To The Moon

On Wednesday, August 14, Tesla fell by 3.1%, Google A dropped 2.31%, Meta decreased by 0.34%, Amazon was down 0.08%, while Apple rose by 0.2%. Microsoft gained 0.69%, and NVIDIA climbed 1.67%. Additionally, TSMC's ADR decreased by 1.38%, AMD slipped 0.27%, Berkshire Hathaway Class B shares increased by 1.4%, and Eli Lilly rose 2.6%.

WTI September crude oil futures fell by $1.37, a drop of nearly 1.75%, closing at $76.98 per barrel, approaching the 200-day moving average, which is currently at $76.56. This marks the second consecutive day of declines amid the release of energy monthly reports by the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), along with an unexpected increase in crude oil inventories reported by the U.S. Energy Information Administration (EIA). Meanwhile, NYMEX September natural gas futures rose over 3.30%, settling at $2.2190 per million British thermal units. NYMEX September gasoline futures closed at $2.3211 per gallon, and NYMEX September heating oil futures settled at $2.3682 per gallon

On Monday, August 5, the S&P 500 index fell by 3.3%, marking its largest single-day decline since September 2022. The Nasdaq 100 index dropped by 3%, resulting in a market value loss of $907 billion. Apple (AAPL) fell by 4.82%, experiencing its worst single-day performance since September 2022, closing at $209.27. Nvidia declined by 6.36%, Google A dropped by 4.45%, Tesla fell by 4.23%, Amazon decreased by 4.1%, Microsoft was down 3.27%, and Meta dropped 2.54%. Additionally, Eli Lilly fell by 3.63%, Berkshire Hathaway Class B shares declined by 3.42%, TSMC ADR dropped by 1.27%, while AMD increased by 1.75%.

Economic data weighed on U.S. stocks, with the Nasdaq dropping over 2%, and Nvidia plummeting further, while the VIX fear index reached its highest level since April. The 10-year U.S. Treasury yield fell below 4% for the first time since February. European stocks and oil prices declined, while the U.S. dollar and Swiss franc strengthened. The Bank of England cut interest rates for the first time in four years, lowering it by 25 basis points and indicating a "cautious" approach to future actions. Analysts described this as a hawkish cut. In July, U.S. manufacturing activity experienced its largest contraction in eight months, with employment indicators showing a significant decline. Last week, initial jobless claims in the U.S. reached 249,000, the highest in a year, while continuing claims

Amazon's third-quarter net profit guidance fell short of analysts' expectations, indicating that the company's spending to meet demand for artificial intelligence services exceeded forecasts. As a result, Amazon's stock price dropped by over 6% in after-hours trading. The company expects operating profit for the third quarter to range between $11.5 billion and $15 billion, while analysts predicted an average of $15.7 billion. Revenue is anticipated to reach between $154 billion and $158.5 billion, reflecting an increase of 8% to 11%, compared to analysts' expectations of $158.4 billion. CEO Andy Jassy has been focused on cost-cutting and enhancing the profitability of Amazon's core online retail operations while investing heavily in artificial intelligence services, which the company descr

U.S. stock markets faced a sell-off on Thursday, with the Dow Jones Industrial Average set to experience its worst day of the year. The Dow dropped over 1.6%, the S&P 500 fell by more than 2%, and the Nasdaq slid more than 3%. Recent data has sparked concerns among investors about a potential recession, as well as the belief that it may be too late for the Federal Reserve to initiate interest rate cuts. Last week, new jobless claims in the U.S. recorded the largest increase since August 2023. Additionally, the ISM Manufacturing Index, which gauges U.S. factory activity, registered at 46.8%, below expectations and indicative of an economic contraction. Chris Rupkey, chief economist at FWDBONDS, remarked, “Today’s economic data continues to show a downward trend, which is concerning, eve

U.S. stocks rose in midday trading on Wednesday, led by technology stocks. The Nasdaq and the US Federal Reserve rose sharply. Investors are analyzing the latest financial reports of Microsoft and AMD and preparing for the Federal Reserve's monetary policy decision. The number of private employment in the United States increased by 122,000 in July, lower than market expectations. The Dow Jones Industrial Average rose 255.14 points, or 0.63%, to 40,998.47 points; the Nasdaq rose 436.94 points, or 2.55%, to 17,584.35 points; and the S&P 500 rose 90.42 points, or 1.66%, to 5,526.86 points. Today is the last trading day of July. Wall Street will also end a turbulent trading month. So far this month, the Dow and the Russell 2000 small-cap index have risen by more than 4% and 9%, the Nasdaq

According to Zhito Finance, on Wednesday, Pinterest Inc. (PINS.US) saw its stock price drop by over 11%, trading at $33.20 at the time of this report. The company's third-quarter guidance fell short of expectations, leading several institutions to downgrade their price targets. Analyst Colin Sebastian from Baird lowered his price target to $41, while analyst Josh Beck reduced his target to $40. In the second quarter, Pinterest generated revenue of $853.7 million, a 21% year-on-year increase, surpassing analysts' expectations of $848.2 million. The adjusted earnings per share were $0.29, compared to the expected $0.28. Monthly active users reached 522 million, exceeding the anticipated 518 million. The company projects third-quarter revenue to be between $885 million and $900 million, while

On Monday, July 29, Tesla saw a closing increase of 5.6%, while Google A shares rose over 1.5%. Amazon, Microsoft, Apple, and Meta experienced gains of up to 0.38%. In contrast, Nvidia closed down by 1.3%. Additionally, Eli Lilly gained 0.39%, Berkshire Hathaway B shares increased by 0.15%, AMD fell by 0.17%, and TSMC's ADR declined by 1.19%.

U.S. stock indices initially rose across the board but collectively turned negative, with small-cap stocks leading the declines. The tech-heavy Nasdaq initially surged over 1% before falling more than 0.2%. The Russell 2000 small-cap index recorded the most significant drop, plunging over 1% after rising more than 0.4%. Most of the "FANG stocks" gave back some of their gains after early increases. Tesla's gains expanded to over 6%, while Nvidia, after climbing more than 2.8%, fell over 1.1%. Semiconductor and AI concept stocks mainly rose in early trading but then plummeted, with Chinese concept stocks showing mixed results. XPeng's shares dropped over 3.2%, while Zeekr gained over 3.5%. On Monday, July 29, the U.S. indices started positively but quickly reversed course, with small-cap sto