Seagate Technology Non-GAAP EPS of $0.33 beats by $0.07, revenue of $1.66B in-line

Seagate Technology's Q3 Non-GAAP EPS of $0.33 beats by $.07, revenue of $1.66B in-line. The company's guidance for fiscal fourth quarter 2024 is in line with analyst expectations. Seagate Technology Holdings plc (STX) reports Q3 results.

SPY: The Setup Looks Extremely Bearish

SPY has been on a strong run recently, but the outlook is very bearish right now. The S&P 500 is overvalued based on several valuation models. A weakening macroeconomic outlook also poses a severe headwind for SPY. SPY is facing a challenging economic environment and outlook.

Weekly Report: what happened at EPS last week (0415-0419)?

Iran Attacks Israel - How Could Markets Be Impacted?

Weekly Report: what happened at EPS last week (0408-0412)?

Sideways, With A Splash Of Uncertainty

The S&P 500 established its last record high on the last Thursday in March, right before the long Easter weekend. The market has bounced around in a mostly directionless manner since then. The Q1 earnings season is officially underway as of Friday. The recent decline in stock prices has taken a relatively short-lived effect.

Q1 2024 Earnings Preview: Will Reports Be Good Enough To Turn Markets Positive

Q1 earnings season kicks off with Q1 2024 S&P 500 EPS growth expected to come in at 3.2%. The second quarter got off to a rocky start as major indices closed lower last week. Buybacks and dividend increases were on the rise in Q1. The Consumer Price Index for March was higher than expected.

Why We Won't See A Recession In 2024

The jobs market is unlikely to lead to a recession in 2024. Wage growth continues to trend lower, while a spike in unemployment that would trigger a recession appears unlikely from here. The labour market is cooling, but is expected to begin to tighten in the coming years. The decline in wage growth has been caused by a lack of labour supply.

What Will Election Bring About for Wall Street ETFs in 2024?

Weekly Report: what happened at EPS last week (0401-0405)?

U.S. Economic Review And Outlook Q1 2024

Spring 2024 Snapshot Of The S&P 500's Market Cap

Microsoft has become the biggest company in the S&P 500 with a market cap of nearly $3.3 trillion as of 28 March 2024. The first quarter of 2024 has come and gone. The index clocked a new record high of 5,254.35. The Top 10 stocks in the index together accounted for 32.5% of its total valuation.

International Paper highlights synergy benefits from a potential DS Smith acquisition

Consumer International Paper highlights synergy benefits from a potential DS Smith acquisition. International Paper (IP) confirms progress has been made in reciprocal due diligence. The company expects to provide shareholders with more detail on the type and quantum of synergies from the merger. DS Smith's corrugated packaging business is a core component of International Paper's business.

Weekly Report: what happened at EPS last week (0325-0329)?

Giverny Capital Rochon Global Portfolio 2023 Annual Letter To Partners

Giverny Capital Rochon Global Portfolio 2023 Annual Letter To Partners. Giverny is a Montreal-based investment advisor specializing in private wealth management. The company has managed a family portfolio since 1993. Since its inception in 1993, the GivernY portfolio has had a compounded annual return of 14.8%.

SilverCrest Metals: A Value Play In The Silver Sector

SilverCrest Metals Inc. Has seen a 19% increase in its stock price since November 2023. The company's Las Chispas Mine in Mexico is projected to produce 57,000 ounces of gold and 5.5 million ounces of silver annually at low costs. SilverCrest reported exceptional Q4 performance with increased sales, higher earnings, and a debt-free status.

Equities Ride The Magnificent Seven Wave - Time To Diversify?

The Magnificent Seven make up almost 30% of the S&P 500 market capitalization. Much of the rally in equities can be attributed to the performance of a handful of mega-cap stocks. Equal Weight Index futures enable investors to trade the market breadth, allowing for more diversification and less concentration. Seven Mega Cap Stocks Have Largely Been Driving the U.S. Stock Market.

Weekly Report: what happened at EPS last week (0318-0322)?

Universal Capitulation And No Margin Of Safety

Home Market Outlook Today's Market Universal Capitulation And No Margin Of Safety. The market is in a two-tier frenzy between the 'new economy' and the 'old economy' stocks. The U.S. Stock market stands at valuation extremes. Present-top valuation extremes might be the most extreme speculative bubble in history.

4 Years Later: The Portfolio Decision I'm Glad I Didn't Make