Semiconductor stocks and electricity shares are falling today because of the Deepseek panic. This panic is probably exaggerated. We'll talk about it in tonight's podcast. So be sure to subscribe to the podcast: https://open.spotify.com/show/3SHlvxmpYWkpiWnykajNPa

Semiconductors:

-12% Broadcom $AVGO (-3.16%)

-12% TSMC $2330
$TSM (-0.58%)

-11% Nvidia $NVDA (-3.63%)

-11% BE Semiconductor $SMH (-2.93%)

-11% ARM Holdings $ARM (-3.76%)

-11% ASML $ASML (-0.72%)

-9% Dell $DELL
$DELL (-1.59%)

-9% Micron $MU (-4%)

-6% AMD $AMD (-2.29%)

-5% KLA $KLAC (-2.61%)

Power stocks:

-20% Siemens Energy $ENR (-4.27%)

-15% Bloom Energy $BE (-6.5%)

-14% GE Vernova $GEV (-8.21%)

-13% Vistra $VST (-7.68%)

-11% Schneider Electric $SCHNEIDER

#deepseek
#openai
#ai
#ki
#china
#podcast
#spotify
$SPOT (-3.66%)
#semiconductor
#halbleiter

Bloom Energy share: Completely under power $BE (-6.5%)

The Bloom Energy share went through the roof in November. By Thursday, the shares of the US fuel cell manufacturer had risen by over 30 percent. On Friday, there was then a huge explosion in the share price, with the hydrogen company shooting up by a further 55%. What is behind Bloom Energy's brilliant share price rally?

A strong earnings performance...

Two things at once: a strong earnings performance and new major orders. But first things first:

A few days ago, Bloom Energy presented its quarterly figures and delivered a very pleasing earnings performance. The fuel cell manufacturer still reported a quarterly loss of just under US$ -15 million. But this represents a huge improvement compared to a loss of US$ -170 million in the same period of the previous year.

The main driver behind the massive reduction in the loss was the significant increase in the gross margin. It climbed from -1.3% in the previous year to currently 23.8%.

Equally positive is the confirmation of the annual forecast. Bloom Energy expects total sales of between USD 1.4 and 1.6 billion and an operating profit of USD 75 to 100 million in 2024.

The company only missed the mark in terms of turnover. In the past quarter, revenue fell by 18% compared to the previous year to USD 330 million.

...and new record orders

Investors should be able to cope well with the decline in turnover in the last quarter, as Bloom Energy has been able to come up with two new major orders in the last few days. The hydrogen company was commissioned by the South Korean energy supplier SK Eternix to supply fuel cells with a total output of 80 megawatts.

However, the big bombshell hit on Friday and caused the aforementioned share price explosion. Bloom Energy announced that it had signed a supply contract with the US energy supplier American Electric Power for fuel cells with a total output of up to 1 gigawatt. This is the largest commercial order for fuel cells on the global market to date.

AEP's first order under this framework agreement is for fuel cells with an output of over 100 megawatts. The cells from Bloom Energy are to be used to supply energy to AI data centers. They can be operated with both pure hydrogen and a mixture of hydrogen and natural gas.

https://www.sharedeals.de/bloom-energy-aktie-voellig-unter-strom/#gref

07/17/2024 +++ adidas raises annual forecast +++ Bloom Energie with new partnership +++ ASML with higher order intake +++

adidas
$ADS (-0.81%) today announced preliminary financial results for the second quarter 2024. In the second quarter, currency-neutral sales were up 11% versus the prior year. In euro terms, the company's revenues increased 9% to € 5.822 billion (2023: € 5.343 billion). Excluding Yeezy sales in both years, sales growth in the second quarter amounted to 16% on a currency-adjusted basis.

Bloom Energy
$BE (-6.5%) rose 11.9% in after-hours trading on Tuesday after the company announced that it had entered into a partnership to deploy its fuel cells to generate on-site power for CoreWeave at a high-performance data center in Illinois.

ASML $ASML (-0.72%) increases order intake more than expected - targets confirmed

In the three months to the end of June, ASML collected new orders worth almost 5.6 billion euros. This was announced by the Group on Wednesday in Veldhofen. In the first quarter, incoming orders amounted to 3.6 billion euros. Experts had expected a recovery, but on average had predicted an increase to 4.4 billion euros. ASML is the most valuable company in the eurozone with a market capitalization of just over 390 billion euros.

Wednesday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

Pernod Ricard EUR 2.35

Quarterly figures / company dates USA / Asia

00:30 BHP Group Ltd Production Report 4Q

12:45 Johnson & Johnson Quarterly figures

12:45 First Horizon quarterly figures

13:30 Ally Financial quarterly figures

22:05 United Airlines Quarterly Figures

22:10 Alcoa quarterly figures

Untimed: U.S. Bancorp quarterly figures

Quarterly figures / Company dates Europe

07:00 ASML Quarterly figures

07:00 Hypoport Key operating figures 2Q

11:00 Adler Group Extraordinary General Meeting

Untimed: Nel ASA quarterly figures

Economic data

• 08:00 DE: Manufacturing orders on hand and order backlog May
• 08:00 UK: Producer prices June output basis | Consumer prices June PROGNOSE: +0.1% yoy/+1.9% yoy previous: +0.3% yoy/+2.0% yoy Core PROGNOSE: +0.2% yoy/+3.4% yoy previous: +0.5% yoy/+3.5% yoy
• 11:00 EU: Consumer Prices June Eurozone PROGNOSE: +0.2% yoy/+2.5% yoy PREVIEW: +0.2% yoy/+2.5% yoy PREVIEW: +0.2% yoy/+2.6% yoy CORE RATE PROGNOSE: +0.3% yoy/+2.9% yoy PREVIEW: +0.3% yoy/+2.9% yoy PREVIEW: +0.4% yoy/+2.9% yoy
• 14:30 US: Housing Starts/Permits June Housing Starts PROGNOSE: +1.8% yoy previous: -5.5% yoy Building Permits PROGNOSE: +1.0% yoy previous: -3.8% yoy
• 15:15 US: Industrial Production and Capacity Utilization June Industrial Production PROGNOSE: +0.3% yoy previous: +0.9% yoy Capacity utilization PROGNOSE: 78.5% previous: 78.7%
• 20:00 US: Fed, Beige Book

Trade

Actually a nice breakout setup, my price target was also reached quite quickly. Unfortunately, I then got greedy and gambled on an even longer run, the chart no longer looks bullish, so I sold.

https://www.tradingview.com/x/LLkq9bzZ/