Diamonds and Dogs
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2/11/25
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 packaging plans.
Marriott (MAR) drops on earnings even as the company beat estimates by 6 cents and sales rose 5% to $6.43 billion. The reason for the weakness was lower guidance for first quarter and the full year on soft demand and outlook for room growth and demand.
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.