Recently, US stock has been slumping in turn. The move of sacrifice to the sky is thrilling. What should we do next? Listen to the sheep carefully.
1. S&P Global (SPGI) plummeted 10% before the market:
On the evening of June 1, Beijing time, S&P Global suddenly plummeted, and its stock price plummeted by more than 10% before the market, and the trend was extremely abnormal!
1. Company Profile :
S&P Global Company is headquartered in New York, USA. It is a famous Ivy company in the United States, a Fortune 500 company, and an internationally leading education, information and financial service institution. In September 2011, McGrath announced plans to split into two listed companies. One is McGraw-Hill Financial, which focuses on the capital and commodity markets; the other is McGraw-Hill Education, which focuses on global digital learning and education services, serving the K-12, higher education and professional education markets. The company reorganized its assets in May 2013 and divested its education department. focused its business on financial information service provider and established McGraw Hill Financial, Inc., which provides customers with ratings, benchmarks and analysis related information in the global capital and commodity markets. It operates brands in the financial and information service industry including Standard Poor’s, J.D.Power, Platts, McGraw-Hill Construction, Aviation Week and other financial and information service industries. (Insected to Oriental Fortune)
But thankfully, this S&P is not the same S&P . As a listed company within the Global 500, it is also a transparent and independent rating, benchmark, analysis and data provider in the world's leading capital and commodity markets. Logically speaking, it is similar to our domestic bull market flagship, and its plunge is bound to make people think a lot, so is it because of such a violent fluctuation?
According to SEC June 1, the company suspended its annual guidance for the fiscal year ended December 31, 2022 to reflect the deterioration of the situation in the macroeconomic . This is no less than a super mine for a US listed company.
2. Latest analysis:
The latest report from S&P Global stated that the rise in global grain prices will put pressure on emerging markets economies , which rely on grain imports and have poor economic and financial conditions. However, as oil prices and other commodities prices also soared at the same time, Middle East emerging market economies actually benefited. The debt and currencies of emerging market economies such as Brazil and Argentina also performed well.
However, the above report and some market participants also warns the possibility that global food price increases will last longer than market expectations and further impact those more fragile emerging market economies.
With the huge shock of S&P globally, other large technology companies in the US stock market performed a series of bombardment performances!
2. Novavax Pharmaceuticals (NVAX) plummeted 20%, causing public opinion to explode:
News shows that The U.S. Food and Drug Administration (FDA) reported that has a risk of heart inflammation after receiving the company's new crown vaccine . Although the company's data shows that its vaccine can improve people's resilience to the new coronavirus. But it is still as urgent as it is to be buried, and it cannot resist the fate of falling 20% directly. Think about our domestic vaccine listed companies. Although there is a wave of layoffs in , Sinovac Biotech , at least we are at ease in the fight. Here, the sheep are also grateful for the strength of the motherland and the health of Cathay!
1. Company profile:
Novavax, Inc. Its subsidiary Novavax AB is a clinical-stage biotechnology company focusing on the discovery, development and commercialization of recombinant nanoparticle vaccines and adjuvants. Its main adjuvant is Matrix-M, which is used to enable the vaccine to enhance the amplitude of the immune response and qualitatively alter it, enhance its specificity to provide protection against the relevant microorganisms, and to allow immunization with lower doses of antigen .
The company developed respiratory syncytial (RSV) virus fusion protein nanoparticle vaccine candidates for infants through maternal immunization in Phase III clinical trials; elderly people in Phase II clinical trials; in Phase I clinical trials, the children were 6 months to 5 years old. Novavax, Inc. The NanoFlu vaccine is also developed, which is in a Phase I/II clinical trial for the treatment of seasonal influenza in the elderly; and the Ebola virus glycoprotein vaccine in the Ibo clinical trial.
Its preclinical projects include Zika virus ; combined with respiratory vaccine candidates to prevent RSV and seasonal influenza, as well as other infectious disease candidates. Novavax, Inc. Founded in 1987, it is headquartered in Gaithersburg, Maryland.
2. Company response:
Novavax issued a statement saying that in some post-crossing studies, the cases of myocarditis were all within the expected range. (Note: Earlier, the US Food and Drug Administration reported that after receiving the Novavax COVID-19 vaccine, 6 cases of myocarditis and pericarditis occurred, one of which occurred in the placebo group.)
3. Latest judgment:
3. With the psychological expectations caused by the initial single COVID-19 mutation in the US epidemic, and to the recent panic caused by the stability of unexplained hepatitis in children and the stability of their own vaccines, the overall international oil prices and food prices have continued to rise, and the US stock market has ushered in an unprecedented wave of panic! has forced the Chinese market, which is deeply globalized, to face severe tests again!
3. Impact of other factors:
International grain prices continue to soar, among which OPEC considers continuing to take action against Russia, Goldman Sachs public research report shorting Tesla and layoffs have caused the entire industry to fall into silence.
1. When Russia faces Western sanctions and partial oil bans after its attack on Ukraine, the Wall Street Journal quoted an unnamed OPEC representative on Tuesday as saying that some members of the OPEC+ energy alliance are considering whether to suspend Russia's oil production agreement.
. The situation is chaotic and complicated, and United Nations also released a major signal. UN Secretary-General Guterres said an agreement to restore Ukrainian food and Russian fertilizer exports is expected to be reached, but there is still a distance.
3. An email sent by Musk to Tesla's management on Thursday was called "pause all hiring worldwide". Musk said in an email that he had a "super bad feeling" about the economic situation and that Tesla needs to cut about 10% of its employees. According to Tesla's 2021 annual impact report recently released, it has nearly 100,000 employees worldwide. In other words, if Tesla lays off 10%, nearly 10,000 employees will be affected.
As the world's highest market value car company, Musk's expectation and Tesla's layoffs immediately attracted attention. Reuters mentioned in the report that Musk has warned about the possibility of an economic recession in recent weeks, but the layoffs and recruitment freezes once again conveyed this message clearly and directly.
Affected by this, Goldman Sachs suddenly lowered Tesla's target price and attracted attention. The investment bank lowered Tesla's target price from $1,200 to $1,000.
At the beginning of this year, Goldman Sachs believed that electric vehicle innovation will continue to bring growth to investors in 2022. The investment bank ranked electric vehicle company Tesla (TSLA) as one of its best stock picks for the new year and raised its target price to $1,200. But since then, Tesla's stock price fluctuated and fell to around $620.
The stock market is risky, so you need to be cautious when investing. I wish you all good fortune here~#Stock#
