![]() ![]() Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies.īlend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities. Large cap companies usually have a market capitalization above $10 billion. It has amassed assets over $401.59 billion, making it the largest ETFs attempting to match the Large Cap Blend segment of the US equity market. The fund is sponsored by State Street Global Advisors. ![]() Taiwan Semiconductor primarily produces semiconductors for companies such as Nvidia and Apple, making it a significant player in the chip equipment industry.Launched on, the SPDR S&P 500 ETF (SPY) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market. Although TSM stock experienced a 1.5% decrease on Wednesday, falling below the 50-day line, it rebounded before the opening of the market. The stock has a 726.52 consolidation buy point.įurther updates came from Taiwan Semiconductor, which achieved better-than-anticipated Q3 earnings. LRCX stock experienced a modest decrease in overnight trade, falling 1.2% to 642.24 on Wednesday. The chip equipment manufacturer’s fiscal Q1 guidance was in line with projections. Lam Research boasted impressive Q4 earnings that exceeded expectations, with revenue also surpassing forecasts. On Wednesday, shares fell by 2.7% to 346.19, reversing a five-month breakout. NFLX stock rose by over 10% in pre-market trading. Earnings also exceeded projections while revenue was in line. Netflix, however, enjoyed positive news with the addition of 8.76 million streaming subscribers, surpassing expectations. The 200-day line is expected to offer support, with 212.36 marking the area’s low on August 18th. Although Tesla stock currently has a 278.98 cup-with-handle base, the handle’s validity is at risk. On Wednesday, shares dropped 4.8% to 242.68, falling below the 50-day line. Tesla stock experienced a sharp decline of nearly 7% in pre-market trading as a result. Furthermore, CEO Elon Musk’s comments about the Tesla Cybertruck were not optimistic, cautioning about financial contributions, production difficulties, and limiting growth projections. Revenue increased by 9% to $23.35 billion, which still fell short of expectations. Tesla’s disappointing earnings report emphasized a significant drop in earnings per share, falling 37% to its worst level in two years. Neither Arista Network’s top customers, Meta and Microsoft, revealed their earnings. ![]() ANET stock showed promise as well, just below a 198.46 cup-with-handle buy point. Microsoft stock approached the 366.78 consolidation buy point, recovering the 50-day line. Meta stock hovered just below a 326.20 buy point while still maintaining an early entry of 312.87. Adobe stock, slightly below the 570.24 flat-base buy point, continued to perform well. Several stocks showed great potential for investment. The energy sector, however, remained resilient amidst the overall decline. The Russell 2000 suffered the most, experiencing a significant tumble of 2.1%. ![]() The S&P 500 index retreated 1.3% and the Nasdaq composite lost 1.6%. The Dow Jones Industrial Average fell 1%, dropping below the 200-day line. Wednesday’s stock market trading further reinforced the downturn. It’s important to note that pre-market activity in Dow futures and other indices doesn’t always indicate trading patterns in regular sessions. Nasdaq 100 futures, on the other hand, rose 0.1%. Dow Jones futures dropped 0.1%, while S&P 500 futures fell 0.1%. On Wednesday, the stock market experienced significant losses as Treasury yields reached 16-year highs and numerous earnings reports and guidance were disappointing. As for stocks to watch, Adobe, Arista Networks, Microsoft, and Meta Platforms all showed promise for potential investment opportunities. Additionally, Costco Wholesale CEO Craig Jelinek plans to step down in January, with COO Ron Vachris taking over. Notable reports came from Taiwan Semiconductor and Lam Research. Conversely, Netflix saw a surge in stock price due to strong subscriber growth and the announcement of price hikes. Tesla faced a significant drop due to weak earnings and cautious statements from CEO Elon Musk about the Cybertruck and other products. Investor attention turned to the 10-year Treasury yields, which continued to climb toward 5%. While Dow Jones and S&P 500 futures fell slightly, Nasdaq futures edged higher. The stock market experienced a mixed start on Thursday. ![]()
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