Today’s Trading Prospects
US stock earnings (following-hours): Microsoft (MSFT), Alphabet (GOOGL), Texas Instruments (TXN), Visa (V)
US stock earnings (pre-market): Boeing (BA), Shopify (SHOP), Kraft Heinz (KHC)
U.S. durable goods orders, wholesale inventories in June
Biography of Xi-Xi call debuts on Thursday, focusing on Taiwan issues, Russia-Ukraine war
Tensions in Taiwan and Russia’s invasion of Ukraine might be the subject of a conference call between U.S. President Joe Biden and Chinese leader Xi Jinping this week, the White House said on Tuesday. On the same day, the market reported that the call between the heads of state of the United States and China will be held on Thursday (28th).Read the full article…
Microsoft’s Q4 revenue and profit did not meet the target, but the next year’s financial forecast was optimistic, and it rose 4% following the market
Microsoft announced following the market on Tuesday (26th) that its fourth-quarter profit and revenue were affected by foreign exchange losses and other factors, all of which fell short of Wall Street consensus.Read the full article…
Chip industry wind direction Qiu Deyi’s financial forecast is bright and dilutes the concerns of economic cooling and rises more than 2% following the market
Semiconductor giant Texas Instruments reported better-than-expected earnings following the market on Tuesday (26th), and its financial forecast for this quarter was also very bright, diluting the doubts that the economic cooling would hit the demand for electronic products. After the market, it rose 4% and drove the Chip stocks such as Qualcomm rose.Read the full article…
Alphabet’s Q2 misses expectations, but search ads help stabilize confidence, rebounding more than 4% following market
Poor economic conditions have put pressure on the business. Alphabet announced Tuesday (26th) that its fiscal second-quarter 2022 financial results were generally weak, but with the help of search , revenue did not differ much from Wall Street expectations. More for Alphabet Confidence in its ability to withstand a recession spurred a more than 4 percent rise in following-hours shares.Read the full article…
U.S. Senate clears procedural hurdles as chip bill moves closer to clearance this week
The U.S. Senate passed a key procedural vote on the Chip Chip Act (CHIPS-plus) by a vote of 64 to 32 on Tuesday (26th). It was passed in time for President Biden’s signature before the August recess.Read the full article…
