Energy stocks have played a diminishing role in the S&P 500 Index for years, and a rally Monday did little to reverse the trend. The industry’s weight in the S&P 500 has plummeted as much as 73% from a record in July 2008, according to data compiled by Bloomberg. Oil and gas producers and service … Continue reading Where’s the Love?
FedEx plunges... plunges? I'd guess a 12%+ drop is a plunge, definitely don't want to see it in my portfolio. They reported earnings of $3.05 per share on revenue of $17.0 billion. The consensus earnings estimate was $3.17 per share on revenue of $17.1 billion. Revenue was flatish. The company said it expects fiscal 2020 … Continue reading FedEx is Having a Bad (5) Year(s)
Even before today Nasdaq stocks were showing signs of life
American Dream: 68% of Millennial Homeowners Regret Buying a Home A Bank of the West study finds that 68% of millennials regret buying a home.
Families Go Deep in Debt to Stay Middle Class: Revolving Credit Jumps 11.2% The Fed's consumer credit report shows a jump in total credit and an even bigger jump in credit card debt.
The FANG stocks and their U.S. peers had a chance to break out of a months-long slide and couldn't get it done.
The company with the fun to say name reported 2nd Quarter July 2019 earnings of $1.24 per share on revenue of $2.6 billion. The consensus earnings estimate was $1.14 per share on revenue of $2.6 billion. The company said it expects third quarter revenue of $2.84 billion to $2.96 billion, and earnings of $1.48 to … Continue reading Nvidia!
Paypal had a great quarter, beating estimates by almost 18% on the earnings side and meeting revenue estimates. Revenue grew 11.6% y-o-y. They reported $0.86 per share on revenue of $4.3 billion. Future guidance was the problem, the company said it expects third quarter earnings of $0.69 to $0.71 per share on revenue of $4.33 … Continue reading Paypal Reports
Unfortunately the estimate was for a loss of $0.52... Tesla reported a loss of $1.12 per share on revenue of $6.3 billion(also missed revenue estimate of $6.4 billion). Revenue did grow by almost 60%. The totally believable shareholder letter said the company expects positive GAAP earnings in the 3rd quarter, consensus estimates are for $0.27 … Continue reading Tesla Doubles Estimate!
Align Technology , the maker of clear braces, reported 2nd Quarter June 2019 earnings of $1.64 per share on revenue of $600.7 million. The consensus earnings estimate was $1.52 per share on revenue of $595.6 million. Revenue grew 22.5% on a year-over-year basis. The company said it expects third quarter earnings of $1.09 to $1.16 … Continue reading Align Tumbles on Cautious Outlook