Earnings season delivers above-average beats
->Musim pendapatan menghasilkan kejutan melebihi purata
(or "melebihi jangkaan" but "beats" means beating estimates, so "kejutan" might be okay. We'll use "melebihi purata" but actually "above-average beats" means more companies beat than average. So "menghasilkan kejutan melebihi purata" is fine. Then:Of the 304 S&P 500 companies that have reported second-quarter results so far, 85.2% beat analyst earnings estimates. That's well above the long-term average of 67.5%. Caterpillar raised its annual revenue growth forecast, citing demand from AI data center construction, and its stock rose 5.6%. Palantir Technologies also lifted its annual revenue forecast, sending shares up 29.5% — the company's best single-day gain since February 2024.
Translation:Daripada 304 syarikat S&P 500 yang telah melaporkan keputusan suku kedua setakat ini, 85.2% mengatasi anggaran pendapatan penganalisis. Itu jauh melebihi purata jangka panjang sebanyak 67.5%. Caterpillar menaikkan ramalan pertumbuhan hasil tahunannya, memetik permintaan daripada pembinaan pusat data AI, dan sahamnya naik 5.6%. Palantir Technologies juga menaikkan ramalan hasil tahunannya, menyebabkan saham naik 29.5% — keuntungan satu hari terbaik syarikat sejak Februari 2024.
Next:The Philadelphia Semiconductor Index jumped 6.6%, extending its rebound after a 20.6% drop in July. The tech-heavy index's recovery added to the positive sentiment.
Translation:Indeks Semikonduktor Philadelphia melonjak 6.6%, melanjutkan pemulihannya selepas penurunan 20.6% pada Julai. Pemulihan indeks yang berat teknologi itu menambah sentimen positif.
Next:Oil slide fuels rate-cut expectations
->Kejatuhan minyak mencetuskan jangkaan pemotongan kadar
Then:Brent crude fell 5.3% to $79.36 a barrel on hopes for a diplomatic resolution to the Iran war that could reopen the Strait of Hormuz. The drop in oil prices pushed the odds of a September rate hike down to 56.9% from 67.2% a day earlier. Two-year Treasury yields fell to a two-week low as traders bet on a less aggressive Federal Reserve.
Translation:Minyak mentah Brent jatuh 5.3% kepada $79.36 setong pada harapan untuk penyelesaian diplomatik kepada perang Iran yang boleh membuka semula Selat Hormuz. Penurunan harga minyak menolak kemungkinan kenaikan kadar September turun kepada 56.9% daripada 67.2% sehari sebelumnya. Hasil Perbendaharaan dua tahun jatuh ke paras terendah dua minggu apabila pedagang bertaruh pada Rizab Persekutuan yang kurang agresif.
Next:Lower oil prices tend to ease inflation pressures, giving the Fed more room to pause or cut rates. The bond market's reaction reflected that shift in expectations.
Translation:Harga minyak yang lebih rendah cenderung mengurangkan tekanan inflasi, memberi Fed lebih ruang untuk berhenti atau memotong kadar. Reaksi pasaran bon mencerminkan peralihan jangkaan itu.
Next:Caution amid the rally
->Berhati-hati di tengah rally
Then:Not everyone is convinced the rally has legs. Jack Ablin, chief investment strategist at Cresset Capital Management, said he doesn't sense skepticism in the market and questioned whether a handful of earnings reports justify new S&P records. His caution stands in contrast to the broader optimism.
Translation:Tidak semua orang yakin rally itu berterusan. Jack Ablin, ketua strategi pelaburan di Cresset Capital Management, berkata beliau tidak merasakan skeptisisme dalam pasaran dan mempersoalkan sama ada segelintir laporan pendapatan mewajarkan rekod S&P baharu. Kewaspadaannya bertentangan dengan optimisme yang lebih luas.
Next:Oliver Pursche, senior vice president at Wealthspire Advisors, attributed the rally to stronger earnings and expectations. He pointed to the breadth of beats as a sign of underlying corporate health.
Translation:Oliver Pursche, naib presiden kanan di Wealthspire Advisors, mengaitkan rally itu dengan pendapatan dan jangkaan
