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, with the change in the expectations of a rate cut by the Federal Reserve and the increasing probability of former U.S. President and Republican candidate Trump winning the election again, the market's trading logic seems to have changed overnight: there was violent rotation among the sectors of American stocks, technology stocks plunged sharply, cyclical and small-cap stocks rebounded strongly.
As of Thursday, the Dow Jones Industrial Average rose by 1.66% for the week to 40,665.02 points, while the S&P 500 fell 1.26% to 5,544.59 points in the same period and the Nasdaq Composite fell 2.87% to 17,871.22 points.
Specifically, with the joint boost from 'Fed rate cut trading' and 'Trump trading', the US stock exchange-traded funds tracking regional bank stocks saw a rise of nearly 7% this week, outperforming the market, among which all rose by more than 7%.$Spdr Series Trust S&P Regional Bkg Etf (KRE.US)$Benefiting from Trump's friendly stance towards cryptocurrency, Bitcoin rebounded strongly this week, breaking through the $66,000 mark at one point, and holding shares staged a strong comeback, with gains of more than 11% for the week.$Regions Financial (RF.US)$,$M&T Bank (MTB.US)$,$Capital One Financial (COF.US)$Two outstanding stocks hit new highs this week, with the largest residential real estate developer in the USA, this week up almost 13%, exceeding expectations for the third quarter results and announcing a share buyback plan of up to $4 billion; and the US health insurance giant, which rose more than 10% for the week after its performance.
Thanks to Trump's friendly stance on cryptos, Bitcoin rebounded strongly this week, breaking through the key $66,000 level at one point, with holders benefiting from the rise.$MicroStrategy (MSTR.US)$With a strong rebound and an increase of over 11% this week.
Two outstanding stocks hit new highs this week, with the largest residential real estate developer in the USA, up almost 13% for the week, exceeding expectations for the third quarter results and announcing a share buyback plan of up to $4 billion; and the US health insurance giant, up more than 10% for the week after its performance. $D.R. Horton (DHI.US)$Up nearly 13% this week, the company's Q3 earnings exceeded expectations, and it announced a share buyback plan of up to $4 billion. The US health insurance giant$UnitedHealth (UNH.US)$The US largest residential real estate developer rose almost 13% this week, exceeding expectations for the third quarter results and announcing a share buyback plan of up to $4 billion; The US health insurance giant rose more than 10% for the week after its earnings report, receiving multiple upgrades from large banks, with the highest target price of $680.
On the other hand, the following stocks performed weakly this week:
Editor/Somer