2024/7/10 投資ネタ

UG
#DGX upgraded to Buy from Neutral at Citi at 165
-FY24のｱｯﾌﾟｻｲﾄﾞ
--利用率の安定/値上げ/効率化
#CVNA upgraded to Buy from Hold at Needham at 160
-販売台数増加/シェア拡大可能
--Eｺﾏ戦略の成功と未活用のｽﾍﾟｰｽの存在
-販売台数の増加はまだ織り込まれていない

DG
#WMG downgraded to Sell from Neutral at Redburn Atlantic at 23
-構造的困難有
-目標株価より25%高い
#SPOT downgraded to Sell from Neutral at Redburn Atlantic at 230
-期待が高すぎる
--EBIT成長率21%を2030まで織り込み
--値上げと新規顧客を過剰評価
#SMCI downgraded to Neutral from Buy at Nomura at 930
-ﾊﾞﾘｭｴｰｼｮﾝ
--期待値があがりﾋﾞｰﾄが困難に
--受注が不透明で売上ﾋﾞｰﾄが困難
#V downgraded to Neutral from Buy at BofA at 297
#MA downgraded to Neutral from Buy at BofA at 480
-ﾊﾞﾘｭｴｰｼｮﾝ
--堅調な消費者や2Hの加速は織込み済

個別株
#TSM TSMC Q2 revenue jumps on AI boost, handily beats market forecasts - Reuters
#MU Taiwan's DRAM maker Nanya Technology reported a Q2 revenue of NT$9.92 billion. Despite a 5% drop in sales volume, average selling prices rose 11%-13%, turning the gross margin positive at 2.9%.
#NVDA #TSM #AMD #DELL #INTC #SMCI IDC has "RASIED" its forecast for data center compute and storage spending through 2028. Q1 2024 saw $54.4B spent on compute and storage capacity, up 46% YoY.
#INTC #TSM #DELL #BBY ASUS and Acer reported strong June and Q2 sales due to new AI PC shipments.
ASUS saw a 30% monthly increase to NT$58.41B in June, hitting a 21-month high. Acer's revenue rose 33.4% to NT$28.20B, the highest in 24 months.
#AMD to Acquire Silo AI - SI
#COST COSTCO TO BOOST ANNUAL MEMBERSHIP FEES

TP関連
#AAPL Needham Raises PT to $260 from $220
-自社株買いを評価
-広告事業に力を入れれば更なるｱｯﾌﾟｻｲﾄﾞ有
#META TD Cowen Raises PT on Meta to $600 from $530
-FY24-29の見通し引き上げ
--ｻｰﾍﾞｲ/ad check：堅調なｴﾝｹﾞｰｼﾞﾒﾝﾄを示唆
--売上が11% CAGR達成 AIの恩恵
#GOOG TD Cowen Raises Price Target on Alphabet to $220
-Q2 ad checkで堅調な需要示唆
-YouTubeのシェア拡大
#AMZN TD Cowen Raises Price Target on Amazon to $245 from $225
-AWS/広告がけん引し予想通りの売上見込み
-営業利益が予想以上見込み
--粗利益の改善/効率化
#NFLX price target raised to $735 from $707 at KeyBanc
-10%の売上成長率/2-3%のﾏｰｼﾞﾝ拡大を達成可能
--競合の値上げ/低い解約率で更なる値上げ可能
#TSLA price target raised to $248 from $175 at Goldman Sachs
-EPS見通し引き上げ
--納車台数
-ﾏﾙﾁﾌﾟﾙ拡大
-FSD期待
#TSLA Tesla Energy valued as $183B business at Morgan Stanley
-ｽﾄﾚｰｼﾞの設置がAI需要の増加で再注目
#AAL #ULVV #LUV #SAVE preview by Barc
-Q2は国内線の需要/2Hの供給成長率の鈍化に注目
--客単価の鈍化/ｺｽﾄｲﾝﾌﾚなども焦点
#ARES #BX #KKR #NDAQ #HOOD #SCHW #CBOE #CME preview by Barc
-ﾌﾞﾛｰｶｰ/AM/証券取引所の環境は正常化
-IPOやMAなども復活
-PE/ﾌﾞﾛｰｶｰにﾎﾟｼﾞﾃｨﾌﾞ/取引所にﾈｶﾞﾃｨﾌﾞ
#BX price target lowered to $134 from $143 at Piper Sandler
-長期投資のフローは5月に59bln増え、AUMは4%MoM増加
#BMY #LLY #PFE #REGN preview by Barc
-PFE/LLY/MRKに強気、TBTXもFDAからの発表まで強い
-LLY/Mounharo/Zepboundが堅調
#HCA price target raised to $376 from $367 at Barclays
-preview
#OLN price target lowered to $69 from $73 at KeyBanc
-苛性ソーダの需要とﾌﾟﾗｲｼﾝｸﾞは改善もﾍﾟｰｽが想定より鈍い
#ISRG Citi ups Intuitive Surgical target, opens 'negative catalyst watch' at 512
-dV5の期待はやりすぎの可能性
#BAX #BDX #BSX #EW #MDT #ZBH
-ｸｵﾘﾃｨ選好は変わらず
#LW price target lowered to $104 from $106 at Citi
-ﾎﾞﾘｭｰﾑの鈍い回復は織込み済
-FY25の織込み完了待ち
#SNPS price target raised to $687 from $672 at Piper Sandler
-検証ﾂｰﾙが安定的に成長
--AI/ｸﾗｳﾄﾞ関連の追い風
#CL #PG price target raised by Citi
#NWL #CLX #TAP #COTY #EL price target lowered by Citi
-ドル高/国内での値上げ鈍化/ﾎﾞﾘｭｰﾑのわずかな改善
vs
-ｲﾝﾌﾚ対応での新興国での値上げ
#EQH #PRU #AFL #AMP TP raised and previewd by Jefferies
-米生保をめぐる環境がいい
#FND price target lowered to $115 from $130 at Truist
#MHK price target lowered to $135 from $140 at Truist
-LSDの販売数量減見込み
-住宅市場の改善見られず/大統領選も重石
#LULU price target lowered to $220 from $240 at Jefferies
-ﾌﾞﾗﾝﾄﾞﾓﾒﾝﾀﾑと小売向けの拡大を再加速する序盤

マクロ・債券
(米国)
US WHOLESALE INVENTORIES MOM REV. ACTUAL 0.6% (FORECAST 0.6%, PREVIOUS 0.6%)
US 10-YEAR NOTE HIGH YIELD ACTUAL 4.276% (FORECAST -, PREVIOUS 4.438%)
(欧州)

(その他)
JAPANESE PPI MOM ACTUAL 0.2% (FORECAST 0.4%, PREVIOUS 0.7%) $MACRO
China June
Annual CPI 0.2% [Est. 0.4% Prev. 0.3%]
Monthly CPI -0.2% [Est.-0.1% Prev. -0.1%]
Annual PPI -0.8% [Est. -0.8% Prev. -1.4%]
Monthly PPI -0.2% [Prev. 0.2%]
NEW ZEALAND CASH RATE ACTUAL 5.5% (FORECAST 5.5%, PREVIOUS 5.50%)
ＮＺ中銀、タカ派的スタンス後退で通貨下落－利下げ観測強まる
低迷続く中国株どうなる、共産党「３中総会」－注目すべき４つの点
BOE'S PILL: SERVICES PRICE INFLATION AND WAGE GROWTH CONTINUE TO POINT TO AN UNCOMFORTABLE STRENGTH IN UNDERLYING INFLATION DYNAMICS.
BOE'S MANN: THE SUPPLY SIDE OF THE ECONOMY IS GROWING VERY SLOWLY, I STILL SEE LABOUR MARKET TIGHTNESS.
UK RICS HOUSING SURVEY ACTUAL -17 (FORECAST -14.5, PREVIOUS -17)
コモ
EIA CRUDE OIL INVENTORIES ACTUAL -3.443M (FORECAST 1M, PREVIOUS -12.157M)