新闻信息流

@FirstSquawk: APAC tower operators' credit profiles vary based on leverage and market standing, Fitch says.

Ireland S&P Global October manufacturing PMI at 55.2 versus 55.5 in September

Taiwan overnight interbank rate starts at 0.805% vs 0.805% in prior session start

Canada’s housing crash is now approaching America’s 2008 bust, per BMO. Canadian home prices have fallen 20.5% nationally from their early-2022 peak, close to the 26% decline the US saw during the 2008 housing crash.

@FirstSquawk: Taiwan overnight interbank rate holds steady at 0.805% at the open.

Splash Zone: Hedge Funds Go Underweight AI For First Time Since 2023 As Record De-Grossing Meets Record-Low Correlation [链接预览] zerohedge.com Splash Zone: Hedge Funds Go Underweight AI For First Time Since 2023 As Record De-Grossing Meets... "As Halloween gives way to November, the question is no longer simply 'Trick or Treat?', but how close investors really are to the 'final splash.'"

@FirstSquawk: Oil prices slide further, with Brent and WTI dropping $2/bbl.

Intel stock plunges 29%. Analysts urge caution on buying the dip. Should investors take advantage of the plunge in Intel to pick up shares? Many Wall Street analysts advise staying on the sidelines, with no clear consensus on when Intel may regain momentum. The stock took a massive hit on Friday, declining 29% to about $65 a share, its worst one-day performance since 1974. It was a painful slide for a stock that had been up about 150% this year prior to a third-quarter earnings report that raised doubts about the pace of Intel's turnaround and operating results. Intel beat third-quarter earnings estimates but reported revenue slightly below consensus. Investors were particularly disappointed with weakness on the personal computer side, given high memory chip pricing. Intel also revealed supply and production problems on the server side, holding back its growth in a hot area. Intel's fourth quarter revenue guidance also came in below consensus. The results prompted multiple downgrades on Wall Street with Bank of America, Roth Capital Partners and Seaport Research Partners all downgrading the stock to neutral from buy on Friday. JPMorgan and Goldman Sachs maintained their neutral ratings but lowered their price targets on the stock while New Street upgraded Intel to buy from neutral. Intel now faces a double whammy: weak demand for personal computer chips and lack of capacity to produce enough server processors to capitalize on the artificial intelligence buildout. Analysts see a path to improvement but disagree on whether investors should buy before a recovery takes hold. Intel's sell-off was "quite overdone," said analyst John Vinh told CNBC. He thinks "there's a buying opportunity here" because he believes Intel's problems are temporary. Yet others like Seaport's Jay Goldberg recommend staying on the sidelines. In the near-term, the company "clearly has planning and capacity issues, which they need to grapple with," he said. "Until they do, it's kind of dead money. I think it trades flat for a while." Part of the problem, Goldberg said, is that the company made too many PC chips during a sharp downturn and too few server chips to meet booming demand. He attributed the mismatch to "bad planning assumptions" and difficulty getting "all the components they needed." Goldberg believes once Intel fixes capacity issues, "they'll be in good shape." The strength in server demand was evident in Intel's results. Data center and AI revenue rose nearly 80% year-over-year to $7.3 billion, exceeding expectations as demand was strong across hyperscalers, enterprise and neocloud customers. Intel CEO Lip-Bu Tan said the company expects industry server CPU units to grow 30% in 2026 and 2027, a figure that "would be higher in both years if additional industry supply were available," he said, suggesting that growth is capped by supply rather than demand. Some analysts say it may be best to wait for the chipmaker to resolve production problems holding back growth. Management blamed the stalled momentum in its data center segment, which was impacted by an explosion at a fab plant in Israel earlier this month. Intel also warned the PC slump would last into next year. If Intel can bring on "incremental capacity in the second half of next year, things could start moving in the right direction," KeyBanc's Vinh said. Looking ahead to the second half of 2027, "server CPU capacity should come online for them," Vinh said. On PCs, he explained, corrections typically last a couple quarters. He sees the business stabilizing in the second quarter with "some level of recovery in the second half from natural restocking." KeyBanc's Vinh tempered his bullish take by noting the market "needs to think about evaluating Intel on 2030 numbers." That's when he expects the domestic foundry business to become a meaningful contributor. If investors look at the company through the lens of 2027 figures it's "clearly expensive." Even firms that downgraded Intel see longer-term promise. Bank of America acknowledged the company's ability to develop a foundry, noting "any signs of traction potentially driving a recovery in a relatively under-owned stock." Roth Capital Partners also praised Intel's "continued data center growth and increasing custom data center business." Following Intel's drop, the U.S. government's 433 million share stake shed about $11 billion in value, according to CNBC analysis. However, thanks to the low average purchase price of $20.47 per share, the stake remains up about $20 billion overall. The government's ownership offers little reason on its own to buy the dip, according to both Vinh and Goldberg. For Goldberg, Intel's next few quarters need to bring tangible improvement in capacity before the stock becomes a buy. While it may take a while, Intel can "get supply up to where it needs to be," he said in a note. "We think the company will sort itself out but see no reason to own the stock while management sorts itself out."

@FirstSquawk: Gold prices advance, though expectations of tighter U.S. monetary policy limit gains - WSJ

Japan’s Katayama says US-Japan FX statement ‘alive’, warns on disorderly yen moves

Binance said it processed $4.65 billion in withdrawals and $1.01 billion in deposits today after reopening withdrawals - CNBC

@FirstSquawk: KOSPI turns positive, rising 0.3% after erasing initial declines.

@FirstSquawk: Katayama: Avoiding excessive volatility in currency markets is essential.

@FirstSquawk: Japan's finance minister notes an improvement in prevailing conditions.

@FirstSquawk: ASIAN STOCKS DECLINED LESS THAN WALL STREET AFTER THE NASDAQ 100 SLUMPED 3.5% ON FRIDAY AND THE PHILADELPHIA SEMICONDUCTOR INDEX DROPPED 7.2%. US EQUITY FUTURES REBOUNDED AT LEAST 0.3%, WHILE SOUTH KOREAN SHARES RECOVERED EARLY LOSSES. BRENT CRUDE FELL 1.6% TO $111.60 A BARREL, GOLD ROSE TO AROUND $3,900 AND BITCOIN REBOUNDED.

Japan factory PMI slips to 53.3, a seven-month low, as cost pressures pick up

@FirstSquawk: Japan's finance minister refrains from judging the current levels of the yen.

@FirstSquawk: Katayama: Ensuring stability in currency markets remains a key priority.

@FirstSquawk: Japan's finance minister says Takaichi views the yen's weakness as an issue.

@FirstSquawk: Katayama refrains from addressing particular foreign exchange rates.

Japan FinMin Katayama: Market Conditions Have Improved From Before - PM Takaichi Has Said Yen Undervaluation Is Problematic

Japan Finmin Katayama: need to avoid chaotic fluctuations

Japan finmin katayama: conditions have gotten better than before

Japan FinMin Katayama: current levels neither good nor bad

Japan finmin Katayama: crucial to maintain stable FX markets

Japan Growth Strategy Minister Kiuchi: No Change To View Need Care On Declaring Deflation End

Japan finmin katayama: pm takaichi says yen undervaluation poses problems

@FirstSquawk: Katayama: Japan and U.S. FX agreement remains active; authorities will respond to disorderly market movements.

Japan finmin Katayama: declines to comment on particular fx levels

Japan finmin Katayama: joint fx statement with U.S. persists, will act against disorderly moves

@FirstSquawk: Japan's finance minister vows to improve the precision of tax revenue projections and enhance transparency.

Japan finance minister Katayama: will strive to estimate tax revenue precisely, with increased transparency

Japan weighs ¥5,000 annual payment for low-income workers under new benefit plan

@FirstSquawk: Japanese drug maker Rohto joins OASES as its first Japan-based partner, plans Hong Kong trials - SCMP

@FirstSquawk: AUSTRALIA PRIVATE SECTOR HOUSES (M/M): -5.3% (PREV 3.7%)

@FirstSquawk: AUSTRALIA BUILDING APPROVALS (M/M) SEP: 5.1% (EST 2.0%; PREV -6.1%; PREVR -5.2%)

@FirstSquawk: JAPAN S&P GLOBAL MANUFACTURING PMI OCT F: 53.3 (PREV 53.3)

Rubio Claims US Had No Direct Role In Bolsonaro's Departure From Brazil

@business: [转推] LiveSquawk reposted Kioxia’s shares fell after the Japanese memory maker’s cautious outlook disappointed investors, flaring up concerns that the explosive growth driven by artificial intelligence may be leveling off [链接预览] Kioxia Shares Tumble After Outlook Suggests Demand Leveling Off

KIOXIA SHARES FALL 14% AFTER PROFIT FORECAST MISSES ESTIMATE

@FirstSquawk: SOUTH KOREA S&P GLOBAL OCTOBER MANUFACTURING PMI SLIPS TO 51.3 FROM 53.9 IN SEPTEMBER

@FirstSquawk: TAIWAN S&P GLOBAL OCTOBER MANUFACTURING PMI CAME IN AT 54.9, DOWN FROM 56.7 IN SEPTEMBER

@FirstSquawk: AUSTRALIA SEPTEMBER BUILDING APPROVALS ROSE 5.1% MOM, SEASONALLY ADJUSTED, WHILE PRIVATE-SECTOR HOME APPROVALS DECLINED 5.3% MOM

@FirstSquawk: JAPAN S&P GLOBAL OCTOBER FINAL MANUFACTURING PMI STEADY AT 53.3 VERSUS FLASH ESTIMATE

Australia Building Approvals (M/M) Sep: 5.1% (est 2.0%; prev -6.1%; prevR -5.2%) - Private Sector Houses (M/M): -5.3% (prev 3.7%)

Japan S&P Global Manufacturing PMI Oct F: 53.3 (prev 53.3)

@japantimes: [转推] LiveSquawk reposted The Japanese government has said that it is considering providing around ¥5,000 a year to low-income workers under a proposed income-linked benefit program. 👉 https://ebx.sh/cZEdET

JAPANESE MFG PMI ACTUAL 53.3 (FORECAST -, PREVIOUS 53.3) $MACRO

🔴 AUSTRALIAN BUILDING APPROVALS ACTUAL 5.1% (FORECAST 2%, PREVIOUS -6.1%) $MACRO

AUSTRALIAN PRIVATE HOUSE APPROVALS ACTUAL -5.3% (FORECAST -, PREVIOUS 3.7%) $MACRO