Carrier Global Delivers Mixed Q2 Results, Plan To Repurchase $1B Shares In H2

Carrier Global Corp reports second-quarter FY24 results. Net sales rose 12% Y/Y to $6.70 billion, missing the consensus of $7.00 billion. The company reported adjusted EPS of $0.87, beating the consensus. Carrier reduced its sales outlook to $25.5 billion.

Weekly Report: what happened at FPX last week (0715-0719)?

Container Costs Rise As Shippers Skip Dangerous Suez Canal, Stress Over Trump Tariffs

The cost to ship a 40-foot container of goods from Shanghai to New York has risen to nearly $10,000. Ships are taking the long way around Africa to avoid Houthi rebels in the Suez Canal. The spot rate for such a shipment hit $9,387 on July 11, up more than double from February.

Weekly Report: what happened at FPX last week (0708-0712)?

Weekly Report: what happened at FPX last week (0701-0705)?

Weekly Report: what happened at FPX last week (0624-0628)?

FPX's Holdings Could Mean 16% Gain Potential

Weekly Report: what happened at FPX last week (0617-0621)?

IPO ETF: Hard To Know Where It Fits

Weekly Report: what happened at FPX last week (0610-0614)?

Weekly Report: what happened at FPX last week (0603-0607)?

What's Going On With Software Company Samsara Shares Today?

Samsara Inc. Reported first-quarter FY25 revenue rose 37% Y/Y to $280.7 million. Annual Recurring Revenue surged 37% to $1.18 billion. The company beat the consensus estimate of $266.84 million. Samsara shares are trading lower after the company's results.

Weekly Report: what happened at FPX last week (0527-0531)?

How The Pieces Add Up: FPX Headed For $115

Weekly Report: what happened at FPX last week (0520-0524)?

Growth Stocks Demonstrating Resilience

Two years ago, growth stocks were one of the hardest-hit investment styles. The Russell 1000 growth is up nearly 11%, beating the market. Year-to-date, stocks are proving resilient in the face of higher interest rates and more muted expectations for monetary easing. The big difference between 2022 and today is a more benign economic backdrop.

Weekly Report: what happened at FPX last week (0513-0517)?

Weekly Report: what happened at FPX last week (0506-0510)?

Uber's Low Growth-Adjusted Multiple Creates An Attractive Entry Point: Morgan Stanley

Morgan Stanley analyst Brian Nowak reiterated an Overweight rating on Uber Technologies, Inc (NYSE:UBER) with a price target of $90. Nowak flagged that UBER’s growth-adjusted multiple is now lower than Lyft, Inc and Maplebear Inc.

Weekly Report: what happened at FPX last week (0429-0503)?