ETF tracking | Volatility double long ETF rose by 16%; Leveraged long ETF for super micro computer plummeted over 70% in two days
On Thursday, October 31, the three major stock indexes in the United States all fell. The s&p 500 index closed down 108.22 points, a decrease of 1.86%, to 5705.45 points. The October cumulative decline was 0.99, ending the continuous rise since May. The dow jones industrial average fell 378.08 points, a decrease of 0.90%, to 41763.46 points. The October cumulative decline was 1.34%, ending the uptrend since May. The nasdaq composite index, mainly composed of technology stocks, also closed lower.
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US stocks early market | Non-farm data does not change the rise of US stocks, with all three major indices collectively surging; growth tech stocks erase yesterday's slump, amazon soars 6% approaching historical highs.
Apple fell by 0.54%, profits were dragged down by a hundred billion in back taxes; Intel rose by 5%, fourth quarter revenue and adjusted earnings per share guidance exceeded expectations.
Countdown to the USA election, when will the results be announced? Please keep this viewing guide handy!
"The big show" is about to begin, grab your "program."
Intel Says It Won't Even Make $500M From Gaudi AI Chips In 2024 Despite Nvidia Minting Billions: CEO Gelsinger Says Uptake 'Slower Than We Anticipated'
Apple, Microsoft Need To Do More Than Just Beating Wall Street Estimates, Says Analyst: 'AI Enthusiasm And Potential Is Not Enough"
Is AI infrastructure already a consensus in Silicon Valley? Giants are still running blindly, but investors are no longer buying it.
①Tesla, Google, Microsoft, Meta, Apple, and Amazon are all showing a common trend - pouring money into AI, then pouring more money. ②"Every year Microsoft over-invests, it will drag down the profit margin for the next six years by a full percentage point," said Gil Luria, head of technology research at Davidson Trust. ③Investments in AI need to see returns, see widespread technological applications, and need time.
Bank of America speaks out against the trend: selling off after Trump's victory sparked a stock market rebound!
At this point, two large Wall Street banks have already indicated that Trump's victory is a signal to sell US stocks.
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US stock market outlook: Non-farm data cools significantly! Expectations of interest rate cuts increase for the year; Amazon and Intel performance exceed expectations, easing the downward trend of growth tech stocks yesterday.
Apple's iPhone revenue turned around last quarter, but sales in China were lackluster, dropping nearly 2% pre-market; Buffett has continuously increased his shareholding in Sirius XM, raising his stake to 33%.
Intel's Results Were Better Than Feared. Wall Street Says It's Not Out of the Woods Yet.