Weekly Market Report. December 29, 2023

Weekly Market Report. December 29, 2023

Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world.?

Let's explore together! ????



?? Top Reads

Nvidia stock still looks cheap despite 200%-plus surge??

The stock's impressive triple-digit return in 2023 has pushed its trailing twelve-month price-to-earnings ratio (PE) to 65, according to Yahoo Finance data. That's almost three times more than the trailing PE on the S&P 500.



How Electric Vehicles Are Losing Momentum with U.S. Buyers??

Electric-vehicle sales growth hit a speed bump in the U.S. this year, and the impact is being felt throughout the industry. Carmakers around the world have invested billions of dollars in EV technology, spurred on by tailpipe emissions regulations designed to boost sales of battery-powered models.



Google settles $5 billion consumer privacy lawsuit??

The lawsuit had sought at least $5 billion. Settlement terms were not disclosed, but the lawyers said they have agreed to a binding term sheet through mediation, and expected to present a formal settlement for court approval by Feb. 24, 2024.


?? Market Data



?? Important News This Week


AI

  • Microsoft readies 'next-gen' AI-focused Surface Pro 10
  • Baidu says its ChatGPT rival Ernie bot now has more than 100 million users
  • AI is ‘really going to change the game’ for dating apps


Tech

  • Huawei forecasts 9% revenue growth in 2023 as smartphones surge
  • Apple's massive push to make the Mac gaming-friendly
  • SpaceX’s Falcon Heavy Lofts Secretive US Military Spaceplane


Business

  • Boeing says Chinese airlines resumed operating all 737 MAXs in 2023
  • Mavericks ’ $3.5 Billion Sale to Adelson Wins NBA Approval
  • China’s Ailing Clean Energy Industry Eyes Remedy in Saudi A


Crypto

  • Celsius Network wins court approval for shift to bitcoin mining
  • OKX to delist privacy coins, including Monero, Zcash and Dash
  • Vitalik Buterin wants to ‘make Ethereum cypherpunk again’



?? Meme of the Week




?? Notable Companies Secure Impressive Investments

  • Liquiid AI , a liquid neural networks developer, raised $37.5 million
  • GFO-X, a crypto derivatives exchange, raised $30 million
  • Rhythms , an enterprise productivity startup, raised $26 million
  • Cradle , an AI protein designer platform, raised $24 million
  • Immensa , a manufacturing and inventory management startup, raised $20 million


?? Holistic Investments with Mark Kreitzman


??Love What You Read?

If you have any questions, please contact me directly in my email.?


Sincerely,

Constantin Kogan

[email protected]

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