[Morning Report] Chairman Powell rekindles the popularity of “meme stocks” showing the possibility of maintaining US interest rates at a higher level for a longer period of time Google, AI-equipped version
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 38,300 yen - 38,700 yen (14-day closing price 38,356 yen 06 sen)
● Chairman Powell indicates the possibility that US interest rates will remain at a high level for a longer period of time
● US PPI grows more than expected in April - some key items show calm
● Will the rekindling in popularity of “meme stocks” resonate? Money warning (NY Express)
● 121 excluded - 42 added, including 15 Japanese brands such as MSCI/ACWI and Sharp
● Google announces version of search engine equipped with generated AI
●Sony has begun to “reconsider” the acquisition of Paramount — CNBC Farber
●LME aluminum stocks are at a high level since '21, prices are rising - copper and nickel are cheap
-MOOMOO NEWS Amelia
● Chairman Powell indicates the possibility that US interest rates will remain at a high level for a longer period of time
● US PPI grows more than expected in April - some key items show calm
● Will the rekindling in popularity of “meme stocks” resonate? Money warning (NY Express)
● 121 excluded - 42 added, including 15 Japanese brands such as MSCI/ACWI and Sharp
● Google announces version of search engine equipped with generated AI
●Sony has begun to “reconsider” the acquisition of Paramount — CNBC Farber
●LME aluminum stocks are at a high level since '21, prices are rising - copper and nickel are cheap
-MOOMOO NEWS Amelia
Market Overview
In the US stock market on the 14th, the NY Dow Jones Industrial Average rebounded to 39,558 dollars 11 cents, 126 dollars 60 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 122.942 points to 10,6511.180. The Tokyo stock market on the 15th continued to have a dominant buying position centered on major stocks, and there is a large possibility that the Nikkei Stock Average will continue to grow. An emphasis from the middle to the second half of the 38,000 yen range is likely to be expected.
In the US stock market on the 14th, the NY Dow Jones Industrial Average rebounded to 39,558 dollars 11 cents, 126 dollars 60 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 122.942 points to 10,6511.180. The Tokyo stock market on the 15th continued to have a dominant buying position centered on major stocks, and there is a large possibility that the Nikkei Stock Average will continue to grow. An emphasis from the middle to the second half of the 38,000 yen range is likely to be expected.
Top news
Chairman Powell indicates the possibility that US interest rates will remain at a high level for a longer period of time
Chairman Powell of the US Federal Reserve (FRB) expressed the view that the US monetary authorities should be patient and that it is necessary to wait for evidence that inflation is continuously slowing down. The need to maintain policy interest rates at a high level over a longer period of time was emphasized.
Chairman Powell indicates the possibility that US interest rates will remain at a high level for a longer period of time
Chairman Powell of the US Federal Reserve (FRB) expressed the view that the US monetary authorities should be patient and that it is necessary to wait for evidence that inflation is continuously slowing down. The need to maintain policy interest rates at a high level over a longer period of time was emphasized.
US PPI grows more than expected in April - some key items show calm
The increase in the rice producer price index (PPI) in April compared to the previous month exceeded market expectations. However, the main categories used to calculate the personal consumption expenditure (PCE) price index, which the US financial authorities place importance on, showed relative calm.
The increase in the rice producer price index (PPI) in April compared to the previous month exceeded market expectations. However, the main categories used to calculate the personal consumption expenditure (PCE) price index, which the US financial authorities place importance on, showed relative calm.
Will the rekindling in popularity of “meme stocks” resonate? Money warning (NY Express)
The Dow Jones Industrial Average rose to 39,558 dollars in the US stock market on the 14th, and the March high (39,807 dollars) is approaching. What has become a hot topic in the rising market is the rekindling of the popularity of “meme (hayari) shares.”
Related articles:Meme stocks have skyrocketed! Game Stop, AMC, and the Instigator are back! Will we follow the same path as in '21?
Google announces version of search engine equipped with generative AI
paddy $Alphabet-A(GOOGL.US$Google, which is under its umbrella, announced a new version of the search engine equipped with artificial intelligence (AI) at the annual developer meeting held on the 14th.
Related articles:Google provides AI searches to the public instantaneously with the information you want
Amazon is the CEO's confidant at the top of the cloud “AWS”
paddy $Amazon(AMZN.US$It was announced on the 14th that the top management of US Amazon Web Services (AWS), an affiliated company that handles the main cloud computing business, will be replaced in June. A close aide to Chief Executive Officer Andy Jassie (CEO) will be appointed as the person responsible for the cloud.
Rapid rise in Oracle stock, reports of Musk's $10 billion cloud deal with Xai
On the US stock market on the 14th $Oracle(ORCL.US$There was a rapid increase, and it rose by more than 5% at one point. The technology information site The Information reported that a cloud contract on a scale of 10 billion dollars (about 1.56 trillion yen) between Elon Musk's artificial intelligence (AI) development company Xai and Oracle is close to agreement.
The Dow Jones Industrial Average rose to 39,558 dollars in the US stock market on the 14th, and the March high (39,807 dollars) is approaching. What has become a hot topic in the rising market is the rekindling of the popularity of “meme (hayari) shares.”
Related articles:Meme stocks have skyrocketed! Game Stop, AMC, and the Instigator are back! Will we follow the same path as in '21?
Google announces version of search engine equipped with generative AI
paddy $Alphabet-A(GOOGL.US$Google, which is under its umbrella, announced a new version of the search engine equipped with artificial intelligence (AI) at the annual developer meeting held on the 14th.
Related articles:Google provides AI searches to the public instantaneously with the information you want
Amazon is the CEO's confidant at the top of the cloud “AWS”
paddy $Amazon(AMZN.US$It was announced on the 14th that the top management of US Amazon Web Services (AWS), an affiliated company that handles the main cloud computing business, will be replaced in June. A close aide to Chief Executive Officer Andy Jassie (CEO) will be appointed as the person responsible for the cloud.
Rapid rise in Oracle stock, reports of Musk's $10 billion cloud deal with Xai
On the US stock market on the 14th $Oracle(ORCL.US$There was a rapid increase, and it rose by more than 5% at one point. The technology information site The Information reported that a cloud contract on a scale of 10 billion dollars (about 1.56 trillion yen) between Elon Musk's artificial intelligence (AI) development company Xai and Oracle is close to agreement.
121 excluded - 42 added, including 15 Japanese brands such as MSCI/ACWI and Sharp
MSCI announced on the 14th that 42 stocks will be added and 121 stocks will be excluded due to the replacement of incorporated stocks in the MSCI/ACWI Index. It will be implemented when the transaction ends on 5/31.
MSCI announced on the 14th that 42 stocks will be added and 121 stocks will be excluded due to the replacement of incorporated stocks in the MSCI/ACWI Index. It will be implemented when the transaction ends on 5/31.
Honda rationalizes 1,700 people hoping to retire in China due to sluggish sales
$Honda Motor(7267.JP$It became known that recruitment for local full-time employees who wish to retire in response to sluggish sales in China has begun. The target was employees involved in factory production operations, and about 1,700 people, which is 14% of the local joint venture, have already applied.
Related articles:Toyota and Honda's financial results for fiscal year 23, which are booming with the highest profits, beat Tesla and BYD in terms of performance and lost in stock prices!? Ready to pursue with enhanced shareholder returns
US Autonomous Driving startup supported by Mr. Altman considers collaboration with Suzuki in vehicle manufacturing
Sony has begun to “reconsider” the acquisition of Paramount — CNBC Farber
$Sony Group(6758.JP$Reporter David Farber of the US Economic Specialist Bureau CNBC reported that the possibility that the US investment company Apollo Global Management will present a plan to acquire the entire US film and television giant Paramount Global is “declining,” as a story of the person concerned. In response to the press, $Paramount Global-B(PARA.US$ Class B shares fell 8.6% at one point. Sony's American Depositary Receipts (ADR) temporarily rose 7.5%.
LME aluminum stocks are at their highest level since '21, prices are rising - copper and nickel are cheap
Aluminum stocks at London Metal Exchange (LME) designated warehouses swelled to a high level since 2021 on the 14th. There was a second mass delivery in the past few days to a warehouse in Port Klang, Malaysia. Aluminum inventories increased 15% to 1.03 million tons. It showed more growth than that on the 10th. The LME aluminum market price (3-month product) closed at 1 ton = 2551 dollars, 0.4% higher than the previous day.
Tokyo Stock Exchange Rate Forecast
Stock exchange rate forecast for the 15th = continued increase, in a position where the risk of high US stocks is on
$Honda Motor(7267.JP$It became known that recruitment for local full-time employees who wish to retire in response to sluggish sales in China has begun. The target was employees involved in factory production operations, and about 1,700 people, which is 14% of the local joint venture, have already applied.
Related articles:Toyota and Honda's financial results for fiscal year 23, which are booming with the highest profits, beat Tesla and BYD in terms of performance and lost in stock prices!? Ready to pursue with enhanced shareholder returns
US Autonomous Driving startup supported by Mr. Altman considers collaboration with Suzuki in vehicle manufacturing
Sony has begun to “reconsider” the acquisition of Paramount — CNBC Farber
$Sony Group(6758.JP$Reporter David Farber of the US Economic Specialist Bureau CNBC reported that the possibility that the US investment company Apollo Global Management will present a plan to acquire the entire US film and television giant Paramount Global is “declining,” as a story of the person concerned. In response to the press, $Paramount Global-B(PARA.US$ Class B shares fell 8.6% at one point. Sony's American Depositary Receipts (ADR) temporarily rose 7.5%.
LME aluminum stocks are at their highest level since '21, prices are rising - copper and nickel are cheap
Aluminum stocks at London Metal Exchange (LME) designated warehouses swelled to a high level since 2021 on the 14th. There was a second mass delivery in the past few days to a warehouse in Port Klang, Malaysia. Aluminum inventories increased 15% to 1.03 million tons. It showed more growth than that on the 10th. The LME aluminum market price (3-month product) closed at 1 ton = 2551 dollars, 0.4% higher than the previous day.
Tokyo Stock Exchange Rate Forecast
Stock exchange rate forecast for the 15th = continued increase, in a position where the risk of high US stocks is on
Foreign substitutes
Key Market Events
![[Morning Report] Chairman Powell rekindles the popularity of “meme stocks” showing the possibility of maintaining US interest rates at a higher level for a long...](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240515/2b4718da5d8bf04216f71d45f7511b2e.png/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Bloomberg, Nihon Keizai Shimbun, Welshadvisor, Fisco
![[Morning Report] Chairman Powell rekindles the popularity of “meme stocks” showing the possibility of maintaining US interest rates at a higher level for a long...](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240425/c3f0aeae25cc4bf947fff7f33d0f6a3a.png/big?area=105&is_public=true)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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