Be in the know. 12 key reads for Friday…

  1. Citigroup looks to mend fences with Texas (foxbusiness)
  2. Baidu embeds ChatGPT-like service on flagship online search engine (scmp)
  3. PayPal Is Buying Back Its Stock. Should You? (fool)
  4. Carl Icahn’s Firm OKs Buybacks, Increases Shares Backing His Debt (bloomberg)
  5. Disney CEO Suggests He’ll Keep Hulu, Has Held Talks With Comcast (bloomberg)
  6. Why Amazon Isn’t Checking Out of Groceries (wsj)
  7. US-China Talks Give Hope to Investors After Tumultuous Period (bloomberg)
  8. ‘Death cross’ in 10-year yield highlights the end of the longest bullish stretch in at least 30 years (marketwatch)
  9. In Bid to Ease Tensions, Top Biden Aide and Chinese Diplomat Meet (bloomberg)
  10. SoftBank Says Goodbye to Alibaba, Hello to More AI Investments (wsj)
  11. Economy Showed Signs of Cooling Last Month (wsj)
  12. Legendary editor Graydon Carter dishes on why he reads The Post every day (nypost)

Industrials (top 30 weights) Earnings Estimates/Revisions

In the spreadsheet above I have tracked the earnings estimates for the Industrials Sector ETF (XLI) top 30 weighted stocks. I have columns for what the 2023 and 2024 earnings estimates were on 3/10/2023 and today (5/10/2023). The column under the date 5/10/2023 has a letter that represents the movement in 2023 earnings estimates since the most recent print (3/10/2023).

Continue reading “Industrials (top 30 weights) Earnings Estimates/Revisions”

Exploration & Production Sector (XOP) – Earnings Estimates/Revisions

In the spreadsheet above I have tracked the earnings estimates for the Exploration & Production Sector (XOP). I have columns for what the 2023 and 2024 estimates were on 3/10/2023 and yesterday (5/10/2023).

Continue reading “Exploration & Production Sector (XOP) – Earnings Estimates/Revisions”

Be in the know. 25 key reads for Thursday…

  1. China says willing to work with U.S. on audit deal (reuters)
  2. SocGen Strategists Say Hedge Funds Are Too Pessimistic on Stocks (bloomberg)
  3. Why the April Inflation Report Reinforces the Fed’s Plans to Pause (wsj)
  4. com Shares Jump on Earnings Beat. (barrons)
  5. 2 Bullish signals suggest the S&P 500 could surge 19% to record highs over the coming year, Bank of America says (businessinsider)
  6. SoftBank Says Goodbye to Alibaba, Hello to More AI Investments (wsj)
  7. PPI data for April show 12-month wholesale-level U.S. inflation rate of 2.3% (marketwatch)
  8. Alphabet Strikes Back at Microsoft. How Analysts See the AI Battle Shaping Up. (barrons)
  9. Disney Makes Tough but Necessary Choices on Streaming (wsj)
  10. Can Inflation Fall Fast Enough for the Fed? (wsj)
  11. Bank-Stock Buying Rolls on as Insiders Snap Up Shares (barrons)
  12. What Goldman Sachs says the really rich are doing with their money right now (marketwatch)
  13. Here’s why investors should pay attention to this Warren Buffett move (marketwatch)
  14. Who will win Big Tech’s race for the best AI assistant: Google, Apple, Meta or Amazon? (marketwatch)
  15. IBM rolls into AI arms race with Watsonx (marketwatch)
  16. Google Says Search Enters New Era With Conversational AI Features (wsj)
  17. Too Small to Succeed Is the Problem Facing Regional Banks (bloomberg)
  18. US Jobless Claims Rise to Highest Since October 2021 in Sign Labor Market Is Cooling (bloomberg)
  19. The $105,000 Lotus Emira Looks Like a Supercar—for Half the Price (bloomberg)
  20. Reading the Entrails for a Fed Pause Versus Cuts (bloomberg)
  21. Wharton Professor Jeremy Siegel says stocks could jump 15% this year as long as the Fed cuts rates quickly (businessinsider)
  22. PacWest Shares Crash After Reporting Deposit-Flight Accelerated Last Week (zerohedge)
  23. Disney’s earnings rise on park strength as streaming subs decline (foxbusiness)
  24. China’s asset management sector to double in size to US$40 trillion: McKinsey (scmp)
  25. Big Banks Face Billions in Extra FDIC Fees to Cover SVB Failure (bloomberg)

“Heads Carolina, Tails California” Stock Market (and Sentiment Results)…

“She Had Me at Heads Carolina” is a song co-written and recorded by American country music singer Cole Swindell. The song contains lyrical and melodic references to Jo Dee Messina’s 1996 debut single “Heads Carolina, Tails California”, and credits that song’s writers Mark D. Sanders and Tim Nichols as co-writers. The song peaked at number 16 on the Billboard Hot 100, Swindell’s highest charting appearance to date. (Source: Wikipedia) Continue reading ““Heads Carolina, Tails California” Stock Market (and Sentiment Results)…”