Outlook for the US market: Tesla temporarily fell more than 10%, and Nvidia also continued to decline. The Nasdaq Composite Index started 263 points lower.
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Tonight's insight on NY stock market.![]()
Market Overview
The US market started, with the Dow Jones Industrial Average, which is composed of high-quality stocks, opening at $40,210.63, down $147.46. The Nasdaq Composite Index, which has a high proportion of technology stocks, started at 17,733.91, down 263.44 points. The S&P 500, which consists of 500 large-cap stocks in the US, opened at 5,505.84, down 49.90 points.
The US market started, with the Dow Jones Industrial Average, which is composed of high-quality stocks, opening at $40,210.63, down $147.46. The Nasdaq Composite Index, which has a high proportion of technology stocks, started at 17,733.91, down 263.44 points. The S&P 500, which consists of 500 large-cap stocks in the US, opened at 5,505.84, down 49.90 points.
Top News
Tesla plummeted.
● $Tesla (TSLA.US)$Following the disappointing earnings report, European stocks $LVMH Moet Hennessy Louis Vuitton (LVMUY.US)$and Deutsche Bank released lackluster reports, causing $NASDAQ 100 Index (.NDX.US)$ stock futures to lag, particularly in the Australian market.
Tesla stock temporarily dropped more than 8% in pre-market trading due to lower-than-expected profits and the postponement of the expected announcement of autonomous driving robot taxis.
Related articles:Tesla falls after earnings announcement outside of trading hours. What are the key points to look out for in the future?、Column: The Common Ground Between Mr. Musk and Mr. Trump in the EV Industry
● $Tesla (TSLA.US)$Following the disappointing earnings report, European stocks $LVMH Moet Hennessy Louis Vuitton (LVMUY.US)$and Deutsche Bank released lackluster reports, causing $NASDAQ 100 Index (.NDX.US)$ stock futures to lag, particularly in the Australian market.
Tesla stock temporarily dropped more than 8% in pre-market trading due to lower-than-expected profits and the postponement of the expected announcement of autonomous driving robot taxis.
Related articles:Tesla falls after earnings announcement outside of trading hours. What are the key points to look out for in the future?、Column: The Common Ground Between Mr. Musk and Mr. Trump in the EV Industry
AI of Alphabet Inc.
Another company referred to as the "Magnificent Seven" is the parent company of Google. $Alphabet-C (GOOG.US)$Thanks to strong demand for cloud computing services and search engine advertising, another of the "Magnificent Seven" exceeded analysts' financial estimates in its second quarter earnings.
●However, there are investors who, due to the investment of billions of dollars in AI, are seeking clear evidence of its return on investment. The stock price fluctuated in after-hours trading after the earnings announcement and has declined in pre-market trading.
Related articles:【Earnings Summary】Google, strong advertising, cloud business grows by 29%!
Another company referred to as the "Magnificent Seven" is the parent company of Google. $Alphabet-C (GOOG.US)$Thanks to strong demand for cloud computing services and search engine advertising, another of the "Magnificent Seven" exceeded analysts' financial estimates in its second quarter earnings.
●However, there are investors who, due to the investment of billions of dollars in AI, are seeking clear evidence of its return on investment. The stock price fluctuated in after-hours trading after the earnings announcement and has declined in pre-market trading.
Related articles:【Earnings Summary】Google, strong advertising, cloud business grows by 29%!
Recent trends support a more aggressive rate cut by the FRB, potentially weakening the dollar in the second half, according to Mitsubishi UFJ.
●Recent developments support a more aggressive rate cut by the Federal Reserve Board (FRB).Support rate cut.and pointed out that there is a possibility of a weaker dollar in the second half of 2024, due to the recent developments supporting a more aggressive rate cut by the FRB, according to an analyst at Mitsubishi UFJ.
●In the report, analysts at the bank stated that the sharp drop in the inflation rate announced in the United States in June is the strongest evidence yet that inflation is slowing down, and they expect the FRB to show confidence in achieving the inflation target at the July 31st meeting.
In addition, it is expected that the release of weak inflation data in the United States next month may lead to the possibility of the Federal Reserve cutting interest rates in September.
●Recent developments support a more aggressive rate cut by the Federal Reserve Board (FRB).Support rate cut.and pointed out that there is a possibility of a weaker dollar in the second half of 2024, due to the recent developments supporting a more aggressive rate cut by the FRB, according to an analyst at Mitsubishi UFJ.
●In the report, analysts at the bank stated that the sharp drop in the inflation rate announced in the United States in June is the strongest evidence yet that inflation is slowing down, and they expect the FRB to show confidence in achieving the inflation target at the July 31st meeting.
In addition, it is expected that the release of weak inflation data in the United States next month may lead to the possibility of the Federal Reserve cutting interest rates in September.
Update for malfunction
A cyber security company in the midst of a global IT outage $CrowdStrike (CRWD.US)$It was announced that the meltdown last week was caused by a bug in the security mechanism, and defective data leaked to customers due to a failed update.
The company is trying to summarize a series of events that have led to a large-scale IT outage, like nothing the world has experienced before, and has stated that it will improve the testing of updates.
A cyber security company in the midst of a global IT outage $CrowdStrike (CRWD.US)$It was announced that the meltdown last week was caused by a bug in the security mechanism, and defective data leaked to customers due to a failed update.
The company is trying to summarize a series of events that have led to a large-scale IT outage, like nothing the world has experienced before, and has stated that it will improve the testing of updates.
Llama is expected to become a new standard in open-source AI, and version 3.1 is a significant turning point according to CEO Mark Zuckerberg in an interview with tech media Rowan Cheung.
● $Meta Platforms (META.US)$In an interview with tech media Rowan Cheung, CEO Mark Zuckerberg, the founder of Llama, stated that open-source brings benefits to everyone and plays a crucial role in advancing AI development to make it safer and more reliable, and that the release of Llama 3.1 is a step in that direction.
Furthermore, it also revealed the latest progress of Llama 4 and expressed a negative view on Apple's closed ecosystem.
● $Meta Platforms (META.US)$In an interview with tech media Rowan Cheung, CEO Mark Zuckerberg, the founder of Llama, stated that open-source brings benefits to everyone and plays a crucial role in advancing AI development to make it safer and more reliable, and that the release of Llama 3.1 is a step in that direction.
Furthermore, it also revealed the latest progress of Llama 4 and expressed a negative view on Apple's closed ecosystem.
moomoo news zeber
Source: moomoo, Bloomberg, Dow Jones
This article uses auto-translation in part.
Source: moomoo, Bloomberg, Dow Jones
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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181338057犬心久美子 : Tight waist![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
It fell to the point where it became
️![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
That's it![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
️ mental 
️
.
️
are looking even further ahead![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Also, sending regular donations and support money to TRUMP support 
groups... is a complete hoax 
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Think about the health and life of 
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I like it, don't you![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
️
→ 
Midnight Cue
Oha Ga
It's only when you say this that's mental
TRUMP raised that fist
I've endured and fought for the past 4 years even if I was oppressed by all kinds of traps or exposed to the danger of darkness.
Elon Musk isn't awesome either
Unmanned taxis and robots
Even though I'm angry that's ridiculous
TRUMP says the feeling of support hasn't changed.
I wonder how these two developed their strong mentality.
I am an important person for something more important than investment
family
Like getting them to eat something good for their health.
Like being passionate about something you like
Next, tough investments
In the end
The important thing is not to leave
There is no unstoppable rain
I hope everyone does their best.
181338057犬心久美子 181338057犬心久美子 : Thank you to everyone who liked it