Trainee journalist Ivan
On the first trading day of the beginning of 2022, the three major U.S. stock indexes stepped out of the "opening red", and there was no danger, and they closed up.
Tesla's deliveries in the fourth quarter of 2021 reached a new high, driving annual deliveries to nearly one million, closing up 13.53%, and the market value increased by nearly $145 billion (about 928 billion yuan)!
Apple made history in the intraday, becoming the first company with a market value of more than $3 trillion (about 19.2 trillion yuan), ranking first in the global market value!
The US Food and Drug Administration said that the development of a new coronavirus vaccine specifically for the Omikejong strain is not necessary, and at the same time, the number of new coronavirus confirmed cases in many states in the United States has reached a new high, triggering a plunge in anti-epidemic concept stocks!
In terms of global news, Turkey's annual inflation rate soared to a staggering 36% year-on-year, a new twenty-year high! The Negotiations on the Iranian Nuclear Issue have also ushered in new progress!
Tesla's annual deliveries are approaching a record high of one million units
Musk posted a celebration of a 13.53% surge in shares
On January 2, EST, Tesla disclosed the production and delivery volume of Q4 in 2021, far exceeding the agency's expectations.
Even if the automotive industry is greatly affected by supply chain issues such as the "chip shortage", Tesla is still one of the winners. According to data released by Tesla, more than 936,000 vehicles were delivered in the whole year of 2021, an increase of about 87% over the previous year. At the same time, Tesla has also "repeatedly stated that it expects deliveries to grow by 50% per year over the next many years."
In terms of data, of the fourth quarter deliveries, 296,850 were Model 3 or Model Y cars, while the Model S or Model X had only 11,750.
It is worth noting that Model S/X production and delivery volume increased significantly from the previous quarter, and the proportion of Q4 production capacity exceeded the sum of the previous three quarters. This is or the redesigned Model S/X begins to release demand, and the future growth space is worth looking forward to.
Tesla's 2021 Q4 delivery data is quite eye-catching, exceeding the previous expectations of major institutions, and the quarterly deliveries increased by about 70% year-on-year, nearly 30% higher than the previous quarter. It is worth mentioning that this is the sixth consecutive quarter in which Tesla has announced record deliveries. For the full year, its 2021 delivery figures grew 87% year-over-year.
In addition, after Tesla released the fourth quarter delivery data, CEO Elon Musk also posted on Twitter to celebrate: "Tesla's global team is doing a good job! ”
(Source: Musk Twitter screenshot)
Stimulated by multiple favorable stimuli of record high deliveries and higher market movements, Tesla's stock price opened high and closed up 13.53% at $1199.78 per share, with a total market capitalization soaring nearly $145 billion (about 928 billion yuan) and closing at $1.2 trillion.
Apple's market capitalization exceeded $3 trillion to make history
The world's first firmly ranked first
Apple makes history too!
Apple's intraday stock price once exceeded $182.856, and its market value briefly exceeded $3 trillion, making it the first company with a market value of $3 trillion (about 19.2 trillion yuan), ranking first in the world.
In addition, in 2021, Apple's stock price will rise by 34%, which is the largest component of the Dow.
According to Wall Street Insights, Apple's surge is a symbolic milestone, with a market capitalization of more than $3 trillion representing investor recognition of Apple's performance over the past few years, as Apple has had several record-breaking quarterly growths in all of its product lines.
According to Apple's fiscal fourth quarter, apple saw annual growth in all of its product categories, and while lower than expected, it recorded revenue of $83.36 billion in the closing quarter of fiscal 2021, up 29 percent year-over-year and the highest in the company's history in the September quarter. At the same time, Apple "abandoned" Intel, with self-developed M1 chip, the performance of the Mac should not be underestimated, the fourth quarter Mac revenue of 8.24 billion US dollars, an increase of 16% year-on-year, higher than the market expectation of 8 billion US dollars.
In addition, Morgan Stanley's Katy Huberty raised the company's target price for Apple from $164 to $200, arguing that new products like virtual reality and augmented reality headsets have yet to show up on the stock price.
The $3 trillion market cap also has a clear impact on the entire U.S. stock market, with Apple weighing 7 percent in the S&P 500 index, and Apple not far from the market capitalization of the entire Russell 2000 index, which currently has a market capitalization of about $3.51 trillion.
Not only is the impact on the market huge, but Apple itself has tripled its valuation in less than four years. And analysts think there's a lot of room left.
In intraday trading on August 2, 2018, Apple became the first U.S. public company with a market capitalization of $1 trillion. More than two years later, on August 19, 2020, its valuation reached $2 trillion. Since the trough of the pandemic in March 2020, Apple's stock price has more than tripled, and its market value has increased by about $2 trillion.
Apple closed at $182.01 per share, up 2.50 percent, with a total market capitalization of $2.99 trillion.
The three major indices rose across the board
Technology and chip stocks have led the rise
By the close, the Dow Jones Industrial Average was up 246.76 points, or 0.68 percent, at 36,585.06 points. The Nasdaq Composite closed up 187.83 points, or 1.20 percent, at 15,832.80 points. The S&P 500 closed up 30.38 points, or 0.64 percent, at 4796.56 points.
The Nasdaq 100 Index, which focuses on technology stocks, closed up 1.11% at 16501.768 points. In terms of constituent stocks, Tesla led the rise of 13.53%, electric vehicle unicorn Lucid rose 6.57%, chip stock AMD rose 7.57%, Xilinx (XLNX. US) rose 4.36 percent, Intel rose 3.32 percent and Nvidia rose 2.4 percent.
In addition, in terms of star technology stocks, Meta rose 0.65%, Amazon rose 2.21%, Apple rose 2.5%, and Google A and C stocks rose 0.1% and 0.27%, respectively.
U.S. Treasury yields rose sharply
Short-term bond yields were the highest in the pandemic
Under the Fed's interest rate hike expectations, the US Treasury yield rose sharply, with the 10-year US Treasury yield rising above 1.64%, a sharp rise during the day, the first time since the outbreak of The Semicon at the end of November 2021 to break through 1.60%.
The two-year Treasury yield, which is more sensitive to monetary policy, rose above 0.80% to its highest level in March 2020, closing at 0.76%.
The U.S. Food and Drug Administration says it is unnecessary to develop a vaccine specifically for Omikejong
Anti-epidemic concept stocks plummeted
According to CCTV News quoted by CNN, on January 3, local time, Peter Marks, director of the Biological Product Evaluation and Research Center of the US Food and Drug Administration (FDA) responsible for evaluating the new crown pneumonia vaccine, said that the development of a new crown vaccine specifically for the Aomi Kerong strain may not be necessary.
Max said that although all vaccine development companies are working hard to develop a specific vaccine against the Omilon strain, it is not yet known whether the Omilon strain will remain the main epidemic strain of the new crown pneumonia epidemic over time.
Max questioned the development of a vaccine that targets only one mutant strain. Experts from the U.S. Food and Drug Administration also said that if the company's vaccines have an inhibitory effect on the Omilton strain, there is no need to develop a vaccine specifically against the Omiljun strain.
At the same time, the number of new confirmed cases in many states in the United States in a single day reached a new high. According to THE US CBS 1st report, in the case of the intensification of the epidemic in the United States, 15 states such as New York, New Jersey, Arkansas and Maryland have reported a new high in the number of new cases. Nationwide, more than 2.2 million confirmed cases were reported in the past week, reaching a new high. In addition, according to NBC, hundreds of local medical officials in the United States have been forced to resign during the COVID-19 pandemic, including political strife and security intimidation.
In addition, on January 2, local time, US Defense Secretary Austin was confirmed to be infected with the new crown virus, and he himself will be isolated at home for 5 days. Austin said his last meeting with U.S. President Joe Biden was on December 21, 2021, when he tested negative for COVID-19. Austin said he had informed Biden and others of the situation. The statement also said that Austin himself had previously been fully vaccinated and had received a booster injection in October 2021.
Bearish news from all sides triggered a plunge in anti-epidemic concept stocks. BioNTech fell more than 10 percent, Moderna fell 7.5 percent, Vir Biotechnology fell nearly 6 percent, Pfizer fell more than 4 percent, and Eli Lilly fell 1.63 percent.
Chinese stocks have mixed ups and downs
In terms of the "three fools" of new energy vehicles, WEILAI rose 5.6%, and its december deliveries increased by 29.7% year-on-year; ideally rose 0.75%, and Xiaopeng fell 0.08%.
Monster Charging rose more than 24.6%, Renren rose more than 12.6%, Mushroom Street rose more than 9.2%, Fog core Technology rose about 3.6%, and Alibaba rose 1.38%.
JD.com fell more than 2.4%, Good Future fell more than 3%, New Oriental fell more than 3.3%, Pinduoduo fell more than 3.7%, Bilibili fell more than 4.3%, Kingsoft Cloud fell more than 6.2%, Dingdong Buy Vegetables (DDL.US) fell about 7%, and Pupu Culture fell more than 10%.
The epidemic in the United States continues to rage
Pharmaceutical companies have taken advantage of the opportunity to make huge profits
According to CCTV news reports, as of 22:00 Beijing time today (3rd), the cumulative number of confirmed cases of new crown pneumonia in the United States has exceeded 55.11 million, and the number of deaths has exceeded 826,000. Ironically, however, large pharmaceutical companies in the United States have made a lot of money due to the epidemic – Modena's COVID-19 vaccine sales are expected to reach $15 billion to $18 billion in 2021, and Pfizer's COVID-19 vaccine sales may exceed $36 billion in 2021 and $29 billion in 2022.
The host of India's "One World News" TV channel said Pfizer, Bynteco and Modena made $1,000 per second.
As a result of the continued lucrative profiteering of greedy pharmaceutical companies, a quarter of Americans who need medication have difficulty affording prescription drugs. The U.S. pharmaceutical industry's explanation for high drug prices is to fund innovation and R&D programs, and according to a December 2021 survey released by the U.S. House of Representatives, a significant portion of the spending of these pharmaceutical companies is actually used for marketing, expanding market monopolies and suppressing competition. Recently, Pfizer expects the global pandemic of the new crown epidemic to continue until 2024, which has also caused a lot of controversy.
U.S. Republican Rep. Andy Biggs said they had found a "way to get rich" and wanted to keep it going.
Turkey's CPI soared 36% year-on-year
It hit a new high in nearly two decades
According to the Financial Associated Press, on Monday local time, Turkey's official statistical institute released the country's December CPI data. Spurred by the New Monetary Deal, the country's price index saw a rare month-on-month increase of 13.58%, pulling the annualized inflation rate to a staggering 36.08%.
The whole thing is that in response to the lira's plunge after the rate cut, the Turkish government in mid-December offered a plan aimed at stabilizing local currency confidence, that is, after residents holding their sovereign currency deposit money in the bank, the difference between the exchange rate depreciation and the deposit rate will be made up by the government, and the interest promised when the depreciation is smaller than the official interest rate.
Inflation of 36 percent is also the country's highest since September 2002 (37 percent) and is naturally the highest figure since Erdogan's Justice and Development Party won the general election at the end of 2002. In Trading Economics' rankings, Turkey also used the latest data to squeeze Out Iran's rise to the eighth highest level of global inflation, ahead of Argentina (50%) that has been in an inflation crisis for many years.
For people in Turkey, Monday's data also meant their incomes and deposits were eroded at a faster rate. In the past 2021, the Turkish lira has depreciated by 44% in the process of the Turkish central bank's attempt to fight inflation with interest rate cuts. It should be emphasized that if it were not for Erdogan's monetary new deal at the end of the year, this number could even be doubled.
But in his speech on Monday, Erdogan, who described himself as the "enemy of interest rates," still focused on trade data, saying there was only one thing to worry about right now: exports, exports and exports, and highlighted that the $225 billion in exports in 2021 will be a full six times higher than when he took office.
Considering that Erdogan's actions are tantamount to denying the basic principles of Western economics, it is not surprising that the economists from the class will sing the praises of his monetary innovations. Many economists have given predictions that inflation could hit 50 percent this spring before Turkey adjusts its monetary policy direction. International investment bank Goldman Sachs also believes that for most of this year, the country's inflation will be above 40%.
Ministry of Foreign Affairs of Iran:
Western countries understand that they must abandon the "highest asking price" in the Iranian nuclear negotiations
According to Xinhua news, Iranian Foreign Ministry spokesman Khatibzadeh said on the 3rd that the United States and Western countries such as France, britain and Germany have realized that they must adopt a more realistic attitude in the negotiations between the parties involved in the comprehensive agreement on the Iranian nuclear issue and give up the "highest asking price".
According to the Islamic Republic of Iran News Agency, Khatibzadeh said at a regular press conference on the same day that the parties to the negotiations were able to form a "common text" because Western countries adopted a more realistic attitude in the negotiations and realized that they could not put forward demands beyond the scope of the Iranian nuclear agreement.
Khatibzadeh said that the mechanism for the parties to advance negotiations in Vienna, the capital of Austria, is clear, and there are both bilateral and multilateral talks. Iran and the United States exchange views indirectly and through written texts in order to avoid misunderstandings.
In July 2015, Iran reached a nuclear deal with the United States, the United Kingdom, France, Russia, China and Germany. In May 2018, the US government unilaterally withdrew from the Iranian nuclear agreement, and then restarted and added a series of sanctions against Iran. Since May 2019, Iran has gradually suspended the implementation of some of the terms of the JCPOA, but promised that the measures taken were "reversible".
The parties to the JCPOA began talks in Vienna in April 2021 to discuss the resumption of implementation by the United States and Iran. The eighth round of negotiations, which began in Vienna on December 27, 2021, said Iran would focus on the "common text" that had been formed.
Source: China Fund News