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General Motors (GM): The unmanned business Cruise and GM Technical team will be merged, and the plan is expected to be completed in the first half of 2025.White sugar futures fell by about 3%, Arabica coffee rose by over 4.5%, and new york cocoa rose by about 6%, which continued to hit a record high. In late new york on Tuesday (December 10th), ICE raw sugar futures fell by 2.00% and ICE white sugar futures fell by 2.97%. ICE Arabica coffee futures rose 4.53% to 347.35 cents/pound; Coffee "C" futures rose 0.26% to 334.05 cents, having risen to 348.35 cents at 19:52 Beijing time. Robusta coffee futures rose 0.35% to 5218, and rose to 5510 at 17:25. New york cocoa futures rose 5.99% to $10,685/ton, continuing to hit a record high. London cocoa futures rose 4.00% to 8420,00: 01, and also rose to 8471 to continue to hit a record high. ICE cotton futures fell 0.66% to 69.49 cents. When the US Department of Agriculture (USDA) released the monthly inventory report, the refresh date was as low as 69.25 cents at 01:00.Wall Street consultants expect the deal-making business to heat up in the Trump era. Wall Street M&A consultants said that the expected regulatory relaxation will promote M&A activities and initial public offerings in the coming year, and companies are regaining the transaction manual. Christina Minnis, head of global credit financing and global acquisitions at Goldman Sachs, said that given Donald Trump's policy commitments during the presidential campaign, "I think the outside world may think that M&A activities in the United States may be slightly strengthened."

US Treasury Secretary Yellen: It is a pity that the deficit has not been reduced to a greater extent. The outgoing US Treasury Secretary Yellen said that after President-elect Trump nominated Besant as Treasury Secretary, she had a conversation with the successor. Yellen said on Tuesday (December 10) that she introduced the breadth of work and personnel strength of the department to Besant, an experienced hedge fund manager, in a phone call before Thanksgiving. In addition, Yellen also reiterated the warning of undermining the independence of the Federal Reserve and widely imposing tariffs. In addition, she also expressed regret over the financial situation. Yellen also expressed regret that she failed to make more progress in narrowing the fiscal deficit during her tenure. "I'm worried about financial sustainability, and it's a pity that we haven't made more progress," she said. "I think we need to reduce the deficit, especially now that we are in an environment of higher interest rates."US President Biden made a speech on the latest developments in Syria. US President Biden said that the collapse of the Assad regime is a historic opportunity for the Syrian people, and they can build a better future for their country. This is also a moment full of risks and uncertainties. Biden said: "When we all turn to the next step, the United States will cooperate with our partners and stakeholders in Syria to help them seize the opportunity to manage risks."CFO of OpenAI: I believe Musk will put national interests first, and IPO is a milestone in the development of startups.

Since December, overseas institutions have investigated 28 listed companies, focusing on three major industries. According to statistics, 32 overseas institutions have investigated 28 listed companies in the past seven trading days since December. Among them, Lubomai Fund has the largest number of research companies, and has investigated 3 listed companies, including Steady Medical, Shanghai Rural Commercial Bank and Weike Technology. In addition, four overseas institutions, including Manulife Finance, Boyu Capital and Leiya Investment, respectively investigated two listed companies. In terms of industries, overseas institutions mainly favor automobile, computer and mechanical equipment, with four research companies each, followed by electronics, food and beverage, medicine and biology, with two listed companies each being investigated by overseas institutions. According to statistics, Huichuan Technology, Desai Siwei, Hanzhong Seiki and Angang are the most concerned by overseas institutions, with 30, 8, 7 and 7 researchers respectively. According to the research activities, overseas institutions are mainly concerned about the competitive advantages of listed companies, the progress of internationalization, and the situation of reducing costs and increasing efficiency. (Securities Times)The United States has approved the sale of arms facilities worth nearly 600 million US dollars to Kuwait and Ukraine. The US Department of Defense said in a statement that the State Council has approved the sale of vehicle maintenance equipment with an estimated value of 300 million US dollars to Kuwait. On the same day, it also approved the sale of F-16 fighter maintenance services and related equipment to the Ukrainian government at a cost of US$ 266.4 million.CF40 Research: Three Channels to Expand Domestic Demand. An article published by Guan Wei of China Financial Forty Forum (CF40) pointed out that the expansion of total demand, whether it is to expand consumption or investment demand, should be implemented on credit growth. When credit goes up, residents, enterprises and governments have more money in their pockets, so do expenditures and incomes, as well as profits and investments. At present, there are three main ways to expand credit: first, fiscal policy is exerted and the government borrows money; Second, the monetary policy will exert its strength and reduce the policy interest rate; The third is to stabilize the real estate market, and there can be no further sharp decline. In terms of finance, maintain the intensity of fiscal expenditure in a broad sense, and moderately increase the fiscal deficit to 4% in 2025. In terms of monetary policy, we should take reducing the real interest rate as an important goal, continue to implement "strong interest rate reduction", and timely reduce the interest rate of structural monetary policy tools below the policy interest rate level. In terms of the property market, it will ease the current cash flow pressure faced by real estate enterprises and promote the real estate to stop falling and stabilize from both ends of supply and demand.