【Morning Report】 NVIDIA's earnings caused a temporary 8% drop, and semiconductor stocks fell across the board. The US Department of Labor acknowledged errors in the released data on non-farm payrolls.
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Here are the key points of the morning report today.![]()
● [Tokyo Stock Market Forecast Range] 38,000 yen - 38,500 yen (28-day closing price 38,371.76 yen)
● Nvidia falls 8% after hours, despite good earnings not meeting high expectations, attempting to improve Blackwell's yield.
● Nvidia Board of Directors approves additional $50 billion share buyback, quarterly dividend of $0.01
● 'God of Investment' Warren Buffett's Berkshire stock reaches new high, market capitalization surpasses $1 trillion! The best birthday present for Mr. Buffett!?
After short selling by Hindenburg, Super Micro stock plummeted by about 20% as the submission of the annual report for fiscal year 2024 was postponed.
Trump Media stock fell below $20 for the first time since its listing.
The sharp rebound after this month's stock market crash suggests the possibility of further volatility, according to Goldman Sachs.
The US Department of Labor acknowledges errors in the data release for revisions to non-farm payroll figures.
moomoo news of individual stocks Sherry
● [Tokyo Stock Market Forecast Range] 38,000 yen - 38,500 yen (28-day closing price 38,371.76 yen)
● Nvidia falls 8% after hours, despite good earnings not meeting high expectations, attempting to improve Blackwell's yield.
● Nvidia Board of Directors approves additional $50 billion share buyback, quarterly dividend of $0.01
● 'God of Investment' Warren Buffett's Berkshire stock reaches new high, market capitalization surpasses $1 trillion! The best birthday present for Mr. Buffett!?
After short selling by Hindenburg, Super Micro stock plummeted by about 20% as the submission of the annual report for fiscal year 2024 was postponed.
Trump Media stock fell below $20 for the first time since its listing.
The sharp rebound after this month's stock market crash suggests the possibility of further volatility, according to Goldman Sachs.
The US Department of Labor acknowledges errors in the data release for revisions to non-farm payroll figures.
moomoo news of individual stocks Sherry
Market Overview
The three major indexes all declined, with the technology-driven Nasdaq falling by more than 1%. The Dow Jones Industrial Average closed at 1,091.42, down 0.04% or 159.08 points from the previous day. The S&P 500 Index closed at 5,592.18, down 33.62 points, and the Nasdaq Composite Index closed at 7,556.03, down 0.01% or 198.79 points.
The three major indexes all declined, with the technology-driven Nasdaq falling by more than 1%. The Dow Jones Industrial Average closed at 1,091.42, down 0.04% or 159.08 points from the previous day. The S&P 500 Index closed at 5,592.18, down 33.62 points, and the Nasdaq Composite Index closed at 7,556.03, down 0.01% or 198.79 points.
Top News
nvidia, temporarily down 8% after hours, falls short of high expectations despite good results, attempting to improve Blackwell's yields = US individual stocks
$NVIDIA (NVDA.US)$Announced 5-7 month period earnings after the close, surpassing expectations for earnings per share and revenue. Revenue exceeds $30 billion. Revenue for the datacenter division handling AI chips also exceeded expectations at $26.3 billion. The guidance for the third quarter was also disclosed, showing a higher-than-expected revenue forecast. However, the stock price showed a lackluster response after hours and was seen to temporarily drop by over 8%. Concerns are being raised that the revenue forecast for the third quarter is lower compared to the most optimistic forecasts, fueling worries that explosive growth is slowing down.
Related Article
Nvidia's board of directors has approved an additional $50 billion share buyback and a quarterly dividend of $0.01.
nvidia, significant increase in revenue and profit for the 5-7 month period, suggesting the continuation of the AI boom
[Update] [Financial report] NVidia (NVDA) FY25Q2 financial report EPS $0.68 (financial estimates $0.65), revenue $30.04 billion (financial estimates $28.857 billion).
nvidia, temporarily down 8% after hours, falls short of high expectations despite good results, attempting to improve Blackwell's yields = US individual stocks
$NVIDIA (NVDA.US)$Announced 5-7 month period earnings after the close, surpassing expectations for earnings per share and revenue. Revenue exceeds $30 billion. Revenue for the datacenter division handling AI chips also exceeded expectations at $26.3 billion. The guidance for the third quarter was also disclosed, showing a higher-than-expected revenue forecast. However, the stock price showed a lackluster response after hours and was seen to temporarily drop by over 8%. Concerns are being raised that the revenue forecast for the third quarter is lower compared to the most optimistic forecasts, fueling worries that explosive growth is slowing down.
Related Article
Nvidia's board of directors has approved an additional $50 billion share buyback and a quarterly dividend of $0.01.
nvidia, significant increase in revenue and profit for the 5-7 month period, suggesting the continuation of the AI boom
[Update] [Financial report] NVidia (NVDA) FY25Q2 financial report EPS $0.68 (financial estimates $0.65), revenue $30.04 billion (financial estimates $28.857 billion).
"God of Investment" Mr. Buffett's Berkshire stock hits new high, market cap surpasses 1 trillion dollars! The best birthday gift for Mr. Buffett!?
"The god of investing", led by Warren Buffett $Berkshire Hathaway-A (BRK.A.US)$On the 28th, surpassing 1 trillion dollars, become the 9th largest company in the world to achieve a market capitalization of 1 trillion dollarsbecame. Berkshire's market capitalization has increased by over 218 billion dollars this year, and this increase amount is $American Express (AXP.US)$、 $McDonald's (MCD.US)$、 $Cisco (CSCO.US)$、 $Wells Fargo & Co (WFC.US)$exceeding the market capitalization of etc. In addition,August 30th is Mr. Buffett's birthdayAchieving a market capitalization of 1 trillion dollars is significant for Mr. Buffett.I'm sure it would be the best birthday present for him.I guess.
"The god of investing", led by Warren Buffett $Berkshire Hathaway-A (BRK.A.US)$On the 28th, surpassing 1 trillion dollars, become the 9th largest company in the world to achieve a market capitalization of 1 trillion dollarsbecame. Berkshire's market capitalization has increased by over 218 billion dollars this year, and this increase amount is $American Express (AXP.US)$、 $McDonald's (MCD.US)$、 $Cisco (CSCO.US)$、 $Wells Fargo & Co (WFC.US)$exceeding the market capitalization of etc. In addition,August 30th is Mr. Buffett's birthdayAchieving a market capitalization of 1 trillion dollars is significant for Mr. Buffett.I'm sure it would be the best birthday present for him.I guess.
After short selling by Hindenburg, the submission of the annual report for fiscal year 24 has been delayed and Super Micro's stock has plummeted by about 20%.
The AI server manufacturer $Super Micro Computer (SMCI.US)$Following the announcement by [AI server manufacturer name], that they would delay the disclosure of their annual financial statements, the stock price dropped sharply by 19.02%. The previous day, the well-known short-selling firm, Hindenburg, announced a short-sell report on Super Micro, pointing out clear danger signals in their accounting practices through an investigation.
The AI server manufacturer $Super Micro Computer (SMCI.US)$Following the announcement by [AI server manufacturer name], that they would delay the disclosure of their annual financial statements, the stock price dropped sharply by 19.02%. The previous day, the well-known short-selling firm, Hindenburg, announced a short-sell report on Super Micro, pointing out clear danger signals in their accounting practices through an investigation.
Trump Media stocks fell below $20 for the first time since going public.
Trump Media's stock price plummeted this week, marking a new all-time low of less than $20 per share.
Since Harris entered the election campaign and the odds of winning changed significantly, the stock price has been declining.
Moreover, this month, when Trump returned to the rival platform X, the stock price took a hit.
Trump Media's stock price plummeted this week, marking a new all-time low of less than $20 per share.
Since Harris entered the election campaign and the odds of winning changed significantly, the stock price has been declining.
Moreover, this month, when Trump returned to the rival platform X, the stock price took a hit.
The US Department of Labor admits to errors in the release of revised data on nonfarm payroll employment.
The US Department of Labor acknowledged that the release of revised data on nonfarm payroll employment was delayed due to technical issues.
The Bureau of Labor Statistics has introduced a new policy of simultaneously releasing data on multiple platforms in the future.
Due to the data release being delayed for more than 30 minutes on August 21, staff had to manually upload the data.
The US Department of Labor acknowledged that the release of revised data on nonfarm payroll employment was delayed due to technical issues.
The Bureau of Labor Statistics has introduced a new policy of simultaneously releasing data on multiple platforms in the future.
Due to the data release being delayed for more than 30 minutes on August 21, staff had to manually upload the data.
The rapid rebound after this month's stock price crash should be a cause for concern, as it suggests the possibility of further volatility, according to Goldman Sachs.
Goldman Sachs' head of Asset Allocation Research has issued a warning about the rapid recovery of the market.
The initial crash earlier this month was referred to as a "warning shot" and suggested the possibility of further volatility.
While the market has recovered, investor sentiment remains cautious.
Other analysts, such as JP Morgan, have also pointed out that this adjustment may be a precursor to further volatility.
Goldman Sachs' head of Asset Allocation Research has issued a warning about the rapid recovery of the market.
The initial crash earlier this month was referred to as a "warning shot" and suggested the possibility of further volatility.
While the market has recovered, investor sentiment remains cautious.
Other analysts, such as JP Morgan, have also pointed out that this adjustment may be a precursor to further volatility.
The rise in unemployment rates and the slowdown in the labor market in major US cities is becoming more evident.
Unemployment rates in 90% of major US cities have increased in July.
More than 40% of cities have seen a decrease in average weekly wages, indicating a widespread slowdown in the labor market.
In metropolitan areas such as Milwaukee, Minneapolis-St. Paul, and San Francisco, the number of employees in July 2024 is lower than July 2019.
The labor market is gradually weakening, and this change is believed to confirm the timing of the start of rate cuts by the Federal Reserve, with the first rate cut expected next month.
Unemployment rates in 90% of major US cities have increased in July.
More than 40% of cities have seen a decrease in average weekly wages, indicating a widespread slowdown in the labor market.
In metropolitan areas such as Milwaukee, Minneapolis-St. Paul, and San Francisco, the number of employees in July 2024 is lower than July 2019.
The labor market is gradually weakening, and this change is believed to confirm the timing of the start of rate cuts by the Federal Reserve, with the first rate cut expected next month.
OpenAI is in negotiations for fundraising with a valuation exceeding 100 billion dollars.
OpenAI, which is behind the 'ChatGPT' of Generative AI (artificial intelligence), is aiming to raise billions of dollars in a new round of fundraising and is progressing negotiations. In this round, the company's value could exceed 100 billion dollars (approximately 14.5 trillion yen).
OpenAI, which is behind the 'ChatGPT' of Generative AI (artificial intelligence), is aiming to raise billions of dollars in a new round of fundraising and is progressing negotiations. In this round, the company's value could exceed 100 billion dollars (approximately 14.5 trillion yen).
Outlook for Tokyo stock market
Stock market outlook for the 29th = decline, with Nvidia's sharp drop after hours weighing down.
Stock market outlook for the 29th = decline, with Nvidia's sharp drop after hours weighing down.
foreign exchange
Major Market Events
Sources: moomoo, Bloomberg, Dow Jones, MINKABU
This article uses auto-translation in some parts.
This article uses auto-translation in some parts.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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スマイリー山川 : You seem to have reached a stage where everything you do fails.
Nvidia is
人類 スマイリー山川 : Even though the financial results exceeded expectations, did they fail to meet expectations? It's full of greed and dissatisfaction.