Financial Associated Press (Shanghai, editor Zhao Hao) news, on Monday (February 7) before the US stock market, by the fourth quarter earnings and better than expected January non-farm payrolls, the three major index futures rose slightly.
U.S. non-farm payrolls increased by 467,000 in January, the biggest increase since October last year, and significantly higher than the market expectation of 150,000. In December, non-farm work was also revised up from 199,000 to 510,000. The jobs report also shows that the average hourly earnings in the United States rose sharply by 5.7% year-on-year in January, far exceeding the market expectation of 5.2%.
Peter Essele, head of portfolio management at Commonwealth Financial Network, said: "The increase in employment is a welcome sign for the economy, but it also indicates that the Fed's first interest rate hike is imminent. "Expectations of rising interest rates have prompted investors to sell off growth stocks and shift to value-oriented equities.
Wells Fargo said in a report on Friday that investors should focus on the company's profit margins. This week, 76 S&P 500 constituent companies will report results. To date, 56 percent of S&P 500 companies have reported quarterly earnings, with 79 percent of profits exceeding analyst expectations and 77 percent exceeding expectations.
Market dynamics
As of press time, Dow futures are up 0.19%, S&P 500 futures are up 0.26%, and technology-based Nasdaq 100 futures are up 0.41%.
On Friday, U.S. stocks ended a volatile week with a wave of rebound, with the Nasdaq and S&P 500 also recording their best weekly performance so far in the year, while the three major indexes also recorded two consecutive weeks of gains. The S&P 500 closed up 0.52%, the NASDAQ closed up 1.58%, and the Dow Jones closed down 0.06%.
Most of the trading European markets rose, with Germany's DAX30 up 0.52%, Britain's FTSE 100 up 0.58%, France's CAC40 up 0.40% and Europe's Stoxx 50 up 0.47%.
Company news
[Apple will charge a 27% commission on Dutch dating apps paid with third parties]
After months of squabbling, and the dutch official threat of fines, Apple announced last week that it would charge a 27 percent transaction fee for dating apps, slightly less than the 30 percent it had previously charged. The Dutch Consumer and Markets Authority (ACM) said on Monday it would review whether the move complied with domestic regulations. The ACM ordered late last year that Apple must adjust its unreasonable terms against dating program developers by Jan. 15, 2022.
[Swedish shopping comparison platform sues Google for alleged monopoly claim of $2.4 billion]
PriceRunner, a Swedish shopping comparison platform, said on Monday that it had sued Google in Stockholm court, saying it had violated antitrust laws by manipulating search results to benefit its own price comparison service and that it had demanded about SEK 22 billion ($2.4 billion).
[UK antitrust agency issues £1.5 million fine to Meta for acquisition of Giphy]
The UK Competition and Markets Authority (CMA) fined Meta Platforms £1.5 million. The CMA said on Friday that Meta had failed to comply with its requirements in dealing with the Giphy merger, including Meta's failure to inform CMA that its key employees had left Meta. In October last year, Meta was fined £50 million by the CMA for other breaches.
[Tesla's revenue in China last year reached $13.844 billion, up 107.8% year-on-year]
Tesla filed its 10-K annual report with the U.S. Securities and Exchange Commission (SEC), disclosing the company's revenue data in major markets around the world. According to the documents, Tesla's revenue in the Chinese market in 2021 reached $13.844 billion, a year-on-year increase of 107.8%. Tesla's revenue in the Chinese market in the first three quarters of last year was $9.015 billion, and based on this, Tesla's revenue in China in the fourth quarter of last year was $4.829 billion.
【Korea Automotive Research Institute: Tesla 2021 is still the global electric vehicle sales champion】
According to the "2021 Electric Vehicle Sales Performance and Market Trends" report released by the Korea Institute of Automotive Research on the 7th, the global pure electric vehicle market sales volume last year was 4,717,728 units, a year-on-year increase of 112%, accounting for 5.8% of the overall automobile market share, up 2.9% year-on-year. The world's top electric vehicle sales are still Tesla, with a total of 921,642 units sold last year; followed by China SAIC Motor (611,023 units), Germany Volkswagen (436,669 units), BYD (335,257 units); Hyundai Motor sold 240,500 electric vehicles worldwide last year, ranking fifth.
[News said that Tesla plans to develop APP stores to create an "ecological chain" of software and hardware]
According to Teslascope, Tesla may be developing an apple-like app store, which allows car owners to download and install applications by themselves, thereby creating a software and hardware ecological chain of Tesla's own brand. In addition, it is reported that Tesla has been developing its own "app store" since around May 2021 and will officially launch before cybertruck is delivered.
[Ford Motor's chip shortage will cause two assembly plants to temporarily suspend production in the week of February 7]
Reuters quoted a Ford spokesman as reporting that Ford's assembly plants in Chicago and Wayne, Michigan, will temporarily suspend production in the week of February 7 due to chip shortages.
[Apple is expected to launch new entry-level 5G iPhone and iPad in March]
According to media reports, Apple is preparing to hold a spring new product launch conference around March 8 to launch the new iPhone SE and the new iPad Air. It is reported that the iPhone SE, which has been upgraded after two years, will support 5G and upgrade in terms of camera and processor, but the appearance will not change much. The new iPad Air will also appear to support 5G versions, while hardware specifications will also be improved.
[Astra Space plans to launch the company's first rocket on Monday]
Astra Space received permission to launch from the FAA on Friday and is scheduled to launch its first rocket launch from Florida on Monday, Feb. 7, from 1 p.m. to 4 p.m. ET.
Frontier Airlines to acquire Spirit Airlines at an implied value of $25.83 per share
Frontier Airlines will acquire Spirit Airlines at an implied value of $25.83 per share for a transaction value of $6.6 billion, including debt and lease liabilities. Frontier Airlines said the combined company will have about $5.3 billion in annual revenue; the combined company will save consumers $1 billion a year.
[Rumors that Amazon and Nike are interested in acquiring Peloton]
Sources said Amazon is exploring a offer for Peloton and is discussing with consultants whether and how to proceed. Peloton has yet to decide whether it will go through the sale, the sources said. At the same time, The British media also reported that sportswear company Nike is also evaluating the bid for Peloton, but has not yet negotiated with Peloton.
【The first in China! 】 Yueke initiated a clinical study on the safety of e-cigarettes】
The clinical study on the safety of e-cigarettes initiated by RELX (Fog core Technology) has been successfully registered with the China Clinical Trial Registry (ChiCTR), the first-level institution of the World Health Organization's international clinical trial registration platform. It is reported that this is the first clinical research focusing on the "safety of electronic cigarettes" in China, and it is also the second clinical research project initiated by Yueke. In March 2021, Yueke successfully applied for the first clinical study of e-cigarettes in China.
【JD.com: Turnover during the Spring Festival in 2022 increased by more than 50% year-on-year】
According to the Spring Festival consumption trend released by JD.com, as of February 5, the turnover during the Spring Festival in 2022 increased by more than 50% year-on-year (Chinese New Year's Eve to the fifth lunar month of the first month of the first month). From the perspective of shopping categories, mobile communications, household appliances, computer office, digital, local life/travel, food and beverage, beauty and skin care, mother and baby, sports and outdoors, and alcohol ranked in the top ten in terms of turnover. During the Spring Festival, in addition to purchasing their favorite physical goods, many consumers will also choose service consumption, and the turnover of life services, local entertainment, automobile services, game/video services, and maintenance increased by 287%, 206%, 148%, 109% and 77% respectively year-on-year.
An important event worth paying attention to during the US stock session
February 7
23:00 US Jan Consultative Chamber Employment Trend Index
23:45 ECB President Christine Lagarde delivers a speech
February 8
04:00 US Consumer Credit dec
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