Nvidia(US:NVDA) Sou Hu Cai Jing·2025-12-23 10:38Group 1 - The U.S. stock market indices opened high and closed up, with large tech stocks rebounding as concerns over rapid AI spending temporarily eased, leading to increased risk appetite among investors [1] - The VIX fear index dropped below 15, indicating a low volatility environment where investors are not fearing a market pullback, suggesting a "seasonal rally" without significant news driving the market [1][2] - The Russell 2000 index outperformed the broader market, driven by retail investors focusing on small-cap stocks, as quantitative funds and algorithmic trading dominated the market during the holiday trading week [4][6] Group 2 - A potential shift in monetary policy is anticipated as Trump may appoint a new Federal Reserve chair who is expected to be "super dovish," which could lead to aggressive rate cuts if economic data permits [8] - Tesla's stock approached the $500 mark, supported by a court ruling reinstating Musk's compensation plan and positive developments regarding its robotaxi technology [9][11] - Amazon's stock has underperformed this year, with concerns over competition and declining market share in its AWS segment, leading to a significant drop in free cash flow [12][14] Group 3 - Bitcoin has underperformed compared to precious metals, indicating a shift in investor sentiment towards tangible assets, as evidenced by MicroStrategy's pause in Bitcoin purchases and concerns over its valuation metrics [16][17] - Analysts remain optimistic about Amazon's future performance, with a strong buy rating and a target price significantly above its current stock price, suggesting potential for recovery [14]