Today's Key News Review | Dolphin Research
0201 Dolphin Analyst Focus:
🐬 Macro/Industry
1. The Caixin Manufacturing PMI for China in January was 49.2, up slightly from 49 in the previous month, with a contraction for the sixth consecutive month, but at a rate of contraction for the month that was the smallest in five months. Confidence among enterprises for the next year continues to increase.
2. The ChatGPT concept continues to be hot, with many concept stocks in A-shares rising to limit up today. Microsoft announced plans to integrate it into full-stack products the day before. Today, there is news that Google is planning to launch an AI chatbot that is comparable to ChatGPT, tentatively named "Apprentice Bart".
3. General Secretary Xi Jinping stressed at the second collective study of the Political Bureau of the CPC Central Committee that efforts should be made to accelerate the pace of technological self-reliance and self-improvement, and to solve the problem of being "constrained" by foreign countries. In combination with rumors the day before about the Biden administration considering a complete ban on U.S. corporate investment in some high-tech sectors in China, the importance of comprehensive domestication in some high-tech fields has become increasingly apparent.
🐬 Individual Stocks
1. $SentinelOne.USentinelOne.USnap.US
Snap released its financial report last night, setting the tone for American social media companies, but the data was disappointing: fourth-quarter revenue was slightly lower than expected, marking the first quarter in the company's history in which revenue did not grow; it did not provide guidance for next quarter or full-year performance, but in its letter to investors, it "internally projected" that first-quarter revenue in 2023 would decline by 2% to 10%, significantly below market expectations and the first time Snap has projected a decline in quarterly performance. After the financial report was released, Snap fell more than 16% in after-hours trading on the U.S. stock market, followed closely by Meta, whose stock price fell more than 2% at one point. Tomorrow, you can pay attention to Dolphin Analyst's interpretation and analysis.
2. $SentinelOne.USentinelOne.USpotify.US
Spotify's fourth-quarter financial report exceeded expectations overall, with the stock price rising 7% before market open. A conference call thereafter released positive signals that revenue will grow strongly in 2023 and that future profit margins will progressively improve. This prompted the stock price to rally more than 12%. Dolphin Analyst has already released a brief comment today, which can be found in "Spotify Financial Report Brief Comment".
🐬 Leading Sectors
SH and SZ: Minor Metals, Passenger Cars, Animal Health II;
HKEX: Agricultural Products, Tobacco, Autos;
NYSE and NASDAQ: Railways, Residential Construction, Solar Energy.
🐬 Focus Tomorrow
1. The Federal Open Market Committee of the Federal Reserve will announce interest rate decisions.
2. Meta will release its financial report. Dolphin Analyst will provide interpretation and analysis.
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