Sino-Singapore Jingwei, January 27th, US Eastern Time Friday, US stocks opened mixed, the Dow rose 0.03%, the S&P 500 fell 0.23%, and the Nasdaq fell 0.36%.
In terms of sectors, the semiconductor sector fell. Intel fell by more than 10% due to its performance, Ketian Semiconductor fell by more than 5%, AMD Semiconductor and Applied Materials fell by about 2%.
Intel's Q4 revenue in 2022 fell by 32% year-on-year to US$14 billion, the lowest quarterly revenue since 2016, and recorded a net loss of US$700 million, which turned from profit to loss and was worse than expected. The company expects Q1 revenue in 2023 to be at Between 10.5 and 11.5 billion U.S. dollars, significantly lower than market expectations of 14 billion U.S. dollars.
In terms of individual stocks, Visa rose more than 2%, and Q1 revenue in fiscal year 2023 increased by 12% year-on-year to US$7.936 billion, which was better than market expectations.
Chevron fell 2.54%. In 2022, Q4 net profit was US$6.353 billion, and adjusted earnings per share were US$4.09, but both fell short of market expectations.
In terms of macro data, the personal consumption expenditure in the United States in December 2022 fell by 0.2% from the previous month, and it is estimated to be -0.2%.
The U.S. core PCE price index rose 4.4% year-on-year in December, in line with expectations.
(Sino-Singapore Jingwei APP)