Editor's note: "US Stock Gold Mining" Keep up with daily market trends, insight, and consolidate hot and outstanding stocks, providing multi-dimensional investment opportunities for Mooer and helping them grasp investment opportunities with one chart! Focus on: 1. Performance and stock prices take off! Global fast fashion giant $Gap Inc (GPS.US)$ soared nearly 29% after its performance, reaching a new high for the year. Gap announced its first fiscal 2023 first-quarter results, with net sales of $3.4 billion, exceeding analysts' expectations of $3.28 billion, and earnings per share of $0.41, with overall comparable sales growth of 3%, better than expected 0.91%. In addition, the gross profit margin for the quarter reached 41.2%, higher than analysts' forecast of 38.5%. Its subsidiary brand Old Navy's same-store sales grew by 3%, exceeding market expectations of 2.5%. Based on this, Gap raised its sales and operating profit outlook for the year. Baird has recently raised its target share price for Gap from $23 to $28, and Goldman Sachs has raised its target share price for Gap from $20 to $27. 2. US electric power stocks collectively agitated! The largest wind and solar power generator developer in the United States $NextEra Energy (NEE.US)$, the fourth largest power plant in the United States $Southern Company (SO.US)$, the power and natural gas company $CenterPoint Energy (CNP.US)$, and the electrical production and transmission company $Edison International (EIX.US)$ have all reached new highs for the year. On the news front, as AI technology often requires a lot of energy to develop and operate, utility stocks are becoming a new opportunity for investors. 3. Low-key AI beneficiaries! Data storage giantThis week's bullish stocks in Hong Kong and the US stock markets.This section closely follows market trends every week, reviews the weekly performance of the Hong Kong and US stock markets, and helps mooers sort out the hot sectors, strong individual stocks, and major news of the week, looking for investment themes with profit potential.
This week, the three major US stock indexes have seen a gradual slowdown in the rise, but still have recorded gains. As of Thursday, the cumulative increase was 1.41%, closing at 39,134.76 points; during the same period, the cumulative increase was 0.77%, closing at 5,473.17 points; during the same period, the cumulative increase was 0.18%, closing at 17,721.59 points. It is worth noting that this Friday is the "triple witching day" in the US stock market. The record-sized options will expire, which may bring short-term volatility to the market.$Dow Jones Industrial Average (.DJI.US)$Accumulated increase of 1.41%, closing at 39,134.76 points;$S&P 500 Index (.SPX.US)$Accumulated increase of 0.77%, closing at 5,473.17 points;$Nasdaq Composite Index (.IXIC.US)$Accumulated increase of 0.18%, closing at 17,721.59 points. It is worth noting that this Friday is the "triple witching day" in the US stock market. The record-sized options will expire, which may bring short-term volatility to the market.
Specifically, the European Cup is in full swing, and the Paris Olympics is about to begin. The sports betting platform DraftKings has risen more than 10% this week and has soared more than 22% since June. Followed closely by the Flutter Entertainment, which rose nearly 7% this week. The European Football Championship will kick off in Germany on June 14, ushering in the grand summer of major sporting events in Europe. In addition, the Paris Olympics will open on July 26, significantly boosting various fields in the sports industry.$DraftKings (DKNG.US)$In addition, the US Supreme court refused to hear the petition in the Florida sports betting case, allowing the agreement for online sports betting in Florida to remain valid. This news is also bullish for DraftKings stock. Needham maintains a buy rating on DraftKings with a target price of $60; and Goldman Sachs maintains a buy rating on Flutter Entertainment with a target price of $254.94.$Flutter Entertainment (FLUT.US)$Another skyrocket again! By becoming the supplier of Musk's xAI company's supercomputer, Super Micro Computer and Dell Technologies both surged this week. xAI, a new force in the generative AI field founded and led by CEO Musk, will build its "artificial intelligence supercomputing system" with Dell and Super Micro Computer.
The AI wave is sweeping the world, and Dell and Super Micro Computer, which are deeply bound in the AI ecosystem, can be called big winners. Dell Technologies has repeatedly hit new highs this year, with a whopping 96% increase this year; Super Micro Computer was included in the S&P 500 index this year, with an astonishing increase of 220% this year, far exceeding the 170% increase of Nvidia. In addition, several stocks in the AI ecosystem still performed well this week, with software manufacturers up more than 8%, technology and electronic components manufacturers up more than 7%; electronic component manufacturers up nearly 7%.
BlackRock said that in the next 6 to 12 months, the winners in the AI field will drive investment returns, so it will continue to maintain a view of overweight opportunities in the technology field and AI theme. The rising trend of artificial intelligence is supported by corporate profits and still has room for growth in the future. At present, there is no bubble in the field of artificial intelligence, and large technology companies have strong profitability, which is completely different from the situation of those companies that caused the Internet bubble.
Another skyrocket again!$Dell Technologies (DELL.US)$, $Super Micro Computer (SMCI.US)$By becoming the supplier of Musk's xAI company's supercomputer, Super Micro Computer and Dell Technologies both surged this week.
$Tesla (TSLA.US)$xAI, a new force in the generative AI field founded and led by CEO Musk, will build its "artificial intelligence supercomputing system" with Dell and Super Micro Computer.
The AI wave is sweeping the world, and Dell and Super Micro Computer, which are deeply bound in the AI ecosystem, can be called big winners.$NVIDIA (NVDA.US)$Dell Technologies has repeatedly hit new highs this year, with a whopping 96% increase this year; Super Micro Computer was included in the S&P 500 index this year, with an astonishing increase of 220% this year, far exceeding the 170% increase of Nvidia.
In addition, several stocks in the AI ecosystem still performed well this week, with software manufacturers up more than 8%,$Palantir (PLTR.US)$technology and electronic components manufacturers up more than 7%;$Autodesk (ADSK.US)$electronic component manufacturers up nearly 7%.$Corning (GLW.US)$Electronic component producer, KEMET, rose nearly 7% this week.
BlackRock said that in the next 6 to 12 months, the winners in the AI field will drive investment returns, so it will continue to maintain a view of overweight opportunities in the technology field and AI theme. The rising trend of artificial intelligence is supported by corporate profits and still has room for growth in the future. At present, there is no bubble in the field of artificial intelligence, and large technology companies have strong profitability, which is completely different from the situation of those companies that caused the Internet bubble.
On the other hand, the following stocks performed weakly this week:
Editor/Emily