📈 Tesla hits ATH

Plus: Potential stock splits in 2025

Author

Journals GG
December 13, 2024

Good morning & Happy Friday!

Wall Street dips on inflation data, Tesla hits a record as Musk's fortune soars, and Adobe stock drops sharply.

Grab your Iced latte and let's get into it! ☕️👇️

Markets

📈 S&P 500, Nasdaq, Dow slide
Wall Street took a breather as inflation data weighed on investor confidence, overshadowing President-elect Donald Trump's ceremonial bell-ringing at the NYSE. The Dow and S&P 500 each slipped 0.5%, while the Nasdaq dropped 0.6%. Notably, Apple bucked the trend, inching up to a record close, even as broader markets stalled after their post-election rally.

🖼️ Billionaires wanted it, but 66,930 everyday investors got it first
When incredibly valuable assets come up for sale, it's typically the wealthiest people that end up taking home an amazing investment. But not always… One platform is taking on the billionaires at their own game, buying up and securitizing some of the most prized blue-chip artworks for its investors. [sponsored]

🚗 Tesla Stock Hits Record as Musk Becomes First Person to Flex $400B Net Worth 
Tesla soared to a record high of $424.77, adding a jaw-dropping $62 billion to Elon Musk’s net worth in a single day. Now valued at $447 billion, Musk has widened his lead over Jeff Bezos by $200 billion. With Tesla’s stock up 77% since Election Day, Musk’s connections to President-elect Donald Trump seem to be paying off in a big way.

🖖 Potential Hot Stock Splits for 2025
Stock-split euphoria is fueling Wall Street's 2024 rally, and two major companies might keep the trend alive into the new year. While AI innovation and Donald Trump’s November win have driven markets higher, the buzz around stock splits has been a key force lifting investor sentiment and pushing the broader market to new heights.

😟 Investing in Stocks at All-Time Highs
Hitting all-time highs can make investors nervous, but they’re more common than you might think. This year alone, nearly 60 trading days—about one in four—have seen new records, and over the past decade, there have been over 300. Since 1950, all-time highs have occurred on 7% of trading days, roughly one every two weeks. Ben Carlson proposes to Invest only what you’re prepared to hold through bull and bear markets. Markets rise and fall unpredictably, so a steady asset allocation is your best strategy for navigating the highs and lows.

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