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.
Dutch company ASM International's third-quarter orders exceeded expectations driven by the artificial intelligence boom.
ASM International's third-quarter orders exceeded expectations, driven by the artificial intelligence boom for this Dutch semiconductor equipment manufacturer.
Watching ASML; Shares Move Higher As Company Peer ASM International Reports Q3 Orders Of €815.3 Million Vs €768.8 Million; Q4 Expected Revenue Of €770 Million - €810 Million; Expects Revenue To Be In Range Of €3.2 Billion - €3.6 Billion For 2025