New NISA stocks: AMD and Microsoft fall after financial results, FOMC interest rate announcement tomorrow | 31st Financial Tankan

1/31 (Wednesday) morning market trends (compared to the previous day)

traditional finance

• NY Dow: 38,467 +0.35%
• Nasdaq: 15,509 -0.76%
• Nikkei average: 36,065 +0.1%
• USD/JPY: 147.6 +0.03%
• Microsoft: $399.2 -2.42%
• NVIDIA: $610 -2.8%
• AMD: $161.2 -6.3%

Today’s NY Dow continued to rise and hit new highs. On the other hand, on the Nasdaq, IT and high-tech stocks saw profit-taking ahead of their earnings results. After the market close, Microsoft, AMD, and Alphabet announced their quarterly results, but their stock prices fell after the results fell short of expectations.

Additionally, the FOMC is scheduled to announce interest rates early tomorrow morning, and it is likely that they will decide to leave interest rates unchanged this time as well.

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Today’s main market materials are as follows:.

• Microsoft financial results: October-December sales increased 18%, earnings per share exceeded expectations; cloud division did not meet expectations
• AMD financial results: Weak sales outlook for January-March; October-December sales increase 10%, revenue from GPUs for artificial intelligence expands
• PayPal: Plans to reduce approximately 2,500 people
• Number of U.S. job openings in December: increased to 9.026 million, exceeding market expectations and the previous month’s data; number of job separations at the lowest level in almost three years

There was a view that Microsoft’s post-earnings decline may be an event that sells news.

AMD CEO Lisa Su said in an earnings call that this year will be the first year of an AI adoption cycle that will span the next few years, and predicted first-quarter data center GPU sales to increase quarter-on-quarter. Ta.

In a letter to employees, PayPal’s CEO announced that the company will reduce its headcount by approximately 9% by the end of the year. PayPal, which was a pioneer in online payments, has been struggling with the entry of competitors such as Apple Pay and CashApp. Meanwhile, PayPal also provides virtual currency trading services.

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Important economic indicators/events from this week onwards

• 1/31 (Wednesday) 0:00 U.S. January Consumer Confidence Index
• 1/31 (Wednesday) 22:15 US January ADP employment statistics
• 2/1 (Thursday) 4:00: Policy rate announcement after FOMC close
• 2/2 (Fri) 22:30 U.S. January unemployment rate

Special feature for virtual currency beginners

Virtual currency related stocks vary

• Coinbase｜$130.8 (-1.5%)
• MicroStrategy | $519.5 (+1.1%)
• Marathon Digital Holdings | $18.1 (-2.2%)

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Virtual currency market

• Bitcoin: $43,235 +0.2%
• Ethereum: $2,362 +2.0%

connection:Bitcoin recovers to the $43,000 level with a significant rebound from the previous week

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