Bitcoin Milestone
- Bitcoin surpassed $100,000, reaching $103,649, driven by optimism over U.S. President-elect Donald Trump’s pro-crypto policies.
Australian Market
- Northern Star (NST): Announced a $5 billion acquisition of De Grey Mining.
- Collins Foods Group (CKF): Reported profit pressures and cut its dividend.
- Pro Medicus (PME): Experienced a $513 million block trade of shares.
- HMC Capital (HMC): Acquired $950 million in renewable assets from Neoen.
U.S. Market
- UnitedHealth (UNH): CEO Brian Thompson was killed in a targeted shooting.
- Airline Stocks: Showed strength, with American Airlines and Southwest Airlines raising guidance.
- GameStop (GME): Shares surged following a cryptic social media post by Keith Gill.
Global Economic Updates
- Argentina: Central bank cut its benchmark interest rate to 32%.
- South Korea: Faces political turmoil as President Yoon Suk Yeol declares martial law.
- U.S. Non-Farm Payrolls: Report showed a modest job increase of 12,000.
Commodity and Currency Markets
- Metals: Gold, silver, copper, and iron ore showed steady performance.
- Crude Oil: Tested $70 before retreating.
Trade of the Week
- Telix Pharmaceuticals (TLX): Expects to double sales in four years, driven by new cancer treatments and global expansion.
