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Fitch Ratings: US state and local governments are expected to return to normal in 2025.The concept of high-speed copper connection is very popular. Recently, benefiting from the explosive demand growth of AI computing power, the market funds focus on the supporting concept of high-speed copper connection in the upper reaches of NVIDIA. On December 11th, a number of high-speed copper connection concept stocks rose sharply, with Zhaolong Interconnect rising by 12.58%, Woer Nuclear Materials by 8.70%, Shenyu Shares by 4.77% and Derun Electronics by 4.99%. High-speed copper connection, also known as high-speed connector, is a core data transmission component, which constitutes an efficient signal transmission system. Manager Public Offering of Fund said that the concept stocks of high-speed copper connection continued to rise, which actually benefited from the explosion of demand for AI computing power. Invista once introduced at GTC2024 that NVL72 uses copper cable interconnection to save costs significantly compared with optical modules. Shanxi Securities predicts that the new market of high-speed copper cable brought by GB200 will be close to 6 billion US dollars in 2025, and the usage scenarios of high-speed copper cable will continue to expand. It is found that a number of public and private equity funds have heavily invested in the concept stocks of high-speed copper connections that have risen recently in the third quarter. There are also fund managers who heavily invested in related stocks in the second quarter, but significantly reduced their positions in the third quarter, missing the rise of concept stocks in the fourth quarter. There are also some fund managers who continue to be optimistic about the stimulation of the demand of upstream industries caused by the outbreak of AI computing power, and have successively added high-speed copper connection concept stocks. (Securities Times)Brazilian President Lula will receive new treatment after brain surgery, and Brazilian President Lula will receive another medical procedure on Thursday, local time, after earlier this week, the Cirio-Lea banes Hospital said in a statement that his health condition was doubtful. The hospital said in a statement on Wednesday that Lula will undergo meningeal artery embolization. Thursday's treatment is aimed at preventing bleeding and reducing the risk. The hospital said in a statement that Lula was able to walk, do physical therapy and visit his family on Wednesday. The hospital said that he had no medical complications. In trading on Wednesday afternoon, the Brazilian real continued its upward trend, rising by 1.6% against the US dollar. Affected by this news, the benchmark Ibovespa stock index rose.

Fitch Ratings: US state and local governments are expected to return to normal in 2025.Promoting Peace and Cooperation Ethiopia and Somalia signed the Ankara Declaration. On December 11th, local time, under the mediation of Turkish President Erdogan, Ethiopian Prime Minister Abi and Somali President Mahmoud signed the Ankara Declaration in Ankara, Turkey, announcing that they would promote peace and cooperation.US stocks "Seven Sisters" | Tesla and Google A closed up more than 5%, both hitting record highs. On Wednesday (December 11), in "Magnificent 7", Tesla closed up 5.93%, refreshing the record high of closing to 424.77 US dollars; Google's parent company, Alphabet(GOOGL), closed up 5.52%, the best performance for two consecutive days since 2015-accumulated up by about 11%, refreshing the historical high of closing to 195.40 US dollars; NVIDIA rose 3.14%, Amazon rose 2.32%, Meta Platforms rose 2.16%, Microsoft rose 1.28%, and Apple closed down 0.52% from its all-time high. In addition, AMD closed up 1.89%, TSMC ADR rose 1.39%, Berkshire Hathaway B shares closed down 0.24%, and Lilly fell 0.44%.

Brazil's Vale: An agreement was reached with the US Department of Energy to provide $282.9 million in financing for the Louisiana plant until 2031.Punto Casa de Bolsa upgraded AMD to Buy with a target price of $170.22.Euronext: Due to an accident in the waterway, the delivery point of its February 2025 rapeseed futures (COMG5) contract along the Mosel River will be unavailable until further notice.