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How to place an order on my trading acco

How to place an order on my trading acco

I’m an 80 Years old trader using Tiger platform for the first time.

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How to place an order on my trading acco

2024-11-22

Bitcoin ETF ibit is having a good run

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2024-08-01

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2024-06-30

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How to place an order on my trading acco

2024-05-22

Buy before the announcement

Here's Why Nvidia Stock Could Sustain Its Stunning Bull Run After May 22

How to place an order on my trading acco

2024-04-08

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2024-02-15

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How to place an order on my trading account

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for$Nvidia(NVDA)$investors as shares of the semiconductor giant have already shot up more than 91%, and there is a good chance that the stock's rall","content":"<html><head></head><body><p>This year is shaping up to be a record-breaking one for <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> investors as shares of the semiconductor giant have already shot up more than 91%, and there is a good chance that the stock&#39;s rally could get a nice shot in the arm once Nvidia reports its first-quarter fiscal 2025 earnings on Wednesday, May 22.</p><p>Nvidia is heading into its next quarterly report riding on favorable developments within the artificial intelligence (AI) semiconductor market, which can help it crush Wall Street&#39;s expectations. KeyBanc analyst John Vinh predicts Nvidia will deliver $5.81 per share in Q1 earnings on revenue of $25.6 billion. That&#39;s higher than the consensus expectations of $5.57 per share in earnings and $24.6 billion in revenue.</p><p>Vinh&#39;s forecast also exceeds Nvidia&#39;s revenue guidance of $24 billion, and it won&#39;t be surprising to see the company match the KeyBanc analyst&#39;s expectations considering its immense pricing power and dominant share in the AI chip market. Those are precisely the reasons why Vinh forecasts a serious acceleration in Nvidia&#39;s growth in the current quarter and the second half of the year.</p><h3 id=\"id_2976206256\">New AI chips could push data center revenue to $200 bln by next year</h3><p>While Vinh points out that the solid demand for the company&#39;s current-generation Hopper AI chips will allow it to beat Wall Street&#39;s fiscal first-quarter expectations and also deliver better-than-expected guidance, he also claims that the next-generation AI chips from Nvidia are set to drive some serious growth for the company.</p><p>Nvidia&#39;s new Blackwell chips are expected to hit the market in the third quarter of 2024. Vinh estimates that the new B100 and B200 processors, which will replace Nvidia&#39;s current top-of-the-line offerings, could command 40% higher average selling prices (ASPs) than their predecessors.</p><p>As Nvidia ramps up the production of its Blackwell chips in 2025 and starts shipping the GB200 Superchip — which combines two Nvidia B200 GPUs (graphics processing units) with its Grace server CPU (central processing unit) — the company could pull in a massive $200 billion in data center revenue in 2025 (which will coincide with its fiscal 2026).</p><p>That would be a huge jump from the $47.5 billion in revenue that Nvidia generated in fiscal 2024 and the $87 billion it is expected to generate from AI chip sales this year (fiscal 2025). The company&#39;s terrific pricing power in AI chips could drive such massive acceleration in Nvidia&#39;s data center sales. According to HSBC, the company is expected to price its entry-level B100 GPU between $30,000 and $35,000. However, the GB200 Superchip could command a price in the range of $60,000 to $70,000.</p><p>What&#39;s more, Nvidia&#39;s server systems equipped with multiple CPUs and GPUs are estimated to command prices between $1.8 million and $3 million on average. It is worth noting that Nvidia management pointed out on the company&#39;s February earnings conference call that it expects its &#34;next-generation products to be supply constrained as demand far exceeds supply.&#34;</p><p>So, despite a potential increase in pricing, the demand for Nvidia&#39;s new chips is likely to remain robust. That is a testament to the company&#39;s solid pricing power, as well as its ability to continue maintaining a solid share of the AI chip market. TechInsights estimates that Nvidia&#39;s market share of the AI GPU market increased to 97% in 2023 from 96% in 2022.</p><p>Therefore, the company seems set to benefit from a combination of higher AI chip sales and improved pricing over the next couple of years, which is probably the reason why analysts have been raising their growth expectations for the company.</p><h3 id=\"id_3678910829\">Why it would be a good idea to buy the stock</h3><p>A closer look at the chart below tells us that Nvidia&#39;s earnings estimates have been heading higher of late.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1332598365978ee107b8b32b2dee72e2\" alt=\"NVDA EPS ESTIMATES FOR CURRENT FISCAL YEAR DATA BY YCHARTS\" title=\"NVDA EPS ESTIMATES FOR CURRENT FISCAL YEAR DATA BY YCHARTS\" tg-width=\"720\" tg-height=\"380\"/><span>NVDA EPS ESTIMATES FOR CURRENT FISCAL YEAR DATA BY YCHARTS</span></p><p>More specifically, the company&#39;s bottom line could jump 52% in a couple of fiscal years from this year&#39;s projected $25.27 per share to $38.30 per share in fiscal 2027. However, if Nvidia&#39;s next-generation AI chips indeed hit gold, the company could end up delivering much stronger earnings growth.</p><p>The stock is currently trading at 38 times forward earnings, just below its five-year average. Investors, therefore, are getting a relatively good deal on Nvidia stock right now, and they should consider buying it since its red-hot rally seems here to stay thanks to the catalysts discussed above.</p></body></html>","source":"motleyfoolau_stock","collect":0,"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>Here's Why Nvidia Stock Could Sustain Its Stunning Bull Run After May 22</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\">\nHere's Why Nvidia Stock Could Sustain Its Stunning Bull Run After May 22\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-22 13:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/05/22/heres-why-nvidia-stock-could-sustain-its-stunning-bull-run-after-may-22-usfeed/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year is shaping up to be a record-breaking one for Nvidia investors as shares of the semiconductor giant have already shot up more than 91%, and there is a good chance that the stock's rally ...</p>\n\n<a href=\"https://www.fool.com.au/2024/05/22/heres-why-nvidia-stock-could-sustain-its-stunning-bull-run-after-may-22-usfeed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com.au/2024/05/22/heres-why-nvidia-stock-could-sustain-its-stunning-bull-run-after-may-22-usfeed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2437060854","content_text":"This year is shaping up to be a record-breaking one for Nvidia investors as shares of the semiconductor giant have already shot up more than 91%, and there is a good chance that the stock's rally could get a nice shot in the arm once Nvidia reports its first-quarter fiscal 2025 earnings on Wednesday, May 22.Nvidia is heading into its next quarterly report riding on favorable developments within the artificial intelligence (AI) semiconductor market, which can help it crush Wall Street's expectations. KeyBanc analyst John Vinh predicts Nvidia will deliver $5.81 per share in Q1 earnings on revenue of $25.6 billion. That's higher than the consensus expectations of $5.57 per share in earnings and $24.6 billion in revenue.Vinh's forecast also exceeds Nvidia's revenue guidance of $24 billion, and it won't be surprising to see the company match the KeyBanc analyst's expectations considering its immense pricing power and dominant share in the AI chip market. Those are precisely the reasons why Vinh forecasts a serious acceleration in Nvidia's growth in the current quarter and the second half of the year.New AI chips could push data center revenue to $200 bln by next yearWhile Vinh points out that the solid demand for the company's current-generation Hopper AI chips will allow it to beat Wall Street's fiscal first-quarter expectations and also deliver better-than-expected guidance, he also claims that the next-generation AI chips from Nvidia are set to drive some serious growth for the company.Nvidia's new Blackwell chips are expected to hit the market in the third quarter of 2024. Vinh estimates that the new B100 and B200 processors, which will replace Nvidia's current top-of-the-line offerings, could command 40% higher average selling prices (ASPs) than their predecessors.As Nvidia ramps up the production of its Blackwell chips in 2025 and starts shipping the GB200 Superchip — which combines two Nvidia B200 GPUs (graphics processing units) with its Grace server CPU (central processing unit) — the company could pull in a massive $200 billion in data center revenue in 2025 (which will coincide with its fiscal 2026).That would be a huge jump from the $47.5 billion in revenue that Nvidia generated in fiscal 2024 and the $87 billion it is expected to generate from AI chip sales this year (fiscal 2025). The company's terrific pricing power in AI chips could drive such massive acceleration in Nvidia's data center sales. According to HSBC, the company is expected to price its entry-level B100 GPU between $30,000 and $35,000. However, the GB200 Superchip could command a price in the range of $60,000 to $70,000.What's more, Nvidia's server systems equipped with multiple CPUs and GPUs are estimated to command prices between $1.8 million and $3 million on average. It is worth noting that Nvidia management pointed out on the company's February earnings conference call that it expects its \"next-generation products to be supply constrained as demand far exceeds supply.\"So, despite a potential increase in pricing, the demand for Nvidia's new chips is likely to remain robust. That is a testament to the company's solid pricing power, as well as its ability to continue maintaining a solid share of the AI chip market. TechInsights estimates that Nvidia's market share of the AI GPU market increased to 97% in 2023 from 96% in 2022.Therefore, the company seems set to benefit from a combination of higher AI chip sales and improved pricing over the next couple of years, which is probably the reason why analysts have been raising their growth expectations for the company.Why it would be a good idea to buy the stockA closer look at the chart below tells us that Nvidia's earnings estimates have been heading higher of late.NVDA EPS ESTIMATES FOR CURRENT FISCAL YEAR DATA BY YCHARTSMore specifically, the company's bottom line could jump 52% in a couple of fiscal years from this year's projected $25.27 per share to $38.30 per share in fiscal 2027. However, if Nvidia's next-generation AI chips indeed hit gold, the company could end up delivering much stronger earnings growth.The stock is currently trading at 38 times forward earnings, just below its five-year average. Investors, therefore, are getting a relatively good deal on Nvidia stock right now, and they should consider buying it since its red-hot rally seems here to stay thanks to the catalysts discussed above.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":292916004204736,"gmtCreate":1712539150226,"gmtModify":1712540233260,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"Time is right to buy.","listText":"Time is right to buy.","text":"Time is right to buy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/292916004204736","repostId":"2424808145","repostType":2,"repost":{"id":"2424808145","kind":"highlight","pubTimestamp":1712220313,"share":"https://ttm.financial/m/news/2424808145?lang=&edition=fundamental","pubTime":"2024-04-04 16:45","market":"us","language":"en","title":"Tesla: Why I Am Buying The Drop Aggressively (Rating Upgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=2424808145","media":"seekingalpha","summary":"Tesla, Inc.'s Q1 delivery report fell short of expectations, causing shares to drop.The dip in deliveries is likely temporary and does not change Tesla's long term delivery trajectory.EPS estimates have reset to the downside as investors expect continual margin pressure.Despite risks and concerns, Tesla's valuation and risk profile have become more attractive, making it a bargain for EV investors ahead of Q1.   Slaven Vlasic/Getty Images Entertainment Shares of Tesla, Inc.  came under new selling pressure this week after the electric vehicle  maker disappointed with its latest delivery report. Tesla delivered \"only\" 386,810 cars in Q1 ’24, which drastically underperformed delivery expectations. However, Tesla saw a boost in deliveries in China, which is facing challenges of its own, including growing competition and pricing pressure. I believe the slowdown in the global EV market is causing more fear than warranted given Tesla's long term upward trajectory in deliveries. Thus, I see Te","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla, Inc.&#39;s Q1 delivery report fell short of expectations, causing shares to drop.</p></li><li><p>The dip in deliveries is likely temporary and does not change Tesla&#39;s long term delivery trajectory.</p></li><li><p>EPS estimates have reset to the downside as investors expect continual margin pressure.</p></li><li><p>Despite risks and concerns, Tesla&#39;s valuation and risk profile have become more attractive, making it a bargain for EV investors ahead of Q1.</p></li></ul><p>Shares of <a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> came under new selling pressure this week after the electric vehicle (&#34;EV&#34;) maker disappointed with its latest delivery report. Tesla delivered &#34;only&#34; 386,810 cars in Q1 ’24, which drastically underperformed delivery expectations. However, Tesla saw a boost in deliveries in China, which is facing challenges of its own, including growing competition and pricing pressure.</p><p>I believe the slowdown in the global EV market is causing more fear than warranted given Tesla&#39;s long term upward trajectory in deliveries. Thus, I see Tesla stock as a strong rebound candidate in 2024!</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/41921dad87a484fbbccc5937e1aea4fa\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"424\"/><span>Data by YCharts</span></p><h2 id=\"id_3455127206\">Previous rating</h2><p>I rated shares of Tesla a hold after the electric vehicle company disclosed considerable margin pressure in the third quarter that showed that the EV market was becoming more competitive: &#34;Overreaction To Cybertruck Comments Creates Long-Term Opportunity.&#34; The Q1 &#39;24 delivery report was not great, but it likely triggered an overreaction that long term-minded investors can exploit. With fears over a prolonged EV market slowdown, EPS estimates for Q1 &#39;24 trending down and investor sentiment taking a drastic turn compared to last year, I believe there is a contrarian investment opportunity here. For those reasons, I am upgrading my rating of Tesla from hold to buy.</p><h2 id=\"id_3557500849\">Making sense of the latest delivery report and reasons for rating change</h2><p>Tesla’s delivery report showed that the EV maker produced 433,371 electric vehicles in Q1’24 and delivered 386,810 cars in Q1&#39;24. In the year-earlier period, Tesla produced 440,808 electric vehicles (-1.7% Y/Y) and delivered 422,875 electric vehicles (-8.5% Y/Y). The delivery accomplishment also fell way short of analyst expectations, which called for 449,080 deliveries (-13.8%), resulting in the biggest sales-miss for Tesla ever. It was Tesla’s first drop in deliveries, on a year over year basis, since Q2 ’20. The EV maker named its production ramp for the Model 3 as a reason for the drop in deliveries in the first-quarter.</p><p>While it is easy to jump on the bandwagon and criticize Tesla for its delivery shortcomings, the bigger picture is still overwhelmingly in favor of the EV company. While Tesla was overtaken by BYD Company (OTCPK:BYDDF) in the fourth-quarter as the world’s largest EV maker by output, the U.S. company has grown its deliveries over a long period of time and consistently reached new delivery records, including last year, which is when Tesla delivered 38% Y/Y delivery growth. Tesla&#39;s FY 2023 delivery records were driven chiefly by the continual popularity of the Model 3. A catalyst for incremental delivery growth in FY 2024 could come from the recent start of deliveries for the Cybertruck as well as the revamped Model 3, which became available in the U.S. in January.</p><p>The longer-term trend in Tesla&#39;s production/deliveries numbers should be more important than a temporary setback. Tesla&#39;s delivery ramp still looks pretty impressive to me...</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7bb0b738bb59da8fa726266ce09eba67\" alt=\"InsideEVs\" title=\"InsideEVs\" tg-width=\"640\" tg-height=\"295\"/><span>InsideEVs</span></p><p>A look at Tesla&#39;s Q1 China numbers shows a more mixed picture. Tesla did reasonably well in China in March, with total deliveries of 89,064 vehicles, showing 48% month-over-month growth. China is also suffering from a slowdown in demand, which has caused companies like Li Auto (LI) to warn about its delivery potential in the first-quarter. The rebound in Tesla&#39;s March sales in China also strongly suggests that the delivery picture is not as bleak as some media reports would want investors to believe.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/651226e95327fc686541847d0b3f1dd0\" alt=\"Bloomberg\" title=\"Bloomberg\" tg-width=\"640\" tg-height=\"394\"/><span>Bloomberg</span></p><h2 id=\"id_378831390\">Implications for Tesla&#39;s Q1 &#39;24 earnings report</h2><p>Tesla Q1 ’24 earnings expectations are likely to continue to drop after the EV company submitted its delivery report for the first-quarter on April 2, 2024. With slowing EV growth and pressure on Tesla’s deliveries, investors are likely to lower their expectations ahead of the earnings release as well which may weigh on the company&#39;s valuation in the short term. Analysts currently model $0.58 per-share in Q1 ’24 earnings for Tesla, and analysts have revised their earnings estimates down a massive 31 times in the last 90 days.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7ddf608e7da64ea36e38a7c3d4e12561\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"231\"/><span>Seeking Alpha</span></p><p>The delivery report also indicates that Tesla is likely going to see slower top line growth as well more pressure on its gross margins... which has become a point of concern for many investors lately. Tesla&#39;s revenue growth slowed to 3% in the last quarter while its gross margins fell to 17.6%, showing a 6.1 PP contraction year over year. In the short term, these pressures will likely continue, and I expect a sequential drop-off in both operating and gross profit margins when the company releases Q1 earnings on April 23, 2024. However, Tesla&#39;s valuation is now so attractive relative to the company&#39;s historical valuation, that a contrarian purchase can make a lot of sense for long-term investors at this point in time, in my opinion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/46f145a5c34770d7ad5df3aa99f55e91\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"439\"/><span>Data by YCharts</span></p><h2 id=\"id_1854579543\">Tesla&#39;s valuation sends a contrarian buy signal</h2><p>Despite some points of weakness being revealed in Tesla’s Q1 ’24 delivery report, I believe that Tesla is now an exceptional bargain for EV investors from a valuation point of view. The market segment has seen its fair share of negative press lately, with electric vehicle maker Fisker (OTC:FSRN) struggling for its survival and other China-based EV manufacturers also carefully managing delivery expectations. The changing market perceptions have weighed heavily on Tesla&#39;s valuation, and shares are trading just 10% above the 1-year low of $152.37.</p><p>Tesla is currently valued at a P/S ratio of 4.1X. This is quite low for Tesla, which has historically traded at much higher price-to-revenue ratios. I am using a revenue-based multiplier for the EV maker since most other large-cap electric vehicle companies are not yet profitable (with the exception of BYD). Tesla&#39;s 4.1X P/S ratio implies a massive 35% discount to Tesla&#39;s 1-year average price-to-revenue ratio.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d40d31713608418020088b7f76355b1d\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"456\"/><span>Data by YCharts</span></p><p>Tesla&#39;s is now also valued at less than half the P/E ratio the company&#39;s shares traded at the beginning of the year. The FY 2025 P/E ratio for Tesla has fallen to only 40.4X, while the average P/E ratio in the last three years was 72.9X.</p><p>If Tesla revalued merely to its 3-year average earnings-based valuation ratio, shares of Tesla could have a fair value of $300. Readers should also note in the chart below that Tesla&#39;s P/E ratio has been highly volatile over time as well, with the P/E ratio bottoming out at 34X in January 2023 (which is when Tesla first started to announce price cuts) and topping out at 126X in early 2022 (when the economy recovered from COVID-19).</p><p>Given the P/E valuation history of Tesla, I believe investors are overly bearish about the company&#39;s delivery update, and Tesla has routinely recovered from rapid sentiment changes. If history repeats itself, which I believe it will, this may be just another contrarian investment opportunity for long term investors.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4d41ed80326423d00b7bf0fa6e1a4102\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"424\"/><span>Data by YCharts</span></p><h2 id=\"id_2437897682\">Risks with Tesla</h2><p>There are number of risks for Tesla... which is still by far the largest EV manufacturer by output and market cap in the U.S. With a global slowdown in EV sales, the immediate risk is continual gross margin pressure, which is likely what investors are going to see when Tesla releases first-quarter earnings on April 23, 2024. Weaker margins and free cash flow, in the short term, should therefore be expected. What would change my mind about Tesla in terms of rating would be if the EV maker were to see a consistent decline in delivery rates and weak demand for the revamped Model 3/Cybertruck.</p><h2 id=\"id_2561121998\">Final thoughts</h2><p>Tesla’s Q1 ’24 delivery report caused shares of Tesla to slide 5%, and they are now trading near 1-year lows. Investor sentiment ahead of Tesla’s Q1 ’24 earnings release has taken a serious hit, and analysts are likely to lower their EPS expectations further ahead of the earnings report on April 23, 2024... creating a low bar for Tesla to step over. While there are legitimate concerns about a slowdown in the EV market, Tesla&#39;s March deliveries in China were solid, but got surprisingly little attention. Tesla’s factories still churned out more than 400k electric vehicles in Q1, and the long-term growth trajectory is still pretty much intact.</p><p>Given that Tesla’s valuation as well as risk profile have become significantly more attractive lately, I believe that negative news are sufficiently priced into Tesla’s valuation at this point. Therefore, I see the current consolidation as another unique moment in time to buy Tesla, Inc. shares aggressively and to capitalize on weak investor sentiment!</p></body></html>","source":"seekingalpha","collect":0,"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>Tesla: Why I Am Buying The Drop Aggressively (Rating Upgrade)</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; 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}\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\">\nTesla: Why I Am Buying The Drop Aggressively (Rating Upgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-04 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4682024-tesla-why-i-am-buying-the-drop-aggressively-rating-upgrade><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla, Inc.'s Q1 delivery report fell short of expectations, causing shares to drop.The dip in deliveries is likely temporary and does not change Tesla's long term delivery trajectory.EPS estimates ...</p>\n\n<a href=\"https://seekingalpha.com/article/4682024-tesla-why-i-am-buying-the-drop-aggressively-rating-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4551":"寇图资本持仓","BK4585":"ETF&股票定投概念","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0823411888.USD":"法巴消费创新基金 Cap","LU2063271972.USD":"富兰克林创新领域基金","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4511":"特斯拉概念","BK4526":"热门中概股","LU0823414478.USD":"法巴经典能源转换基金","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4550":"红杉资本持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4581":"高盛持仓","TSLA":"特斯拉","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4527":"明星科技股","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4563":"昨日强势股","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4099":"汽车制造商","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS"},"source_url":"https://seekingalpha.com/article/4682024-tesla-why-i-am-buying-the-drop-aggressively-rating-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2424808145","content_text":"Tesla, Inc.'s Q1 delivery report fell short of expectations, causing shares to drop.The dip in deliveries is likely temporary and does not change Tesla's long term delivery trajectory.EPS estimates have reset to the downside as investors expect continual margin pressure.Despite risks and concerns, Tesla's valuation and risk profile have become more attractive, making it a bargain for EV investors ahead of Q1.Shares of Tesla, Inc. came under new selling pressure this week after the electric vehicle (\"EV\") maker disappointed with its latest delivery report. Tesla delivered \"only\" 386,810 cars in Q1 ’24, which drastically underperformed delivery expectations. However, Tesla saw a boost in deliveries in China, which is facing challenges of its own, including growing competition and pricing pressure.I believe the slowdown in the global EV market is causing more fear than warranted given Tesla's long term upward trajectory in deliveries. Thus, I see Tesla stock as a strong rebound candidate in 2024!Data by YChartsPrevious ratingI rated shares of Tesla a hold after the electric vehicle company disclosed considerable margin pressure in the third quarter that showed that the EV market was becoming more competitive: \"Overreaction To Cybertruck Comments Creates Long-Term Opportunity.\" The Q1 '24 delivery report was not great, but it likely triggered an overreaction that long term-minded investors can exploit. With fears over a prolonged EV market slowdown, EPS estimates for Q1 '24 trending down and investor sentiment taking a drastic turn compared to last year, I believe there is a contrarian investment opportunity here. For those reasons, I am upgrading my rating of Tesla from hold to buy.Making sense of the latest delivery report and reasons for rating changeTesla’s delivery report showed that the EV maker produced 433,371 electric vehicles in Q1’24 and delivered 386,810 cars in Q1'24. In the year-earlier period, Tesla produced 440,808 electric vehicles (-1.7% Y/Y) and delivered 422,875 electric vehicles (-8.5% Y/Y). The delivery accomplishment also fell way short of analyst expectations, which called for 449,080 deliveries (-13.8%), resulting in the biggest sales-miss for Tesla ever. It was Tesla’s first drop in deliveries, on a year over year basis, since Q2 ’20. The EV maker named its production ramp for the Model 3 as a reason for the drop in deliveries in the first-quarter.While it is easy to jump on the bandwagon and criticize Tesla for its delivery shortcomings, the bigger picture is still overwhelmingly in favor of the EV company. While Tesla was overtaken by BYD Company (OTCPK:BYDDF) in the fourth-quarter as the world’s largest EV maker by output, the U.S. company has grown its deliveries over a long period of time and consistently reached new delivery records, including last year, which is when Tesla delivered 38% Y/Y delivery growth. Tesla's FY 2023 delivery records were driven chiefly by the continual popularity of the Model 3. A catalyst for incremental delivery growth in FY 2024 could come from the recent start of deliveries for the Cybertruck as well as the revamped Model 3, which became available in the U.S. in January.The longer-term trend in Tesla's production/deliveries numbers should be more important than a temporary setback. Tesla's delivery ramp still looks pretty impressive to me...InsideEVsA look at Tesla's Q1 China numbers shows a more mixed picture. Tesla did reasonably well in China in March, with total deliveries of 89,064 vehicles, showing 48% month-over-month growth. China is also suffering from a slowdown in demand, which has caused companies like Li Auto (LI) to warn about its delivery potential in the first-quarter. The rebound in Tesla's March sales in China also strongly suggests that the delivery picture is not as bleak as some media reports would want investors to believe.BloombergImplications for Tesla's Q1 '24 earnings reportTesla Q1 ’24 earnings expectations are likely to continue to drop after the EV company submitted its delivery report for the first-quarter on April 2, 2024. With slowing EV growth and pressure on Tesla’s deliveries, investors are likely to lower their expectations ahead of the earnings release as well which may weigh on the company's valuation in the short term. Analysts currently model $0.58 per-share in Q1 ’24 earnings for Tesla, and analysts have revised their earnings estimates down a massive 31 times in the last 90 days.Seeking AlphaThe delivery report also indicates that Tesla is likely going to see slower top line growth as well more pressure on its gross margins... which has become a point of concern for many investors lately. Tesla's revenue growth slowed to 3% in the last quarter while its gross margins fell to 17.6%, showing a 6.1 PP contraction year over year. In the short term, these pressures will likely continue, and I expect a sequential drop-off in both operating and gross profit margins when the company releases Q1 earnings on April 23, 2024. However, Tesla's valuation is now so attractive relative to the company's historical valuation, that a contrarian purchase can make a lot of sense for long-term investors at this point in time, in my opinion.Data by YChartsTesla's valuation sends a contrarian buy signalDespite some points of weakness being revealed in Tesla’s Q1 ’24 delivery report, I believe that Tesla is now an exceptional bargain for EV investors from a valuation point of view. The market segment has seen its fair share of negative press lately, with electric vehicle maker Fisker (OTC:FSRN) struggling for its survival and other China-based EV manufacturers also carefully managing delivery expectations. The changing market perceptions have weighed heavily on Tesla's valuation, and shares are trading just 10% above the 1-year low of $152.37.Tesla is currently valued at a P/S ratio of 4.1X. This is quite low for Tesla, which has historically traded at much higher price-to-revenue ratios. I am using a revenue-based multiplier for the EV maker since most other large-cap electric vehicle companies are not yet profitable (with the exception of BYD). Tesla's 4.1X P/S ratio implies a massive 35% discount to Tesla's 1-year average price-to-revenue ratio.Data by YChartsTesla's is now also valued at less than half the P/E ratio the company's shares traded at the beginning of the year. The FY 2025 P/E ratio for Tesla has fallen to only 40.4X, while the average P/E ratio in the last three years was 72.9X.If Tesla revalued merely to its 3-year average earnings-based valuation ratio, shares of Tesla could have a fair value of $300. Readers should also note in the chart below that Tesla's P/E ratio has been highly volatile over time as well, with the P/E ratio bottoming out at 34X in January 2023 (which is when Tesla first started to announce price cuts) and topping out at 126X in early 2022 (when the economy recovered from COVID-19).Given the P/E valuation history of Tesla, I believe investors are overly bearish about the company's delivery update, and Tesla has routinely recovered from rapid sentiment changes. If history repeats itself, which I believe it will, this may be just another contrarian investment opportunity for long term investors.Data by YChartsRisks with TeslaThere are number of risks for Tesla... which is still by far the largest EV manufacturer by output and market cap in the U.S. With a global slowdown in EV sales, the immediate risk is continual gross margin pressure, which is likely what investors are going to see when Tesla releases first-quarter earnings on April 23, 2024. Weaker margins and free cash flow, in the short term, should therefore be expected. What would change my mind about Tesla in terms of rating would be if the EV maker were to see a consistent decline in delivery rates and weak demand for the revamped Model 3/Cybertruck.Final thoughtsTesla’s Q1 ’24 delivery report caused shares of Tesla to slide 5%, and they are now trading near 1-year lows. Investor sentiment ahead of Tesla’s Q1 ’24 earnings release has taken a serious hit, and analysts are likely to lower their EPS expectations further ahead of the earnings report on April 23, 2024... creating a low bar for Tesla to step over. While there are legitimate concerns about a slowdown in the EV market, Tesla's March deliveries in China were solid, but got surprisingly little attention. Tesla’s factories still churned out more than 400k electric vehicles in Q1, and the long-term growth trajectory is still pretty much intact.Given that Tesla’s valuation as well as risk profile have become significantly more attractive lately, I believe that negative news are sufficiently priced into Tesla’s valuation at this point. Therefore, I see the current consolidation as another unique moment in time to buy Tesla, Inc. shares aggressively and to capitalize on weak investor sentiment!","news_type":1},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":274155244671216,"gmtCreate":1707970403710,"gmtModify":1707970997030,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"My lucky first trade","listText":"My lucky first trade","text":"My lucky first trade","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274155244671216","isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":274154959077568,"gmtCreate":1707970304922,"gmtModify":1707970991682,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"&nbsp;How to place an order on my trading account&nbsp;","listText":"&nbsp;How to place an order on my trading account&nbsp;","text":"How to place an order on my trading account","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274154959077568","isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":308605622403160,"gmtCreate":1716370882654,"gmtModify":1716371013802,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"Buy before the announcement&nbsp;","listText":"Buy before the announcement&nbsp;","text":"Buy before the announcement","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/308605622403160","repostId":"2437060854","repostType":2,"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373792028680208,"gmtCreate":1732267179519,"gmtModify":1732267604139,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"Bitcoin ETF ibit is having a good run","listText":"Bitcoin ETF ibit is having a good run","text":"Bitcoin ETF ibit is having a good run","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373792028680208","isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333614043402376,"gmtCreate":1722493697861,"gmtModify":1722493701318,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"Ī","listText":"Ī","text":"Ī","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333614043402376","repostId":"2456672661","repostType":2,"repost":{"id":"2456672661","kind":"highlight","weMediaInfo":{"introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"media_name":"MT Newswires Live","id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"pubTimestamp":1722456166,"share":"https://ttm.financial/m/news/2456672661?lang=&edition=fundamental","pubTime":"2024-08-01 04:02","market":"sh","language":"en","title":"US Equities Markets End Higher Wednesday After Fed Holds Rates Steady","url":"https://stock-news.laohu8.com/highlight/detail?id=2456672661","media":"MT Newswires Live","summary":"US benchmark equity indexes ended higher Wednesday after the Federal Reserve held interest rates steady.* The Federal Open Market Committee left its target range for the federal funds rate unchanged a","content":"<html><body><p> US benchmark equity indexes ended higher Wednesday after the Federal Reserve held interest rates steady.</p><p>* The Federal Open Market Committee left its target range for the federal funds rate unchanged at 5.25% to 5.50%, but changed its statement to reflect a more balanced approach to its dual mandate that shows both more concern about the job market and an acknowledgement of further progress on inflation. Fed Chairman Jerome Powell did not rule out the possibility that a rate cut could come in September, but said that would depend on the incoming data.</p><p>* Employment growth in the US private sector decelerated in July, while annual pay gains for job stayers recorded the slowest pace in three years, Automatic Data Processing (ADP) reported.</p><p>* The Bureau of Labor Statistics is expected to report Friday that the US economy added 175,000 nonfarm jobs this month, which would mark a decrease from the 206,000 gain posted for June.</p><p>* September West Texas Intermediate crude oil rose $3.68 at $78.37 per barrel, while September Brent crude, the global benchmark, was last seen up $2.09 at $80.72 following data that US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 2.8 million barrels in the week ended July 26 after a 3.1 million barrels decrease in the previous week.</p><p>*  Nvidia (NVDA) shares were up 13% as Microsoft (MSFT) indicated it would continue spending on the company's chips to build artificial intelligence infrastructure, easing fears there would be a slowdown in the build out of AI servers.</p><p>* Marriott International (MAR) shares fell 4.7% after the hotel giant's Q2 sales fell short of market expectations, prompting a guidance cut for full-year earnings and global revenue per available room.</p></body></html>","source":"mtnewswires_news","collect":0,"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>US Equities Markets End Higher Wednesday After Fed Holds Rates Steady</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; 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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\">\nUS Equities Markets End Higher Wednesday After Fed Holds Rates Steady\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-08-01 04:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> US benchmark equity indexes ended higher Wednesday after the Federal Reserve held interest rates steady.</p><p>* The Federal Open Market Committee left its target range for the federal funds rate unchanged at 5.25% to 5.50%, but changed its statement to reflect a more balanced approach to its dual mandate that shows both more concern about the job market and an acknowledgement of further progress on inflation. Fed Chairman Jerome Powell did not rule out the possibility that a rate cut could come in September, but said that would depend on the incoming data.</p><p>* Employment growth in the US private sector decelerated in July, while annual pay gains for job stayers recorded the slowest pace in three years, Automatic Data Processing (ADP) reported.</p><p>* The Bureau of Labor Statistics is expected to report Friday that the US economy added 175,000 nonfarm jobs this month, which would mark a decrease from the 206,000 gain posted for June.</p><p>* September West Texas Intermediate crude oil rose $3.68 at $78.37 per barrel, while September Brent crude, the global benchmark, was last seen up $2.09 at $80.72 following data that US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 2.8 million barrels in the week ended July 26 after a 3.1 million barrels decrease in the previous week.</p><p>*  Nvidia (NVDA) shares were up 13% as Microsoft (MSFT) indicated it would continue spending on the company's chips to build artificial intelligence infrastructure, easing fears there would be a slowdown in the build out of AI servers.</p><p>* Marriott International (MAR) shares fell 4.7% after the hotel giant's Q2 sales fell short of market expectations, prompting a guidance cut for full-year earnings and global revenue per available room.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2456672661","content_text":"US benchmark equity indexes ended higher Wednesday after the Federal Reserve held interest rates steady.* The Federal Open Market Committee left its target range for the federal funds rate unchanged at 5.25% to 5.50%, but changed its statement to reflect a more balanced approach to its dual mandate that shows both more concern about the job market and an acknowledgement of further progress on inflation. Fed Chairman Jerome Powell did not rule out the possibility that a rate cut could come in September, but said that would depend on the incoming data.* Employment growth in the US private sector decelerated in July, while annual pay gains for job stayers recorded the slowest pace in three years, Automatic Data Processing (ADP) reported.* The Bureau of Labor Statistics is expected to report Friday that the US economy added 175,000 nonfarm jobs this month, which would mark a decrease from the 206,000 gain posted for June.* September West Texas Intermediate crude oil rose $3.68 at $78.37 per barrel, while September Brent crude, the global benchmark, was last seen up $2.09 at $80.72 following data that US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 2.8 million barrels in the week ended July 26 after a 3.1 million barrels decrease in the previous week.*  Nvidia (NVDA) shares were up 13% as Microsoft (MSFT) indicated it would continue spending on the company's chips to build artificial intelligence infrastructure, easing fears there would be a slowdown in the build out of AI servers.* Marriott International (MAR) shares fell 4.7% after the hotel giant's Q2 sales fell short of market expectations, prompting a guidance cut for full-year earnings and global revenue per available room.","news_type":1},"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322393394782408,"gmtCreate":1719739812341,"gmtModify":1719739815706,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322393394782408","repostId":"1135013283","repostType":2,"repost":{"id":"1135013283","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1719489600,"share":"https://ttm.financial/m/news/1135013283?lang=&edition=fundamental","pubTime":"2024-06-27 20:00","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Edge Lower; Nvidia Drops 2%; Micron Sinks 6%; FFIE Jumps Another 18%","url":"https://stock-news.laohu8.com/highlight/detail?id=1135013283","media":"Tiger Newspress","summary":"U.S. stock index futures slipped on Thursday as a slump in Micron Technology after a lackluster forecast dragged down other semiconductor stocks, while caution ahead of economic data and a presidentia","content":"<html><head></head><body><p>U.S. stock index futures slipped on Thursday as a slump in Micron Technology after a lackluster forecast dragged down other semiconductor stocks, while caution ahead of economic data and a presidential debate also dented sentiment.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:50 a.m. ET, Dow e-minis were down 65 points, or 0.16%, S&amp;P 500 e-minis were down 7.25 points, or 0.13%, and Nasdaq 100 e-minis were down 32 points, or 0.16%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/11b8f1633329a105a3302f6b3e2fab95\" tg-width=\"374\" tg-height=\"204\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></strong> - Micron Technology reported fiscal third-quarter adjusted earnings and revenue that beat analysts’ expectations but shares of the memory-chip maker were falling 5.7% as revenue guidance for the current fourth quarter only matched estimates. Micron earned 62 cents a share on an adjusted basis in the quarter, better than forecasts of 48 cents. The company said it expects fiscal fourth-quarter revenue of $7.6 billion at the midpoint of its guidance range, just better than consensus at $7.59 billion, with adjusted profit of $1.08 a share, compared with Wall Street estimates of $1.02.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia shares dropped 1.8% in premarket trading as shareholder meeting failed to soothe skittish investors. Nvidia CEO Jensen Huang didn&#39;t say anything to sound off alarms during the meeting. But he also didn&#39;t say anything particularly reassuring about how it will fend off competitors and maintain its position at the top — or anything game-changing that hadn&#39;t already been touched on at the GTC conference in March.</p><p><strong><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a></strong> - Faraday Future shares surged another 18.5% in premarket trading on Thursday after soaring 73% on Wednesday. The EV industry is abuzz yesterday following a major partnership between Rivian and Volkswagen. A short squeeze could possibly be behind the rise in FFIE stock.</p><p><strong><a href=\"https://laohu8.com/S/BB\">BlackBerry</a></strong> - BlackBerry rose 9.1% after the cybersecurity company reported a fiscal first-quarter adjusted loss of 3 cents a share, down from earnings of 6 cents a share a year earlier, but narrower that the loss of 5 cents expected by analysts.</p><p><strong><a href=\"https://laohu8.com/S/DJT\">Trump Media &amp; Technology</a></strong> - Trump Media &amp; Technology stock rallied 5.7% in premarket trading Thursday. The shares have gained almost 42% this week as of Wednesday. President Biden and former President Donald Trump will participate in the first presidential debate of the 2024 election on Thursday at 9 p.m. ET. </p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/LEVI\">Levi Strauss &amp; Co</a></strong> - Levi Strauss, the jeans maker, was tumbling 15.2% in premarket trading after fiscal second-quarter revenue rose nearly 8% to $1.44 billion but slightly missed estimates of $1.45 billion. Revenue in the Americas region jumped 17% to $712.2 million. Adjusted earnings of 16 cents a share topped expectations of 11 cents. The company reaffirmed that it expects fiscal-year revenue growth of 1% to 3%.</p><p><strong><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a></strong> - Walgreens Boots Alliance was declining 5.3% after the drugstore chain reported third-quarter adjusted earnings of 63 cents a share, missing analysts’ estimates of 68 cents, and reduced its profit outlook for the fiscal year, citing “reflecting “challenging pharmacy industry trends and a worse-than-expected U.S. consumer environment.”</p><p><strong><a href=\"https://laohu8.com/S/GSK\">GlaxoSmithKline PLC</a></strong> - GSK&#39;s shares fell 1.8% in premarket trading, a day after a U.S. public health agency narrowed its usage recommendation for all respiratory syncytial virus (RSV) vaccines and held off on recommending their use for those under 60 years of age.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/IP\">International Paper</a></strong> - International Paper declined 11.8% after Brazilian company Suzano said it terminated discussions to acquire the Memphis paper maker. According to reports, Suzano, the world’s largest pulp manufacturer, had offered to buy International Paper for about $15 billion. International Paper, meanwhile, said earlier this week its pending acquisition of U.K. packaging company DS Smith for more than $7 billion cleared a key U.S. regulatory hurdle.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/AVAV\">AeroVironment</a></strong> - AeroVironment was falling 14.8% in premarket trading. The defense supplier reported fiscal fourth-quarter earnings and revenue that beat analysts’ expectations. The company said it was “on track for nearly 12% top-line growth in fiscal year 2025 with expected revenue of between $790 million and $820 million.”</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/MKC\">McCormick</a></strong> - McCormick &amp; Co. posted better-than-expected earnings in its fiscal second quarter and the spices and flavorings maker reaffirmed its outlook for sales, operating profit, and adjusted per-share earnings. Shares rose 3%.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">Amazon Hits $2 Trillion in Value as AI Frenzy Fuels Rally</h3><p>Amazon.com Inc. has reached a $2 trillion market valuation for the first time ever as an artificial intelligence-fueled rally pushed the tech giant deeper into record territory.</p><p>Shares rose 3.9% on Wednesday to close at $193.61, pushing the market value to more than $2 trillion. The company is now a member of an elite club of a handful of peers that have surpassed the key market capitalization. Alphabet Inc. passed the $2 trillion threshold in late April, while rallies have pushed market values of Nvidia Corp., Microsoft Corp. and Apple Inc. to more than $3 trillion.</p><p>Amazon shares have whipsawed since the company’s first quarter earnings, when the cloud unit posted the strongest sales growth in a year, helping to power the stock back above the all-time high set in April. The stock rallied in June, recovering losses from the end of May to gain 27% so far this year.</p><h3 id=\"id_217715891\">SpaceX Tender Offer Said to Value Company at Record $210 Billion</h3><p>SpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than-expected price that boosts the value of Elon Musk’s space and satellite company closer to $210 billion, according to people familiar with the matter.</p><p>The company was last valued at $180 billion in a transaction in December, Bloomberg News reported.</p><p>The world’s second-most valuable startup decided to price its current tender offer — a transaction that enables employees and insiders like investors to sell shares — at higher than the $200 billion valuation that was discussed last month, due to significant investor demand, the people said, who declined to be identified as they’re not authorized to speak publicly.</p><p>The new valuation is a record for an American private company, but is still lower than the $268 billion valuation of ByteDance Ltd., parent of social video phenom TikTok. Already, SpaceX is on par with some of the world’s largest, publicly traded companies by market capitalization.</p><p><strong>Trade US Stocks 24/5 with Tiger Trade!</strong></p><p><img src=\"https://community-static.tradeup.com/news/25e9093f09ca87042d8aa141cd880adc\" alt=\"\"/></p></body></html>","collect":0,"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>Pre-Bell｜U.S. Futures Edge Lower; Nvidia Drops 2%; Micron Sinks 6%; FFIE Jumps Another 18%</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\">\nPre-Bell｜U.S. Futures Edge Lower; Nvidia Drops 2%; Micron Sinks 6%; FFIE Jumps Another 18%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-06-27 20:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures slipped on Thursday as a slump in Micron Technology after a lackluster forecast dragged down other semiconductor stocks, while caution ahead of economic data and a presidential debate also dented sentiment.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:50 a.m. ET, Dow e-minis were down 65 points, or 0.16%, S&amp;P 500 e-minis were down 7.25 points, or 0.13%, and Nasdaq 100 e-minis were down 32 points, or 0.16%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/11b8f1633329a105a3302f6b3e2fab95\" tg-width=\"374\" tg-height=\"204\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></strong> - Micron Technology reported fiscal third-quarter adjusted earnings and revenue that beat analysts’ expectations but shares of the memory-chip maker were falling 5.7% as revenue guidance for the current fourth quarter only matched estimates. Micron earned 62 cents a share on an adjusted basis in the quarter, better than forecasts of 48 cents. The company said it expects fiscal fourth-quarter revenue of $7.6 billion at the midpoint of its guidance range, just better than consensus at $7.59 billion, with adjusted profit of $1.08 a share, compared with Wall Street estimates of $1.02.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia shares dropped 1.8% in premarket trading as shareholder meeting failed to soothe skittish investors. Nvidia CEO Jensen Huang didn&#39;t say anything to sound off alarms during the meeting. But he also didn&#39;t say anything particularly reassuring about how it will fend off competitors and maintain its position at the top — or anything game-changing that hadn&#39;t already been touched on at the GTC conference in March.</p><p><strong><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a></strong> - Faraday Future shares surged another 18.5% in premarket trading on Thursday after soaring 73% on Wednesday. The EV industry is abuzz yesterday following a major partnership between Rivian and Volkswagen. A short squeeze could possibly be behind the rise in FFIE stock.</p><p><strong><a href=\"https://laohu8.com/S/BB\">BlackBerry</a></strong> - BlackBerry rose 9.1% after the cybersecurity company reported a fiscal first-quarter adjusted loss of 3 cents a share, down from earnings of 6 cents a share a year earlier, but narrower that the loss of 5 cents expected by analysts.</p><p><strong><a href=\"https://laohu8.com/S/DJT\">Trump Media &amp; Technology</a></strong> - Trump Media &amp; Technology stock rallied 5.7% in premarket trading Thursday. The shares have gained almost 42% this week as of Wednesday. President Biden and former President Donald Trump will participate in the first presidential debate of the 2024 election on Thursday at 9 p.m. ET. </p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/LEVI\">Levi Strauss &amp; Co</a></strong> - Levi Strauss, the jeans maker, was tumbling 15.2% in premarket trading after fiscal second-quarter revenue rose nearly 8% to $1.44 billion but slightly missed estimates of $1.45 billion. Revenue in the Americas region jumped 17% to $712.2 million. Adjusted earnings of 16 cents a share topped expectations of 11 cents. The company reaffirmed that it expects fiscal-year revenue growth of 1% to 3%.</p><p><strong><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a></strong> - Walgreens Boots Alliance was declining 5.3% after the drugstore chain reported third-quarter adjusted earnings of 63 cents a share, missing analysts’ estimates of 68 cents, and reduced its profit outlook for the fiscal year, citing “reflecting “challenging pharmacy industry trends and a worse-than-expected U.S. consumer environment.”</p><p><strong><a href=\"https://laohu8.com/S/GSK\">GlaxoSmithKline PLC</a></strong> - GSK&#39;s shares fell 1.8% in premarket trading, a day after a U.S. public health agency narrowed its usage recommendation for all respiratory syncytial virus (RSV) vaccines and held off on recommending their use for those under 60 years of age.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/IP\">International Paper</a></strong> - International Paper declined 11.8% after Brazilian company Suzano said it terminated discussions to acquire the Memphis paper maker. According to reports, Suzano, the world’s largest pulp manufacturer, had offered to buy International Paper for about $15 billion. International Paper, meanwhile, said earlier this week its pending acquisition of U.K. packaging company DS Smith for more than $7 billion cleared a key U.S. regulatory hurdle.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/AVAV\">AeroVironment</a></strong> - AeroVironment was falling 14.8% in premarket trading. The defense supplier reported fiscal fourth-quarter earnings and revenue that beat analysts’ expectations. The company said it was “on track for nearly 12% top-line growth in fiscal year 2025 with expected revenue of between $790 million and $820 million.”</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/MKC\">McCormick</a></strong> - McCormick &amp; Co. posted better-than-expected earnings in its fiscal second quarter and the spices and flavorings maker reaffirmed its outlook for sales, operating profit, and adjusted per-share earnings. Shares rose 3%.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">Amazon Hits $2 Trillion in Value as AI Frenzy Fuels Rally</h3><p>Amazon.com Inc. has reached a $2 trillion market valuation for the first time ever as an artificial intelligence-fueled rally pushed the tech giant deeper into record territory.</p><p>Shares rose 3.9% on Wednesday to close at $193.61, pushing the market value to more than $2 trillion. The company is now a member of an elite club of a handful of peers that have surpassed the key market capitalization. Alphabet Inc. passed the $2 trillion threshold in late April, while rallies have pushed market values of Nvidia Corp., Microsoft Corp. and Apple Inc. to more than $3 trillion.</p><p>Amazon shares have whipsawed since the company’s first quarter earnings, when the cloud unit posted the strongest sales growth in a year, helping to power the stock back above the all-time high set in April. The stock rallied in June, recovering losses from the end of May to gain 27% so far this year.</p><h3 id=\"id_217715891\">SpaceX Tender Offer Said to Value Company at Record $210 Billion</h3><p>SpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than-expected price that boosts the value of Elon Musk’s space and satellite company closer to $210 billion, according to people familiar with the matter.</p><p>The company was last valued at $180 billion in a transaction in December, Bloomberg News reported.</p><p>The world’s second-most valuable startup decided to price its current tender offer — a transaction that enables employees and insiders like investors to sell shares — at higher than the $200 billion valuation that was discussed last month, due to significant investor demand, the people said, who declined to be identified as they’re not authorized to speak publicly.</p><p>The new valuation is a record for an American private company, but is still lower than the $268 billion valuation of ByteDance Ltd., parent of social video phenom TikTok. Already, SpaceX is on par with some of the world’s largest, publicly traded companies by market capitalization.</p><p><strong>Trade US Stocks 24/5 with Tiger Trade!</strong></p><p><img src=\"https://community-static.tradeup.com/news/25e9093f09ca87042d8aa141cd880adc\" alt=\"\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓",".DJI":"道琼斯","IP":"国际纸业","MKC":"味好美","NVDA":"英伟达","AVAV":"AeroVironment公司","LEVI":"李维斯","DJT":"特朗普媒体科技集团","WBA":"沃尔格林联合博姿","MU":"美光科技",".IXIC":"NASDAQ Composite","GSK":"葛兰素史克",".SPX":"S&P 500 Index","FFIE":"Faraday Future"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135013283","content_text":"U.S. stock index futures slipped on Thursday as a slump in Micron Technology after a lackluster forecast dragged down other semiconductor stocks, while caution ahead of economic data and a presidential debate also dented sentiment.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were down 65 points, or 0.16%, S&P 500 e-minis were down 7.25 points, or 0.13%, and Nasdaq 100 e-minis were down 32 points, or 0.16%.Pre-Market MoversMicron Technology - Micron Technology reported fiscal third-quarter adjusted earnings and revenue that beat analysts’ expectations but shares of the memory-chip maker were falling 5.7% as revenue guidance for the current fourth quarter only matched estimates. Micron earned 62 cents a share on an adjusted basis in the quarter, better than forecasts of 48 cents. The company said it expects fiscal fourth-quarter revenue of $7.6 billion at the midpoint of its guidance range, just better than consensus at $7.59 billion, with adjusted profit of $1.08 a share, compared with Wall Street estimates of $1.02.Nvidia - Nvidia shares dropped 1.8% in premarket trading as shareholder meeting failed to soothe skittish investors. Nvidia CEO Jensen Huang didn't say anything to sound off alarms during the meeting. But he also didn't say anything particularly reassuring about how it will fend off competitors and maintain its position at the top — or anything game-changing that hadn't already been touched on at the GTC conference in March.Faraday Future - Faraday Future shares surged another 18.5% in premarket trading on Thursday after soaring 73% on Wednesday. The EV industry is abuzz yesterday following a major partnership between Rivian and Volkswagen. A short squeeze could possibly be behind the rise in FFIE stock.BlackBerry - BlackBerry rose 9.1% after the cybersecurity company reported a fiscal first-quarter adjusted loss of 3 cents a share, down from earnings of 6 cents a share a year earlier, but narrower that the loss of 5 cents expected by analysts.Trump Media & Technology - Trump Media & Technology stock rallied 5.7% in premarket trading Thursday. The shares have gained almost 42% this week as of Wednesday. President Biden and former President Donald Trump will participate in the first presidential debate of the 2024 election on Thursday at 9 p.m. ET. Levi Strauss & Co - Levi Strauss, the jeans maker, was tumbling 15.2% in premarket trading after fiscal second-quarter revenue rose nearly 8% to $1.44 billion but slightly missed estimates of $1.45 billion. Revenue in the Americas region jumped 17% to $712.2 million. Adjusted earnings of 16 cents a share topped expectations of 11 cents. The company reaffirmed that it expects fiscal-year revenue growth of 1% to 3%.Walgreens Boots Alliance - Walgreens Boots Alliance was declining 5.3% after the drugstore chain reported third-quarter adjusted earnings of 63 cents a share, missing analysts’ estimates of 68 cents, and reduced its profit outlook for the fiscal year, citing “reflecting “challenging pharmacy industry trends and a worse-than-expected U.S. consumer environment.”GlaxoSmithKline PLC - GSK's shares fell 1.8% in premarket trading, a day after a U.S. public health agency narrowed its usage recommendation for all respiratory syncytial virus (RSV) vaccines and held off on recommending their use for those under 60 years of age.International Paper - International Paper declined 11.8% after Brazilian company Suzano said it terminated discussions to acquire the Memphis paper maker. According to reports, Suzano, the world’s largest pulp manufacturer, had offered to buy International Paper for about $15 billion. International Paper, meanwhile, said earlier this week its pending acquisition of U.K. packaging company DS Smith for more than $7 billion cleared a key U.S. regulatory hurdle.AeroVironment - AeroVironment was falling 14.8% in premarket trading. The defense supplier reported fiscal fourth-quarter earnings and revenue that beat analysts’ expectations. The company said it was “on track for nearly 12% top-line growth in fiscal year 2025 with expected revenue of between $790 million and $820 million.”McCormick - McCormick & Co. posted better-than-expected earnings in its fiscal second quarter and the spices and flavorings maker reaffirmed its outlook for sales, operating profit, and adjusted per-share earnings. Shares rose 3%.Market NewsAmazon Hits $2 Trillion in Value as AI Frenzy Fuels RallyAmazon.com Inc. has reached a $2 trillion market valuation for the first time ever as an artificial intelligence-fueled rally pushed the tech giant deeper into record territory.Shares rose 3.9% on Wednesday to close at $193.61, pushing the market value to more than $2 trillion. The company is now a member of an elite club of a handful of peers that have surpassed the key market capitalization. Alphabet Inc. passed the $2 trillion threshold in late April, while rallies have pushed market values of Nvidia Corp., Microsoft Corp. and Apple Inc. to more than $3 trillion.Amazon shares have whipsawed since the company’s first quarter earnings, when the cloud unit posted the strongest sales growth in a year, helping to power the stock back above the all-time high set in April. The stock rallied in June, recovering losses from the end of May to gain 27% so far this year.SpaceX Tender Offer Said to Value Company at Record $210 BillionSpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than-expected price that boosts the value of Elon Musk’s space and satellite company closer to $210 billion, according to people familiar with the matter.The company was last valued at $180 billion in a transaction in December, Bloomberg News reported.The world’s second-most valuable startup decided to price its current tender offer — a transaction that enables employees and insiders like investors to sell shares — at higher than the $200 billion valuation that was discussed last month, due to significant investor demand, the people said, who declined to be identified as they’re not authorized to speak publicly.The new valuation is a record for an American private company, but is still lower than the $268 billion valuation of ByteDance Ltd., parent of social video phenom TikTok. Already, SpaceX is on par with some of the world’s largest, publicly traded companies by market capitalization.Trade US Stocks 24/5 with Tiger Trade!","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":292916004204736,"gmtCreate":1712539150226,"gmtModify":1712540233260,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"Time is right to buy.","listText":"Time is right to buy.","text":"Time is right to buy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/292916004204736","repostId":"2424808145","repostType":2,"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":274155244671216,"gmtCreate":1707970403710,"gmtModify":1707970997030,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"My lucky first trade","listText":"My lucky first trade","text":"My lucky first trade","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274155244671216","isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":274154959077568,"gmtCreate":1707970304922,"gmtModify":1707970991682,"author":{"id":"4108888154254350","authorId":"4108888154254350","name":"How to place an order on my trading acco","avatar":"https://community-static.tradeup.com/news/ee1d6ccd69e612f58b5c270a786c0085","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4108888154254350","authorIdStr":"4108888154254350"},"themes":[],"htmlText":"&nbsp;How to place an order on my trading account&nbsp;","listText":"&nbsp;How to place an order on my trading account&nbsp;","text":"How to place an order on my trading account","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274154959077568","isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}