Morning report: Yen buying back, with the USD/JPY temporarily in the mid-155 yen range on Tesla's lower-than-expected earnings causing a decline after hours.
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Here are the key points for today's early morning report.
● [Tokyo Stock Market Forecast Range] 30,300 - 30,800 yen (closing price on the 23rd was 30,594.39 yen)
The dollar-yen is temporarily falling to the mid-155 yen range as the buyback of yen continues.
President Trump denies considering Mr. Dimon, CEO of blackrock, as a candidate for Treasury Secretary.
Tesla falls after earnings announcement, with both per-share earnings and revenue forecast lower than expected.
Alphabet reports good earnings, but stock prices remain flat after hours. Search advertising and cloud services are performing well.
Texas Instruments reports lower revenue and profit for the April-June quarter.
Visa reports increase in revenue and profit for the April-June quarter, driven by growth in payment volume.
Rising expectations of a rate cut! Check out hot stocks in the US real estate sector!
Ether physical ETF to start trading in the US - will Ethereum reach a new all-time high?
ーmoomoo News by Kathy
● [Tokyo Stock Market Forecast Range] 30,300 - 30,800 yen (closing price on the 23rd was 30,594.39 yen)
The dollar-yen is temporarily falling to the mid-155 yen range as the buyback of yen continues.
President Trump denies considering Mr. Dimon, CEO of blackrock, as a candidate for Treasury Secretary.
Tesla falls after earnings announcement, with both per-share earnings and revenue forecast lower than expected.
Alphabet reports good earnings, but stock prices remain flat after hours. Search advertising and cloud services are performing well.
Texas Instruments reports lower revenue and profit for the April-June quarter.
Visa reports increase in revenue and profit for the April-June quarter, driven by growth in payment volume.
Rising expectations of a rate cut! Check out hot stocks in the US real estate sector!
Ether physical ETF to start trading in the US - will Ethereum reach a new all-time high?
ーmoomoo News by Kathy
Market overview
In the US stock market on the 23rd, the Dow Jones Industrial Average fell by $57.35 or 0.04% to $358,090. The Nasdaq Composite Index fell by 10.217 points or 0.01% to 7973.351. The Tokyo stock market on the 24th is showing mixed views on the main stocks, and the Nikkei Stock Average is expected to move weaker between the previous day's closing price.
In the US stock market on the 23rd, the Dow Jones Industrial Average fell by $57.35 or 0.04% to $358,090. The Nasdaq Composite Index fell by 10.217 points or 0.01% to 7973.351. The Tokyo stock market on the 24th is showing mixed views on the main stocks, and the Nikkei Stock Average is expected to move weaker between the previous day's closing price.
Top news
The reversal of the yen buying continues, and the USD/JPY briefly fell to the mid-155 yen range.
The reversal of the yen buying strengthens, and the USD/JPY temporarily extended its decline to the mid-155 yen range. Amid growing expectations of a rate cut by the Federal Reserve in September, the unwinding of yen carry trades continues, and the USD/JPY is still searching for lower levels. The upcoming FOMC meeting is in focus, but there is also a Bank of Japan policy meeting scheduled for next week regarding the yen exchange rate.
The reversal of the yen buying continues, and the USD/JPY briefly fell to the mid-155 yen range.
The reversal of the yen buying strengthens, and the USD/JPY temporarily extended its decline to the mid-155 yen range. Amid growing expectations of a rate cut by the Federal Reserve in September, the unwinding of yen carry trades continues, and the USD/JPY is still searching for lower levels. The upcoming FOMC meeting is in focus, but there is also a Bank of Japan policy meeting scheduled for next week regarding the yen exchange rate.
Trump denies considering JPMorgan CEO as a candidate for Treasury Secretary.
Former President Trump has denied previous statements about considering JP Morgan CEO Jamie Dimon as Treasury Secretary candidate. He also denied considering Larry Fink from BlackRock.
Related Article
-Secret Service Director resigns, taking responsibility for the shooting incident involving President Trump.
-[Focus] How does Harris' policy differ from Biden's?
-President Trump expresses a positive attitude towards debating with Vice President Harris, even multiple times if necessary.
Former President Trump has denied previous statements about considering JP Morgan CEO Jamie Dimon as Treasury Secretary candidate. He also denied considering Larry Fink from BlackRock.
Related Article
-Secret Service Director resigns, taking responsibility for the shooting incident involving President Trump.
-[Focus] How does Harris' policy differ from Biden's?
-President Trump expresses a positive attitude towards debating with Vice President Harris, even multiple times if necessary.
Tesla's stock fell after the earnings announcement, with both earnings per share and revenue coming in below expectations.
$Tesla (TSLA.US)$After the market closed, Tesla announced its second quarter earnings, which fell short of expectations in terms of earnings per share and revenue. The company's free cash flow also failed to meet expectations. Tesla expects the growth of its sales volume this year to remain significantly low and continues to focus on cost reduction across the company.
$Tesla (TSLA.US)$After the market closed, Tesla announced its second quarter earnings, which fell short of expectations in terms of earnings per share and revenue. The company's free cash flow also failed to meet expectations. Tesla expects the growth of its sales volume this year to remain significantly low and continues to focus on cost reduction across the company.
Alphabet's stock remained flat after the market hours despite posting strong earnings. The search advertising and cloud segments performed well, while YouTube advertising revenue fell short of expectations.Cloud services are performing well.Loud is in good condition.
$Alphabet-C (GOOG.US)$After the market closed, Google announced its second quarter earnings, which exceeded expectations in terms of earnings per share and revenue. While Google advertising surpassed expectations, YouTube advertising revenue fell short. The cloud division, which was highly anticipated, saw a 29% increase in revenue and exceeded expectations.
$Alphabet-C (GOOG.US)$After the market closed, Google announced its second quarter earnings, which exceeded expectations in terms of earnings per share and revenue. While Google advertising surpassed expectations, YouTube advertising revenue fell short. The cloud division, which was highly anticipated, saw a 29% increase in revenue and exceeded expectations.
Texas Instruments reported a decline in revenue and profit for the second quarter (April-June).
Top U.S. semiconductor company. $Texas Instruments (TXN.US)$The second quarter (April-June) financial results announced by (TI) on the 23rd showed a decrease in revenue and profit. They also showed a weak outlook for the third quarter (July-September).
Top U.S. semiconductor company. $Texas Instruments (TXN.US)$The second quarter (April-June) financial results announced by (TI) on the 23rd showed a decrease in revenue and profit. They also showed a weak outlook for the third quarter (July-September).
Visa, for the second quarter (April-June), reported an increase in both revenue and profit due to an increase in transaction volume.
The leading payment network in the US. $Visa (V.US)$The third quarter (July-September) financial results announced by (company name) on the 23rd showed an increase in both revenue and profit. The transaction volume has grown, and cross-border payments continue to perform well.
【Other financial results】
-Coca-Cola, for the second quarter (April-June), exceeded their performance expectations.
-Spotify, the second consecutive quarter of profit in the April-June period, with slowing user growth.
-French LVMH, sales in the January-June period fell below expectations.
-Lockheed Martin, exceeding expectations in the April-June period, upward revision of the full-year outlook.
-Major delivery company UPS, lower-than-expected revenue and profit in the April-June period.
The leading payment network in the US. $Visa (V.US)$The third quarter (July-September) financial results announced by (company name) on the 23rd showed an increase in both revenue and profit. The transaction volume has grown, and cross-border payments continue to perform well.
【Other financial results】
-Coca-Cola, for the second quarter (April-June), exceeded their performance expectations.
-Spotify, the second consecutive quarter of profit in the April-June period, with slowing user growth.
-French LVMH, sales in the January-June period fell below expectations.
-Lockheed Martin, exceeding expectations in the April-June period, upward revision of the full-year outlook.
-Major delivery company UPS, lower-than-expected revenue and profit in the April-June period.
With increasing expectations of a rate cut, check out the hot stocks in the US real estate sector!
Residential construction stocks have risen this month due to expectations of lower mortgage interest rates and anticipation of rate cuts by the Federal Reserve Board (FRB).
Residential construction stocks have risen this month due to expectations of lower mortgage interest rates and anticipation of rate cuts by the Federal Reserve Board (FRB).
Ether physical ETF to start trading in the United States, will Ethereum reach a new all-time high?
US regulators $Ethereum (ETH.CC)$US residents will now have easy access to the second-largest cryptocurrency after the US Securities and Exchange Commission approved a physically backed exchange-traded fund (ETF) holding Ethereum (ETH).
US regulators $Ethereum (ETH.CC)$US residents will now have easy access to the second-largest cryptocurrency after the US Securities and Exchange Commission approved a physically backed exchange-traded fund (ETF) holding Ethereum (ETH).
Foreign exchange
Major market events
Source: Dow Jones, MINKABU, Fisco, Bloomberg, Wealth Advisor, moomoo
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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