<h3>Market Overview</h3>
<p>Overnight, the three major U.S. stock indices all fell. The S&amp;P 500 index closed down 11.38 points, a decrease of 0.19%, at 6075.11 points. The Dow Jones Industrial Average, closely related to the economic cycle, closed down 248.33 points, a decrease of 0.55%, at 44765.71 points. The Nasdaq, which is heavily weighted with technology stocks, closed down 34.86 points, a decrease of 0.18%, at 19700.26 points.</p>
<p>The &#34;Tech Seven Sisters&#34; had mixed results. Tesla closed up 3.23% to a two-and-a-half-year high, with Bank of America raising Tesla's target price from $350 to $400, maintaining a buy rating. Bank of America analysts visited Musk's Gigafactory in Austin, Texas, stating confidence in growth prospects for 2025 and beyond. Microsoft closed up 1.19%, Amazon closed up 1.1%, Apple closed up 0.01%, and NVIDIA closed down 0.05%. Meta closed down 0.79%, as the company is collaborating with Goertek to develop headset devices. Google A closed down 0.99%.</p>
<p>Chip stocks generally fell, with Intel and Microchip Technology down over 5%, Micron Technology, NXP, and Arm Holdings down over 2%, and AMD down nearly 2%.</p>
<p>The cryptocurrency market was volatile, with Bitcoin briefly dropping nearly 8%, and cryptocurrency concept stocks fluctuating. The &#34;Bitcoin whale&#34; MicroStrategy, targeted by short-seller Citron, rose nearly 9.6% before closing down 4.83%, becoming a popular arbitrage target on Wall Street. The cryptocurrency &#34;meme stock&#34; Ideanomics closed down 74.07%. The double ETF MSTX closed down 9.6%, MSTU also fell 8.43%, Riot Platforms fell over 4.8%, and MARA Holdings fell over 4.5%.</p>
<p>Most Chinese concept stocks closed up. The Nasdaq Golden Dragon China Index closed up 0.42%. Among ETFs, the FTSE China 3x Long ETF (YINN) closed up 1.12%, the China Technology Index ETF (CQQQ) closed up 0.97%, and the Chinese Internet Index ETF (KWEB) closed up 0.42%.</p>
<p>Eli Lilly closed down 0.51%, as the company invested $3 billion to expand several factories in Wisconsin, USA, to meet the surge in demand for weight loss drugs. Reports indicated that Trump hosted pharmaceutical company CEOs at Mar-a-Lago, with Pfizer closing up 1.86%.</p>
<p>Buffett's beauty company Ultra reported unexpected same-store sales growth, raising the lower end of its full-year sales guidance, with the stock price briefly rising 9% after hours.</p>
<p>Most airline stocks rose, with American Airlines raising its Q4 EPS forecast, closing up 16.8%, and United Airlines up 3.21%.</p>
<p>&#34;Retail investor leader&#34; Roaring Kitty posted a mysterious computer image on social media, causing the retail favorite GameStop to jump 14% at one point.</p>
<h3>France enters caretaker government period, Macron accepts Prime Minister Barnier's resignation</h3>
<p>Calls for Macron to step down are growing both domestically and internationally. Macron stated on Thursday that he would complete the remainder of his presidential term. French polls show that over 60% of respondents support his resignation as president. Media reports indicate that Macron plans to appoint a new prime minister as soon as possible and does not want to be without a cabinet when he meets Trump this Saturday</p>
<h3>Tesla's intraday rise exceeded 4%, reaching a new high since April 2022, as Bank of America raises target price to $400</h3>
<p>Bank of America's well-known analyst John Murphy visited Elon Musk's Gigafactory in Austin, Texas, expressing confidence in growth prospects for 2025 and beyond. Murphy raised Tesla's target price to $400 from $350, maintaining a buy rating, citing that robotics technology will impact Tesla's upcoming autonomous taxi, Cybercab.</p>
<h3>Bitcoin falls back after breaking $100,000, MSTR rises over 9.5% before dropping more than 6%, with next week's announcement on inclusion in Nasdaq 100</h3>
<p>MSTR is expected to be included in the Nasdaq 100 index, thus entering the world's largest ETF QQQ, with a decision to be made on December 13. However, some analysts have pointed out that while MSTR currently meets the inclusion criteria, its Bitcoin acquisition strategy may cause hesitation for the Nasdaq committee regarding its classification as a non-financial company.</p>
<h3>Report: Nvidia's Blackwell plans to complete manufacturing in the U.S.</h3>
<p>Reports indicate that if negotiations between TSMC and Nvidia are successful, it will bring another important customer to TSMC's factory in Arizona, which is set to begin mass production next year. However, although TSMC plans to conduct front-end processing for Blackwell chips in Arizona, these chips will still need to be sent back to Taiwan for packaging.</p>
<h3>Reports say Amazon is persuading cloud customers to move away from Nvidia and switch to its own chips</h3>
<p>Analysts believe that if Amazon can shift customer spending to its self-developed server chips, which are cheaper for cloud customers due to their significantly lower power consumption compared to Nvidia's chips, it will enhance Amazon's profit margins. Additionally, this could prevent Nvidia from capturing more cloud market share by directly renting its chip servers to enterprises.</p>
<h3>OpenAI's first major release is here, the most expensive ChatGPT Pro subscription offers unlimited access to its models</h3>
<p>After more than a month without any updates, OpenAI's 12-day technology sharing event is unprecedented and rare in the tech industry.</p>
<p>First, OpenAI launched a premium GPT subscription package, ChatGPT Pro. Its fee is the highest among OpenAI's current products, offering unlimited access to all models under OpenAI, including the strongest reasoning model o1 and an upgraded version of the o1 series.</p>
<h3>UBS's conclusion after on-site inspection of Pop Mart in Thailand: It's not just about Lisa and Labubu</h3>
<p>UBS believes that Pop Mart's growth cycle may continue for several more years, with overseas expansion becoming its second-largest revenue growth engine. Thanks to the local marketing team, the company continuously attracts fans through innovative activities and exhibitions on social media. In addition to the Labubu character, characters like Molly and Crybaby are also very popular, demonstrating the brand's potential in Southeast Asian countries</p>
<h3>Bank of America Outlook for 2025: The Most Aggressive Policy in a Century Will Fuel a &#34;Tech Bubble,&#34; but &#34;The Higher You Climb, The Harder You Fall&#34;</h3>
<p>Bank of America warns that the U.S. stock market may have reached a critical point of collapse, potentially facing the dual impact of an AI bubble and the repercussions of Trump’s policies next year. AI shares similarities with the internet of the late 1990s, and the bubble's burst is only a matter of time. If Trump fulfills his campaign promises, it may bring a brief prosperity to the U.S. stock market, but it will also stoke the flames of the bubble, leading to a major depression</p>

IDEX

MARA

TSLA

MSTR

MSTX

MSTU

<p>Bitcoin once plummeted nearly 8% to around $90,000, with "Bitcoin whale" MSTR rising nearly 9.6% before closing down 4.83%. The cryptocurrency "meme stock" Ideanomics closed down 74.07%. The double ETF MSTX fell 9.6%, and MSTU also dropped 8.43%. Riot Platforms fell over 4.8%, and MARA Holdings fell over 4.5%</p>

- U.S. stock indices fell overnight, with the S&P 500 down 11.38 points, the Dow Jones down 248.33 points, and the Nasdaq down 34.86 points.  
- Tesla shares rose 3.23% after Bank of America raised its target price to $400, while other tech stocks showed mixed results.  
- The cryptocurrency market experienced volatility, with Bitcoin dropping nearly 8%, and MicroStrategy's stock fluctuating significantly amid speculation about its inclusion in the Nasdaq 100 index.

LB Select

Ideanomics

Mara

Tesla

Strategy

Daily Target 2X Long MSTR ETF

T-REX 2X Long MSTR Daily Target ETF

IDEANOMICS INC

Pfizer

Alphabet

Intel

Apple

Alphabet - C

Amazon

Trump Media & Tech

Microchip Tech

Destiny Tech100

Direxion FTSE China Bull 3X

Trump Media & Tech - CW28

Micron Tech

Riot Platforms

Sunwave

Tongxing

Huaqin

Estee Lauder

Direxion Semicon Bull 3X

OpenAI

United Airlines

Direxion Daily TSLA Bull 2X Shares

IFLYTEK

UBS Group AG

Skychem Technology

Suochen

GraniteShares 2x Long NVDA Daily ETF

VanEck Semiconductor ETF

Direxion FTSE China Bear 3X

SENSETIME-W

Phunware

Taiwan Semiconductor

GameStop

NVIDIA

Microsoft

POP MART

NXP Semiconductors

HON-Flex

Proya

IEIT

Bank of America

Franklin FTSE China

HUIJIE

Breakfast | Bitcoin short-term plunge, cryptocurrency concept stocks surge and then fall back! Tesla rises over 3% to a two-and-a-half-year high