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Real-time News
On December 8th, Changguang Huaxin issued an announcement regarding abnormal stock trading fluctuations, stating that the companys optical communication business is affected by multiple factors, and its future development is highly uncertain. Due to the complex and volatile geopolitical factors, local easing may bring short-term opportunities for expanding into some international markets, but the companys overseas optical chip business is still in its initial stage, and there may be unpredictable risks such as slower-than-expected development and business setbacks. Supply chain and raw material risks may arise during business development. Since high-end optical communication products rely on specific raw materials, fluctuations in the supply chain or changes in the international trade environment may affect production delivery and cost control. The demand for optical communication products is closely related to factors such as the progress of data center construction and the development of global computing power demand. If downstream investment slows down or demand falls short of expectations, it may impact the companys performance.On December 8th, Oppenheimer Asset Managements Chief Investment Strategist, John Stoltzfus, predicted that the S&P 500 will rise 18% to 8100 points in 2026, driven by continued double-digit earnings per share growth. The team stated in a report, "Our optimistic outlook for the S&P 500 is based on multiple factors, including the continued resilience of U.S. economic data and the better-than-expected performance of S&P 500 companies for most of this year." Data shows that Stoltzfuss 2026 target is currently the highest among strategists forecasts. The average target for the end of 2026 is currently 7315 points, compared to 6870 points at the close last Friday.Tesla (TSLA.O) shares fell more than 1% in pre-market trading after Morgan Stanley downgraded its rating from overweight to neutral.Morgan Stanley downgraded Ferrari (RACE.N) from Overweight to Hold, and lowered its price target from $520 to $425.On December 8th, analysts at BNY Mellon noted in a report that the market has fully priced in a rate cut by the Federal Reserve this month. However, a growing consensus suggests that this will be a hawkish cut, meaning further monetary easing will depend on whether economic data released in March and June 2026 weakens or inflation falls further. The analysts also pointed out that the upcoming change of Fed chair poses a risk, as the market will assess the policy inclinations of the new leadership. Furthermore, the FOMC will release its dot plot, which is likely to confirm recent disagreements within the committee regarding policy stance. Significant divergence in committee members views on the policy direction in 2026 is expected, reflecting the two-way economic risks we anticipate.
