ASML Holding N.V. (ASML) Faces Challenges Amid Semiconductor Short Positions
Shares of Chip Stocks Are Trading Lower. The Sector May Be Under Pressure After AMD and Qorvo Fell on Their Respective Earnings Reports and Outlook. Additionally, SMCI May Be Causing Sector Uncertainty After Its Independent Auditor Resigned.
Tech: Chip Equipment Giant ASML Poised to Bounce Back
Futu Morning Post | Global asset frenzy! Nasdaq, gold hit record highs, bitcoin nearing historical highs; Cloud business strong growth! Google up nearly 6% after hours.
Da Ma: US stocks have not fully priced in a Trump victory; The "fear index" VIX has turned net long for the first time since 2018; AMD fell more than 7% after-hours, fourth-quarter revenue outlook fell short of analyst's expectations.
U.S. stocks close | The three major indexes are mixed, with the Nasdaq hitting a new high for the fourth consecutive rise; chip stocks are strong, AMD closed up 4% but fell over 7% after hours due to poor guidance; cryptos concept stocks are rising.
The USA economy is mixed, with consumer confidence increasing but job vacancies hitting a three-and-a-half-year low. The Dow Jones and small cap stocks fell, while the S&P and Nasdaq turned higher. The chip index rose by more than 2%, while the Chinese concept index turned down by over 1%. Trump's media fluctuations have repeatedly caused trading to be suspended.
asml holding third-quarter orders exceeded expectations
October 30th, ASM International, a Dutch semiconductor equipment manufacturer, reported third-quarter revenue of 0.7786 billion euros, analyst expected 0.7641 billion euros; third-quarter orders of 0.8153 billion euros, analyst expected 0.7682 billion euros; third-quarter operating profit margin of 27.6%, analyst expected 25.7%; third-quarter gross profit margin of 49.4%, analyst expected 48.5%; expected fourth-quarter revenue of 0.77 billion-0.81 billion euros, analyst expected 0.7898 billion euros.