Good Morning. This is the Investor Lookout with the daily digest.

Here’s what we got today:

• 🤖 Google Challenges AI Leaders with Gemini 2.0 Launch

• 🚗 Tesla Hits Record High on Trump Victory as Optimism Soars

• 🖥️ Technical Issues Paralyze Meta's Social Media Empire

Google Challenges AI Leaders with Gemini 2.0 Launch

Flash forward to the future of AI! Google ($GOOGL) has released Gemini 2.0 Flash, the first LLM of its next generation of artificial intelligence models. The new large language model features chat functionality available globally, while developers get access to text-to-speech and image generation from an experimental version. Google's CEO Sundar Pichai stated that the upgrade is a shift from information organization to practical utility. The model is superior to its predecessors in code generation and factual responses, though it is inferior in processing longer contexts. 

• General availability and more Gemini 2.0 model sizes will come in January.

• The multimodal version will be available in Google AI Studio and Vertex AI Developer platforms.

Tesla Hits Record High on Trump Victory as Optimism Soars

The Tesla rocket ship just reached new heights. Tesla ($TSLA) achieved a historic milestone, beating its previous all-time high on Wednesday. The stock reached a new high of $415 per share, moving past its previous record of $414.50 in November 2021. The surge follows Donald Trump's election victory, with investors betting on favorable policies for autonomous vehicles and the potential ending of the EV tax credits. Wall Street is racing to upgrade price targets, with Morgan Stanley ($MS) naming Tesla a "top pick" and raising its target to $400. Optimism extends to other areas, such as the robotics arm of the company, where Musk forecasts a long-term scenario in which it adds $20 trillion to the company's market cap.

• There are contrarians, as UBS ($UBS) cautions that the rally might be driven more by market sentiment than fundamentals. 

• Musk envisions a price of $250 to $30,000 for each humanoid robot.

Technical Issues Paralyze Meta's Social Media Empire

Wednesday became a forced digital detox for Meta users. Meta's ($META) family of apps experienced a significant outage on Wednesday, affecting millions of users worldwide. The technical issues began around 9:57 AM PST, impacting Facebook, Instagram, Threads, WhatsApp, and Messenger. Over 100,000 users reported problems with Facebook alone. Meta acknowledged the disruption on X, promising to solve the issues and apologizing for the inconvenience. A similar two-hour outage happened in March 2024 during the Super Tuesday U.S. primaries.

• In the afternoon, the issue was still not fully resolved.

• The outage affected all Meta platforms simultaneously.

China's monetary shift signals economic worries. CNBC

Elon Musk becomes the first-ever person to be worth $400 billion. BI

Why Google's quantum computing breakthrough is such a big deal. BI

Bridgewater's Ray Dalio: invest in gold and bitcoin rather than debt assets. YF

Nasdaq hits 20,000 for first time as AI rally rages on. Reuters

Brazil's Lula to undergo new surgery to minimize further brain bleeding. Reuters

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