Market Insights: Nvidia, Tesla, and Economic Trends

The market reacts cautiously as concerns over Trump's cabinet appointments and rising interest rates loom large.

### Market Insights: Key Updates on Nvidia, Tesla, and Economic Policies
* 📅 "Today is November 18th, and the market is **buzzing ahead of Nvidia's earnings report** this week."
* 📉 Nvidia's stock has dropped by **2%** due to reports of GPU server **overheating issues** leading to potential **product delays**.
* 🚗 Tesla is receiving positive news related to self-driving car policies, enhancing expectations for its **Full Self-Driving software** and **robotaxi initiatives**.
* 📊 Today's trading session is relatively quiet macro-wise, with no major events scheduled, aside from a **speech from Chicago Fed President Austan Goolsbee**.
* 💼 The upcoming appointment of Trump's Treasury Secretary is **crucial for economic policy direction**, with Scott Bessen and Ken FitzGerald as leading candidates.
* 🗣 Elon Musk's public support for one candidate has stirred controversy among Republicans, reflecting the **competitive nature of the nomination process**.
* 📈 Despite rising interest rates, optimistic market sentiment remains, with Morgan Stanley raising its S&P 500 target for next year to **6,500**, signaling **confidence in continued growth**.
* 💰 However, caution persists regarding high valuations and inflation concerns, as analysts warn of **potential market corrections** if interest rates exceed **5%**.

### Tensions Rise as Biden's Missile Policy and Market Reactions Unfold
* 🛡 President Biden has limited missile usage to **defensive measures against potential Russian attacks**, a decision that could **escalate tensions further** in the ongoing conflict.
* 🇷🇺 Russia has responded by requesting an additional **100,000 North Korean troops**, criticizing Biden's decision sharply, which may **heighten geopolitical anxieties**.
* 📈 As the markets react, the Dow Jones opened **down by 0.18%**, while the S&P 500 saw a slight increase of **0.03%**, indicating **mixed sentiments among investors**.
* 💰 Despite rising interest rates, the Russell 2000 index for small-cap stocks rose by **0.3%**, showing **resilience** in that segment.
* 📊 Gold prices increased by **1.6% to $210 per troy ounce**, likely influenced by Goldman Sachs' reports, while crude oil prices rose by **1.7% to $68 per barrel**.
* 📉 The VIX index, a measure of market volatility, saw a **3.35% increase**, reflecting **growing investor anxiety** amid the geopolitical climate.
* 🔍 Nvidia's stock dropped **2.5%** ahead of its earnings report, amidst concerns over **overheating issues** with its new Blackwell server designs, which could **delay customer deliveries**.
* 🚗 Tesla's shares **surged nearly 7%** following reports of potential regulatory relaxations for autonomous vehicles under the incoming Trump administration, signaling **strong market optimism**.

### Tesla and Market Insights: Subsidies, Stocks, and Economic Predictions
* 🚗 Tesla is currently under discussion regarding the potential **repeal of electric vehicle subsidies**, which could impact the company's **sales dynamics**.
* 💵 Under the IRA, American consumers can receive **up to $7,500 in subsidies** for purchasing domestically manufactured electric vehicles, but there are concerns about the subsidy’s **future**.
* 🤔 Elon Musk has expressed that removing subsidies could be beneficial for Tesla, as the company can **produce electric vehicles more cost-effectively** than traditional automakers.
* 📉 As Tesla's stock rises, ride-sharing companies like Uber and Lyft are experiencing declines, with Uber **down 6.5%** and Lyft **nearly 7%**.
* 📊 Super Micro Computer (SMCI) shares are up **12.2%**, driven by expectations of submitting a plan to **avoid delisting** after failing to file quarterly reports on time.
* 💊 Pharmaceutical stocks are facing challenges, particularly Eli Lilly, which has seen a **drop amid broader concerns about vaccine-related policies** under the new health secretary.
* 📈 Goldman Sachs predicts that the U.S. dollar may strengthen due to potential new tariffs, estimating a possible **increase of 1% to 88%** depending on the scope of these tariffs.
* 📅 Investors should keep an eye on upcoming economic indicators, including housing permits and starts, as they could signal **trends in the real estate market and overall economic health**.

실적 앞둔 엔비디아 악재 | S&P6500 가능? | SMCI, 상장폐지 피할까 |  달러 더 강해진다 | 골드만 "금 더 고" | 트럼프 인수위, 자율주행차 규제 완화 추진

한경 특파원들이 전하는 잠들지 않는 투자 뉴스

한경 글로벌마켓

Announcing the return of the Korea Economic Daily business correspondent

Comment on post-holiday market conditions

Nvidia Earnings Explained: Market Activity Ahead of Nvidia's Earnings Announcement

Nvidia stock drops and Blackwell GPU server overheating issue mentioned

Tesla share price rises and Trump's self-driving car policy expectations are noted

Mentioned that today's macro schedule doesn't matter much

Chicago Fed President Austin Goolsbee to Speak, Says Market Influence Limited

Governor Christine Lagarde to speak, says impact on U.S. equity markets limited

Emphasize that news about the Trump administration has a significant impact on markets

Explain the importance of the Treasury Secretary selection and its impact on economic policy direction

Cited confusion over Treasury Secretary appointment over the weekend

Scott Wessen and Kent Fitzgerald mentioned as candidates and Elon Musk endorsed

Compare Bessen and Rutnik's market-friendly policy positions

Noted that uncertainty over the Treasury Secretary nomination is negatively impacting equity markets

Rising interest rates and the outlook for equities

Noted that stock market optimism prevails despite rising interest rates

Michael Wilson on Morgan Stanley's S&P 500 price target increase

S&P 500 forecasts with different scenarios

Cited uncertainty over whether the Fed will continue its rate-cutting cycle

Goldman Sachs comments on global equity return outlook

Rising U.S. Treasury rates and market impact

U.S. Treasury yields continue to rise and 10-year yield level mentioned

Discussing whether rising U.S. Treasury rates will weigh on stocks

Mentioned equity risk premiums reaching new lows

Mentioned the high proportion of long-term fixed-rate debt for S&P 500 companies

Expressing concerns about the Fed and inflation

Analyzing Nvidia's pre-earnings stock drop and Blackwell server overheating issues

Nvidia stock drops and mentions possible pre-earnings stock correction

Blackwell cites server overheating issues and possible delivery delays to customers

Blackwell Server Overheating Issues Could Undermine Blackwell's Differentiating Strengths

Multiple interpretations of Nvidia's pre-earnings stock price drop

Blackwell issues raise concerns about possible delays to Nvidia's future roadmap

Analyzing the Tesla stock price rise and Trump policy expectations

Cited expectations of Trump administration's deregulation of self-driving cars

Cites problems with current self-driving car regulations and the need for improvement

New Transportation Secretary nominee and his relationship with Elon Musk mentioned

Analyzing the possibility of eliminating EV subsidies and the impact on Tesla