Independent thinking for complex markets and current events
Today's earnings include Intel, $INTC, Google, $GOOGL, Microsoft, $MSFT, Snap, $SNAP, $ROKU, and more.https://t.co/lNGVHeG6RW pic.twitter.com/sjnPDmr4Id — unusual_whales (@unusual_whales) April 25, 2024 Of course, these stocks added trillions of market cap in their run ups to new all time highs. However, so far, the decline has been just as fast as the move higher. Not exactly …
Tesla’s recent earnings stumble, coupled with its first year-over-year sales drop, casts a shadow over the electric vehicle giant. Despite bold initiatives like the Cybertruck launch and pricing adjustments, revenue plummeted by 9% in Q1, prompting investor alarm. Despite Tesla's efforts, including the launch of the Cybertruck and refreshing the Model 3 with lower prices …
Tesla reports biggest revenue slide since 2012 https://t.co/fhOKgR5VEW — The Coastal Journal (@1CoastalJournal) April 23, 2024 Tesla, once hailed as a pioneer in the electric vehicle market, finds itself navigating turbulent waters with a 9% revenue decline in the first quarter, marking its sharpest drop since 2012. This setback, attributed to ongoing price reductions and …
In the rapidly evolving landscape of electric vehicles, Tesla’s recent stock crash and potential pivot towards self-driving technology have sent shockwaves through the market. With layoffs and restructuring underway, the company faces a pivotal moment that could redefine its trajectory and competitive standing in the industry. Key points: Tesla’s stock plummeted by 43% amid doubts …
by betsharks0 In this case, the interest rates on 10-year bonds higher than s&p It could suggest that people are becoming less worried about the immediate future compared to the long-term outlook. IN RECESSION Scenario: If the yield curve is normalizing during a recession, might be due to the belief that the worst of the …
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I think some of them are still overly reliant on industry deposits, …
Something just broke. 🚨BANK EARNINGS 📉 Bank of America stock is down 5% today after reporting terrible earnings they’re profits -18% All banks continue their selling as earnings. Come in terrible.$bac pic.twitter.com/ThvImsLjg7 — The Coastal Journal (@1CoastalJournal) April 16, 2024 The gaslighting of the data will be one for the ages pic.twitter.com/fsN1Zc4KGo — The Coastal …
Rumble Inc. (NASDAQ:RUM) Q4 2023 Earnings Call Transcript March 27, 2024 Rumble Inc. beats earnings expectations. Reported EPS is $-0.14, expectations were $-0.22. RUM isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings. Welcome to Rumble Inc. Fourth Quarter 2023 Earnings …
Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) Q4 operating earnings rose 28% from a year ago, driven by improvements in insurance underwriting and investment income, which more than offset declines at its railroad, utilities and energy, and other businesses. The company doubled the amount of its common stock it repurchased to $2.2B during the quarter compared with $1.1B …
Barrick Gold Corporation GOLD recorded net earnings (on a reported basis) of $479 million or 27 cents per share in fourth-quarter 2023. The figure improved from a loss of $735 million or 42 cents per share in the year-ago quarter. Barring one-time items, adjusted earnings per share were 27 cents. The figure beat the Zacks …
This is deeply concerning! New York Community Bank’s 40% stock drop, dividend cut, and unexpected loss signal potential trouble. Small banks remain vulnerable, especially with the looming Fed’s emergency loan program expiration. Many of these small banks hold tons of exposure to commercial real estate loans. 70% of all CRE loans in the US are …
The S&P 500 rose Monday and closed at a fresh record high as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. The benchmark index climbed 0.76% to 4,927.93, topping its highest ever close of 4,894.16, reached Jan. 25. The Dow Jones Industrial Average added 224.02 points, or …
As the earnings season unfolds, the SPX’s first-quarter and year-ahead earnings projections are on a downward spiral. Earnings surprises are meager at +6.1%, marking 2023’s weakest performance. With a grim earnings growth of about -2%, the initial expectations of +2% have crumbled. Over 20% of the S&P 500 has reported lackluster results, raising concerns about …
h/t 🅱️arfield Enthusiast
Tesla, the electric vehicle giant, faces headwinds as it misses fourth-quarter estimates, reporting weaker-than-expected auto revenue. Despite a 3% growth in total revenue, automotive revenue saw a mere 1% increase from the previous year. The company warns of potentially lower vehicle volume growth in 2024, signaling a cautious outlook for the year ahead. Key financial …
California’s GDP increased by 173%, but median household earnings only grew by 4% SINCE 1984-2024 https://t.co/AZAxWOj9dj — The Punisher (of Wall ST) (@GregCrennan) January 9, 2024
by DLS0314 Slowing Economic Climate: As the economy faces headwinds, consumer spending and business investments often retract. For UPS, this means potentially fewer packages shipped, directly impacting revenue. Given its position as a logistics behemoth, UPS’s performance is tightly interwoven with economic health, making it susceptible to broader market downturns. E-commerce Plateauing: After a pandemic-induced surge, e-commerce …
Earnings estimates for #sp500 $spx in 2024 have been flat and have not improved. The entire rally has been based on multiple expansion. Earnings typically trend with inflation expectations. It's not a better fundamental outlook. In fact, GDPNow sees 1.3% real growth in 4Q and… pic.twitter.com/oMAYwROXpC — Michael J. Kramer (@MichaelMOTTCM) December 7, 2023 The …
by confoundedinterest17 Where has all the GDP gone? Not to wages. As expected, Q3 Real GDP was revised upwards to 5.2% annualized. Of course, this shatters JKP’s talking points that Biden inherited a train wreck of an economy from Trump. Q3 2020 Real GDP grew at over 30%. And on a year-over-year (YoY) basis, US real GDP grew …
The current VIX level of 13 reflects a hesitancy among investors to take a bearish stance on the prominent Big 7 stocks. Global corporate buybacks, on a downward trajectory since 2019 despite heightened volatility in inflation and interest rates, may indicate a erosion of savings. As downgrades to U.S. earnings estimates persist for nine consecutive …
by TerranOPZ I’m seeing a lot of butthurt people pumping that Nvidia’s numbers were amazing. I’m seeing it a lot on bagholder news networks and grifttube when I google “nvidia results”. Revenue guidance of 20.0b on 18.1b is a complete joke. That is a massive slow down for what is supposed to be a massive …
The current tech rally’s fate rests on Nvidia’s earnings, with a cautionary reminder of the overlooked lessons from Thanksgiving 2021. Despite substantial Black Friday sales, the only mega-cap breaking out to new all-time highs suggests a potential meltdown on the horizon. Bulls are urged to proceed with caution amid signs pointing to an inevitable market …
The collapse in the Producer Price Index (PPI) signifies a critical shift, as companies find themselves unable to command exorbitant prices from customers, leading to a significant impact on their profit margins. The era of making extraordinary profits and refinancing at 0% appears to be coming to an end, exacerbated by the Federal Reserve’s decision …
Lower-income consumers have been hit harder by rising prices for basics. And those higher prices overall have made customers more selective when they spend on things they want rather than things they need. Higher energy prices and borrowing costs, as well as stricter credit conditions and the return of student-loan payments, have also posed threats …
S&P 500 earnings revision breadth going deeply negative means that a substantial number of companies in the S&P 500 index are revising their earnings forecasts downward, signaling potential challenges and contributing to market concerns. Uh oh. S&P 500 earnings revision breadth has gone deeply negative. 🫤 pic.twitter.com/timlZF3xV6 — Markets & Mayhem (@Mayhem4Markets) November 6, 2023 …
$MSFT costume IV indicator Hedging activity has risen as yields continue to climb.. all big tech look the same. Also Netflix before earnings and then popped higher +15%. 🧐 Microsoft on Tuesday after the close with google. If earnings are good many will get fucked. Few. pic.twitter.com/vjTJpG9rTf — Alessio (@AlessioTMAD) October 22, 2023 BofA turns …
