Important highlights of US stocks:
The U.S. secretary of state said he had accepted the invitation and will meet with the Russian foreign minister next week. U.S. 10-year bond yields came to 1.974%, U.S. stock futures rose on Friday (17th), Dow Jones futures rose 0.38%, S&P 500 futures rose 0.52%, and Nasdaq 100 futures rose 0.72%.
U.S. Secretary of State Anthony Blinken said on Thursday (17) that he had accepted an offer from Russia to meet with Russian Foreign Minister Sergie Lavrov next week, assuming Russia did not invade Ukraine, Archyde.com reported, driving U.S. stock futures rise.
Blinken told the U.N. Security Council that he had written to Lavrov to propose talks in Europe next week to discuss ways to defuse the crisis and avoid conflict. “This meeting will lead to a summit of leaders of major countries in the context of de-escalating the situation and reaching mutual understanding,” he said.
With the Federal Reserve likely to raise rates as soon as March, swap traders are now waning expectations for a sharp March rate hike, forecasting a 25-basis-point (1 yard) chance of a usual rate hike higher than a breath of fresh air Up 50 basis points (2 yards).
Ellen Zentner, chief U.S. economist at Morgan Stanley, said the Fed is more likely to raise interest rates by 25 basis points in March, another 25 basis points in May, June and July, and then another 25 basis points in September and December. basis point. That means Morgan Stanley sees a rate hike at every meeting until the end of the year, except in November.
U.S. stocks rose and fell in the previous session:
- The Dow Jones Industrial Average fell 622.24 points, or 1.78%, to end at 34,312.03 points.
- The Nasdaq lost 407.38 points, or 2.88 percent, to end at 13,716.72.
- The S&P 500 lost 94.75 points, or 2.12%, to end at 4,380.26.
- The Philadelphia Semiconductor Index fell 133.09 points, or 3.74%, to 3,422.60.
Today’s important general economic data:
- U.S. existing home sales in January, estimated at 6.1 million, the previous value of 6.18 million
Important stock developments:
1. Intel (INTC-US)
At Intel’s investor conference in San Francisco on Thursday (17th), CEO Pat Gelsinger estimated revenue growth of nearly 2% this year, better than Wall Street’s expectations. Gelsinger also said that in 2023 and 2024 Revenue growth will accelerate, and Intel will be Wall Street’s “next great growth story.”
Intel also announced that it will establish an automotive division under the foundry business, and is optimistic regarding the growth potential of this market. In addition, the chief financial officer said that the company will continue to look for acquisition targets.
After Nvidia’s failed bid to buy British semiconductor and software design company ARM, Kissinger said on Thursday that Intel would be interested in participating if a consortium buys ARM. And Intel’s recent acquisitions are frequent, which shows its determination to return to the foundry field.
2nd year (YEAR-US)
Roku, a major streaming video equipment manufacturer (YEAR-US) on Thursday (18th) announced fourth-quarter revenue and first-quarter revenue forecasts were lower than consensus expectations, and supply chain problems affected the outlook, causing the stock price to fall 20% following the market. Shares fell 25% in premarket trading on Friday.
Roku’s annual revenue growth rate has continued to decline, from 81% in the second quarter, 51% in the third quarter, and 33% in the fourth quarter. The first quarter of fiscal 2022 is expected to fall once more to 25%, below analysts’ forecast for an annual revenue growth rate of 36%.
Roku management blamed a supply shortage in the U.S. TV market for the slowdown. “As in the third quarter, overall U.S. TV sales in the fourth quarter were below 2019 pre-COVID-19 levels,” said Anthony Wood, the company’s founder and chief executive.
3. Meta(FB-US)
Meta(FB-US) The stock price has been falling since the announcement of the financial report. On Thursday (17th), it officially fell out of the top ten global market capitalization and fell to TSMC (TSM-US) and Tencent (0700-HK).
Meta closed down 4.08% at 207.71 per share on Thursday Dollarwith a market value of 565 billionDollar.According to data compiled by Bloomberg, Meta is currently ranked 11th in the global market capitalization rankings, behind ninth-place TSMC ($600.3 billion).Dollar), and Tencent in tenth place (589.8 billionDollar)。
Compared with the peak in September last year, Meta’s stock price has dropped by 46%, almost halved, and the market value has evaporated by more than 500 billionDollar。
