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Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
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[Winners Announcement:16 Dec]
1.Here are the 5 Tigers whose post has the best quality & interaction yesterday: @Mickey082024@JC888 @nerdbull1669 @MaverickWealthBuilder @Fenger1188
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US Stock Valuation & Estimates in 2025
AVGO X'mas Rally - Going Strong or Tapering ?
Micron (MU) Earnings Could Be Driven By Increased DRAM Demand
2.Here are the stocks mentioned by the above Tigers: $Meta Platforms, Inc.(META)$ $NVIDIA(NVDA)$ $Tesla Motors(TSLA)$ $Broadcom(AVGO)$ $Micron Technology(MU)$ $Mapletree Ind Tr(ME8U.SI)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins: @Mrzorro @่ผช่ญ่ดๅฎถ @Shyon @ๅๆ็ฏ @Benny_tastymoney @Barcode @MicroStrategist
Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average fell 110.58 points, or 0.25%, to 43,717.48, the S&P 500 gained 22.99 points, or 0.38%, to 6,074.08 and the Nasdaq Composite gained 247.17 points, or 1.24%, to 20,173.89.
$Broadcom(AVGO)$ was up 11% to $250, which is another record closing high after the semiconductor and software company rose 24% on Friday and finished with a market cap greater than $1 trillion for the first time. The 24% jump was the stock's largest one-day gain on record, according to Dow Jones Market Data. Broadcom said artificial-intelligence revenue soared 220% in its fiscal year and CEO Hock Tan saying the company's AI market opportunity for accelerators and networking in fiscal 2027 would range from $60 billion to $90 billion.
$Tesla Motors(TSLA)$ gained 6.1% to $463.02. The electric-vehicle company rose 4.3% on Friday after Reuters reported President-elect Donald Trump probably would end a program requiring auto makers to report accidents that occur while vehicles are using advanced-driver-assistance systems. On Sunday, Wedbush analyst Dan Ives raised his price target on the stock to a Wall Street-high of $515 a share, up from $400, saying the "autonomous future is coming sooner." He expects Trump to fast track initiatives that makes launching self-driving cars easier.
$Micron Technology(MU)$ jumped 5.6%. Earnings from the largest maker of memory chips in the U.S. are scheduled for Wednesday. Ahead of the report, Citi said Wall Street should expect profit to fall short of consensus, and revenue that could match projections. However, Citi said an earnings miss offers an opportunity to buy the stock.
Bitcoin rises to new record above $107,000 ahead of this weekโs Fed decision
Bitcoin rallied to a new all-time high on Monday as investors awaited an expected interest rate cut by the Federal Reserve later this week.
The price of the flagship cryptocurrency was last higher by nearly 3% at $106,126.74, according to Coin Metrics. Earlier it rose as high as $107,229.38, a new record. Ether rose 3% to break through the key $4,000 level. The broader crypto market, as measured by the CoinDesk 20 index, traded more than 1% higher.
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All right, here is all the market information we would like to share with you๏ผ
What news/movements are worth noting in the market today? Any stocks to watch?
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Comments
$Mithril Silver and Gold Ltd(MTH.AU)$ A gold, silver and minerals eploration mining company
$BRAINCHIP HOLDINGS LTD(BRN.AU)$ An ai powered chip that can identify objects and has great potential in, consumer, industrial, defense and medical/pharmaceutical industries.
Let's see if I can read the ASX markets as well as I do with the NASDAQ..๐