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一周前瞻 | 苹果、特斯拉等重磅财报来袭;美联储利率决议即将登场

Weekly outlook | Major financial reports from Apple, Tesla, etc. are coming; the Federal Reserve's interest rate decision is about to come

富途資訊 ·  Jan 24, 2021 17:31  · Exclusive

Major financial events:

Next week will usher in the heaviest earnings week of the quarter: Apple Inc, Tesla, Inc., Microsoft Corp, AMD, Facebook Inc and other giants will gather together to release results.

The Federal Reserve will announce interest rate decisions, which will directly affect market sentiment.

The World Economic Forum focuses on the three major themes of COVID-19, climate change and cooperation.

Economic data such as US GDP in the fourth quarter and US core PCE prices in December hit.

Wanda Sports will be delisted from NASDAQ.

Monday January twenty _ fifth

Key words: world Economic Forum

In terms of events, from January 25 to 29, the World Economic Forum will hold a 2021 "Davos agenda" dialogue with the theme of "seizing the critical year and rebuilding trust among all parties", focusing on the three major themes of COVID-19, climate change and cooperation. Chinese President Xi Jinping will attend the dialogue by video and deliver a special speech in Beijing.

In addition, U.S. Senate Majority Leader Schumer said the House of Representatives will submit Trump impeachment papers to the Senate on Monday. The US House of Representatives voted to impeach Trump on January 13, accusing him of "sedition". Trump became the first president in American history to be impeached twice.

Tuesday January twenty _ sixth

Key words: AMD/ Microsoft Corp / Starbucks Corp Financial report, Xingsheng Commercial listing

On Tuesday, economic data can focus on the annual rate of the U. S. house price index, as well as the U. S. Conference Board Consumer confidence Index in January.

Financial report$Advanced Micro Devices Inc (AMD.US) $$Microsoft Corp (MSFT.US) $$Starbucks Corp (SBUX.US) $Star companies will release financial results.

AMD:In the financial review of Intel, Futu Information once mentioned that Intel's data center performance is of guiding significance to AMD's financial results. For example, can Intel 5G business be good for NVIDIA Corp Mellanox? Could the decline of Intel data center be because AMD has taken away some customers? It's worth thinking.

In additionTheoretically, AMD will also benefit greatly from the PC market.I believe AMD will also be able to hand in a satisfactory answer next week.

Microsoft Corp:Microsoft Corp's second-quarter revenue is expected to rise 8.9 per cent year-on-year to $40.182 billion and net profit 7.7 per cent year-on-year to $12.543 billion, roughly in line with guidance provided by the company in October, according to Reuters data. Microsoft Corp had expected second-quarter revenue of $39.5 billion to $40.4 billion.

Investors shouldFocus on cloud computing infrastructure business. The Azure business has been growing at more than 40 per cent over the past few years, but given the popularity of cloud computing and recent trends, some cloud revenues may have been realised by 2020. As a result, the performance of the cloud business may be inferior to that of the first half of last year.

In terms of new shares$Xingsheng Commercial (06668.HK) $Will be listed in Hong Kong.

Xingsheng Commercial is a leading business operation service provider in the Greater Bay area, with projects such as COCO Park and COCO City. As of September 30, 2020, the Group ranked first in terms of the number of shopping malls in operation in Shenzhen.

The total revenue for the fiscal year 2017-2019 was 278 million yuan, 329 million yuan and 387 million yuan respectively, with a compound annual growth rate of 18%. In the same period, net profit was 47.94 million yuan, 77.795 million yuan and 95.6 million yuan, with a compound annual growth rate of 37.7%. In the first half of 2020, the company recorded total revenue of 306 million yuan, an increase of 6.7% over the same period last year, and a net profit of 90.141 million yuan, an increase of 14.4% over the same period last year.

Wednesday January twenty _ seventh

Key words: Apple Inc / Tesla, Inc. / Facebook/ Boeing Co Financial report

In terms of financial statements, large technology companies$Apple Inc (AAPL.US) $$Tesla, Inc. (TSLA.US) $$Facebook Inc (FB.US) $The financial report will be released.

Apple Inc:Reuters data showIt is expected that Apple Inc's revenue in the first quarter is expected to break through the $100 billion mark for the first time.It will grow nearly 12 per cent year-on-year to $102.758 billion and net profit will rise 6.7 per cent year-on-year to $23.723 billion. Apple Inc did not provide guidance on this quarter's financial data before. Cook has said he believes iPhone sales will grow in the first quarter, judging from the early stages of the new iPhone listing.

Bernstein analysts expect iPhone revenue to grow 16 per cent in the first quarter, raising its EPS forecast to $1.53, while Morgan Stanley analysts also said that although Apple Inc is expected to report "solid but not very good" first-quarter results, they believe Apple Inc is likely to report record quarterly revenue and net profit. The survey shows that Apple Inc's entire portfolio of products and services is strong.

Tesla, Inc.:The market expects Tesla, Inc. 's earnings per share in the fourth quarter to be $0.60, up 131.7% from a year earlier, and revenue is expected to be $42.9 billion, up 38.1% from a year earlier. In addition, the market focuses on the company's sales target for 2021.

Facebook Inc:Revenue in the fourth quarter of 2020 is expected to grow nearly 25 per cent year-on-year to $26.343 billion, while net profit will rise 25.6 per cent to $9.23 billion, according to Reuters data.

Investors need to pay attention to the number of active users and the performance of the advertising business.Facebook Inc recently revised his privacy policy to share data across multiple platforms, and user growth is likely to slow, which could become the focus of earnings calls.

Thursday January twenty _ eighth

Key words: Fed interest rate resolution, US fourth quarter GDP, McDonald's Corp earnings report

Thursday is a crucial day for next week, when the Fed will make its first interest rate decision in 2021. Economists say Fed officials at next week's meeting may postpone any change in the bond purchase program until 2022, according to a Bloomberg surveyAt that time, purchases may start to scale back, which means that the dollar may remain weak in 2020.

Federal Reserve Chairman Powell and other policy makers saidThey see no reason to change bond purchase plans or interest rates in the near future."now is not the time to talk about quitting," Powell said in a speech on Jan. 14.

In terms of data, investors need to focus on US fourth quarter GDPOn the data side, the bright spot will be GDP growth in the fourth quarter. Due to the weak consumer spending data in December, employment has fallen and expectations have fallen, but we can still expect the economy to grow by more than 4 per cent, "said economists at ING." We are more worried about the first quarter because after the recent outbreak of COVID-19, many regions have reintroduced containment measures and the economy has lost momentum. "

In addition, the 2021 Spring Festival transportation will run from January 28 to March 8, a total of 40 days. The National Health Commission said that returning home with a negative nucleic acid test will be implemented after the Spring Festival transportation begins on January 28 and ends on March 8.

Friday January twenty _ ninth

Keywords: us December Core PCE Price Index, Consumer confidence Index

In terms of data, with regard to core PCE prices in the United States in December, most economists believe that the fiscal package proposed by US President Joe Biden will greatly boost the economy ravaged by COVID-19 's epidemic, and they expect the US economy to return to its pre-epidemic size within a year. Economists believe that price pressures will "pick up sharply" and the number of people who are "roughly the same as last year" are basically the same.

Still, the core PCE price index is expected to fall below the target of 2 per cent a year until at least 2024, which will push the Fed to keep interest rates near zero until 2024.

In addition, Wanda Sports will be delisted from Nasdaq on January 29. Under the terms of the latest acquisition agreement, the acquirer offered $1.70 per Class A common share of Wanda Sports, equivalent to $2.55 per American depositary share (ADS), and paid in cash, excluding interest.

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In the new week, I wish all investors all the best and enjoy their work. Thank you for your support to Futu Information!

Edit / phoebe

The translation is provided by third-party software.


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