TLDR

MARKET RECAP → The S&P 500 (VOO) managed to eke out a small gain on Wednesday as the minutes from the Fed’s December meeting indicated concerns related to the potential inflationary impact of President-elect Donald Trump’s policies as he gears up for his second term.

QUANTUM COMPUTING STOCKS PLUNGE →🕒 Nvidia (NVDA) CEO Jensen Huang's projection of a 15 to 30-year timeline for practical quantum computers led to significant declines in quantum computing stocks, cooling recent investor enthusiasm.

ROLLS-ROYCE BETS BIG ON BESPOKE BOOM → Rolls-Royce is expanding its UK headquarters with a £300 million investment to meet surging demand for ultra-luxury, bespoke vehicles, including holographic paints and gold accents, catering to the global elite. 🚗

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MARKETS

Today’s S&P 500 Heatmap

Notable Earnings This Week

TODAY’S TOP NEWS

Quantum Computing Stocks Plunge After Nvidia CEO's Timeline Estimate

Nvidia CEO's Projection: 🕒 Nvidia (NVDA) CEO Jensen Huang stated that "very useful" quantum computers are likely 15 to 30 years away, with 20 years being a reasonable estimate.

Market Impact: 📉 Following Huang's remarks, quantum computing stocks experienced significant declines: Rigetti Computing (-42%), Quantum Computing Inc. (-42%), IonQ (-38%), and D-Wave Quantum (-41%).

Investor Sentiment: 💡 Huang's comments tempered recent enthusiasm in the quantum computing sector, highlighting the extended timeline for practical applications and prompting investors to reassess the industry's near-term prospects.

TODAY’S TOP NEWS

Rolls-Royce Bets Big on Bespoke Boom

Expansion Announcement: 🏗️ Rolls-Royce announced a £300 million investment to expand its Goodwood headquarters, driven by surging demand for ultra-personalized luxury cars. This marks the company's largest investment in the facility since it opened 22 years ago.

Bespoke Trend: 💎 The bespoke trend caters to the super-rich, with recent orders including 18-carat gold sculptures, holographic paint finishes, and embroidery with nearly 870,000 stitches. The exclusive Coachbuild program lets clients design completely original vehicles.

Global Strategy: 🌍 CEO Chris Brownridge emphasized the company’s global reach, stating that the investment supports its bespoke and Coachbuild projects while enhancing Rolls-Royce’s position as a leader in luxury innovation.

BULL VS. BEAR

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