Tag #Corporate Earnings

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Busy Week for Corporate Earnings: 77% Beat Expectations

More than 100 S&P 500 companies, including Alphabet, Amazon, and AMD, will release their fourth-quarter earnings this week, marking the busiest week of the reporting period; 77% of the approximately 180 companies that have already reported exceeded analyst expectations, exceeding the 10-year average...

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16% Bias Score

Decent Work and Economic Growth
cnbc.com
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Chubb Reports Record Profits Despite Anticipated \$1.5 Billion Wildfire Loss

Chubb reported record 2024 profits with \$2.58 billion net income, but anticipates a \$1.5 billion pretax loss in Q1 2025 due to California wildfires; CEO Evan Greenberg criticizes California's insurance regulations for suppressing premiums, leading to unsustainable risk.

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44% Bias Score

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theglobeandmail.com
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Verizon's Strong Subscriber Growth Offsets Lower-Than-Expected Profit Forecast

Verizon's Q4 2024 results show the best wireless subscriber growth in five years (568,000 additions), exceeding expectations, driven by myPlan and iPhone 16 promotions; however, annual profit and free cash flow forecasts fell slightly short of Wall Street estimates.

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36% Bias Score

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Market Rotation, Moderna's Stock Drop, and Mixed Retail Results

Monday's market saw a rotation from tech stocks into other sectors, leading to a Dow Jones gain of 0.86%; Moderna's stock plummeted 17% after a $1 billion sales guidance cut; mixed retail performances, and the Justice Department released special counsel Jack Smith's report on President-elect Donald ...

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40% Bias Score

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Major Banks Lead Strong Start to 2025 Earnings Season

The 2025 corporate earnings season begins this week, with major U.S. banks like JPMorgan Chase, Goldman Sachs, and Wells Fargo, alongside UnitedHealth, set to report fourth-quarter results; analysts predict nearly 12% year-over-year earnings growth, potentially the strongest since 2021.

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28% Bias Score

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CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook

Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.

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52% Bias Score

Decent Work and Economic Growth
cnbc.com
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Mixed Results Shake Up Midday Trading

Midday trading saw significant stock fluctuations: Colgate-Palmolive fell 4% due to missed revenue expectations and a weak sales forecast, while KLA Corporation climbed 2% after exceeding fiscal second-quarter expectations. Other notable changes include Vertex Pharmaceuticals (up 7%), Deckers Outdoo...

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40% Bias Score

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Nvidia Rebounds, Boeing Disappoints in Premarket Trading

Premarket trading showed Nvidia's stock rising 3% after a prior 17% fall, while Boeing's stock fell slightly after missing fourth-quarter estimates, reporting an adjusted loss of $5.90 per share versus an expected $3.00 and revenue of $15.24 billion versus an expected $16.21 billion; other companies...

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44% Bias Score

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Strong Q4 Earnings Expected from 34 S&P 500 Companies

Next week, 34 S&P 500 companies, including Netflix, will report Q4 earnings, potentially exceeding expectations, with FactSet predicting a 12.3% growth; Wall Street favors several, such as Las Vegas Sands, Procter & Gamble, and Teledyne Technologies, showing significant upward revisions in earnings ...

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48% Bias Score

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smh.com.au
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US Market Dip Despite Positive Inflation Data

US indexes fell despite positive inflation data, with Eli Lilly dropping 7.4 percent and Nvidia 1.8 percent, while the Australian sharemarket is set to rise 0.1 percent.

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44% Bias Score

Reduced Inequality
cnbc.com
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U.S. Steel Stock Plunges on Lowered Guidance

U.S. Steel's stock fell 4% in after-hours trading after the company lowered its fourth-quarter guidance due to low steel prices and high costs, adding to its 35% decline in 2024 and raising concerns about a proposed buyout from Nippon Steel; Nike's stock was initially up 9% after hours but fell back...

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24% Bias Score

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Premarket Stock Volatility: Macy's, GE Vernova, and Dave & Buster's Lead Declines

Premarket trading saw significant stock movements; Macy's dropped 9% due to a lowered fiscal-year forecast, GE Vernova fell 2.4% on weak revenue guidance, and Dave & Buster's plummeted over 14% following disappointing Q3 results and CEO departure. Conversely, GameStop rose over 3% on an unexpected p...

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16% Bias Score

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