NVDA
NVIDIA
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Tesla
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Rigetti Computing
-- 8.9500 AMD
Advanced Micro Devices
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Palantir
-- 65.910 【Morning Report】 The yen hits a near 34-year low against the dollar again, Tesla's lackluster earnings lead to after-hours stock price increase, accelerating the launch of affordable models.
Good morning, moomoo users!![]()
Here are the key points for this morning's report.
● [Tokyo stock market forecast range] 0.03 million7500 yen-0.03 million8000 yen (closing price on the 23rd, 0.03 million7552 yen and 16 sen)
The yen hits a 34-year low against the dollar again, increasing concerns about intervention.
US Composite PMI at its lowest level this year, with employment entering contraction territory for the first time since 2020.
Tesla's revenue and profits decrease for the first time in four years, as global EV sales decline.
Despite disappointing earnings, Tesla's stock rises 11% in after-hours trading, thanks to the launch of affordable models.
GM's stock rises more than 5% in after-hours trading following the release of its earnings report.
Texas Instruments indicates bullish revenue outlook, suggesting a recovery in semiconductor demand.
Visa's profit increases by 17% in the first quarter, surpassing market expectations as card spending rises.
French luxury goods company Kering expects a sharp decline in profits in the first half, due to decreased purchases by wealthy Chinese customers of Gucci products.
moomoo News Kathy
● [Tokyo stock market forecast range] 0.03 million7500 yen-0.03 million8000 yen (closing price on the 23rd, 0.03 million7552 yen and 16 sen)
The yen hits a 34-year low against the dollar again, increasing concerns about intervention.
US Composite PMI at its lowest level this year, with employment entering contraction territory for the first time since 2020.
Tesla's revenue and profits decrease for the first time in four years, as global EV sales decline.
Despite disappointing earnings, Tesla's stock rises 11% in after-hours trading, thanks to the launch of affordable models.
GM's stock rises more than 5% in after-hours trading following the release of its earnings report.
Texas Instruments indicates bullish revenue outlook, suggesting a recovery in semiconductor demand.
Visa's profit increases by 17% in the first quarter, surpassing market expectations as card spending rises.
French luxury goods company Kering expects a sharp decline in profits in the first half, due to decreased purchases by wealthy Chinese customers of Gucci products.
moomoo News Kathy
Market Overview
In the U.S. stock market on the 23rd, the dow jones industrial average rose 263.71 cents to 35,850.69, up 0.03 million dollars compared to the previous trading day, marking a 4-day streak. The nasdaq composite index was 245.335 points higher at 15,696.640. On the 24th, the Tokyo stock market continued to favor risk appetite with the Nikkei Stock Average rising for the third day, indicating a strengthening recovery.
In the U.S. stock market on the 23rd, the dow jones industrial average rose 263.71 cents to 35,850.69, up 0.03 million dollars compared to the previous trading day, marking a 4-day streak. The nasdaq composite index was 245.335 points higher at 15,696.640. On the 24th, the Tokyo stock market continued to favor risk appetite with the Nikkei Stock Average rising for the third day, indicating a strengthening recovery.
Top news
Yen hits a 34-year low against the dollar once again, raising vigilance for intervention.
In the New York foreign exchange market on the morning of the 23rd, the yen fell to 154.88 yen against the dollar. It marked a return of the 34-year low for the yen and a high for the dollar. The market is increasingly wary of potential yen-buying interventions by Japanese authorities.
Yen hits a 34-year low against the dollar once again, raising vigilance for intervention.
In the New York foreign exchange market on the morning of the 23rd, the yen fell to 154.88 yen against the dollar. It marked a return of the 34-year low for the yen and a high for the dollar. The market is increasingly wary of potential yen-buying interventions by Japanese authorities.
U.S. composite PMI hits the lowest level of the year, with employment shrinking into contraction territory for the first time since 2020.
US business activity in April reached its lowest level since the beginning of the year. The decline in demand is the background for the employment falling into contraction territory for the first time since 2020.
US business activity in April reached its lowest level since the beginning of the year. The decline in demand is the background for the employment falling into contraction territory for the first time since 2020.
From January to March, US Tesla's revenue and profit decreased for the first time in four years due to a decrease in global EV sales.
The electric vehicle (EV) giant, Tesla, in the US $Tesla (TSLA.US)$announced its financial results for the January-March quarter on the 23rd. Revenue decreased by 9% to 21.3 billion dollars (about 3.3 trillion yen) compared to the same period last year, and net profit decreased by 55% to 1.1 billion dollars. This is the first decrease in revenue and profit in about four years. The decrease in EV sales is due to the slowdown in the US growth and the price offensive by Chinese manufacturers in the key markets.
Related article:Tesla (TSLA) 24Q1 earnings: EPS $0.45 (estimated $0.59), revenue $21.3 billion (estimated $23.374 billion)
The electric vehicle (EV) giant, Tesla, in the US $Tesla (TSLA.US)$announced its financial results for the January-March quarter on the 23rd. Revenue decreased by 9% to 21.3 billion dollars (about 3.3 trillion yen) compared to the same period last year, and net profit decreased by 55% to 1.1 billion dollars. This is the first decrease in revenue and profit in about four years. The decrease in EV sales is due to the slowdown in the US growth and the price offensive by Chinese manufacturers in the key markets.
Related article:Tesla (TSLA) 24Q1 earnings: EPS $0.45 (estimated $0.59), revenue $21.3 billion (estimated $23.374 billion)
Tesla, despite disappointing earnings, rose 11% after hours due to the accelerated launch of affordable models.
After the market closed, Tesla announced its financial results for the January-March quarter, falling below expectations in terms of earnings per share and revenue. Free cash flow (FCF) also turned into an unexpected deficit. Regarding the full year, they mentioned the possibility of a significant decline in sales growth compared to last year. Despite the lackluster earnings, the stock price is strengthening in after-hours trading.
After the market closed, Tesla announced its financial results for the January-March quarter, falling below expectations in terms of earnings per share and revenue. Free cash flow (FCF) also turned into an unexpected deficit. Regarding the full year, they mentioned the possibility of a significant decline in sales growth compared to last year. Despite the lackluster earnings, the stock price is strengthening in after-hours trading.
GM rose more than 5% after hours following earnings. Before the start of trading, they announced their earnings for the first quarter (January-March period), which exceeded expectations for earnings per share and revenue. EBIT also exceeded expectations. They also raised their guidance for earnings per share and EBIT for the full year.
USA $General Motors (GM.US)$Texas Instruments shows a bullish outlook for revenue - suggesting a easing of the slump in semiconductor demand. They have indicated a strong outlook for second quarter (April-June period) revenue. It suggests that the slowdown in demand for industrial and automotive electronic components is easing.
USA $General Motors (GM.US)$Texas Instruments shows a bullish outlook for revenue - suggesting a easing of the slump in semiconductor demand. They have indicated a strong outlook for second quarter (April-June period) revenue. It suggests that the slowdown in demand for industrial and automotive electronic components is easing.
Visa's profit increased by 17% in the first quarter, exceeding market expectations, due to increased card spending.
USA $Texas Instruments (TXN.US)$GM rose more than 5% after hours following earnings. Before the start of trading, they announced their earnings for the first quarter (January-March period), which exceeded expectations for earnings per share and revenue. EBIT also exceeded expectations. They also raised their guidance for earnings per share and EBIT for the full year.
USA $Texas Instruments (TXN.US)$GM rose more than 5% after hours following earnings. Before the start of trading, they announced their earnings for the first quarter (January-March period), which exceeded expectations for earnings per share and revenue. EBIT also exceeded expectations. They also raised their guidance for earnings per share and EBIT for the full year.
Texas Instruments shows a bullish outlook for revenue - suggesting a easing of the slump in semiconductor demand. They have indicated a strong outlook for second quarter (April-June period) revenue. It suggests that the slowdown in demand for industrial and automotive electronic components is easing.
Visa's profit increased by 17% in the first quarter, exceeding market expectations, due to increased card spending. $Visa (V.US)$The profit for the first quarter (second quarter) surpassed market expectations. Card spending in the United States increased.
Visa's profit increased by 17% in the first quarter, exceeding market expectations, due to increased card spending. $Visa (V.US)$The profit for the first quarter (second quarter) surpassed market expectations. Card spending in the United States increased.
French luxury goods company Kering expects a sharp decline in profits for the first half of the year, as wealthy Chinese consumers are hesitant to purchase Gucci products.
French luxury goods manufacturer Kering announced on the 23rd that it expects a sharp decline in profits for the first half of this year. There is a slowdown in purchases by wealthy individuals for its flagship brand, Gucci.
French luxury goods manufacturer Kering announced on the 23rd that it expects a sharp decline in profits for the first half of this year. There is a slowdown in purchases by wealthy individuals for its flagship brand, Gucci.
foreign exchange
Key Market Events
Source: Dow Jones, MINKABU, Fisco, Bloomberg, Wealth Advisor, Nikkei Newspaper
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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