特斯拉因Robotaxi发布会不及预期股价持续下跌，下跌趋势止于10月24日公布第三季强势业绩，第三季营收251.82亿美元，同比增长8%，利润为49.97亿美元，同比增长20%，净利润为21.67亿美元，同比增长17%，环比大增46.6%，实现生产七百万辆汽车的里程碑。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.
As of Thursday's close, the three major U.S. stock indexes collectively fell this week, ending the previous six-week rally. The Dow Jones Industrial Average fell 2.08% this week to 42,374.36 points; the S&P 500 Index fell 0.93% over the same period to 5,809.86 points; while the Nasdaq Index fell 0.4% over the same period to 18,415.49 points.
Specifically in individual stocks, auto stocks stepped on the gas pedal!$Tesla (TSLA.US)$ After the earnings report, the stock soared more than 20%, with a market cap increasing over $150 billion. $Li Auto (LI.US)$Please use your Futubull account to access the feature.$General Motors (GM.US)$ The s&p 500 index surged more than 8% and 7% within the week.
Tesla's stock price continued to decline due to the underperformance of the Robotaxi launch event. The downward trend stopped with the strong third-quarter performance announced on October 24. The third-quarter revenue was $25.182 billion, an 8% year-on-year growth, with a profit of $4.997 billion, a 20% year-on-year growth, and a net income of $2.167 billion, a 17% year-on-year growth. It increased by 46.6% on a quarterly basis, achieving the milestone of producing seven million cars.
Li Auto Inc recently completed the delivery of the 1st millionth vehicle, becoming the first domestic new energy vehicle company to achieve a million deliveries. Qualcomm announced on October 22 that it is collaborating with auto manufacturers, including Li Auto Inc, on technology. Its future mass-produced models will use the Snapdragon flagship platform.
General Motors' adjusted eps for the third quarter was $2.96, with revenue of $48.8 billion, a 10.5% year-on-year increase, and adjusted EBIT of $4.115 billion, a 15.5% year-on-year increase. The adjusted eps guidance for 2024 is raised from $9.5-10.5 to $10-10.5.
Leading stocks continue to outperform! The world's largest tobacco manufacturer $Philip Morris International (PM.US)$ Energy giant $GE Vernova (GEV.US)$ surges to new heights in partnership with software giant $Applovin (APP.US)$ nearly triples in value this year, pharmaceutical manufacturer $West Pharmaceutical Services (WST.US)$ soars nearly 13% within the week.
Philip Morris reported third-quarter revenue of 9.91 billion dollars, an 8.4% year-on-year increase, with earnings per share of 1.91 dollars. Net income grew by 11.6%, achieving historical highs in quarterly net income and earnings per share; projected diluted EPS to rise to $6.20-6.26 in 2024, adjusted diluted EPS to be $6.45-6.51.
Energy giant GEV's orders and revenue in the power and electrification sectors doubled, increasing by approximately 0.9 billion US dollars in free cash flow. The net income in the third quarter was -96 million US dollars, a year-on-year increase of 43.53%, with revenue of 8.905 billion US dollars, a year-on-year increase of 7.65%, and a basic earnings per share of -0.35 US dollars.
Software giant AppLovin is expected to have earnings per share of 0.96 US dollars in the third quarter, a 220% year-on-year increase. The profit for the fiscal year 2024 is forecasted to be 3.46 US dollars, a 253.1% increase from the previous year, and the profit expectation for fiscal year 2025 is 4.51 US dollars, a 30.4% increase from the previous year.
Injectable drug manufacturer West Pharmaceutical Services' adjusted earnings per share in the third quarter were 1.85 US dollars, with sales of 746.9 million US dollars, both exceeding market consensus. Forecasted sales for 2024 are 2.875-2.905 billion US dollars, with adjusted earnings per share guidance of 6.55-6.75 US dollars.
Exceeding Bitcoin's growth rate! $MicroStrategy (MSTR.US)$ Surged 10% overnight, reaching an all-time high this week.
MicroStrategy holds more than 1% of Bitcoin's supply, with Castle Funds' Chief Investment Officer Eberle expecting Bitcoin to rise to 0.09 million US dollars by the end of this year. Standard Chartered Bank analyst Geoff Kendrick predicts that Bitcoin may surpass 73,000 US dollars on the day of the U.S. presidential election. With the approval of Bitcoin and Ethereum exchange-traded funds, the participation of stock momentum traders in cryptocurrency trading may further accelerate price increases.
Asset management industry welcomes a new era! $Northern Trust (NTRS.US)$ Stock price hits a new two-year record high. $Raymond James Financial (RJF.US)$ Surged over 7% overnight, setting a new high for the stock price.
Northern Trust's total revenue in the third quarter reached $1.96 billion, a 14% increase from the same period last year. Net interest income was $0.57 billion, a 21% year-on-year increase. Total net income was $465 million, with earnings per share of $2.22. Trust, investment, and other service fees rose to $1.19 billion, up 8% year-on-year.
Raymond James Financial's client assets reached a record $1.57 trillion, up 6% from the previous period. Domestic net investment assets for the quarter reached $13 billion, with an annual growth rate of 4%; bank loans rose by 2% from the previous quarter to a record $46 billion, supported by increased securities pledges and home equity loans. Following the hurricane, Raymond James Financial donated nearly $11 million to community relief and subsidies, demonstrating the company's commitment to supporting employees and communities.
On the other hand, the following stocks performed weakly this week:
编辑/Wade
