{"id":43484,"date":"2024-05-03T07:06:00","date_gmt":"2024-05-02T23:06:00","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=43484"},"modified":"2024-05-03T17:30:34","modified_gmt":"2024-05-03T09:30:34","slug":"technical-analysis-3-may-2024","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-3-may-2024\/","title":{"rendered":"Technical Analysis &#8211; 3 May 2024"},"content":{"rendered":"\n<p class=\"has-cyan-bluish-gray-background-color has-background wp-block-paragraph\" id=\"top\"><a href=\"#us\">United States<\/a> |<a href=\"#sg\"> Singapore<\/a> |<a href=\"#hk\"> Hong Kong<\/a> |<a href=\"#ea\"> Earnings<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"us\"><img fetchpriority=\"high\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-54.png\" class=\"wp-image-15016\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-54.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-54-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-43484-_xm2fxehxc8yx\"><\/a>Boeing, Inc. (BA US) <img decoding=\"async\" width=\"2489\" height=\"1350\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-14.png\" class=\"wp-image-43602\" alt=\"A graph of stock market\n\nDescription automatically generated with medium confidence\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-14.png 2489w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-14-300x163.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-14-1024x555.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-14-768x417.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-14-1536x833.png 1536w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-14-2048x1111.png 2048w\" sizes=\"(max-width: 2489px) 100vw, 2489px\" \/><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Shares closed higher above the 20dEMA with constructive volume. 5dEMA is about to cross the 20dEMA. \n  <\/li><li>\n    MACD is positive, RSI is constructive.\n  <\/li><li><strong>Long \u2013 Entry 177, Target 193, Stop 169<\/strong>\n  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-49.png\" alt=\"\" class=\"wp-image-43603\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-49.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-49-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-43484-_veogc3e8gewd\"><\/a>Ambarella, Inc. (AMBA US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2489\" height=\"1350\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-15.png\" alt=\"A graph of stock market\n\nDescription automatically generated with medium confidence\" class=\"wp-image-43604\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-15.png 2489w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-15-300x163.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-15-1024x555.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-15-768x417.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-15-1536x833.png 1536w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-15-2048x1111.png 2048w\" sizes=\"(max-width: 2489px) 100vw, 2489px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Shares closed higher above the 20dEMA with constructive volume. 5dEMA is about to cross the 20dEMA\n  <\/li><li>\n    MACD is positive, RSI is constructive.\n  <\/li><li><strong>Long \u2013 Entry 46.3, Target 50.3, Stop 44.3<\/strong>\n  <\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-7.png\" alt=\"\" class=\"wp-image-43467\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-7.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-7-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"sg\"><a id=\"post-43427-_q3z2pzaup3mw\"><\/a><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" class=\"wp-image-43468\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-8.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-8.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-8-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-43484-_4v935amthnu1\"><\/a>NIO Inc (NIO SP)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1536\" height=\"883\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-10.png\" alt=\"A graph of stock market\n\nDescription automatically generated with medium confidence\" class=\"wp-image-43496\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-10.png 1536w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-10-300x172.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-10-1024x589.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-10-768x442.png 768w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Shares closed above the 50dEMA with a jump in volume.\n  <\/li><li>\n    Both RSI and MACD are constructive.\n  <\/li><li><strong>Long \u2013 Entry 5.37, Target 5.73, Stop 5.19<\/strong>\n  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-14.png\" alt=\"\" class=\"wp-image-43497\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-14.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-14-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-43484-_69a0g3lz0tw\"><\/a>SIA Engineering Co Ltd (SIE SP)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1536\" height=\"883\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-11.png\" alt=\"A graph of stock market\n\nDescription automatically generated\" class=\"wp-image-43498\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-11.png 1536w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-11-300x172.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-11-1024x589.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-11-768x442.png 768w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Shares closed above the 50dEMA with rising volume. The 5dEMA touched the 50dEMA.\n  <\/li><li>\n    Both RSI and MACD are constructive.\n  <\/li><li><strong>Long \u2013 Entry 2.26, Target 2.38, Stop 2.20<\/strong>\n  <\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">^ Back To Top<\/a> <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-15.png\" alt=\"\" class=\"wp-image-43499\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-15.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-15-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"hk\"><a id=\"post-43484-_ox2yqx6nkukc\"><\/a><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-16.png\" class=\"wp-image-43500\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-16.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-16-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-43484-_bb5o6qnt6epo\"><\/a>Standard Chartered PLC (2888 HK)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1536\" height=\"883\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-12.png\" alt=\"A graph of stock market\n\nDescription automatically generated\" class=\"wp-image-43501\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-12.png 1536w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-12-300x172.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-12-1024x589.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-12-768x442.png 768w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Shares closed at a 6-month high above the 5dEMA with a surge in volume.\n  <\/li><li>\n    MACD is constructive, while RSI is at an overbought level.\n  <\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 69.6, Target 74.8, Stop 67.0<\/strong>\n  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-line-in-a-white-background-description-automati-2.png\" alt=\"A line in a white background\n\nDescription automatically generated\" class=\"wp-image-43502\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-line-in-a-white-background-description-automati-2.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-line-in-a-white-background-description-automati-2-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">ASMPT Ltd (522 HK) <\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1536\" height=\"883\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-13.png\" alt=\"A graph of stock market\n\nDescription automatically generated with medium confidence\" class=\"wp-image-43503\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-13.png 1536w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-13-300x172.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-13-1024x589.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/a-graph-of-stock-market-description-automatically-13-768x442.png 768w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Shares closed above the 20dEMA with an increase in volume. The 5dEMA is about to cross the 20dEMA.\n  <\/li><li>\n    RSI is constructive, while MACD is about to turn positive.\n  <\/li><li><strong>Long \u2013 Entry 100.0, Target 108.8, Stop 95.6<\/strong>\n  <\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-12.png\" alt=\"\" class=\"wp-image-43477\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-12.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-12-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\" id=\"ea\"><img loading=\"lazy\" decoding=\"async\" width=\"601\" height=\"108\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-13.png\" alt=\"\" class=\"wp-image-43478\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-13.png 601w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/05\/word-image-13-300x54.png 300w\" sizes=\"(max-width: 601px) 100vw, 601px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Novo Nordisk A\/S (NVO)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>DKK65.35B, +22.4% YoY\u00a0<\/li><li><strong>1Q24 GAAP EPADR: <\/strong>DKK5.68\u00a0<\/li><li><strong>FY24 Guidance:<\/strong> Expect sales growth to be to be 19%-27% at CER, and operating profit growth is now expected to be 22%-30% at CER. Growth reported in Danish Kroner is now expected to be in line with CER growth for both sales and operating profit. The effective tax rate for 2024 is still expected to be in the range of 19%-21%. Capital expenditure is still expected to be around DKK 45B in 2024. The free cash flow is now expected to be DKK 57B-67B. Depreciation, amortisation and impairment losses are still expected to be around DKK 10B.\u00a0<\/li><li><strong>Comment:<\/strong> Novo Nordisk reported better-than-expected Q1 profits, with strong demand for Wegovy but lower-than-expected sales. The company revised its 2024 outlook upwards, driven by efforts to increase production of its weight-loss treatment Wegovy, though price cuts due to competition from Eli Lilly impacted its shares. Despite ongoing supply challenges, Novo anticipates significant sales and profit growth this year, fuelled by expanding market reach and enhanced production capacity. Eli Lilly, Novo\u2019s competitor, is also expanding its manufacturing capacity for its obesity treatment, which will impact net pricing of Wegovy and Ozempic in the US. However, with Novo gradually increasing its supply of lower strengthen Wegovy doses in the US, to meet the high demands, more patients are able to start on their weekly injection treatment. <strong>2Q24 recommended trading range: $115 to $140. Positive Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u8bfa\u548c\u8bfa\u5fb7<\/strong><strong>(NVO)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>653.5\u4ebf\u4e39\u9ea6\u514b\u6717\uff0c\u540c\u6bd4\u589e\u5e4522.4%\u00a0<\/li><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63GAAP\u6bcf\u80a1<\/strong><strong>\u76c8\u5229<\/strong>\uff1a5.68\u4e39\u9ea6\u514b\u6717\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u6307\u5f15<\/strong><strong>\uff1a<\/strong>\u9884\u8ba1\u9500\u552e\u989d\u589e\u957f\u7387\u4e3a19%\u81f327%\uff0c\u8425\u4e1a\u5229\u6da6\u589e\u957f\u7387\u4e3a22%\u81f330%\u3002\u4ee5\u4e39\u9ea6\u514b\u6717\u8ba1\u7b97\u7684\u589e\u957f\u9884\u8ba1\u5c06\u4e0e\u6309\u4e0d\u53d8\u5229\u7387\u9500\u552e\u548c\u8425\u4e1a\u5229\u6da6\u7684\u589e\u957f\u4fdd\u6301\u4e00\u81f4\u3002\u9884\u8ba12024\u5e74\u7684\u6709\u6548\u7a0e\u7387\u4ecd\u5c06\u572819%\u81f321%\u4e4b\u95f4\u30022024\u5e74\u7684\u8d44\u672c\u652f\u51fa\u9884\u8ba1\u4ecd\u5c06\u5728450\u4ebf\u4e39\u9ea6\u514b\u6717\u5de6\u53f3\u3002\u81ea\u7531\u73b0\u91d1\u6d41\u76ee\u524d\u9884\u8ba1\u4e3a570\u4ebf\u81f3670\u4ebf\u4e39\u9ea6\u514b\u6717\u3002\u6298\u65e7\u3001\u644a\u9500\u548c\u51cf\u503c\u635f\u5931\u9884\u8ba1\u4ecd\u5728100\u4ebf\u4e39\u9ea6\u514b\u6717\u5de6\u53f3\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>\u8bfa\u548c\u8bfa\u5fb7\u516c\u5e03\u7684\u7b2c\u4e00\u5b63\u5ea6\u5229\u6da6\u597d\u4e8e\u9884\u671f\uff0cWegovy\u9700\u6c42\u5f3a\u52b2\uff0c\u4f46\u9500\u552e\u989d\u4f4e\u4e8e\u9884\u671f\u3002\u7531\u4e8e\u52aa\u529b\u589e\u52a0\u5176\u51cf\u80a5\u836f\u7269Wegovy\u7684\u4ea7\u91cf\uff0c\u8be5\u516c\u53f8\u4e0a\u8c03\u4e862024\u5e74\u7684\u9884\u671f\uff0c\u5c3d\u7ba1\u7531\u4e8e\u6765\u81ea\u793c\u6765\u7684\u7ade\u4e89\u800c\u5bfc\u81f4\u7684\u4ef7\u683c\u4e0b\u8c03\u5f71\u54cd\u4e86\u5176\u80a1\u4ef7\u3002\u5c3d\u7ba1\u6301\u7eed\u7684\u4f9b\u5e94\u6311\u6218\uff0cNovo\u9884\u8ba1\u4eca\u5e74\u7684\u9500\u552e\u989d\u548c\u5229\u6da6\u5c06\u663e\u8457\u589e\u957f\uff0c\u4e3b\u8981\u5f97\u76ca\u4e8e\u6269\u5927\u5e02\u573a\u8986\u76d6\u8303\u56f4\u548c\u63d0\u9ad8\u4ea7\u80fd\u3002\u8bfa\u548c\u7684\u7ade\u4e89\u5bf9\u624b\u793c\u6765\u4e5f\u5728\u6269\u5927\u5176\u80a5\u80d6\u6cbb\u7597\u836f\u7269\u7684\u751f\u4ea7\u80fd\u529b\uff0c\u8fd9\u5c06\u5f71\u54cdWegovy\u548cOzempic\u5728\u7f8e\u56fd\u7684\u51c0\u5b9a\u4ef7\u3002\u7136\u800c\uff0c\u968f\u7740\u516c\u53f8\u9010\u6e10\u589e\u52a0\u5176\u5728\u7f8e\u56fd\u4f4e\u5f3a\u5ea6Wegovy\u5242\u91cf\u7684\u4f9b\u5e94\uff0c\u4ee5\u6ee1\u8db3\u9ad8\u9700\u6c42\uff0c\u66f4\u591a\u7684\u60a3\u8005\u80fd\u591f\u5f00\u59cb\u6bcf\u5468\u6ce8\u5c04\u6cbb\u7597\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>115<\/strong><strong>\u7f8e\u81f3<\/strong><strong>140<\/strong><strong>\u7f8e\u5143\u3002\u79ef\u6781\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Apple Inc (AAPL)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>2Q24 Revenue: <\/strong>$90.8B, -4.3% YoY, beat estimates by $190M\u00a0<\/li><li><strong>2Q24 GAAP EPS: <\/strong>$1.53, beat estimates by $0.03\u00a0<\/li><li><strong>FY24 Guidance: <\/strong>No guidance provided.\u00a0<\/li><li><strong>Dividend:<\/strong> Apple\u2019s board of directors has declared a cash dividend of $0.25 per share of the Company\u2019s common stock, an increase of 4%. The dividend is payable on 16 May 2024 to shareholders of record.\u00a0<\/li><li><strong>Share repurchase:<\/strong> The board of directors authorized an additional program to repurchase up to $110bn of the Company\u2019s common stock.\u00a0<\/li><li><strong>Comment:<\/strong> Apple\u2019s quarterly results surpassed expectations, boasting a profit of US$23.6bn. The company also announced a record share buyback program of an additional US$110bn and increased its cash dividend by 4%. While quarterly revenue saw a slight decline, Apple\u2019s CEO remains confident in revenue growth for the current quarter. Despite challenges in the smartphone market, particularly from China, iPhone sales reached US$45.7bn, reflecting a 10.5% YoY decline, slightly below analysts\u2019 expectations of US$46bn. Excluding a one-time US$5bn surge in sales in 2Q23 due to supply chain issues, iPhone sales only experienced a marginal decline YoY. Apple anticipates growth in services and iPad revenue for the current quarter, with services segment sales exceeding analyst forecasts at US$23.87bn and Mac sales reaching US$7.5bn, surpassing estimates of US$6.86bn. Despite competition and regulatory pressures, Apple\u2019s massive share buyback aims to garner investor trust and buy time for future developments, including investments in generative AI. <strong>3Q24 recommended trading range: $175 to $195. Positive Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u82f9\u679c<\/strong><strong>(AAPL)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c<\/strong><strong>\u4e8c\u5b63\u8425\u6536<\/strong><strong>\uff1a<\/strong>908\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u8dcc\u5e454.3%\uff0c\u8d85\u9884\u671f1.9\u4ebf\u7f8e\u5143\u00a0<\/li><li><strong>24\u8d22\u5e74\u7b2c<\/strong><strong>\u4e8c\u5b63<\/strong><strong>GAAP<\/strong><strong>\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a1.53\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.03\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u4e0d\u63d0\u4f9b\u6307\u5f15\u3002\u00a0<\/li><li><strong>\u80a1\u606f<\/strong><strong>\uff1a<\/strong>\u82f9\u679c\u8463\u4e8b\u4f1a\u5ba3\u5e03\u5411\u80a1\u4e1c\u6d3e\u53d1\u6bcf\u80a1\u666e\u901a\u80a10.25\u7f8e\u5143\u7684\u73b0\u91d1\u80a1\u606f\uff0c\u589e\u5e45\u4e3a4%\u3002\u80a1\u606f\u4e8e2024\u5e745\u670816\u65e5\u652f\u4ed8\u7ed9\u8bb0\u5f55\u5728\u6848\u7684\u80a1\u4e1c\u3002\u00a0<\/li><li><strong>\u80a1\u7968\u56de\u8d2d<\/strong><strong>\uff1a<\/strong>\u8463\u4e8b\u4f1a\u6388\u6743\u4e86\u4e00\u9879\u989d\u5916\u7684\u8ba1\u5212\uff0c\u4ee5\u56de\u8d2d\u516c\u53f8\u9ad8\u8fbe1,100\u4ebf\u7f8e\u5143\u7684\u666e\u901a\u80a1\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>\u82f9\u679c\u516c\u53f8\u7684\u5b63\u5ea6\u4e1a\u7ee9\u8d85\u51fa\u9884\u671f\uff0c\u5229\u6da6\u8fbe\u5230236\u4ebf\u7f8e\u5143\u3002\u8be5\u516c\u53f8\u8fd8\u5ba3\u5e03\u4e86\u4e00\u9879\u989d\u59161,100\u4ebf\u7f8e\u5143\u7684\u521b\u7eaa\u5f55\u80a1\u7968\u56de\u8d2d\u8ba1\u5212\uff0c\u5e76\u5c06\u73b0\u91d1\u80a1\u606f\u63d0\u9ad8\u4e864%\u3002\u867d\u7136\u5b63\u5ea6\u6536\u5165\u7565\u6709\u4e0b\u964d\uff0c\u4f46\u82f9\u679c\u9996\u5e2d\u6267\u884c\u5b98\u5bf9\u5f53\u524d\u5b63\u5ea6\u7684\u6536\u5165\u589e\u957f\u4ecd\u5145\u6ee1\u4fe1\u5fc3\u3002\u5c3d\u7ba1\u667a\u80fd\u624b\u673a\u5e02\u573a\u9762\u4e34\u6311\u6218\uff0c\u5c24\u5176\u662f\u6765\u81ea\u4e2d\u56fd\u7684\u6311\u6218\uff0c\u4f46iPhone\u7684\u9500\u552e\u989d\u8fbe\u5230457\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u4e0b\u964d10.5%\uff0c\u7565\u4f4e\u4e8e\u5206\u6790\u5e08460\u4ebf\u7f8e\u5143\u7684\u9884\u671f\u3002\u9664\u53bb\u4f9b\u5e94\u94fe\u95ee\u9898\u5bfc\u81f4\u768423\u5e74\u7b2c\u4e8c\u5b63\u5ea650\u4ebf\u7f8e\u5143\u7684\u4e00\u6b21\u6027\u9500\u552e\u989d\u6fc0\u589e\uff0ciPhone\u7684\u9500\u552e\u989d\u540c\u6bd4\u4ec5\u7565\u6709\u4e0b\u964d\u3002\u82f9\u679c\u9884\u8ba1\uff0c\u672c\u5b63\u5ea6\u670d\u52a1\u548ciPad\u7684\u6536\u5165\u5c06\u51fa\u73b0\u589e\u957f\uff0c\u670d\u52a1\u90e8\u95e8\u7684\u9500\u552e\u989d\u5c06\u8d85\u8fc7\u5206\u6790\u5e08\u7684\u9884\u6d4b\uff0c\u8fbe\u5230238.7\u4ebf\u7f8e\u5143\uff0cMac\u7684\u9500\u552e\u989d\u5c06\u8fbe\u523075\u4ebf\u7f8e\u5143\uff0c\u8d85\u8fc768.6\u4ebf\u7f8e\u5143\u7684\u9884\u671f\u3002\u5c3d\u7ba1\u9762\u4e34\u7ade\u4e89\u548c\u76d1\u7ba1\u538b\u529b\uff0c\u82f9\u679c\u5927\u89c4\u6a21\u56de\u8d2d\u80a1\u7968\u7684\u76ee\u7684\u662f\u8d62\u5f97\u6295\u8d44\u8005\u7684\u4fe1\u4efb\uff0c\u4e3a\u672a\u6765\u7684\u53d1\u5c55\u4e89\u53d6\u65f6\u95f4\uff0c\u5305\u62ec\u5bf9\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\u7684\u6295\u8d44\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e09\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>175<\/strong><strong>\u7f8e\u81f3<\/strong><strong>195<\/strong><strong>\u7f8e\u5143\u3002\u79ef\u6781\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Coinbase Global Inc (COIN)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$1.64B, +112.3%YoY, beat estimates by $300M\u00a0<\/li><li><strong>1Q24 GAAP EPS: <\/strong>$4.40, beat estimates by $3.33\u00a0<\/li><li><strong>FY24 Guidance: <\/strong>No guidance provided.\u00a0<\/li><li><strong>Comment:<\/strong> Coinbase Global reported a significant turnaround in its first-quarter earnings, swinging from a loss of US$79mn a year ago to a profit of US$1.2bn, or US$4.84 per share. This surge in profitability was driven by increased cryptocurrency trading, spurred by the launch of the first US listed exchange traded funds (ETFs) tracking bitcoin in January. Despite the strong report, analysts and investors are concerned about potential decreases in trading volumes amid downward movements in bitcoin prices. The company benefited from its role as custodian for several spot bitcoin ETFs, including BlackRock\u2019s iShares Bitcoin Trust, which contributed to renewed investor enthusiasm in digital assets. Coinbase\u2019s trading volumes in the first quarter reached US$312bn, up from US$145bn a year earlier. The company\u2019s interest income also saw a significant boost, reaching US$66.7mn in the first quarter compared to US$43.3mn the year prior, driven by higher interest rates and increased interest from reserves in USD Coin (USDC). Coinbase\u2019s CEO credited Coinbase\u2019s low cost structure and continued innovation for its success. Looking ahead Coinbase will continue to benefit from the high interest rates to boost its interest income as it is expected to remain higher for longer, with no signs of a rate cut in the coming month. <strong>2Q24 recommended trading range: $200 to $270. Positive Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Coinbase \u5168\u7403(COIN)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c<\/strong><strong>\u4e00\u5b63\u8425\u6536\uff1a<\/strong>16.4\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u5e45112.3%\uff0c\u8d85\u9884\u671f3\u4ebf\u7f8e\u5143\u00a0<\/li><li><strong>24\u8d22\u5e74\u7b2c<\/strong><strong>\u4e00\u5b63GAAP\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a4.40\u7f8e\u5143\uff0c\u8d85\u9884\u671f3.33\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u4e0d\u63d0\u4f9b\u6307\u5f15\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>Coinbase \u5168\u7403\u62a5\u544a\u79f0\uff0c\u5176\u7b2c\u4e00\u5b63\u5ea6\u6536\u76ca\u51fa\u73b0\u4e86\u91cd\u5927\u8f6c\u53d8\uff0c\u4ece\u4e00\u5e74\u524d\u7684\u4e8f\u635f7,900\u4e07\u7f8e\u5143\u8f6c\u53d8\u4e3a\u76c8\u522912\u4ebf\u7f8e\u5143\uff0c\u5408\u6bcf\u80a14.84\u7f8e\u5143\u3002\u4eca\u5e741\u6708\uff0c\u9996\u6279\u8ffd\u8e2a\u6bd4\u7279\u5e01\u7684\u7f8e\u56fd\u4e0a\u5e02ETF\u7684\u63a8\u51fa\uff0c\u523a\u6fc0\u4e86\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u7684\u589e\u52a0\uff0c\u63a8\u52a8\u4e86\u76c8\u5229\u80fd\u529b\u7684\u98d9\u5347\u3002\u5c3d\u7ba1\u62a5\u544a\u8868\u73b0\u5f3a\u52b2\uff0c\u4f46\u5206\u6790\u5e08\u548c\u6295\u8d44\u8005\u62c5\u5fc3\uff0c\u968f\u7740\u6bd4\u7279\u5e01\u4ef7\u683c\u4e0b\u8dcc\uff0c\u4ea4\u6613\u91cf\u53ef\u80fd\u4f1a\u51cf\u5c11\u3002\u8be5\u516c\u53f8\u53d7\u76ca\u4e8e\u5176\u4f5c\u4e3a\u51e0\u53ea\u73b0\u8d27\u6bd4\u7279\u5e01ETF\uff08\u5305\u62ec\u8d1d\u83b1\u5fb7\u7684iShares\u6bd4\u7279\u5e01\u4fe1\u6258\u57fa\u91d1\uff09\u6258\u7ba1\u4eba\u7684\u89d2\u8272\uff0c\u8fd9\u6709\u52a9\u4e8e\u91cd\u632f\u6295\u8d44\u8005\u5bf9\u6570\u5b57\u8d44\u4ea7\u7684\u70ed\u60c5\u3002Coinbase\u7b2c\u4e00\u5b63\u5ea6\u7684\u4ea4\u6613\u91cf\u8fbe\u52303,120\u4ebf\u7f8e\u5143\uff0c\u9ad8\u4e8e\u53bb\u5e74\u540c\u671f\u76841,450\u4ebf\u7f8e\u5143\u3002\u8be5\u516c\u53f8\u7684\u5229\u606f\u6536\u5165\u4e5f\u51fa\u73b0\u4e86\u663e\u8457\u589e\u957f\uff0c\u7b2c\u4e00\u5b63\u5ea6\u8fbe\u52306,670\u4e07\u7f8e\u5143\uff0c\u800c\u53bb\u5e74\u540c\u671f\u4e3a4,330\u4e07\u7f8e\u5143\uff0c\u8fd9\u4e3b\u8981\u5f97\u76ca\u4e8e\u5229\u7387\u4e0a\u5347\u548c\u7f8e\u5143\u5e01\u50a8\u5907\u5229\u606f\u7684\u589e\u52a0\u3002Coinbase\u7684\u9996\u5e2d\u6267\u884c\u5b98\u5c06\u5176\u6210\u529f\u5f52\u529f\u4e8e\u4f4e\u6210\u672c\u7ed3\u6784\u548c\u6301\u7eed\u521b\u65b0\u3002\u5c55\u671b\u672a\u6765\uff0cCoinbase\u5c06\u7ee7\u7eed\u53d7\u76ca\u4e8e\u9ad8\u5229\u7387\uff0c\u4ee5\u63d0\u9ad8\u5176\u5229\u606f\u6536\u5165\uff0c\u56e0\u4e3a\u9884\u8ba1\u5b83\u5c06\u5728\u66f4\u957f\u65f6\u95f4\u5185\u4fdd\u6301\u8f83\u9ad8\u6c34\u5e73\uff0c\u800c\u672a\u6765\u4e00\u4e2a\u6708\u6ca1\u6709\u964d\u606f\u7684\u8ff9\u8c61\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>200<\/strong><strong>\u7f8e\u81f3<\/strong><strong>270<\/strong><strong>\u7f8e\u5143\u3002\u79ef\u6781\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Block Inc (SQ)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$5.96B, +19.4% YoY, beat estimates by $140M.\u00a0<\/li><li><strong>1Q24 Non-GAAP EPS: <\/strong>$0.85, beat estimates by $0.12\u00a0<\/li><li><strong>FY24 Guidance: <\/strong>No guidance provided.\u00a0<\/li><li><strong>Comment:<\/strong> Block exceeded analysts\u2019 expectations in its first-quarter earnings report. The company reported adjusted earnings per share of US$0.85, surpassing the estimated US$0.72, and revenue of US$5.96bn, higher than the expected US$5.82bn. Gross profit reached US$2.09bn, up 22% YoY. Net income quadrupled to US$472mn, compared to US$98.3mn a year earlier. The Cash App business saw significant growth, with gross profit reaching US$1.26bn, and monthly active users for the Cash App Card rising to 24mn in March. Despite ongoing scrutiny and a federal probe into compliance practices, Block remains optimistic about its performance and future prospects. Its CEO addressed concerns about the company\u2019s focus on Bitcoin, stating that less than 3% of resources are dedicated to Bitcoin-related projects. Block plans to invest 10% of gross profit from bitcoin products into purchasing bitcoin for investment. Despite recent challenges, including layoffs and regulatory investigations, Block is raising its outlook for the year to reflect its strong performance in the first quarter and aims to integrate its Afterpay company into its operations. <strong>2Q24 recommended trading range: $70 to $90. Positive Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Block (SQ)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>59.6\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u5e4519.4%\uff0c\u8d85\u9884\u671f1.4\u4ebf\u7f8e\u5143\u00a0<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a0.85\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.12\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u4e0d\u63d0\u4f9b\u6307\u5f15\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>Block\u5728\u7b2c\u4e00\u5b63\u5ea6\u7684\u6536\u76ca\u62a5\u544a\u4e2d\u8d85\u51fa\u4e86\u5206\u6790\u5e08\u7684\u9884\u671f\u3002\u8be5\u516c\u53f8\u62a5\u544a\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u4e3a0.85\u7f8e\u5143\uff0c\u8d85\u8fc7\u9884\u671f\u76840.72\u7f8e\u5143\uff0c\u6536\u5165\u4e3a59.6\u4ebf\u7f8e\u5143\uff0c\u9ad8\u4e8e\u9884\u671f\u768458.2\u4ebf\u7f8e\u5143\u3002\u6bdb\u5229\u6da6\u8fbe\u523020.9\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f22%\u3002\u51c0\u5229\u6da6\u7ffb\u4e86\u4e24\u756a\uff0c\u8fbe\u52304.72\u4ebf\u7f8e\u5143\uff0c\u800c\u53bb\u5e74\u540c\u671f\u4e3a9,830\u4e07\u7f8e\u5143\u3002\u73b0\u91d1\u5e94\u7528\u4e1a\u52a1\u5927\u5e45\u589e\u957f\uff0c\u6bdb\u5229\u6da6\u8fbe\u523012.6\u4ebf\u7f8e\u5143\uff0c\u73b0\u91d1\u5e94\u7528\u5361\u7684\u6708\u6d3b\u8dc3\u7528\u6237\u57283\u6708\u4efd\u4e0a\u5347\u81f32400\u4e07\u3002\u5c3d\u7ba1\u6b63\u5728\u8fdb\u884c\u5ba1\u67e5\uff0c\u8054\u90a6\u653f\u5e9c\u4e5f\u5728\u8c03\u67e5\u5408\u89c4\u884c\u4e3a\uff0c\u4f46\u5e03\u6d1b\u514b\u5bf9\u5176\u4e1a\u7ee9\u548c\u672a\u6765\u524d\u666f\u4ecd\u6301\u4e50\u89c2\u6001\u5ea6\u3002\u8be5\u516c\u53f8\u9996\u5e2d\u6267\u884c\u5b98\u5bf9\u516c\u53f8\u5bf9\u6bd4\u7279\u5e01\u7684\u5173\u6ce8\u8868\u793a\u62c5\u5fe7\uff0c\u79f0\u53ea\u6709\u4e0d\u52303%\u7684\u8d44\u6e90\u4e13\u95e8\u7528\u4e8e\u6bd4\u7279\u5e01\u76f8\u5173\u9879\u76ee\u3002Block\u8ba1\u5212\u5c06\u6bd4\u7279\u5e01\u4ea7\u54c1\u6bdb\u5229\u6da6\u768410%\u7528\u4e8e\u8d2d\u4e70\u6bd4\u7279\u5e01\u8fdb\u884c\u6295\u8d44\u3002\u5c3d\u7ba1\u6700\u8fd1\u9762\u4e34\u88c1\u5458\u548c\u76d1\u7ba1\u8c03\u67e5\u7b49\u6311\u6218\uff0cBlock\u4ecd\u63d0\u9ad8\u4e86\u4eca\u5e74\u7684\u9884\u671f\uff0c\u4ee5\u53cd\u6620\u5176\u7b2c\u4e00\u5b63\u5ea6\u7684\u5f3a\u52b2\u8868\u73b0\uff0c\u5e76\u8ba1\u5212\u5c06\u65d7\u4e0b\u7684Afterpay\u516c\u53f8\u6574\u5408\u5230\u5176\u8fd0\u8425\u4e2d\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>70<\/strong><strong>\u7f8e\u81f3<\/strong><strong>90<\/strong><strong>\u7f8e\u5143\u3002\u79ef\u6781\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Draftkings Inc (DKNG)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$1.18B, +53.2% YoY, beat estimates by $60M\u00a0<\/li><li><strong>1Q24 Non-GAAP EPS: <\/strong>$0.03, beat estimates by $0.14\u00a0<\/li><li><strong>FY24 Guidance: <\/strong>Raise the midpoint of its FY24 revenue guidance to $4.9B from $4.775B vs $4.82B consensus and the midpoint of our Adjusted EBITDA guidance to $500M from $460M as a result of excellent first quarter results and improved outlook on customer acquisition and engagement for the rest of 2024.\u00a0<\/li><li><strong>Comment:<\/strong> DraftKings surpassed analysts\u2019 estimates in its Q1 earnings report and raised its revenue guidance. Revenue surged by 53% YoY to US$1.18bn, driven by robust customer engagement, efficient acquisition of new customers, and expansion into new jurisdictions for its sportsbook product. The company\u2019s monthly unique paying customers increased to 3.4mn, with average revenue per MUP up by 25% YoY. DraftKings reported adjusted EBITDA of US$22.4mn and adjusted EPS of US$0.03. Looking ahead, DraftKings raised its 2024 revenue guidance to a midpoint of US$4.9bn, reflecting the introduction of legislation in nine jurisdictions for mobile sports betting legalization, representing around 11% of the US population. <strong>2Q24 recommended trading range: $40 to $50. Positive Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Draftkings (DKNG)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>11.8\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u5e4553.2%\uff0c\u8d85\u9884\u671f6,000\u4e07\u7f8e\u5143\u00a0<\/li><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a0.03\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.14\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u5c06\u517624\u8d22\u5e74\u6536\u5165\u6307\u5bfc\u7684\u4e2d\u70b9\u4ece47.75\u4ebf\u7f8e\u5143\u63d0\u9ad8\u523049\u4ebf\u7f8e\u5143\uff0c\u800c\u5e02\u573a\u9884\u671f\u4e3a48.2\u4ebf\u7f8e\u5143\uff0c\u8c03\u6574\u540eEBITDA\u6307\u5bfc\u7684\u4e2d\u70b9\u4ece4.6\u4ebf\u7f8e\u5143\u63d0\u9ad8\u52305\u4ebf\u7f8e\u5143\uff0c\u8fd9\u662f\u7531\u4e8e\u7b2c\u4e00\u5b63\u5ea6\u4e1a\u7ee9\u51fa\u8272\uff0c\u4ee5\u53ca2024\u5e74\u5269\u4f59\u65f6\u95f4\u5ba2\u6237\u83b7\u53d6\u548c\u53c2\u4e0e\u524d\u666f\u6539\u5584\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>DraftKings\u5728\u5176\u7b2c\u4e00\u5b63\u5ea6\u6536\u76ca\u62a5\u544a\u4e2d\u8d85\u8fc7\u4e86\u5206\u6790\u5e08\u7684\u9884\u671f\uff0c\u5e76\u63d0\u9ad8\u4e86\u6536\u5165\u9884\u671f\u3002\u8425\u6536\u540c\u6bd4\u589e\u957f53%\uff0c\u81f311.8\u4ebf\u7f8e\u5143\uff0c\u8fd9\u4e3b\u8981\u5f97\u76ca\u4e8e\u5f3a\u52b2\u7684\u5ba2\u6237\u53c2\u4e0e\u5ea6\u3001\u9ad8\u6548\u7684\u65b0\u5ba2\u6237\u83b7\u53d6\u4ee5\u53ca\u5176\u4f53\u80b2\u535a\u5f69\u4ea7\u54c1\u5411\u65b0\u53f8\u6cd5\u7ba1\u8f96\u533a\u7684\u6269\u5f20\u3002\u8be5\u516c\u53f8\u7684\u6bcf\u6708\u72ec\u7acb\u4ed8\u8d39\u7528\u6237(MUP)\u589e\u52a0\u5230340\u4e07\uff0c\u6bcf\u4e2aMUP\u7684\u5e73\u5747\u6536\u5165\u540c\u6bd4\u589e\u957f25%\u3002DraftKings\u62a5\u544a\u8c03\u6574\u540e\u7684EBITDA\u4e3a2240\u4e07\u7f8e\u5143\uff0c\u8c03\u6574\u540e\u7684\u6bcf\u80a1\u6536\u76ca\u4e3a0.03\u7f8e\u5143\u3002\u5c55\u671b\u672a\u6765\uff0cDraftKings\u5c06\u51762024\u5e74\u7684\u6536\u5165\u6307\u5bfc\u4e0a\u8c03\u81f349\u4ebf\u7f8e\u5143\u7684\u4e2d\u95f4\u503c\uff0c\u8fd9\u53cd\u6620\u4e86\u4ee3\u8868\u7f8e\u56fd\u7ea611%\u4eba\u53e3\u76849\u4e2a\u53f8\u6cd5\u7ba1\u8f96\u533a\u5bf9\u79fb\u52a8\u4f53\u80b2\u535a\u5f69\u5408\u6cd5\u5316\u7684\u7acb\u6cd5\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>40<\/strong><strong>\u7f8e\u81f3<\/strong><strong>50<\/strong><strong>\u7f8e\u5143\u3002\u79ef\u6781\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Cloudflare Inc (NET)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$378.6M, +30.5% YoY, beat estimates by $5.32M\u00a0<\/li><li><strong>1Q24 Non-GAAP EPS: <\/strong>$0.16, beat estimates by $0.03\u00a0<\/li><li><strong>2Q24 Guidance: <\/strong>Expect total revenue of $393.5 to $394.5M, Non-GAAP income from operations of $35.0 to $36.0M and Non-GAAP net income per share of $0.14, utilizing weighted average common shares outstanding of approximately 360M.\u00a0\u00a0<\/li><li><strong>FY24 Guidance: <\/strong>Expect<strong> <\/strong>total revenue of $1,648.0 to $1,652.0M, Non-GAAP income from operations of $160.0 to $164.0M and Non-GAAP net income per share of $0.60 to $0.61, utilizing weighted average common shares outstanding of approximately 361M.\u00a0<\/li><li><strong>Comment:<\/strong> Cloudflare reported strong revenue growth of 30.5% YoY in the first quarter, reaching US$378.6mn, alongside adjusted profit rising to US$0.16 per share, surpassing estimates. However, the company faced a wider quarterly operating loss of US$54.6mn due to increased expenses, particularly in sales and marketing, which surged about 42% YoY to US$194.1mn. Despite this, Cloudflare added 122 new large customers in the quarter, totalling 2,878, a 33% YoY increase. Revenue from large customers rose to 67% YoY, indicating the company\u2019s success in moving upmarket. Cloudflare delivered a gross margin of 79.5% and an operating profit of US$42.4mn. For the second quarter, the company expects revenue between US$393.5mn and US$394.5mn, in line with analysts\u2019 estimates. Cloudflare remains optimistic about its long-term prospects despite short-term uncertainties in the geopolitical landscape. For the FY24, the company anticipates revenue in the range of US$1.648bn to US$1.652bn and operating income between US$160mn to US$164mn. Looking ahead, the persisting high interest rate environment will likely affect enterprise budgets, as businesses prioritize protecting their bottom line amidst ongoing economic uncertainty. This could potentially impact Cloudflare\u2019s top and bottom lines. <strong>2Q24 recommended trading range: $70 to $85. Negative Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Cloudflare (NET)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>3.786\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u5e4530.5%\uff0c\u8d85\u9884\u671f532\u4e07\u7f8e\u5143\u00a0<\/li><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a0.16\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.03\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u603b\u6536\u5165\u4e3a3.935\u4ebf\u81f33.945\u4ebf\u7f8e\u5143\uff0cNon-GAAP\u8fd0\u8425\u6536\u5165\u4e3a3,500\u4e07\u81f33,600\u4e07\u7f8e\u5143\uff0cNon-GAAP\u6bcf\u80a1\u51c0\u6536\u5165\u4e3a0.14\u7f8e\u5143\uff0c\u57fa\u4e8e\u7ea63.6\u4ebf\u80a1\u52a0\u6743\u5e73\u5747\u666e\u901a\u80a1\u6d41\u901a\u80a1\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>Cloudflare\u62a5\u544a\u79f0\uff0c\u7b2c\u4e00\u5b63\u5ea6\u6536\u5165\u540c\u6bd4\u589e\u957f30.5%\uff0c\u8fbe\u52303.786\u4ebf\u7f8e\u5143\uff0c\u8c03\u6574\u540e\u6bcf\u80a1\u5229\u6da6\u4e0a\u5347\u81f30.16\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f\u3002\u7136\u800c\uff0c\u7531\u4e8e\u8d39\u7528\u589e\u52a0\uff0c\u7279\u522b\u662f\u9500\u552e\u548c\u8425\u9500\u8d39\u7528\u589e\u52a0\uff0c\u516c\u53f8\u9762\u4e345,460\u4e07\u7f8e\u5143\u7684\u5b63\u5ea6\u7ecf\u8425\u4e8f\u635f\uff0c\u540c\u6bd4\u589e\u957f\u7ea642%\uff0c\u8fbe\u52301.941\u4ebf\u7f8e\u5143\u3002\u5c3d\u7ba1\u5982\u6b64\uff0cCloudflare\u5728\u672c\u5b63\u5ea6\u589e\u52a0\u4e86122\u4e2a\u65b0\u7684\u5927\u5ba2\u6237\uff0c\u603b\u8ba12,878\u4e2a\uff0c\u540c\u6bd4\u589e\u957f33%\u3002\u6765\u81ea\u5927\u5ba2\u6237\u7684\u6536\u5165\u540c\u6bd4\u589e\u957f67%\uff0c\u8868\u660e\u8be5\u516c\u53f8\u5728\u5411\u9ad8\u7aef\u5e02\u573a\u8fdb\u519b\u65b9\u9762\u53d6\u5f97\u4e86\u6210\u529f\u3002Cloudflare\u7684\u6bdb\u5229\u7387\u4e3a79.5%\uff0c\u8425\u4e1a\u5229\u6da6\u4e3a4240\u4e07\u7f8e\u5143\u3002\u8be5\u516c\u53f8\u9884\u8ba1\u7b2c\u4e8c\u5b63\u5ea6\u8425\u6536\u57283.935\u4ebf\u7f8e\u5143\u81f33.945\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u4e0e\u5206\u6790\u5e08\u7684\u9884\u671f\u76f8\u7b26\u3002\u5c3d\u7ba1\u77ed\u671f\u5185\u5730\u7f18\u653f\u6cbb\u73af\u5883\u5b58\u5728\u4e0d\u786e\u5b9a\u6027\uff0c\u4f46Cloudflare\u4ecd\u5bf9\u5176\u957f\u671f\u524d\u666f\u6301\u4e50\u89c2\u6001\u5ea6\u3002\u5bf9\u4e8e\u672c\u8d22\u5e74\uff0c\u516c\u53f8\u9884\u8ba1\u6536\u5165\u572816.48\u4ebf\u81f316.52\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u8425\u4e1a\u6536\u5165\u57281.6\u4ebf\u81f31.64\u4ebf\u7f8e\u5143\u4e4b\u95f4\u3002\u5c55\u671b\u672a\u6765\uff0c\u6301\u7eed\u7684\u9ad8\u5229\u7387\u73af\u5883\u53ef\u80fd\u4f1a\u5f71\u54cd\u4f01\u4e1a\u9884\u7b97\uff0c\u56e0\u4e3a\u4f01\u4e1a\u5728\u6301\u7eed\u7684\u7ecf\u6d4e\u4e0d\u786e\u5b9a\u6027\u4e2d\u4f18\u5148\u8003\u8651\u4fdd\u62a4\u81ea\u5df1\u7684\u5e95\u7ebf\u3002\u8fd9\u53ef\u80fd\u4f1a\u5f71\u54cdCloudflare\u7684\u6536\u5165\u548c\u5229\u6da6\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>70<\/strong><strong>\u7f8e\u81f3<\/strong><strong>85<\/strong><strong>\u7f8e\u5143\u3002\u8d1f\u9762\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fortinet Inc (FTNT)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$1.35B, +7.1% YoY, beat estimates by $10M\u00a0<\/li><li><strong>1Q24 Non-GAAP EPS: <\/strong>$0.43, beat estimates by $0.05\u00a0<\/li><li><strong>2Q24 Guidance: <\/strong>Expect revenue in the range of $1.375B to $1.435B, billings in the range of $1.490B to $1.550B, Non-GAAP gross margin in the range of 76.50% to 77.50%, Non-GAAP operating margin in the range of 25.75% to 26.75% and diluted non-GAAP net income per share in the range of $0.39 to $0.41, assuming a non-GAAP effective tax rate of 17%. This assumes a diluted share count of 775 million to 785 million.\u00a0<\/li><li><strong>FY24 Guidance: <\/strong>Expect revenue in the range of $5.745B to $5.845B, service revenue in the range of $3.940B to $3.990B, billings in the range of $6.400B to $6.600B, Non-GAAP gross margin in the range of 76.50% to 78.00%, Non-GAAP operating margin in the range of 26.50% to 28.00% and diluted non-GAAP net income per share in the range of $1.73 to $1.79, assuming a non-GAAP effective tax rate of 17%.\u00a0<\/li><li><strong>Comment:<\/strong> Fortinet reported strong performance in the first quarter, achieving a record operating margin of 28.5% and generating $830mn in cash flow from operations. It delivered US$1.35bn in revenue and earnings of US$0.43 per share surpassing analysts\u2019 estimates. The growth in revenue was primarily due to a 24% increase in service revenue reaching US$944mn, however product revenue decreased 18.3% to US$408.9mn. Despite unified SASE and SecOps delivering strong billings growth, total billings saw a 6% YoY decline, due to the backlog contribution to billings in the year before. The company remains focused on investing in the unified SASE and secure operations market, which accounted for one-third of Q1 billings. The company also highlighted the success of its unified SASE solution and its differentiated features, such as deployment flexibility and comprehensive functionality. Its advanced platform approach, leveraging FortiOS and FortiASIC technologies, has been recognized with third-party awards. Additionally, Fortinet announced new AI-related offerings, including an IoT security generative AI assistant. Additionally, Fortinet expects Q2 revenue to be in the range of US$1.375bn to US$1.435bn and FY24 revenue to range between US$5.745bn and US$5.845bn, anticipating continued growth and profitability in the coming quarters. <strong>2Q24 recommended trading range: $55 to $65. Neutral Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u98de\u5854\u4fe1\u606f<\/strong><strong>(FTNT)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>13.5\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u5e457.1%\uff0c\u8d85\u9884\u671f1,000\u4e07\u7f8e\u5143\u00a0<\/li><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a0.43\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.05\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u8425\u6536\u572813.75\u4ebf\u7f8e\u5143\u81f314.35\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u6536\u5165\u572814.9\u4ebf\u7f8e\u5143\u81f315.5\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0cNon-GAAP\u6bdb\u5229\u7387\u572876.50%\u81f377.50%\u4e4b\u95f4\uff0cNon-GAAP\u8425\u4e1a\u5229\u6da6\u7387\u572825.75%\u81f326.75%\u4e4b\u95f4\uff0c\u644a\u8584\u540eNon-GAAP\u6bcf\u80a1\u51c0\u6536\u5165\u57280.39\u7f8e\u5143\u81f30.41\u7f8e\u5143\u4e4b\u95f4\uff0c\u5047\u8bbeNon-GAAP\u6709\u6548\u7a0e\u7387\u4e3a17%\u3002\u5047\u8bbe\u644a\u8584\u540e\u7684\u80a1\u7968\u6570\u91cf\u4e3a7.75\u4ebf\u81f37.85\u4ebf\u80a1\u3002\u00a0<\/li><li><strong>24\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u6536\u5165\u572857.45\u4ebf\u7f8e\u5143\u81f358.45\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u670d\u52a1\u6536\u5165\u572839.4\u4ebf\u7f8e\u5143\u81f339.9\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u8d26\u5355\u6536\u5165\u572864\u4ebf\u7f8e\u5143\u81f366\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0cNon-GAAP\u6bdb\u5229\u7387\u572876.50%\u81f378.00%\u4e4b\u95f4\uff0cNon-GAAP\u8425\u4e1a\u5229\u6da6\u7387\u572826.50%\u81f328.00%\u4e4b\u95f4\uff0c\u644a\u8584\u540eNon-GAAP\u6bcf\u80a1\u51c0\u6536\u5165\u57281.73\u7f8e\u5143\u81f31.79\u7f8e\u5143\u4e4b\u95f4\uff0c\u5047\u8bbeNon-GAAP\u6709\u6548\u7a0e\u7387\u4e3a17%\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>\u98de\u5854\u5728\u7b2c\u4e00\u5b63\u5ea6\u8868\u73b0\u5f3a\u52b2\uff0c\u5b9e\u73b0\u4e86\u521b\u7eaa\u5f55\u768428.5%\u7684\u8425\u4e1a\u5229\u6da6\u7387\uff0c\u5e76\u4ece\u8fd0\u8425\u4e2d\u4ea7\u751f\u4e868.3\u4ebf\u7f8e\u5143\u7684\u73b0\u91d1\u6d41\u3002\u8425\u653613.5\u4ebf\u7f8e\u5143\uff0c\u6bcf\u80a1\u6536\u76ca0.43\u7f8e\u5143\uff0c\u8d85\u51fa\u5206\u6790\u5e08\u9884\u671f\u3002\u6536\u5165\u7684\u589e\u957f\u4e3b\u8981\u662f\u7531\u4e8e\u670d\u52a1\u6536\u5165\u589e\u957f24%\uff0c\u8fbe\u52309.44\u4ebf\u7f8e\u5143\uff0c\u7136\u800c\uff0c\u4ea7\u54c1\u6536\u5165\u4e0b\u964d18.3%\uff0c\u81f34.089\u4ebf\u7f8e\u5143\u3002\u5c3d\u7ba1\u7edf\u4e00\u7684SASE\u548cSecOps\u5e26\u6765\u4e86\u5f3a\u52b2\u7684\u8d26\u5355\u589e\u957f\uff0c\u4f46\u7531\u4e8e\u524d\u4e00\u5e74\u7684\u79ef\u538b\u8d26\u5355\u8d21\u732e\uff0c\u603b\u8d26\u5355\u540c\u6bd4\u4e0b\u964d\u4e866%\u3002\u8be5\u516c\u53f8\u4ecd\u7136\u4e13\u6ce8\u4e8e\u6295\u8d44\u7edf\u4e00\u7684SASE\u548c\u5b89\u5168\u8fd0\u8425\u5e02\u573a\uff0c\u8fd9\u5360\u7b2c\u4e00\u5b63\u5ea6\u6536\u5165\u7684\u4e09\u5206\u4e4b\u4e00\u3002\u8be5\u516c\u53f8\u8fd8\u5f3a\u8c03\u4e86\u5176\u7edf\u4e00SASE\u89e3\u51b3\u65b9\u6848\u7684\u6210\u529f\u53ca\u5176\u5dee\u5f02\u5316\u7279\u70b9\uff0c\u5982\u90e8\u7f72\u7075\u6d3b\u6027\u548c\u5168\u9762\u7684\u529f\u80fd\u3002\u5176\u5148\u8fdb\u7684\u5e73\u53f0\u65b9\u6cd5\uff0c\u5229\u7528FortiOS\u548cFortiASIC\u6280\u672f\uff0c\u5df2\u83b7\u5f97\u7b2c\u4e09\u65b9\u5956\u9879\u7684\u8ba4\u53ef\u3002\u6b64\u5916\uff0c\u98de\u5854\u8fd8\u5ba3\u5e03\u4e86\u65b0\u7684\u4eba\u5de5\u667a\u80fd\u76f8\u5173\u4ea7\u54c1\uff0c\u5305\u62ec\u7269\u8054\u7f51\u5b89\u5168\u751f\u6210\u4eba\u5de5\u667a\u80fd\u52a9\u624b\u3002\u6b64\u5916\uff0c\u98de\u5854\u9884\u8ba1\u7b2c\u4e8c\u5b63\u5ea6\u6536\u5165\u5c06\u572813.75\u4ebf\u7f8e\u5143\u81f314.35\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c24\u8d22\u5e74\u6536\u5165\u5c06\u572857.45\u4ebf\u7f8e\u5143\u81f358.45\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u9884\u8ba1\u672a\u6765\u51e0\u4e2a\u5b63\u5ea6\u5c06\u7ee7\u7eed\u589e\u957f\u548c\u76c8\u5229\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>55<\/strong><strong>\u7f8e\u81f3<\/strong><strong>65<\/strong><strong>\u7f8e\u5143\u3002\u4e2d\u6027\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Booking Holdings Inc (BKNG)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$4.42B, +16.9% YoY, beat estimates by $160M\u00a0<\/li><li><strong>1Q24 Non-GAAP EPS: <\/strong>$20.39, beat estimates by $6.25\u00a0<\/li><li><strong>2Q24 Guidance: <\/strong>Expect growth of 4% to 6% in room-night bookings, less than the 7.4% increase analysts were expecting. Gross travel bookings which include taxes and fees, should rise 3% to 5%, missing Wall Street\u2019s estimates for 7.9% growth.\u00a0<\/li><li><strong>Dividend: <\/strong>Board declared a cash dividend of US$8.75 per share payable on 28 June.\u00a0<\/li><li><strong>Comment:<\/strong> Booking Holdings had a strong first quarter with revenue and earnings exceeding expectations. The majority of its total revenue, approximately 89% is from non-US travel with the Middle East, including Turkey and Egypt, making up about 7% of global room nights. However, the company cautioned that growth is likely to slow in the second quarter due to geopolitical tensions in the Middle East. Despite this, Booking Holdings reported healthy demand in Europe and better-than-expected room night bookings for the first quarter, growing 8.5% YoY to 297mn room nights sold surpassing expectations of a 6.2% YoY growth and 290.9mn room nights sold. Booking expects its second quarter to benefit from the shift in Easter timing, but it will be offset by less expansion of the booking window and an increased impact from the geopolitical situation in the Middle east, which would result int the deceleration in room night growth. For Q2, the company expects growth of 4% to 6% in room nigh bookings and 3% to 5% growth in gross travel bookings less than analysts\u2019 expectations of 7.4% and 7.9% respectively. The company\u2019s outlook is more cautious than analysts anticipated, but its overall performance remains positive. <strong>2Q24 recommended trading range: $3,400 to $3,600. Neutral Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7f24\u5ba2<\/strong><strong> (BKNG)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c<\/strong><strong>\u4e00\u5b63\u8425\u6536\uff1a<\/strong>44.2\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u5e4516.9%\uff0c\u8d85\u9884\u671f1.6\u4ebf\u7f8e\u5143\u00a0<\/li><li><strong>24\u8d22\u5e74\u7b2c<\/strong><strong>\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a20.39\u7f8e\u5143\uff0c\u8d85\u9884\u671f6.25\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u5ba2\u623f\u591c\u9884\u8ba2\u91cf\u5c06\u589e\u957f4%\u81f36%\uff0c\u4f4e\u4e8e\u5206\u6790\u5e08\u9884\u671f\u76847.4%\u3002\u5305\u62ec\u7a0e\u8d39\u5728\u5185\u7684\u65c5\u6e38\u9884\u8ba2\u91cf\u9884\u8ba1\u5c06\u589e\u957f3%\u81f35%\uff0c\u4f4e\u4e8e\u534e\u5c14\u88577.9%\u7684\u9884\u671f\u3002\u00a0<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u80a1\u606f<\/strong><strong>\uff1a<\/strong>\u8463\u4e8b\u4f1a\u5ba3\u5e03\u4e8e6\u670828\u65e5\u6d3e\u53d1\u6bcf\u80a18.75\u7f8e\u5143\u7684\u73b0\u91d1\u80a1\u606f\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>\u7f24\u5ba2\u7b2c\u4e00\u5b63\u5ea6\u6536\u5165\u548c\u6536\u76ca\u90fd\u8d85\u51fa\u9884\u671f\uff0c\u8868\u73b0\u5f3a\u52b2\u3002\u5176\u603b\u6536\u5165\u7684\u5927\u90e8\u5206(\u7ea689%)\u6765\u81ea\u4e2d\u4e1c\u5730\u533a\u7684\u975e\u7f8e\u56fd\u65c5\u6e38\uff0c\u5305\u62ec\u571f\u8033\u5176\u548c\u57c3\u53ca\uff0c\u5360\u5168\u7403\u5ba2\u623f\u591c\u6570\u76847%\u5de6\u53f3\u3002\u7136\u800c\uff0c\u8be5\u516c\u53f8\u8b66\u544a\u8bf4\uff0c\u7531\u4e8e\u4e2d\u4e1c\u7684\u5730\u7f18\u653f\u6cbb\u7d27\u5f20\u5c40\u52bf\uff0c\u7b2c\u4e8c\u5b63\u5ea6\u7684\u589e\u957f\u53ef\u80fd\u4f1a\u653e\u7f13\u3002\u5c3d\u7ba1\u5982\u6b64\uff0c\u7f24\u5ba2\u62a5\u544a\u79f0\uff0c\u6b27\u6d32\u5e02\u573a\u9700\u6c42\u5f3a\u52b2\uff0c\u7b2c\u4e00\u5b63\u5ea6\u5ba2\u623f\u591c\u9884\u8ba2\u91cf\u597d\u4e8e\u9884\u671f\uff0c\u540c\u6bd4\u589e\u957f8.5%\u81f32.97\u4ebf\u95f4\u623f\u591c\uff0c\u8d85\u8fc7\u4e86\u540c\u6bd4\u589e\u957f6.2%\u548c2.990\u4ebf\u95f4\u623f\u591c\u7684\u9884\u671f\u3002\u7f24\u5ba2\u9884\u8ba1\u5176\u7b2c\u4e8c\u5b63\u5ea6\u5c06\u53d7\u76ca\u4e8e\u590d\u6d3b\u8282\u65f6\u95f4\u7684\u8f6c\u53d8\uff0c\u4f46\u8fd9\u5c06\u88ab\u9884\u8ba2\u7a97\u53e3\u6269\u5f20\u7684\u51cf\u5c11\u548c\u4e2d\u4e1c\u5730\u7f18\u653f\u6cbb\u5c40\u52bf\u7684\u5f71\u54cd\u6240\u62b5\u6d88\uff0c\u8fd9\u5c06\u5bfc\u81f4\u5ba2\u623f\u591c\u589e\u957f\u7684\u51cf\u901f\u3002\u5bf9\u4e8e\u7b2c\u4e8c\u5b63\u5ea6\uff0c\u8be5\u516c\u53f8\u9884\u8ba1\u591c\u95f4\u5ba2\u623f\u9884\u8ba2\u91cf\u5c06\u589e\u957f4%\u81f36%\uff0c\u603b\u65c5\u884c\u9884\u8ba2\u91cf\u5c06\u589e\u957f3%\u81f35%\uff0c\u4f4e\u4e8e\u5206\u6790\u5e08\u9884\u671f\u76847.4%\u548c7.9%\u3002\u8be5\u516c\u53f8\u7684\u524d\u666f\u6bd4\u5206\u6790\u5e08\u9884\u671f\u7684\u66f4\u4e3a\u8c28\u614e\uff0c\u4f46\u5176\u6574\u4f53\u8868\u73b0\u4ecd\u7136\u4e50\u89c2\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>3,400<\/strong><strong>\u7f8e\u81f3<\/strong><strong>3,600<\/strong><strong>\u7f8e\u5143\u3002\u4e2d\u6027\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Expedia Group Inc (EXPE)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$2.89B, +8.2% YoY, beat estimates by $80M\u00a0<\/li><li><strong>1Q24 Non-GAAP EPS: <\/strong>$0.26, not comparable to estimates of -$0.16\u00a0<\/li><li><strong>FY24 Guidance: <\/strong>Lower full-year guidance to a range of mid- to high single-digit top-line growth, with margins relatively in line with FY23.\u00a0<\/li><li><strong>Comment:<\/strong> Expedia beat analyst expectations for both profit and revenue in the first quarter, with strong hotel growth partially offset by the ongoing softness in its Vrbo business which is taking longer to recover. Its total gross bookings of US$30.2bn rose 3% YoY, less than expected, was driven primarily by total lodging gross bookings growth of 4% YoY and led by its hotel business growing 12% YoY. The company lowered its full-year guidance to a range of mid- to high single-digit top-line growth due to a slower-than-expected Vrbo recovery. While Expedia itself thrived from recent investments, technical migrations hurt Vrbo and Hotels.com. The new CEO will focus on boosting consumer business growth, improving conversion rates, and leveraging the new platform for better travel experiences. Despite the lowered guidance, Expedia feels optimistic about its long-term future under Ariane\u2019s leadership. We anticipate that Expedia\u2019s top and bottom lines will continue to be impacted by the Vrbo\u2019s slow recovery and the rate of acceleration in B2C in the current quarter. <strong>2Q24 recommended trading range: $110 to $135. Negative Outlook.\u00a0<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u4ebf\u5ba2\u884c<\/strong><strong>(EXPE)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>28.9\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u5e458.2%\uff0c\u8d85\u9884\u671f8,000\u4e07\u7f8e\u5143\u00a0<\/li><li><strong>24\u8d22\u5e74\u7b2c\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a0.26\u7f8e\u5143\uff0c\u53bb\u5e74\u540c\u671f\u6bcf\u80a1\u4e8f\u635f\u4e3a0.16\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u5c06\u5168\u5e74\u76c8\u5229\u9884\u671f\u4e0b\u8c03\u81f3\u4e2a\u4f4d\u6570\u4e2d\u9ad8\u589e\u957f\u533a\u95f4\uff0c\u5229\u6da6\u7387\u4e0e23\u8d22\u5e74\u76f8\u5bf9\u6301\u5e73\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>\u4ebf\u5ba2\u884c\u7b2c\u4e00\u5b63\u5ea6\u7684\u5229\u6da6\u548c\u6536\u5165\u90fd\u8d85\u51fa\u4e86\u5206\u6790\u5e08\u7684\u9884\u671f\uff0c\u9152\u5e97\u4e1a\u52a1\u7684\u5f3a\u52b2\u589e\u957f\u90e8\u5206\u62b5\u6d88\u4e86\u5176Vrbo\u4e1a\u52a1\u6301\u7eed\u75b2\u8f6f\u7684\u5f71\u54cd\uff0c\u8be5\u4e1a\u52a1\u9700\u8981\u66f4\u957f\u7684\u65f6\u95f4\u624d\u80fd\u6062\u590d\u3002\u5176\u603b\u9884\u8ba2\u91cf\u4e3a302\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f3%\uff0c\u4f4e\u4e8e\u9884\u671f\uff0c\u4e3b\u8981\u53d7\u4f4f\u5bbf\u603b\u9884\u8ba2\u91cf\u540c\u6bd4\u589e\u957f4%\u548c\u9152\u5e97\u4e1a\u52a1\u540c\u6bd4\u589e\u957f12%\u7684\u63a8\u52a8\u3002\u7531\u4e8eVrbo\u590d\u82cf\u901f\u5ea6\u6162\u4e8e\u9884\u671f\uff0c\u8be5\u516c\u53f8\u5c06\u5168\u5e74\u6536\u5165\u589e\u957f\u9884\u671f\u4e0b\u8c03\u81f3\u4e2d\u4f4d\u6570\u81f3\u9ad8\u4e2a\u4f4d\u6570\u3002\u867d\u7136\u4ebf\u5ba2\u884c\u672c\u8eab\u56e0\u6700\u8fd1\u7684\u6295\u8d44\u800c\u84ec\u52c3\u53d1\u5c55\uff0c\u4f46\u6280\u672f\u8fc1\u79fb\u5374\u5bf9Vrbo\u548cHotels.com\u9020\u6210\u4e86\u4f24\u5bb3\u3002\u65b0\u4efb\u9996\u5e2d\u6267\u884c\u5b98\u5c06\u4e13\u6ce8\u4e8e\u4fc3\u8fdb\u6d88\u8d39\u8005\u4e1a\u52a1\u589e\u957f\uff0c\u63d0\u9ad8\u8f6c\u5316\u7387\uff0c\u5e76\u5229\u7528\u65b0\u5e73\u53f0\u63d0\u4f9b\u66f4\u597d\u7684\u65c5\u884c\u4f53\u9a8c\u3002\u5c3d\u7ba1\u4e0b\u8c03\u4e86\u9884\u671f\uff0c\u4f46\u4ebf\u5ba2\u884c\u5bf9\u5176\u5728Ariane\u9886\u5bfc\u4e0b\u7684\u957f\u671f\u524d\u666f\u611f\u5230\u4e50\u89c2\u3002\u6211\u4eec\u9884\u8ba1\uff0c\u4ebf\u5ba2\u884c\u7684\u8425\u6536\u548c\u8425\u6536\u5c06\u7ee7\u7eed\u53d7\u5230Vrbo\u7f13\u6162\u590d\u82cf\u548cB2C\u4e1a\u52a1\u52a0\u901f\u589e\u957f\u7684\u5f71\u54cd\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>110<\/strong><strong>\u7f8e\u81f3<\/strong><strong>135<\/strong><strong>\u7f8e\u5143\u3002\u8d1f\u9762\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">Back To Top<\/a> <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"200\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/03\/image-5.png\" alt=\"\" class=\"wp-image-40361\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/03\/image-5.png 940w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/03\/image-5-300x64.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/03\/image-5-768x163.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/t.me\/kgisg\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69.png\" alt=\"\" class=\"wp-image-15031\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/a><\/figure>\n\n\n","protected":false},"excerpt":{"rendered":"<p>United States | Singapore | Hong Kong | Earnings Boeing, Inc. (BA US) Shares closed higher above the 20dEMA with constructive volume. 5dEMA is about to cross the 20dEMA. MACD is positive, RSI is constructive. Long \u2013 Entry 177, Target 193, Stop 169 Ambarella, Inc. (AMBA US) Shares closed higher above the 20dEMA with constructive [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-43484","post","type-post","status-publish","format-standard","hentry","category-technical-analysis"],"aioseo_notices":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Keith Tan","author_link":"https:\/\/www.kgieworld.sg\/research\/author\/keithtan\/"},"uagb_comment_info":0,"uagb_excerpt":"United States | Singapore | Hong Kong | Earnings Boeing, Inc. (BA US) Shares closed higher above the 20dEMA with constructive volume. 5dEMA is about to cross the 20dEMA. MACD is positive, RSI is constructive. Long \u2013 Entry 177, Target 193, Stop 169 Ambarella, Inc. (AMBA US) Shares closed higher above the 20dEMA with constructive&hellip;","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/43484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/comments?post=43484"}],"version-history":[{"count":6,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/43484\/revisions"}],"predecessor-version":[{"id":43617,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/43484\/revisions\/43617"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media?parent=43484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/categories?post=43484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/tags?post=43484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}