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Faraday receives delisting warning in the future. JD v. Alibaba's "one out of two" case receives a compensation of 1 billion yuan | tonight's highlights

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On Friday, the last trading day of the year, the futures of the three major US stock indexes remained largely unchanged, while the S&P 500 index is expected to reach a historic high, and European stock markets collectively rose.
If the S&P 500 index rises by about 0.3% on Friday, it could break the historical closing record set in January 2022.
The three major US stock indices are expected to achieve nine consecutive weekly gains. In recent times, the prospect of the Federal Reserve cutting interest rates has significantly boosted market sentiment, and investors' confidence in achieving a soft landing of the US economy has also increased.
The Dow Jones Industrial Average has hit historic highs multiple times this month, with the Russell 2000 index, a small cap stock, rising nearly 14% in December and expected to achieve its best monthly increase since November 2020.
Ryan Detrick, Chief Market Strategist at Carson Group, stated that historically, a rise of 10% or more in the last two months of a year is a signal that there is still greater room for growth in the stock market.
Company news
SpaceX launches US military X-37B "Orbital Experimental Vehicle"
On the evening of December 28th local time, SpaceX successfully launched the US military's X-37B Orbital Experimental Vehicle from the Kennedy Space Center in Florida.
This is the seventh launch of the X-37B Orbital Experimental Vehicle. The launch used SpaceX's "Heavy Falcon" carrier rocket, which will send the X-37B to a higher orbit, but it is currently unclear where the aircraft will go.
JD wins the first instance of the "one out of two" case against Alibaba, with JD receiving a compensation of 1 billion yuan
According to JD Blackboard News, on December 29th, the Beijing Higher People's Court made a first instance judgment on the case of JD v. Zhejiang Tmall Network Co., Ltd., Zhejiang Tmall Technology Co., Ltd., and Alibaba Group Holding Co., Ltd., determining that their abuse of market dominance and implementation of a "two choice one" monopoly behavior was established, causing serious damage to JD, and ordered compensation of 1 billion yuan to JD.
Boeing has discovered defects in 737 Max bolts, and FAA claims to be closely monitoring targeted inspections
The Federal Aviation Administration (FAA) issued a statement on December 28th local time stating that it is closely monitoring targeted inspections of Boeing 737 MAX aircraft to identify possible bolt looseness in the rudder control system. Boeing's stock price fell 1% in the New York market.
After consulting with the Federal Aviation Administration of the United States, Boeing has urged operators of the new single aisle aircraft to inspect the hardware that controls the specific lever for rudder movement for potential looseness. Before Boeing suggested conducting the above inspection, an international operator found a bolt and a nut missing during routine maintenance of the rudder control linkage mechanism. FAA will consider taking additional action based on further detection of hardware looseness or missing situations.
Musk's X Company lost a lawsuit to block California's content censorship laws
On December 28th local time, a federal judge in the California region of the United States dismissed the lawsuit filed by X Company, a subsidiary of Elon Musk, against California under California Content Review Act AB 587. This law aims to require technology companies to disclose their content review policies on social platforms. X company claims that this infringes on the freedom of speech rights of social media platforms.
[Faraday Future: Received notification from NASDAQ regarding delisting or non-compliance with continuing listing rules or standards]
On December 29th, it was reported that Faraday Future received a notice from NASDAQ on December 28th regarding delisting or non-compliance with the rules or standards for continued listing.
Events worth paying attention to during the US stock market period (Beijing time)
December 29th
22:45 Chicago PMI in December, USA
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