Daily U.S. Stock Market News Briefing (December 3, Tuesday)

USHK News
2024.12.03 13:25

Individual Stock News

  1. Nike (NKE.N) will close its virtual sneaker brand RTFKT under the leadership of the new CEO, terminating operations in January 2025.

  2. General Motors (GM.N) sold its stake in the Michigan battery plant to LG Energy, receiving $1 billion and jointly researching square batteries.

  3. Sanofi (SNY.O) announced its largest single investment in China: spending €1 billion to establish an insulin production facility.

  4. Apple (AAPL.O) is being sued by employees for overstepping surveillance, suppressing speech, and monitoring personal devices.

  5. Amazon (AMZN.O) plans to launch new components to address power consumption issues in data centers.

  6. Tesla (TSLA.O) delivered 79,000 electric vehicles from its Shanghai Gigafactory in November, a month-on-month increase of 15% but a year-on-year decrease of 4.3%.

  7. The lawsuit regarding Musk's exorbitant salary has been dismissed again by a judge, and Tesla (TSLA.O) plans to appeal.

  8. Trump expressed opposition to Nippon Steel's acquisition of U.S. Steel (X.N).

  9. Intel (INTC.O) announced that CEO Kissinger will be stepping down

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