Global macroscopic
Before the Thursday market, the three major futures indices fell slightly
The revised month-on-month discount rate of the US GDP for the first quarter after seasonal adjustment is 1.3%. The estimate is 1.3%, and the initial value is 1.6%. The number of people claiming unemployment benefits for the first time in the US last week was 219,000. The estimated number was 217,000, compared to the previous value of 215,000. As of press release, the decline in the three major indices has narrowed.
The Federal Reserve's “hawkish voting committee”: Many inflation indicators are returning to the target range and are expected to return to normal next year
The Federal Reserve's “hawkish ticket committee” and Atlanta Federal Reserve Bank President Bostic said he expects the “explosive” price pressure experienced during the COVID-19 pandemic to return to normal levels next year. He said that slowing inflation will help him gain the confidence he needs to make a decision to cut interest rates. Currently, we have seen many different inflation indicators return to the target range.
Where will US stocks go in June? Well-known analyst: There are five major catalysts, and it can still increase by 4%!
The US investment agency Fundstrat Global Advisors predicts that after rising nearly 5% in May, the US stock market is expected to rise another 4% in June. According to the above report, the first catalyst was seasonal factors favorable to the bulls; the second catalyst was that inflation continued to cool down; the third catalyst was that investors' leverage ratio was still low; the fourth catalyst was a record $6 trillion in “cash on the market”; and the fifth catalyst that drove the stock market higher in June was steady corporate earnings.
American Electric Power Research Institute: Data center electricity consumption will double by 2030
According to the American Electric Power Research Institute, as major technology companies invest in expanding computing centers, the electricity consumption of data centers may double by the end of 2030, accounting for 9% of the total electricity generation in the US.
The supply shock was once again evident, and the cost of shipping containers exceeded 10,000 US dollars
As the Red Sea continues to be in turmoil over the past five months, the container shipping industry is making every effort to cope with rising freight demand from the US and Europe, and capacity is getting tighter. Typical shipping prices range from $6000 to $6,500, while premium services are close to $10,000.
Hot news
Star tech stocks generally fell before the Thursday market
C3.ai rose nearly 11% in the premarket, with performance and guidance exceeding expectations
Artificial intelligence software provider$C3.ai (AI.US)$The pre-market increase was nearly 11%. The company's revenue for the fourth fiscal quarter was 86.6 million US dollars, exceeding analysts' expectations of 84.4 million US dollars. Revenue growth expectations were raised. Revenue for the 2025 fiscal year is expected to be 370 million to 395 million US dollars, and analysts expect 367.5 million US dollars.
HP rose more than 4% before the market. The second-quarter results were better than expected, and the full-year EPS guidance was raised
$HP Inc (HPQ.US)$US stocks rose more than 4% in the premarket. The company's net revenue for the second fiscal quarter was US$12.8 billion, and analysts expected US$12.6 billion. The adjusted EPS for the whole year is expected to be $3.30-$3.60, and the company originally expected $3.25-3.65. Additionally, the adjusted EPS for the fiscal third quarter is expected to be $0.78-0.92, and analysts expect $0.85.
Pure Storage rose more than 7% before the market, Q1 revenue growth exceeded expectations, and losses narrowed year-on-year
American Storage Services, Inc.$Pure Storage (PSTG.US)$US stocks rose more than 7% in the premarket. The stock's revenue in the first quarter increased 18% to US$693.5 million, exceeding analysts' expectations of US$681 million; a loss of US$35 million, or 11 cents per share, compared with a loss of US$67.4 million in the same period last year, or 22 cents per share.
Moderna is up more than 4% ahead of the market, and the US government is close to reaching an agreement to fund its avian influenza vaccine trials
$Moderna (MRNA.US)$US stocks rose more than 4% in the premarket. According to the news, according to the British Financial Times, citing people familiar with the matter, the US government is about to reach an agreement to fund late-stage testing of the Modena vaccine. It is hoped that the H5N1 epidemic will be strengthened as the H5N1 epidemic spreads through egg farms and herds. According to reports, federal funding from the Biomedical Advanced Research and Development Administration of the US Department of Health and Human Services may be disbursed as early as next month.
Safran fell by more than 15% before the market, dragging down other software stocks such as Oracle
Cloud computing service giant$Salesforce (CRM.US)$A sharp drop of more than 15% before the market, dragged down other software stocks.$ServiceNow (NOW.US)$It fell more than 3%,$SAP SE (SAP.US)$It fell nearly 3%,$Oracle (ORCL.US)$It fell more than 2%,$Adobe (ADBE.US)$It fell nearly 2%. According to the news, Saifushi announced first-quarter results. Analysis indicates that its revenue fell short of expectations for the first time since 2006. Furthermore, the company's second-quarter guidance also fell short of expectations. The company also said that companies are in strong demand for artificial intelligence, but their purchasing behavior is still cautious due to tight budgets.
UiPath plummeted more than 29% before the market, lowered revenue guidelines for FY2025 and re-appointed co-founder as CEO
enterprise automation software company$UiPath (PATH.US)$US stocks plummeted more than 29% before the market. The company's first-quarter revenue was US$335.1 million, and analysts expected US$333.2 million; adjusted earnings per share were $0.13, and analysts expected $0.12. The company lowered its revenue guidance for fiscal year 2025. Currently, it is expected to be between $1,405 billion and $1.41 billion, compared to the previous forecast of $1,555 billion to $1.56 billion. Additionally, UiPath said that co-founder and former CEO Daniel Dines will be re-appointed as CEO effective June 1.
Focus on China Securities
Most of the popular Chinese securities stocks fell before the market
Top 20 pre-market turnover of US stocks
US Stock Macro Calendar Reminder
(The following are all Beijing time)
Number of jobless claims in the US at 20:30 to the beginning of the week of May 25
20:30 Revised real GDP annualized quarterly rate for the first quarter of the US
The next day
00:05 FOMC Permanent Voting Committee and New York Federal Reserve Chairman Williams delivered a speech at the New York Economic Club
05:00 2026 FOMC Voting Committee and Dallas Federal Reserve Chairman Logan delivered a speech
06:15 2024 FOMC Voting Committee and Atlanta Federal Reserve Chairman Bostic delivered speeches
Editor/Somer