Hot News
On Thursday's Pre-Market Trading, the three major index futures all rose.
NVIDIA's Hold Positions concept stocks experienced a broad increase in Pre-Market Trading, with SoundHound AI rising over 7%, and the stock has soared more than 883% this year.
Cryptos concept stocks strengthened in Pre-Market Trading, with Coinbase and MARA increasing over 3%.
At one point in Pre-Market Trading, it dropped by 12%! Micron's first-quarter revenue met expectations, but the outlook for the next quarter is not good.
$Micron Technology (MU.US)$ The first quarter achieved revenue of 8.71 billion USD, a year-on-year growth of 84.1%; the adjusted non-GAAP EPS was 1.79 USD, compared to a loss of 0.95 USD per share in the same period last year. For the second quarter of the 2025 fiscal year, revenue is expected to be in the range of 7.7 billion to 8.1 billion USD, which is significantly weaker than the Analyst's expected 8.99 billion USD. As of the time of publication, Micron's Pre-Market Trading had dropped over 12%.
Accenture's shares rose nearly 7% in Pre-Market Trading, with first-quarter revenue for the 2025 fiscal year increasing by 9% year-on-year.
$Accenture (ACN.US)$ Pre-Market Trading rose nearly 7%, with Q1 fiscal year 2025 revenue of 17.69 billion USD, a year-on-year increase of 9%, estimated at 17.15 billion USD; of which, financial services revenue was 3.17 billion USD, a year-on-year increase of 4.5%, estimated at 3.01 billion USD; the company’s EPS was 3.59 USD, compared to 3.10 USD in the same period last year; Operating Cash flow was 1.02 billion USD, compared to 0.4986 billion USD in the same period last year, estimated at 1.06 billion USD.
Entering the defense Sector, Nukkleus rose nearly 37%.
$Nukkleus (NUKK.US)$ Pre-market stock prices rose, the stock increased nearly 37%, with a cumulative rise of more than 35 times in the last two trading days. On the news side, the company previously announced a strategic acquisition, marking its entry into the defense Sector. This fintech company, focused on the Cryptos market, revealed it has acquired a 51% controlling stake in Star 26 Capital Inc., which holds significant shares in RIMON, a key supplier of the Israeli Iron Dome Missile defense system.
Is the iPhone 16 expected to be released in Indonesia? It is said that Apple's 1 billion investment has finally received government approval.
According to media reports, informed sources disclosed that Indonesian President Prabowo Subianto approved the government to accept. $Apple (AAPL.US)$ An investment of 1 billion USD is about to lift the country's sales ban on the iPhone 16.
UBS Group: Raised Microsoft's Target Price to 525 USD, investors' views on Microsoft have slightly improved.
UBS Group published Research Reports that indicate since $Microsoft (MSFT.US)$ the performance conference held at the end of October this year, investors have had new focal points on the topic of AI, such as the upcoming GPU capacity, the accelerating trend of Azure, the relationship and agreement status with OpenAI, as well as the adoption and pricing of M365 Copilot.
UBS Group expects that since the new production capacity will not be gradually put into use until March to June next year, the forecast for Microsoft's Azure growth for the third fiscal quarter ending March next year has been adjusted from 35.6% to 34%. It is expected that profit margins may improve under cost control, so the forecast for EPS for the fiscal year 2026 has been raised from 14.39 USD to 15.1 USD, with the view that investors' perspectives on Microsoft have slightly improved. The 'Buy' rating is maintained, with the Target Price raised from 500 USD to 525 USD.
Global macro
Goldman Sachs: Although the Federal Reserve is hawkish, Powell is more dovish and still expects three interest rate cuts next year.
Goldman Sachs believes that Powell leaned dovish at the press conference, mentioning four times that Federal Reserve policy remains "significantly restrictive" and disagreeing with the view that the federal funds rate is close to neutral. Goldman Sachs expects rate cuts in March, June, and September next year, but it should be noted that the cut in March requires better inflation data or worse employment data to support it.
The USA's establishment of a Bitcoin reserve will trigger a global buying spree! Industry insiders believe Bitcoin is expected to rise to 0.5 million USD.
Matt Hogan, the Chief Investment Officer (CIO) of Bitwise, the largest cryptocurrency fund management company in the USA, recently predicted that if the USA establishes a Bitcoin National Reserve, the price of Bitcoin could soar to $0.5 million. This implies that Bitcoin is expected to rise nearly 400% from its current price.
With Musk leading the charge, and Trump supporting, is the first battle for DOGE about to force the USA government to shut down?
To avoid a government shutdown, the US Congress has released a text of a temporary funding bill that will provide funding for the federal government until March of next year. The temporary funding bill passed by the US Congress in September this year is set to expire on the 20th of this month, and the US Congress must take new legislative action before then to provide funding for the federal government to continue operating and thus avoid a government 'shutdown.' Musk criticized the bill in more than twenty posts on Social Media, attacking it from various angles. He mocked the 1,500-page bill as 'the largest pork-barrel legislation in history' and called on Congress members to vote against it.
Bilibili rose more than 3% pre-market trading and was upgraded to "buy" by UBS, which raised its EPS estimate per share.
Reminder of Macroeconomic Events in the USA
(All in Peking Time)
21:30 USA Initial Jobless Claims for the week ending December 14.
21:30 USA Q3 Real GDP Annualized Growth Rate Final.
23:00 USA Total Existing Home Sales Annualized for November.
Editor/Somer
