PLTR
Palantir
-- 112.060 SMCI
Super Micro Computer
-- 60.250 NVDA
NVIDIA
-- 139.230 TSLA
Tesla
-- 360.560 INTC
Intel
-- 25.720 Outlook on the USA market: Is Apple becoming the new king of AI? The Nasdaq index started 134 points higher.
Good evening, Moomoo users!![]()
Tonight's analysis of NY stocks.![]()
Market Overview
Starting the USA market session, the Dow Jones Industrial Average, composed of high-quality stocks, opened 31.11 points higher at 41,366.16, while the Nasdaq Composite Index, with a high proportion of high-tech stocks, began 134.06 points higher at 17,650.49. The S&P 500 average, consisting of 500 large-cap stocks in the USA, opened 20.78 points higher at 5,612.74.
Starting the USA market session, the Dow Jones Industrial Average, composed of high-quality stocks, opened 31.11 points higher at 41,366.16, while the Nasdaq Composite Index, with a high proportion of high-tech stocks, began 134.06 points higher at 17,650.49. The S&P 500 average, consisting of 500 large-cap stocks in the USA, opened 20.78 points higher at 5,612.74.
Top News
[Indicator Flash Report] US PCE Core Price Index, a focus of the FRB, increased by 2.6% year-on-year in July, slightly below the market expectation of 2.7%.
●Focus of the FRBUS PCE Core Price Index、In July, it increased by 2.60% year-on-yearThe expectation was 2.70% increase, compared to the previous period's increase of 2.60%.
●Focus of the FRBUS PCE Core Price Index、In July, it increased by 2.60% year-on-yearThe expectation was 2.70% increase, compared to the previous period's increase of 2.60%.
With a moderate decrease in inflation rate, the observation of a 25bp FRB rate cut in September intensifies.
If it is confirmed that the Federal Reserve Board (FRB) is prepared to cut interest rates in September at the Jackson Hole meeting, some analysts said that the inflation data on Friday reinforced expectations for a 25bp rate cut rather than 50 basis points.
As the July inflation data turned out to be almost as expected, the yields remained almost unchanged. The market is also betting on reducing the size of the rate cut next month.
Traders have continued to anticipate a significant rate cut in November or December, but if there is no more than expected decline and prices gradually cool, the market may reconsider those expectations.
If it is confirmed that the Federal Reserve Board (FRB) is prepared to cut interest rates in September at the Jackson Hole meeting, some analysts said that the inflation data on Friday reinforced expectations for a 25bp rate cut rather than 50 basis points.
As the July inflation data turned out to be almost as expected, the yields remained almost unchanged. The market is also betting on reducing the size of the rate cut next month.
Traders have continued to anticipate a significant rate cut in November or December, but if there is no more than expected decline and prices gradually cool, the market may reconsider those expectations.
Rate cut speculation is on the rise, leading to a rally in US bonds
Due to expectations of financial easing, US bonds have recorded the longest monthly rally in the past 3 years.
The US bond yield was 1.5% until Thursday in August.
According to the Bloomberg US Bond Total Return Index, it marks the longest 4-month increase since July 2021.
Due to expectations of financial easing, US bonds have recorded the longest monthly rally in the past 3 years.
The US bond yield was 1.5% until Thursday in August.
According to the Bloomberg US Bond Total Return Index, it marks the longest 4-month increase since July 2021.
Related articles:
The first installment of 'Fed rate cut trade'! Along with the FRB's decision, could the biotech stocks begin to rebound?
"US rate cut trade" Part 2! Defensive nature + AI boom Is there also a chance for utility stocks?
Low interest rate environment promotes consumption and increases consumer disposable income. This means stable or growing demand for companies providing essential consumer goods such as food, beverages, and other basic necessities.
The first installment of 'Fed rate cut trade'! Along with the FRB's decision, could the biotech stocks begin to rebound?
"US rate cut trade" Part 2! Defensive nature + AI boom Is there also a chance for utility stocks?
Low interest rate environment promotes consumption and increases consumer disposable income. This means stable or growing demand for companies providing essential consumer goods such as food, beverages, and other basic necessities.
Stock price recovery in August
● August may have started with a depressing decline in stock prices, but the steady recovery since then has brought global stocks closer to their fourth consecutive month of gains.
● In the United States, $S&P 500 Index (.SPX.US)$The month that has become negative has only occurred once since the end of last year, recording a 17% increase since the beginning of 2024.
● August may have started with a depressing decline in stock prices, but the steady recovery since then has brought global stocks closer to their fourth consecutive month of gains.
● In the United States, $S&P 500 Index (.SPX.US)$The month that has become negative has only occurred once since the end of last year, recording a 17% increase since the beginning of 2024.
Why is Apple emerging as the leading AI stock, overtaking Nvidia? - Citi
- City believes that the AI industry is transitioning from the infrastructure stage to the final consumer stage. $Apple (AAPL.US)$It is expected to achieve further success in the AI device era with 'Apple Intelligence'.
- City believes that the AI industry is transitioning from the infrastructure stage to the final consumer stage. $Apple (AAPL.US)$It is expected to achieve further success in the AI device era with 'Apple Intelligence'.
- Currently, Apple is planning to announce the new iPhone 16, which is scheduled to be officially announced at the product launch event 'It's Glowtime' on September 9th.
- According to City's perspective, the AI mobile phone market has great potential.
[Breaking News] Intel jumps more than 6% after hours, possible sale of Foundry business = BG
$Intel (INTC.US)$ - is an investment bank. $Morgan Stanley (MS.US)$ and $Goldman Sachs (GS.US)$ According to Bloomberg, dow inc is exploring ways to overcome challenging times together.
$Intel (INTC.US)$ - is an investment bank. $Morgan Stanley (MS.US)$ and $Goldman Sachs (GS.US)$ According to Bloomberg, dow inc is exploring ways to overcome challenging times together.
Optimistic view of the European index
European stocks have been rising for 4 weeks and are reaching record highs.
On Friday, it was reported that favorable inflation data caused the eurozone's inflation rate to fall to its lowest level since mid-2021.
These numbers are following a similar slowdown in France, Spain, and Germany, and are supporting the European Central Bank's (ECB) decision to further lower interest rates.
European stocks have been rising for 4 weeks and are reaching record highs.
On Friday, it was reported that favorable inflation data caused the eurozone's inflation rate to fall to its lowest level since mid-2021.
These numbers are following a similar slowdown in France, Spain, and Germany, and are supporting the European Central Bank's (ECB) decision to further lower interest rates.
moomoo News Zeber
Source: moomoo, Bloomberg, Dow Jones
This article utilizes auto-translation in some parts.
Source: moomoo, Bloomberg, Dow Jones
This article utilizes auto-translation in some parts.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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182956972 : So, who is the new king of AI replacing Apple and Nvidia? Is it Apple Intelligence? This article is kind of confusing, isn't it?
へこきよ : I also thought so, but as I read it again and again, I understood that it means 'changing from Apple to Nvidia'.
hidebokun : If you go to apple, you should go to broadcom!
182956972 へこきよ : Um, thank you for the explanation, lol.
Kimihiko 182956972 : Mr. Hirose believes that Apple is the most susceptible to decline.