Daily US Stock Market Highlights (Thursday, December 8) IMPO...
Daily US Stock Market Highlights (Thursday, December 8)
IMPORTANT NEWS
1. China Automobile Association: In November, automobile production and sales reached 2.386 million units and 2,328 million units respectively, down 8.2% and 7.1% from month to month, down 7.9% year on year; sales volume of new energy vehicles was 786,000 units, up 72.3% year on year.
Individual stock news
1. Ideal Auto (LI.O) Q3 revenue increased 20.2% year over year to 9.34 billion yuan, and net loss increased from 21.51 million yuan to 1.64 billion yuan in the same period last year, falling short of expectations. The company expects delivery volume of 45,000 to 48,000 vehicles in Q4, an increase of 27.8% to 36.3% year over year.
2. Ideal Auto (LI.O): As of January 1, 2023, Shen Yanan will resign as the company's executive director and president, and Ma Donghui will be appointed as the company's executive director and president.
3. The report said that Apple (AAPL.O) plans to cut the iPad Mini product line with a screen size of less than 10 inches in 2025 and instead launch a foldable iPad product line.
4. TSM.N's sales in November increased 50.2% year over year to NT$222.71 billion.
5. Broadcom (AVGO.O) Q4 revenue was US$8.93 billion, and net profit increased 68.9% year-on-year to US$3.359 billion; revenue for the first fiscal quarter of fiscal year 2023 is expected to be around US$8.9 billion, higher than market expectations.
6. DocuSign (DOCU.O)'s fiscal year 2023 Q3 revenue increased 18.36% year over year to US$645 million, raising revenue expectations for FY2023 to US$24.93-2,497 billion.
7. Lululemon (LULU.O) Q3 revenue increased 28% year over year to US$1,857 million, and net profit increased 35.6% year over year to US$255 million. Q4 revenue guidance fell short of expectations.
8. COST.O (COST.O)'s Q1 revenue for fiscal year 2023 increased 8.1% year over year to $54.437 billion, slightly lower than market expectations; net profit increased 3% year over year to US$1,364 billion.
9. Pfizer (PFE.N) and BioNTech SE (BNTX.O)'s MRNA COVID-19 and influenza vaccine candidates have been qualified for the US Food and Drug Administration's rapid review channel.
10. JinkoSolar (JKS.N): The conversion efficiency of 182N single-crystal passivated contact (TopCon) batteries reached a new high, reaching 26.4%.
11. Activision Blizzard (ATVI.O) CEO: The Microsoft (MSFT.O) takeover deal will continue after the US Federal Trade Commission (FTC) allegation that the deal could hurt competition is untrue.
IMPORTANT NEWS
1. China Automobile Association: In November, automobile production and sales reached 2.386 million units and 2,328 million units respectively, down 8.2% and 7.1% from month to month, down 7.9% year on year; sales volume of new energy vehicles was 786,000 units, up 72.3% year on year.
Individual stock news
1. Ideal Auto (LI.O) Q3 revenue increased 20.2% year over year to 9.34 billion yuan, and net loss increased from 21.51 million yuan to 1.64 billion yuan in the same period last year, falling short of expectations. The company expects delivery volume of 45,000 to 48,000 vehicles in Q4, an increase of 27.8% to 36.3% year over year.
2. Ideal Auto (LI.O): As of January 1, 2023, Shen Yanan will resign as the company's executive director and president, and Ma Donghui will be appointed as the company's executive director and president.
3. The report said that Apple (AAPL.O) plans to cut the iPad Mini product line with a screen size of less than 10 inches in 2025 and instead launch a foldable iPad product line.
4. TSM.N's sales in November increased 50.2% year over year to NT$222.71 billion.
5. Broadcom (AVGO.O) Q4 revenue was US$8.93 billion, and net profit increased 68.9% year-on-year to US$3.359 billion; revenue for the first fiscal quarter of fiscal year 2023 is expected to be around US$8.9 billion, higher than market expectations.
6. DocuSign (DOCU.O)'s fiscal year 2023 Q3 revenue increased 18.36% year over year to US$645 million, raising revenue expectations for FY2023 to US$24.93-2,497 billion.
7. Lululemon (LULU.O) Q3 revenue increased 28% year over year to US$1,857 million, and net profit increased 35.6% year over year to US$255 million. Q4 revenue guidance fell short of expectations.
8. COST.O (COST.O)'s Q1 revenue for fiscal year 2023 increased 8.1% year over year to $54.437 billion, slightly lower than market expectations; net profit increased 3% year over year to US$1,364 billion.
9. Pfizer (PFE.N) and BioNTech SE (BNTX.O)'s MRNA COVID-19 and influenza vaccine candidates have been qualified for the US Food and Drug Administration's rapid review channel.
10. JinkoSolar (JKS.N): The conversion efficiency of 182N single-crystal passivated contact (TopCon) batteries reached a new high, reaching 26.4%.
11. Activision Blizzard (ATVI.O) CEO: The Microsoft (MSFT.O) takeover deal will continue after the US Federal Trade Commission (FTC) allegation that the deal could hurt competition is untrue.
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