Key points before the US stock market opens | Xiaomo warns that the stock market will be in danger in 2024, and GitLab once soared more than 16% before the market opened – Mobile Finance

Key points before the US stock market | Xiaomo warned that the stock market will be in danger in 2024, and GitLab once soared more than 16% before the market opened.

Gelonghui

2023-12-05 20:36:07

1. All three major U.S. stock index futures fell, with Nasdaq futures falling 0.52%, S&P 500 futures falling 0.36%, and Dow futures falling 0.25%.

2. European stocks were mixed, with Germany’s DAX index up 0.27%, Britain’s FTSE 100 index down 0.51%, France’s CAC index up 0.28%, and Europe’s Stoxx 50 index up 0.31%.

3. Morgan Stanley: The United States has entered the end of the economic cycle, which means that the rise of U.S. stocks may be relatively limited.

4. JPMorgan Chase: The stock market will be in danger in 2024 as the economic slowdown is expected to put pressure on corporate profits.

5. GitLab’s Q3 revenue in fiscal year 2024 was US$149.7 million, a year-on-year increase of 32%; non-GAAP net profit attributable to the company was US$14.4 million, turning losses into profits.

6. IBM, Meta, AMD, Intel and more than 50 companies/institutions around the world have joined hands to establish the Artificial Intelligence Alliance.

7. BlackRock disclosed that it received $100,000 as “seed funding” for its proposed BTC exchange-traded fund.

8. Ericsson and AT&T reached a US$14 billion agreement to deploy 5G open RAN in the United States.

9. Nokia expects that revenue from AT&T in the mobile network field will decrease in the next 2-3 years.

10. TSMC’s investment in advanced process R&D will continue to grow next year, and capital expenditures are expected to focus on advanced processes below 3 nanometers and 2 nanometers, as well as mask investment.

11. AMI, a Spanish group representing news media, accuses Meta of unfair competition in its approach to the advertising market and seeks €550 million in damages.

12. Jefferies Financial Group continues its international expansion by establishing an investment banking and capital markets unit in Canada.

13. Rockstar Games, a subsidiary of Take-Two Interactive, announced that “Grand Theft Auto 6” will be released in 2025.

14. IBM demonstrates new quantum computing chips and aims to create convincing quantum machines by 2033.

15. Five9 is looking for potential buyers to acquire the entire company and is discussing the possibility of another bid from Zoom.

Events worthy of attention during the U.S. stock market:
22:45 US November Markit service industry PMI final value
23:00 U.S. JOLTs job vacancies in October/U.S. ISM non-manufacturing PMI in November