AMD is set to report earnings for the first quarter of its 2024 fiscal year on Tuesday, Apr. 30, after the close of the market. The chipmaker is up about 3% year-to-date, underperforming its rival Nvidia's 77% and the Semiconductor Philadelphia Index's 13%.
Consensus Estimates
•Analysts project AMD's Q1 revenue at $5.45 billion, up slightly from year-ago period.
•Earnings per share (EPS) are expected to be $0.17, compared with $-0....

Next week's points
Japanese stocks are likely to solidify their lower prices next week. Long-term interest rates in the US have reached a high level for the first time in 16 years, and there is a strong sense of caution about valuation adjustments and the outlook for the economy. Meanwhile, adjustments to stock price levels have progressed,It's easy to buy at a lower price due to expectations for corporate financial resultsBloomberg reports.
To be announced next weekSummary of the September US FOMC proceedings、US Consumer Price Index (CPI) for SeptemberThe market price will be greatly affected. Depends on the contentThere is a possibility that fluctuations in long-term US interest rates will increase. According to Asset Management One, it seems that US stocks will continue to be unstable until it is confirmed that US interest rates have hit the ceiling. On the other hand, although there are many uneasy elements, it seems that there are many investors who move to pick up lower prices due to a sense of affordability at the current level of the Nikkei Average.
This week's market points
1. The Nikkei Average continues to decline for 3 weeks and falls below 31,000 yen
2. The Nikkei Average has been fluctuating since Monday and stalled after high in the morning
3. Risk aversion mood disgusted by rising interest rates in Europe and the US
4. The depreciation of the yen progressed to 150.16 yen at one point
5. Waiting for US employment statistics, wait-and-see attitude, buybacks do not continue
6...

[Rewards] NIO Q2 margins contracted continually, and revamped models began shipping
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KEY Figures:
● Q2 total revenues were US$1,209.7 million, representing a decrease of 14.8% YoY (year-on-year) and a decrease of 17.8% from the first quarter of 2023. Specifically, vehicle sales were US$990.9 million in this quarter.
● Vehicle deliveries were 23,520 in Q2 2023, consisting ...

Tesla's first quarter earnings triggered a near 10% sell-off Thursday, investors concerned about margins as the company continues to cut prices.
But that did not faze Ark Invest's Cathie Wood. She expected Tesla to hit $2000 a share by 2027 and bought over 256,000 shares of Tesla at an estimated valuation of over $41.7 million based on Thursday's closing price.
Tesla's prospective robotaxi business line is a key driver, contrib...