🇲🇽 Trump is threatening Mexico with a 25% tariff on exports. 84% of Mexico’s exports go to the U.S., totaling $439 billion in 2023.
I seriously doubt the tariffs will happen, but if they do, say goodbye to Mexico's economy.
🇺🇾 Tonight are the Uruguayan elections. Polymarket is giving an 80% chance of victory to Yamandú Orsi, a center-left politician and member of the Frente Amplio coalition. This would mark a shift from the current center-right government.
📈 NVIDIA reported a 17% revenue growth from last quarter and a 94% increase compared to the same quarter last year.
🔴 Even though it was an impressive report, $NVDA stock is slightly down as the company is already priced near perfection.
🇦🇷 JPMorgan just raised Argentina's economic outlook for 2025:
📈 PBI growth surging at 8.5% annualized rate
📉 Monthly inflation expected to drop to 2.5% in Q1 2025
💵 Yearly inflation forecast down to 29% for 2025
$ARGT is up 1.7% today, accumulating 56% year-to-date 🔥
Here's how the main ETFs of South American countries are performing so far this year:
🇦🇷📈 Argentina $ARGT: +53%
🇵🇪📈 Peru $EPU: +24.6%
🇨🇴📉 Colombia $GXG: -3.4%
🇨🇱📉 Chile $ECH: -10.5%
🇧🇷📉 Brazil $EWZ: -20.5%
💰 The World's Top 10 Most Valuable Companies - November 2024
1. $NVDA ($3.59T)
2. $AAPL ($3.4T)
3. $MSFT ($3.16T)
Meanwhile Tesla returns to the trillion-dollar club and becomes the 8th most valued company in the world!
🇦🇷🇺🇸 @JMilei announced plans to negotiate a free trade agreement with the U.S.
This could have a huge impact on Argentina’s economy after years of strict import restrictions. However, I don't think it's very likely to happen as long as Argentina remains part of Mercosur.
🇦🇷📈 MercadoLibre Argentina had a historic record of sales during #CyberMonday, with 34% more products sold compared to 2023, as the Argentine economy starts to show strong signs of recovery.
$MELI stock is up 28% year-to-date.
#CyberMonday récord histórico en Mercado Libre: más de 7 millones de productos vendidos, +34% vs. Cyber 2023 🚀
¿Cuáles fueron las categorías y los más elegidos por los argentinos? Abrimos hilo🧵
For the first time, there are 10 companies with a market cap of over $1 trillion:
🇺🇸 Nvidia - $NVDA
🇺🇸 Apple - $AAPL
🇺🇸 Microsoft - $MSFT
🇺🇸 Alphabet - $GOOG
🇺🇸 Amazon - $AMZN
🇸🇦 Saudi Aramco - $SAOC
🇺🇸 Meta - $META
🇺🇸 Tesla - $TSLA
🇺🇸 Berkshire Hathaway - $BRK.B
🇹🇼 TSMC - $TSM
📈 Markets just closed their best week of the year following Donald Trump's victory. The $SPY jumped 4.7% during the week.
The biggest winners:
- $PLTR +39.5%
- $AXON +37.3%
- $TSLA +30.4%
Image: stockbubbles.co
This election showed how bad the polling industry is at actually predicting anything. They were calling for 50-50 odds.
Betting odds were more realistic than any poll out there. And the more money enter these bets, the more accurate they will become. #Elections2024
Tomorrow, I'm going to be refreshing PolyMarket all day. I think it's going to be the most real-time source of info during these elections. There's $3.2 billion in this bet 💸 #Election2024
Bitcoin reaches a new ATH after Trump is projected to win the elections. Odds of Trump winning are at 90% according Polymarket and 80% according NYT.
#Election2024#ElectionDay#USAElections