[Morning Report] NVIDIA upgrades AI accelerators every year Japanese stocks continue to grow, risk on as US inflation calms down
![[Morning Report] NVIDIA upgrades AI accelerators every year Japanese stocks continue to grow, risk on as US inflation calms down](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240603/245d084fe786ab8f5ec551ec4d19c6f5.png/big?area=105&is_public=true)
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 38,400 yen - 38,800 yen (5/31 closing price 38,487 yen 90 sen)
● US PCE core price index growth slowed in April - real spending declined unexpectedly
● US personal consumption, signs of fatigue despite astonishing tenacity - main engines stall all at once
● NVIDIA upgrades AI accelerators every year
● Will Japanese stocks continue to grow, risk-on-value stocks have an advantage due to calming US inflation
● Prospects for a landslide victory for the ruling coalition in the Indian general election - stock prices and rupee exchange rates are expected to rise
● OPEC Plus agrees to extend production cuts Coordinated production cuts until '25
-MooMoo News Amelia
● US PCE core price index growth slowed in April - real spending declined unexpectedly
● US personal consumption, signs of fatigue despite astonishing tenacity - main engines stall all at once
● NVIDIA upgrades AI accelerators every year
● Will Japanese stocks continue to grow, risk-on-value stocks have an advantage due to calming US inflation
● Prospects for a landslide victory for the ruling coalition in the Indian general election - stock prices and rupee exchange rates are expected to rise
● OPEC Plus agrees to extend production cuts Coordinated production cuts until '25
-MooMoo News Amelia
Market Overview
In the US stock market on the 31st, the NY Dow Jones Industrial Average rebounded sharply for the first time in 4 days to 38,686 dollars 32 cents, 574 dollars 84 cents higher than the previous business day. The Nasdaq Composite Stock Price Index fell 2.064 points to 16,735.015. In the Tokyo stock market on the 3rd, buying centered on main stocks will prevail, and the Nikkei Stock Average is expected to develop towards the latter half of the 38,000 yen range.
In the US stock market on the 31st, the NY Dow Jones Industrial Average rebounded sharply for the first time in 4 days to 38,686 dollars 32 cents, 574 dollars 84 cents higher than the previous business day. The Nasdaq Composite Stock Price Index fell 2.064 points to 16,735.015. In the Tokyo stock market on the 3rd, buying centered on main stocks will prevail, and the Nikkei Stock Average is expected to develop towards the latter half of the 38,000 yen range.
Top news
US PCE core price index growth slowed in April - real spending declined unexpectedly
The US personal consumption expenditure (PCE) price index is on a core basis excluding food and energy, and growth slowed in April compared to the previous month. There was also a decrease in actual PCE, and the content supported future interest rate cuts.
Related articles:Incorporating a reduction in US interest rates, unchanged at least once within the year - after PCE statistics
US personal consumption, signs of fatigue despite astonishing tenacity - main engines stall all at once
Individual consumption of rice has shown astonishing tenacity. The multiple factors that have supported this are losing momentum all at once. It suggests the possibility that the recent decline in household demand is not simply a transient one.
NVIDIA to upgrade AI accelerators every year
Major US semiconductor company $NVIDIA(NVDA.US$The plan is to upgrade artificial intelligence (AI) accelerators every year. Chief Executive Officer Jenson Huang (CEO) made it clear in a keynote speech prior to the official opening of the Taipei International Computer Fair (COMPUTEX) on the 2nd.
Related articles:US giant tech is moving too! “Data Center” Top 5 Skyrocketing Stocks to Aim for from Here ＜Stock Search Top Feature＞
Will Japanese stocks continue to grow, risk-on-value stocks have an advantage as US inflation calms down
The Tokyo stock exchange rate is expected to continue to grow on the 3rd. It has been confirmed that inflation in the United States continues to subside, and concerns about rising interest rates have abated seem to increase investors' risk tolerance. There is a rotation from large high-tech stocks, which have been drastically high until now, to resources, real estate, utility stocks, etc. in the US stock market, and value (undervalued) stocks have an advantage even domestically.
US PCE core price index growth slowed in April - real spending declined unexpectedly
The US personal consumption expenditure (PCE) price index is on a core basis excluding food and energy, and growth slowed in April compared to the previous month. There was also a decrease in actual PCE, and the content supported future interest rate cuts.
Related articles:Incorporating a reduction in US interest rates, unchanged at least once within the year - after PCE statistics
US personal consumption, signs of fatigue despite astonishing tenacity - main engines stall all at once
Individual consumption of rice has shown astonishing tenacity. The multiple factors that have supported this are losing momentum all at once. It suggests the possibility that the recent decline in household demand is not simply a transient one.
NVIDIA to upgrade AI accelerators every year
Major US semiconductor company $NVIDIA(NVDA.US$The plan is to upgrade artificial intelligence (AI) accelerators every year. Chief Executive Officer Jenson Huang (CEO) made it clear in a keynote speech prior to the official opening of the Taipei International Computer Fair (COMPUTEX) on the 2nd.
Related articles:US giant tech is moving too! “Data Center” Top 5 Skyrocketing Stocks to Aim for from Here ＜Stock Search Top Feature＞
Will Japanese stocks continue to grow, risk-on-value stocks have an advantage as US inflation calms down
The Tokyo stock exchange rate is expected to continue to grow on the 3rd. It has been confirmed that inflation in the United States continues to subside, and concerns about rising interest rates have abated seem to increase investors' risk tolerance. There is a rotation from large high-tech stocks, which have been drastically high until now, to resources, real estate, utility stocks, etc. in the US stock market, and value (undervalued) stocks have an advantage even domestically.
India's general election, the ruling coalition is expected to win a landslide victory - stock prices and rupee exchange rates are expected to rise
Voting for India's general election (lower house election, single electoral district constant 543) ended on the 1st. Counting of votes will be carried out on the 4th, but according to exit polls, it is expected that the ruling coalition centered on the Bharatiya Janata Party (BJP) led by Prime Minister Modi will win 350 seats or more, which greatly exceeds the majority, and will win a landslide victory. India's stock, bond, and currency rupee exchange rates are expected to rise on the 3rd of the week in response to the fact that the ruling coalition's big victory was suggested in the exit poll.
OPEC Plus agrees to extend production cuts Coordinated production cuts until '25
The Organization of Petroleum Exporting Countries (OPEC) and “OPEC Plus,” which consists of non-member major oil producing countries, agreed on the 2nd to extend all production reduction measures until 2025. There is a high possibility that crude oil prices will remain high until the US presidential election.
Related articles:NY crude oil overtime transaction decline OPCE+ coordinated production cut extension Russia etc. will reduce voluntary production cuts from October
Effects of Astra and Daiichi Sankyo “Enhearts” in extending the survival time of breast cancer patients
English $AstraZeneca(AZN.US$ Is on the 2nd $Daiichi Sankyo(4568.JP$Details of the global phase 3 test “Destiny-Breast06” results of “Enhearts,” which were jointly developed with, were announced. According to that, the median progression-free survival (PFS) of breast cancer patients receiving enhartz was 13.2 months, which was longer than 8.1 months for patients receiving chemotherapy.
This morning's featured news! ★ Pay attention to Helios TH, Daisan, Novak, and more!
Today, stock price trends are attracting attention because RS Techno is implementing TOB and aiming to make it a wholly owned subsidiary $Helios Techno Holding(6927.JP$ The previous fiscal year's current account turned into a surplus and landed upward; profit is expected to increase 11 times this fiscal year $Daisan(4750.JP$ The previous fiscal year's accounts were revised upward by 2 times $Novac(5079.JP$ etc.
What are some important events for US stocks to watch in June? NVIDIA stock split, Apple WWDC, Tesla shareholders' meeting, etc.
Voting for India's general election (lower house election, single electoral district constant 543) ended on the 1st. Counting of votes will be carried out on the 4th, but according to exit polls, it is expected that the ruling coalition centered on the Bharatiya Janata Party (BJP) led by Prime Minister Modi will win 350 seats or more, which greatly exceeds the majority, and will win a landslide victory. India's stock, bond, and currency rupee exchange rates are expected to rise on the 3rd of the week in response to the fact that the ruling coalition's big victory was suggested in the exit poll.
OPEC Plus agrees to extend production cuts Coordinated production cuts until '25
The Organization of Petroleum Exporting Countries (OPEC) and “OPEC Plus,” which consists of non-member major oil producing countries, agreed on the 2nd to extend all production reduction measures until 2025. There is a high possibility that crude oil prices will remain high until the US presidential election.
Related articles:NY crude oil overtime transaction decline OPCE+ coordinated production cut extension Russia etc. will reduce voluntary production cuts from October
Effects of Astra and Daiichi Sankyo “Enhearts” in extending the survival time of breast cancer patients
English $AstraZeneca(AZN.US$ Is on the 2nd $Daiichi Sankyo(4568.JP$Details of the global phase 3 test “Destiny-Breast06” results of “Enhearts,” which were jointly developed with, were announced. According to that, the median progression-free survival (PFS) of breast cancer patients receiving enhartz was 13.2 months, which was longer than 8.1 months for patients receiving chemotherapy.
This morning's featured news! ★ Pay attention to Helios TH, Daisan, Novak, and more!
Today, stock price trends are attracting attention because RS Techno is implementing TOB and aiming to make it a wholly owned subsidiary $Helios Techno Holding(6927.JP$ The previous fiscal year's current account turned into a surplus and landed upward; profit is expected to increase 11 times this fiscal year $Daisan(4750.JP$ The previous fiscal year's accounts were revised upward by 2 times $Novac(5079.JP$ etc.
What are some important events for US stocks to watch in June? NVIDIA stock split, Apple WWDC, Tesla shareholders' meeting, etc.
Tokyo Stock Exchange Rate Forecast
Stock market forecast for the 3rd = continued increase, NY Dow has a strong buying advantage
Stock market forecast for the 3rd = continued increase, NY Dow has a strong buying advantage
Foreign substitutes
Key Market Events
![[Morning Report] NVIDIA upgrades AI accelerators every year Japanese stocks continue to grow, risk on as US inflation calms down](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240603/f6092ed6e8c08e279a32e2880b995a2a.png/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Bloomberg, Welshadvisor, Fisco
![[Morning Report] NVIDIA upgrades AI accelerators every year Japanese stocks continue to grow, risk on as US inflation calms down](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240425/c3f0aeae25cc4bf947fff7f33d0f6a3a.png/big?area=105&is_public=true)
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