Outlook for the USA market: NVIDIA surpasses $150, Bitcoin surpasses $0.09 million8000, with $0.1 million within range.
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Tonight's analysis of NY stocks.![]()
Market Overview
The U.S. market started with the Dow Jones Industrial Average, composed of high-quality stocks, rising by $130.23 to $43,538.70. The tech-heavy Nasdaq Composite Index started up by 106.64 points at 19,072.78. The S&P 500, consisting of 500 large-cap stocks, rose by 23.47 points to 5,940.58.
The U.S. market started with the Dow Jones Industrial Average, composed of high-quality stocks, rising by $130.23 to $43,538.70. The tech-heavy Nasdaq Composite Index started up by 106.64 points at 19,072.78. The S&P 500, consisting of 500 large-cap stocks, rose by 23.47 points to 5,940.58.
Top News
Outlook for tonight
● $NVIDIA (NVDA.US)$ The stock price of the company fell temporarily by 2.6% after hours. The company, which is an AI chip maker, announced that its revenue for the current quarter exceeded Wall Street's financial estimates, but the margin of outperformance compared to the past few quarters was small. Considering that the stock price has surged by 850% in the past 2 years, it is believed that significantly exceeding market expectations was necessary for further increase.
Outlook for tonight
● $NVIDIA (NVDA.US)$ The stock price of the company fell temporarily by 2.6% after hours. The company, which is an AI chip maker, announced that its revenue for the current quarter exceeded Wall Street's financial estimates, but the margin of outperformance compared to the past few quarters was small. Considering that the stock price has surged by 850% in the past 2 years, it is believed that significantly exceeding market expectations was necessary for further increase.
- Ukraine announced that Russia had launched an ICBM (Intercontinental Ballistic Missile) in its attack on the country. This is reported to be the first instance of such long-range missiles being used in this war. In response to this news, the stock market temporarily declined, and oil prices rose.
● $Bitcoin (BTC.CC)$ Bitcoin is approaching the milestone of 0.1 million dollars. A U.S.-listed exchange-traded fund (ETF) directly investing in digital currencies has exceeded total assets of 100 billion dollars.
● $Bitcoin (BTC.CC)$ Bitcoin is approaching the milestone of 0.1 million dollars. A U.S.-listed exchange-traded fund (ETF) directly investing in digital currencies has exceeded total assets of 100 billion dollars.
US - Initial jobless claims for the previous week/ November Philadelphia Fed Manufacturing Business Outlook Survey Index
The number of new initial jobless claims in the US last week announced at 10:30 pm Japan time on the 21st fell below expectations and was 0.213 million cases.
The number of new initial jobless claims in the US last week announced at 10:30 pm Japan time on the 21st fell below expectations and was 0.213 million cases.
A new star emerges in the AI boom! Surpassing NVIDIA with an eightfold surge this year, software stocks take the lead on the AI stage.
Funds are suddenly pouring explosively into the AI software sector.After November 2023, $Microsoft (MSFT.US)$ 365Copilot from moomoo and Firefly from nvidia represent multiple AI applications. $Adobe (ADBE.US)$ 365Copilot from moomoo and Firefly from nvidia represent multiple AI applications.正式に有料化を開始andAI applications have entered the stage of commercialization.This indicates that one year has passed since the commercialization of AI applications, and overseas funding.Investment in AI is transitioning from hardware to software, with the value of vertical software companies being rapidly realized and the future of applications becoming clearer.It is becoming more evident that the value of vertical software companies is being rapidly realized and the future of applications is becoming clearer.
Funds are suddenly pouring explosively into the AI software sector.After November 2023, $Microsoft (MSFT.US)$ 365Copilot from moomoo and Firefly from nvidia represent multiple AI applications. $Adobe (ADBE.US)$ 365Copilot from moomoo and Firefly from nvidia represent multiple AI applications.正式に有料化を開始andAI applications have entered the stage of commercialization.This indicates that one year has passed since the commercialization of AI applications, and overseas funding.Investment in AI is transitioning from hardware to software, with the value of vertical software companies being rapidly realized and the future of applications becoming clearer.It is becoming more evident that the value of vertical software companies is being rapidly realized and the future of applications is becoming clearer.
In 2024, the divergence between Walmart and Target is widening.
● In 2024, $Walmart (WMT.US)$ and $Target (TGT.US)$ The earnings reports of 【3】【4】both companies indicate a clear distinction in their stock prices. Walmart's stock has surged by 66% this year, while Target's stock has plummeted by 15% due to downward revisions in profit forecasts.
The disappointing earnings of Target have raised concerns that the company is losing market share to Walmart and Amazon. Citigroup and deutsche bank announced the downgrade of Target due to concerns about deteriorating market share and investment needs.
Walmart's market share expansion is mainly derived from affluent consumer segments, while Target is seen as facing increasing risks of losing further market share. In addition, analysts are focusing on Walmart's high-profit margin ancillary businesses such as digital advertising and third-party marketplaces.
Earnings reports from the retail industry continue, with attention on the results of Gap and Ross Stores, as well as the upcoming earnings announcements from Dollar Tree and Dollar General in early December.
● In 2024, $Walmart (WMT.US)$ and $Target (TGT.US)$ The earnings reports of 【3】【4】both companies indicate a clear distinction in their stock prices. Walmart's stock has surged by 66% this year, while Target's stock has plummeted by 15% due to downward revisions in profit forecasts.
The disappointing earnings of Target have raised concerns that the company is losing market share to Walmart and Amazon. Citigroup and deutsche bank announced the downgrade of Target due to concerns about deteriorating market share and investment needs.
Walmart's market share expansion is mainly derived from affluent consumer segments, while Target is seen as facing increasing risks of losing further market share. In addition, analysts are focusing on Walmart's high-profit margin ancillary businesses such as digital advertising and third-party marketplaces.
Earnings reports from the retail industry continue, with attention on the results of Gap and Ross Stores, as well as the upcoming earnings announcements from Dollar Tree and Dollar General in early December.
The strength of the dollar resurges, posing challenges in the growing global foreign exchange market = GS.
●Goldman Sachs predicts that the dollar will recover 'stronger and more sustainable' by 2025. This prediction is based on the resilience of the US economy, the attractiveness of capital flows, and the potential revival of tariff policies by Trump.
The company asserts that if the Trump administration's tariff policies are reinstated, there is a high likelihood that it will be implemented more swiftly and directly. This would further enhance the competitiveness of the dollar and act as a factor in curbing the performance of other major currencies.
In an environment of a strong dollar, major currencies such as the Euro, Yen, and Pound are expected to face downward pressure. The Euro may even fall below parity (1 dollar = 1 Euro).
Goldman remains bullish on the dollar, but also points out the downside risks to the dollar if the global economic recovery exceeds expectations, trade policy uncertainties diminish, and the Federal Reserve (FRB) continues to cut interest rates.
Furthermore, Goldman emphasizes that despite the strong position of the dollar, there remains uncertainty in the market's attitude towards tariff policies, highlighting the possibility of other currencies rebounding in the short term.
●Goldman Sachs predicts that the dollar will recover 'stronger and more sustainable' by 2025. This prediction is based on the resilience of the US economy, the attractiveness of capital flows, and the potential revival of tariff policies by Trump.
The company asserts that if the Trump administration's tariff policies are reinstated, there is a high likelihood that it will be implemented more swiftly and directly. This would further enhance the competitiveness of the dollar and act as a factor in curbing the performance of other major currencies.
In an environment of a strong dollar, major currencies such as the Euro, Yen, and Pound are expected to face downward pressure. The Euro may even fall below parity (1 dollar = 1 Euro).
Goldman remains bullish on the dollar, but also points out the downside risks to the dollar if the global economic recovery exceeds expectations, trade policy uncertainties diminish, and the Federal Reserve (FRB) continues to cut interest rates.
Furthermore, Goldman emphasizes that despite the strong position of the dollar, there remains uncertainty in the market's attitude towards tariff policies, highlighting the possibility of other currencies rebounding in the short term.
United Kingdom as a tariff avoidance haven.
●Following Donald Trump's election victory, the UK stock market is once again attracting the attention of investors. One reason for this is that the UK market is perceived to be less affected by US tariffs compared to other European markets. In addition, the FTSE100 index has a low price-earnings ratio (PER) and offers high dividends, making it a focal point for the bullish camp.
FTSE is expected to be highlighted as a high-quality investment option that provides very cheap and high dividend yield over the next 6-12 months, according to Michael Brown, Chief Investment Officer (CIO) at Martin Currie Investment Management. "We are currently pursuing a similar strategy," he continued.
●Following Donald Trump's election victory, the UK stock market is once again attracting the attention of investors. One reason for this is that the UK market is perceived to be less affected by US tariffs compared to other European markets. In addition, the FTSE100 index has a low price-earnings ratio (PER) and offers high dividends, making it a focal point for the bullish camp.
FTSE is expected to be highlighted as a high-quality investment option that provides very cheap and high dividend yield over the next 6-12 months, according to Michael Brown, Chief Investment Officer (CIO) at Martin Currie Investment Management. "We are currently pursuing a similar strategy," he continued.
US Justice Department strengthens antitrust proposals, demands separation of Android and Chrome from Google.
●The US Department of Justice is $Alphabet-C (GOOG.US)$ Proposed further strengthening of antitrust regulations against Google, in addition to the separation of Chrome, proposed the separation of the Android system and restrictions on AI training.
If the proposal is approved, Google could be prohibited from re-entering the browser market for the next 5 years, and may be required to withdraw investments from the search engine and advertising technology fields.
Google strongly opposes this proposal, claiming that the separation of core products would harm consumer interests and affect the company's global technological competitiveness.
●The US Department of Justice is $Alphabet-C (GOOG.US)$ Proposed further strengthening of antitrust regulations against Google, in addition to the separation of Chrome, proposed the separation of the Android system and restrictions on AI training.
If the proposal is approved, Google could be prohibited from re-entering the browser market for the next 5 years, and may be required to withdraw investments from the search engine and advertising technology fields.
Google strongly opposes this proposal, claiming that the separation of core products would harm consumer interests and affect the company's global technological competitiveness.
ETFs record the highest ever inflow of funds
Against the backdrop of the enthusiastic rise in stock markets worldwide, exchange-traded funds (ETFs) are having an excellent year. According to Bloomberg Intelligence data, global ETFs have recorded $1.5 trillion in inflows so far, with record inflows in all regions. Moreover, there are still over 5 weeks left until the end of the year. Additionally, December is historically known as a strong month for inflows into these low-cost products designed for general investors.
Against the backdrop of the enthusiastic rise in stock markets worldwide, exchange-traded funds (ETFs) are having an excellent year. According to Bloomberg Intelligence data, global ETFs have recorded $1.5 trillion in inflows so far, with record inflows in all regions. Moreover, there are still over 5 weeks left until the end of the year. Additionally, December is historically known as a strong month for inflows into these low-cost products designed for general investors.
moomoo News Zeber
Source: moomoo, Bloomberg, Fisco
This article utilizes auto-translation in some parts.
Source: moomoo, Bloomberg, Fisco
This article utilizes auto-translation in some parts.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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