The yen fell to its lowest level against the US dollar since November 29th, at 151.55.Oracle Bone Inscriptions's revenue in the fiscal quarter did not surprise investors. The stock price fell after hours, and the quarterly revenue of database giant Oracle Bone Inscriptions met expectations, which disappointed some investors who hoped that the cloud business would perform better. Oracle Bone Inscriptions shares fell in after-hours trading. Oracle Bone Inscriptions announced after-hours Monday that its second-quarter revenue increased by 9% to $14.1 billion. Cloud business revenue increased by 52% to $2.4 billion, in line with analysts' expectations. Oracle Bone Inscriptions has been trying to find its foothold in the computing and storage leasing market, which is now dominated by larger competitors Amazon and Microsoft. Larry Ellision, chairman of Oracle Bone Inscriptions, paid special attention to the company's ability to provide hardware and integrated software for handling artificial intelligence tasks. Safra Catz, CEO of Oracle Bone Inscriptions, said in the performance conference call that the company expects revenue growth of about 8% in the third quarter, excluding some projects, earnings per share is expected to be between 1.47 and 1.51 dollars, and cloud business revenue is expected to increase by about 24%. These performance prospects are not as good as analysts' estimates. Oracle Bone Inscriptions shares closed at $190.45 on Monday, down about 7% in after-hours trading. The company's share price has soared by 81% this year.Many countries condemned Israel's control of the Syrian-Israeli military buffer zone in the Golan Heights, and Israeli troops invaded the Syrian-Israeli military buffer zone in the Golan Heights on the 8th. On the 9th, Israeli Defense Minister Katz ordered the Israeli army to fully control the buffer zone between Israel and Syria. The Israeli army's actions have been strongly condemned by Qatar, Iraq and other governments. On the 9th, the Ministry of Foreign Affairs of Qatar issued a statement strongly condemning the control of the Syrian post in the Golan Heights by the Israel Defense Forces. On the same day, the Iraqi Foreign Ministry issued a statement condemning Israel's control of the military buffer zone and the nearby land between it and Syria, and stressed that this act was a flagrant violation of international law and relevant resolutions of international legitimacy. In addition, the foreign ministries of Egypt and Jordan also issued statements on the same day, strongly condemning Israel's aggression, saying that it violated international law. The statement also called on the UN Security Council to take a firm stand against Israel's occupation.
CITIC Securities: Scientific and Technological Progress+Policy Expectation The Internet sector is both offensive and defensive. According to CITIC Securities Research Report, the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting on December 9, 2024 pointed out that a more active fiscal policy and a moderately loose monetary policy should be implemented next year, and consumption should be greatly boosted, investment efficiency should be improved, and domestic demand should be expanded in all directions. We believe that the valuation of the Internet sector has reflected the current conservative expectations, and the strong shareholder returns provide sufficient margin of safety, while the performance of the sector is expected to benefit significantly from the macro improvement, which will bring about a double-click on performance and valuation, with emphasis on recommending pro-cyclical sectors, such as e-commerce, local life, travel, freight, online recruitment, real estate service platforms, etc. Content-based companies focus on the pace of quality content supply and valuation improvement. In the long run, Internet companies lead domestic technological innovation, and artificial intelligence and autonomous driving are expected to contribute to the increase. We suggest focusing on leading Internet companies with pro-cyclical, stable competitive advantage, low valuation and stable shareholder returns.The yen fell to its lowest level against the US dollar since November 29th, at 151.55.Japan Fanuc shares rose nearly 4%.
The US military suspended the flight of some Osprey transport planes and informed the Japanese government. On the 9th, the US military said that it had suspended the flight of some Osprey transport planes and informed the Japanese government of the relevant situation. According to the Associated Press, the suspension of the flight was related to the plane crash that almost happened at an air base in New Mexico on November 20th.Galaxy Securities: Looking ahead, A-shares are expected to fluctuate upward. china galaxy Securities said that since September 24th, domestic policies have been intensively introduced. The convening of the Politburo meeting of the Chinese Communist Party on December 9 pointed out the important direction for economic work in 2025, and at the same time released a more positive and promising policy signal, and then focused on the statement of the Central Economic Work Conference. With the accelerated implementation of the stock policy and the introduction of a package of incremental policies, the economic fundamentals are expected to show a gradual improvement trend. The policy expectation of "stabilizing the property market and stock market" will help boost investors' confidence and protect the long-term healthy development of the A-share market. Looking forward to the market outlook, A shares are expected to fluctuate upwards.The number of bonus-themed ETFs has increased from 10 billion to two managers, both of whom are Huatai Bairui. The Politburo meeting has once again triggered the discussion of switching market funds to large-cap blue chips, and the scale of dividend-themed ETFs has quietly reached a new high. The latest scale shows that the scale of 49 dividend-themed ETFs in the whole market exceeds 90 billion. Among them, Huatai Bairui dividend low-wave ETF reached 10.409 billion yuan. Since the beginning of this year, its scale and share have increased by over 7.8 billion yuan and 6.5 billion copies respectively, making it the second dividend-themed ETF that broke through 10 billion yuan. On the previous trading day, the scale of Huatai Berry dividend ETF exceeded 20 billion, becoming the first 20 billion dividend ETF in China. At present, the total scale of five dividend-themed ETF products under Huatai Bairui exceeds 32.6 billion yuan.