- Morning report: Is the new AI smartphone from Apple the beginning of a very powerful cycle? The US Department of Justice files another antitrust lawsuit against Google.
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This morning's key points are here![]()
●[Tokyo Stock Market Forecast Range] ¥600,000 - ¥640,000 (Closing price on the 9th: ¥621,575)
●Apple announces new iPhone with AI integration
●Will the new iPhone with the same price mark the beginning of a 'very powerful 2-year cycle'?
●U.S. Department of Justice files another lawsuit against Google, possibly violating antitrust laws in ad tech
●Oracle's post-earnings, the stock rises 8% after hours, driven by AI demand
●Eli Lilly promotes Mr. Montarcel to CFO
●Seven & i refutes the Canadian industry under acquisition proposal, saying "there is no basis or material to discuss"
- moomoo News Mark
●[Tokyo Stock Market Forecast Range] ¥600,000 - ¥640,000 (Closing price on the 9th: ¥621,575)
●Apple announces new iPhone with AI integration
●Will the new iPhone with the same price mark the beginning of a 'very powerful 2-year cycle'?
●U.S. Department of Justice files another lawsuit against Google, possibly violating antitrust laws in ad tech
●Oracle's post-earnings, the stock rises 8% after hours, driven by AI demand
●Eli Lilly promotes Mr. Montarcel to CFO
●Seven & i refutes the Canadian industry under acquisition proposal, saying "there is no basis or material to discuss"
- moomoo News Mark
Market Overview
In the U.S. stock market on the 9th, the NY Dow Jones Industrial Average closed up 484.18 points at 0.04829 million 59 cents, and the Nasdaq Composite Index closed at 193.771 points at 0.016884.603, both showing a rebound. The Tokyo stock market on the 10th is expected to develop in a buying trend, with a high possibility of a rebound in the Nikkei Stock Average for the first time in six days. Until the previous day, the Nikkei average showed a drop of nearly 2500 yen over the past five days, and a rebound phase due to overselling is anticipated.
In the U.S. stock market on the 9th, the NY Dow Jones Industrial Average closed up 484.18 points at 0.04829 million 59 cents, and the Nasdaq Composite Index closed at 193.771 points at 0.016884.603, both showing a rebound. The Tokyo stock market on the 10th is expected to develop in a buying trend, with a high possibility of a rebound in the Nikkei Stock Average for the first time in six days. Until the previous day, the Nikkei average showed a drop of nearly 2500 yen over the past five days, and a rebound phase due to overselling is anticipated.
Top news
Apple announces the release of a new iPhone with AI integration.
Rice $Apple (AAPL.US)$At the product launch event held on the 9th, they showcased the new generation iPhone. In the presentation, they highlighted the artificial intelligence (AI) function of the basic software (OS). The new AI function, "Apple Intelligence," is compatible with the new models, "iPhone 16" and "iPhone 15 Pro." It incorporates various features including an improved version of the voice assistant "Siri," as well as functions for creating various types of text and image editing.
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It is reported that the Arm is rising and the chip used in the iPhone 16 adopts new technology = individual US stocks.
Apple announces the release of a new iPhone with AI integration.
Rice $Apple (AAPL.US)$At the product launch event held on the 9th, they showcased the new generation iPhone. In the presentation, they highlighted the artificial intelligence (AI) function of the basic software (OS). The new AI function, "Apple Intelligence," is compatible with the new models, "iPhone 16" and "iPhone 15 Pro." It incorporates various features including an improved version of the voice assistant "Siri," as well as functions for creating various types of text and image editing.
Related articles
It is reported that the Arm is rising and the chip used in the iPhone 16 adopts new technology = individual US stocks.
Is the new iPhone with unchanged price the beginning of a very powerful 2-year cycle?
Apple's stock price fell as much as 1.8% early on, but rose by 0.04% to $220.91 after the announcement event of the new iPhone, and ended the trading day.
Regarding the fact that the price of the iPhone 16 has remained unchanged from "15", Matt Farrell of Piper Sandler evaluates it as "We see this in a positive light. Stable price movements can help trend consumer discretionary spending amid signs of weakness."
Amit Darianani, an analyst at Evercore ISI, continues to believe that "We are in the beginning of a very strong 2-year iPhone cycle."
The same person also believes that upgrades to Apple Watch and AirPods cannot be ignored. "AirPods with active noise cancellation will be $50 more expensive than those without," and he is also interested in the new sleep apnea notification feature of Apple Watch.
Apple's stock price fell as much as 1.8% early on, but rose by 0.04% to $220.91 after the announcement event of the new iPhone, and ended the trading day.
Regarding the fact that the price of the iPhone 16 has remained unchanged from "15", Matt Farrell of Piper Sandler evaluates it as "We see this in a positive light. Stable price movements can help trend consumer discretionary spending amid signs of weakness."
Amit Darianani, an analyst at Evercore ISI, continues to believe that "We are in the beginning of a very strong 2-year iPhone cycle."
The same person also believes that upgrades to Apple Watch and AirPods cannot be ignored. "AirPods with active noise cancellation will be $50 more expensive than those without," and he is also interested in the new sleep apnea notification feature of Apple Watch.
The US Department of Justice has filed a lawsuit against Google again, suspecting that it violated antitrust laws in ad tech.
In the federal court in Virginia on the 9th, the Justice Department began its opening statement in the lawsuit against Google. The Justice Department alleges that Google is illegally dominating the market for digital ad trading software known as "ad tech".
In the federal court in Virginia on the 9th, the Justice Department began its opening statement in the lawsuit against Google. The Justice Department alleges that Google is illegally dominating the market for digital ad trading software known as "ad tech".
Oracle's stock rose 8% after hours following its earnings report, with AI demand continuing to contribute to the increase in cloud business revenue. This contributed to the rise in individual U.S. stocks after hours.
$Oracle (ORCL.US)$The stock rose after hours. It announced its financial results for the period from June to August (first quarter), exceeding expectations for both earnings per share and revenue. This demonstrates the continued contribution of AI demand to the increase in the company's cloud computing business revenue. Katz, the CEO, stated in a press release, "The growth of operating profit and earnings per share has accelerated as our cloud service has become our largest business."
Related articles
Oracle's first quarter saw increased revenue and profit, with a 7% increase in revenue to $13.3 billion, a 21% increase in operating profit to $3.99 billion, and EPS of $1.03.
$Oracle (ORCL.US)$The stock rose after hours. It announced its financial results for the period from June to August (first quarter), exceeding expectations for both earnings per share and revenue. This demonstrates the continued contribution of AI demand to the increase in the company's cloud computing business revenue. Katz, the CEO, stated in a press release, "The growth of operating profit and earnings per share has accelerated as our cloud service has become our largest business."
Related articles
Oracle's first quarter saw increased revenue and profit, with a 7% increase in revenue to $13.3 billion, a 21% increase in operating profit to $3.99 billion, and EPS of $1.03.
Marijuana stocks rise as Trump expresses support, intending to align with the Biden administration's stance on individual US stocks.
The rise in cannabis stocks is prominent. Republican presidential candidate Trump has supported the relaxation of cannabis regulations and expressed support for the materialization of cannabis's Schedule III classification proposed by the Biden administration. Today, Trump expressed his intention to align with the Biden administration on lowering the federal classification of cannabis to a less restrictive level.
The rise in cannabis stocks is prominent. Republican presidential candidate Trump has supported the relaxation of cannabis regulations and expressed support for the materialization of cannabis's Schedule III classification proposed by the Biden administration. Today, Trump expressed his intention to align with the Biden administration on lowering the federal classification of cannabis to a less restrictive level.
Eli Lilly and Co: Mr. Montarce has been promoted to CFO.
US pharmaceutical giant $Eli Lilly and Co (LLY.US)$On the 9th, Veru Inc. announced the promotion of veteran executive Lucas Montarce, 47, to Chief Financial Officer (CFO). Mr. Montarce will also serve as Executive Vice President, CFO, and a member of the Executive Committee.
US pharmaceutical giant $Eli Lilly and Co (LLY.US)$On the 9th, Veru Inc. announced the promotion of veteran executive Lucas Montarce, 47, to Chief Financial Officer (CFO). Mr. Montarce will also serve as Executive Vice President, CFO, and a member of the Executive Committee.
Seven & I Holdings Co., Ltd. countered the Canadian counterpart, who is currently proposing an acquisition, saying that there is no basis or material for discussion.
$Seven & i Holdings (3382.JP)$On the 9th, Seven & I Holdings Co., Ltd. issued a statement stating that the proposed acquisition made by Canadian counterpart Alimentation Couche-Tard Inc. does not provide the basis or material for effective discussions on the matter. On the 8th, Couche-Tard had issued a statement urging Seven & I to enter into negotiations by signing a confidentiality agreement.
$Seven & i Holdings (3382.JP)$On the 9th, Seven & I Holdings Co., Ltd. issued a statement stating that the proposed acquisition made by Canadian counterpart Alimentation Couche-Tard Inc. does not provide the basis or material for effective discussions on the matter. On the 8th, Couche-Tard had issued a statement urging Seven & I to enter into negotiations by signing a confidentiality agreement.
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Main Market Events
Source: Various HPs, Dow Jones, MINKABU, MarketWatch, and Wealth Advisor
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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