Microsoft Shows Room To Climb As Tesla, Nvidia, Amazon Near 52-Week Highs
Futu Morning Post | The Fed cut interest rates by 25 basis points as scheduled! The financial markets are all celebrating, with the S&P and Nasdaq hitting record highs; Chinese concept stocks are all booming! Foreign institutions believe it is a good time
USA inflation concerns resurface! Labor costs unexpectedly surged in the third quarter; Trump triggers a frenzy in ETFs, with risk asset ETFs attracting 16 times the daily average inflow; Nvidia's stock price hits a new high, with a total market value exceeding 3.65 trillion US dollars, receiving a "buy" rating reaffirmed by Goldman Sachs.
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Hong Kong stocks morning report on November 8: The Federal Reserve cut interest rates by 25 basis points, and guangzhou automobile group's cumulative sales volume in the first ten months decreased by over 17% year-on-year.
1. China Securities Regulatory Commission Vice Chairman Li Ming: The foreign shareholding limit for foreign securities fund futures companies has been lifted. Foreign institutions will receive national treatment in terms of business scope and regulatory requirements. 2. The Federal Reserve cuts interest rates by 25 basis points, marking the second consecutive rate reduction. 3. The People's Bank of China has suspended gold shareholding increases for the sixth consecutive month. 4. Zhong Shanshan has been the richest person in mainland China for four consecutive years.
US stocks closed: S&P, Nasdaq hit new historical highs again, china assets are on the rise and strong.
1. As the Fed cut interest rates as scheduled, US stocks and treasuries rose in coordination; 2. Chinese concept stocks performed strongly, with the Nasdaq China Golden Dragon Index up 3.5%; 3. Trump Media Technology Group plunged 22%; 4. After releasing financial reports, Qualcomm opened high and then traded low, while Arm opened low and then traded high.
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Microsoft Options Spot-On: On November 7th, 376.87K Contracts Were Traded, With 2.59 Million Open Interest
On November 7th ET, $Microsoft(MSFT.US)$ had active options trading, with a total trading volume of 376.87K options for the day, of which put options accounted for 35.63% of the total transactions,
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USA technology giants' financial performance is lackluster, but for nvidia, it is not without good omens.
U.S. technology giant's performance in the current financial reporting season is generally disappointing, but for NVIDIA, there are still bullish signs. The biggest customers of this chip manufacturer, including Microsoft, Alphabet Inc., Amazon, and Meta Platforms Inc., have all promised to increase capital expenditure in the coming year. Data shows that these four companies collectively invested $59 billion in datacenter equipment and other fixed assets in the third quarter, setting a single-quarter record. "If you hold NVIDIA, the big buyers need to continue buying, and they need to buy more every quarter,"
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