Author Archive: Jeremy Parkinson
Twilio Shatters All Market Expectations
Cloud computing software vendor Twilio (NYSE:TWLO) has been on a roll. It continues to deliver financial results that outpace all market expectations, driving its stock higher. The stock has witnessed a 220% growth rally during the year. Twilio’s Financials For the second quarter of the year, Twilio’s revenues grew 54% to $147.8 million, significantly ahead […]
No Reason To Predict Yield Curve Inversion
Yes, an inverted yield curve has been a good predictor of recessions. And yes, the yield curve has been flattening for the last year. But no one can predict when the yield curve will actually invert. This is another fruitless endeavor that will only harm the investor. Currently, the yield curve is only about 20 […]
Box (BOX) Q2 Loss Narrower Than Expected, Revenues Beat
Box, Inc.’s (BOX – Free Report) fiscal second-quarter 2019 adjusted loss was 5 cents per share, narrower than the Zacks Consensus Estimate of 6 cents per share. Revenues came in at $148.2 million, surpassing the consensus mark of $147 million. Revenues were also ahead of the guided range, increasing 21% year over year. Following second-quarter results, its […]
Economic Data Calls
Here’s what we are looking for in tomorrow’s economic reports (Aug 29, 2018). 1. CA Current Account Balance (8:30 NY Time) — Bullish CAD Potential for upside surprise given improved trade balance 2. US GDP and Pending Home Sales (8:30 and 10:00 NY Time) No Trade — Revisions to GDP are hard to predict but changes can be […]
Morgan Stanley Sees Potential For ‘Big’ Dividend Raise From Microsoft
Morgan Stanley analyst Keith Weiss notes that Microsoft typically announces a dividend raise in mid-September and points out that the company has raised its dividend by an average of 14% annually since the financial crises in 2009, when the dividend was unchanged. Microsoft has underperformed the market the day after its dividend announcement in nine […]
Inventory Adjustment Adds 2 Percentage Points To GDPNow Estimate
The gap between GDPNow and Nowcast is 2.6 percentage points, the widest ever. Inventories pad the GDPNow estimate. The spread between the GDPNow model and the Nowcast model of GDP predictions is the largest ever. GDP Estimates GDPNow: 4.6% GDPNow Real Final Sales: 2.6% GDPNow CIPI: 2.0% Nowcast: 2.0% The GDPNow Change in Private Inventories (CIPI) component is as […]
American Companies Hike Prices As Consumer Demand Soars
While businesses are already enjoying the benefits of lower taxes and regulatory relief from the Trump administration, they have yet another reason to celebrate, according to Bloomberg. By pouring hundreds of billions of dollars of tax cuts and extra government spending into an already stretched economy, Trump is fostering an environment where firms such as conglomerate 3M […]
