect Trump rings New York Stock Exchange opening bell after being named TIME's 'Person of the Year.'
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📈Tesla $TSLA reaches new all-time high of $420.
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⚠️Elon Musk becomes first person to surpass $400 billion net worth.
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JUST IN: 🇺🇸 President-elect Trump says anyone investing over $1 billion in the US will receive expedited approvals and permits.
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Oracle Is Maintained at Outperform by Mizuho
Oracle Price Target Raised to $210.00/Share From $185.00 by Mizuho
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LCID: Lucid Stock Gains 10% as Investors Ease Concerns Over Trump’s EV Tax Credits
Read the full story here.
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MSTR: MicroStrategy Jams $2.1 Billion Into More Bitcoin But the Stock Falls 6%
Read the full story here.
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🖥 OpenAI's Ai Video Generator 'sora' Released For The Public
Sam Altman:
this is early--think of it like GPT-1 for video
JUST IN: MicroStrategy buys another 21,550 Bitcoin worth $2.1 billion.
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📈Bitcoin Hits $100K Milestone, Wall Street Eyes $200K
Wall Street analysts predict a doubling of its value, with targets of $200,000 by late 2025, fueled by hopes of crypto-friendly policies under Trump’s administration.
"We expect Bitcoin to emerge as the new-age premier ‘store of value’ asset, replacing gold," says Gautam Chhugani of Bernstein.
As Bitcoin rises, Fundstrat's Sean Farrell predicts it could break $120,000 soon, calling 2024 a year of "structural tailwinds."
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JUST IN: Amazon shareholders call on its Board to consider investing in Bitcoin.
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❗️Apple sued for failing to curtail child sexual abuse material on iCloud- NYT
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JUST IN: 🇺🇸 US Treasury compares Bitcoin to digital gold.
The "primary use case for Bitcoin seems to be a store of value aka digital gold."
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JUST IN: 🇺🇸 US President-elect Trump trolls Jim Cramer.
Cramer: Should people buy more stocks?
Trump: "I don't want to get into a situation where they do and we have a dip or something because that can always happen. You know that better than anybody in the world."
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🇺🇸 Jim Cramer interviews President-elect Trump at the New York Stock Exchange opening.
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Meta CEO Mark Zuckerberg donates $1,000,000 to President-elect Trump's inaugural fund.
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📱 Meta services down worldwide, affecting Facebook, Instagram, and WhatsApp.
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⚠️Fed Rate Cut Likely as Inflation Holds Steady
November's 2.7% CPI rise matched forecasts, with core inflation steady at 3.3%. While shelter costs eased slightly, food and used car prices climbed. Markets now see a 97% chance of a December rate cut.
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Amazon Is Maintained at Outperform by Mizuho
Amazon Price Target Raised to $260.00/Share From $240.00 by Mizuho
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Taiwan Semiconductor Reports November Net Revenue of $8.49 Billion
Taiwan Semiconductor Manufacturing said Tuesday that its net revenue rose to NT$276.06 billion ($8.49 billion) in November, from NT$206.03 billion in the same month last year.
Compared to October, net revenue in November was down by 12.2%, the company said.
Revenue for the January-November period was NT$2.616 trillion, an increase of 31.8% compared to the same period in 2023, the company said.
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NVDA: Nvidia Stock Tumbles 2.5% After China Launches Antitrust Investigation
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JUST IN: $122,000,000 liquidated from the cryptocurrency market in the past 60 minutes.
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📈Tesla Rises Above $400 Per Share For First Time Since Jan. 2022
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⚠️Trump: Tariffs & Immigration
Trump admits tariffs could raise prices and vows swift action on immigration, including border security and deportations.
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⚠️Trump says he will not try to replace Fed's Powell
"No, I don't think so. I don't see it," Trump said when asked if he would seek to remove Powell, whose term ends in 2026.
Traders are expecting the Fed to cut interest rates at its upcoming Dec. 17-18 policy meeting, after recent data showed the U.S. labor market was continuing to cool.
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📊Why is Disney Plowing Cash Into a Cruise Line Expansion?
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📱 Meta's Stock Gains Amid TikTok Troubles
An Appeals Court upheld a law that might force ByteDance to sell TikTok or face a US ban.
If the ban proceeds, TikTok's users and creators could shift to Instagram Reels, boosting Meta's revenue.
Meta’s stock jumped 2% on the news, with potential gains for YouTube Shorts as well.
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