Hot news
On Friday, pre-market trading saw all three major index futures rise.
Star technology stocks rise and fall before trading.
Bitcoin briefly returned to $97,000 on Friday, and crypto concept stocks collectively rose in pre-market trading.
Tesla's siasun robot&automation milestone: 22 degrees of freedom agile hand has arrived
November 28. $Tesla (TSLA.US)$ The official account of the Siasun Robot & Automation published new updates: a new hand has been prepared to welcome Black Friday. In the video, Optimus catches a tennis ball thrown towards it and puts it down, with fingers that can bend quite flexibly. The dexterous hand is the most remarkable feature of Tesla's second-generation Optimus. Tesla Optimus engineer Milan Kovac referred to the latest showcased dexterous hand as a "milestone achievement." According to him, the new hand/forearm offers double the degrees of freedom compared to the previous generation (with 22 degrees of freedom in the hand and 3 degrees in the wrist/forearm). Kovac stated that the video was completed in real-time through remote control in the laboratory, and Tesla will soon manufacture robots equipped with the new dexterous hand.
Google is facing another lawsuit! The Canadian Competition Bureau has taken action, accusing its online advertisements of anti-competitive practices.
The Canadian antitrust regulator, the Competition Bureau, announced on Thursday (November 28) that it is suing, $Alphabet-C (GOOG.US)$ for allegedly engaging in anti-competitive behavior in its online advertising business. Furthermore, the Bureau is requiring Google to sell off two of its advertising technology services, pay fines, and be prohibited from continuing anti-competitive practices. A statement from the Bureau said the investigation found that, as Canada's largest online advertising technology provider, Google abused its dominant market position by unlawfully bundling its advertising technology tools together through the implementation of anti-competitive behaviors, blocking rivals from competing, stifling innovation, raising advertising costs, and reducing revenues for publishers.
The U.S. Federal Trade Commission is conducting an antitrust investigation into Microsoft, focusing on its cloud computing business and AI products.
This investigation into potential anti-competitive behavior is also examining $Microsoft (MSFT.US)$ Microsoft's software licensing business and its cybersecurity products. According to reports, government agencies have requested Microsoft to provide information related to its business practices. This investigation has been approved by the current FTC chair, Lina Khan. This is not the first time Microsoft has been targeted for antitrust cases. The company was at the center of antitrust scrutiny in the late 1990s due to its Windows operating system. This time, the FTC is investigating Microsoft following a series of cybersecurity incidents involving the company's products. Microsoft is a top government contractor, providing software and cloud services to many U.S. agencies, including the Department of Defense. As of the time of publication, Microsoft was down 0.4% in pre-market trading.
A heavy blow! More than 20 amazon workers from around the world will strike during the 'Black Friday' shopping festival.
周四，罢工组织者表示，包括美国在内的20多个国家的 $Amazon (AMZN.US)$ 员工计划在“黑色星期五”和“网络星期一”期间进行罢工，以让亚马逊付出代价，罢工日期为11月29日黑五当天至12月2日网络星期一。罢工者联合全球工会和进步国际组织称，罢工旨在要求亚马逊对侵犯劳工权利、环境恶化和威胁民主负责。该工会秘书长Christy Hoffman强调，“让亚马逊付钱（Make Amazon Pay）”行动是工人们团结的有力证明，任何公司都不能压制工人要求正义的事业。
苹果与皇马洽谈“沉浸式Vision Pro直播” ，试图拯救内容匮乏的VR产业
从 $Apple (AAPL.US)$ 2023年发布空间计算设备Vision Pro后，全球消费者对这个售价0.03 million元的设备有着高度一致的评价：料堆得很足、沉浸式体验也很好，但没啥好玩的东西，把玩几周后就“吃灰”了。这个状况苹果也心知肚明，所以眼下正在进行更多的“破圈”尝试——根据最新报道，科技巨头正在与足坛巨头皇家马德里洽谈合作，通过对体育场进行一些改造，从而推出Vision Pro“现场看球”的业务。非常凑巧的是，皇马的伯纳乌球场正在进行翻新工程，这也使得两家巨头拥有了合作的基础。
Reports suggest that the usa may relax chip restrictions, leading to a rise in stocks of chip equipment companies such as asml holding.
According to informed sources, the usa's restrictions on the chinese semiconductor industry may not be as severe as expected. Sources state that China's major memory chip manufacturer, changxin storage, will not be included in the usa's trade restriction list, and added that the timing and content of the decision remain uncertain. The usa's department of commerce, responsible for overseeing restrictions on exports to china, is expected to issue new guidance after the thanksgiving holiday. $ASML Holding (ASML.US)$ Pre-market trading in the usa is up 1.15%, with other affected top chip equipment suppliers including.$Applied Materials (AMAT.US)$ 、 $KLA Corp (KLAC.US)$ 、 $Lam Research (LRCX.US)$ And tokyo electron ltd.
The small cap stock UMAC in the USA for drones rose 32% in pre-market trading after appointing Donald Trump's son as an advisor.
Drone component manufacturer. $Unusual Machines (UMAC.US)$ Rose 32% in pre-market trading. In terms of news, after announcing that Donald Trump’s eldest son joined the company's advisory board, the stock surged 84% on Wednesday. When asked if the relationship with young Trump would help secure certain government approvals, CEO Allen Evans stated, "I would never ask him to do anything or facilitate such matters." Earlier reports indicated that young Trump, who joined the venture capital firm 1789 capital as a partner earlier this month, will avoid investments in companies involved with government business.
The Chinese concept stock sos ltd rose 25% in pre-market trading in the USA, as the company announced the purchase of bitcoin worth up to 50 million dollars.
November 27, $SOS Ltd (SOS.US)$ The board of directors has approved a plan to invest $50 million to purchase bitcoin. SOS believes this move highlights the company's commitment to advancing its blockchain industry and reinforces its long-term belief in bitcoin as a store of value and strategic asset, which will further enhance the company's overall competitiveness and profitability in the digital asset investment sector. As of the time of publishing, SOS is up 25% in pre-market trading.
Southeast Asia's "little Tencent" has gained collective favor from Wall Street, with its market cap having nearly doubled this year.
The Singapore technology giant company, known as the 'little Tencent' of Southeast Asia. $Sea (SE.US)$ Since announcing strong earnings reports earlier this month, at least seven Wall Street investment banks, including morgan stanley and deutsche bank, have raised their target price for Sea ADR. Year-to-date, the stock price of Sea ADR has surged nearly 200%, and the company's market cap has skyrocketed about $43 billion within a year, surpassing $60 billion. The market generally expects Sea ADR to rise at least another 7% in the next 12 months.
Super hi is up 17% in pre-market trading, turning a loss into profit in the third quarter.
$Super Hi International Holding (HDL.US)$ Pre-market trading rose by 17%. Recently, the company released its unaudited financial results for the third quarter of 2024, with revenue of 0.199 billion USD, an increase of 14.6% year-on-year; the profit attributable to the company's owners was 37.724 million USD, compared to a loss of 1.39 million USD in the same period last year, achieving a turnaround. The overall average turnover rate during the period was 3.8 times per day, compared to 3.7 times per day in the same period of 2023. Total foot traffic exceeded 7.4 million, a year-on-year increase of 4.2% compared to 7.1 million in the same period of 2023. Same-store sales growth rate was 5.6%.
Miniso fell 1.57% in pre-market trading, with Q3 revenue up 19.3% year-on-year and the number of stores exceeding 7,400.
$MINISO (MNSO.US)$ In the first three quarters, revenue was 12.28 billion yuan, an increase of 22.8% year-on-year; adjusted net income rose by 13.7% year-on-year to 1.928 billion yuan. In the third quarter, revenue increased by 19.3% year-on-year to 4.52 billion yuan, with a gross margin of 44.9%, an increase of 3.1 percentage points compared to the same period last year, setting a new historical high. In addition, the group's global number of stores has reached 7,420, with a net increase of 859 so far this year, of which the net increase numbers for MINISO overseas and TOPTOY in the first three quarters both exceeded last year's total. As of the time of writing, Miniso fell 1.57% in pre-market trading.
Bilibili rose nearly 2% in pre-market trading, with news that Taobao's official live streaming sales have expanded to Bilibili.
According to media reports, the official live streaming sales channel of Taobao under Alibaba has expanded to $Bilibili (BILI.US)$ , the group’s Zhejiang Taote software recently set up a certified account named "Taobao Flash Sale" on Bilibili for live streaming sales. Reports indicate that the goods sold through Taobao's flash sale come not only from Taotian Group's daily special sales factory but also from brands like Chow Tai Seng Jewellery and Chayan Yuesheng, among others. As of the time of writing, Bilibili rose 2% in pre-market trading.
Global macro
Trump's trade is under scrutiny, and the dollar is likely to experience its worst weekly performance since August.
The dollar is heading for its biggest weekly decline in three months, with investors beginning to question the so-called "Trump trade" that has driven the dollar's strength since the US elections. Singapore's stonex Financial.Forex tradingAnalyst Mingze Wu stated, "The market is still trying to find the dollar's trend." "We expect the dollar to experience sideways movement before Trump is sworn in next January, and once he announces his policies, the dollar's trend will become clearer." Posts made by Trump on social media have started to disrupt financial markets, raising concerns that his policies could ultimately harm the world's largest economy, causing the dollar's eight-week rally to stagnate.
Wall Street macro traders are about to face their worst year since the pandemic.
As a result of tightening margins and challenges in the macroeconomic background, the forex and interest rate trading income of global banks is expected to hit the lowest level since the pandemic. Data from Coalition Greenwich indicates that over 250 firms, including goldman sachs, jpmorgan, citigroup, and morgan stanley, are expected to generate $32 billion in revenue from interest rate trading in the G10 group and $16.7 billion from currency trading, representing declines of 17% and 9% compared to last year, respectively. Due to unexpected economic data hitting bets on major central banks cutting interest rates, investor confidence in making significant macro predictions has decreased this year.
The expectation of a rate cut by the Federal Reserve in December has driven gold prices higher.
Recently released data on personal consumption expenditures in the USA met expectations, and the market is bullish on the prospect of a Fed rate cut in December, leading to a slight increase in gold prices during early Asian trading. Analysts at ANZ Bank noted in a research report that during the US Thanksgiving holiday, overall market performance was lackluster, with the csi commodity equity index currently estimating a 70% probability of a 25-basis-point rate cut in December, up from 56% a week ago. Meanwhile, analysts indicated that geopolitical tensions in Europe have been elevated following Russia's missile attacks on Ukraine, which also boosted demand for.Its price has soared to a historic high, closely related to market expectations of interest rate cuts by the Federal Reserve.demand.
Hot money is pouring in! The bitcoin ETF in the USA is expected to set a monthly record for fund inflow.
Due to Trump's support for cryptos, bitcoin, the digital currency, has historically reached $99,588 each, with 12 US spot bitcoin ETFs set to experience record monthly net inflows. Data compiled by Bloomberg showed that as of November, ETFs issued by firms such as Blackrock and Fidelity Investments have attracted $6.2 billion in funds. The previous peak inflow of $6 billion was set in February of this year when investors were excited about the products launched at the beginning of the year.
The yen continued to rebound, breaking through the important level of 150, and inflation rebounded, strengthening expectations of a rate hike in japan.
A report released earlier that day by the Japanese government indicated that core consumer inflation in the Tokyo metropolitan area, excluding fresh food, accelerated for the first time in three months in November. The index rose 2.2% year-on-year, up from a rise of 1.8% in October. This reading also slightly exceeded many economists' expectations, with price trends in Tokyo seen as a leading indicator of the national trend, suggesting that inflation is developing according to the Bank of Japan's expectations. Additionally, Bank of Japan Governor Kazuo Ueda has previously stated multiple times that if the economy and prices develop as envisioned by the Bank of Japan, the current very low policy interest rate will be increased.
Bilibili rose more than 3% pre-market trading and was upgraded to "buy" by UBS, which raised its EPS estimate per share.
Editor/Rocky
