Category Archive: Finance, No picture
Alphabet Plunges 6% After Google Cloud Results Disappoint
Image Source: Unsplash The big question into Alphabet’s earnings was what, if any, progress they had made on monetizing the AI promise without cannibalizing the company’s main moneymaker – search advertising; and just how much capex they blew on NVDA chips to feed the LLM-processing beast.So how did Alphabet do? A quick look at the results […]
Grains Report – Tuesday, October 24
Photo by Polina Rytova on UnsplashCrop Progress Date 22-Oct 15-Oct 2022 Avg Cotton Bolls Opening 98 87 92 90 Cotton Harvested 41 33 44 39 Corn Harvested 59 45 58 54 Soybeans Harvested 78 52 78 67 Sorghum Mature 96 92 94 94 Sorghum Harvested 67 53 66 61 Peanuts Harvested 55 47 66 50 […]
3 Crypto Stocks To Buy In A Bitcoin Bull Run
Renewed Bitcoin optimism places many assets on the table. Block appears to be the most discounted one.Since Friday, Bitcoin price jumped 18%, going from $28.5k to $34.1k, pulling the entire crypto market into the bullish waters. At the same time, following Sunday’s $30k resistance breach, Bitcoin bears suffered $210 million in short liquidations. The Bitcoin surge then […]
Softs Report – Tuesday, October 24
Photo by Tina Guina on UnsplashCottonGeneral Comments: Cotton closed higher yesterday as the US Dollar moved lower. There were reports of fresh demand in cash markets as well.. Demand remains weak for this market with another poor week of export sales reported by USDA. Ideas are that the US could be headed into a recession […]
Markets Trading Fear, Greed & Technical Damage – The Corn & Ethanol Report
Photo by Waldemar on UnsplashWe kickoff the day with Redbook YoY at 7:55 A.M., S&P Global Composite PMI Flash, S&P Global Manufacturing PNI Flash, and S7P Global Services PMI Flash at 8:45 A.M., Richmond Fed Manufacturing Index, Richmond Fed Manufacturing Shipments Index, and Richmond Fed Services Index at 9:00 A.M., 2-Year Note Auction at 12:00 […]
The Energy Report: Damage Is Done
Photo by Zbynek Burival on UnsplashOngoing hostage negotiations and the delay of Israel’s ground invasion did technical damage to the oil charts. On the one hand, the risk to supply is still there with the possibility of cracking down on Iran and its oil It’s but the imminent risk to oil supply has been put […]
S&P 500 Earnings Dashboard 23Q3 – Tuesday, Oct. 24
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions The 23Q3 Y/Y blended earnings growth estimate is 1.7%. If the energy sector is excluded, the growth rate for the index is 6.4%. Of the 118 companies in the S&P 500 that have reported earnings to date for 23Q3, 81.4% reported above analyst expectations. This compares to a long-term average of 66%. The 23Q3 Y/Y blended revenue growth estimate is 1.1%. If the […]
What Wall Street Experts Are Saying About Microsoft Ahead Of Earnings
Image Source: Pixabay Microsoft (MSFT) is scheduled to report results of the first quarter of its fiscal year 2024 after the market close on Tuesday, October 24, with a conference call scheduled for 5:30 pm ET. What to watch for: CLOUD AND AI: In its fiscal fourth quarter, the company reported Microsoft Cloud quarterly revenue of $30.3B, up 21% […]
Watch These 5 Homebuilder Earnings Charts This Week
Image Source: Unsplash Earnings season really kicks into high gear this week with over 900 companies expected to report including several of the Magnificent 7 companies and dozens of other S&P 500 companies as well.Every sector will be represented but investors may want to tune into the homebuilders this week. The homebuilders have staged a massive […]
Bull Of The Day: NeoGenomics
Photo by Maxim Hopman on UnsplashNeoGenomics (NEO) is a small-cap provider of cancer genetics diagnostics. They boast one of the most comprehensive oncology-focused testing menus in the world to help physicians diagnose and treat cancer.NeoGenomics serves the needs of pathologists, oncologists, academic centers, hospital systems, pharmaceutical firms, integrated service delivery networks, and managed care organizations throughout […]
