周二，全球市场恢复了一些平静，一些受到重创的股指从因担心美国经济衰退和科技行业极端估值而导致的暴跌中反弹；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's US stock market can be described as "pleasure one day and sorrow the next", with extremely dramatic market fluctuations, leaving a deep impression on investors.
On Monday, the Japanese and South Korean stock markets experienced multiple crashes, a "black Monday" that caused a widespread crash in global stock markets.
On Tuesday, the global market returned to some calm, and some hard-hit stock indices rebounded from the sharp drops caused by concerns over a U.S. economic recession and the extreme valuation of the technology industry.
On Wednesday, market optimism waned, and the escalating conflict in the Middle East and weak demand at the 10-year U.S. bond auction continued to weigh on the U.S. stock market.On Thursday, the latest labor market data from the U.S. helped ease concerns about a slowdown in the world's largest economy, and the stock market rebounded strongly, with the S&P 500 seeing its biggest gain since November 2022.
As of Thursday's close, the Dow Jones Industrial Average had fallen 0.73% to 39,446.49 points, the S&P 500 had fallen 0.51% to 5,319.31 points, and the Nasdaq index had fallen 0.69% to 16,660.02 points.
In terms of individual stocks, outstanding performance was still evident during earnings season:
Strong Q2 results, $Shopify (SHOP.US)$ Shares surged by nearly 18% the day after earnings were released and have risen nearly 26% this week, with multiple banks raising their target prices.
Morgan Stanley raised its target price from $80 to $85; Truist Securities raised its target price from $55 to $65; Deutsche Bank maintains its buy rating on Shopify.
$Fortinet (FTNT.US)$ Shares surged more than 25% in a single day after earnings were released, and have risen more than 21% this week.
Fortinet released better-than-expected adjusted earnings and revenue for the second quarter, and raised its full-year guidance: second-quarter revenue rose 11% year-over-year to $1.43 billion, surpassing the expected $1.403 billion; adjusted earnings per share were 57 cents, exceeding the analyst's expected 41 cents. Looking ahead, the company expects third-quarter revenue to range from $1.445 billion to $1.505 billion, expected to be $1.403 billion.
HSBC upgraded Fortinet from sell to hold and raised its price target from $46 to $59 this week.
$Palantir (PLTR.US)$ Silver's AI revenue engine has been profitable for seven consecutive quarters, surging more than 18% this week.
U.S. big data analytics company Palantir saw Q2 revenue of $678 million, an increase of 27% year-over-year, with net income of $134 million, achieving profitability for the seventh consecutive quarter. The company also raised its full-year performance guidance, with revenue guidance for 2024 raised to $2.742-$2.75 billion.
$Uber Technologies (UBER.US)$ Uber Technologies' Q2 revenue and earnings exceeded market expectations, and the company's mobile unit's total bookings surged 23% year-on-year to $20.6 billion, with second-quarter ride volume increasing 21.5% year-on-year and monthly active platform consumers (MAPC) growing 14%. Looking ahead to the third quarter, Uber expects bookings to be between $40.25 billion and $41.75 billion, slightly lower than the market's average forecast of $41.18 billion.
Uber's Q2 revenue and earnings exceeded market expectations, and the ride volume for the second quarter rose 21.5% YoY. Looking ahead to the third quarter, Uber expects bookings to range from $40.25 billion to $41.75 billion, slightly below the market's average expectation of $41.18 billion.
On the other hand, the following stocks performed weakly this week:
Editor/Emily
