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Prior to the announcement of the second quarter financial results, Bernstein analysts said $Apple(AAPL.US$ The rating was raised from “buy” to “hold.” Since iPhone sales are slowing down against the backdrop of a difficult situation in China, which is the largest market, Apple stocks are underperforming other companies in the same industry and the market as a whole.
China's current weakness is not structural but rather a business cycle, and I believe there are no serious long-term concerns. Furthermore, the analyst pointed out that since Apple's customer base is still sensitive to product functions, Apple's business in China has historically shown high variability. It is thought that the replacement cycle and tailwind due to new AI functions will support sales of the iPhone 16.
Apple to announce second quarter results
Apple will announce its second quarter results on Thursday, May 2. Wall Street anticipates that Apple's earnings and earnings will be hit in the short term due to sluggish hardware sales.
Analysts expect the company's sales to drop 4.7% from the previous year. Furthermore, war...
China's current weakness is not structural but rather a business cycle, and I believe there are no serious long-term concerns. Furthermore, the analyst pointed out that since Apple's customer base is still sensitive to product functions, Apple's business in China has historically shown high variability. It is thought that the replacement cycle and tailwind due to new AI functions will support sales of the iPhone 16.
Apple to announce second quarter results
Apple will announce its second quarter results on Thursday, May 2. Wall Street anticipates that Apple's earnings and earnings will be hit in the short term due to sluggish hardware sales.
Analysts expect the company's sales to drop 4.7% from the previous year. Furthermore, war...
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Good evening to all Moomoo users!
This is the reading for tonight's NY stock.![]()
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 29.18 dollars to 38819.61 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 71.52 points to 16031.93. The S&P 500 average, which consists of stocks of 500 companies that are large US stocks, fell 10.33 points to 5139.09.
$Dow Jones Industrial Average(.DJI.US$
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
NVIDIA CEO to reduce shortage of AI semiconductors “bigger”
Major US semiconductor company $NVIDIA(NVDA.US$continues to run fast. New semiconductor products used in generative AI (artificial intelligence) were announced at our in-house event held on the 18th. Chief Executive Officer Jensen Hwang (CEO) said, “We need a large number of huge semiconductors to run more sophisticated AI...
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 29.18 dollars to 38819.61 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 71.52 points to 16031.93. The S&P 500 average, which consists of stocks of 500 companies that are large US stocks, fell 10.33 points to 5139.09.
$Dow Jones Industrial Average(.DJI.US$
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
NVIDIA CEO to reduce shortage of AI semiconductors “bigger”
Major US semiconductor company $NVIDIA(NVDA.US$continues to run fast. New semiconductor products used in generative AI (artificial intelligence) were announced at our in-house event held on the 18th. Chief Executive Officer Jensen Hwang (CEO) said, “We need a large number of huge semiconductors to run more sophisticated AI...
Translated
![US Market Outlook: The stock price rise of the companies mentioned by NVIDIA CEO as “King Maker” and the Dow Average started with a rise of 29 dollars](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240319/6703eec8fd394260909dc0d82dcc0bee.png/thumb?area=105&is_public=true)
![US Market Outlook: The stock price rise of the companies mentioned by NVIDIA CEO as “King Maker” and the Dow Average started with a rise of 29 dollars](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240319/59914e56eccc4060ae81699303e89052.png/thumb?area=105&is_public=true)
![US Market Outlook: The stock price rise of the companies mentioned by NVIDIA CEO as “King Maker” and the Dow Average started with a rise of 29 dollars](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240318/1710717227923-772b9e7c6f.png?area=105&is_public=true/thumb)
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