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Market insights

December 6th

Talking Points
  1. Intel CEO Exit: Pat Gelsinger retires as Intel’s CEO after a lackluster tenure marked by unfulfilled promises to revive the company.
  2. Musk’s Pay Package Denied: A court denied Elon Musk’s $56 billion Tesla pay package, raising questions about corporate governance.
  3. SMCI Audit Concerns: While SMCI stock jumped after an internal audit cleared it of misconduct, the abrupt exit of external auditors casts doubt on the findings.
  4. Steve Cohen’s 24X: The legendary investor’s 24-hour trading platform, 24X, could transform trading, offering unprecedented access to global markets.
  5. Trump vs. BRICS: Trump warns BRICS nations to abandon de-dollarization plans or face 100% tariffs on exports to the U.S.
  6. Baidu’s Robotaxi Milestone: Baidu gains approval to test robotaxis in Hong Kong, signaling a major step forward for autonomous driving in Asia.