U.S. stocks in the early market | The three major indices fell but small-cap stocks soared! Quantum Computing concept stock SEALSQ Corp skyrocketed by 30% and was temporarily suspended due to a trading halt; the Drone concept was crazy, with SES AI Corp s
Rumble rose another 20%, having accumulated a rise of over 100% in three trading days; Apple’s stock price reached a high of $260.09 during the day before pulling back, and Wedbush raised Apple’s Target Price to $325.
The number of initial unemployment claims in the USA has dropped to the lowest level in a month, indicating that the labor market continues to show resilience.
Due to the low number of layoffs, the number of initial unemployment claims saw a slight decline; however, as of the week ending December 14, the number of continuing unemployment claims rose to the highest level in over three years.
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Waymo is leading the market in the USA! Can Tesla and Amazon catch up?
① In 2024, Waymo will become the most dazzling Self-Driving Cars taxi company in the USA, operating the only commercial Self-Driving Cars taxi service, Waymo One, which has completed 4 million paid services within the year; ② Companies like Tesla and Amazon are heavily investing in Self-Driving Cars technology, with Tesla expected to fulfill its Self-Driving Cars technology promises as early as next year.
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Additional upward momentum? MicroStrategy plans to sell more shares to raise funds to purchase Bitcoin.
MicroStrategy is seeking shareholder approval to increase the authorized share count, increasing Class A shares from the current 0.33 billion to 10.33 billion shares. The company stated in the documents that the pace of Bitcoin acquisitions "is much faster than initially expected."
Famous investor Zuroff: 2025 will be 'the hell for investors, the paradise for traders.'
Well-known investor Felix Zulov believes that the US stock market will peak next year, followed by a significant correction and then a new high. Ultimately, the stock market will reach a critical crossroads, leading to a bear market.
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Wells Fargo & Co warns: the astonishing rise of the stock market this year may bring "aftereffects" due to TA.
According to FX168 Financial News (North America), 2024 will be a very good year for the stock market.