The second quarter kicked off with a challenging start for US stocks. Reduced expectations for rate cuts, soaring US Treasury yields, and frequent geopolitical conflicts have caused a series of negative disruptions that made things difficult. The $S&P 500 Index(.SPX.US$ dropped nearly 3% in April, ending its five-month winning streak. However, there were positive signs as investor o...
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The earnings season for major tech companies is underway, with key players on the Nasdaq, such as $Microsoft(MSFT.US$, $Alphabet-A(GOOGL.US$, and $Amazon(AMZN.US$, set to announce their financial results in the coming weeks and months. Big technology-related company earnings are expected to again lead $S&P 500 Index(.SPX.US$ profit growth in the upcoming U.S. reporting period, which could refuel optimism for stock market.
Here's when...
Here's when...
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Annual inflation rate in the US accelerated for a second straight month to 3.5% in March 2024 from 3.2% in February, above market forecasts of 3.4%. Compared to the previous month, the CPI rose 0.4%, the same as in February but above forecasts of 0.3%.
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.1% YoY. Energy costs decreased by 1.9% YoY in February.
Used cars and trucks prices decreas...
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.1% YoY. Energy costs decreased by 1.9% YoY in February.
Used cars and trucks prices decreas...
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Tesla said it produced 433,371 vehicles in the first quarter, down from 440,808 in the same period a year ago. Deliveries fell to 386,810, down from 422,875 in the same period last year.
The decline in volumes in Q1 partially due to early phase of production ramp of updated model 3 at fremont factory and factory shutdowns.
Analysts expected deliveries of 449,080 vehicles in the quarter. A collection of 30 predictions, compiled ...
The decline in volumes in Q1 partially due to early phase of production ramp of updated model 3 at fremont factory and factory shutdowns.
Analysts expected deliveries of 449,080 vehicles in the quarter. A collection of 30 predictions, compiled ...
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In March, the bullish trend of the US stocks continued and broadened beyond the large-cap tech stocks, with cyclical industries such as industrials, finance, and energy also performing well. This collective strength supported the major US indices to reach new historical highs. Specifically, the $S&P 500 Index(.SPX.US$ surged 3.10% during the month and broke through the 5,200 level, mar...
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Humanoid robots are marvels of modern engineering, requiring a diverse array of components such as actuators for movement, sensors for environmental interaction, advanced control systems for decision-making, reliable power supplies, sophisticated chips for processing, cutting-edge software for operations, and communication systems to interact with the world around them. Each part is crucial, and theprecision...
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$Taiwan Semiconductor(TSM.US$ stands as a titan in the semiconductor industry, renowned for its advanced chip fabrication capabilities. As TSMC announces substantial capital expenditures to expand and upgrade its manufacturing facilities, the ripple effect is set to benefit a wide array of suppliers in the semiconductor ecosystem. Its suppliers can be categorized into several key areas:
Equipment Suppliers:
$ASML Holding(ASML.US$: A leadin...
Equipment Suppliers:
$ASML Holding(ASML.US$: A leadin...
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The consumer price index in the United States rose by 3.2% year-over-year to 310.326 points in February 2024, following a 3.1% increase in January and slightly exceeding the market consensus of a 3.1% advance.
Food costs were up 2.2% compared with one year ago, down from 2.6% YoY compared to last month.
Energy costs decreased by 1.9% YoY. Energy costs decreased by 4.6% YoY in January. Energy prices increased by 2.2% on a MoM base.
Used cars and ...
Food costs were up 2.2% compared with one year ago, down from 2.6% YoY compared to last month.
Energy costs decreased by 1.9% YoY. Energy costs decreased by 4.6% YoY in January. Energy prices increased by 2.2% on a MoM base.
Used cars and ...
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Common logic might suggest that as the stock price climbs, so would the P/E ratio, making the stock more expensive. But NVIDIA's earnings have been growing at a rapid pace, outpacing the stock price increase. Nvidia's Q4 earnings soared beyond top and bottom lines expectations, with revenues and non-GAAP EPS coming in at $22.1B (up +265% y/y) and $5.16 (up +486% y/y), respectively. As a result, the P/E ratio actually...
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