US stocks had mixed ups and downs on Monday. The Nasdaq index continued to reach new all-time highs, and the Dow Jones Industrial Average weakened.
Individual stock trends
GOOG: Google's parent company Alphabet released its second fiscal quarter report. Quarterly revenue was better than expected, and revenue without considering exchange rate factors increased 23% year over year. The company's main revenue comes from advertising revenue on platforms such as Youtube. The number of ad clicks increased by 52% compared to the same period last year, yet the revenue generated per click (CPC) fell 23%, and the decline was far higher than market expectations. In terms of net profit, it was affected by a huge fine of 2.74 billion US dollars imposed on the company by EU antitrust regulators. Earnings per share under GAAP principles are $5.01, with market expectations of $4.45, a year-on-year decrease of 29%; under non-GAAP principles, earnings per share are $8.90, with an estimated $8.36 per share, excluding EU sky-high fines.
HAS: Hasbro is down 9.4%. Hasbro's quarterly profit and revenue were better than expected, but this was mainly due to strong sales of its Nerf and Metamorphic Toys rather than the strength of its overall business, and the gap between revenue and expectations in the second quarter hit a new low in more than a year and a half.
APRN: Food distributor Blue Apron rose 13.1%. Goldman Sachs and RBC both raised the ratings of Blue Apron due to the expectation that Blue Apron will maintain its leading position in the fierce market competition environment.
DB: Deutsche Bank rose 2.5%. Deutsche Bank is considering moving $350 billion of assets from London to Frankfurt. This action will begin in September 2018 and be completed in March 2019.
HAL: Dubai-based oil service company Halliburton fell 4.2%. Benefiting from increased demand in the North American market, Halliburton's quarterly profit and revenue were better than expected, yet the average sand consumption per well declined for the first time in the second quarter.
China Securities
BABA: Up 0.24%. According to Bloomberg, Alibaba is in talks to buy shares in Tokopedia and is considering entering the Indonesian market, the largest economy in Southeast Asia, through investment in the latter. Earlier, there were media reports that negotiations between JD and Tokopedia are in the early stages, and the company is considering investing hundreds of millions of dollars in Indonesia's largest online market.
The top ten in the rise and fall rate of China Securities
