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Booking Holdings (BKNG) is higher following earnings as consumers want to travel. The company easily beat estimates sales rose 14% year over year to $5.47 billion. Gross bookings rose 17% as room nights rose 13%. On their conference call, management said the start of 2025 continues to see healthy... Read More
International markets continue to perk up. The Chinese Amazon, Alibaba (BABA) is up 6% on strong earnings and sales as the Chinese economy slowly improves. Alibaba's investments in cloud and AI business are starting to pay off. Alibaba recently teamed up with Apple to bring AI features to their... Read More
Oil stocks, Occidental Petroleum (OXY) and Devon Energy (DVN) are up 5% and 8% following better than expected earnings. Oil stocks and International markets including China have quietly outperformed so far this year under the Trump administration. Occidental also raised their dividend and received positive news that Warren... Read More
CVS Health (CVS) turnaround looks to be working. The giant healthcare chain is up 8% to a six-month high as they beat by 28 cents as sales rose 4% to $97.71 billion. CVS saw growth at its pharmacy and consumer wellness segment, which have helped to offset... Read More
Coke (KO) is higher by 4% following better than expected earnings as sales rose 6% to $11.54 billion thanks to strong demand for to-go drinks, energy drinks, teas, dairy and plant based beverages even as the company hiked prices. Coke also mentioned Trumps possible aluminum tariffs will not change Coke's... Read More
Uber (UBER) jumps 4% today, up 20% since lows last Thursday following lackluster earnings. Since then billionaire, Bill Ackmann disclosed a 1% stake in the stock while Uber Eats commercial in the Super Bowl with Matthew McConaughey was a big hit. McDonalds (MCD) higher even as earnings missed estimates... Read More
Uber (UBER) rebounding after disappointing earnings earlier in the week. Uber is jumping today on news billionaire, Bill Ackman and his Pershing Square firm has bought over 30 million shares or over 1% of the outstanding shares in the open market saying it's one of the best managed and... Read More
Ralph Lauren (RL) jumps 6% on earnings. The maker of Polo easily beat expectations as sales rose 10% to $2.14 billion. North American sales were strong as the global operating environment remains choppy. The got a boost in sales from being the official outfitter of Team USA in the... Read More
Amgen (AMGN) jumps 6% lifting the Dow as sales rose 11% while 10 products posted double digit growth in the quarter. Amgen's stock surged even as the FDA placed its obesity treatment on clinical hold. Management still expects to eventually develop the treatment. Amgen raised its dividend to... Read More
Palantir Technologies (PLTR) jumps over 20% to all-time highs following strong earnings with no signs of deceleration in growth going forward. Palantir engages in the business of building and deploying AI software platforms that serve as the central operating systems for its customers. Palantir and their software are instrumental... Read More
Tyson Foods (TSN) rises 2% following earnings and ahead of the Super Bowl. Tyson credited the strong earnings to their chicken business with margins in the chicken business nearly doubled to 8.6% as their beef operations continue to struggle, actually losing money. America's cattle supply is at its lowest... Read More
Apple (AAPL) rises 2% as investors breath a sign of relief following earnings, beating expectations even as iphone sales slowed in China. Weakness in iphone sales was overcome by stronger demand from Mac and iPads. The big winner in the quarter was from the service department with growth of... Read More
IBM (IBM) jumps 12% to a new high on strong earnings thanks to AI business. IBM easily beat by 14 cents with their AI business now standing at $5 billion, up $2 billion quarter over quarter. IBM also forecasts a strong 2025 and beyond and expect... Read More
Starbucks (SBUX) jumps 8% even though earnings were not spectacular. With new leadership and management, Wall Street is optimistic about the company's future and turnaround with a shift in marketing, promotional spending and in store prioritization. The company may also shrink their menu and reevaluate expansion plans to boost... Read More
Royal Caribbean (RCL) jumps 11% to an all-time high following strong earnings and guidance as demand is strong for cruises in 2025. Royal Caribbean is also expanding their line with 10 new ships starting in 2027 for river cruises. Management expects nearly half their existing guests to participate in... Read More
AT&T (T) is up 5% to a new recent high on better than expected earnings and guidance. Earnings easily beat estimates as net income jumped 70% on one-time items. AT&T added a net 482,000 postpaid phone customers in the quarter, along with 307,000 net subscribers for its fiber internet service,... Read More
Verizon (VZ) higher on earnings and guidance. The telecommunications giant beat earnings and sales guidance for the quarter, forecasting inline guidance, but growth for 2025. Earnings and guidance was better than expected due to price hikes and net new subscribers for the quarter. Verizon was given approval to acquire Frontier... Read More
GE Aerospace (GE) jumps 6% following better than expected earnings. The main driver for earnings was strong demand for spare parts and services for aerospace. Production issues at both Boeing and Airbus are forcing commercial airlines to lean heavily on their existing fleet, creating the need for additional maintenance. GE... Read More
Netflix (NFLX) jumped 9% on better than expected sales as revenue grew 16%. The company also provided upside guidance for 2025 after adding 19 million new subscribers with further momentum going forward. Netflix is also considering raising prices on most plans in the U.S., Canada, Portugal, and Argentina. The... Read More
3M (MMM) led the Dow and S&P 500 higher on this first full day under the Trump administration. 3M rose 4% based not on fourth quarter earnings, but guidance for 2025 with a return to positive organic revenue growth for the full year. 3M expects the U.S. and the... Read More
Trump stocks run up into the inauguration. Tesla (TSLA) rose 3% as Elon Musk is soon to be President Trump's biggest supporters. A rumor this afternoon sparked further buying as speculation that Telsa and Mush would look to purchase TikTok as a ban in the US draws closer. JB Hunt... Read More
More good news out of the banking industry. Morgan Stanley (MS) is up 2% on earnings after jumping 4% yesterday when the rest of the sector reported earnings. Similar to Goldman Sachs, Morgan Stanley is bullish on M&A deals saying their pipeline of deals is outpacing recent years. UnitedHealth Group... Read More
Good day for the markets and the banks. JP Morgan Chase, Wells Fargo, Citigroup, Goldman Sachs, Blackrock and BNY Mellon are all higher by 2% or more following earnings this morning. Goldman and Wells Fargo are up 5% while the big winner is Citigroup© up 7%. Profit-taking in Lululemon (span... Read More
Merger Tuesday this week as United Rental (URI) rose 5% after H&E Equipment Services (HEES) agreed to be acquired for $4.8 billion. With both stocks higher, the deal is being called a win win combining one of the top rental companies with one of the largest rental equipment... Read More
The energy sector (XLE) remains a diamond to start the new year, up 2% today and up nearly 5% to start the new year. The price of oil rose to $80 a barrel, its highest level in four months on concerns of pending sanctions from the Trump administration. Moderna (span... Read More
Walgreens (WBA) jumps on better than expected earnings. The pharmaceutical retailer is up 25% after beating estimates by 13 cents as sales rose 7% to $39.5 billion. The company also International sales and US healthcare business is offsetting their weak pharmacy business as a mid-flu season has hurt sales... Read More
Healthcare space having a good day. Eli Lilly (LLY) rose 2% as Medicare will cover their popular weight loss drug, Zepbound for apnea. Truist upgraded the stock with a $1029 price target. Medical device makers, Boston Scientific (BSX) and Medtronic (MDT) were up 4% and 3% respectively.... Read More
Oil extends its gains for 2025, up 3% for the year, back to October highs even as President elect Trump wants to increase oil production and thereby lower prices. Devon Energy (DVN), Hess (HES) and ConocoPhillips (COP) are all up 2% or more today at multi-month highs. Sell... Read More
Tech stocks regaining their footing. Micron (MU) is up 10%, Nvidia (NVDA) is up 5% while all the semi chip equipment stocks are strong as well thanks to reports from Taiwan's Foxconn that demand for artificial-intelligence infrastructure is still booming. T-Mobile (TMUS) gets hit with two downgrades. The stock... Read More
Nvidia (NVDA) regains its stride here in 2025. The AI chipmaker is jumping 4% as the semiconductor index is up 2% today. No news today, but AI demand continues to surge with no sign of a spending slowdown anytime soon. Nvidia jumped more than 150% for 2024. US Steel (X)... Read More
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.