In partnership with |  |
| | Happy Friday! | As a reminder, following today's issue, the newsletter schedule will be changing! | I'll be shifting back to a weekly release every Sunday, beginning May 12th. | I'll also be experimenting with a fresh format over the next few weeks that I think you'll really enjoy. Stay tuned! | Some key data bites from this week that you should know: | | In today's newsletter: | 🍎 Apple Announces $110B Share Buyback 📈 Google Hits $2T Market Cap 🔎 Alphabet Announces A Dividend
| Let's dive right in! | | | Apple is unloading its treasure chest. | The tech giant announced a colossal $110B share buyback, its largest ever, as part of its Q2 FY24 earnings release. | Additionally, Apple boosted its dividend by 4% to $0.25 per share. | Quarterly Highlights: | 🟢 Earnings: $1.53 vs. $1.50 Est. 🟢 Revenue: $90.75B vs. $90.01B Est. 🔴 iPhone Revenue: $45.96B vs. $46.00B Est. 🟢 Services Revenue: $23.9B vs. $23.27B Est.
| During the earnings call, CEO Tim Cook linked this quarter's 4% sales dip to last year's circumstances when Apple replenished iPhone inventory and met pent-up demand following COVID-19 supply disruptions. | He noted that this added an estimated $5B in sales last year and suggested that excluding this figure, Apple would have seen revenue growth this year. | Importantly, Cook highlighted that iPhone sales in Mainland China are on the rise, with the iPhone 15 and iPhone 15 Pro Max being the two top-selling smartphones in urban China. | He reiterated his confidence about Apple's long-term prospects in that region. | While iPhone sales increased there, the overall revenue the company generated from China declined, though it was less severe than anticipated, dropping 8% to $16.37B. | Looking forward, CFO Luca Maestri projected modest optimism with expectations for low single-digit revenue growth next quarter. | He also anticipates steady double-digit growth in services, similar to the growth in the first half of the fiscal year, and a double-digit YoY increase in iPad sales. | | | Alphabet, the parent company of Google, is now a member of the elite $2T market cap club. | It joined forces with giants Microsoft, Apple, and Nvidia following the release of its Q1 FY24 earnings and announcement of its first dividend. | Overall, the advertising sector has been surging recently. | Meta's revenues rose by 27% YoY in Q1, though its stock declined due to an increased forecast in capital expenditures. | Snap, the parent company of Snapchat, also made headlines with its Q1 performance, posting revenues of $1.2B, up 21% YoY. | Surprisingly, it reported an adjusted EBITDA of $46M, far surpassing the $68M loss analysts anticipated. | The company also saw its daily active users grow by 10% YoY to 422M. | Pinterest is another social media company riding the wave of growth. | The company's stock soared nearly 20% this week following a 23% increase in revenue to $740M in Q1, doubling its growth rate from the previous quarter. | Similar to Snapchat, its user base also expanded, with global monthly users increasing 12% YoY to hit 518M. | | |
The obesity drug market is booming, with giants like Novo Nordisk and Eli Lilly posting strong earnings this week.
| Eli Lilly, known for Mounjaro, exceeded analyst expectations with earnings of $2.58 per share and revenue of $8.77B. | The company anticipates tight supply due to increasing demand, and thus expects continued strong sales from Mounjaro and their new weight loss drug, Zepbound. | Sales of Mounjaro tripled compared to the same quarter last year. | Novo Nordisk, maker of Wegovy, also beat estimates with a 28% YoY increase in net profit. Wegovy's sales doubled in Q1 to 9.8B Danish kroner. | Both companies raised their outlook for 2024, with Eli Lilly expecting sales growth of 24-28% and Novo Nordisk anticipating operating profit growth of 22-30%. | | |
| Put your money to work in a high-yield cash account with up to $2M in FDIC† insurance through program banks. | Get started today, with as little as $10. | | ✈️ Death Mystery. A second Boeing $BA whistleblower was found dead following a sudden illness - USAT | 📈 Capitol Gains. ETFs that are tracking lawmakers are outperforming the S&P 500 - FT | 🌱 Weed Boom. The U.S. DOJ is moving to reclassify cannabis as less dangerous - R | 📰 ChatGPT Lawsuit. Eight newspaper publishers are suing OpenAI over copyright infringement - CNBC |
|
| | Notable Companies Reporting Earnings Next Week: | Monday (5/6): Vertex $VRTX, Palantir $PLTR, Microchip Technology $MCHP, Realty Income $O, Simon Property Group $SPG, Lucid $LCID
Tuesday (5/7): Walt Disney $DIS, BP $BP, UBS $UBS, Arista Networks $ANET, Ferrari $RACE, Occidental Petroleum $OXY, Datadog $DDOG, Coupang $CPNG, Electronic Arts $EA, Celsius Holdings $CELH, Twilio $TWLO, Rivian $RIVN, Match Group $MTCH, Reddit $RDDT, Lyft $LYFT
Wednesday (5/8): Uber $UBER, Anheuser-Busch $BUD, Airbnb $ABNB, Arm Holdings $ARM, Shopify $SHOP, The Trade Desk $TTD, HubSpot $HUBS, Robinhood $HOOD, Affirm $AFRM, Duolingo $DUOL
Thursday (5/9): Brookfield $BN, Roblox $RBLX, Warner Bros $WBD, Unity $U, Dropbox $DBX
Friday (5/10):
| All of the companies that are reporting earnings next week can be viewed here. | |  | Major Trades Published Since 4/29. Trades may be those of family members. [Source: 2iQ] |
| Buys | | Sells | | | How was today's newsletter?We value all of feedback we receive. Let us know how we did so we can continue to make this the best investing newsletter available! | | 🤝 Review of the Week | | | Share Carbon Finance | Enjoy my newsletter? Share it with friends who love investing to receive free rewards! Every referral helps 😊. | You currently have 0 referrals, only 1 away from receiving my ChatGPT Investing Guide. | | | Or copy and paste this link to others: https://www.carbonfinance.io/subscribe?ref=DwqDXt8SIM | |
| Disclosure: I own shares of $AAPL & $GOOG | Disclaimer: The publisher does not guarantee the accuracy or completeness of the information provided in this page. All statements and expressions herein are the sole opinion of the author, paid advertiser, or partner and do not reflect the official policy or position of any other agency, organization, employer or company. | Carbon Finance is a publisher of financial information, not an investment or financial advisor. We do not provide personalized or individualized investment advice or information that is tailored to the needs of any particular recipient. | The information contained on this website/newsletter has been crafted with the assistance of an AI language model to enhance the content of this newsletter. We have made efforts to ensure the quality and reliability of the information presented, but we cannot guarantee its absolute accuracy. Therefore, readers are advised to exercise their own judgment and seek additional sources if necessary. | THE INFORMATION CONTAINED ON THIS WEBSITE/NEWSLETTER IS NOT AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE, AND DOES NOT PURPORT TO BE AND DOES NOT EXPRESS ANY OPINION AS TO THE PRICE AT WHICH THE SECURITIES OF ANY COMPANY MAY TRADE AT ANY TIME. THE INFORMATION AND OPINIONS PROVIDED HEREIN SHOULD NOT BE TAKEN AS SPECIFIC ADVICE ON THE MERITS OF ANY INVESTMENT DECISION. INVESTORS SHOULD MAKE THEIR OWN INVESTIGATION AND DECISIONS REGARDING THE PROSPECTS OF ANY COMPANY DISCUSSED HEREIN BASED ON SUCH INVESTORS' OWN REVIEW OF PUBLICLY AVAILABLE INFORMATION AND SHOULD NOT RELY ON THE INFORMATION CONTAINED HEREIN. | No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. | Any projections, market outlooks or estimates herein are forward looking statements and are inherently unreliable. They are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur. Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities discussed herein. The information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and the publisher undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material. | The publisher, its affiliates, and clients of the publisher or its affiliates may currently have long or short positions in the securities of the companies mentioned herein, or may have such a position in the future (and therefore may profit from fluctuations in the trading price of the securities). To the extent such persons do have such positions, there is no guarantee that such persons will maintain such positions. | Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. | Some of the links in this newsletter are affiliate links. This means that if you click on the link and purchase the item, we will receive an affiliate commission at no extra cost to you. All opinions remain our own. | By using the Site or any affiliated social media account, you are indicating your consent and agreement to this disclaimer. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile or any other means is illegal and punishable by law. |
|
| |
|
Tidak ada komentar:
Posting Komentar