Overview: Global markets showed an overall positive trend on Tuesday, driven by strong corporate earnings reports and supportive economic data. US indices continued their rally, while European stocks also ended higher despite some afternoon selling pressure. In Asia, most markets followed the US's overnight gains, except for a slight decline in the Shanghai Composite index. United States: US stocks rallied for a second consecutive day, fueled by robust corporate earnings and a weaker-than-expected report on US business activity. The positive sentiment mitigated concerns over potential interest rate hikes. The Dow Jones Industrial Average closed with a gain of 263.71 points, or 0.7%, reaching 38,503.69 points. Similarly, the S&P 500 rose 59.95 points, or 1.2%, closing at 5,070.55 point
Q: What is Visa (V) Q2 2024 Earnings Call Transcript Summary?
TigerGPT Answer: Here are the specific viewpoints from earnings call Bullish Points: 1. Net revenue up 10%. 2. GAAP EPS up 12% and non-GAAP EPS up 20%. 3. Overall payments grew 8% year over year in constant dollars. 4. U.S. payment volume grew 6% year over year. 5. International payments volume grew 11%. 6. Cross-border volume, excluding intra-Europe, rose 16% year over year. 7. Processed transactions grew 11%. 8. Addressable opportunity in consumer payments is more than $20 trillion. 9. Added over 100 million credentials from September to December, a year-over-year growth rate of 6%. 10. Renewed and expanded partnerships, including with Caixa Geral de Depositos and Alaska Airlines. Bearish Points: 1. Slowing payments volume growth in Asia-Pacific
Q: What is Tesla (TSLA) Q1 2024 Earnings Call Transcript Summary?
TigerGPT Answer: Here are the specific viewpoints from the earnings call: Bullish Points: 1. Tesla's energy storage deployments of Megapack reached an all-time high in Q1, leading to record profitability for the energy business. 2. The energy business is expected to continue to increase significantly faster than the car business. 3. Tesla has more than doubled its AI training compute sequentially, indicating rapid progress in AI capabilities. 4. The launch of new vehicle models has been accelerated, with production expected as early as late 2024 or early 2025. 5. New vehicles will be produced on current manufacturing lines, improving efficiency and aiming for over 3 million vehicles of capacity. 6. Full Self-Driving (FSD) Version 12 has been rolled
Yesterday was World Book Day (23 April 2024), and I manage to finish a new book on how we can look at a multidimensional approach to Health, Wealth and Financial Freedom. I have managed to get hold of this book from my local library : "Happy Money Happy Life" by Jason Vitug Finding Joy and Purpose in Financial Well-Being "Happy Money Happy Life" by Jason Vitug is a refreshing take on personal finance, blending practical advice with insights into the psychological aspects of money management. The author, Vitug, who is a financial expert and founder of Phroogal, presents a holistic approach to financial well-being that goes beyond mere budgeting and saving. Instead, he delves into the emotional and behavioral aspects of money, showing us how to cultivate a healthier relationship with our f
*Global markets higher as investors bet on quarterly results for mega-cap growth stocks 🇺🇸 S&P 500: 1.20% 📈 🇺🇸 Nasdaq: 1.59% 📈 🇪🇺 Stoxx 600: 1.14% 📈 🇯🇵 Nikkei 225 Index: 0.30% 📈 🇭🇰 Hang Seng Index: 1.92% 📈 🇨🇳 CSI 300 Index: -0.69% 📉 * U.S. markets were broadly higher on Tuesday, with the S&P 500 and Nasdaq Composite rising 1.2% and 1.6%, respectively, after top companies reported good earnings and investors focused on quarterly results from Magnificent Seven and other large-cap growth stocks. * U.S. business activity cooled to a four-month low in April as demand weakened, with the S&P services PMI falling to 50.9 for the month, below expectations of 52, while the manufacturing PMI fell into contraction territory 49.9, below expectations of 52. * Asia-Pacific stock markets clos
SPX rallied strongly after terminating the A-Wave reaching the first upside target of 5070
As projected, $S&P 500(.SPX)$$SPDR S&P 500 ETF Trust(SPY)$ rallied strongly after terminating the A-Wave reaching the first upside target of 5070.However, further rally is likely leading to 5110-5150 overall for the B-Wave.Watching for a 3-wave price structure leading to that 5110-5150 zone with 5040-5020-5005 acting as support.ImageImageWe expected the A-Wave to terminate at Friday's cash low to produce a strong bounce WITH CONVICTION ‼️We targeted 5070 in the short-term and SPX reached that today already ! 🚀 🎯Nobody hotter 🔥ImageImageImageImagehttps://twitter.com/TriggerTrades/status/1782939154117971991
How to use valuation signals for multi-asset investment analysis and decision makingLearning GoalsUnderstand application of valuation concepts in multi-asset investingUse relative value principles for active asset allocation decision makingApply value signals to gauge risk vs opportunity in a multi-asset contextConceptsValuations are an integral input for multi-asset investing. They tell us information about expected risk and opportunity both for individual asset classes, and in relation to other assets — helping us prioritize allocations and manage portfolios. As an asset allocator, your job is to navigate risk, return, and opportunity-cost over typically longer-term timeframes but certainly through cycles and short-term gyrations. Extremes in absolute and relative valuat
Earnings day today. Here are four charts showing $Tesla Motors(TSLA)$ 's trends and what to watch.We know deliveries dropped so I expect:1. Lower margins2. Increased inventory3. Low/negative FCF ImageImageImageImageHere's where it gets complicated: 1. Net income is down because of lower volumes and discounting.2. Operating cash flow is down because inventory is up, despite discounting.What do you do now?Reduce production volume? Cut prices even more? Manufacturing is hard.ImageDid they make the decision yesterday to "utilize aspects of the next generation platform as well as the current platforms" to make a vehicle that will be in production next year? This doesn't seem like a well thought out plan...ImageOk, honest comment about autonomy and robo
GM’s numbers look great across the board and guidance is UP for 2024
$General Motors(GM)$ ’s numbers look great across the board and guidance is UP for 2024ImageI'll be covering earnings on YouTube, but let's talk about the bigger picture.1. GM has the trucks and SUVs that people want to buy and generate profits.2. GM is managing supply to the demand it has for vehicles.3. GM is buying back stock at a 5x P/E multiple.https://twitter.com/TravisHoium/status/1782772661052944823
Tesla stock jumped 13% after announcing a quicker launch for its affordable EV
Tesla $Tesla Motors(TSLA)$ rose 1.8% on Wednesday but surged 13% in after-hours trading as CEO Elon Musk pledged to accelerate plans for a more affordable EV. Tesla's Wednesday closing price of USD144.61 is still 64.5% lower than its all-time high. 1Q2024 Earnings Review: Revenue declined 9% year-over-year to USD 21.3 billion, falling short of the LSEG estimate of USD 22.15 billion. This marks the first year-over-year revenue drop since the second quarter of 2020. Earnings per share (EPS) declined 47% year-over-year to 45 cents, missing the LSEG estimate of 51 cents. Automotive Gross Margin stood at 16.4% in the first quarter, lower than the expected 17.6%. Operating margin was disappointing at 5.5%, below the anticipated 7%. Tesla cautioned tha
What to do after a big surge of $Tesla Motors(TSLA)$ ? Two indicators worth paying attention to. Short positions. Since this week, due to the financial report event, short positions have actively reduced their positions, and it was not until April 23 that they continued to increase some speculative chips. However, the rise after hours is enough to make them cover, because the short covering of Tesla is generally about 1.2 days, and the trading frequency is very fast. According to the short trading situation of the previous quarter, the days after the financial report are often the most active trading period for short positions. Considering the sharp drop after the financial report of the previous quarter, the short positions have more advantage. S
Gold prices stabilized on Tuesday following a drop to a more than two-week low as diminishing fears of an escalation in the Middle East allowed investors to shift their focus to upcoming economic data for clarity on U.S. interest rate cuts. Current Price Movement: - Spot gold remained relatively stable at US$2,325.80 per ounce by 1:40 p.m. ET (1740 GMT), following an earlier dip to its lowest level since April 5. - Gold's rally from March to April drove prices up nearly US$400 to a record high of US$2,431.29 on April 12. - U.S. gold futures experienced a slight decrease, settling 0.2% lower at US$2,342.10. Market Context: - The ongoing conflict in the Middle East resulted in intensified shelling across Gaza, marking some of the heaviest strikes in recent weeks. - Despite this, market fea
Hello everyone! Today I want to share some trading strategies with you! Hope it can help you!1.Premarket plan 🔥 $S&P 500(.SPX)$ setting up for 5038 test again today.. If it gets through we can see 5100 by Friday. Calls can work as long as 5k holds this week $NVIDIA Corp(NVDA)$ up 11 premarket.. setting up for 829+ by Friday if the market can hold up here. Calls can work above 800 $SUPER MICRO COMPUTER INC(SMCI)$ setting up for 800+ by Friday if it holds a higher low above 715 today. Calls can work above 7152. $NVIDIA Corp(NVDA)$ right at that 814 resistance if it gets through 829+ coming by Friday. Calls can work
Trend Charts: SQ, LE, TSLA, MSFT, NVDA, QQQ, BA& PANW
Hello everyone! Today I want to share some technical analysis with you! Hope it can help you!The stocks are as follow: $NVIDIA Corp(NVDA)$ Moment of truth coming soon for NVDA. 👀 Price is approaching the $834 breakdown zone from last week, will sellers hold the line for a retest?Image $Boeing(BA)$ Boeing bear flagging below last years lows. If the market continues lower, this is a downside setup to keep on your radar. 🐻🚩Image $Invesco QQQ(QQQ)$ If you're a bear, you do NOT want to see a close back above brick wall support around $434. 🙅Image $Tesla Motors(TSLA)$ moving higher in AH despite double miss for Q1! ~EPS: $0.45 v
"Market Relief: Stocks Rebound, Tesla's Twist, and Gold's Enigmatic Journey"
Economic Optimism The big three U.S. indexes rallied for the second consecutive day, buoyed by retreating bond yields. The Dow Jones Industrial Average surged 0.7%, with only seven of its components ending in the red. The $S&P 500(.SPX)$ climbed 1.2%, propelled by gains in all sectors except materials. Meanwhile, the $NASDAQ(.IXIC)$ led the pack with a 1.6% gain, continuing its trend of volatility. $SPX Earnings Ups and Downs This morning brought a mixed bag of earnings reports, with Spotify Technologies, GE Aerospace, General Motors, United Parcel Service, and Danaher all delivering positive results. Conversely, JetBlue Airways, PepsiCo, Xerox, and Cleveland-Cliffs faced share declines post-earni
Analysts Rate Grab A Strong Buy Saying Its Undervalued
🌟🌟🌟Analysts' current consensus says that $Grab Holdings(GRAB)$ is a Strong Buy with a Target Price of USD 4.65, an upside potential of 24%. Grab is up 4.6% today and in the past 5 days, it is up 7.5%. Grab has risen 6.2% year todate and in 2023 Grab is up 20%. Grab is a leading super app in South East Asia, providing every day services such as mobility, deliveries and digital financial services to millions of people in South East Asia. In Q4 2023 Grab's revenue grew 30% year over year to USD 653 million. Q4 2023 profit was positive at USD 11 million. Q4 2023 Adjusted EBITDA improved by USD 146 million year over year to USD 35 million. Grab's management has even authorised the repur
BOJ takes significant yet incremental step on path back to “normal” rates
End of negative rates, yield curve control and ETF purchases smoothly digested Naomi Fink, Global Strategist 29 March 2024 The “trial balloons” of media announcements in advance of today’s interest rate hike by the Bank of Japan (BOJ) —its first in 17 years—apparently did their job, as the end of its negative interest rate policy, yield curve control (YCC)[1] and ETF purchases were smoothly digested by markets. Indeed, the BOJ had already embraced greater flexibility on YCC and has significantly decreased its ETF purchases well prior to the policy decision. Neither the yen nor the Nikkei showed extraordinary movements, and Japanese Government Bond (JGB) 10-year yields so far remain contained below 80 basis points (bps). In prior speeches (e.g. Deputy Governor Shinichi Uchida’s much talked-
[Video] 3 key takeaways from Bank of Japan's interest rate hikes
Naomi Fink, Global Strategist 28 March 2024 Excerpts from related insights article titled “BOJ takes significant yet incremental step on path back to “normal” rates” Important information: This video is prepared by Nikko Asset Management Co., Ltd. and/or its affiliates (Nikko AM) and is for distribution only under such circumstances as may be permitted by applicable laws. This video does not constitute personal investment advice or a personal recommendation and it does not consider in any way the objectives, financial situation or needs of any recipients. All recipients are recommended to consult with their independent tax, financial and legal advisers prior to any investment. This video is for information purposes only and is not intended to be an offer, or a solicitation of an offer, to