Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

[Morning Report] NVIDIA's net profit was 14 times, rapidly expanded with AI semiconductors from August to October, braking yen sales, temporarily in the first half of the 147 yen range 

avatar
moomooニュース米国株 wrote a column · Nov 21, 2023 17:08
[Morning Report] NVIDIA's net profit was 14 times, rapidly expanded with AI semiconductors from August to October, braking yen sales, temporarily in the first h...
Good morning to all Moomoo users!Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 33,100 yen to 33,500 yen (21st closing price 33,354 yen 14 sen)
● NVIDIA's net profit is 14 times, and rapid expansion continues with AI semiconductors from August to October
● Is there a brake on yen sales, and speculators in the first half of the 147 yen range at one point have an effect
● Open AI Board of Directors, discussions with Mr. Altman on the possibility of a return
● The reaction to the FOMC minutes is limited and shows a hawkish atmosphere as expected
● US press admits criminal liability for virtual currency Binance CEO resignation
— MooMoo News Kathy  
Market Overview
On the US stock market on the 21st, the NY Dow Jones Industrial Average fell 62 dollars 75 cents from the previous business day to 30,5088 dollars 29 cents for the first time in 3 days. The Nasdaq Composite Stock Price Index fell 84.552 points to 14199.982. While the risk aversion mood prevails in the Tokyo stock market on the 22nd, it seems that sales will spread widely, starting with major stocks.
Top news
NVIDIA's net profit is 14 times, and rapid expansion continues with AI semiconductors from August to October
Major US semiconductor company $NVIDIA(NVDA.US)$In the financial results for the fiscal year ending 2023/8/10 announced on the 21st, net profit was 9.243 billion dollars (about 1.37 trillion yen), about 14 times the same period last year. Sales were 18,120 billion dollars, about three times higher, and both were record highs.
Related articles:NVIDIA's sales forecast did not meet some expectations - 3% depreciation after hours
Will there be a brake on yen sales, and speculators in the first half of the 147 yen range at one point have an effect
There is a brake on yen sales in the foreign exchange market. On the 21st, the yen exchange rate hit the high level of yen since mid-September, with 1 dollar = the first half of the 147 yen range at one point. Movements to let go of the US dollar spread from the view that the US would enter a phase of interest rate cuts in mid-2024.
Open AI Board of Directors discusses possibility of return with Mr. Altman-Stakeholders
Sam Altman, who was dismissed as the Chief Executive Officer (CEO) of US Open AI, board members, and the interim CEO began discussions over the possibility that Mr. Altman would return to the company's CEO.
The reaction to the FOMC minutes is limited and shows a hawkish atmosphere as expected
In the FOMC minutes announced at 4:00 Japan time, it became clear that while everyone agreed to proceed with interest rates carefully, it was determined that interest rates would be restrictive for the time being. It is also stated that if inflation progresses insufficiently, additional tightening will be considered.
US press admits criminal liability for virtual currency Binance CEO resignation
The US paper Wall Street Journal (WSJ) reported on the 21st that Chief Executive Officer Champong Zhao (CEO) of Binance, the largest crypto asset (virtual currency) exchange business, has acknowledged criminal liability for money laundering (money laundering) in the US and will resign as CEO. Binance as a corporation also acknowledged fraud and paid a fine of 4.3 billion dollars (about 640 billion yen).
Foreign substitutes
Key Market Events
[Morning Report] NVIDIA's net profit was 14 times, rapidly expanded with AI semiconductors from August to October, braking yen sales, temporarily in the first h...
Distribution source: Dow Jones, MINKABU, Bloomberg, Weiss Advisor, Nihon Keizai Shimbun
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
21
2
+0
See Original
Report
76K Views
Comment
Sign in to post a comment
    avatar
    moomoo News Official Account
    28KFollowers
    2Following
    62KVisitors
    Follow