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 giantToday's weather is good Today's weather is good.Please use your Futubull account to access the feature.
Key focus.
The "2 trillion market value club" welcomes a new member! $Amazon (AMZN.US)$Rose nearly 4% overnight to a historic high, with a cumulative rebound of over 60% since last October's low.
According to reports, Amazon has revealed plans to establish a discount store sector that allows Chinese sellers to ship directly, with logistics time controlled between 9-11 days and product prices expected to be below $20. Chinese sellers are required to register this summer, and Amazon will start accepting products this fall. Analysts say that the new sector is likely to be officially launched in this year's Black Friday shopping festival.
The strong get stronger! $Microsoft (MSFT.US)$Hit a new high overnight, with a cumulative increase of over 20% this year.
Microsoft leads the way in the AI wave, attracting great interest from hedge funds. According to market research firm Visual Capitalist, Microsoft is the most popular company among hedge funds, with 44% of hedge funds investing in the company, totaling 874.
Receiving investment from Volkswagen! The new force in American car manufacturing. $Rivian Automotive (RIVN.US)$Soared more than 23% overnight, with analysts saying that the partnership has provided a "financial lifeline."
US electric car maker Rivian will receive much-needed cash injection through a new partnership with Volkswagen, which plans to invest $5 billion in Rivian. The two sides will jointly develop the next generation of electric vehicles. Analysts say that this unexpected partnership has provided a "financial lifeline" for Rivian, which has been trying to increase production and delivery of its electric pickup and SUV models.
Fiscal year 2025 guidance exceeds expectations! $FedEx (FDX.US)$Soared more than 15% overnight and was recommended by Morgan Stanley.
In the fourth quarter of fiscal year 2024, FedEx's adjusted earnings per share were $5.41, higher than analysts' expectations of $5.34; it is expected that the earnings per share for fiscal year 2025 before the adjustment of retirement plan accounting will be between $18.25 and $20.25, and after deducting costs related to business optimization plans, the earnings per share will be between $20 and $22. The median of the range is slightly higher than Wall Street's expected $20.92.
JPMorgan has upgraded FedEx from "hold" to "buy" and has significantly raised its target price from $296 to $359.
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Editor/tolk