AI独角兽Astera Labs第三季营收为1.131亿美元，同比增长206%，GAAP下摊薄后每股净收益为-0.05美元，同比增长37.5%，GAAP下毛利率为77.7%；公司预计营业收入为1.26亿-1.3亿美元，GAAP下运营费用为1.01亿-1.02亿美元，GAAP下摊薄后每股净收益为0.04-0.06美元；巴克莱银行分析师Tom O' Malley维持Astera Labs“高于平均”评级，并上调公司目标价至87美元。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. AI demand index grows exponentially! Software giant $Palantir (PLTR.US)$ surges nearly 200% this year, chip company$Astera Labs (ALAB.US)$ spikes nearly 40% last night, chip foundry giant $GlobalFoundries (GFS.US)$ Surged nearly 15%.
On the news front, software giant palantir's third-quarter revenue was $0.726 billion, a year-on-year increase of 30%, exceeding market expectations. Net income was $0.144 billion, reaching a record high. Non-GAAP earnings per share were $0.10, higher than market expectations. The company raised its current revenue forecast due to increased demand for its artificial intelligence software in the United States, expecting its U.S. business revenue to exceed $0.687 billion this year, a growth of over 50%. The forecasted full-year adjusted operating profit is $1.054 billion to $-1.058 billion. Mizuho maintains a "underperform" rating on Palantir, raising the company's target price to $37.
AI unicorn Astera Labs' third-quarter revenue was $0.1131 billion, a 206% year-on-year growth. Diluted net loss per share under GAAP was -$0.05, a 37.5% increase year-on-year. GAAP gross margin was 77.7%. The company expects revenue to be between $0.126 billion and $-0.13 billion. GAAP operating expenses are expected to be $0.101 billion to $-0.102 billion. Diluted net earnings per share under GAAP are expected to be $0.04 to $0.06. Barclays analyst Tom O' Malley maintains an "above average" rating on Astera Labs and raises the company's target price to $87.
Semiconductor foundry giant GlobalFoundries' third-quarter revenue was $1.739 billion, a 5.9% year-on-year decrease. Non-GAAP earnings per share were $0.41, exceeding the general market expectation of $0.33. The company expects revenue to be between $1.8 billion and $-1.85 billion. Analysts expect $1.804 billion, with forecasted adjusted earnings per share of $0.29 to $0.43, while the market expectation is $0.38. Citi maintains a "neutral" rating on GlobalFoundries and lowers the company's target price to $40.
2. Outstanding stocks continue to perform well! Food ingredients company $Ingredion (INGR.US)$ , global power systems giant $Cummins (CMI.US)$ Last night surged nearly 16% and 9%, both stocks hit new highs together.
Ingredion's third-quarter adjusted revenue increased by 29% year-on-year, with a gross margin of 25.6%, an increase of 4.9%. Affected by price mix and exchange rates, net sales decreased by 8%, but gross profit increased by 14%. Eps increased by $0.77, achieving the best third-quarter performance in history; Engine giant Cummins' third-quarter revenue was $8.5 billion, flat with the same period in 2023. EBITDA was $1.4 billion, accounting for 16.4% of revenue. Net income was $0.809 billion, compared to $0.656 billion last year. Diluted earnings per share were $5.86, up from $4.59 last year.
Barclays analyst Benjamin Theurer maintains a 'buy' rating on Ingredion and raises the target price to $168; JPMorgan raises Cummins' target price from $340 to $355.
3. Election topics ignite hot discussions! Media platforms $Reddit (RDDT.US)$ On the night of tracking the election, surged more than 12% overnight, closing at a new high.
On the news front, on Election Day, voters flocked to the polls, while social media influencers shared views and local reports on Reddit's super topics, polls, and comments. When the polls opened, Reddit's sub-forum 'r/politics' had over 8.5 million subscribers, featuring live topics in 59 sections, including over 3,200 comments, voter voting reports from different locations, and live comments on the election situation. Reddit's election coverage integrates real-time updates and community engagement, covering communities from various professional subreddits.
Citigroup analyst Ronald Josey maintains a "buy" rating on Reddit, with a company's target price of $120.
I. Setting a new high for US stock giants
II. Innovative American individual stocks
III. Popular U.S. stock gains and losses rankings
编辑/Wade
