Top pre-market news for US stocks: Trump says no need to reach a deal with Iran; Nvidia's board is preparing to oust Jensen Huang; AMD invests in quantum computing firm PsiQuantum.
18 minutes ago
Key pre-market news for U.S. stocks today is as follows: 1. Trump says no deal with Iran is needed, noting the era of such agreements is long gone. 2. Multiple investment banks have adjusted NVIDIA’s price targets and ratings: JPMorgan Chase cut NVIDIA’s price target from $320 to $215; Evercore ISI downgraded NVIDIA from "Outperform" to "Market Perform", slashing its price target from $465 to $186. Meanwhile, BofA Global Research lowered NVIDIA’s price target from $350 to $280. 3. Per The Wall Street Journal: Sources familiar with the matter state that NVIDIA’s board is preparing to oust Jensen Huang. 4. Elon Musk: SpaceX is expected to achieve practical computing power equivalent to roughly half of the global total next year. 5. Head of Tesla’s German Gigafactory: Battery cell production will kick off at Grünheide, on the outskirts of Berlin, by mid-next year. 6. Amazon: AWS’s South America region is now open to select customers, with full launch expected by the end of 2026. 7. Head of Microsoft’s Cloud Operations and Innovation division said the company will cover power costs from data center expansion on its own, and will not pass these costs to other power consumers. 8. AMD will make an equity investment in U.S. quantum computing firm PsiQuantum. 9. Google is integrating its Gemini voice assistant into Apple CarPlay, expanding into the in-vehicle AI sector. 10. Strive raised SATA’s dividend yield to 13.25%, and holds approximately 43,153 BTC.
U.S. initial jobless claims for the week came in higher than expected, hitting 200,000.
7 minutes ago
Jensen Huang's future at Nvidia remains uncertain, while the cost of Nvidia's credit default insurance has climbed.
7 minutes ago
Li Yihua: Binance's black swan event and the Democratic Party's landslide victory exacerbate market risks, advising traders to stay away from leverage and wait for a right-side opportunity.
7 minutes ago
Spot gold’s intraday decline has widened to 2%, and it is now trading at $3,907.96 per ounce.
7 minutes ago
Ethereum falls below $2,000
7 minutes ago
Trump says he does not need a deal with Iran, US and Brent crude oil prices rally nearly 2 dollars in the short term.
7 minutes ago
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