This week (10.24-10.28) Big financial events:
Economic data, US Markit Service and Manufacturing PMI, Consultant Chamber of Commerce Consumer Confidence Index, third quarter GDP, " Fed favorite inflation indicator" core PCE price index , University of Michigan consumer confidence index, etc. will be released one after another
financial report, this week's financial report secret The release of the largest U.S. technology stocks , Microsoft , Google , Amazon , Intel , Intel , as well as Coca-Cola , Exxon Mobil, Chevron , GM, etc. will announce financial reports one after another; Hong Kong stock BYD shares, HSBC Holdings , Huaneng International Electric Power Co., Ltd., WuXi AppTec , Tianqi Lithium Industry , and China China Duty Free will also announce the latest results. In terms of the
incident, the Bank of Canada, the European Central Bank, the Bank of Japan and other central banks announced interest rate resolutions. In terms of new stocks, Mobileye Global Inc, an autonomous driving company under Intel, will be listed on US stock .
October 24 Monday
Keywords: US Markit manufacturing PMI, China Overseas Development / Xinte Energy Financial Report
Monday, in terms of economic data , the United States will announce the October Markit service industry and manufacturing PMI.
The initial value of the US Markit manufacturing PMI in September is 51.8, expected to be 51.1, and the previous value is 51.5; the initial value of the Markit service industry PMI in September is 49.2, expected to be 45, and the previous value is 43.7.
Chris Williamson, chief business economist at S&P Global Market Intelligence, commented on the final value of the US Markit manufacturing PMI in September: As U.S. manufacturers reported order volumes resumed growth for the first time in four months, employment growth also improved, and the September data brought good news that the business environment began to improve again. However, even with the latest improvements in that data, weak data in recent months still suggests that U.S. manufacturing has dragged down the economy in the third quarter, and demand needs to recover further if the rest of the year is to see any meaningful positive contributions to GDP.
financial report, Hong Kong stocks $China Overseas Development (00688.HK)$ and $Xinte Energy (01799.HK)$ will announce their results.
October 25th Tuesday
Keywords: American Chamber of Commerce Consumer Confidence Index, Coca-Cola/ Biogen /GM/HSBC Holdings Financial Report
Tuesday, in terms of economic data , the United States will announce the Consulting Chamber of Commerce Consumer Confidence Index and two house price indexes.
financial report , Hong Kong stocks $HSBC Holdings (00005.HK)$, $ Huaneng International Electric Power shares (00902.HK)$, $ Wanzhou International (00288.HK)$, US stocks $Coca-Cola (KO.US)$, $Bijian Company (BIIB.US)$, $GM.US)$, etc. will announce financial reports before the US stock market.
October 26 Wednesday
Keywords: changes in US EIA crude oil inventories, Bank of Canada interest rate resolution, Microsoft/Google/ New Oriental /Wuzhou AppTec financial report
Wednesday, in terms of economic data, the United States will release changes in EIA crude oil inventories that week, strategic oil reserve inventory, total new home sales annualized data.
economic events , the Bank of Canada announced its interest rate resolution and held a press conference on monetary policy .
Market expects the Bank of Canada to raise interest rates by by 575 basis points instead of the 50 basis points previously predicted. Scotiabank said that the Bank of Canada is expected to raise interest rates to 4.25% in 2022 (currently 3.25%, which means that it will raise interest rates by 100 basis points). Canada is likely to fall into an economic recession in 2023.
financial report , $Microsoft (MSFT.US)$, $Google-A (GOOGL.US)$, $Visa (V.US)$ will disclose its latest results after the market trading on Tuesday Eastern Time. Hong Kong stocks $WUA AppTec (02359.HK)$, $ ZTE (00763.HK)$, $Busweitt Asia Pacific (01876.HK)$, $ Ping An (02318.HK)$ will announce its financial reports on the same day, and $New Oriental (EDU.US)$ and $ Boeing (BA.US)$ will announce its financial reports before the market trading on Wednesday.
analysis points out that due to the continuous slowdown in advertising business, Google 's search business may experience single-digit year-on-year growth in .Last quarter, YouTube's revenue growth slowed due to competition from TikTok and other video streaming rivals.
Microsoft performance may be severely affected by exchange rate fluctuations. Wall Street analysts expect the company's revenue to grow by about 9.9%, while the Windows business will slow down, and the Azure cloud business will continue to grow, but the growth rate slows to around 44%.
WuXi AppTec had previously issued a profit, and it is expected to achieve operating income of approximately RMB 28.39 billion in the first three quarters of this year, an increase of approximately 71.87% year-on-year; it is expected that the net profit attributable to shareholders of listed companies will be 7.38 billion yuan, an increase of 107.12% year-on-year.
Related reading: Financial Report Season "King Blast"! Giants such as Apple, Microsoft, and Amazon are coming, and the market is ahead of the market,
new stock , Intel's autonomous driving company $Mobileye Global Inc. (MBLY.US)$ will be listed on the US stock market.
Mobileye This time, the stock price is between US$1.8-20, raising up to US$820 and valuation is up to US$15.93 billion. When Mobileye was initially planned to go public in December, Intel expected its valuation to exceed $50 billion, but now it is only one-third of its valuation.
The company achieved revenue of US$854 million in the first half of this year, a year-on-year increase of 21.31%. Profitability dropped by 614.29% during the same period, achieving an operating loss of US$36 million.
October 27 Thursday
Keywords: U.S. third-quarter GDP, U.S. core PCE price index, ECB interest rate resolution, Meta/Shopify/Shopify/Southwest Airlines /Tianqi Lithium Financial Report
Thursday, in terms of economic data, the United States announced as usual the number of initial unemployment claims for the week ending October 22, and the third-quarter GDP, core PCE price index, durable goods orders and other major data will also be announced.
The Fed hopes the labor market cools significantly in the coming months, but so far it still shows considerable resilience. However, the number of companies planning to recruit employees in the future has decreased. The current layoffs are still sporadic and are mainly limited to the real estate and technology industries. The number of initial unemployment claims announced this time is expected to change little.
Nick Timiraos, a famous journalist known as the "New Federal Reserve News Agency", said on October 21 that the Federal Reserve may discuss whether and how to send signals that the pace of rate hikes in December will slow down. After
contracted in the first and second quarters, U.S. GDP may grow at an annualized quarterly rate of 2.3% from July to September. The Atlanta Fed GDPNow model expects economic growth to be 2.9% in the third quarter. Wells Fargo expects the U.S. economy to rebound in the third quarter. After two quarters of negative growth, the U.S. real GDP annualized quarterly rate in the third quarter will reach 2.8%, and a moderate recession will still occur next year.
In terms of economic events, European Central Bank announced its interest rate resolution and held a monetary policy press conference.
Judging from the current statements of many European Central Bank officials, although it has realized that continuing interest rate hikes may bring risks to the economy of euros , the European Central Bank will still adhere to the "hawk" stance of interest rate hikes, and the possibility of raising interest rates by 75 basis points in October is getting bigger and bigger.
financial report , $Meta Platforms (META.US)$, $EQT Energy (EQT.US)$ will be announced after the market trading Wednesday Eastern Time. $Shopify (SHOP.US)$, $Southwest Airlines (LUV.US)$ and $ McDonald's (MCD.US)$ will be announced before the market trading Thursday.
Cowen Co analyst John Blackridge said that the stock price of Meta has fallen sharply this year due to various macro factors, changes in iOS privacy, intensified competition, and the shift in user stickiness to Reels, which currently has a low profit rate. Considering the slowdown in advertising expectations, Wall Street unanimously believes Meta's revenue will fall by 4.8%.
The companies that announced their financial reports on the same day include: $Tianqi Lithium (09696.HK)$, $China Petroleum Co., Ltd. (00857.HK)$, $ GAC Group (02238.HK)$, $FLET Glass (06865.HK)$, etc.
October 28th Friday
Keywords: US stocks University of Michigan Consumer Confidence Index, Bank of Japan Interest Rate Resolution, Apple/Amazon/Intel/ExxonMobil/Chevron/BYD Shares Financial Report
On Friday, in terms of economic data, US stocks will release the University of Michigan Consumer Confidence Index, existing home signing sales, September core PCE price index and other data.
Economic events , the Bank of Japan released its interest rate resolution and prospects report, and held a monetary policy press conference.
financial report , the financial reports of $Apple (AAPL.US)$, $AMAZN.US)$, and $Intel (INTC.US)$ will hit after the market trading Thursday Eastern Time, and $Chevron (CVX.US)$ and $Good Future (TAL.US)$ will announce their financial reports before the market trading on Friday.
The companies that announced their financial reports on the same day include: $COSCO Shipping (01138.HK)$, $China Duty Free (01880.HK)$, $BYD Shares (01211.HK)$, $China Shenhua (01088.HK)$, etc.
According to Bloomberg analysts' estimates, Apple 's revenue is expected to be approximately US$88.68 billion, a year-on-year increase of about 6%; adjusted net profit is expected to be approximately US$20.42 billion, and adjusted earnings per share is US$1.264.
analysts expect Amazon total revenue to grow by 15.7%, of which AWS cloud computing business has a bigger growth, about 31%.
BYD shares previously released its performance forecast, and it is expected that in the first three quarters of this year, the net profit attributable to shareholders will reach 9.1 billion yuan to 9.5 billion yuan, a year-on-year increase of 272.48%-288.85%; and the net profit after deducting non-operating items will reach 8.1 billion yuan to 8.8 billion yuan, a year-on-year increase of 813.80%-892.77%.
This week is a super financial report week. To explore more valuable financial report information, please follow the special topic of " Financial Report Season View "
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