Nonfarm Payrolls/Unemployment Rate Breakdown Highlights: -Total nonfarm payroll employment increased by 175,000 in April 2024, although this marked a deceleration from the robust growth observed in March. -Despite the slowdown, job gains were notable in key sectors such as healthcare, social assistance, and transportation and warehousing. -The unemployment rate moved up slightly to 3.9%, indicating overall stability in the labor market. -Average hour...
Morning mooers! It is Friday, May 3rd, and the market green after a jam-packed Q1 earnings week. This time around, FOMC nonaction and low jobs numbers helped push equities in the green, or it migh just be because April is finally over. My name is Kevin Travers, here are stories moving the market: MOOVERS $Amgen (AMGN.US)$'s stock soared 12% toward biggest gain in 15 years, adding more than 220 points to the...
The unemployment rate ticked up 0.1 percentage points to 3.9%, slightly higher than the expected 3.8%. The jobs gain was 175,000, lower than the expected 240,000. The household data showed a positive trend, with full-time employment rising by 949,000 and part-time employment falling by 914,000. Wage data indicates that year-over-year wage growth has eased below 4% for the first time since June 2021, with a 3.9% annual increase in all private wages. The reaction in bond yields is a significant de...
101625629 :
cooling down inflation is a forerunner to the FED cutting rates; market always gets ahead and prices these tiny details quickly. The window for rate cuts is closing fast to be in time for Nov'24 election season; The FED does not want to look like accomodating cuts for the election...
In Q1 2024, Tesla reported revenues of $21.3 billion, a decrease from the previous year. The company's non-GAAP earnings per share were $0.45, while GAAP EPS was $0.34, both below analyst expectations. Operating income was $1.2 billion, leading to a 5.5% operating margin. Net income on a GAAP basis stood at $1.1 billion. Factors influencing these figures included reduced vehicle average selling price, increased operating expenses, and significant investmen...
Friday, May 3 Before the Bell U.S. Stock futures jumped sharply Friday after a softer-than-expected April jobs report boosted hopes that the Federal Reserve could start cutting interest rates soon. Futures tied to the$Dow Jones Industrial Average(.DJI.US)$gained 502 points, or 1.3%.$S&P 500 Index(.SPX.US)$futures rose 1.1%, while$NASDAQ 100 Index(.NDX.US)$futures advanced about 1.6%. Top News U.S. Job Gro...
$NIO Inc(NIO.US)$$XPeng(XPEV.US)$$Tesla(TSLA.US)$$BYD COMPANY(01211.HK)$The article reported Chinese EV and Tesla China delivery in April 2024. Here is the summary: Li Auto: Li Auto delivered 25,787 vehicles in April, down 11%. Nio: Delivered 15,620 vehicles in April, up 31.6% vs. March. Xpeng: Delivered 9,393 EVs in April, up 4.1% vs. March. BYD: Sales totaled 313,245 in April, up 3.6% from March. Passenger BEV sales were 134,465, dow...
ZnWCOPIhhK:
I take all views seriously including opposing views. I hope you can respect opposing views- this is not a joke. The reason EV stock rebound is complex. You can read this article why Nio, Rivian and Lucid rallied: Why Are EV Stocks LCID, RIVN, NIO Up Today? https://investorplace.com/2024/04/why-are-ev-stocks-lcid-rivn-nio-up-today/
OceansWave :
That’s why it’s never to a good idea to invest like gambling. Many are thinking that Apple earnings this quarter will be bad, however, it came out as a surprise.. Guidance also boosted some confidence… If investing for the long run, Apple is a good stock to hold..
$Tesla(TSLA.US)$$BYD COMPANY(01211.HK)$$NIO Inc(NIO.US)$$XPeng(XPEV.US)$The article reported reasons why Elon Musk (EM) has to slow Supercharger (SC) network expansion and let some of the team go. Here are the 5 possible reasons: 1) EM knows that Tesla is about to solve autonomy and the launch of a robotaxi (RT) ride hailing service (RRH) is around the corner (launch likely within 6-8 quarters). 2) RRH requires a differen...
Micro E-mini S&P 500 Index Futures(JUN4) Forum
Nonfarm Payrolls/Unemployment Rate Breakdown
Highlights:
-Total nonfarm payroll employment increased by 175,000 in April 2024, although this marked a deceleration from the robust growth observed in March.
-Despite the slowdown, job gains were notable in key sectors such as healthcare, social assistance, and transportation and warehousing.
-The unemployment rate moved up slightly to 3.9%, indicating overall stability in the labor market.
-Average hour...
ColumnsFinally Friday, Finally May. Higher Unemployment? Investors say 'Buy Now' | Market Moovers
This time around, FOMC nonaction and low jobs numbers helped push equities in the green, or it migh just be because April is finally over. My name is Kevin Travers, here are stories moving the market:
MOOVERS
$Amgen (AMGN.US)$'s stock soared 12% toward biggest gain in 15 years, adding more than 220 points to the...
The reaction in bond yields is a significant de...
Signs of cooling
$SPDR S&P 500 ETF(SPY.US)$$USD(USDindex.FX)$$Unity Software(U.US)$$S&P 500 Index(.SPX.US)$$Invesco QQQ Trust(QQQ.US)$$ProShares UltraPro QQQ ETF(TQQQ.US)$$Tesla(TSLA.US)$$Apple(AAPL.US)$$Amazon(AMZN.US)$$Netflix(NFLX.US)$$Super Micro Computer(SMCI.US)$$Palantir(PLTR.US)$$Alibaba(BABA.US)$$Microsoft(MSFT.US)$$Meta Platforms(META.US)$$iShares Bitcoin Trust(IBIT.US)$$JPMorgan(JPM.US)$$Alphabet-A(GOOGL.US)$
...
How to read a company's earnings report?
ColumnsMorning News Call | Dow Futures Jump 500 Points as Weak Jobs Report Sends Yields Lower
Before the Bell U.S.
Stock futures jumped sharply Friday after a softer-than-expected April jobs report boosted hopes that the Federal Reserve could start cutting interest rates soon.
Futures tied to the $Dow Jones Industrial Average(.DJI.US)$ gained 502 points, or 1.3%. $S&P 500 Index(.SPX.US)$ futures rose 1.1%, while $NASDAQ 100 Index(.NDX.US)$ futures advanced about 1.6%.
Top News
U.S. Job Gro...
Nio and Xpeng April Delivery Far from Tesla, Li Auto and BYD
Li Auto: Li Auto delivered 25,787 vehicles in April, down 11%.
Nio: Delivered 15,620 vehicles in April, up 31.6% vs. March.
Xpeng: Delivered 9,393 EVs in April, up 4.1% vs. March.
BYD: Sales totaled 313,245 in April, up 3.6% from March. Passenger BEV sales were 134,465, dow...
Fears faded
After hours, Apple popped more than 5% after it announced the largest buyback plan and increase in dividends.
If its rally can sustain when market opens later, it could potentially bring the broader market up too
$SPDR S&P 500 ETF(SPY.US)$$S&P 500 Index(.SPX.US)$$Invesco QQQ Trust(QQQ.US)$$Palantir(PLTR.US)$$Netflix(NFLX.US)$$Microsoft(MSFT.US)$$Apple(AAPL.US)$ ...
Elon Musk layoff partial Tesla Supercharger Team for other expansion plan
1) EM knows that Tesla is about to solve autonomy and the launch of a robotaxi (RT) ride hailing service (RRH) is around the corner (launch likely within 6-8 quarters).
2) RRH requires a differen...
Tesla Model Y beats BYD as Q1 2024 Best Selling BEV in China
BEV Sales Q1 2024 in China:
#1 Tesla Model Y 100,366 units 🏆
#2 BYD Seagull 70,319 units
Source:
x.com/alojoh/st...
$BYD COMPANY(01211.HK)$$BYD Co.(BYDDF.US)$$S&P 500 Index(.SPX.US)$$Nasdaq Composite Index(.IXIC.US)$$Tesla(TSLA.US)$$VOLKSWAGEN A G(VWAGY.US)$$NIO Inc(NIO.US)$$Li Auto(LI.US)$$XPeng(XPEV.US)$$General Motors(GM.US)$$Ford Motor(F.US)$$Rivian Automotive(RIVN.US)$$MERCEDES-BENZ GROUP AG(MBGAF.US)$$TOYOTA MOTOR CORP(TOYOF.US)$$GEELY AUTO(00175.HK)$$Stellantis NV(STLA.US)$
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