Futu Morning News | Strong upward trend! The S&P 500 index is called by institutions to reach 6000 points; "Hawkish" still exists! Federal Reserve officials: Whether to reduce interest rates still depends on several more data.
Microsoft, Nvidia and Nasdaq continue to refresh their highs, while the S&P index's bullish trend takes a pause; Adobe soared over 14%, and its target price was raised by several major banks after its earnings report; The first batch of generative AI application companies went public, and the "medical diagnosis" Tempus AI rose nearly 9% on its first day of trading.
Preview of the Week: Several officials from the Federal Reserve will appear with “terrifying data”! US stock market closed on Wednesday for a day.
China's June LPR is about to be released; the National Bureau of Statistics will publish multiple economic data; the initial jobless claims in the United States for the week will be announced soon.
Weekend reading: The latest interview with the founder of Fundsmith, known as the 'British Buffett': Quality is more important than valuation, only excellent companies can continue to provide returns.
If you are not confused by what is happening, then you have not understood it.
U.S. Stock Market Preview | Wall Street "disbelieves" the Federal Reserve! Betting on two interest rate cuts this year; Q2 performance is impressive, adobe jumped more than 14% before the market.
Morgan Stanley predicts that the US stock market will continue to surge in the second half of the year. Elon Musk has conceived the most ambitious plan ever: Siasun Robot&Automation will bring huge profits, and it's market cap may reach ten apples.
Daily Options Tracking | High options volume for Nvidia! Multiple call options earn about double the option premium; Tesla call options are being snapped up.
In three days, Apple's market cap increased by more than 300 billion US dollars, surpassing Microsoft to regain the top spot in the world. The overnight options trading volume for the stock reached 2.41 million contracts, with a call option ratio of 64%. Yesterday, big players were competing to buy Apple's call options expiring on July 19th.
This week's US market bull stocks | Broadcom rose more than 19% this week, Arm rose nearly 16%; Arista has risen more than 40% this year.
Oracle has seen its biggest single-day surge since the beginning of 2021, jumping more than 13% overnight and accumulating over 11% gains throughout the week.
After CPI and PPI cooled down together, Wall Street is betting that PCE will also weaken. Cutting interest rates twice this year is becoming a consensus.
Unexpected drops in CPI and PPI data greatly boosted Wall Street's optimism. Some analysts suggest that the forecasts released by the Federal Reserve on Wednesday local time may already be outdated.
Futu Morning Post | Apple overtakes Microsoft and regains first place in global market capitalization; Adobe surged more than 15% after the market
Tesla shareholders support Musk's $56 billion compensation plan and relocation to Texas; Broadcom rose more than 12%! Bank of America bullish on entering the trillion-dollar club, raising its target price to $2,000 for it.
US stock market preview: US May PPI lower than expected, three major futures indices slightly up; Tesla soared nearly 8% before the market, Musk's $56 billion salary approved.
Can the Fed's dot plot be fully trusted? The door to a rate cut in September has not been closed yet. Nvidia rose more than 3% before market opening, and its share of the global discrete graphics card market rose to 88% in the first quarter.
Golden moments in the US stock market: Chip giants reach new heights! Nvidia has risen over 150% this year, and Taiwan Semiconductor's market cap has surpassed Berkshire Hathaway.
Apple rose more than 6% at one point yesterday, ultimately closing up nearly 3% to set a new historical high. It briefly topped the market cap of US stocks during trading.
Daily Options Tracking | Tesla rose more than 6% in pre-market trading, with big players selling put options betting on the rise; Apple's one call option earned a profit of three times the investment, and options trading increased by 400%!
Gamestop's overnight option trading volume was 1.21 million lots, an increase of nearly 60% compared to the daily average trading volume. The call ratio dropped to 63%. It is worth noting that the call with a maturity date of June 21 and a strike price of $20 held by 'Roaring Little Cat' ranked first in trading volume with 93,000 lots traded and about 170,000 lots of open positions.
Futu Morning Post | CPI cools down but still slashes interest rate expectations! The Fed continues to hold steady, and it is expected to only cut interest rates once this year.
S&P and Nasdaq both hit new highs for three consecutive days, with Microsoft, Apple, and Nvidia all hitting historic highs; up more than 14% after hours! Broadcom announces a 1-for-10 stock split, exceeds expectations for Q2 earnings, and raises its performance guidance; Taiwan Semiconductor rose more than 4%, surpassing Berkshire Hathaway in total market value and becoming the 7th largest listed company in the US stock market.
US stock market morning session: Three major indexes opened high and went higher, with Nasdaq up nearly 2%! Nvidia and Apple both rose by about 3%, while Oracle soared more than 12%.
On the evening of the 12th, the three major indexes of US stocks opened high and went up. The May CPI of usa fell to a three-year low, showing that inflation is rapidly cooling down, making the probability of the Federal Reserve cutting interest rates in September greatly increased. Investors are waiting for the Fed's interest rate decision and the news conference of Fed Chairman Powell.
US stock market preview | US May CPI below expectations! Three major futures indexes straight up, Nasdaq futures up nearly 1%; the market awaits the Fed meeting and Powell's speech.
Bank of America: Clients' first net buy of US stocks in six weeks, with individual investors and hedge funds leading the way; Taiwan Semiconductor rose more than 3% before the market opened and received an target price increase from Bank of America to $180.
US stocks dig gold | Apple enters a technical bull market; Gamestop rebounds by nearly 23% and announces completion of the stock issuance.
Broadcom hits a new high overnight, with a cumulative increase of more than 30% this year. The second quarter report will be released after the market on June 12 (U.S. Eastern Time); "Buy now, pay later" loan service Affirm soared more than 11% overnight, and the service will be embedded in Apple Pay.
Daily rights tracking | Apple options transactions soared 3 times, and one-call orders skyrocketed 6200%; GameStation and AMC bullish options transactions are hot
Oracle released its earnings report after market hours yesterday, and as of publication, the stock price has risen nearly 9% before market opening. The volume of options for the stock has significantly increased to 260,000 contracts, nearly 4 times the daily average. In the options chain, investors sold a large amount of put options and bought call options at a price of $124.61.
Futu Morning Post | NASDAQ and S&P hit new highs, Apple violently pulls up more than 7%; CPI and the Federal Reserve will take turns bombing
JPMorgan: Robotaxi is unlikely to generate substantial revenue in the next few years; Stock price rose more than 11%! American version of Huabei, Affirm service, will be embedded in Apple Pay; After-hours trading, Oracle's stock price rose more than 9%, OpenAI chose Oracle cloud computing service to expand Microsoft Azure platform.
Apple's AI move is submitted, Elon Musk sharply criticizes, how to look at the future market?
After experiencing failures in car development, the market is eager to know whether Apple can make a comeback in the AI process?
US stock market outlook: The "New Fed News Agency" will provide clues before the meeting! The dot plot will be a new game changer in the market. Bitcoin fell below the key support level of 67,000, and concept stocks fell across the board before the market
Before the opening on Tuesday, the three major futures indexes collectively fell; Apple finally released its AI strategy, but Wall Street remained relatively indifferent without too many surprises; Eli Lilly and Co continued to rise in pre-market trading, up more than 2% and approaching a new high, as its Alzheimer's drug was recommended by the FDA advisory committee.
US Stocks Golden | The semiconductor sector continues to rise! Micron, Broadcom, and Taiwan Semiconductor all hit new highs, while KLA Corp and Applied Materials have both increased by 40% this year.
CrowdStrike, a cybersecurity software development company, rose more than 7% and private equity firm KKR & Co rose more than 11%, both setting historic highs, and may be included in the S&P 500 index.