Morning Market News Digest 早盘市场新闻摘要

。Pacific Time 7:50AM : Dow +26.10，  S&P 500 +9.87， Nasdaq +48.79, Russell 2000 +10.53, WTI crude oil+1.11%，Gold-0.64%， US dollar index+0.49%.

。Oversea markets: Shanghai-0.51%, Japan+0.19%, Hong Kong 0%, Germany+0.21%, UK+0.75%, France+0.12%.

。Weak sectors: SLV, GDXJ, GDX, EWG   Strong sectors:SOCL, FDN, IGV, XRT, PPH, XLY, IYR

。Stifel warns the "stunning" rally in semiconductor sector isn't likely to last with the index "currently ahead of itself" with no valuation levels to sustain it. Stifel doesn't see semis improving "in any material way during the 1Q19 earnings season, especially due to the deterioration in global demand indicators over the last 90 days."SunTrust thinks semis will "deliver a third (likely final) round of below-consensus guidance" in the upcoming earnings season. ---Seeking Alpha

。Cadence Design（CDN）reported better-than-expected first-quarter earnings. The software company earned $577 million in revenue, topping analyst estimates of $569 million according to Refinitiv. Adjusted earnings per share were 54 cents, beating the forecast 49 cents. Cadence Design gave guidance for second-quarter earnings per share and revenue that topped Wall Street’s estimates.---CNBC

。Shares of Whirlpool (WHR) the home appliance company’s released mixed first-quarter earnings. Whirlpool posted earnings per share of $3.11 on revenue of $4.76 billion. Wall Street estimated earnings per share of $2.86 on revenue of $4.83 billion, according to Refinitiv. ---CNBC

。Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co’s (PG) exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar. Net income attributable to the company rose to $2.75 billion, or $1.04 per share, in the quarter ended March 31. Excluding items, the company earned $1.06 per share, beating the average analyst estimate of $1.03 per share. Net sales rose 1.1 percent to $16.46 billion, beating analysts’ average estimate of $16.37 billion, according to IBES data from Refinitiv. ---Reuters

。Coca-Cola (KO): Q1 Non-GAAP EPS of $0.48 beats by $0.02; GAAP EPS of $0.38. Revenue of $8B (+5.3% Y/Y) beats by $110M.---Seeking Alpha

。Twitter (TWTR)  reports Q1 beats on revenue, EPS, and surprise DAU and MAU strength.Twitter  Q1 Non-GAAP EPS of $0.37 beats by $0.22; GAAP EPS of $0.25. Revenue of $787M (+18.3% Y/Y) beats by $11.84M. ---Seeking Alpha

。Verizon (VZ): Q1 Non-GAAP EPS of $1.20 beats by $0.04; GAAP EPS of $1.22. Revenue of $32.13B (+1.1% Y/Y) in-line. ---Seeking Alpha

。Morgan Stanley upgrades Qualcomm (NASDAQ:QCOM) from Equal-Weight to Overweight and nearly doubles the PT from $55 to $95. Analyst James Faucette says the market hasn't fully appreciated the opportunities opened with last week's global legal truce with Apple.
Faucette calls QCOM "the key enabler" of 5G and says the "range of underappreciated options outside handsets" could make this the largest semi company in the world. The analyst says the freedom to pursue new markets could provide the path to a $120 bull case. ---Seeking Alpha





。太平洋时间早上7点50分：道指+26.10，标准普尔500指数+9.87，纳斯达克指数+48.79，罗素2000 +10.53，WTI原油+ 1.11％，黄金-0.64％，美元指数+ 0.49％。

。海外市场：上海-0.51％，日本+ 0.19％，香港0％，德国+ 0.21％，英国+ 0.75％，法国+ 0.12％。

。弱势行业：SLV，GDXJ，GDX，EWG  强势行业：SOCL，FDN，IGV，XRT，PPH，XLY，IYR

。Stifel警告说，半导体行业的“惊人”涨势不太可能持续，因为该指数“目前处于领先地位”，没有估值水平来支撑它。 Stifel没有看到半导体在1Q19收益季节期间以任何重大方式改善，特别是由于过去90天全球需求指标的恶化。“SunTrust认为半导体将”提供第三轮（可能是最后一轮）在即将到来的收益季节指引低于共识“。 ---Seeking Alpha

。，Cadence Design （CDN）第一季度业绩好于预期。据Refinitiv称，该软件公司的收入为5.77亿美元，高于分析师估计的5.69亿美元。调整后每股收益为54美分，超出预期的49美分。 Cadence Design为第二季度每股收益和收入提供了指引，超过了华尔街的预期.--- CNBC

。家电公司惠而浦（WHR）第一季度业绩表现好坏参与后，惠而浦的每股收益为3.11美元，营业额为47.6亿美元。根据Refinitiv的数据，华尔街预计每股收益为2.86美元，营业额为48.3亿美元。 --- CNBC

。较高的价格和对其优质面料护理和美容产品的更大需求帮助宝洁公司（PG）在周二超过了分析师对季度收入和利润的预期，尽管受到美元走强的影响。净收入归因于美容产品销售。 截至3月31日的季度，该公司净收入上涨至27.5亿美元，即每股1.04美元。不计其它项目，该公司每股盈利1.06美元，超过分析师平均预期的每股1.03美元。 根据Refinitiv的IBES数据，净销售额增长1.1％至164.6亿美元，超过分析师平均估计的163.7亿美元。---路透社

。可口可乐（KO）：第一季度非GAAP每股收益0.48美元，好于预期0.02美元; GAAP每股收益0.38美元。营业额8B美元（同比增长5.3％）超过预期1.1亿美元.---Seeking Alpha

。Twitter（TWTR）报告第一季度收入，每股盈利以及令人惊喜的DAU和MAU实力均有所突破。非美国通用会计准则每股盈利0.37美元，好于预期0.22美元; GAAP每股收益0.25美元。 营业额7.87亿美元（同比增长18.3％）超过预期1184万美元。 ---Seeking Alpha

。Verizon（VZ）：非GAAP每股盈利1.20美元，好于预期0.04美元; GAAP每股收益1.22美元。 营业额为32.13亿美元（同比增长1.1％）。 ---Seeking Alpha

。航空航天公司联合技术公司（UTX）报告第一季度调整后每股收益1.91美元，比预期高出20美分。营业额也高于华尔街预测，该公司上调全年业绩指引.--- CNBC

。摩根士丹利将高通（QCOM）从等权重升级至超重，并将目标价从55增加至95美元。分析师James Faucette表示，市场尚未完全理解上周与苹果公司达成的全球法律休战的机会。Faucette称QCOM是5G的“关键推动因素”，并表示“手机之外未被充分认可的选择范围”可能使其成为全球最大的半导体公司。分析师称，QCOM追求新市场的自由可以为120美元的牛市提供通道。