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.
Does Black Friday stimulate the demand for device upgrades? $Apple (AAPL.US)$ The stock price reaches an all-time high! Once again claims the title of the largest company by market cap globally.
On Monday, U.S. stocks closed with apple rising nearly 1%, the stock price reached $239.59, setting a new historical high, with total market cap returning to first place globally. Wall Street is focusing on the demand for iPhone 16 during the holiday shopping season. Wedbush analysts pointed out: Black Friday officially kicks off, which is the most important holiday for apple. With the release of iOS version 18.2, its flagship product, the iPhone 16, marks the beginning of apple's asia vets launch. Analysts from MoffettNathanson stated that promotions from wireless carriers are a key sales channel for apple, with verizon offering better mobile trade-in services to its customers.
Shopping never stops! Retail stocks. $Walmart (WMT.US)$ 、$Costco (COST.US)$ A new high, 'Cyber Monday' ignites 'Black Friday' in the USA.
'Cyber Monday' is the first Monday after 'Black Friday,' and it is one of the busiest shopping days in the USA each year. Most of the sales and profits for retailers come from the holiday shopping season. Analysts are closely monitoring this result to understand whether lower interest rates and easing inflation have encouraged price-sensitive consumers to increase spending. According to adobe, American shoppers are expected to spend up to $13.5 billion online during 'Cyber Monday,' slightly higher than the company's initial forecast of $13.2 billion.
'Black Friday' consumer data is bullish for trade in credit card payment! $Visa (V.US)$ Achieving a historic high, a leader in mobile payments. $Block (SQ.US)$Breakthrough new high for the year.
Citigroup analyst Andrew Schmidt stated in a report released on Monday that consumer spending on Black Friday was slightly better than expected. Mastercard data shows that retail sales in the usa on the Friday after Thanksgiving increased by 3.4% year-on-year, compared to 2.5% in 2023, with e-commerce growing by 14.6% (up from 8.5% last year) and in-store sales increasing by 0.7% (down from 1.1% last year). Schmidt wrote that he continues to monitor consumer health, as he observed that a significant portion of holiday spending remains.
Advertising agencies.$The Trade Desk (TTD.US)$ Expected to merge streaming platforms. $Roku Inc (ROKU.US)$ The former's stock price hit a new high, while the latter rose by 11% in one day.
According to reports, The Trade Desk is set to merge with roku inc, as Trade Desk recently announced its entry into the connected television (CTV) operating system market with VenturaOS. Analyst Michael Morris pointed out that combining Trade Desk's demand-side platform with roku's operating system and streaming households (which is estimated to exceed 85 million globally) could create mutual benefits. He stated that this merger will accelerate Trade Desk's operating system ambitions while enhancing roku's ability to profit from its advertising inventory.
The grand finale of the 'audit scandal'? $Super Micro Computer (SMCI.US)$ Soaring nearly 29% overnight! No misconduct found after external review, company CFO replaced.
On Monday Eastern Time, super micro computer stated in a statement that it is seeking a new chief financial officer, chief compliance officer (CCO), and general counsel. Meanwhile, Kenneth Cheung, who served as vice president of finance, will become the company's new chief accounting officer. Additionally, after an external review by the company's board of directors' special committee and outside attorneys, no misconduct was found. Specifically, the findings of the independent special committee indicated that the resignation of Ernst & Young was not supported by the conclusions mentioned in the resignation letter.
I. Setting a new high for US stock giants
II. Innovative American individual stocks
III. Popular U.S. stock gains and losses rankings
Editor/Rocky
