Reported 3 months ago
Unified Futures provides, Chen Yuguang summarizes on July 17, 2024, at 4:10 pm. With the US earnings season approaching, many large technology companies will release their financial reports, injecting new momentum into the stock market. Tech stocks have been a key focus and influencing factor in the market due to the continuing popularity of AI. Given the importance of many Taiwanese tech giants in the US tech supply chain, the performance of US tech stocks also has a certain impact on Taiwan stocks. Investment institutions will focus on five major themes during this US earnings season: whether profit growth momentum will extend to other sectors, performance of various sectors, economic recovery prospects in mainland China, AI trends, and political risks. Key earnings releases for investors to pay attention to include ASML and Tesla on the 17th, TSMC analyst meeting and Netflix on the 18th, and next week's earnings from Microsoft, Google, Meta, Apple, Intel, and Amazon. Considering the overall market sentiment, since TSMC surpassed the thousand mark, its impact on the market has intensified, influencing the index by about 40 points per tick. Therefore, the focus of TSMC's analyst meeting on future financial forecasts will be critical in shaping the market trends in the coming days. Investors can utilize trading in Nasdaq and Phi Semi Index Futures, or consider direct trading in Taiwan Futures Exchange's Semiconductor 30 Futures, which diversifies component stock weights to evenly reflect the performance of representative companies.
Source: YAHOO