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US market outlook: Pay attention to Tesla's financial results tomorrow, and the Nasdaq Composite Stock Price Index starts at 32.70 points lower

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moomooニュース米国株 wrote a column · Jul 18, 2023 08:33
US market outlook: Pay attention to Tesla's financial results tomorrow, and the Nasdaq Composite Stock Price Index starts at 32.70 points lower
Good evening to all Moomoo users!This is the reading for tonight's NY stock.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 11.73 dollars to 34597.08 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 32.70 points and began at 14212.25. The S&P 500 average, which consists of stocks of 500 large American stocks, depreciated 1.01 points to 4521.78.
US market outlook: Pay attention to Tesla's financial results tomorrow, and the Nasdaq Composite Stock Price Index starts at 32.70 points lower
Top news
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US EV sales increased 49% from April to June, Tesla has a 60% market share, and Hyundai ranks 2nd
Sales of electric vehicles (EVs) are growing in the US. According to private sector surveys, the number of units sold from April to June 2023 was 296,100 units, an increase of 49% compared to the same period last year. By manufacturer, the largest rice $Tesla(TSLA.US)$The market share was close to 60% with a 35% increase. Korea's Hyundai Motor Group is in the U.S. $General Motors(GM.US)$ Yayo $Ford Motor(F.US)$They held back and were in 2nd place.
UPDATE - [Earnings Update] Bankame (BAC) Exceeds Market Expectations at $0.88 for EPS
$Bank of America(BAC.US)$The 23Q2 financial results (2nd quarter) were announced shortly before, and both EPS (after adjustment) and ordinary income (after adjustment) exceeded expectations.
[Earnings Preview] Pay attention to bullish predictions! Will Tesla, which has strong sales, turn to an increase in profit?
$Tesla(TSLA.US)$It is scheduled to announce financial results for the 23/2Q (April-June) on 7/19. According to the analyst consensus (as of 7/10) compiled by Bloomberg, sales for 2023/2Q (April-June) increased 45% to 24.66 billion dollars, and adjusted EPS fell 64% to 0.817 dollars.
MUFG to integrate with Morgan S, securities research divisions, etc. - deepening partnership
$Mitsubishi UFJ Financial Group(MUFG.US)$and rice, a capital partner $Morgan Stanley(MS.US)$On the 18th, it was announced that some functions, such as investigation departments, where operations had overlapped until now will be integrated for the two domestic joint venture securities companies. Collaboration will also begin in foreign exchange trading business. Deepen the strategic capital alliance concluded in 2008.
Distribution source: Bloomberg, Dow Jones, Nihon Keizai Shimbun
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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