{ }
Symbol AAPL
Name Apple Inc.
Currency USD
Sector Information Technology
IndustryGroup Technology Hardware & Equipment
Industry Electronic Equipment, Instruments & Components
Market NASDAQ Global Select
Country United States
State CA
City Cupertino
Zipcode 95014
Website http://www.apple.com
On December 20, 2024, Switzerland's Federal Council approved a framework agreement with the EU without fully understanding its content, raising concerns about a significant imbalance in rights and obligations. The treaty requires Switzerland to adopt EU law continuously and pay CHF 350 million annually, while Swiss industries face limited access to the internal market. Critics argue this submission to EU oversight reflects a troubling trend of semi-colonization, exacerbated by a history of misinformation from Swiss officials regarding the EU's legal authority.
Technical analysis of $USUAL shows a bearish trend across multiple time frames. The 15-minute chart indicates a minor recovery after a low of 1.1160, while the 1-hour chart suggests oversold conditions with potential for a bounce, though caution is advised. The 4-hour chart confirms the broader downtrend, emphasizing the need for a confirmed reversal or breakout above 1.20 before considering any long positions.
December 2024 showcases innovative blockchain projects poised for significant growth, including Qubetics, which revolutionizes asset tokenization, and Mina Protocol, known for its lightweight design. Radix enhances DeFi with its scalable architecture, while Celestia offers modular blockchain flexibility. Akash Network transforms cloud computing through decentralization, presenting compelling investment opportunities in the evolving crypto market.
U.S. stock markets experienced a bearish trend in the pre-holiday week, with the S&P 500 suffering its worst performance in over a month, dropping 2.3%. The decline was influenced by remarks from Fed chair Jerome Powell, impacting major indices across the board.
Several U.S. states, including Texas, Pennsylvania, and Ohio, are proposing legislation to establish strategic Bitcoin reserves amid concerns over the devaluation of the U.S. Dollar. Texas aims to create a Bitcoin stockpile with a five-year holding requirement, while Pennsylvania's bill allows the state Treasurer to invest up to 10% of various funds into Bitcoin. Ohio's proposal grants the State Treasurer discretionary power to purchase Bitcoin, reflecting a growing trend among states to leverage digital assets for financial security.
In 2024, the top five Big Tech firms—Apple, Nvidia, Microsoft, Amazon, and Google—account for approximately 25% of U.S. equity value, driven by surging AI revenues and a combined market cap of around $15 trillion. This concentration has raised concerns about a potential AI-related asset price bubble, as stock prices have outpaced earnings growth. Investors are now questioning whether these companies can sustain their growth amid evolving market dynamics and competition.
Investing $100 in $PEPE coins today could yield varying returns by February 1, 2025, depending on market conditions. If the coin grows by 50%, the investment may be worth approximately $1,502; a 200% increase could bring it to around $300; and a 1,000% surge might result in a value of about $1,000. Factors influencing these outcomes include market sentiment, broader crypto conditions, and regulatory changes.
The Federal Council has successfully navigated negotiations with the EU, achieving significant outcomes for Switzerland. This development reflects both strategic decision-making and a degree of fortunate timing, positioning the country favorably in its international relations.
Monsta Mash ($MASH) is gaining traction ahead of its December launch, with a presale nearing completion and expectations of a price surge from $0.0018 to $0.00365. Analysts predict significant returns, potentially up to 1000%, as the gaming platform attracts investors and gamers alike. Meanwhile, Tron (TRX) and Solana (SOL) are also forecasted to rise, but $MASH is positioned to outperform them in the upcoming bull run.
The Dow Jones Industrial Average surged nearly 400 points, reversing a 10-day losing streak, as investors reacted positively to a lower-than-expected inflation report, despite looming government shutdown concerns. Nvidia's stock attempted a recovery, while shares of Trump Media and Technology fell sharply after the president-elect moved shares to a revocable trust. FedEx initially soared over 20% on earnings but later declined, while Carnival's stock rose 3% following better-than-expected quarterly results.
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