money vs cryptocurrency, snippets

Canadian Finance Minister: In the face of possible tariffs imposed by the United States, Canada will not escalate the dispute and will not back down.Investors caught up in the "Musk Deal" are rewarded handsomely. One fund has even soared by 500%. Whether it is a Wall Street fund or a small short-term trader, as long as they dare to bet heavily on elon musk's business empire, they are expected to make a lot of money this year, because Donald Trump's victory in the US election has strongly boosted the wealth surge of the world's richest man. Musk's support for Trump during the campaign and his appointment to lead the new government efficiency department made his enterprises, including Tesla and unlisted unicorn companies SpaceX and xAI, hot assets. The market value of these companies has soared this year, pushing Musk's own personal wealth to exceed $400 billion. The closed-end fund Destiny Tech100 Inc.(DXYZ) is such a fund that caught the wind of Musk's trading. Since the November 5 election, the fund has soared by more than 500%. The fund invests in the shares of unlisted unicorn companies, and its latest declaration shows that as of the end of September, the bet on SpaceX accounted for more than one-third of its positions. Trump's victory prompted a large number of retail investors to flood into the fund, pushing its transaction price far beyond the valuation of its underlying assets, and the premium level rose to an eye-popping high.Competition in the anode material market intensifies enterprises' multi-pronged response to the challenge. According to the news of WeChat official account, the official WeChat of Dow Technology, on December 13th, Dow Technology recently signed the Project Technology Entrustment Development Contract with the University of Electronic Science and Technology of China, entrusting the University of Electronic Science and Technology of China with the research and development of ultra-thin metallic lithium anode materials, and accelerating the commercialization of solid-state lithium batteries. As one of the four main materials of lithium battery, the anode material directly affects the energy density and cycle performance of lithium battery. At present, artificial graphite is the main anode material. Affected by the mismatch between supply and demand, the market competition of anode materials is in a white-hot situation. The price of anode materials is low, and it has become a consensus in the industry to reduce costs and increase efficiency. Negative electrode material manufacturers actively develop new products, optimize production technology, improve production efficiency, and take a multi-pronged approach to meet market challenges. (CSI)

S&P: Mexico may take a pragmatic attitude when negotiating with the United States on bilateral issues.Argentina's MERVAL index closed up 3.06% to 2.375 million points, a record closing high, with a cumulative increase of 7.82% this week.Coca-Cola invested about US$ 90 million to expand the production scale in Brazil's Amazon region. In a statement, Coca-Cola Brazil said that it invested R $550 million (US$ 90 million) to expand an concentrated beverage factory in Brazilian Amazon. Coca-Cola said that the new factory was inaugurated on Friday, attended by Brazilian Vice President Geraldo Alckmin and other officials.

According to informed sources, Ultramicro Computer is considering issuing additional shares and bonds. Ultramicro computers fell 6% in after-hours trading.The Federal Aviation Administration (FAA) has taken measures to simplify the procedures for commercial space launch and license approval.CFTC: The net long position of gold, silver and copper reached a five-week high. CFTC: In the week of December 10th, the net long position of COMEX gold held by speculators increased by 18,792 contracts to 220,189 contracts, a five-week high. The net long position of COMEX silver increased to 30,685 contracts, a five-week high. The net long position of COMEX copper increased to 12,635 contracts, a five-week high. The net long position of NYMEX platinum held will reach a three-month low of2,892 contracts. The net short position of NYMEX palladium increased to 7,621 contracts, a record high of more than two months.