Nvidia $NVDA is the only Magnificent 7 name to close today Green
⏺🔴🔴🔴🔴🔴🔴
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Saudi Arabia announces $500,000,000 economic support package for Yemen.
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Here are the largest companies in the world ranked by revenue
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Performance in 2024:
Apple: 34.4%
Nvidia: 183.1%
Microsoft: 16.8%
Alphabet: 40.3%
Amazon: 50.1%
Meta: 70.1%
Tesla: 83.4%
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US Congressman Ro Khanna calls to ban Congress from trading stocks.
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India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year.
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Diamonds may be a girl's best friend but they're your portfolio's worst nightmare. Prices have fallen to their lowest level this century!
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BRICS plans $19,000,000,000 boost in oil production in 2025.
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Russia uses Bitcoin in foreign trade, finance minister says.
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Warren Buffett's Berkshire Hathaway has lost $2 Billion on its Occidental Petroleum $OXY position
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The IRS is sending up to $1,400 to 1 million tax filers who qualified for pandemic stimulus checks in 2021, but didn’t claim them, per CNBC.
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There is a 40% chance that the Federal Reserve will pivot back to raising rates next year, warns Apollo Global Management
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Indian women now own 11% of the world's gold supply, which is more than the next top 5 country's gold reserves:
🇮🇳 Indian women: 24,000 tonnes
🇺🇸 USA: 8,133 tonnes
🇩🇪 Germany: 3,362 tonnes
🇮🇹 Italy: 2,451 tonnes
🇫🇷 France: 2,436 tonnes
🇷🇺 Russia: 2,298 tonnes
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The US stock market is now on track to post back-to-back losses during the “Santa Claus” rally period.
This has only happened 2 times in history.
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If we gave you $1 Million but said you have to invest it in something by the end of 2024 and can't touch it until 2030
What would you do? 🤔
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For the first time in history, the Indian Rupee weakened through the 86 level against the U.S. Dollar for a new all-time low
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🔼 With just 2 trading days left in 2024 here's a full heat map of the NASDAQ 100's $QQQ performance so far this year
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🇮🇳 Indian Prime Minister Modi says India is becoming a hub for global trade.
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U.S. Dollar currently accounts for 58.2% of global foreign exchange reserves, higher than where it was at the end of 1980!
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World's biggest economies in 2028, projected by IMF:
🇺🇸 United States: $32.3 trillion
🇨🇳 China: $27.4 trillion
🇮🇳 India: $5.5 trillion
🇯🇵 Japan: $5.3 trillion
🇩🇪 Germany: $5 trillion
🇬🇧 United Kingdom: $4.2 trillion
🇫🇷 France: $3.3 trillion
🇧🇷 Brazil: $2.7 trillion
🇨🇦 Canada: $2.6 trillion
🇮🇹 Italy: $2.4 trillion
🇷🇺 Russia: $2.2 trillion
🇰🇷 South Korea: $2.1 trillion
🇮🇩 Indonesia: $2 trillion
🇦🇺 Australia: $2 trillion
🇲🇽 Mexico: $2 trillion
🇪🇸 Spain: $1.7 trillion
🇹🇷 Turkey: $1.3 trillion
🇳🇱 Netherlands: $1.2 trillion
🇸🇦 Saudi Arabia: $1.2 trillion
🇨🇭 Switzerland: $1.1 trillion
🇵🇱 Poland: $1 trillion
🇹🇼 Taiwan: $0.99 trillion
🇳🇬 Nigeria: $0.9 trillion
🇹🇭 Thailand: $0.7 trillion
🇮🇪 Ireland: $0.7 trillion
🇧🇩 Bangladesh: $0.7 trillion
🇻🇳 Vietnam: $0.7 trillion
🇦🇷 Argentina: $0.7 trillion
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China becomes the first country to produce 10 million electric vehicles (EVs) in a single year.
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US manufacturing is struggling:
Manufacturing job openings fell by 13,000 in October, to 465,000, the lowest since September 2020.
Since April 2022, available vacancies in the manufacturing sector have dropped by a whopping 532,000.
In effect, they are now below the 2018 pre-pandemic levels.
In November, manufacturing jobs fell 61,000 year-over-year to 12.9 million, the second-lowest since August 2022.
This marks the 4th consecutive monthly decline in manufacturing employment.
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Warren Buffett's Berkshire Hathaway has a cash position of $325 Billion, or 30% of its total AUM, which is Buffett's largest allocation to cash since in 35 years
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