The three major US stock indices all saw a slight decline, with nine consecutive weekly gains. The Nasdaq fell 0.56%, with a cumulative increase of 0.12% this week and a cumulative increase of over 43% for the whole year; The S&P 500 index fell 0.28%, with a cumulative increase of 0.32% this week and a cumulative increase of over 24% for the whole year; The Dow Jones Industrial Average fell 0.05%, with a cumulative increase of 0.81% this week and a cumulative increase of over 13% for the whole year. The Nasdaq 100 index surged 54% in 2023, marking its best performance since 1999.
Nvidia closed flat, with a cumulative increase of nearly 240% throughout the year, marking the largest annual increase since its listing; Microsoft rose slightly, with a cumulative increase of over 58% throughout the year, marking the largest annual increase since its listing; Meta fell more than 1%, with a cumulative increase of over 194% throughout the year, marking the largest annual increase since its listing. AMD fell nearly 1%, with a cumulative increase of over 127% throughout the year; Tesla fell more than 1%, with a cumulative increase of nearly 102% throughout the year; Intel experienced a slight decline, with a cumulative increase of nearly 95% throughout the year; Netflix experienced a slight decline, with a cumulative increase of over 65% throughout the year; Google experienced a slight decline, with a cumulative increase of about 58% throughout the year; Apple experienced a slight decline, with a cumulative increase of 49% throughout the year.
Popular Chinese concept stocks generally rose, with the Nasdaq China Golden Dragon Index rising 1.22% and a cumulative decline of 3.39% for the year, marking the third consecutive year of decline. NetEase rose more than 4%, Tencent Music rose more than 3%, Bilibili and Xiaopeng Motors rose more than 2%, iQiyi, Ideal Automobile, Man Bang, JD, Vipshop, Baidu rose more than 1%, while Futu Holdings, Pinduoduo, Weibo, and Alibaba rose slightly. NIO fell more than 3%.
Global News
2023 Wall Street's "most accurate prophet": The S&P 500 is expected to rise to 5200 points next year, preferring small cap stocks more!
A year ago at this time, Tom Lee, co-founder and research director of Fundstrat Global Advisors, a US investment firm, predicted that the S&P 500 index would soar by more than 20% to 4750 points in 2023, and many investors were skeptical at the time.
The Cold Side of the Global Market: Mergers and Acquisitions Record a New Low in 10 Years, IPO Scale Record a New Low in 14 Years
2023 is still not a favorable year for enterprises. According to data from the London Stock Exchange, a total of 53529 M&A transactions were announced in the global market this year, with a total transaction volume of 2.9 trillion US dollars. In terms of transaction volume, the volume of the M&A market has decreased by 17% year-on-year this year. The IPO situation is even worse, with a total issuance of $109.8 billion, a 25% year-on-year decrease, reaching a 14 year low. Previously highly anticipated semiconductor software design company Arm also failed to warm up the cold market.
Unforgettable 2023! Year-end inventory: What are the winners and losers in the European market this year?
The frenzy surrounding weight loss pills and artificial intelligence, as well as the strong market rally at the end of the year, make 2023 an unforgettable year for European stock markets. However, for investors in renewable energy and some luxury brands, this may also be a year they are reluctant to recall.
The Silver Hair Tsunami will sweep across the United States! Wall Street analyst: A significant increase in supply will lead to a decline in housing prices
Meredith Whitney, known for predicting the 2008 housing market crash, said that as the baby boomer generation shifts towards smaller homes, they will release inventory and bring a wave of supply to the market; More housing supply in the market will help lower housing prices.
Argentina will hold a nationwide strike! The largest union calls on workers to protest against the new president's shock therapy
Argentine President Mile submitted a comprehensive reform plan to Congress on Wednesday, attempting to promote his economic shock therapy throughout Argentina. This reform plan, spanning hundreds of pages, not only caused a great shock in Congress, but also had a huge impact on the public. One of Argentina's most influential unions, the General Federation of Labor (CGT), announced on Thursday that it plans to hold a major strike on January 24th next year to protest Mile's series of measures.
Company News
Can Apple Watch sell again? US Court Suspends Prohibition Order
According to reports, on December 27th local time, a court in Washington, USA suspended the decision of the International Trade Commission (ITC) to ban some sales of Apple's smartwatches. Therefore, Apple's latest smartwatches, the Apple Watch Series 9 and Apple Watch Ultra 2, have resumed sales.
Tesla satirizes ideals? Saying that when buying a car, one cannot choose a refrigerator, a color TV, a large sofa, or a PPT for safety. Ideal response: No matter which "three electric" L-series it is, it is very strong
On December 29th, Tesla's official account "TESLA Tesla" posted a short video on the short video platform titled "What are you looking for when buying an electric car? Please speak up your answer!", which showed a total of four segments, with some information seemingly implying an ideal car.
Faraday Future: Received notification from NASDAQ regarding delisting or non-compliance with continuing listing rules or standards
On December 29th, it was reported that Faraday Future received a notice from NASDAQ on December 28th regarding delisting or non-compliance with the rules or standards for continued listing.
Musk is rumored to visit India next month and may announce the establishment of Tesla India
According to Tesla's report on Thursday (December 28), it is expected that Tesla CEO Elon Musk will visit India in January 2024 and announce the launch of Tesla India at the Gujarat Summit in Gandhi Nagar. Tesla is a media company that specializes in tracking Tesla news.
Hot search first! Alibaba was sentenced to compensate JD 1 billion! The response is coming
JD v. Alibaba's "two choice one" case, the first instance result is announced! On December 29th, the entry # Alibaba was sentenced to compensate JD 1 billion # topped the Weibo hot search list, and its popularity continues to rise.