AppLovin公布第三季度业绩，总营业收入达到12亿美元，同比增长39%，调整后EBITDA达到7.22亿美元，同比增长72%，实现了60%的调整后EBITDA利润率，自由现金流为5.45亿美元，同比增长182%。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 Trump being re-elected as the President of the United States, the Fed cut interest rates for the second time in a row, and the US stock market also rose. As of the Thursday's close, the Dow Jones Industrial Average accumulated an increase of 3.99%, closing at 43729.34 points; during the same period, the S&P 500 index accumulated an increase of 4.26%, closing at 5973.1 points; the NASDAQ index also saw an accumulated increase of 5.64% during the same period, closing at 19269.46 points.
Specifically in individual stocks, there has been an explosive growth in AI demand! The advertising technology giant $Applovin (APP.US)$ soared nearly 50% last night, the software giant $Palantir (PLTR.US)$ Doubled within the year, the two stocks reached new highs hand in hand, with the chip manufacturing giant. $GlobalFoundries (GFS.US)$ Jumped nearly 24% this week.
AppLovin announced its third-quarter performance, with total revenue reaching $1.2 billion, a 39% year-on-year growth, adjusted EBITDA reaching $0.722 billion, a 72% year-on-year growth, achieving a 60% adjusted EBITDA margin, with free cash flow of $0.545 billion, a 182% year-on-year increase.
Previously, Palantir announced its third-quarter performance, with total revenue reaching $0.726 billion, a 30% year-on-year growth, marking the fifth consecutive quarter of revenue growth exceeding 30%, and repurchased approximately 1.8 million shares of stock. The performance surged over 20% on the day of the results, followed by another nearly 9% increase overnight.
GlobalFoundries reported third-quarter revenue of $1.739 billion, earnings per share of $0.32, operating income of $1.74 billion, adjusted EBITDA of $0.627 billion, expected fourth-quarter revenue of $1.8 billion, adjusted earnings per share of $0.39 to $0.51. The stock surged nearly 15% on the day of the results, followed by another 13% increase the next day.
Bitcoin soared on heavy volume! Cryptocurrency exchange giant $Coinbase (COIN.US)$ This week, Bitcoin surged nearly 40%, attracting large holders of the cryptocurrency. $MicroStrategy (MSTR.US)$ Stock prices are approaching historic highs.
Over 219 candidates supporting cryptocurrencies were elected as members of the House of Representatives and the Senate, and major digital assets globally also rose with Trump's victory in the US election, with Bitcoin hitting a historic high of nearly $77,000.
Analyst Devin Ryan from Citizens JMP Securities stated that Trump's leadership in the 'Congress Clean Sweep' may significantly ease regulatory pressures on the fintech industry. The largest US cryptocurrency exchange, Coinbase, will benefit from more lenient regulatory policies and increased acceptance of digital assets.
Trump said that after taking office, he will dismiss the chairman of the US Securities and Exchange Commission, Gary Gensler, to punish him for leading the most severe regulatory crackdown on the digital asset industry, including dozens of lawsuits against various cryptocurrency companies and traders, including Coinbase.
Trump's election, Musk's biggest earner? $Tesla (TSLA.US)$ This week surged nearly 20%, with the stock price hitting a nearly one-year high.
Trump had promised to cancel tax breaks for electric car purchases, but analysts at Wade Bush CSI All Share Investment Banking & believe that Tesla's scale is sufficient to maintain profitability even without tax breaks. Its market share will also expand due to reduced competition from traditional auto manufacturers; In addition, the US Securities and Exchange Commission and the Department of Justice are currently investigating Tesla's autonomous driving technology and other issues. After Trump took office, Musk and his car company may face less scrutiny from the department.
On the other hand, the following stocks performed weakly this week:
编辑/Wade
