Morning report: President Trump nominates Mr. Rutenic as Secretary of Commerce, Super Micro soars significantly, appoints a new auditing firm, and submits a compliance plan.
moomoo users, good morning!![]()
Here are the key points of the early morning report today.
Tokyo stock market price range forecast: 8000-8500 yen (closing price on the 19th: 8414.43 yen).
President Trump nominates Mr. Ross as Commerce Secretary.
● Super Micro rises sharply, appoints a new auditing firm and plans to submit to Nasdaq.
● SpaceX begins the fourth flight of Starship this year, landing the booster without catching it.
● Walmart exceeds expectations in the 8-10 month period, revises its outlook upward.
● Nestle lowers profit target for 25 years, expands investment to recover performance.
Blackstone is close to agreeing on the acquisition of Jersey Mike's Subs, according to sources familiar with the matter.
【Earnings Preview】Will Nvidia continue to decline following the previous quarter? Concerns about delayed deliveries to Blackwell again, what is the impact on performance?
moomoo News Kei
Tokyo stock market price range forecast: 8000-8500 yen (closing price on the 19th: 8414.43 yen).
President Trump nominates Mr. Ross as Commerce Secretary.
● Super Micro rises sharply, appoints a new auditing firm and plans to submit to Nasdaq.
● SpaceX begins the fourth flight of Starship this year, landing the booster without catching it.
● Walmart exceeds expectations in the 8-10 month period, revises its outlook upward.
● Nestle lowers profit target for 25 years, expands investment to recover performance.
Blackstone is close to agreeing on the acquisition of Jersey Mike's Subs, according to sources familiar with the matter.
【Earnings Preview】Will Nvidia continue to decline following the previous quarter? Concerns about delayed deliveries to Blackwell again, what is the impact on performance?
moomoo News Kei
Market Overview
The U.S. stock market on the 19th was mixed. While the Nasdaq Composite Index and the S&P500 Index continued to rise, the Dow Jones Industrial Average declined. With Nvidia's earnings coming the next day, IT stocks showed a better performance than the overall market. $NVIDIA (NVDA.US)$finished trading 4.9% higher. Major manufacturers of computers and servers. $Super Micro Computer (SMCI.US)$Rising sharply by 31.2%. To continue listing on the NASDAQ, it was considered a buying factor to submit a business plan to the regulatory authorities.
On the 20th, amid a cautious market sentiment in the Tokyo stock market, it is expected that the Nikkei Stock Average will continue to be in a relatively narrow range around the previous day's closing price.
On the 20th, amid a cautious market sentiment in the Tokyo stock market, it is expected that the Nikkei Stock Average will continue to be in a relatively narrow range around the previous day's closing price.
Top News
Mr. Trump nominates Mr. Ross as Secretary of Commerce.
Donald Trump, the upcoming President of the Republican Party, announced on the 19th that he would nominate Howard Ross, a veteran of Wall Street and a billionaire, as Secretary of Commerce. A fervent supporter of Trump in the financial industry is to take a key role in formulating the economic policies of the upcoming administration.
Related Article:Igniting the "cryptocurrency festival"! The Trump effect is spreading to domestic related stocks! Also 13 times year-to-date.
Mr. Trump nominates Mr. Ross as Secretary of Commerce.
Donald Trump, the upcoming President of the Republican Party, announced on the 19th that he would nominate Howard Ross, a veteran of Wall Street and a billionaire, as Secretary of Commerce. A fervent supporter of Trump in the financial industry is to take a key role in formulating the economic policies of the upcoming administration.
Related Article:Igniting the "cryptocurrency festival"! The Trump effect is spreading to domestic related stocks! Also 13 times year-to-date.
Super Micro surged significantly and appointed a new auditing firm, submitting a plan to the NASDAQ.
The server maker, Super Micro, saw a significant increase. The company instilled confidence by appointing a new auditing firm and submitting a plan to comply with listing requirements on the NASDAQ market. The company announced that it submitted a plan to the NASDAQ market to submit the delayed annual report (Form 10-K) and named the accounting firm BDO USA as the independent auditor, which will immediately take office.
The server maker, Super Micro, saw a significant increase. The company instilled confidence by appointing a new auditing firm and submitting a plan to comply with listing requirements on the NASDAQ market. The company announced that it submitted a plan to the NASDAQ market to submit the delayed annual report (Form 10-K) and named the accounting firm BDO USA as the independent auditor, which will immediately take office.
SpaceX starts the 4th flight of Starship this year, landing it without catching the booster.
According to CNBC, SpaceX initiated the 6th test flight of the rocket 'Starship' on Tuesday. The plan was to catch the separated booster from the rocket on the launch pad, but since the booster did not meet the necessary criteria for catching, it was landed in the Gulf of Mexico.
According to CNBC, SpaceX initiated the 6th test flight of the rocket 'Starship' on Tuesday. The plan was to catch the separated booster from the rocket on the launch pad, but since the booster did not meet the necessary criteria for catching, it was landed in the Gulf of Mexico.
Walmart, exceeding expectations in the August-October quarter Raises outlook
The largest US retailer, Walmart, announced on the 19th that its August-October quarter (Q3) earnings exceeded expectations for both profit and revenue. A wide range of product categories showed robust growth.
The largest US retailer, Walmart, announced on the 19th that its August-October quarter (Q3) earnings exceeded expectations for both profit and revenue. A wide range of product categories showed robust growth.
Nestle lowers profit target for 25 years Invests to recover performance
Swiss food giant Nestle announced on the 19th a reduction in profit targets by December 2025, along with an expansion of investments in advertising and marketing. This is part of the plan for revenue growth recovery led by CEO Laurent Fleck.
Swiss food giant Nestle announced on the 19th a reduction in profit targets by December 2025, along with an expansion of investments in advertising and marketing. This is part of the plan for revenue growth recovery led by CEO Laurent Fleck.
Blackstone, close to agreement on acquisition of Jersey Mike's Subs = Sources
The US investment firm Blackstone is close to reaching an agreement on the acquisition of the sandwich chain 'Jersey Mike's Subs'. The valuation is approximately $8 billion, including debt (about 1 trillion 230 billion yen), as revealed by informed sources.
The US investment firm Blackstone is close to reaching an agreement on the acquisition of the sandwich chain 'Jersey Mike's Subs'. The valuation is approximately $8 billion, including debt (about 1 trillion 230 billion yen), as revealed by informed sources.
【Earnings Preview】Nvidia, Will there be a decline following the previous quarter? Concerns about delayed deliveries to Blackwell again, what impact will it have on performance?
$NVIDIA (NVDA.US)$ After the closing on November 20th, Eastern Time in the U.S.(Scheduled to announce earnings on November 21st, Thursday, from 06:00 Japan time)。
$NVIDIA (NVDA.US)$ After the closing on November 20th, Eastern Time in the U.S.(Scheduled to announce earnings on November 21st, Thursday, from 06:00 Japan time)。
Foreign exchange
Key Market Events
November 20th (Wednesday)
Daan, moon age 18.6
"2 wins 8 losses" (yin-yang star picking of the Nikkei average over the past 10 years)
November 20th (Wednesday)
Daan, moon age 18.6
"2 wins 8 losses" (yin-yang star picking of the Nikkei average over the past 10 years)
Domestic
★October Trade Statistics (8:50)
□October Trends in the Greater Tokyo Area Residence Market (13:00)
□October Major Convenience Store Revenue (14:00)
□October Number of Visiting Foreign Tourists to Japan (16:15)
★October Trade Statistics (8:50)
□October Trends in the Greater Tokyo Area Residence Market (13:00)
□October Major Convenience Store Revenue (14:00)
□October Number of Visiting Foreign Tourists to Japan (16:15)
Overseas
□India Market Closed
★China's Most Favored Loan Interest Rate in November (10:00)
UK October Consumer Price Index (16:00)
Germany October Producer Price Index (16:00)
Eurozone September Construction Industry Production Volume (19:00)
USA MBA Housing Loan Application Index (21:00)
USA Petroleum Inventory Statistics (0:30 on the 21st)
Indonesia Central Bank Announces Policy Interest Rate
USA 20-year Treasury Bond Auction
□India Market Closed
★China's Most Favored Loan Interest Rate in November (10:00)
UK October Consumer Price Index (16:00)
Germany October Producer Price Index (16:00)
Eurozone September Construction Industry Production Volume (19:00)
USA MBA Housing Loan Application Index (21:00)
USA Petroleum Inventory Statistics (0:30 on the 21st)
Indonesia Central Bank Announces Policy Interest Rate
USA 20-year Treasury Bond Auction
Overseas Earnings
[USA] ★Nvidia, Palo Alto Networks, Target
[USA] ★Nvidia, Palo Alto Networks, Target
Source: Dow Jones, MINKABU, Fisco, Bloomberg, Wealth Adviser, moomoo
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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