A mixed trend on Wall Street in the shadow of growing tensions between the US and Russia

Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations

18:45

The trading day in Europe closed with falling rates. The DAX fell by 0.5%, the FTSE by 0.1% and the KAK lost its value by about 0.7%.

17:57

The main indices on Wall Street moved to a mixed trend: Dow Jones is down 0.5%, S&P 500 is trading around the base levels and Nasdaq is up 0.3%.

Against the backdrop of the change in trend, Nvidia pulling the Nasdaq index up and climbing about 3%. Investors await the release of the chip giant’s financial results on Wednesday at the close of trading on Wall Street.

Violeta Todorova, a research analyst at the Leverage Shares investment company, refers to the reports that Nvidia is expected to publish: “Nvidia’s growth is mainly based on the sales of its flagship chip in the field of artificial intelligence, Hopper, and the first orders for the new chip, Blackwell. Nvidia’s own forecast is $32.5 billion, and this despite Adjustments that had to be made in the Blackwell chip and supply chain challenges The huge demand in the field of AI, we believe that Nvidia will present strong results. This is supported by the suppliers of Foxconn, TSMC, which reported strong revenues in the third quarter and expect the continuation of the demand. Investors will also give emphasis to the forecast for the fourth quarter will present it above the current projections of 37 billion dollars.”

Walmart stands out positively after it raised its forecasts for the rest of the year in light of estimates that its customers bought more goods and delivery orders increased in preparation for holiday shopping. The company now expects net sales to grow in the range of 4.8%-5.1% for the entire year. This is compared to its previous forecast for growth which was in the range of 3.75%-4.75%.

17:11

The price of Bitcoin continues to break records and rises at this hour by 2% to a price of 92,171 dollars.

16:40

company Super Micro Computer stands out in trading and jumps about 21% after it announced last night (Monday) to the US Securities and Exchange Commission (SEC) that it submitted a “compliance” plan to comply with the requirements in order to avoid the removal of its listing from the Nasdaq stock exchange. The company stated that its plan shows that it is on the right track to submit the The late financial reports to the SEC within the time frame given to it by Nasdaq. Following the filing, the company’s stock jumped 16% in trading yesterday.

16:34

The trading day on Wall Street opened with price drops: the Dow Jones fell 0.8%, the S&P 500 shed about 0.5% and the Nasdaq fell 0.4%.

15:08

The technology company Alot Recorded in the third quarter revenues of $23.2 million, a growth of 2.7%, and reduced the net loss according to GAAP rules from $12.4 million to $244,000.

On a non-GAAP basis Allott moved to a net profit of 1.3 million dollars, which is 3 cents per share. In the fourth quarter, Alot expects a balance in the Non-GAAP operating profit and a positive flow from current activities. The CEO of the company, Eyal Harari, said that the company is satisfied with the continued progress and especially with the transition to operating profit on a Non-GAAP basis, for the first time in three years.

14:54

European trading moved lower after the risks surrounding Russia returned to the focus of attention. The President of Russia, Vladimir Putin, published a worrying update regarding the requirements for the use of nuclear weapons by the country, amid growing tensions with the United States. The move reflects the growing tensions in the international arena and the concerns regarding the possibility of the conflict between the two powers worsening.

Dax and Kac down 1%, Putsy down 0.3%.

Wall Street futures also went down by over 0.4%.

12:55

Super Micro Computers announced yesterday evening to the US Securities and Exchange Commission (SEC) that it has submitted a “compliance” plan to comply with the requirements to avoid delisting from the NASDAQ stock exchange. The company stated that its plan demonstrates that it is on the right track to submit the late financial reports to the SEC within the time frame to be given to her by Nasdaq. Following the filing, yesterday in late trading, the company’s stock jumped about 40%, after an increase of about 16% during regular trading.

In the meantime, the Wall Street Journal reported that the company that manufactures servers based on artificial intelligence and cooperates with Nvidia also announced that it hired a new accountant, BDO, following the resignation of the previous accountants, Ernst & Young in October. The latter resigned following concerns raised in a report by the Hindberg Research company published in August, which pointed to accounting irregularities, violations of export regulations and dubious connections between the company’s executives and its partners.

10:43

Trading in Europe this morning follows a mixed trend with slight changes – DAX and KAC fall by 0.2%, POTSI rises by 0.3%.

08:48

In Asia there is a positive trend this morning, Nikkei rises by 0.5%, Shanghai by 0.2%, Hang Seng and Kospi rise by 0.4%. The gains are led by technology stocks following Wall Street yesterday. The focus this week is the interest rate decision in China and inflation in Japan.

The futures are up slightly by up to 0.2% in the leading indices.

Yesterday trading on Wall Street closed with a mixed trend. The Nasdaq rose 0.6%, the S&P 500 added 0.4%, and the Dow Jones fell 0.1%.

The day before reporting the third quarter report, Nvidia It fell about 1.3% following a report that the company’s Blackwell chips overheat when connected together in computer servers. In the field of artificial intelligence, connecting chips in huge servers is a critical factor.

● The report that all of Wall Street is waiting for: Nvidia will beat forecasts for the ninth time in a row?

stock Tesla Jumped about 5% following a report that President-elect Donald Trump’s transition team plans to make a federal framework for regulating autonomous vehicles one of the highest priorities of the US Department of Transportation. The support will make it easier for Tesla to implement the Robotaxis vision. Another one that jumped as a result is Maniyat Mobileye (10%).

Trump Media Donald Trump’s social media company, jumped about 15% after it was announced that it was in advanced talks to buy Bakkt, a digital currency trading platform. In response, Bakkt stock jumped 160%.

● WSJ | These stocks should be the perfect way to get exposure to Bitcoin. So why are they in the sky?

Super Micro Computer jumped by about 13%, after it was reported in Barron’s that the company is expected to present its annual reports soon, and will avoid delisting from trading on Nasdaq. In late trading, the company jumped by 40%, after it was published about the appointment of an independent accountant for the company and the submission of a “compliance” plan to Nasdaq. K.

The financial services platform Robin Hood Markets It jumped about 7% and reached a new 52-week high, after the Needham investment house upgraded their rating for the stock from “hold” to “buy”.

● At Morgan Stanley, two promising stocks are marked. One of them is expected to jump 660%

Bitcoin is still trading at high levels of about $91,500 per coin, slightly less than the record it set last week. in that micro-strategy announced yesterday that during the last week it purchased bitcoins in the amount of 4.6 billion dollars, according to an average price of 88,627 dollars per bitcoin, and now it holds 331,200 bitcoins.

US Macro: Rafi Gozlan, Chief Economist, IBI Investment House, wrote in his review that “the current macro environment in the US will make it difficult for Trump to repeat the policy he adopted in 2016, and this against a background of deficit, inflation and a higher interest rate environment. The current inflation environment Although it has moderated, it is still higher than the target, and the current rate of basic inflation, 3.3%, does not leave The Fed has a margin of safety against policy measures that will lead to a step up in inflation.”

Wall Street executives expect a “normal” and milder year for stocks in 2025 after a historic rise of more than 20% in the S&P 500. If the S&P 500 ends 2024 with a gain of more than 20%, it will be the first time the index has posted two gains Consecutive gains of 20% or more since the tech bubble of 1998-1999.

Brian Belsky, chief investment strategist at BMO Capital Markets, set a year-end target of 6,700 for the S&P 500 in 2025. Mike Wilson, chief investment officer at Morgan Stanley, set a 12-month target of 6,500 for the index, a 9.8% annual return 2025, which corresponds to the historical average yield of the index. Wilson’s 12-month target reflects an increase of about 11% in the index in the coming year.

“Clearly it’s time for the market to take a little rest,” Belsky wrote.

“Bull markets can, should and even must slow down from time to time. Such a period of digestion only emphasizes the health of the main bull market trend.” Belsky points out that “the historical pattern in bull markets shows that the returns in the third year are lower than the increases in the first two years and lower than the historical average of the index.”