US Stock Market Move | The Trump administration plans to relax regulations on autonomous driving vehicles. Faraday Future (WRD.US) rose more than 9% in pre-market trading.

22:03 18/11/2024

On Monday, Wunong Net Technology (WRD.US) pre-market rose over 5%, reaching $18.32.

On Monday, WRD.US, the American stock of Wenyuan Zhixing, rose over 9% in pre-market trading, reaching $18.99. In terms of news, members of the transition team of US President Donald Trump told advisors that they plan to make the federal legal framework for fully autonomous vehicles a priority for the Department of Transportation. This indicates that the Trump administration intends to relax regulations on autonomous vehicles. In addition, Musk called for national regulations to be established last month during Tesla, Inc.'s third-quarter earnings conference call, allowing autonomous vehicles to operate on US roads without traditional drivers. He also stated that he will use his potential position in the US government to promote a more streamlined regulatory approach to approve the use of fully autonomous vehicles nationwide.

New Stock Analysis | Wangshan Wangshui: From 6.42 million profit to 2.18 billion loss, the cash flow cliff and the hundred billion market gamble behind nine pipelines.

Guosheng Securities: It is almost certain that the Federal Reserve will continue to cut interest rates in October and December. It is expected that there will be three more rate cuts in 2026.

CMSC: Hong Kong stocks return to growth style after adjustment, focusing on internet and insurance.

New Stock Analysis | Wangshan Wangshui: From 6.42 million profit to 2.18 billion loss, the cash flow cliff and the hundred billion market gamble behind nine pipelines.

Guosheng Securities: It is almost certain that the Federal Reserve will continue to cut interest rates in October and December. It is expected that there will be three more rate cuts in 2026.

CMSC: Hong Kong stocks return to growth style after adjustment, focusing on internet and insurance.