1. Nvidia's revenue growth rate is slowing; 2. The current valuation leaves little room for further stock price appreciation; 3. Predictable revenue forecasts and the likelihood of a contracting price-to-sales multiple are two major issues facing Nvidia.
Recent #Market Trends news in the semiconductor industry
1. StoneCo's stock has dropped over 22% post-Q3 results; 2. Higher interest rates and inflation in Brazil impact financial services; 3. Company-specific issues include maturing payments acquiring business and overpaid acquisition of Linx software; 4. Despite challenges, StoneCo offers substantial upside potential with limited downside risk for value investors.
1. Nvidia Corporation reported a double beat in Q3 earnings, but the stock pulled back due to conservative guidance and investor expectations. 2. Revenue growth is decelerating, with Q3 showing a 90% year-over-year increase, down from 270% in Q4 last year. 3. NVDA's valuation is high at over 50x net profits, and with slowing growth, it may not be an ideal buying opportunity.
➀ ITSA members reported a 4% year-on-year revenue decrease and a 10% year-on-year order decrease in Q3 2024; ➁ Distribution saw a significant drop of 16%; ➂ Mil/Aero, Broadcast, Medical, and Communication sectors showed positive growth.
➀ DigiKey's president, Dave Doherty, expresses optimism about the electronics market's upcycle following the US presidential election. He believes the market is at the beginning of a new upcycle, driven by election outcomes and government stimulus policies. ➁ The company has seen growth in revenue and shipment numbers, with a focus on supporting designers through development boards. ➃ DigiKey has expanded its customer base, adding 50,000 new customers globally in 2024 and recording its highest EMEA customer count in October.
1. The post-election rally in the S&P 500 has stalled, with the index shedding 130 points over four days, nearly erasing half of November's gains; 2. Financials surged on expectations of lighter regulation, while small caps and Asian markets sold off; 3. Bitcoin surged 19%; 4. All equity groups were in the red in the broad market selloff, with small caps hit hardest; 5. Short-term selling is expected, but long-term momentum remains positive due to potential tax cuts and deregulation, despite inflation risks.
1. The Dollar Index has risen for seven weeks without a weekly decline in Q4; 2. The British pound has not been able to sustain an uptrend, falling for six consecutive sessions; 3. Canada's CPI fell nearly 1% annually over four months through September.
1. Mama's Creations has seen an eightfold increase in stock price since late 2022, driven by strong growth and multiple expansion. 2. With MAMA now trading for 58.5 times forward earnings, the risk/reward proposition may no longer be in your favor. 3. Investors may react differently to upcoming results, with potential for significant de-rating on earnings miss, but stability if results meet/beat expectations.
1. Transocean owns 26 ultra-deepwater floaters and eight harsh-environment floaters, with a substantial $9.3 billion backlog. 2. The company reported $948 million in revenue and $338 million in EBITDA for 3Q24, showing significant growth. 3. The company has a solid capital structure and is well-positioned for future profitability.
1. Blue-chip REITs experienced a strong rally from early July to late October; 2. However, they have recently pulled back; 3. Reasons for the pullback are discussed, along with a top REIT pick.
➀ H100 GPU market has flipped from shortage to oversupply due to various factors;
➁ The cost of renting H100s has dropped significantly, making new purchases less attractive;
➂ The rise of open-source models and the decline in demand for new foundation models have contributed to the price drop;
➃ Alternative hardware options are becoming more viable, reducing the need for H100s in certain applications;
➄ The author advises against investing in new H100s and suggests considering the stock market for better returns.
1. Global stock markets experienced mixed movements this week, with the Nasdaq reaching an all-time high amidst Big Tech earnings and the upcoming U.S. Presidential election. 2. Alphabet's Q3 2024 earnings exceeded expectations, with a 37% increase in earnings per share, driving the tech sector's performance. 3. The September jobs report was mixed, indicating a transition in the labor market amidst economic challenges.
➀ The global MCU market reached a high of $28.2 billion in 2022 and is expected to grow at a CAGR of 8.6% from 2023 to 2033, reaching $70.6 billion by 2033.
➁ There are several types of domestic MCU manufacturers, including listed companies, long-standing players, emerging enterprises led by former overseas MCU team executives, and MCU departments of large terminal application manufacturers.
➂ 3PEAK's dissolution of its MCU team was a result of a difficult decision made by the company's management team, considering investment and current market conditions.
➃ Domestic MCU companies need to focus on market research, customer relationship building, and product innovation to compete in the global market.
1. Palantir is poised for significant growth across its government and commercial customers; 2. The Q3'24 forecast calls for revenue of $720mm, exceeding guidance; 3. Despite high valuation, the addition to the S&P 500 and strong momentum suggest Palantir shares can sustain higher valuations.
➀ DDR5 prices remain stable; ➁ DDR4 prices are unlikely to rebound in the near future; ➂ Market analysis suggests stable DDR5 prices and limited prospects for DDR4 price recovery.
1. Altria offers a compelling investment with a low P/E ratio and an 8.2% dividend yield despite facing volume declines and regulatory risks. 2. The US market remains highly profitable for Altria, but the lack of diversification and regulatory threats pose significant risks. 3. Vaping and other alternatives are accelerating cigarette volume declines in the US, but Altria's pricing power and buybacks support profitability.
1. Broadcom has seen significant gains due to the AI boom but remains unlikely to surpass Nvidia as the top AI semiconductor stock. 2. Despite strong financial performance and growth, Broadcom's valuation multiples are high, indicating the stock is overvalued relative to its growth rate. 3. Short and intermediate-term technical analyses show mixed signals, while the long-term outlook is positive with strong uptrend support.
➀ Global silicon wafer shipments are projected to decline by 2% in 2024 to 12,174 MSI; ➁ A strong rebound of 10% is expected in 2025 to reach 13,328 MSI; ➂ The recovery is attributed to ongoing demand recovery from the downcycle.
1. AT&T's common stock price is advancing as the management strategy gains traction with the market; 2. The stock's forward price-earnings ratio is currently around 10, indicating it is undervalued; 3. The stock has seen one of its best annual performances with confirmed positive free cash flow.
1. The S&P 500 has experienced a modest decline in recent days, coinciding with a significant downturn in investor sentiment. 2. The AAII weekly sentiment survey shows that only 37.7% of respondents are bullish this week, with bears accounting for 29.9%. 3. This shift in sentiment is a notable change from the recent low of 20.6% two weeks ago.