SMCI
Super Micro Computer
-- 40.210 PLTR
Palantir
-- 70.960 NVDA
NVIDIA
-- 140.260 TSLA
Tesla
-- 351.420 INTC
Intel
-- 22.470 Morning report: Expectations for interest rate cuts are increasing, Parantia hits a 7% high for the first time since listing, amidst fluctuating trends in the Korean emergency declaration.
Good morning to all Moomoo users!![]()
Here are the key points of the early morning report today.
●[Tokyo stock market price range estimate] ¥8,900-¥9,400 (closing price on the 3rd: ¥9,248.86).
●Expectations for additional interest rate cuts in the U.S. are growing stronger following statements from an FRB director.
The number of job openings in the US in October exceeded expectations, indicating a resilient job market.
South Korea lifts emergency martial law, causing volatility in the USD/JPY exchange rate.
Salesforce in the USA experiences revenue and profit growth in the August to October period, leading to a rise in stock price.
Individual stock information in the USA: Tesla, Palantir, Amazon, etc.
With a 90% chance of rising! Have the stage been set for the year-end rally in US stocks? What are the target stocks for December?
● "Trump 2.0" Large-scale permanent tax cuts and tariff hikes are key. What industries and stocks should we pay attention to?
●Stocks that moved the previous day ~ Japanese stocks
- Moomoo News Julie
●Expectations for additional interest rate cuts in the U.S. are growing stronger following statements from an FRB director.
The number of job openings in the US in October exceeded expectations, indicating a resilient job market.
South Korea lifts emergency martial law, causing volatility in the USD/JPY exchange rate.
Salesforce in the USA experiences revenue and profit growth in the August to October period, leading to a rise in stock price.
Individual stock information in the USA: Tesla, Palantir, Amazon, etc.
With a 90% chance of rising! Have the stage been set for the year-end rally in US stocks? What are the target stocks for December?
● "Trump 2.0" Large-scale permanent tax cuts and tariff hikes are key. What industries and stocks should we pay attention to?
●Stocks that moved the previous day ~ Japanese stocks
- Moomoo News Julie
Market Overview
◇On December 3, the U.S. market was relatively flat, but the S&P 500 index hit its 55th record high of the year.Led by The Magnificent Seven.The Nasdaq index also reached a new high. Following the statement from the Federal Reserve Chairman, expectations of interest rate cuts have risen again. The October job vacancies in the USA also demonstrated the resilience of the job market. The US employment statistics on December 6 are set to be the focus.
◇The yen fluctuated due to the state of emergency declaration in south korea. South korean president yoon declared a state of emergency, leading to a temporary acceleration of yen purchases as a risk-averse measure. However, the south korean national assembly approved a resolution calling for the lifting of the state of emergency, causing the yen purchases to ease. When US job openings in October exceeded expectations and US long-term interest rates rose, dollar selling also retreated.
◇On the 4th, the Tokyo stock market became a battleground of strength and weakness centered on leading stocks, and the Nikkei average stock price is likely to be in a consolidating phase near the previous day's closing price.
◇The yen fluctuated due to the state of emergency declaration in south korea. South korean president yoon declared a state of emergency, leading to a temporary acceleration of yen purchases as a risk-averse measure. However, the south korean national assembly approved a resolution calling for the lifting of the state of emergency, causing the yen purchases to ease. When US job openings in October exceeded expectations and US long-term interest rates rose, dollar selling also retreated.
◇On the 4th, the Tokyo stock market became a battleground of strength and weakness centered on leading stocks, and the Nikkei average stock price is likely to be in a consolidating phase near the previous day's closing price.
Top News
Economic indicators, job openings exceed expectations.
The number of US job openings in October (Job Openings and Labor Turnover Survey, JOLTS) reached 7.744 million. This was higher than the expected increase from 7.372 million in September. The figure for September was revised downward from 7.372 million to 7.443 million.
Economic indicators, job openings exceed expectations.
The number of US job openings in October (Job Openings and Labor Turnover Survey, JOLTS) reached 7.744 million. This was higher than the expected increase from 7.372 million in September. The figure for September was revised downward from 7.372 million to 7.443 million.
Expectations for additional US interest rate cuts are increasing following statements from the Federal Reserve Board (FRB) officials.
◇Christopher Waller, a member of the Federal Reserve's Federal Open Market Committee (FOMC), stated on the 2nd that he is leaning towards supporting further rate cuts at the December FOMC meeting. As a result, there is growing speculation in the market of three consecutive rate cuts.
◇According to CME's FedWatch Tool, the probability of a 0.25% rate cut in December has increased from 60% the previous day to 70%.
◇Christopher Waller, a member of the Federal Reserve's Federal Open Market Committee (FOMC), stated on the 2nd that he is leaning towards supporting further rate cuts at the December FOMC meeting. As a result, there is growing speculation in the market of three consecutive rate cuts.
◇According to CME's FedWatch Tool, the probability of a 0.25% rate cut in December has increased from 60% the previous day to 70%.
South Korea, State of Emergency → Lifted
President Moon of South Korea declared a state of emergency late at night amidst escalating political tensions. In response, South Korean lawmakers approved a resolution calling for the lifting of the state of emergency. The ruling party, the 'People Power Party,' also supported the decision. According to the country's constitution, if a majority of the total members of the parliament vote to lift the state of emergency, the President must comply. President Moon mentioned toward the end that he will lift the state of emergency. While surprising investors, the impact on the US stock market has been limited.
President Moon of South Korea declared a state of emergency late at night amidst escalating political tensions. In response, South Korean lawmakers approved a resolution calling for the lifting of the state of emergency. The ruling party, the 'People Power Party,' also supported the decision. According to the country's constitution, if a majority of the total members of the parliament vote to lift the state of emergency, the President must comply. President Moon mentioned toward the end that he will lift the state of emergency. While surprising investors, the impact on the US stock market has been limited.
Individual Stock Trends in the US Stock Market
Salesforce in the USA reported an increase in revenue and profit for the 8-10 month period, leading to a rise in stock price.
Leading customer relationship management (CRM) service provider, $Salesforce (CRM.US)$ During the 8-10 month period (Q3) announced by Salesforce on the 3rd, they recorded higher revenue than market expectations. This was contributed by high-profile artificial intelligence (AI) integrated agent systems. As a result, the full-year revenue forecast for the fiscal year ending January 2025 was raised.
Salesforce in the USA reported an increase in revenue and profit for the 8-10 month period, leading to a rise in stock price.
Leading customer relationship management (CRM) service provider, $Salesforce (CRM.US)$ During the 8-10 month period (Q3) announced by Salesforce on the 3rd, they recorded higher revenue than market expectations. This was contributed by high-profile artificial intelligence (AI) integrated agent systems. As a result, the full-year revenue forecast for the fiscal year ending January 2025 was raised.
◇ $Tesla (TSLA.US)$Passengers carried in China fell by 1.6%. The provisional sales volume in China for November was 0.078856 million units, a 4.3% decrease from the same month last year. Intense competition with local rivals impacted this, although it was a 15.5% increase from October.
◇ $Palantir (PLTR.US)$ rose by 6.9%, reaching a new all-time high since listing. They announced obtaining U.S. government certification for two of their cloud services, which was perceived as a buying factor.
◇ $Amazon (AMZN.US)$ Rise by 1.3%. Recording the highest sales ever before and after Thanksgiving, Amazon Web Services (AWS) in the cloud computing division further announced the development plan for the powerful AI supercomputer 'Ultracuster' equipped with hundreds of thousands of their own designed semiconductors 'Trellium' and new servers.
◇ $AT&T (T.US)$ Rose by 4.6%. The company's strong outlook presented at an investor briefing was well received, leading analysts to raise their investment rating.
◇ $Zscaler (ZS.US)$ Decreased by 4.7% post earnings. Although the earnings per share and billing (sales considering accounts receivable) for the August-October period exceeded expectations, revenue fell short of expectations. The guidance revised the full-year outlook upwards, but the earnings per share outlook for November-January fell below expectations.
Okta of the USA, exceeded expectations for the August-October period, resulting in an upward revision of the full-year outlook.
Engaged in a cloud-based corporate ID management system $Okta (OKTA.US)$ Stem Inc announced its financial results for the August-October 2024 period (Q3), exceeding company estimates. Investments in the public sector and large customers have paid off. In response to this, the company has raised its performance outlook for the January 2025 period.
There is a 90% chance of an increase! Are the stage set for the american stocks' year-end rally? What are the hot stocks for December?
US stocks have reached record highs since the beginning of this year, but considering recent significant performance and historical trends, market sentiment is high, and there still seems to be room for more gains until the end of the year.
Engaged in a cloud-based corporate ID management system $Okta (OKTA.US)$ Stem Inc announced its financial results for the August-October 2024 period (Q3), exceeding company estimates. Investments in the public sector and large customers have paid off. In response to this, the company has raised its performance outlook for the January 2025 period.
There is a 90% chance of an increase! Are the stage set for the american stocks' year-end rally? What are the hot stocks for December?
US stocks have reached record highs since the beginning of this year, but considering recent significant performance and historical trends, market sentiment is high, and there still seems to be room for more gains until the end of the year.
"Trump 2.0"- The key to large-scale permanent tax cuts and tariff hikes. What industries and stocks should we focus on?
Comparing the economic policies of "Trump Cabinet 2.0" and "Trump Cabinet 1.0", they both share a common point of advocating for large-scale tax cuts domestically.
Comparing the economic policies of "Trump Cabinet 2.0" and "Trump Cabinet 1.0", they both share a common point of advocating for large-scale tax cuts domestically.
Stocks that moved the day before ~ Japanese Stocks
◇ $Nidec (6594.JP)$ 2868 +119.5, The stock price of US supplier Super Micro surged, providing a boost.
◇ $Shibaura Mechatronics (6590.JP)$ 8560 +770, With semiconductor stocks rising, the momentum for a rebound is strengthening as well.
◇ $Disco (6146.JP)$ 43840 + 2510, Excessive caution fades following the new semiconductor export control measures in the USA.
◇ $Nidec (6594.JP)$ 2868 +119.5, The stock price of US supplier Super Micro surged, providing a boost.
◇ $Shibaura Mechatronics (6590.JP)$ 8560 +770, With semiconductor stocks rising, the momentum for a rebound is strengthening as well.
◇ $Disco (6146.JP)$ 43840 + 2510, Excessive caution fades following the new semiconductor export control measures in the USA.
Foreign exchange
Key Market Events
December 4th (Wednesday)
Good luck day, Moon age 2.9
"2 wins 8 losses" (yin-yang star picking of the Nikkei average over the past 10 years)
【Domestic Companies】
TMH <280A>: Listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange.
Overseas
China's Caixin Services PMI for November (10:45)
Germany's Services PMI for November [Final] (17:55)
Eurozone Services PMI for November [Final] (18:00)
Eurozone Producer Price Index for October (19:00)
USA MBA Housing Loan Application Index (21:00)
★ ADP Employment Statistics in the USA for November (22:15)
□ USA Services PMI for November [Final Value] (23:45)
★ USA ISM Non-Manufacturing Business Activity Index for November (5th 0:00)
□ USA October Manufacturing New Orders (5th 0:00)
□ USA October Durable Goods Orders [Final Value] (5th 0:00)
□ USA Weekly Crude Oil Inventory (5th 0:30)
□ Federal Reserve Chair Powell participating in a discussion hosted by the New York Times (5th 3:45)
Federal Reserve Beige Book Economic Report (5th, 4:00)
Overseas Earnings
Dollar Tree [USA]
December 4th (Wednesday)
Good luck day, Moon age 2.9
"2 wins 8 losses" (yin-yang star picking of the Nikkei average over the past 10 years)
【Domestic Companies】
TMH <280A>: Listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange.
Overseas
China's Caixin Services PMI for November (10:45)
Germany's Services PMI for November [Final] (17:55)
Eurozone Services PMI for November [Final] (18:00)
Eurozone Producer Price Index for October (19:00)
USA MBA Housing Loan Application Index (21:00)
★ ADP Employment Statistics in the USA for November (22:15)
□ USA Services PMI for November [Final Value] (23:45)
★ USA ISM Non-Manufacturing Business Activity Index for November (5th 0:00)
□ USA October Manufacturing New Orders (5th 0:00)
□ USA October Durable Goods Orders [Final Value] (5th 0:00)
□ USA Weekly Crude Oil Inventory (5th 0:30)
□ Federal Reserve Chair Powell participating in a discussion hosted by the New York Times (5th 3:45)
Federal Reserve Beige Book Economic Report (5th, 4:00)
Overseas Earnings
Dollar Tree [USA]
Source: Dow Jones, MINKABU, Trader's Web, Fisco
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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