Demand continues to be strong! Taiwan Semiconductor's sales in July increased by 44.7% year-on-year.

Thanks to the strong demand for AI and expected price increases, Taiwan Semiconductor's sales in July increased to NT$256.95 billion. Morgan Stanley has listed Taiwan Semiconductor as its preferred stock, stating that its valuation is more attractive after recent sell-offs.

wallstreetcn13minutes ago

Citi: Don't panic about the sharp decline in chip stocks, now is a good time to buy.

Citibank pointed out that although there has been a sharp decline in US chip stocks, this is mainly due to macroeconomic factors and high expectations. Semiconductors markets are still bullish, mainly because the demand for AI and storage markets remains strong. It is expected that DRAM prices will increase by 62% YoY in 2024, and Micron's performance guidance may be revised upward.

wallstreetcn00:03 ET

Take NVIDIA as an example to understand the investment strategy after losing money in stock buying | moomoo research

Moomoo Research22:00 ET

S&P rises over 2%, the best in nearly two years, with chip stocks up about 7%, Nasdaq and Chinese stocks up 2.8%, and US Treasury yields and the yen falling for three consecutive days.

The latest employment data alleviates concerns over the US economy, and US stocks rose more than 1.7%. Nvidia's stock rose more than 6%, and Tesla, Alibaba, PDD Holdings, and Tencent ADR rose more than 3%. Bullish on weight loss drug reports, Eli Lilly and Co's stock rose more than 13%, and Novo-Nordisk A/S's US stock rose nearly 8%. The 10-year US Treasury yield rose above 4%, and short-term bond yields rose by 10 basis points. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currency had a big increase.

wallstreetcn18:45 ET

Emerging markets stock market continues to suffer from bleeding, Vanguard etf has experienced the longest withdrawal since the outbreak.

As of this Wednesday, the largest investment in individual stocks, Taiwan Semiconductor, has seen continuous net outflows of funds for 10 trading days for the Vanguard Emerging Markets ETF (VWO), with investors withdrawing a total of 2.12 billion US dollars. However, analysts have been raising profit expectations for MSCI Emerging Markets Index component stocks for nine consecutive weeks.

wallstreetcn17:43 ET

AI-Powered Drug Discovery Firm Exscientia To Merge With Nvidia-Partner Recursion Pharmaceuticals

Benzinga17:37 ET