Nvidia continued to rise on the morning of the 5th, appealing energy efficiency of next-generation AI semiconductors. Microsoft, analysts have lowered their investment rating to "hold".
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Here are the key points of the early morning news today.
Forecast range for Tokyo stock market: ¥920,000 - ¥960,000 (Closing price on the 8th at ¥893,754)
Nvidia rises for the 5th day, showcasing energy efficiency of next-generation AI semiconductors 'Blackwell' at 'AI Summit DC'
Microsoft, analysts downgrade investment rating to 'hold', pointing out consensus estimates are too high
Hurricane 'Milton' poses the highest risk for insurance companies
●Pepsico's revenue for the July-September period falls below expectations, downward revision in outlook.
●Roblox declines as Hindenburg reveals short selling.
●Boeing, S&P revises credit rating downwards towards junk status, limited impact on stock price.
Is the U.S. stock market risk-on? The accuracy rate of the recession indicator "SARM Rule" is 100%, and it is falling! Will the buying of semiconductor stocks that are lagging behind continue?
moomoo News Kei
Forecast range for Tokyo stock market: ¥920,000 - ¥960,000 (Closing price on the 8th at ¥893,754)
Nvidia rises for the 5th day, showcasing energy efficiency of next-generation AI semiconductors 'Blackwell' at 'AI Summit DC'
Microsoft, analysts downgrade investment rating to 'hold', pointing out consensus estimates are too high
Hurricane 'Milton' poses the highest risk for insurance companies
●Pepsico's revenue for the July-September period falls below expectations, downward revision in outlook.
●Roblox declines as Hindenburg reveals short selling.
●Boeing, S&P revises credit rating downwards towards junk status, limited impact on stock price.
Is the U.S. stock market risk-on? The accuracy rate of the recession indicator "SARM Rule" is 100%, and it is falling! Will the buying of semiconductor stocks that are lagging behind continue?
moomoo News Kei
Market Overview
◇On the 8th, the US stock market rebounded. Tech stocks led a broad rise in US stocks. The 'Magnificent Seven' tech giants all closed higher in trading.
◇In the S&P 500 sector-specific index, energy fell by over 2.5%. The speculation of Israel attacking Iran's petroleum facilities receded, causing crude oil futures to drop 4% after 6 business days.
◇On the 9th, the Nikkei Stock Average is expected to rise due to the increase in US stocks in the Tokyo stock market. With the release of the US September Consumer Price Index (CPI) scheduled for the night of the 10th, a cautious mood is expected after the morning's buying spree.
◇In the S&P 500 sector-specific index, energy fell by over 2.5%. The speculation of Israel attacking Iran's petroleum facilities receded, causing crude oil futures to drop 4% after 6 business days.
◇On the 9th, the Nikkei Stock Average is expected to rise due to the increase in US stocks in the Tokyo stock market. With the release of the US September Consumer Price Index (CPI) scheduled for the night of the 10th, a cautious mood is expected after the morning's buying spree.
Top news of individual stocks
Nvidia extends its gains, also highlighting the energy efficiency of the next-generation AI semiconductor called 'Blackwell.'
On the 8th, in the US market,Taiwan's Hon Hai announced the construction of the world's largest Nvidia 'GB200' facility.has led to $NVIDIA (NVDA.US)$Although there had been buying in stocks, Nvidia's attendance at an event in Washington called the 'AI Summit DC' on the same day, where they highlighted the high energy efficiency of the next-generation AI semiconductor 'Blackwell,' was also considered a factor. The company explained that the power needed for Blackwell to develop OpenAI's 'GPT-4' software is 3 gigawatts (GW). This process would have required 5500GW of power ten years ago.
Related articles:Nvidia continues to rise for the 5th day, as Taiwan's Hon Hai is constructing the world's largest Nvidia 'GB200' facility.
Nvidia extends its gains, also highlighting the energy efficiency of the next-generation AI semiconductor called 'Blackwell.'
On the 8th, in the US market,Taiwan's Hon Hai announced the construction of the world's largest Nvidia 'GB200' facility.has led to $NVIDIA (NVDA.US)$Although there had been buying in stocks, Nvidia's attendance at an event in Washington called the 'AI Summit DC' on the same day, where they highlighted the high energy efficiency of the next-generation AI semiconductor 'Blackwell,' was also considered a factor. The company explained that the power needed for Blackwell to develop OpenAI's 'GPT-4' software is 3 gigawatts (GW). This process would have required 5500GW of power ten years ago.
Related articles:Nvidia continues to rise for the 5th day, as Taiwan's Hon Hai is constructing the world's largest Nvidia 'GB200' facility.
Microsoft, analysts have downgraded the investment rating to 'hold', pointing out that the consensus estimates are too high.
Analysts $Microsoft (MSFT.US)$downgraded the investment rating to 'hold'. They pointed out that the consensus estimates are too high. The losses from OpenAI were not factored into the model, leading to overly positive expectations for both revenue and earnings per share. Analysts anticipate that these losses, the biggest concern, could reach 2-3 billion dollars by 2025.
Analysts $Microsoft (MSFT.US)$downgraded the investment rating to 'hold'. They pointed out that the consensus estimates are too high. The losses from OpenAI were not factored into the model, leading to overly positive expectations for both revenue and earnings per share. Analysts anticipate that these losses, the biggest concern, could reach 2-3 billion dollars by 2025.
The insurance stocks most at risk from Hurricane 'Milton' are
●According to CNBC, Piper Sandler Cos pointed out the possibility that Hurricane 'Milton' could change the insurance market. Milton is expected to reach the western part of Florida on Wednesday afternoon or early Thursday morning. Analyst Paul Newsome wrote in a research note, 'This storm could be a major catastrophe.' Newsome listed the following stocks as having significant exposure to weather-related disasters. $Allstate (ALL.US)$、 $Chubb Ltd (CB.US)$ 、 $Heritage Insurance (HRTG.US)$、 $Progressive (PGR.US)$、 $Universal Insurance Holdings Inc (UVE.US)$American International Group.
In addition, according to Market Watch, evacuations in Florida have caused fuel shortages at 16% of the state's gas stations.
●According to CNBC, Piper Sandler Cos pointed out the possibility that Hurricane 'Milton' could change the insurance market. Milton is expected to reach the western part of Florida on Wednesday afternoon or early Thursday morning. Analyst Paul Newsome wrote in a research note, 'This storm could be a major catastrophe.' Newsome listed the following stocks as having significant exposure to weather-related disasters. $Allstate (ALL.US)$、 $Chubb Ltd (CB.US)$ 、 $Heritage Insurance (HRTG.US)$、 $Progressive (PGR.US)$、 $Universal Insurance Holdings Inc (UVE.US)$American International Group.
In addition, according to Market Watch, evacuations in Florida have caused fuel shortages at 16% of the state's gas stations.
PepsiCo's sales for the July-September period are falling below expectations with a downward revision in forecasts.
The US beverage and food giant. $PepsiCo (PEP.US)$The earnings report for the July-September quarter (third quarter, until September 7) announced on the 8th fell below market expectations. The company's stock fell approximately 1% in pre-market trading on the 8th, as the revision of the full-year performance outlook was considered a factor.
The US beverage and food giant. $PepsiCo (PEP.US)$The earnings report for the July-September quarter (third quarter, until September 7) announced on the 8th fell below market expectations. The company's stock fell approximately 1% in pre-market trading on the 8th, as the revision of the full-year performance outlook was considered a factor.
Roblox declines as Hindenburg discloses a short sell.
Primarily focused on developing online games for teenagers. $Roblox (RBLX.US)$Declining. Hindenburg Research, a US investment company known for short selling, revealed in a post to X that they are short selling the company's stock. Roblox has been accused by investors, regulators, and advertisers of falsifying the number of users on the platform, inflating key indicators by 25-42% or more, and even inflating engagement time by an estimated 100% or more.
Primarily focused on developing online games for teenagers. $Roblox (RBLX.US)$Declining. Hindenburg Research, a US investment company known for short selling, revealed in a post to X that they are short selling the company's stock. Roblox has been accused by investors, regulators, and advertisers of falsifying the number of users on the platform, inflating key indicators by 25-42% or more, and even inflating engagement time by an estimated 100% or more.
Boeing, S&P reevaluating downgrade direction to junk status, limited impact on stock price.
S&P Global Ratings is reevaluating the credit rating of. $Boeing (BA.US)$in the direction of downgrading it to junk status (speculative grade). According to post-market announcement, Boeing is expected to have about $10 billion in cash outflows in 2024 due to expenses related to the strike.
S&P Global Ratings is reevaluating the credit rating of. $Boeing (BA.US)$in the direction of downgrading it to junk status (speculative grade). According to post-market announcement, Boeing is expected to have about $10 billion in cash outflows in 2024 due to expenses related to the strike.
Towards a Risk-On for US stocks? The recession index with a 100% success rate, the "Thorn Rule," fell! Will the buying continue for lagging semiconductor stocks?
The 100% accurate Tham Economic Recession Indicator (Tham Rule Indicator), which accurately predicted the US economic recession, decreased from 0.57 in August to 0.50 in September. This was due to the improvement in the unemployment rate in September, which was announced on October 4th, to 4.1%. As a result, concerns about the economic recession were alleviated, leading to a rise in stocks and a decline in bonds on the 4th, signaling a risk-on environment. In particular, the rise of semiconductor stocks, which had been lagging behind, was noticeable.
The 100% accurate Tham Economic Recession Indicator (Tham Rule Indicator), which accurately predicted the US economic recession, decreased from 0.57 in August to 0.50 in September. This was due to the improvement in the unemployment rate in September, which was announced on October 4th, to 4.1%. As a result, concerns about the economic recession were alleviated, leading to a rise in stocks and a decline in bonds on the 4th, signaling a risk-on environment. In particular, the rise of semiconductor stocks, which had been lagging behind, was noticeable.
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Main Market Events
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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