Daily US Stock Market News Express (Monday, December 12) Ind...
Daily US Stock Market News Express (Monday, December 12)
Individual stock news
1. On Monday, the US Department of Energy finalized a $2.5 billion low-cost loan to Ultium Cells, a joint venture between General Motors (GM.N) and LG New Energy, to fund the construction of a new lithium-ion battery manufacturing plant.
2. Last week, it was reported that Tesla's Shanghai plant will suspend production of Model Y electric vehicles from December 25 to January 1 next year. Tesla's internal staff responded: Untrue.
3. Microsoft (MSFT.O) acquired approximately 4% of the London Stock Exchange Group (LSEG) shares and began a 10-year strategic partnership with it on next-generation data and analytics and cloud infrastructure solutions.
4. Industry insiders expect TSM.N's overall capacity utilization rate of 45nm to 3nm to drop to about 75% in the first half of 2023, and the market estimates that TSMC's revenue for the first quarter of 2023 may drop 10-15% month-on-month.
5. According to the news, the Apple (AAPL.O) iPhone 15 Ultra entry-capacity model may be as high as 1,299 US dollars, which is 200 US dollars higher than the iPhone 14 Pro Max, which means that the domestic sales price of this model may exceed 10,000 yuan.
6. Faraday Future (FFIE.O) will host the FF Business Renewal Global Investors Conference on December 15, US Western Time, to update the FF 91 Futurist vehicle delivery plan.
7. Rivian (RIVN.O) announced the suspension of plans to establish a joint venture with Mercedes-Benz to manufacture electric vans in Europe, which will focus on consumers and existing commercial businesses.
8. AMGN.O (AMGN.O) has reportedly agreed to buy European pharmaceutical company Horizon Therapeutics (HZNP.O) at a price of $116.5 per share (about 20% premium).
9. According to reports, Toyota Motor Corporation (TM.N) will adjust its electric vehicle strategy for the next three years and may abandon the existing e-TNGA architecture and switch to a dedicated electric vehicle platform.
10. Alibaba International, a cross-border e-commerce platform owned by Alibaba (BABA.N), has launched a special operation and plans to launch at least 100 digital overseas exhibitions in the near future.
Individual stock news
1. On Monday, the US Department of Energy finalized a $2.5 billion low-cost loan to Ultium Cells, a joint venture between General Motors (GM.N) and LG New Energy, to fund the construction of a new lithium-ion battery manufacturing plant.
2. Last week, it was reported that Tesla's Shanghai plant will suspend production of Model Y electric vehicles from December 25 to January 1 next year. Tesla's internal staff responded: Untrue.
3. Microsoft (MSFT.O) acquired approximately 4% of the London Stock Exchange Group (LSEG) shares and began a 10-year strategic partnership with it on next-generation data and analytics and cloud infrastructure solutions.
4. Industry insiders expect TSM.N's overall capacity utilization rate of 45nm to 3nm to drop to about 75% in the first half of 2023, and the market estimates that TSMC's revenue for the first quarter of 2023 may drop 10-15% month-on-month.
5. According to the news, the Apple (AAPL.O) iPhone 15 Ultra entry-capacity model may be as high as 1,299 US dollars, which is 200 US dollars higher than the iPhone 14 Pro Max, which means that the domestic sales price of this model may exceed 10,000 yuan.
6. Faraday Future (FFIE.O) will host the FF Business Renewal Global Investors Conference on December 15, US Western Time, to update the FF 91 Futurist vehicle delivery plan.
7. Rivian (RIVN.O) announced the suspension of plans to establish a joint venture with Mercedes-Benz to manufacture electric vans in Europe, which will focus on consumers and existing commercial businesses.
8. AMGN.O (AMGN.O) has reportedly agreed to buy European pharmaceutical company Horizon Therapeutics (HZNP.O) at a price of $116.5 per share (about 20% premium).
9. According to reports, Toyota Motor Corporation (TM.N) will adjust its electric vehicle strategy for the next three years and may abandon the existing e-TNGA architecture and switch to a dedicated electric vehicle platform.
10. Alibaba International, a cross-border e-commerce platform owned by Alibaba (BABA.N), has launched a special operation and plans to launch at least 100 digital overseas exhibitions in the near future.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
