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.
1. Second choice! $IBM Corp (IBM.US)$ Announced the introduction$Intel (INTC.US)$ AI chip Gaudi 3 will be available in early 2025.
IBM announced that it will adopt Intel's Gaudi 3 AI processor in its public cloud platform, and is expected to integrate Gaudi 3 services into its cloud platform and watsonx products in early 2025. Gaudi 3 not only adds new AI computing capabilities to IBM cloud services, but also serves as Intel's strong response to Nvidia and AMD in the AI chip market.
2.$Intel (INTC.US)$ Cut costs or sell Altera? The stock price rebounded by more than 9% in a single day!
Intel plans to divest non-core business and adjust capital expenditures in order to revive the company's leadership position in the chip manufacturing field. Specifically, the plan includes seeking funding support in collaboration with relevant investment bankers, possibly splitting the wafer fabrication business segment and selling the Altera programmable chip division, as well as significantly reducing unnecessary capital expenditures.
3. The performance expansion exceeds expectations + Buffett continues to hold. $Nu Holdings (NU.US)$ Up nearly 80% this year!
The second quarter financial report of NU Holdings, the parent company of Nubank, a fintech unicorn in Latin America, highlights its impressive expansion, reaching 0.104 billion customers, a year-on-year growth of 20.8 million. Analysts expect NU Holdings' total revenue to grow by 42% for the whole year. Since the release of the financial report on August 13th, the stock price of Nu Holdings has continued to rise, with a cumulative increase of about 20%.
In addition, as of August this year, Buffett holds more than 0.107 billion shares of NYSE stocks of NU Holdings, without any changes in shareholding.
4. Argentina's "Alipay" stock price hits a new high. $MercadoLibre (MELI.US)$ Recently launched a dollar stablecoin.
Argentina's largest e-commerce platform, MercadoLibre, has over 0.218 billion active users and 1 million active sellers in 18 countries. On August 27, MercadoLibre submitted a complaint to the National Commission for Competition Protection, accusing Argentina's major banks of colluding in a monopoly. In addition, the company has launched its own dollar-supported stablecoin in Brazil.
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Editor/Rocky
