On Monday, Eastern Time, the three major US stock indices showed mixed performances by the close. The Dow Jones Industrial Average fell by 0.13%, the Nasdaq Composite rose by 0.60%, and the S&P 500 increased by 0.39%. Most large-cap technology stocks were up, with Tesla surging over 5%, Intel and Netflix both rising over 2%, Google and Apple both increasing over 1%, while Meta and Microsoft saw minor gains; Nvidia fell over 1%, and Amazon experienced a slight decline.
Trump Media & Technology Group jumped over 16%, and US-listed BKKT surged over 162%. Reports suggest that Trump’s social media company is in advanced talks to acquire Bakkt, a cryptocurrency trading platform owned by the Intercontinental Exchange. For information and market updates, choose Oriental Wealth Securities for a one-stop account opening and trading service.The NASDAQ Golden Dragon China Index closed up 1.71%, with most popular Chinese concept stocks rising. Bilibili increased over 4%, NIO rose nearly 4%, Miniso and XPeng Motors both surged over 2%, and Li Auto rose over 1%. On the downside, iQIYI fell over 2%, and Lufax Holdings declined over 1%.
Global News: Nvidia Faces Negative News – Chips Reported to Have Overheating Issues! This week will also see the release of third-quarter financial reports. It has been reported that Nvidia’s new generation Blackwell AI chips are facing overheating issues, which has led to concerns from major clients such as Google, Microsoft, and Meta, who fear they won’t have enough time to deploy and launch new data centers. Goldman Sachs Urges: Buy Gold! Gold Prices to Reach $3,000 Next Year. Goldman Sachs Group stated in a recent report that, influenced by central bank demand and US interest rate cuts, gold prices will rise to a record level next year. After ‘Chopsticks Pinning a Rocket’, Starship is Set for its Sixth Test Flight – What to Look Forward To? Today, Musk’s SpaceX announced the completion of pre-flight propellant load tests and flight checks for Starship, indicating that the fully reusable rocket is ready for its upcoming sixth flight test. The test mission is scheduled for 4:00 PM local time on November 19th (6:00 AM Beijing time the following day), a day later than originally planned. Will Jobs’ Regret Be Fulfilled? Renowned Leaker: Apple’s Television in the Works, Possibly with Robotic Arms. Television has always been a field that Apple has not conquered and was one of the markets that Apple co-founder Steve Jobs wished to enter. He once told biographer Isaacson that he had solved the challenges of creating an efficient interactive television. Now, according to the latest ‘Power On’ newsletter from renowned Apple leaker Mark Gurman, Apple is considering launching its own brand of television.Tesla’s Full Self-Driving (FSD) technology is set to receive a significant boost as it has been reported that President-elect Donald Trump’s team plans to prioritize the establishment of a federal framework for fully autonomous vehicles. On November 18th, CCTV News, citing Bloomberg, reported that according to insiders, the Trump administration is looking to ease restrictions on fully autonomous driving cars as one of the Transportation Department’s top priorities.
