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2024-04-25
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Microsoft, Alphabet Face a "Show Me" Moment After Meta Misfire
Oratorio
2024-04-24
From my standpoint it is good and we what's going on in this world.
Post-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%
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Traders expect fresh insight into how broadly consumers and enterprises are adopting AI services — and what growth will look like from here. Scrutiny will be intense after Meta revealed it will spend billions more dollars than expected this year — triggering a stock selloff.</p><p style=\"text-align: start;\">More disappointment could put bears in charge of the near-term narrative. Microsoft and Alphabet — which have a combined market capitalization of $4.8 trillion and together comprise 9.4% of the S&P 500 Index — need to leap over high expectations to justify their rallies and validate the AI optimism fueling the market’s advance.</p><p style=\"text-align: start;\">“This is the show-me quarter for Microsoft and Alphabet in particular, but also AI broadly,” said Michael Arone, chief investment strategist at State Street Global Advisors. “Their prices are reflective of a perfect environment, and a modest beat won’t be enough this time. They need to show their ability to surpass even elevated expectations. That’s critical for the market to rebuild its momentum.”</p><p>Microsoft fell 4.5% and Alphabet fell 5% on Thursday, pressured as Meta sank 15%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9a145a4c71a3d38202b69d36db2b5dc7\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p style=\"text-align: start;\">Besides stocks of firms like Nvidia Corp., which makes the chips used in AI processing, Microsoft and Alphabet are seen as the companies most likely to see a direct impact from AI in the near term. However, should they indicate that the tailwind is smaller, further out, or more expensive than bulls are hoping — as Meta seemed to — that could be as damaging for the stocks as missing expectations.</p><p style=\"text-align: start;\">“The prevailing question for investors remains ‘when does the Generative AI piece of the equation ramp more fully?’,” wrote Morgan Stanley analysts. “Investor patience for top-line results has worn thin.”</p><p style=\"text-align: start;\">Microsoft has been aggressive in implementing its Copilot AI assistant into its products, including Office and its GitHub coding platform. Last quarter, AI demand fueled growth in its Azure cloud-services business, and investors will want to see a repeat performance on that front. It is expected to deliver growth above 15% on both the top and bottom lines this time.</p><p>Alphabet is facing more skepticism on the AI front. Its offerings have featured some high-profile missteps, and the integration of AI into Bing and other search engines means it is on the defensive in protecting Google’s dominant market share. While net earnings are expected to rise more than 30% this quarter, with revenue up almost 14%, any sign of disappointment could reinforce the narrative that it has fallen behind. The company’s past two reports have been met with sizable selloffs.</p><p>This divergence is reflected in their valuations. Microsoft trades at 30 times estimated earnings, above its long-term history and at a premium to the Nasdaq 100 Index’s multiple of 24.4. Alphabet is cheaper, with a multiple below 21, although it is essentially even with its 10-year average, which could limit additional upside.</p><p style=\"text-align: start;\">“Investors have really paid up for Microsoft shares in particular. That suggests they’re really expecting it to deliver on the AI promise,” Arone said. “Alphabet has a lot it needs to prove” and investors “really want to see an AI lift.”</p><p style=\"text-align: start;\">Microsoft is up 4% this year while Alphabet is up 8%, outperforming the Nasdaq 100 Index. Overall, Wall Street remains extremely optimistic about both, with investors pointing to durable growth trends, strong balance sheets, and robust cash flow. Nearly 85% of the analysts tracked by Bloomberg recommend buying Alphabet, with a higher percentage bullish on Microsoft.</p><p style=\"text-align: start;\">“It’s possible prices have gotten ahead of themselves, but we’re very likely to get good earnings out of both companies,” said David Miller, chief investment officer at Catalyst Capital Advisors. “Interest rates are acting as something of a headwind, but I think the underlying tailwinds are strong enough to stay positive.”</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1801e7f564b5dff758edf131b844055b\" title=\"\" tg-width=\"936\" tg-height=\"636\"/></p><p>Meta shares fell 15% on Thursday, their biggest intraday percentage drop since October 2022. Investors are spooked by its weaker-than-expected sales forecast and higher capital expenditures, and in the past, big post-earnings selloffs have not been buying opportunities.</p><h3 id=\"id_3505189483\" style=\"text-align: start;\">Earnings Due Thursday</h3><ul style=\"\"><li><p>Premarket</p><ul style=\"\"><li><p>OSI Systems</p></li><li><p>Comcast</p></li></ul></li><li><p>Postmarket</p><ul style=\"\"><li><p>Alphabet</p></li><li><p>T-Mobile</p></li><li><p>Snap</p></li><li><p>Roku</p></li><li><p>Microsoft</p></li><li><p>Intel</p></li><li><p>KLA Corp</p></li><li><p>Atlassian</p></li><li><p>Fair Isaac</p></li><li><p>Western Digital</p></li><li><p>VeriSign</p></li><li><p>Juniper</p></li><li><p>Appfolio</p></li><li><p>SPS Commerce</p></li><li><p>Rogers</p></li></ul></li></ul></body></html>","source":"lsy1584095487587","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>Microsoft, Alphabet Face a \"Show Me\" Moment After Meta Misfire</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\">\nMicrosoft, Alphabet Face a \"Show Me\" Moment After Meta Misfire\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 23:00 GMT+8 <a href=https://www.bloomberg.com/news/articles/2024-04-25/microsoft-alphabet-face-a-show-me-moment-after-meta-misfire?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Results from both companies will speak to AI demand and growthShares of Microsoft and Alphabet have outperformed in 2024Microsoft has been aggressive in implementing its Copilot AI assistant into its ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-25/microsoft-alphabet-face-a-show-me-moment-after-meta-misfire?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0072462426.USD":"贝莱德全球配置 A2","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK4567":"ESG概念","LU0079474960.USD":"联博美国增长基金A","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","GOOG":"谷歌","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","BK4566":"资本集团","GOOGL":"谷歌A","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","BK4588":"碎股","LU0251142724.SGD":"Fidelity America A-SGD","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","MSFT":"微软","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4574":"无人驾驶","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","BK4573":"虚拟现实","BK4581":"高盛持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU0444971666.USD":"天利全球科技基金","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-25/microsoft-alphabet-face-a-show-me-moment-after-meta-misfire?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2430140974","content_text":"Results from both companies will speak to AI demand and growthShares of Microsoft and Alphabet have outperformed in 2024Microsoft has been aggressive in implementing its Copilot AI assistant into its products.The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after Meta Platforms Inc. alarmed investors with its forecast.Both Microsoft Corp. and Alphabet Inc. are due to deliver what are seen as pivotal reports after the market close. Traders expect fresh insight into how broadly consumers and enterprises are adopting AI services — and what growth will look like from here. Scrutiny will be intense after Meta revealed it will spend billions more dollars than expected this year — triggering a stock selloff.More disappointment could put bears in charge of the near-term narrative. Microsoft and Alphabet — which have a combined market capitalization of $4.8 trillion and together comprise 9.4% of the S&P 500 Index — need to leap over high expectations to justify their rallies and validate the AI optimism fueling the market’s advance.“This is the show-me quarter for Microsoft and Alphabet in particular, but also AI broadly,” said Michael Arone, chief investment strategist at State Street Global Advisors. “Their prices are reflective of a perfect environment, and a modest beat won’t be enough this time. They need to show their ability to surpass even elevated expectations. That’s critical for the market to rebuild its momentum.”Microsoft fell 4.5% and Alphabet fell 5% on Thursday, pressured as Meta sank 15%.Besides stocks of firms like Nvidia Corp., which makes the chips used in AI processing, Microsoft and Alphabet are seen as the companies most likely to see a direct impact from AI in the near term. However, should they indicate that the tailwind is smaller, further out, or more expensive than bulls are hoping — as Meta seemed to — that could be as damaging for the stocks as missing expectations.“The prevailing question for investors remains ‘when does the Generative AI piece of the equation ramp more fully?’,” wrote Morgan Stanley analysts. “Investor patience for top-line results has worn thin.”Microsoft has been aggressive in implementing its Copilot AI assistant into its products, including Office and its GitHub coding platform. Last quarter, AI demand fueled growth in its Azure cloud-services business, and investors will want to see a repeat performance on that front. It is expected to deliver growth above 15% on both the top and bottom lines this time.Alphabet is facing more skepticism on the AI front. Its offerings have featured some high-profile missteps, and the integration of AI into Bing and other search engines means it is on the defensive in protecting Google’s dominant market share. While net earnings are expected to rise more than 30% this quarter, with revenue up almost 14%, any sign of disappointment could reinforce the narrative that it has fallen behind. The company’s past two reports have been met with sizable selloffs.This divergence is reflected in their valuations. Microsoft trades at 30 times estimated earnings, above its long-term history and at a premium to the Nasdaq 100 Index’s multiple of 24.4. Alphabet is cheaper, with a multiple below 21, although it is essentially even with its 10-year average, which could limit additional upside.“Investors have really paid up for Microsoft shares in particular. That suggests they’re really expecting it to deliver on the AI promise,” Arone said. “Alphabet has a lot it needs to prove” and investors “really want to see an AI lift.”Microsoft is up 4% this year while Alphabet is up 8%, outperforming the Nasdaq 100 Index. Overall, Wall Street remains extremely optimistic about both, with investors pointing to durable growth trends, strong balance sheets, and robust cash flow. Nearly 85% of the analysts tracked by Bloomberg recommend buying Alphabet, with a higher percentage bullish on Microsoft.“It’s possible prices have gotten ahead of themselves, but we’re very likely to get good earnings out of both companies,” said David Miller, chief investment officer at Catalyst Capital Advisors. “Interest rates are acting as something of a headwind, but I think the underlying tailwinds are strong enough to stay positive.”Meta shares fell 15% on Thursday, their biggest intraday percentage drop since October 2022. Investors are spooked by its weaker-than-expected sales forecast and higher capital expenditures, and in the past, big post-earnings selloffs have not been buying opportunities.Earnings Due ThursdayPremarketOSI SystemsComcastPostmarketAlphabetT-MobileSnapRokuMicrosoftIntelKLA CorpAtlassianFair IsaacWestern DigitalVeriSignJuniperAppfolioSPS CommerceRogers","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298548504375360,"gmtCreate":1713920334914,"gmtModify":1713923316768,"author":{"id":"4176995345412702","authorId":"4176995345412702","name":"Oratorio","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176995345412702","authorIdStr":"4176995345412702"},"themes":[],"htmlText":"From my standpoint it is good and we what's going on in this world.","listText":"From my standpoint it is good and we what's going on in this world.","text":"From my standpoint it is good and we what's going on in this world.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298548504375360","repostId":"1115372271","repostType":4,"repost":{"id":"1115372271","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":1713565800,"share":"https://ttm.financial/m/news/1115372271?lang=&edition=fundamental","pubTime":"2024-04-20 06:30","market":"us","language":"en","title":"Post-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%","url":"https://stock-news.laohu8.com/highlight/detail?id=1115372271","media":"Tiger Newspress","summary":"The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Fede","content":"<html><head></head><body><p>The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Federal Reserve would cut interest rates soon also dented sentiment.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 211.02 points, or 0.56%, to 37,986.40, the S&P 500 lost 43.89 points, or 0.88%, to 4,967.23 and the Nasdaq Composite lost 319.49 points, or 2.05%, to 15,282.01.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/01975dea2c3b690b833aab0bb99b4b2f\" tg-width=\"396\" tg-height=\"201\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>Netflix (NFLX)</strong> - Netflix reported better-than-expected earnings and smashed subscriber growth estimates in the first quarter but the streaming giant issued second-quarter revenue guidance of about $9.49 billion, below analysts’ forecasts of $9.53 billion. Netflix also said it planned to stop providing quarterly membership data and average revenue generated per member. The metric always has been the most closely watched for Netflix investors. The stock dropped 9.1%.</p><p style=\"text-align: start;\"><strong>Super Micro Computer (SMCI)</strong> - Super Micro Computer plunged 23.1% after the artificial-intelligence hardware company appeared to have decided not to pre-announce its earnings for the fiscal third quarter. In seven of the past eight quarters, according to reporter Eric Savitz of <em>Barron’s</em>, Super Micro issued a press release announcing preliminary results ahead of its routine earnings release, generally raising financial guidance.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia’s share price plunged by 10 per cent on Friday, helping to seal the worst run for US stock markets since October 2022, as investors shunned risky assets ahead of a flurry of Big Tech earnings next week.</p><p><strong>Tesla (TSLA)</strong> - Tesla dipped 1.9% after the National Highway Traffic Safety Administration disclosed a recall of 3,878 Cybertruck vehicles to fix a problem with the accelerator pedal. Tesla shares have declined every day this week. The electric-vehicle company is scheduled to report quarterly earnings next Tuesday.</p><p style=\"text-align: start;\"><strong>Paramount Global (PARA)</strong> - Paramount Global jumped 13.4% following a report from the New York Times that said Sony’s movie studio division was in talks with Apollo Global Management about joining a bid for Paramount. The report came after The Wall Street Journal said earlier this month that members of Paramount’s board and Skydance Media had agreed to start exclusive merger discussions.</p><p style=\"text-align: start;\"><strong>American Express (AXP)</strong> - American Express rose 6.2%. The credit card giant reported an increase in first-quarter profit and revenue as overall spending by Amex cardmembers, who tend to be more affluent, rose.</p><p style=\"text-align: start;\"><strong>Trump Media & Technology Group (DJT)</strong> - Trump Media & Technology Group rose 9.6%. Shares of the parent company of the Truth Social platform jumped 26% on Thursday, building on a gain Wednesday of 16%, and wiping out its losses for the week. CEO Devin Nunes, in a letter to the chair of the Nasdaq Stock Exchange dated Thursday, claimed that Trump Media stock could be the target of “naked” short selling, the illegal practice of short selling without actually borrowing the shares.</p><p><strong>Jabil (JBL)</strong> - Jabil, the electronics-manufacturing services company, disclosed in a filing that Chief Executive Kenny Wilson was going on paid leave pending an investigation “related to company policies.” Jabil didn’t specify what prompted the investigation but did say the “conduct that prompted this review does not relate to, and does not impact, the company’s financial statements or financial reporting.” Jabil declined 8.4%.</p><p style=\"text-align: start;\"><strong>SLB (SLB)</strong> - SLB, the world’s largest oil-services company, declined 2.1%. The firm reported first-quarter adjusted earnings of 75 cents a share, matching analysts’ estimates, while revenue of $8.71 billion, up 13% from a year earlier, topped forecasts.</p><p style=\"text-align: start;\"><strong>Procter & Gamble (PG)</strong> - Procter & Gamble reported fiscal third-quarter earnings that beat analysts’ estimates and raised its fiscal-year outlook. The stock, however, was up just 0.5% after revenue of $20.2 billion missed estimates of $20.44 billion.</p><p style=\"text-align: start;\"><strong>KB Home (KBH)</strong> - KB Home was up 1% after the home builder said its board authorized the repurchase of up to $1 billion in stock and boosted its quarterly dividend to 25 cents a share from 20 cents.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_2165660658\">Nvidia's Stock Plunge Leads "Magnificent Seven" to a Record Weekly Market-Cap Loss</h3><p>The decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which made for the group’s worst-ever weekly loss of market value.</p><p style=\"text-align: start;\">While Tesla Inc.’s stock was the biggest weekly percentage decliner of the gang from a stock perspective, Apple Inc., Microsoft Corp. and Nvidia Corp. were bigger contributors to the market-cap losses, as those latter three companies are all worth substantially more than the electric-car maker.</p><p>Nvidia was the biggest market-cap loser of the week, shedding almost $300 billion. That’s far more than the total market capitalization of rival Advanced Micro Devices Inc., which stands at $237 billion.</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>Post-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%</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\">\nPost-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%\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\">2024-04-20 06:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Federal Reserve would cut interest rates soon also dented sentiment.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 211.02 points, or 0.56%, to 37,986.40, the S&P 500 lost 43.89 points, or 0.88%, to 4,967.23 and the Nasdaq Composite lost 319.49 points, or 2.05%, to 15,282.01.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/01975dea2c3b690b833aab0bb99b4b2f\" tg-width=\"396\" tg-height=\"201\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>Netflix (NFLX)</strong> - Netflix reported better-than-expected earnings and smashed subscriber growth estimates in the first quarter but the streaming giant issued second-quarter revenue guidance of about $9.49 billion, below analysts’ forecasts of $9.53 billion. Netflix also said it planned to stop providing quarterly membership data and average revenue generated per member. The metric always has been the most closely watched for Netflix investors. The stock dropped 9.1%.</p><p style=\"text-align: start;\"><strong>Super Micro Computer (SMCI)</strong> - Super Micro Computer plunged 23.1% after the artificial-intelligence hardware company appeared to have decided not to pre-announce its earnings for the fiscal third quarter. In seven of the past eight quarters, according to reporter Eric Savitz of <em>Barron’s</em>, Super Micro issued a press release announcing preliminary results ahead of its routine earnings release, generally raising financial guidance.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia’s share price plunged by 10 per cent on Friday, helping to seal the worst run for US stock markets since October 2022, as investors shunned risky assets ahead of a flurry of Big Tech earnings next week.</p><p><strong>Tesla (TSLA)</strong> - Tesla dipped 1.9% after the National Highway Traffic Safety Administration disclosed a recall of 3,878 Cybertruck vehicles to fix a problem with the accelerator pedal. Tesla shares have declined every day this week. The electric-vehicle company is scheduled to report quarterly earnings next Tuesday.</p><p style=\"text-align: start;\"><strong>Paramount Global (PARA)</strong> - Paramount Global jumped 13.4% following a report from the New York Times that said Sony’s movie studio division was in talks with Apollo Global Management about joining a bid for Paramount. The report came after The Wall Street Journal said earlier this month that members of Paramount’s board and Skydance Media had agreed to start exclusive merger discussions.</p><p style=\"text-align: start;\"><strong>American Express (AXP)</strong> - American Express rose 6.2%. The credit card giant reported an increase in first-quarter profit and revenue as overall spending by Amex cardmembers, who tend to be more affluent, rose.</p><p style=\"text-align: start;\"><strong>Trump Media & Technology Group (DJT)</strong> - Trump Media & Technology Group rose 9.6%. Shares of the parent company of the Truth Social platform jumped 26% on Thursday, building on a gain Wednesday of 16%, and wiping out its losses for the week. CEO Devin Nunes, in a letter to the chair of the Nasdaq Stock Exchange dated Thursday, claimed that Trump Media stock could be the target of “naked” short selling, the illegal practice of short selling without actually borrowing the shares.</p><p><strong>Jabil (JBL)</strong> - Jabil, the electronics-manufacturing services company, disclosed in a filing that Chief Executive Kenny Wilson was going on paid leave pending an investigation “related to company policies.” Jabil didn’t specify what prompted the investigation but did say the “conduct that prompted this review does not relate to, and does not impact, the company’s financial statements or financial reporting.” Jabil declined 8.4%.</p><p style=\"text-align: start;\"><strong>SLB (SLB)</strong> - SLB, the world’s largest oil-services company, declined 2.1%. The firm reported first-quarter adjusted earnings of 75 cents a share, matching analysts’ estimates, while revenue of $8.71 billion, up 13% from a year earlier, topped forecasts.</p><p style=\"text-align: start;\"><strong>Procter & Gamble (PG)</strong> - Procter & Gamble reported fiscal third-quarter earnings that beat analysts’ estimates and raised its fiscal-year outlook. The stock, however, was up just 0.5% after revenue of $20.2 billion missed estimates of $20.44 billion.</p><p style=\"text-align: start;\"><strong>KB Home (KBH)</strong> - KB Home was up 1% after the home builder said its board authorized the repurchase of up to $1 billion in stock and boosted its quarterly dividend to 25 cents a share from 20 cents.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_2165660658\">Nvidia's Stock Plunge Leads "Magnificent Seven" to a Record Weekly Market-Cap Loss</h3><p>The decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which made for the group’s worst-ever weekly loss of market value.</p><p style=\"text-align: start;\">While Tesla Inc.’s stock was the biggest weekly percentage decliner of the gang from a stock perspective, Apple Inc., Microsoft Corp. and Nvidia Corp. were bigger contributors to the market-cap losses, as those latter three companies are all worth substantially more than the electric-car maker.</p><p>Nvidia was the biggest market-cap loser of the week, shedding almost $300 billion. That’s far more than the total market capitalization of rival Advanced Micro Devices Inc., which stands at $237 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SLB":"斯伦贝谢","TSLA":"特斯拉",".SPX":"S&P 500 Index",".DJI":"道琼斯","KBH":"KB Home","SMCI":"超微电脑",".IXIC":"NASDAQ Composite","AXP":"美国运通","PG":"宝洁","NVDA":"英伟达","DJT":"特朗普媒体科技集团","JBL":"捷普科技","NFLX":"奈飞","PARA":"Paramount Global"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115372271","content_text":"The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Federal Reserve would cut interest rates soon also dented sentiment.Market SnapshotThe Dow Jones Industrial Average rose 211.02 points, or 0.56%, to 37,986.40, the S&P 500 lost 43.89 points, or 0.88%, to 4,967.23 and the Nasdaq Composite lost 319.49 points, or 2.05%, to 15,282.01.Market MoversNetflix (NFLX) - Netflix reported better-than-expected earnings and smashed subscriber growth estimates in the first quarter but the streaming giant issued second-quarter revenue guidance of about $9.49 billion, below analysts’ forecasts of $9.53 billion. Netflix also said it planned to stop providing quarterly membership data and average revenue generated per member. The metric always has been the most closely watched for Netflix investors. The stock dropped 9.1%.Super Micro Computer (SMCI) - Super Micro Computer plunged 23.1% after the artificial-intelligence hardware company appeared to have decided not to pre-announce its earnings for the fiscal third quarter. In seven of the past eight quarters, according to reporter Eric Savitz of Barron’s, Super Micro issued a press release announcing preliminary results ahead of its routine earnings release, generally raising financial guidance.Nvidia (NVDA) - Nvidia’s share price plunged by 10 per cent on Friday, helping to seal the worst run for US stock markets since October 2022, as investors shunned risky assets ahead of a flurry of Big Tech earnings next week.Tesla (TSLA) - Tesla dipped 1.9% after the National Highway Traffic Safety Administration disclosed a recall of 3,878 Cybertruck vehicles to fix a problem with the accelerator pedal. Tesla shares have declined every day this week. The electric-vehicle company is scheduled to report quarterly earnings next Tuesday.Paramount Global (PARA) - Paramount Global jumped 13.4% following a report from the New York Times that said Sony’s movie studio division was in talks with Apollo Global Management about joining a bid for Paramount. The report came after The Wall Street Journal said earlier this month that members of Paramount’s board and Skydance Media had agreed to start exclusive merger discussions.American Express (AXP) - American Express rose 6.2%. The credit card giant reported an increase in first-quarter profit and revenue as overall spending by Amex cardmembers, who tend to be more affluent, rose.Trump Media & Technology Group (DJT) - Trump Media & Technology Group rose 9.6%. Shares of the parent company of the Truth Social platform jumped 26% on Thursday, building on a gain Wednesday of 16%, and wiping out its losses for the week. CEO Devin Nunes, in a letter to the chair of the Nasdaq Stock Exchange dated Thursday, claimed that Trump Media stock could be the target of “naked” short selling, the illegal practice of short selling without actually borrowing the shares.Jabil (JBL) - Jabil, the electronics-manufacturing services company, disclosed in a filing that Chief Executive Kenny Wilson was going on paid leave pending an investigation “related to company policies.” Jabil didn’t specify what prompted the investigation but did say the “conduct that prompted this review does not relate to, and does not impact, the company’s financial statements or financial reporting.” Jabil declined 8.4%.SLB (SLB) - SLB, the world’s largest oil-services company, declined 2.1%. The firm reported first-quarter adjusted earnings of 75 cents a share, matching analysts’ estimates, while revenue of $8.71 billion, up 13% from a year earlier, topped forecasts.Procter & Gamble (PG) - Procter & Gamble reported fiscal third-quarter earnings that beat analysts’ estimates and raised its fiscal-year outlook. The stock, however, was up just 0.5% after revenue of $20.2 billion missed estimates of $20.44 billion.KB Home (KBH) - KB Home was up 1% after the home builder said its board authorized the repurchase of up to $1 billion in stock and boosted its quarterly dividend to 25 cents a share from 20 cents.Market NewsNvidia's Stock Plunge Leads \"Magnificent Seven\" to a Record Weekly Market-Cap LossThe decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which made for the group’s worst-ever weekly loss of market value.While Tesla Inc.’s stock was the biggest weekly percentage decliner of the gang from a stock perspective, Apple Inc., Microsoft Corp. and Nvidia Corp. were bigger contributors to the market-cap losses, as those latter three companies are all worth substantially more than the electric-car maker.Nvidia was the biggest market-cap loser of the week, shedding almost $300 billion. That’s far more than the total market capitalization of rival Advanced Micro Devices Inc., which stands at $237 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":299137941307544,"gmtCreate":1714057951203,"gmtModify":1714058926213,"author":{"id":"4176995345412702","authorId":"4176995345412702","name":"Oratorio","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176995345412702","authorIdStr":"4176995345412702"},"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":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299137941307544","repostId":"2430140974","repostType":2,"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298548504375360,"gmtCreate":1713920334914,"gmtModify":1713923316768,"author":{"id":"4176995345412702","authorId":"4176995345412702","name":"Oratorio","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176995345412702","authorIdStr":"4176995345412702"},"themes":[],"htmlText":"From my standpoint it is good and we what's going on in this world.","listText":"From my standpoint it is good and we what's going on in this world.","text":"From my standpoint it is good and we what's going on in this world.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298548504375360","repostId":"1115372271","repostType":4,"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
