Columns US Q2 GDP Recap: The Economy Expanded by a Robust 2.8% Rate, Significantly Surpassing Expectations
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according to the "advance" estimate. Economists polled by Dow Jones anticipated a 2.1% growth rate following a 1.4% rise in the first quarter.
Bureau of Economic Analysis noted that, compared to the first quarter, the acceleration in real GDP in the second quarter primarily reflected an upturn...
Bureau of Economic Analysis noted that, compared to the first quarter, the acceleration in real GDP in the second quarter primarily reflected an upturn...
![US Q2 GDP Recap: The Economy Expanded by a Robust 2.8% Rate, Significantly Surpassing Expectations](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240725/e938f6500af248e4939225828b5368bb.png?area=100&is_public=true)
![US Q2 GDP Recap: The Economy Expanded by a Robust 2.8% Rate, Significantly Surpassing Expectations](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240725/5b04112d3f7949579b312cbe3856c906.png?area=100&is_public=true/thumb)
![US Q2 GDP Recap: The Economy Expanded by a Robust 2.8% Rate, Significantly Surpassing Expectations](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240725/db16fbd72dc44255afa02e291544ceb1.png?area=100&is_public=true/thumb)
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The Bureau of Economic Analysis will release the Personal Consumption Expenditure and the price index at 8:30 ET on Friday. As high financing costs begin to affect consumer behavior, demand for leisure spending and interest-sensitive durable goods is likely to slow significantly.
Both the headline and Core PCE deflators are anticipated to make further progress as the momentum of inflation we...
Both the headline and Core PCE deflators are anticipated to make further progress as the momentum of inflation we...
![US June PCE Preview: The Upcoming Price Index Will Reinforce Expectations of a September Interest Rate Cut](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240725/490d9f1b83b54aeab5be849191c597aa.png?area=100&is_public=true/thumb)
![US June PCE Preview: The Upcoming Price Index Will Reinforce Expectations of a September Interest Rate Cut](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240725/edfc16bf845a44279155a4dffd9ba100.png?area=100&is_public=true/thumb)
![US June PCE Preview: The Upcoming Price Index Will Reinforce Expectations of a September Interest Rate Cut](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240725/ead2fd9c315e48d1aa551236d807ba4f.png?area=100&is_public=true/thumb)
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The stock price of $Intuitive Surgical(ISRG.US$ , the maker of Da Vinci surgical robot system surged 9.34% after its earnings report on Friday, and its market value exceeded $160 billion.
Second quarter revenue of $2.01 billion increased by 14% compared with $1.76 billion in the second quarter of 2023. The second quarter GAAP net income attributable to Intuitive was $52...
Second quarter revenue of $2.01 billion increased by 14% compared with $1.76 billion in the second quarter of 2023. The second quarter GAAP net income attributable to Intuitive was $52...
![Intuitive Surgical's Shares Soared 9.34% After Earnings Release: Unveiling the Competitive Advantages of the Medical Robot Star](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240722/deaeed97d7874c63b5bbaafc14eb7359.png?area=100&is_public=true/thumb)
![Intuitive Surgical's Shares Soared 9.34% After Earnings Release: Unveiling the Competitive Advantages of the Medical Robot Star](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240722/34212ed2b22e4415bbb8f528ae5b3e89.jpg?area=100&is_public=true/thumb)
![Intuitive Surgical's Shares Soared 9.34% After Earnings Release: Unveiling the Competitive Advantages of the Medical Robot Star](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240722/40809dc2f47d43e8a142054af9a4bfa7.png?area=100&is_public=true/thumb)
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$American Express(AXP.US$ , one of Berkshire Hathaway's largest holdings, will release its Q2 financial report before the bell on Friday. The upcoming earnings are expected to be bolstered by robust gains in loans and card fees, stringent cost management, and solid credit outcomes. The company still likely benefits from a premium customer demographic that typically in...
![American Express Earnings Preview: Low Double-Digit Profit Growth Will Be Welcomed as the Market Shifts Toward the Finance Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240718/c87414b48bcd4160b7516af81de8b489.png?area=100&is_public=true)
![American Express Earnings Preview: Low Double-Digit Profit Growth Will Be Welcomed as the Market Shifts Toward the Finance Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240718/523955895e9845188b2f8d56be8112fd.jpg?area=100&is_public=true/thumb)
![American Express Earnings Preview: Low Double-Digit Profit Growth Will Be Welcomed as the Market Shifts Toward the Finance Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240718/ba170ef4a561441ead98161d16cc6303.png?area=100&is_public=true/thumb)
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On July 11, the U.S. Bureau of Labor Statistics will release CPI data for June at 8:30 a.m. ET. The headline CPI is anticipated to show a modest increase of 0.1%, primarily due to a significant seasonally adjusted decrease in gasoline prices. The monthly core CPI is predicted to maintain a steady growth of 0.2%. Year-over-year, the headline CPI is projected to drop to 3.1%, down from May's 3.3%...
![US June CPI Preview: The Upcoming Inflation Data May Increase the Likelihood of a Rate Cut in September](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240710/c89b9fa4ead54ef894ec66d4361883c9.png?area=100&is_public=true)
![US June CPI Preview: The Upcoming Inflation Data May Increase the Likelihood of a Rate Cut in September](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240710/f0d70c4e478b49c1a963173c698c6827.png?area=100&is_public=true/thumb)
![US June CPI Preview: The Upcoming Inflation Data May Increase the Likelihood of a Rate Cut in September](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240710/fa716dfd8acb4cab9c18fdfa41eef51f.png?area=100&is_public=true/thumb)
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$Arm Holdings(ARM.US$ has risen more than 140% this year. Since the company does not directly produce AI chips, ARM was ignored when other AI chip stocks rose earlier. How does this UK-based company make money?
■ ARM's asset-light model creates ultra-high gross profit margins
Arm's current business model relies on two revenue components. The company earns fixed license fees in advance when it provides intellectual property (IP) ...
■ ARM's asset-light model creates ultra-high gross profit margins
Arm's current business model relies on two revenue components. The company earns fixed license fees in advance when it provides intellectual property (IP) ...
![ARM Hits Record High Today. What Are the Reasons Behind the Surge?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240705/1e1a9ff5c5fc4a0b949373c3037ca18e.png?area=100&is_public=true/thumb)
![ARM Hits Record High Today. What Are the Reasons Behind the Surge?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240705/5ff437b351674c7a8e8cacc6114200b1.jpg?area=100&is_public=true/thumb)
![ARM Hits Record High Today. What Are the Reasons Behind the Surge?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240705/a99bdc342531460aa1cf15b3e6e33440.png?area=100&is_public=true/thumb)
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US June's nonfarm payrolls report will be released at 8:30 a.m. ET this Friday. The median forecast of analysts for the June nonfarm employment is 189K, down from 272K in May. The unemployment rate is expected to remain at 4.0%.
In June, the Services PMI registered 48.8 percent, a 5-percentage point decrease compared to the May reading of 53.8 percent. The report noted that "It indicates the o...
In June, the Services PMI registered 48.8 percent, a 5-percentage point decrease compared to the May reading of 53.8 percent. The report noted that "It indicates the o...
![US June Nonfarm Payrolls Preview: Business Survey Indicates Services Sector's Employment Is Losing Steam](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240704/1aac7afcff8346dbb127aef975267c62.png?area=100&is_public=true/thumb)
![US June Nonfarm Payrolls Preview: Business Survey Indicates Services Sector's Employment Is Losing Steam](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240704/e54b2b6a74214a71978046edea0ca75e.jpg?area=100&is_public=true/thumb)
![US June Nonfarm Payrolls Preview: Business Survey Indicates Services Sector's Employment Is Losing Steam](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240704/c629b70f508e45cbb2449684ec113986.png?area=100&is_public=true/thumb)
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Columns Money Never Sleeps: What's Behind the Surging Performance of PE Giants Amid Rising Interest Rates?
Private Equity (PE) firms' earnings performance is closely related to the capital markets. The increased market volatility and high-interest-rate environment in recent years have compressed valuations in the primary market, posing challenges to traditional PE firms. However, many companies have actively transformed and expanded their stable sources of income. How has the PE industry transformed?
■ P...
■ P...
![Money Never Sleeps: What's Behind the Surging Performance of PE Giants Amid Rising Interest Rates?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240703/e2d4bf19aaf446baa10d9152bc02866c.png?area=100&is_public=true)
![Money Never Sleeps: What's Behind the Surging Performance of PE Giants Amid Rising Interest Rates?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240703/8c5298a9eb3246708bc90736fff85b5b.png?area=100&is_public=true)
![Money Never Sleeps: What's Behind the Surging Performance of PE Giants Amid Rising Interest Rates?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240703/7696bd5da45c4c7eb91c40ddf097f8f1.png?area=100&is_public=true)
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According to the Department of the Treasury, the federal deficit in May 2024 was $347 billion, an increase of $107 billion from the same period last year. The cumulative deficit in fiscal year 2024 was $1,202 billion, which is also higher than the $1,165 billion in the same period last year.
■ Deficits set to hit new highs. Will the market repeat the scenario from Q3 last year?
In Q...
■ Deficits set to hit new highs. Will the market repeat the scenario from Q3 last year?
In Q...
![Treasuries Dynamics: Fiscal Deficit Is Expected to Further Expand This Year. Will the U.S. Debt Storm Strike Again?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240702/696749e121174f87ab69818088010bc6.png?area=100&is_public=true)
![Treasuries Dynamics: Fiscal Deficit Is Expected to Further Expand This Year. Will the U.S. Debt Storm Strike Again?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240702/cb687529882743ff873a55e018f66f32.png?area=100&is_public=true)
![Treasuries Dynamics: Fiscal Deficit Is Expected to Further Expand This Year. Will the U.S. Debt Storm Strike Again?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240702/9762396ad8df4ec49b73794e66100420.png?area=100&is_public=true)
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The auto insurance sector has outperformed other financial stocks this year. Among them, Progressive's stock price has risen by more than 30%. Buffett has repeatedly praised Progressive for its "discipline in underwriting," and said in an interview that the company "does a better job" than Berkshire Hathaway's Geico.
■ Auto insurance prices have increased significantly since the epidemic
Inf...
■ Auto insurance prices have increased significantly since the epidemic
Inf...
![Progressive Corporation Has Risen More Than 30% This Year. Why Does Buffett Praise This Insurance Company?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240620/a4e09785217d4081adc55648b43c99bc.png?area=100&is_public=true/thumb)
![Progressive Corporation Has Risen More Than 30% This Year. Why Does Buffett Praise This Insurance Company?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240620/cd1479a3f2fc4f4e870d868bde137f95.jpg?area=100&is_public=true/thumb)
![Progressive Corporation Has Risen More Than 30% This Year. Why Does Buffett Praise This Insurance Company?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240620/a9dbc1530da549d79a9af2606352ea88.png?area=100&is_public=true/thumb)
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