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Middle East situation escalates again! Iran claims to have launched 200 missiles at Israel.
Israeli military claims Iran has launched missiles at Israel. Currently, air raid sirens have been heard in Jerusalem, Tel Aviv and other areas. The Israeli military has stated that the rear command has issued survival guidelines to various areas in Israel. Israeli media reports that Iran has launched hundreds of missiles at Israel. The military has requested all civilians to take shelter in bunkers. The commander of the Iranian Islamic Revolutionary Guard, Salami, stated that on the evening of October 1st, Iran launched 200 missiles at Israel.
Iran claims launching missiles at Israel as legal defense. Israeli Defense Forces spokesperson Hagar said the Air Force will continue to fight at full capacity, "Tonight there will be continued strong strikes in the Middle East." Hagar said that Iran took serious action on the evening of the 1st, escalating the situation in the Middle East. The military will take action based on political guidance selecting the location and time.
International oil prices surged and gold rose slightly due to the situation in the Middle East.
Impacted by the Middle East situation, oil prices and Its price has soared to a historic high, closely related to market expectations of interest rate cuts by the Federal Reserve.gold surged, with spot gold rising over 1% to briefly surpass $2,670, WTI crude oil futures settlement price up 2.44% to $69.83 per barrel. Brent crude oil futures settlement price increased by 2.59%, to $73.56 per barrel.
Blackrock upgrades its rating on China stocks to overweight.
Blackrock Investment Institute stated that it has raised the rating of China stocks from neutral to overweight. The institution believes that as the discount of China stocks relative to stocks in developed markets approaches record levels, and there are potential catalysts that could stimulate investors to re-enter the market, there is still moderate room for shareholding China stocks in the short term.
In September, the US ISM manufacturing sector shrank for the sixth consecutive month, with bleak employment and the price index entering a contraction.
In September, the order volume of the US ISM manufacturing sector shrank for the sixth consecutive month, leading to production constraints, lowering employment, and a fourth consecutive month of employment contraction, with the deterioration deepening. Weak demand eases price pressure, with the monthly drop in the price index reaching the largest since May 2023, at 48.3, marking the first contraction range this year, indicating an overall cost decrease.
In August, unexpected three-month high in job vacancies in the US JOLTS, both voluntary quits and layoffs declined.
In August, job vacancies in the US surged to a three-month high, with the largest monthly increase since August last year, exceeding economists' expectations. JOLTS data suggests that despite the overall slowdown in US employment growth, it remains relatively stable. In August, the number of voluntary quits plummeted to a new low in four years.
Prime Minister Shizo Koshiro held his first press conference since taking office, expressing hope to maintain loose monetary policy.
Koshiro stated plans to develop economic support measures, with the top priority of his government's economic policy being to "pull Japan out of deflation," including raising real wages and promoting business capital expenditure. Incoming Minister of Economic Regeneration Ryo Akazawa also stated that the Bank of Japan should proceed with caution when considering further rate hikes to ensure Japan truly overcomes deflation.
Gamestop's surge has dramatically narrowed, with the trading platform considering unplugging the internet of US retail investors.
Intensifying Middle East situation! Nasdaq fell by 1.5%, while the China concept stocks index rose over 5% against the market trend.
Due to the escalating tensions in the Middle East, most European and American stock markets fell on Tuesday (October 1), with the three major US indices collectively closing lower. The so-called 'fear index,' the CBOE Volatility S&P 500 Index (VIX), closed at 19.26, the highest level since September 12.
Against the market trend, China concept stocks surged, with the Nasdaq Golden Dragon China Index rising by 5.48%, reaching its highest level since August last year. Among the popular China concept stocks, KE Holdings rose by 17.43%, Bilibili rose by 14.33%, Li Auto Inc rose by 11.50%, and PDD Holdings rose by 8.03%.
Escalating tensions in the Middle East led to collective gains in US oil & gas stocks and defense stocks.
Affected by the situation in the Middle East, US oil & gas stocks strengthened, with Apache Oil rising by nearly 5%, ConocoPhillips and Marathon Oil rising by nearly 4%; defense stocks rose, with Lockheed Martin rising by over 3%.
China is increasing subsidies for electric vehicles, tesla is expected to see its first quarter sales growth this year.
Tonight, Tesla will officially announce its Q3 sales data. According to a survey of analysts by Bloomberg, analysts expect Tesla's global deliveries in the third quarter of this year to be around 0.4639 million vehicles, an increase of about 7% compared to the same period last year.
Barclays analyst Dan Levy expects Tesla to deliver 0.47 million vehicles globally in the third quarter, with the 'strong performance in the Chinese market' serving as a timely help for Tesla, helping to offset the continued weakness in the US and European markets. Tesla saw a slight drop of over 1% today.
Apple dropped nearly 3%, with Barclays cutting key component orders by 3 million, preparing to launch a new iPhone SE model next year.
Shortly after the release of the iPhone 16, Apple is preparing to announce the launch of a new entry-level phone and an upgraded version of the iPad early next year. According to sources, Apple is gearing up to produce an updated iPhone SE, which will become their new budget-friendly model. An anonymous source mentioned that Apple also plans to release a new iPad Air and keyboard around the same time, with these plans still undisclosed. This release will mark the first update for the iPhone SE since it added 5G functionality in 2022.
Barclays reported that, by the end of December quarter, orders for crucial iPhone semiconductor components from a major **** supplier may be reduced by 3 million units, coupled with the shortened global delivery time for iPhone 16, indicating weak demand. The delayed launch by Chinese Apple Intelligence next year also affects early enthusiasm for the new devices. $Apple (AAPL.US)$ Today's decline is nearly 3%.
The AI datacenter is too large, microsoft's financing lease expenditure will exceed one trillion US dollars, and the profit margin is expected to be under pressure.
Microsoft, leading the AI boom, is set to release its quarterly financial report this month. Microsoft revealed that the company's unused financing leases surged to $108.4 billion, an increase of $20.6 billion compared to the previous quarter, and nearly $100 billion more than two years ago, primarily due to datacenter leasing. Analysts believe that while the surge in datacenter financing leases may enhance Microsoft's AI capabilities, it is likely to impact profit margins. $Microsoft (MSFT.US)$ Today's decline exceeds 2%.
Nike has withdrawn its full-year performance guidance, with the new CEO about to take over, causing the stock price to drop nearly 6% in night trading.
After Nike withdrew its full-year performance guidance following lower-than-expected revenue, it highlights the challenges that incoming CEO Elliott Hill will face later this month. Company CFO Matt Friend stated during an analyst conference call that this decision was due to an upcoming leadership transition. The company expects a decrease in revenue of 8% to 10% for the second quarter, similar to the decline in the first quarter. 'Although we have made some initial progress, we are not yet out of the woods,' Friend said.
If you want to play this game, you must believe in yourself and your judgment.
BeiShui crazily bought China Mobile for nearly HKD 1.8 billion and sold Tencent for about HKD 200 million. On Monday (June 3rd), Southbound funds net purchased HKD 3.4 billion of Hong Kong stocks.
Hong Kong stocks opened today, with the Hong Kong Stock Connect and the China Connect temporarily suspended.
A-share market will be closed from October 1st to October 7th, 2024 (including weekends); Hong Kong stock market experienced a holiday on October 1st and officially opened today; Hong Kong Stock Connect will be suspended from October 1st to October 7th.
The new forces in the automotive industry have great potential: 'Ownerless Motors' sets a new delivery record, with Nio delivering over 20,000 vehicles for five consecutive months.
On October 1st, emerging car companies successively announced last month's delivery situation. Li Auto Inc., Leapmotor, and Xpeng all set new delivery records, while Nio Inc. has achieved over 20,000 deliveries for five consecutive months, with only the NIO ES8 yet to emerge from a decline.
In September, Li Auto Inc. delivered 53,709 new vehicles, a year-on-year increase of 48.94%, setting a new delivery record. In the third quarter, 152,831 vehicles were delivered, a year-on-year increase of 45.4%, with a total of 341,812 units delivered this year.
The company's overall sales volume in 2023 was 18,000 kiloliters, with a year-on-year increase of 28.10%, indicating significant growth. In terms of product structure, the operating income of products worth 10-30 billion yuan were 401/1288/60 million yuan respectively.
Keywords: US September 'small non-farm' ADP employment data; Federal Reserve Governor Baumann speech; Hong Kong stock market new stock Carlode listed
On Wednesday, in terms of economic data, the eurozone unemployment rate for August and the US September ADP employment data will be released.
In terms of financial events, in 2024, FOMC voters Bostic and Barkin, and in 2025, FOMC voter Collins will participate in a group activity; in 2024, FOMC voter and Cleveland Fed President Lael Brainard will give a speech; in 2025, FOMC voter and St. Louis Fed President Musleh will deliver the opening speech at an event; Federal Reserve Governor Baumann will give a speech.
In terms of financial reports, $Conagra Brands (CAG.US)$Please use your Futubull account to access the feature.$Perimeter Solutions (PRM.US)$ Will release financial report ahead of the U.S. pre-market trading, $Levi Strauss & Co. (LEVI.US)$ Will announce financial results after the US stock market closes.
In terms of new stocks, a kitchenware brand from Hangzhou, Zhejiang, China$CAROTE LTD (02549.HK)$ Will be listed on the Hong Kong Stock Exchange on October 2nd.
Futubull Morning News:
In life, it is difficult to reach the peak, and once you reach the peak, it is difficult to hold onto that position for a long time.
"- Charlie Munger"
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