forex cross rate

Berenberg: Raised BP's target price from 650 pence to 715 pence.

Canton Fairbank: Lowered its price target for Netflix (NFLX.O) from $125 to $110.

Japanese Prime Minister Sanae Takaichi: Many people believe that measures to combat inflation have not yet been fully effective.

1. Gene Munster, Managing Partner of Deepwater Asset Management, Tesla's investment firm: I previously thought there was a 90% probability of the two companies merging within the next two years; now that probability has risen to 95%, and it could even happen within the next year. 2. Dan Ives, Partner and Senior Managing Director of Yorkville Ives & Co., New York: The key to the merger is what price shareholders can get. Tesla's stock price may need to reach around $550 per share for the deal to be finalized and approved. Shareholders will support the merger because it has sufficient strategic rationale. 3. Kenneth Goh, Director of UOB Kay Hian Private Wealth Management: No agreement has been reached yet. If the deal goes through, Tesla shareholders will indirectly hold shares in the rocket, satellite, and AI businesses, but they will also need to fund these ambitious plans. 4. Justus Parmar, CEO of Fortuna Investments: The merger will provide investors with a unified investment entity while reducing duplication of investment, management costs, legal fees, and administrative expenses. Tesla's automotive business cash flow can support SpaceX's profitable and capital-intensive space exploration projects. 5. Michael Monaghan, portfolio manager of Founder ETFs: Founders should control their own companies, so there are no fundamental concerns about corporate governance. However, given that SpaceX is a major U.S. defense contractor, Tesla may be subject to strict operational and information segregation measures. 6. Daniel Newman, CEO of The Futurum Group: The merger of the two companies will integrate space, AI, autonomous driving, and robotics technologies, making the new company one of the most capable of seizing the next phase of development opportunities globally. 7. Brian Mulberry, Chief Market Strategist at Zacks Investment Management: Existing business synergies between the two companies are expected to improve operational efficiency in the future. 8. Yuri Khodjamirian, Chief Investment Officer at Tema ETFs: The merger is logical because it integrates all businesses under one entity, and the two companies are already working on major joint projects such as Terafab. 9. Josh Gilbert, Chief Analyst for eToro Asia Pacific: The combined valuation of the two companies is approximately $3.5 trillion. The merger has a clear strategic logic, but having the same person in charge of both parties will raise serious corporate governance issues. For investors, the merger also means concentrating a large amount of risk in a highly ambitious business empire.

According to Japan's Kyodo News, the Japanese government is considering subsidies for electricity and natural gas during the winter.

Bank of Japan Deputy Governor Ryozo Himino: Achieving price stability through appropriate monetary policy will help Japan achieve sustainable growth.