META-Physics
Meta (META) reported a better than expected 4Q22 after the close Wednesday. Revenue was off only 4% compared to a year ago – with many concerned it would be a lot worse. In addition, META continues to tighten up its…
Oh SNAP!
The bulls were bordering on euphoric heading into the close Tuesday but Snapchat (SNAP) has thrown cold water on them with another disappointing quarter. As you can see in the tweet above by Benzinga, Daily Active Users (DAUs) and Revenue…
INTC: Look Out Below!
Intel (INTC) just reported a brutal 4Q22. Revenue was -28%, Gross Margin decreased by 1200 basis points and EPS was off 92% to 10 cents. And things are going to get worse. INTC guided 1Q23 revenue to $10.5-$11.5 billion –…
KMB’s War For ‘Poop Superiority’, NOC Earnings
Yesterday on Kimberly Clark’s (KMB) 4Q22 earnings conference call, CEO Mike Hsu offered to take Barclay’s analyst Lauren Lieberman to KMB’s “war room on poop superiority”. Lieberman replied that it was on her 2023 agenda. Apparently this is an expensive…
COF Confirms Consumer Credit Stress
While most investors are focused on Microsoft (MSFT), I’m more interested in Capital One Financial (COF) which reported 4Q22 earnings Tuesday afternoon as well. COF has a $312 billion loan portfolio, $132 billion of which is domestic credit cards and…
Tuesday Morning Rundown: Goldilocks, DHI UNP LMT Earnings
The S&P closed above its 200 DMA Monday on hope that the Fed is close to done in its fight against inflation and the economy will avoid a recession. Investors are pricing in a “Goldilocks scenario” according to Liz Ann…
Take Profits In NFLX
Netflix (NFLX) reported 4Q22 earnings after the close just now. Net streaming subscribers – its key metric – beat expectations, increasing by 7.66 million. NFLX stock is currently +5% in the after hours. While the 4Q22 net streaming additions number…
DFS: Signs Of Credit Stress
Credit card company Discover Financial Services (DFS) reported 4Q22 earnings after the close Wednesday. DFS has a total loan portfolio of $112 billion – $90 billon of which is credit cards. When consumers start feeling financial stress, it shows up…
GS Is A Bull Market Stock; Time To Sell
Goldman Sachs (GS) is the premier investment bank in the world and arguably the greatest of all time. However – after an analysis of its 4Q22 earnings – I believe it is a bull market stock and should be sold….
Market Preview Week of Jan 17-20: BOJ Decision; Long PG, Short NFLX
The market is closed on Monday January 16 for Martin Luther King Day. Goldman (GS) and Morgan Stanley (MS) report earnings Tuesday morning. The big event next week may come from the Bank of Japan which I believe will make…