Morning Brew: Nonfarm Payrolls Surge and Rubrik Impresses with Strong Results

GuruFocus12-06

Today's NewsThe U.S. Department of Labor's latest data shows a significant resurgence in nonfarm payrolls for November, with the economy adding 227,000 jobs, surpassing the 211,000 consensus estimate....

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2489325826?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-06 21:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2489325826","market":"us","top_or_hot":-1,"title":"Morning Brew: Nonfarm Payrolls Surge and Rubrik Impresses with Strong Results","media":"GuruFocus","content":"<div>\n<p>Today's NewsThe U.S. Department of Labor's latest data shows a significant resurgence in nonfarm payrolls for November, with the economy adding 227,000 jobs, surpassing the 211,000 consensus estimate....</p>\n\n<a href=\"https://www.gurufocus.com/news/2625816/morning-brew-nonfarm-payrolls-surge-and-rubrik-impresses-with-strong-results\">Source Link</a>\n\n</div>\n","source":"gurufocus_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morning Brew: Nonfarm Payrolls Surge and Rubrik Impresses with Strong Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorning Brew: Nonfarm Payrolls Surge and Rubrik Impresses with Strong Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-06 21:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.gurufocus.com/news/2625816/morning-brew-nonfarm-payrolls-surge-and-rubrik-impresses-with-strong-results><strong>GuruFocus</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Today's NewsThe U.S. Department of Labor's latest data shows a significant resurgence in nonfarm payrolls for November, with the economy adding 227,000 jobs, surpassing the 211,000 consensus estimate....</p>\n\n<a href=\"https://www.gurufocus.com/news/2625816/morning-brew-nonfarm-payrolls-surge-and-rubrik-impresses-with-strong-results\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1914381329.SGD","symbol_name":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","start_time":0,"source_url":"https://www.gurufocus.com/news/2625816/morning-brew-nonfarm-payrolls-surge-and-rubrik-impresses-with-strong-results","article_id":"2489325826","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489325826","pubTimestamp":1733492338,"columns":[],"sourceInfo":{"source_id":"gurufocus_highlight","name":"GuruFocus"},"weMediaInfo":null,"summary":"Today's NewsThe U.S. Department of Labor's latest data shows a significant resurgence in nonfarm payrolls for November, with the economy adding 227,000 jobs, surpassing the 211,000 consensus estimate.","collect":0,"end_time":0,"defaultTopTitle":"gurufocus.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU1582986433.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) INC","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU1206712785.SGD":"Aviva Investors - Multi-Strategy Target Return Ah SGD","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0861579265.USD":"联博低波幅策略股票基金A","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","RBRK":"Rubrik Inc.","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","AAPL":"苹果","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0553294199.USD":"BGF GLOBAL EQUITY INCOME \"A5G\" (USD) INC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","WPM":"Wheaton Precious Metals","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1430597077.USD":"BGF NATURAL RESOURCES \"A\" (USD) INC","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD"},"translate_title":"Morning Brew：非农就业人数激增，Rubrik的强劲业绩令人印象深刻","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WPM":1,"RBRK":1,"AAPL":0.77},"content_text":"Today's NewsThe U.S. Department of Labor's latest data shows a significant resurgence in nonfarm payrolls for November, with the economy adding 227,000 jobs, surpassing the 211,000 consensus estimate. The transportation equipment manufacturing sector notably added 32,000 jobs, largely due to the return of workers from a strike. Despite the unemployment rate ticking up to 4.2%, average hourly earnings increased by 0.4% month-over-month, exceeding expectations. This suggests a robust labor market, even as the labor force participation rate dipped slightly.Rubrik (RBRK) saw its stock soar by 22% in premarket trading after posting impressive third-quarter results and lifting its fiscal 2025 guidance. Analysts at KeyBanc Capital Markets maintained their Overweight rating and increased the price target to $75. The company's strong performance was highlighted by a $30 million beat in annual recurring revenue and improved subscription contribution margins, indicating a positive outlook for the data security firm.AMC Entertainment (AMC, Financial) announced plans to issue and sell up to 50 million shares of Class A common stock, potentially through at-the-market offerings. This move comes as the company seeks to bolster its financial position, though it resulted in a 10% drop in premarket trading. The sales will be conducted under a shelf registration statement filed in August 2022.HP Enterprise (HPE, Financial) reported positive quarterly results, with shares rising 2.5% in premarket trading. Citi upgraded the stock to Buy, citing potential benefits from increased demand in server and enterprise networking, as well as expanding AI opportunities. The company is also optimistic about closing its acquisition of Juniper by early 2025, which could further enhance its revenue momentum and margins.GitLab (GTLB, Financial) gained attention after delivering better-than-expected third-quarter results and guidance, leading to a 10% rise in premarket trading. KeyBanc Capital Markets praised GitLab's consolidation wins and large deal activity, raising the price target to $80. The company's strong performance was driven by significant deals and new customer acquisitions, positioning it well in the fragmented DevSecOps market.Tractor Supply Company (TSCO, Financial) announced a 5-for-1 stock split as part of its Life Out Here 2030 growth strategy. The company updated its long-term targets, aiming for EPS growth of 8%-11% and an increase in comparable store sales by 3%-5%. The stock split is intended to make shares more accessible to investors and employees, and the company plans to open 90 new stores next year.Apple (AAPL, Financial) remained in focus with KeyBanc Capital Markets providing insights on recent data points, including a \"slightly positive\" November iPhone carrier survey. Despite stable trading, the survey indicated strong demand for iPhone 16 Pro/Max models, though base models lagged. KeyBanc maintains an Underweight rating with a $200 price target, noting that interest in Apple AI is not yet a significant demand driver.Wheaton Precious Metals (WPM) entered a streaming agreement with Allied Gold to support the construction of the Kurmuk project, Ethiopia's first commercial gold mine. Wheaton will provide $175 million upfront in exchange for a portion of the gold production, with first production expected in mid-2026. This deal enhances Wheaton's portfolio with a forecasted 11-year mine life and potential exploration upside.GuruFocus Stock AnalysisShopify Is Well-Positioned Ahead of a Creator Economy Surge by Oliver RodziankoInsider Sell: A Director at SOFI Totally Exits by ShantiPutriiPhone 17 Air Challenges Pressure Apple's China Prospects, Jefferies Says by Faizan FarooqueMicroStrategy Stock Sinks 4.5% as Bitcoin Hits $100K Milestone by Nauman khanMicrosoft AI Revenue Signal Renewed Investor Confidence, Bernstein Says by Faizan Farooque","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489325826"}