?? Tesla hits record EV sales in China despite global dip

The articles and information in this newsletter are a summary of yesterday’s trading and related news. They are presented for informational purposes only. Nothing in the newsletter should be taken as investment or trading advice.

S&P 5005, 868.55?13.08 (0.22%)

Dow Jones 42,392.27?151.95 (0.36%)

NASDAQ 19,280.79?30.00 (0.16%)

Market close: January 2, 2025

Breaking News

?? Tesla hits record EV sales in China despite global dip.

The company achieved record electric vehicle sales in China in December, marking a new milestone for the company. The EV maker reported approximately 83,000 units sold in China during December, a 12.8% increase compared to November Benzinga reports.

Image source: Unsplash (by ?Milan Csizmadia)

EdgeUp

?? MetaShift: Facebook parent Meta is replacing its president of global affairs, Nick Clegg, with Joel Kaplan, the company’s current policy vice president and a former Republican Party staffer. CNBC reports.

?? ChipKing: Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. Reuters reports.

?? WindWin: Norway's Equinor said on Thursday it had secured a financing package of more than $3 billion for its Empire Wind 1 offshore wind power project in the United States. Reuters reports.

? SiriFine?: Apple agreed to pay $95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant violated users' privacy. Yahoo Finance reports.

?? FactoryDown: Factory activity in Asia, Europe and the U.S. ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and China's fragile economic recovery. Reuters reports.

?? FlightMiss: Airbus delivered about 760 jets in 2024, 10 short of annual goal. Reuters reports.

Top 5 Movers in Early Pre-Market

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time) Benzinga reports.

1. $TGL: Treasure Global

Total gain: 200.84%

2. $MFI: mF International

Total gain: 88.23%

3. $ONCO: Onconetix

Total gain: 79.69%

4. $BOE: Blackrock Enhanced Global

Total gain: 58.94%

5. $HCTI: Healthcare Triangle

Total gain: 47.19%

Friday Fact

How the Stock Market Affects the U.S. Economy

“The stock market is not the economy” is a phrase that gets used quite often. Many pundits argue that the fluctuations of the major indexes tasked with tracking the performance of the country’s biggest companies have little impact on the average American, as the majority of shares trade hands among the super-wealthy. Moreover, the stock market can undergo bubbles emanating from hype, perception, and opinions of the agents that affect the stock prices. However, these perceptions do not necessarily reflect the real trading of goods and services, which in aggregate constitutes the economy.

?? Read more

What's LIVE Today!

Join our free live sessions led by experienced educators:

?? Richie Naso: Friday,?at 9 AM ET ?? ZeroPro & Hotkeys: Friday,?at 12 PM ET

At TradeZero, we don’t just want you to trade—we want you to master the game. Every week, we’re offering free live sessions from top market experts—interactive, insightful, and designed to give you the edge.

?? Tune in Live

Refer a Friend & Earn Together

Did you know that it pays to invite your friends to TradeZero?

When they fund a new account with us, you'll both receive $100 USD. T&Cs apply.

?? Learn More

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on January 2.

(All pricing and percent gains are based on regular market trading hours from 9:30 AM to 4:00 PM Eastern Time) Benzinga reports

1. $LAES: SEALSQ

Total gain: 40.73%

SEALSQ announced that 2025 is expected to be a landmark year for the company and its parent organization, WISeKey International Holding, as they advance their leadership in quantum technologies. Benzinga reports.

2. $QSI: Quantum-Si

Total gain: 55.92%

The stock appeared to be moving on no notable news.

3. $FFIE: Faraday Future

Total gain: 51.64%

The stock appeared to be moving on no notable news.

Today’s Notable Earnings

(Estimate and Actual numbers represent Earnings Per Share in US Dollars)

TAYD Taylor Devices

Q2 2025

Before Market Open Estimate: N/A

Actual: 0.340

Today’s Key Economic Dates

Time (ET) / Report / Period

10:00 am ISM manufacturing - December

?? Enjoying the DailyEdge?

Recommend our 5-minute daily digest to a friend by sharing this link.

Extra-Time

Visit our YouTube Channel

High Frequency Trading

Parting Thoughts

"Invest in a business, not a stock. A great business with a durable competitive advantage will thrive regardless of short-term price fluctuations." ― Warren Buffett

Sourced in: Buffett, Warren (author of essays included in) and Cunningham, Lawrence A. The Essays of Warren Buffett: Lessons for Corporate America. New York: Wiley, 1997.

?

The DailyEdge (“Newsletter”) is provided by TradeZero Holding Corp. and its affiliated broker dealers, TradeZero America, Inc., a United States broker dealer, registered with the SEC and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC); TradeZero, Inc., a Bahamian broker dealer, registered with the Securities Commission of the Bahamas; and TradeZero Canada Securities ULC, a Canadian broker dealer, member firm of Canadian Investment Regulatory Organization (CIRO) and member of the Canadian Investor Protection Fund (CIPF) (collectively, the “TradeZero Broker Dealers”). The Newsletter may summarize information and articles with respect to securities investing and trading that may be of interest to TradeZero customers and the public generally. Any views and opinions expressed or third-party information provided in the Newsletter are those of the author and do not reflect the views of TradeZero or its employees. TradeZero believes that the content of the Newsletter is accurate, however, TradeZero does not warrant its accuracy and assumes no responsibility for any errors or omissions. TradeZero provides the Newsletter for information and education purposes only. The Newsletter is not a research report and is not intended to serve as the basis for any investment or trading decision. The Newsletter does not constitute an offer to sell or a solicitation to buy any security or instrument which it may reference. There is a risk of loss in online trading of securities including equities and options. Trading on margin is for experienced investors and traders only as the amount one may lose can be greater than an initial investment. Likewise, short selling as a securities trading strategy is extremely risky and can lead to potentially unlimited losses. Options trading is not suitable for all investors as it can involve risk that may expose investors to significant losses. Please read the Characteristics and Risk of Standardized Options, also known as the options disclosure document (ODD) before deciding to engage in options trading. If you have any specific questions about TradeZero’s brokerage services, please reach out to the TradeZero Broker Dealer in your jurisdiction.