2024/5/21 投資ネタ

UG
#DIS upgraded to Neutral at Redburn Atlantic on valuation ：ﾊﾞﾘｭｴｰｼｮﾝ
#GLBE upgraded to Overweight from Equal Weight at Morgan Stanley ：2Hのｶﾞｲﾀﾞﾝｽは達成可能/黒字化の前倒し/ｾﾙｵﾌを受けてﾊﾞﾘｭｴｰｼｮﾝも魅力的に
#HPQ upgraded to Equal Weight from Underweight at Barclays ：単価の下落が止まった/AI PCへの期待/2Hの見通し引下げﾘｽｸ有
#ZBH upgraded to Buy from Hold at Argus ：高齢化社会における膝関節の交換需要が追い風
DG
#NOVA downgraded to Neutral from Overweight at Piper Sandler ：cashburn止まらず、債務の崖超えれるか不明/ｺｽﾄｶｯﾄが必要
#PSTG downgraded to Equal Weight from Overweight at Barclays ：ﾊﾞﾘｭｴｰｼｮﾝ/AI期待とﾊｰﾄﾞﾃﾞｨｽｸの高官による増収は織込済
#TOST downgraded to Neutral from Outperform at Baird ：ﾊﾞﾘｭｴｰｼｮﾝ/ﾏｰｼﾞﾝ改善と共に高成長を維持するとは見ている

earnings
#LOW beats estimates, even as DIY consumers pull back
-(ﾋﾞｰﾄ)売上/EPS、SSS▲4.1%(取引▲3.1%/ﾁｹｯﾄ▲1%)
-(ﾐｽ)ｸﾞﾛｽﾏｰｼﾞﾝ、通期売上ｶﾞｲﾀﾞﾝｽ
-SSSはQ1程度の推移/ﾏｰｼﾞﾝも改善しない見込
-高価格商品の支出抑制継続/需要は今年は戻らない
-PRO向けやEコマは伸びる
#M tops expectations for the first quarter as luxury and beauty sales shine
-(ﾋﾞｰﾄ)売上/EPS/ｶﾞｲﾀﾞﾝｽ引上げ
-ｲﾝﾌﾚ圧力継続/顧客の裁量的支出抑制継続
-高級品は好調なまま
-ｸﾚｶの債務不履行率悪化
#TOL 2Q Profit Rises on Delivery Growth, Raises FY Guidance
-住宅価格+6.3%YoY/引き渡し件数YoY+6%で予想以上
-specを増やしaffordabilityをあげてｼｪｱ拡大
#URBN 1Q Profit Rises On Free People, Anthropologie Strength
-(ﾋﾞｰﾄ)売上/EPS
-SSS URBN▲14%/Antrho+10%/FP+17%

個別株
#NVDA
-ﾏﾙﾁﾌﾟﾙが10yr平均以下なので、決算ﾋﾞｰﾄで上を目指せる
-AMAZON HALTS ORDERS OF NVIDIA ‘SUPERCHIP’ TO AWAIT UPDATED MODEL: FT
#MU didn't update guidance at the JPM conference as expected, reaffirming prior comments on pricing.
#JPM
-buybackは200超のレベルでは行いわないがﾈｶﾞﾃｨﾌﾞ
-NII 1b上方修正/Q2のﾄﾚｰﾃﾞｨﾝｸﾞ収益/預金見込はﾎﾟｼﾞﾃｨﾌﾞ
#DELL
-ﾁｬﾈﾙﾁｪｯｸ：企業向けのｸﾗｳﾄﾞﾌﾟﾛﾊﾞｲﾀﾞｰがAI関連の市中尾増やす中でｼｪｱを増やしている
-AI向けのﾌﾗｯｼｭｽﾄﾚｰｼﾞ需要が高まる中でｼｪｱ増加
#QCOM
-Copilot+PCでQCOMﾁｯﾌﾟ採用で、AI PC市場でｼｪｱ拡大
#GPS positive catalyst watch by Citi
-Old NavyのSSSとﾏｰｼﾞﾝ拡大でQ1は大きくﾋﾞｰﾄ見込
-FY24の売上ｶﾞｲﾀﾞﾝｽは据え置くがEPSｶﾞｲﾀﾞﾝｽ上方修正
#VFC
-ﾁｬﾈﾙﾁｪｯｸで客足が弱く、EPSが回復しない
-既にﾎﾟｼﾞｼｮﾝは弱気なので、更なるﾀﾞｳﾝｻｲﾄﾞﾘｽｸは限定的

#PTON will launch a global refinancing, selling $275M of convertible senior notes due 2029 and entering into a $1B five-year term loan and a $100M five-year revolving credit facility.
#LI Auto has "POSTPONED" the launch of its all-electric SUVs to the first half of 2025, citing inadequate charging stations and other constraints.

マクロ・債券
(米国)
BOFA STUDY: PERCENTAGE OF AMERICAN WORKERS FEELING FINANCIALLY WELL RISES TO 47%
1 in 7 Gen Z credit card users are ‘maxed out’ via @MattEganCNN
(欧州)
German producer prices fall more than expected in April - Reuters
(その他)
CANADIAN CPI MOM ACTUAL 0.5% (FORECAST 0.5%, PREVIOUS 0.6%) $MACRO
CANADA CORE CPI (YOY) (APR) ACTUAL: 1.6% VS 2.0% PREVIOUS
コモ
(銅)
Outside recycling, boosting the supply pipeline cannot happen immediately, even with proper investment.
Long-term market fundamentals go as follows: tight mine supply and the lack of investment in new mines, growing demand from sectors like renewables, grid investment, and war, plus the need for AI-driven data centers means copper prices are on a one-way journey north.：タイトな供給、鉱山への投資不足、クリエネ、グリッド投資、データセンター向け需要の増加