Market Overview - US stock market indices reached historical highs before the Christmas holiday, with the S&P 500 closing at 6932.05 points, up 0.3%, the Dow Jones Industrial Average at 48731.16 points, up 0.6%, and the Nasdaq Composite at 23,613.31 points, up 0.2% [2] - The market is currently experiencing low trading volumes, and investors are watching for the continuation of the "Santa Claus rally" [2] 2026 Market Predictions - Wall Street analysts predict the S&P 500 index will reach between 7100 and 8100 points by 2026, with an average target of 7490 points, indicating an approximately 8% upside from current levels [3] - The anticipated growth is driven by the AI boom and potential interest rate cuts from the Federal Reserve, alongside expected corporate earnings growth [3] - However, concerns about inflation, high valuations, and trade tensions could lead to market corrections [3] Gold and S&P 500 Predictions - Ed Yardeni, a prominent market analyst, forecasts that both the S&P 500 index and gold prices could reach 10,000 points and $10,000 per ounce, respectively, by the end of the decade [4] - His optimistic outlook is based on economic resilience, strong corporate earnings, and productivity gains from the digital revolution and AI [4] Individual Stock Movements - The global precious metals market has rebounded, with silver prices rising 5% to $75.39 per ounce, marking a historical high, and gold reaching $4530 [5] - Mining stocks saw pre-market gains, with notable increases in companies like Coeur Mining (CDE.US) and First Majestic Silver (AG.US) [5] - Biohaven Pharmaceuticals (BHVN.US) shares fell nearly 16% after its experimental depression drug failed to meet mid-stage trial goals [5] - Waymo, Google's autonomous driving division, temporarily suspended services in San Francisco due to flood warnings [6] - Analyst Dan Ives from Wedbush Securities set a target price of $250 for Nvidia (NVDA.US), citing the company's significant potential in the AI sector [6] - XPeng Motors (XPV.US) officially entered the Mauritius market, following its expansion into Qatar and the UAE [7]

Core Insights - Tesla has launched its Robotaxi service, utilizing modified Model Y vehicles with safety personnel, but initial performance has raised concerns due to safety issues [1][4][5] - The competition in the autonomous driving market is intensifying, with Tesla, Waymo, and local players like RoboTaxi vying for market share [3][17] - RoboTaxi has demonstrated faster global expansion and lower operational costs compared to Tesla's Robotaxi, positioning itself as a leader in the market [8][10][12] Group 1: Tesla's Robotaxi Launch - Tesla's Robotaxi service has been launched with modified Model Y vehicles, but has faced significant operational issues, including erratic driving behavior and safety concerns [1][4] - Despite the challenges, Elon Musk aims to scale the Robotaxi fleet to approximately 100,000 vehicles by next year, with plans for millions of private Tesla cars to join the fleet in the future [1][18] - The initial rollout of Tesla's Robotaxi is limited to specific areas and involves a controlled group of testers, which may not reflect broader public experiences [14][15] Group 2: Competitive Landscape - The competition in the autonomous driving sector is not only between companies but also reflects a broader geopolitical struggle between the US and China in AI and technology [3][19] - RoboTaxi has expanded its testing and operational footprint significantly, with plans to enter new markets in the Middle East and Europe, while also achieving a service volume of 11 million rides [9][10] - Waymo is also expanding its operations, targeting new cities in the US, while RoboTaxi has established a presence in 15 cities globally, indicating a competitive edge [5][8] Group 3: Cost and Safety Advantages - RoboTaxi's operational costs are significantly lower, with vehicle costs at $28,000 compared to Tesla's projected $30,000 for CyberCab, and Waymo's at $200,000 [10][13] - RoboTaxi has achieved a safety record of 170 million kilometers without major accidents, showcasing its capability in complex traffic environments [10][12] - The rapid growth of the Robotaxi market is projected, with estimates indicating a rise from $54 million in 2025 to $12 billion by 2030 in China, compared to a slower growth in the US market [10]

Group 1 - Waymo, a subsidiary of Alphabet, has applied for road testing permits in New York City, indicating a potential launch of services in the area [1] - Uber's stock decreased by 1.99% [1] - Lyft's stock decreased by 2.34% [1] Group 2 - Uber's current stock price is $83.07, with a market capitalization of $174.28 billion [3] - Lyft's current stock price is $14.60 [5]