US stock outlook | The three major indices rose sharply, and Novavax Pharmaceuticals soared more than 110% before the market; Federal Reserve Bostic: The timing is uncertain, but interest rate cuts will still begin this year
Global funding preferences are changing! The popularity of tech giants subsided, and utility stocks were promoted to the “C position” of US stocks; demand for AI was strong, and TSMC's sales in April increased nearly 60% year over year.
Tencent Music Ent Price Target Raised to $15.00/Share From $13.00 by Mizuho
Tencent Music Ent Price Target Raised to $15.00/Share From $13.00 by Mizuho
Tencent Music Ent Is Maintained at Buy by Mizuho
Tencent Music Ent Is Maintained at Buy by Mizuho
Mizuho Bank: Maintaining the Tencent Music (TME.US) rating, adjusted from buy to buy rating, and adjusted the target price from $13.00 to $15.00.
Mizuho Bank: Maintaining the Tencent Music (TME.US) rating, adjusted from buy to buy rating, and adjusted the target price from $13.00 to $15.00.
Mizuho Maintains Buy on Tencent Music Enter Gr, Raises Price Target to $15
Mizuho analyst Wei Fang maintains Tencent Music Enter Gr (NYSE:TME) with a Buy and raises the price target from $13 to $15.
Tencent Music Enter Gr Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/10/2024 12.11% Mizuho $13 → $15 Maintains Buy 03/20/2024 0.9% Morgan Stanley $11 → $13.5 Maintains Over
Futu Morning Post | Federal Reserve Voting Committee: Uncertainty about the inflation outlook is increasing; new news about Apple's AI strategy
Roblox, the “first stock in the metaverse,” plummeted by more than 22%, lowering full-year reservation expectations; Airbnb fell nearly 7%, and the Q2 revenue outlook fell short of expectations; the “Nvidia concept stock” SoundHound AI surged more than 15% after the market, and the Q1 earnings report exceeded expectations.
Early trading of US stocks | S&P and NASDAQ fell slightly, chip stocks weakened, ARM fell more than 6%, Nvidia fell more than 2%, and China's securities surged more than 110%
On the evening of the 9th Beijing time, US stocks opened with mixed ups and downs on Thursday. The market continues to pay attention to the latest US stock earnings report and the prospects for the Federal Reserve to cut interest rates. The number of jobless claims in the US at the beginning of last week hit a new high since August 2023.
US stock outlook | Bank of America: S&P 500 surges in election year or summer; Arm falls nearly 9% before the market
Are US stocks bullish the more you “buy” them? The wave of US stock buybacks has soared to a six-year high; chip recovery is spreading, and Nomura judged that the global semiconductor industry will enter an upward cycle.
US Stock Outlook | The wave of US buybacks may save the trend of US stocks; Goldman Sachs says Nvidia can rise another 22%
Tesla dropped nearly 4% before the market, and prosecutors are investigating its fraud in autonomous driving; iPhone shipments soared 12% in March as the sales season began.
Earnings Preview: TME to Report Financial Results Pre-market on May 13
$Tencent Music(TME.US)$ is scheduled to release its financial results pre-market on May 13. Earnings PreviewAnalysts estimate $Tencent Music(TME.US)$ to post revenue of CNY6.57 billion for 2024Q1, dow
Hong Kong Stock Focus: After the big rebound, is Hang Seng Technology expensive? How about the upcoming quarterly report?
Morgan Stanley pointed out that the current forward price-earnings ratio of the Hengke Index is 13 times, which is the same as the average for the fourth quarter of 2023, and lower than the peak of 20 times in the first three quarters of 2023 and the first quarter of 2023.
US stocks close | Tech stocks support US stocks! The NASDAQ rose more than 1%, S&P recorded the biggest three-day increase in nearly half a year, and Nvidia rose nearly 4%
US bond yields broke away from a three-week low, and two-year yields rose for the first time in four days. The US dollar index stopped falling three times in a row and broke out of its low level for more than three weeks.
At US$13.50, Is It Time To Put Tencent Music Entertainment Group (NYSE:TME) On Your Watch List?
Early trading of US stocks | NASDAQ rose nearly 1%, Micron Technology rose more than 3%, Tesla rose more than 2%, and Ideal Auto rose nearly 7%
US stocks opened higher on Monday, and major stock indexes continued their strong gains from the previous trading day. The April non-farm payrolls data rekindled hopes that the Fed would cut interest rates. On Monday, the market paid attention to US stock earnings reports and Federal Reserve official speeches.
US Stock Preview | The US stock earnings season is coming to an end! Nearly 80% of the company's performance exceeded expectations
Trump: A “strong dollar” will cause the US economy to “go to hell”; Damo: Inflation is the key to the trend of US stocks, focusing on high-quality cyclical stocks and growth stocks.
US Stock Nuggets | China Securities performed brilliantly! Ctrip and Tencent Music both rose nearly 50% in two years; used car dealer Carvana was frequently favored by major banks after performance, and the stock price hit a new high in nearly two years
The “May Day” travel market continues to be strong! Ctrip has risen more than 10% in a row, and has risen by nearly 50% this year; financial reports have exceeded expectations. After soaring 33% last Thursday, the used car trading platform Carvana continued to rise 4.44% on Friday. The latest market value was US$14.2 billion, and the stock price hit a new high of nearly two years; since October last year, Tencent Music's stock price has risen continuously for 8 months, and the stock price has risen by about 50% this year.
Chinese assets explode! The Hang Seng Index has risen ten times in a row, and China's Golden Dragon Index has been rising nearly 15% in two weeks. What do you think of the future market?
More and more global capital is looking at Chinese assets.
Shares of US-listed Chinese Stocks Are Trading Higher, Possibly Amid the Labor Day Golden Week.
Shares of US-listed Chinese Stocks Are Trading Higher, Possibly Amid the Labor Day Golden Week.
US Stocks Close | Inflation Concerns Reignited! The NASDAQ fell more than 2%, and Tesla fell more than 5%
Lilly's earnings rose nearly 6% after the market, Amazon rose 6% after the market, AMD fell more than 6% after the market, and the ultra-micro computer fell nearly 10% after the market; the China Index fell more than 3%, stopping six consecutive gains.
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