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【Morning Report】 The number of job openings in the US in April is at its lowest level in 3 years, and expectations for interest rate cuts are increasing. Mask directs AI semiconductors for Tesla to X.

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moomooニュース米国株 wrote a column · Jun 4 18:13
【Morning Report】 The number of job openings in the US in April is at its lowest level in 3 years, and expectations for interest rate cuts are increasing. Mask d...
Good morning to all moomoo users!Here are the key points of today's morning report.
●[Tokyo Stock Price Forecast Range] 8300-8700 (Closing price on the 4th was 8837.46)
● US April JOLT job openings at the lowest level since 2021, increasing expectations for interest rate cuts due to the easing of overheating.
● Mask directs AI semiconductors for Tesla to X = reported
HP Enterprise posted a significant increase of 12% in after-hours earnings, driven by AI server demand.
CloudStrike achieved a turnaround in the first quarter, with increased revenue and operating profit.
AI industry employees express concerns, unable to freely voice their worries.
Energy crisis looming over Silicon Valley, what about related Japanese stocks?
In the Indian general elections, Prime Minister Modi won but the ruling party fell short of an absolute majority.
- Moomoo News Kathy
Market Summary
In the US stock market on the 4th, the NY Dow Jones Industrial Average rebounded by $140.26, or 0.03 million8711 dollars and 29 cents, compared to the previous trading day. The Nasdaq Composite Index was up 28.377 points to 0.01 million6857.047. It is expected that the Tokyo stock market on the 5th will be generally sold, including leading stocks, and the Nikkei Stock Average is expected to continue to decline with movements around the mid-0.03 million8000 yen.
Top News
The number of job openings in the US in April was at its lowest level since 2021, and expectations of interest rate cuts are increasing as the overheating subsides.
The April JOLT job openings announced by the US Bureau of Labor Statistics (BLS) was 8.059 million, which was a larger decrease than expected from 8.355 million in March, and it was the lowest since February 2021. The number of job openings per unemployed person has also returned to a low level and the level before the corona, at 1.2 openings per unemployed person as of June 2021.
Mr. Musk is reported to be redirecting the AI semiconductors ordered for Tesla to social media company X, as he wants to focus Tesla on artificial intelligence (AI) and robotics.
Entrepreneur Elon Musk, founder of Tesla, wants to focus the electric vehicle (EV) giant on artificial intelligence (AI) and robotics. However, the AI semiconductors ordered for Tesla are being redirected to social media company X, according to CNBC.
HP Enterprise's stock rose sharply by 12% after hours due to strong demand for AI servers following their earnings announcement.
HP Enterprise rose after hours. They announced their earnings for the 2nd quarter (February to April) after the market closed, exceeding expectations in both earnings per share and revenue. The server department performed well thanks to demand from AI.
CrowdStrike 1Q Revenue Increase Operating Profit Conversion
For the first quarter of fiscal year 2025 (February-April) of CrowdStrike Holdings, the performance showed an increase in revenue and a conversion to operating profit. According to the 8-K (important report) released after the end of regular trading on June 4 in the US, the first quarter revenue reached $921.03 million, an increase of 33.0% compared to the same period last year.
AI Industry Employees Raise Alarms Unable to Express Concerns Freely
On the 4th, more than ten current and former employees of OpenAI, Alphabet's Google-owned DeepMind, and Anthropic, a US AI startup, released a letter. Employees in the artificial intelligence (AI) industry claimed that due to lack of confidentiality agreements, protection for whistleblowers, and fear of retaliation, they cannot express concerns about the threats AI poses to humanity.
Related Articles:AI's "Next Wave" Related Stocks? Semiconductor Rises With NVIDIA CEO's Remarks! What did Mr. Huang talk about at the major event before the split?,AI PCs Paving the Way for a New Era! What are the most promising related stocks?
What about the related Japanese stocks as the energy crisis approaches Silicon Valley?
It has been reported that the movement aiming to gradually abolish the use of fossil fuels is conflicting with the artificial intelligence (AI) revolution. AI technology, which requires a large amount of energy, is increasing its reliance on the power grid. And much of that power grid is supported by coal and natural gas power generation.
India general election, Modi wins but ruling party falls below absolute majority.
Indian Prime Minister Narendra Modi declared on the 4th that he had won his third term in the general election. However, the ruling party, the Bharatiya Janata Party (BJP), led by Modi, was pushed into a situation where it fell below the absolute majority in the parliament by voters due to high unemployment and inflation rates.
Foreign exchange
Major market events on the 16th
【Morning Report】 The number of job openings in the US in April is at its lowest level in 3 years, and expectations for interest rate cuts are increasing. Mask d...
Source: Dow Jones, MINKABU, Fisco, Bloomberg, Wealth Advisor, Nikkei Newspaper
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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