Diamonds and Dogs

1/10/25

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 in the short term. Even with today's rally, the stock is still down 50% in the last year.

PG&E (PCG) having a tough month. The California utility company stock is down 8% as the wildfires continue to burn out west, no fault of their own. On top of that, interest rates continue to creep higher as economic growth and inflation remain higher than expected.

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