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December 18th - 1. Due to the previous government shutdown, the CPI report will be incomplete, possibly only reporting November price levels. 2. Limited data reduces reliability, creating uncertainty regarding monthly inflation details. 3. Inflation may slow; tariffs boosted core commodity prices, but seasonal discounts limited prices. 4. Markets may react briefly, but incomplete data limits its lasting impact on Federal Reserve expectations.On December 18th, Saxo Bank analyst Ole Hansen wrote in a report that gold is increasingly becoming a cornerstone asset in a world characterized by fragmentation, fiscal tensions, and geopolitical uncertainty. Golds performance over the past two years reflects more than just a favorable macroeconomic cycle. It signals a deeper transformation in the global financial system, where trust, diversification, and resilience have become as important as yield and growth. Despite the strong momentum, gold is not without risk heading into next year. In the near term, the most tangible risks stem from positioning and capital flows. The strong rally in gold and silver in 2025 means that the upcoming rebalancing of major commodity indices will trigger a significant sell-off in the futures market, a process that could generate significant short-term volatility.On December 18th, Daniela Hathorn, senior market analyst at trading platform Capital.com, said: "With inflation still above target and service sector prices appearing sticky, Bank of England policymakers are unlikely to send a clearly dovish signal. Instead, the Bank of England will likely describe any rate cuts as a gradual shift in risk management rather than a full-blown easing cycle."JPMorgan Chase raised its price target for Micron Technology (MU.O) from $220 to $350.According to the latest analysis from Economies.com analysts on December 18th, spot gold prices have been mainly fluctuating in recent intraday trading. The main bullish trend remains dominant in the short term, and the price is moving along the secondary support trend line, indicating the stability of the bullish trend.

Musk Asserts, "Tesla Is Always on My Attention" in Response to Twitter Distraction Concerns

Charlie Brooks

May 20, 2022 09:30

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Elon Musk, CEO of Tesla (NASDAQ:TSLA), stated on Thursday, "Tesla is always on my mind" in an effort to assuage investor concerns that he may be distracted by a Twitter (NYSE:TWTR) transaction that has weighed on the company's stock price.


Tweeting a picture of a woman (Tesla) concerned by her boyfriend's (Elon's) interest in another woman, he stated, "This may appear to be the case, but it is not."


"To be clear, I am devoting approximately 5 percent of my time to the Twitter acquisition. It requires no rocket science! "He sent a tweet.


"Yesterday, Giga Texas existed; today, Starbase does. Tesla is constantly on my mind."


Musk's rocket business SpaceX has a launch site near Boca Chica, Texas, known as Starbase. This year, Tesla established a new factory in Texas.


Tesla shares have lost one-third of their value since the billionaire disclosed his Twitter position in early April and sold $8.5 billion worth of Tesla shares to help finance his $44-billion Twitter transaction.


China's lockdown restrictions, which hampered Tesla's manufacturing, and Tesla's exclusion from a widely regarded S&P sustainability index weighed further on the stock market.


Tesla bull Wedbush analyst Daniel Ives reduced Tesla's share price estimate on Thursday owing to the China production setback and warned of "distraction risks" from Musk's Twitter agreement.


Major Tesla investor Leo KoGuan demanded on Thursday that the electric car manufacturer repurchase shares.


"Tesla must announce immediately and buy back $5 billion of Tesla shares from its free cash flow this year and $10 billion from its free cash flow next year, without affecting its existing $18 billion cash reserves with ZERO debt," KoGuan said in a Twitter message to Martin Viecha, Tesla's head of investor relations.


Viecha was unavailable for quick comment.


KoGuan, the third largest individual stakeholder in Tesla, stated last year that he was investing billions in the company because he believed in Musk's "great objective, which I share." In March, he stated that he was purchasing further Tesla shares and not selling during the stock's decline.

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