$ASML

ASML and Goldman Sachs reported strong Q3 earnings, with ASML beating estimates on EPS and revenue, and Goldman showing 39% earnings growth. Despite this, both stocks have declined, with ASML down 6.8% in a week and Goldman down 11.1% in a month. Analysts attribute the drop to P/E compression and a valuation reset. JPMorgan missed earnings but showed positive net interest income outlook. The S&P 500 is described as two markets: AI-related companies and others.

ASML Holding N.V. received a Buy rating from Berenberg, based on a weighted average of several composite ratings including valuation, EPS revisions, and visibility. The stock is currently trading at 1,452.40 EUR, down 4.96% over 5 days and 11.01% year-to-date, but up 57.48% over a longer period.

Global tech stocks fell sharply, with Nasdaq futures down 1.1%, as AI investment enthusiasm waned due to rising rates, competition, and earnings concerns. CoreWeave, Oracle, Intel, SpaceX, and Nvidia declined premarket. TSMC shares dropped 2% despite strong earnings. Asia's tech stocks also fell, with South Korea's Kospi down 7.6%. Investors worry about AI buildout slowdown and Chinese competition.

ASML Holding's stock fell 5.13% to €1,449.80, adding to a 9.96% weekly decline. The drop is part of a broader correction in European semiconductor stocks, driven by global tech concerns, inflation fears, and AI infrastructure financing questions. Analysts maintained buy ratings post-Q3 results.

UK GDP growth in August exceeded expectations, narrowing the goods trade deficit. Meanwhile, the Stoxx 600 index fell 0.23%, with ASML (ASML) shares declining amid tech sector selloff. ASML is modestly overvalued by 25.1% according to GF Value™, with a price of $1,650 vs. an estimated value of $1,319.37. The company has a strong GF Score™ of 96/100, indicating robust financial health and growth.

Global semiconductor stocks fell sharply Thursday, with SK Hynix, Micron, Nvidia, Intel, and AMD among the decliners. European chipmakers like Infineon, ASML, and STMicroelectronics also dropped. The sell-off was driven by U.S. inflation data, which fueled fears of further Fed rate hikes. U.S. consumer prices rose 0.6% in September, with annual inflation at 3.7%.

European shares fell on Thursday, following a global tech sell-off triggered by higher-than-expected U.S. inflation data. The Stoxx Europe 600 Index dropped 0.35%, with tech stocks leading the decline. ASML, ASM, and Infineon saw significant losses. The U.S. CPI data drove up Treasury yields, impacting tech valuations. LVMH's weak sales report also contributed to the market downturn. Investors remain cautious due to high borrowing costs and macroeconomic uncertainties.

ASML Holding NV (ASML) received mixed price target revisions from Citigroup, HSBC, Jefferies, and JPMorgan. The company upgraded its forecast due to increased demand for semiconductor equipment driven by AI infrastructure development. ASML's stock is currently trading at €1650, which is 29.1% overvalued according to its GF Value™ of $1277.79. The company has a GF Score™ of 96/100, indicating strong overall performance.

US stocks fell as September inflation data exceeded forecasts, increasing Fed rate hike expectations. Bank of America missed earnings, while Morgan Stanley beat estimates. ASML rose on strong demand, and CoreWeave's bonds entered distressed territory. Nvidia led Dow losses, and Brent crude oil prices rose on Middle East tensions.

Global tech hardware stocks fell, led by Asian chipmakers like Samsung and SK Hynix, due to Fed rate hike fears and AI funding concerns. The US semiconductor index lost $1.6T in six days. TSMC earnings are awaited. Investors await clarity on US rates and midterm elections.