[Morning Report] On the 30th before FOMC, Microsoft falls outside of high-tech sales acceleration time, and AMD rises to receive financial results

moomooニュース米国株 wrote a column · 6 hours ago

[Morning Report] On the 30th before FOMC, Microsoft falls outside of high-tech sales acceleration time, and AMD rises to receive financial results

Good morning to all Moomoo users!Here are the key points of this morning's first report.

● [Tokyo Stock Exchange Rate Forecast Range] 0.03 million7900 yen - 0.03 million8200 yen (30-day closing price 0.03 million8525 yen 95 sen)
● Israeli military retaliates for airstrikes on the Golan Heights with air strikes on Beirut
● High-tech sales will accelerate on the 30th ahead of financial results between FOMC and major tech companies
● The appreciation of the yen strengthened, the dollar and yen plummeted, and observational reports that the Bank of Japan is considering raising interest rates
●New Treasurer Mimura's remarks “the disadvantages of the depreciation of the yen stand out”
● Microsoft fell 6% outside of hours when financial results were received, and Azure's growth slowed from the previous quarter
● AMD rises outside of settlement time, new AI processors suggest a boost to growth
● “Shares bought!” the day before Total Zalai — What are the expected stocks leading up to today? ―Japanese stocks
● “Shares sold!” the day before Total Zalai — What's the impact on today? ―Japanese stocks
-MOOMOO NEWS Amelia

Market Overview
In the US stock market on the 30th, the NY Dow Jones Industrial Average rebounded to 0.04 million743 dollars 33 cents, 203 dollars 40 cents higher than the previous business day. The Nasdaq Composite Stock Price Index fell 222.784 points to 0.01 million7147.417. It is expected that the Tokyo stock market will have rough developments on the 31st.

Top news
Ahead of financial results between FOMC and major tech companies, high-tech sales accelerated on the 30th
This week, ahead of the US Federal Reserve (Fed)'s decision on policy interest rates and the announcement of US employment statistics, investors have not lost their cautious stance. Although the Dow average rebounded on the 30th, high-tech stocks were once again pushed back to sales, and the NASDAQ and SOX indices depreciated drastically. By industry, semiconductors and automobiles declined, and finance and energy rose.

The yield on 10-year US bonds declined. While there was a strong sense of wait-and-see ahead of the FOMC, evasion purchases were seen as Israel targeted the Hezbollah commander and attacked Beirut. (”Israeli military retaliates for airstrikes on the Golan Heights in Beirut(See”)

Regarding the current FOMC, “based on inflation and labor market trends, it should be possible to suggest that there is a very high possibility that interest rates will be cut at the next FOMC in September.” (”The Fed's interest rate cuts are finally in sightThe view that (see”) is the mainstream. On the other hand, if there is no signal to cut interest rates in September, it could be a negative surprise for the market.

The appreciation of the yen strengthened, the dollar and yen plummeted, and observational reports that the Bank of Japan is considering raising interest rates = NY exchange rate overview
The appreciation of the yen intensified in the NY exchange market on the 30th, and the dollar yen plummeted to the 152 yen level. It had been bought back up to 155 yen at 1 o'clock in Tokyo time. Beginning in NY time, observation reports of tomorrow's Bank of Japan decision meeting were circulated, and along with a reduction in government bond purchases, it was reported that interest rate hikes that were thought to be postponed this time would be examined induced yen purchases. It is said that interest rate hikes to around 0.25% will be discussed.

New Treasurer Mimura says “the disadvantages of the depreciation of the yen are conspicuous”
Treasurer Kanda will retire on 7/31, and Mr. Jun Mimura will be newly appointed as treasurer. New Treasurer Mimura responded to interviews with Reuters and Bloomberg, respectively. Mr. Mimura pointed out that the recent depreciation of the yen has had more negative effects than positive effects on the Japanese economy, leading to increases in energy prices and food prices. If it is really necessary, they will comprehensively examine it from various angles and “act,” he said.

Microsoft falls 6% outside of hours when financial results are received, and Azure's growth has slowed since the previous quarter
$Microsoft(MSFT.US)$It fell outside of hours. Financial results for the fiscal year ending April to June (fourth quarter) were announced after closing, and both earnings per share and sales exceeded expectations. However, stock prices had a dull reaction outside of hours. Cloud revenue was within the expected range, and the content was unsatisfactory, and the fact that Azure's growth slowed on a quarterly basis is disgusting.

AMD rises outside of time to receive financial results, new AI processors suggest boosting growth
$Advanced Micro Devices(AMD.US)$It has risen outside of hours. Financial results for the fiscal year ending April-June (2nd quarter) were announced after closing, and both earnings per share and sales exceeded expectations. Sales in the data center division have exceeded expectations. Guidance for the third quarter has also been announced, indicating that sales are expected to slightly exceed expectations. It was suggested that new AI processors are boosting growth.

Starbucks's lackluster financial results also rise overtime
$Starbucks(SBUX.US)$It has risen outside of hours. Financial results for the fiscal year ending April-June (3rd quarter) were announced after closing, and the decline in existing store sales increased more than expected. America and China weren't as bright as expected. Sales have also fallen short of expectations. However, stock prices have risen. It seems that they are focusing on the fact that profit per share exceeded expectations.

Other US Stock Earnings Digests
☆ $Pfizer(PFE.US)$The forecast for the April-6 fiscal year is higher than expected revised upward
☆ $Procter & Gamble(PG.US)$Profit increase and sales fall short of expectations for the April-6 fiscal year
☆ $PayPal(PYPL.US)$The forecast for the April-6 fiscal year is higher than expected revised upward
☆ $Merck & Co(MRK.US)$Profit forecasts for the April-6 fiscal year were revised downward, which exceeded expectations
☆ $Denny's(DENN.US)$Sales declined and operating profit declined for the April-6 fiscal year