Tin tức thì trường

U.S. stock-index futures fell on Friday, as investors digested PMI data, which indicated that economic activity around the world slowed notably in January due to recent COVID-triggered lockdowns, as well as quarterly earnings reports from Intel (INTC) and IBM (IBM).

Global Stocks:

(company / ticker / price / change ($/%) / volume)

Microsoft (MSFT) initiated with a Buy at Goldman; target $285

Intel (INTC) target raised to $79 from $75 at Cowen

Ford Motor (F) upgraded to Overweight from Neutral at JP Morgan; target $14

Walt Disney (DIS) upgraded to Buy from Neutral at UBS; target raised to $200

FXStreet reports that according to the Credit Suisse analyst team, the S&P 500 Index is set to be capped for now at 3900 and a correction lower can emerge from here.

“S&P 500 has paused beneath next flagged Fibonacci and potential trend resistance at 3866/68. Although momentum is still unable to confirm the new highs, with a large bullish ‘outside week’ in place from the beginning of the year, we still look for a break above 3868 for a move to our long-held and core ‘measured triangle objective’ from October at 3900.” 

“With daily and weekly DeMark sequential exhaustion signals all but in place now, 10yr US Inflation Breakevens being capped at their next major resistance and our target and with a cluster of further Fibonacci projection resistances seen here and stretching up to 3930, we maintain our bias of looking for a correction to then emerge from 3900.” 

Intel (INTC) reported Q4 FY 2020 earnings of $1.52 per share (versus $1.52 per share in Q4 FY 2019), beating analysts’ consensus estimate of $1.11 per share.

The company’s quarterly revenues amounted to $20.000 bln (-1.0% y/y), beating analysts’ consensus estimate of $17.478 bln.

The company also issued upside guidance for Q1 FY 2021, projecting EPS of $1.10 versus analysts’ consensus estimate of $0.96 and revenues of $17.50 bln versus analysts’ consensus estimate of $16.36 bln.

INTC fell to $60.00 (-3.94%) in pre-market trading.

IBM (IBM) reported Q4 FY 2020 earnings of $2.07 per share (versus $4.71 per share in Q4 FY 2019), beating analysts’ consensus estimate of $1.88 per share.

The company’s quarterly revenues amounted to $20.367 bln (-6.5% y/y), missing analysts’ consensus estimate of $20.630 bln.

The company also said it expects to grow revenue in FY 2021 after a 4.6% y/y decline in FY 2020.

IBM fell to $121.69 (-7.57%) in pre-market trading.