$NVIDIA Corp(NVDA)$ Apple's throne as the most valuable company in the world was taken by Nvidia last Friday (25/10). This was driven by the surge in Nvidia shares which continued to break records due to high demand for super advanced artificial intelligence (AI) chips. Nvidia's market value touched $3.53 trillion, slightly above Apple's $3.52 trillion, based on data from LSEG. Nvidia closed the trading day up 0.8%, reaching a market value of $3.47 trillion, while Apple shares also rose 0.4% with an enterprise value of $3.52 trillion. However, based on the Companies Market Cap list until this news was released, Monday (28/10/2024), Apple has re-established its position as the most valuable company in the world
The United States (US) central bank, The Federal Reserve (The Fed), again cut its benchmark interest rate by 25 basis points (bps) to 4.50-4.75% on Thursday US time or early Friday morning Indonesian time. This 25 bps cut is the second time the Fed has carried out this in two consecutive Federal Open Market Committee (FOMC) meetings. Previously, the Fed cut interest rates by 50 bps last September. Thus, the Fed's interest rate has been cut by 75 bps. As is known, the Fed raised interest rates by 525 bps from March 2022 to July 2023. They then held interest rates at the level of 5.25-5.50% in September 2023-August 2024 or more than a year In its statement, the Fed explained that it cut interest rates because it believed US inflation was moving towards its target range of 2%. "The unemployme
Bitcoin will experience an increase in Q1 2025. Bitcoin's upward trend will continue after the inauguration of the new president of the United States next year. According to a report from Copper.co, a digital asset custodian company, Bitcoin's upward trend is likely to continue into next year. Referring to CoinMarketCap on Saturday (9/11/2024) at 10:37 WIB, the crypto market rose collectively. Bitcoin was at US$76,299.89 and weekly was in the positive zone of 9.59%. Ethereum appreciated 18.38% in the last week to US$2,968.79. "We have back-tested the ETF's accumulation trend against potential price ranges. Bitcoin hitting US$100,000 is very likely when the 47th US President is inaugurated on January 20, with the ETF holding around 1.1 million Bitcoin."
$Tesla Motors(TSLA)$ I once thought on October 25 that Tesla shares would experience a synesthetic increase. This is because the world is experiencing a change towards green energy and Tesla is one of the largest electric car developers in the world, especially in the United States. The current decline in Tesla shares could be one of our moments to add to the stock.
The culture of lottery in Singapore is indeed interesting, but this comes back to ourselves. I prefer buying shares because it gives me control and offers consistent growth. Even though calling has almost as much risk, it's about understanding the market. This is very different from the lottery which only relies on luck.
$Tesla Motors(TSLA)$ I am very optimistic about the progress of Tesla shares because Tesla's profits at the close of Wednesday were very convincing. This has enormous potential for the progress of Tesla shares themselves. In fact, technological developments are bringing us towards the era of electric cars. Where Tesla is the largest electric car maker in the United States. This will encourage Tesla's profit growth in the future