Shouldn't this go higher?
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$CapAllianz (594.SG)$ don't surprise when this shoot up high...
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$Intl Cement (KUO.SG)$ need to wait only.. Don't rush
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Boiy Ang
reacted to
By Julianna
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures edged higher early Thursday morning after the Dow Jones Industrial Average reclaimed a 459-point loss on Wednesday as investor concerns about a debt ceiling deal eased.
- The Detroit auto maker GM wants to more than double revenue by 2030 aided by new electric models, including an entry-point vehicle priced at $30,000.
Market Snapshot
U.S. stock futures edged higher early Thursday morning after the Dow Jones Industrial Average reclaimed a 459-point loss on Wednesday as investor concerns about a debt ceiling deal eased.
Dow Jones Industrial Average futures rose 179 points. S&P 500 and Nasdaq 100 futures were also in positive territory.
Top News
Stock futures rise ahead of jobless claims
U.S. stock futures inched higher, with contracts on the technology-heavy Nasdaq-100 leading the gains ahead of jobless figures and data on consumer credit.
Democrats weigh gop offer for short-term debt-limit extension
Senate Democrats were poised to accept a GOP proposal to defer the showdown over the debt ceiling until December, as administration officials and corporate executives warned about the dangers of a possible government default.
Justice Department sets up national cryptocurrency enforcement team
The U.S. Justice Department is creating a national cryptocurrency enforcement team to tackle investigations and prosecutions of criminal misuses of cryptocurrency and to recover the illicit proceeds from these crimes, Deputy Attorney General Lisa Monaco said.
Natural gas prices take wild ride after putin comments
The Russian president said the country's gas supplies to Europe are set to reach a record this year.
Coal shortages push up prices, weigh on economies
Ahead of next month's climate-change summit in Glasgow, a growing coal crunch is laying bare the challenges in weaning the planet off its most polluting fossil fuel.
Facebook slows new products to examine possible impact
Executives at the company also put a hold on some work on new and existing products while more than a dozen people are involved in conducting "reputational reviews" to examine how $Meta Platforms (FB.US)$may be criticized and to ensure products don't adversely affect children.
Twitter sells mobile ad firm MoPub to AppLovin for $1.05 billion
$Twitter (Delisted) (TWTR.US)$is selling mobile ad firm MoPub to $Applovin (APP.US)$for $1.05 billion in cash, the company said.
NASA says Boeing's Starliner won't attempt launch again this year
The U.S. space agency has reassigned two astronauts from $Boeing (BA.US)$missions to a future SpaceX flight.
GM aims high on revenue, challenges Tesla with electric SUV
The Detroit auto maker $General Motors (GM.US)$wants to more than double revenue by 2030 aided by new electric models, including an entry-point vehicle priced at $30,000. $Tesla (TSLA.US)$
Read More:
Dow set to rise, debt ceiling and energy crunch fears ease
Palantir, Tilray, Affirm see high WallStreetBets interest but this stock tops the charts today
Apple's crown as world's most valuable company is threatened by Aramco as oil prices rise
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures edged higher early Thursday morning after the Dow Jones Industrial Average reclaimed a 459-point loss on Wednesday as investor concerns about a debt ceiling deal eased.
- The Detroit auto maker GM wants to more than double revenue by 2030 aided by new electric models, including an entry-point vehicle priced at $30,000.
Market Snapshot
U.S. stock futures edged higher early Thursday morning after the Dow Jones Industrial Average reclaimed a 459-point loss on Wednesday as investor concerns about a debt ceiling deal eased.
Dow Jones Industrial Average futures rose 179 points. S&P 500 and Nasdaq 100 futures were also in positive territory.
Top News
Stock futures rise ahead of jobless claims
U.S. stock futures inched higher, with contracts on the technology-heavy Nasdaq-100 leading the gains ahead of jobless figures and data on consumer credit.
Democrats weigh gop offer for short-term debt-limit extension
Senate Democrats were poised to accept a GOP proposal to defer the showdown over the debt ceiling until December, as administration officials and corporate executives warned about the dangers of a possible government default.
Justice Department sets up national cryptocurrency enforcement team
The U.S. Justice Department is creating a national cryptocurrency enforcement team to tackle investigations and prosecutions of criminal misuses of cryptocurrency and to recover the illicit proceeds from these crimes, Deputy Attorney General Lisa Monaco said.
Natural gas prices take wild ride after putin comments
The Russian president said the country's gas supplies to Europe are set to reach a record this year.
Coal shortages push up prices, weigh on economies
Ahead of next month's climate-change summit in Glasgow, a growing coal crunch is laying bare the challenges in weaning the planet off its most polluting fossil fuel.
Facebook slows new products to examine possible impact
Executives at the company also put a hold on some work on new and existing products while more than a dozen people are involved in conducting "reputational reviews" to examine how $Meta Platforms (FB.US)$may be criticized and to ensure products don't adversely affect children.
Twitter sells mobile ad firm MoPub to AppLovin for $1.05 billion
$Twitter (Delisted) (TWTR.US)$is selling mobile ad firm MoPub to $Applovin (APP.US)$for $1.05 billion in cash, the company said.
NASA says Boeing's Starliner won't attempt launch again this year
The U.S. space agency has reassigned two astronauts from $Boeing (BA.US)$missions to a future SpaceX flight.
GM aims high on revenue, challenges Tesla with electric SUV
The Detroit auto maker $General Motors (GM.US)$wants to more than double revenue by 2030 aided by new electric models, including an entry-point vehicle priced at $30,000. $Tesla (TSLA.US)$
Read More:
Dow set to rise, debt ceiling and energy crunch fears ease
Palantir, Tilray, Affirm see high WallStreetBets interest but this stock tops the charts today
Apple's crown as world's most valuable company is threatened by Aramco as oil prices rise
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
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Boiy Ang
liked
Is it still the right time to buy these stocks? Are they cheap or expensive?
We will use stock's PE ratio to answer these questions. It is an indicator to help investors measure the stock price.
By comparing the stock's current PE with its historical average PE, we can simply see whether the current share price is high or low.
Generally, a low PE might indicate that the current stock price is low relative to earnings.
1. $Microsoft (MSFT.US)$
- Current Stock Price: 281.92
- Current PE: 35.02
- Average PE: 32.73
Conclusion:
- Microsoft's current PE(35.02) is a little higher than the averagee(32.73), but stilla fair price.
2. $NVIDIA (NVDA.US)$
- Current StockPrice: 207.16
- Current PE: 74.12
- Average PE: 67.96
Conclusion:
- Nvidia's current PE(74.12) is a little higher than the average(67.96), but still a fair price.
3. $Intel (INTC.US)$
- Current Stock Price: 53.28
- Current PE: 11.84
- Average PE: 11.67
Conclusion:
- Intel's current PE(11.84) is close to the average(11.67), it's a fair price.
Tips: You can find the PE ratio at here in Moomoo
PE is not the only way to valuate stocks, but past average PE can work as a benchmark when comparing with current PE. This will help us get an idea on whether the stock is 'cheap or expensive'.
And PE is a long-term indicator, so it cannot provide much help for short-term transactions.
If there is anything else you would like to know, ask me in the comment section below!
We will use stock's PE ratio to answer these questions. It is an indicator to help investors measure the stock price.
By comparing the stock's current PE with its historical average PE, we can simply see whether the current share price is high or low.
Generally, a low PE might indicate that the current stock price is low relative to earnings.
1. $Microsoft (MSFT.US)$
- Current Stock Price: 281.92
- Current PE: 35.02
- Average PE: 32.73
Conclusion:
- Microsoft's current PE(35.02) is a little higher than the averagee(32.73), but stilla fair price.
2. $NVIDIA (NVDA.US)$
- Current StockPrice: 207.16
- Current PE: 74.12
- Average PE: 67.96
Conclusion:
- Nvidia's current PE(74.12) is a little higher than the average(67.96), but still a fair price.
3. $Intel (INTC.US)$
- Current Stock Price: 53.28
- Current PE: 11.84
- Average PE: 11.67
Conclusion:
- Intel's current PE(11.84) is close to the average(11.67), it's a fair price.
Tips: You can find the PE ratio at here in Moomoo
PE is not the only way to valuate stocks, but past average PE can work as a benchmark when comparing with current PE. This will help us get an idea on whether the stock is 'cheap or expensive'.
And PE is a long-term indicator, so it cannot provide much help for short-term transactions.
If there is anything else you would like to know, ask me in the comment section below!
+1
32
7
Boiy Ang
liked
$Sheng Siong (OV8.SG)$ Finally entered the market 🧐
Translated
3
Boiy Ang
liked and commented on
For beginners, placing an order sometimes can be a difficult task.
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
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