Outlook for the US market: Hedge fund investments in high-tech stocks reach an all-time high, with the Dow Jones opening 136 points lower.
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This is the financial market trend for tonight's New York Stock Exchange.
Market Overview
The US market started, with the Dow Jones Industrial Average, which consists of high-quality stocks, falling by $136.58 to 38,716.28, while the Nasdaq Composite Index, which has a high proportion of technology stocks, started down by 140.53 points to 16,879.35. The S&P 500, consisting of 500 large-cap stocks in the USA, decreased by 27.31 points to 5,278.73.
Market Overview
The US market started, with the Dow Jones Industrial Average, which consists of high-quality stocks, falling by $136.58 to 38,716.28, while the Nasdaq Composite Index, which has a high proportion of technology stocks, started down by 140.53 points to 16,879.35. The S&P 500, consisting of 500 large-cap stocks in the USA, decreased by 27.31 points to 5,278.73.
Both stocks and bonds declined.
US bonds fell due to weak government bond auctions and comments from the Federal Reserve Board (FRB) chairman suggesting long-term interest rate increases.
Due to lower-than-expected inflation data in Germany, European bonds also fell.
European stocks declined, mainly led by airlines. On the other hand, with increased geopolitical tensions in the Middle East and new attacks in the Red Sea, crude oil continued its upward trend.
US bonds fell due to weak government bond auctions and comments from the Federal Reserve Board (FRB) chairman suggesting long-term interest rate increases.
Due to lower-than-expected inflation data in Germany, European bonds also fell.
European stocks declined, mainly led by airlines. On the other hand, with increased geopolitical tensions in the Middle East and new attacks in the Red Sea, crude oil continued its upward trend.
Nvidia's rapid rise has led to the highest exposure to the hedge fund M7.
According to Goldman Sachs prime broker, hedge funds' exposure to major US tech companies reached a record high after Nvidia's earnings report last week.
So-called M7 ( $NVIDIA (NVDA.US)$ 、 $Apple (AAPL.US)$ 、 $Amazon (AMZN.US)$ 、 $Meta Platforms (META.US)$ 、 $Alphabet-C (GOOG.US)$ 、 $Tesla (TSLA.US)$ 、 $Microsoft (MSFT.US)$ Companies referred to as 'large cap' currently account for approximately 20.7% of the overall net exposure to individual US stocks by hedge funds.
According to Goldman Sachs prime broker, hedge funds' exposure to major US tech companies reached a record high after Nvidia's earnings report last week.
So-called M7 ( $NVIDIA (NVDA.US)$ 、 $Apple (AAPL.US)$ 、 $Amazon (AMZN.US)$ 、 $Meta Platforms (META.US)$ 、 $Alphabet-C (GOOG.US)$ 、 $Tesla (TSLA.US)$ 、 $Microsoft (MSFT.US)$ Companies referred to as 'large cap' currently account for approximately 20.7% of the overall net exposure to individual US stocks by hedge funds.
Nvidia, even with consecutive all-time highs, is not considered 'overpriced' by Melius Research.
Following Nvidia's earnings reports, the stock price surged nearly 20%, hitting all-time highs for three consecutive days. The company's stock price has risen over 130% year-to-date. Meanwhile, Ben Reitzes, an analyst at Melius Research, does not believe that Nvidia's stock price is overpriced.I do not think that Nvidia's stock price is overpriced.。
Following Nvidia's earnings reports, the stock price surged nearly 20%, hitting all-time highs for three consecutive days. The company's stock price has risen over 130% year-to-date. Meanwhile, Ben Reitzes, an analyst at Melius Research, does not believe that Nvidia's stock price is overpriced.I do not think that Nvidia's stock price is overpriced.。
Stocks related to 'cooling' in datacenters, hot in AI, for now.
Artificial intelligence (AI) is hot. Literally. The explosive growth of AI has led to a sharp increase in the energy demand of datacenters, generating significant excess heat. This has brought business opportunities to companies providing cooling systems for servers.
Artificial intelligence (AI) is hot. Literally. The explosive growth of AI has led to a sharp increase in the energy demand of datacenters, generating significant excess heat. This has brought business opportunities to companies providing cooling systems for servers.
moomoo News Zeber
Source: Dow Jones, moomoo, Bloomberg
This article uses auto-translation in part.
Source: Dow Jones, moomoo, Bloomberg
This article uses auto-translation in part.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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