【Jin Ten Data Organization: Daily US Stock Market News Flash (December 2, Monday)】
Important News
1. The Ministry of Foreign Affairs responds to the US plan to introduce a new round of chip restrictions on China: will firmly protect the legitimate rights and interests of Chinese enterprises.
2. The US plans to impose anti-dumping duties of up to approximately 271% on photovoltaic products from four Southeast Asian countries.
3. According to Adobe Analytics data, US consumers' online spending on Black Friday reached $10.8 billion, a year-on-year increase of 10.2%.
4. Canaccord Genuity has raised its S&P 500 index target for the end of 2025 from the previous forecast of 5650 points to 6325 points.
Individual Stock News
1. Sanofi (SNY.O) will invest 1 billion euros to build a new insulin production base in China.
2. Tesla (TSLA.O) has started rolling out the latest version of FSD, V13.2.
3. Coinbase (COIN.O) policy director: After Trump took office, cryptocurrency laws will be passed 'quite quickly'.
4. JPMorgan (JPM.N) withdraws its lawsuit related to Tesla (TSLA.O) warrants.
5. Market manipulation scandal damages reputation, Nomura Holdings' share in the Japanese corporate bond market shrinks significantly.
6. Merck (MRK.N) antibiotic combination approved for marketing in China.
7. Stellantis (STLA.N) CEO Tavares resigns early due to strategic differences.
8. Alibaba applies for the trademark of the 'Xingliuxingchen' large model.
9. Market news: MicroStrategy (MSTR.O) acquired approximately 15 billion dollars worth of 15,400 bitcoins; as of December 1, the company holds approximately 402,100 bitcoins.
10. JPMorgan upgrades Gap (GPS.N) rating to overweight.
11. Intel (INTC.O) announces that its CEO Pat Gelsinger is retiring and resigning from the board. (Source: Jin Ten Data)