Latest Trends in the US Stock Market and Analysis of Tesla, Nvidia, Apple, and Bitcoin
Impact of Trump's Steel and Aluminum Tariffs
Former President Trump's official announcement of imposing a 25% tariff on steel and aluminum products has raised concerns about a global trade war.
This caused mixed results in the US's three major indices, with Tesla (TSLA) in particular falling more than 6%, marking its fifth consecutive decline.
Reasons for Tesla's Stock Price Plunge
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Elon Musk's Attempt to Acquire OpenAI
- Musk proposed acquiring OpenAI, but CEO Sam Altman rejected it.
- Musk publicly criticized Altman as a 'scammer,' escalating the controversy.
- Investors are concerned that Musk may sell Tesla shares to raise funds, similar to his acquisition of Twitter (now X), leading to a stock price drop.
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Impact of Steel and Aluminum Tariffs
- The imposition of tariffs is expected to increase Tesla's production costs.
- Rising electric vehicle production costs may increase margin pressure.
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Decline in Sales in China and Europe
- News of declining sales in China and Europe last month had an additional negative impact on the stock price.
- Chinese electric vehicle company BYD is aggressively competing on price, expanding its market share.
- Tesla is struggling in the Chinese market due to issues with FSD (Full Self-Driving) approval.
- Breakdown of Technical Support Line
- Tesla's stock price fell below the $330 support line, raising the possibility of further declines.
- Investor sentiment has weakened, making it difficult for the stock price to rebound.
US CPI Announcement and Fed Chairman Powell's Remarks
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Expected CPI Announcement
- The expected January Consumer Price Index (CPI) is projected to increase by 2.9% year-over-year and 0.3% month-over-month.
- If inflation is higher than expected, expectations for a Federal Reserve (Fed) rate cut may weaken.
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Federal Reserve Chairman Jerome Powell's Testimony
- He mentioned that the US economy continues to show strong growth and that there is no need to rush to cut the benchmark interest rate.
- With inflation exceeding the 2% target, a rate freeze is likely in the near term.
- The market is expected to closely monitor the Fed's monetary policy direction after the CPI announcement.
Analysis of Major Stock Items
1. Tesla (TSLA)
- Fell to $328, breaking the $330 support line.
- Further news regarding Musk's OpenAI acquisition and sales strategies in the Chinese market are expected to affect the stock price in the future.
2. Nvidia (NVDA)
- Rose 15% in the past five days, but closed slightly down at $132 that day.
- Has an overwhelming position in the AI semiconductor market, with potential for continued growth in the future.
- If Nvidia's stock price undergoes a short-term correction, it is likely to be a buying opportunity.
3. Apple (AAPL)
- Announced plans to collaborate with Alibaba to incorporate AI features into iPhones in China.
- As a result, the stock price rose to $232, showing a rebound.
- In the long term, Apple's adoption of AI technology is expected to positively affect the stock price.
4. Palantir (PLTR)
- Rapidly emerging as a beneficiary of the AI revolution, with its stock price rising 500% in one year.
- However, it is currently overbought, with the possibility of a short-term correction.
- While Wall Street is raising its target stock price, some institutions are raising concerns about overvaluation.
Bitcoin and Cryptocurrency Market Trends
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Bitcoin (BTC)
- Moving around $96,000, forming a box pattern in the short term.
- Briefly fell to $94,000 after the steel and aluminum tariffs were imposed.
- Long-term bullish outlook as a store of value is maintained.
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Other Cryptocurrency Related News
- Kin Meme coin Lattice Semi rose 7.7% after reporting better-than-expected earnings.
- Energy storage company Fluence Energy reported a larger-than-expected loss, causing its stock price to plummet 46%.
Future Stock Market Outlook and Investment Strategy
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Basic Stock Market Scenario
- Despite the economic slowdown, continued growth in corporate profits is likely to sustain the stock market's rise.
- Improved corporate performance is expected in 2025, which will provide momentum for the stock market's rise.
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Potential for Short-Term Adjustments
- The Nasdaq has undergone a -3% adjustment in the past two weeks but has largely remained at the same level.
- If market uncertainty is alleviated, it is likely to rebound.
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Focus on AI and Semiconductor Sectors
- The growth potential of AI-related companies such as Nvidia and Palantir is high, making long-term investment promising.
- Although there may be short-term overheating adjustments, the AI sector is expected to continue its strong growth.
< Summary >
- Trump's announcement of steel and aluminum tariffs has spread fears of a global trade war.
- Tesla fell 6% due to Musk's attempt to acquire OpenAI and sluggish sales in China.
- The January CPI announcement and Fed Chairman Powell's remarks are major variables that will determine market direction.
- Nvidia continues its strong performance in AI semiconductors, while Apple rose following the announcement of AI cooperation with Alibaba.
- Bitcoin is forming a box pattern at $96,000, maintaining a long-term bullish outlook.
- The stock market generally maintains a bullish trend, with the AI and semiconductor sectors requiring continuous attention.
[More…]
- Tesla Stock Price Outlook: The Impact of the Musk and OpenAI Controversy
👉 https://nextgeninsight.net/?s=%ED%85%8C%EC%8A%AC%EB%9D%BC - Nvidia Stock Analysis: Position in the AI Semiconductor Market
👉 https://nextgeninsight.net/?s=%EC%97%94%EB%B9%84%EB%94%94%EC%95%84
*YouTube Source: [미국주식하는인갠]
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