$XPeng Inc.(XPEV)$ reported a record gross margin of 15.3 percent in Q3, compared to negative 2.7 percent in the same period in 2023 and 14.0 percent in Q2 2024. Xpeng's revenues from services and others for the third quarter were RMB 1.31 billion, an increase of 90.7 percent from RMB 690 million for the same period in 2023, mainly due to the increase in revenues generated from the technology partnership with$Volkswagen AG(VWAGY)$ .
The S&P 500 has climbed more than 24% year-to-date, with Wall Street maintaining a bullish stance on U.S. stocks. Analysts predict the benchmark could hit approximately 6,500 points by 2025, suggesting a 10% upside from Tuesday's close at 5,917. We should remain cautious of potential risks and uncertainties. While a Trump victory is perceived as a boost for U.S. equities due to his proposed corporate tax cuts, some analysts warn that his policies, such as tariffs and immigration restrictions, could spur inflation and interest rates, posing risks to the stock market.
$Tesla Motors(TSLA)$ Tesla stock closed 5.6% higher on Monday at $338.74, but it was down 1.2% in premarket trading on Tuesday. Year-to-date, Tesla stock is up 36.4%.
The Rocket Lab's recent performance has been remarkable, with shares up more than 350% over six months. Beck attributed this partly to investors' growing understanding of Rocket Lab's position as the second-largest space company behind Elon Musk-led SpaceX, which is valued at over $200 billion compared to Rocket Lab's sub-5% relative valuation. Looking ahead, Rocket Lab projects fourth-quarter revenue between $125 million and $135 million, anticipating continued growth through year-end. The company has also secured new contracts, including a multi-launch agreement with a commercial satellite constellation operator and an $8 million award from the U.S. Air Force Research Laboratory.
In October 2024, the annual inflation rate in the US rose to 2.6%, up from 2.4% in September, which had been the lowest rate since February 2021. This increase, aligning with market expectations, marked the first rise in inflation after seven months of steady or declining rates. The annual core CPI, which omits volatile items like food and energy, remained steady at 3.3%. This rate, matching a three-month high, was consistent with both the previous month's figures and market predictions.
$Marathon Digital Holdings Inc(MARA)$ Marathon Digital Holdings' shares surged by 29.92% to close at $25.01. The stock's intraday high and low were $25.47 and $21.8 respectively, with a 52-week range of $34.09 to $8.84. The company is set to release its quarterly earnings report on Tuesday, with analysts expecting an EPS of $-0.21.
Coinbase shares surged 20% to a three-year high Monday as investors bet that higher trading volumes and a more favorable regulatory environment under the incoming Trump Administration could benefit the crypto exchange. The stock broke out above the top trendline of a seven-month descending channel last week on above-average volume, with follow-through buying continuing into this week. We should watch key overhead levels on the Coinbase chart around $369, $430, and $695, while monitoring an important support area near $220.
$Grab Holdings(GRAB)$ Grab's revenue growth might slow slightly in the third quarter before potentially accelerating in the fourth quarter, supported by an expected rise in ride-hailing demand from Chinese travellers during China's Golden Week holiday. Sensor Tower data suggests Grab's transacting users could increase by over 10% compared to last year in Q3, although the adoption of lower-cost service tiers might dilute average spending per user, impacting overall revenue in mobility and food delivery.
Bitcoin reached a fresh all-time high near $81,000. Futures premiums soared, in a clear sign that investors believe the record-run in the world’s largest cryptocurrency is poised for even more gains on the back of elections that saw a swell of pro-crypto candidates win office. Open interest in bitcoin’s price running above $90,000 rose to more than $2.8 billion on the popular Deribit derivatives exchange, one of a few crypto native platforms that offers futures trading.
Shopify has strong earnings prospects due to growth in e-commerce, expanded services, and global reach. However, competition and economic uncertainties could impact its growth trajectory and profit margins.
One of the area that would benefit from Trump policies would be crypto mining as Trump have showed the support for crypto. Donald Trump's re-election boosts hopes for pro-crypto regulation. There have been continued growth being anticipated by traders and investors, with experts predicting further gains for Bitcoin and the crypto market as regulatory conditions shift in favor.
Trump's re-election will undoubtedly inject new policy expectations into the market, and the strong performance of the dollar is likely to continue in the short term. However, the market's heightened sensitivity also warns us that any significant changes in economic fundamentals could instantly alter the dollar's course. Therefore, investors should closely monitor policy dynamics and macroeconomic indicators, adjusting their investment strategies in a timely manner to adapt to the evolving market environment.
Trump win, he is known to be pro economy and anti war. US stock going to go up. China then will also put in equivalent stimulus. China is deliberately tailing behind. They don't want to foot the bill for the world. They know their economy is tight, they want to make sure US open up before China pump the money. For trump win probably going to benefit Tesla and EV ETF. Because Musk is strong supporter of Trump
If not for Charlie Munger's belief in not missing out on technology stocks, I believe the only reason Buffet bought Apple at the time was because it was cheap, had a strong brand and moat. Now that Charlie has passed, Buffet's sales shows he thinks it's valued and he is scared that the Magnificent 7 may collapse a la dotcom bubble. Despite all the hype about AI, I doubt Buffet uses technology much, preferring traditional businesses.
Super Micro Computer was suspended from trading on Nasdaq effective August 23, 2018, due to non-compliance with filing requirements The company intended to appeal the decision, and during the appeal period, trading remained suspended but the stock was not immediately delisted. The exact duration of the delisting process is not specified in the results, but the company aimed to regain compliance and relist as soon as possible.
$Intel(INTC)$ Gelsinger also mentioned that Intel successfully reduced client customer inventory levels, aligning with their expectations. Despite ongoing inventory reductions, the Client Computing Group (CCG) is expected to grow towards the higher end of seasonal norms. Fourth-quarter revenue is projected to be between $13.3 billion and $14.3 billion, with a midpoint expectation of $13.8 billion. Intel anticipates a gross margin of approximately 39.5% and an EPS of $0.12 on a non-GAAP basis for the fourth quarter. The company also foresees additional restructuring charges as it continues to execute its cost-saving strategies.
Expecting Amazon to make upside movement after their stellar earnings result, this result have given us which cloud providers is the winner, Google is Amazon closest rival, Microsoft still have some room to run. If we looked at how Amazon have moved after its earnings, it has come out of the lower band in supertrend, and if we could see Amazon clear $199 today (01 Nov) after its earnings result, we might be seeing a new price target at $206 to $208.
$NVIDIA Corp(NVDA)$ Microsoft and Meta Platforms are key players in the artificial intelligence (AI) space, and the two companies are also top customers for Nvidia. As a result, their sales, earnings, and guidance can have a significant impact on the graphics processing unit (GPU) leader's share price. But while these key customers issued sales and spending guidance that has prompted pullbacks for their stocks and the market at large today, details in their reports actually suggest positive demand catalysts for Nvidia.
Dogecoin''s price has risen beyond the upper Bollinger Band, reflecting strong upward pressure. While this indicates bullish momentum, breakouts above the upper band can also mean that the coin is overbought. This raises the chance of a short-term pullback or a period of consolidation. Should DOGE dip, the middle Bollinger Band standing at $0.1328 may act as a support zone.
Bitcoin (BTC) has been making headlines again, soaring past the $71,000 mark in a spirited run that's got the crypto crowd buzzing. Investors seem eager, with enthusiasm fueled by spot ETF approvals and excitement building around the upcoming 2025 halving. If BTC breaks through that ceiling, we could be eyeing a move toward $74,000, maybe even higher! But remember, Bitcoin's got its own rhythm, often throwing in a few surprising twists. It might just twirl back to the $69,988 support line for a quick breather before deciding its next step. In true Bitcoin style, the rollercoaster is far from over—keep your seatbelt fastened and your eyes on the charts.