● 기업단신
Boeing – Boeing’s stock dropped about 1.7% premarket after the aircraft maker posted earnings and revenue that missed expectations, despite a demand recovery. The company cited labor and supply shortages for the disappointing numbers.
News Corporation, Fox News — Shares of News Corp and Fox News were up 4.9% and 1.8%, respectively, after Rupert Murdoch ditched plans to merge the two companies, a proposition that met pushback from shareholders.
AT&T — Shares were up 1.8% after the telecommunications giant’s fourth-quarter report came out Wednesday, showing an increase in subscribers but forecasting an annual profit below expectations.
Microsoft — Microsoft shares declined by nearly 3% after the software giant shared a dismal revenue forecast for the current quarter. The tech bellwether topped earnings expectations but said new business growth slowed in December, including within its Azure segment.
Omnicom — Shares of the global media firm were down 3% after it was disclosed that BlackRock Inc. added to its stake in the company, now owning 9.4% of shares.
Sunrun, SunPower — The solar companies both fell more than 3% after being downgraded by Barclays due to a potential slowdown in solar demand. Sunrun was downgraded to equal weight from overweight, while SunPower’s rating was slashed to underweight from equal weight.
Enphase — Shares slid 4% following a downgrade from Piper Sandler to neutral from buy. The firm pointed to a potential reset in the U.S. residential solar market coming in 2023, while still acknowledging that the company has a strong product, management and position.
Capital One — The financial stock dropped 2.3% after Capital One reported disappointing quarterly results. The company earned $3.03 per share on revenue of $9.04 billion. Analysts polled by StreetAccount expected a profit of $3.87 per share on revenue of $9.07 billion. Net interest income also came in below expectations.
Intuitive Surgical – The maker of robotic surgical systems suffered a 9% drop after the company reported fourth-quarter earning and revenue that fell just short of expectations. The company cited a Covid-19 resurgence in China that negatively impacted procedure volumes in the area.
F5 – Shares of the web application security company slid 3.7% after F5 reported revenue for its most- recent quarter that missed analyst expectations and issued weaker-than-expected earnings guidance for the second quarter.
● MBA Mortgage Applications
● 장전 상황
Stocks fell on Wednesday after the latest batch of corporate earnings intensified concerns over how some of the largest U.S. companies are faring as rates rise and recession fears grow.
The Dow Jones Industrial Average declined by 270 points, or 0.8%. The Nasdaq Composite fell 1.8%, and the S&P 500dropped 1.26%.
On the latter point, more than 70 companies listed on the S&P 500 have reported quarterly results this earnings season, with about two thirds of them performing better than expected, according to Refinitiv. So there’s a while to go yet, and investors will zoom in especially on the guidance companies offer, as economic concerns grow. On the earnings docket Wednesday: Boeing, AT&T, Tesla, IBM and Levi Strauss.
● Why inflation is sticky
Inflation is still high – the consumer price index for December was up 6.5% vs a year earlier – but it’s slowing down. That’s good news for consumers, but only up to a point. Many companies have raised prices, but just because costs come down, it doesn’t mean they’re going to lower prices across the board, either, as CNBC’s Melissa Repko and Amelia Lucas explain. One reason: Many companies have locked in long-term contracts that set prices months in advance for goods and shipping. Also, companies that were squeezed by higher costs earlier are going to want to see their profit margins improve. “We don’t take something that was $1, move it to $1.10 and then a year or two later, move it to $1,” Utz Brands CEO Dylan Lissette said previously.
● Microsoft is investigating a massive outage. Teams and Outlook went down globally today (Jan. 25). Yesterday, the company reported lackluster earnings and a gloomy outlook for growth at its cloud computing business Azure.
● Tesla’s impact on car prices
Tesla sent a tremor through the auto industry recently when it lowered prices on several models in multiple markets. The move came after the electric vehicle leader posted weaker-than-expected deliveries at the end of the year, indicating that CEO Elon Musk is trying to goose demand. It also put new pressure on Tesla’s rivals, including Ford and GM, as they contend with higher materials costs while trying to ramp up their own EV output, having set ambitious goals for the next decade. The market for used Teslas is paying a price, too: Over the first 17 days of January, prices of cars from the 2020 model year or later dropped to an average price of $58,657, down from their June peak of $76,626, according to Edmonds. Tesla reports earnings after the bell Wednesday.
● HOW 💪 IS YOUR PASSPORT?
If you have a passport from Japan or Singapore, congrats! You can travel just about anywhere—well, to 193 countries and territories out of a possible 227—sans visa.
It’s the fourth year in a row these two countries have topped Henley & Partners’ annual ranking of passports. Beyond easy, breezy travel, the consultancy found a strong correlation between a nation’s passport strength and economic power: Having a Japanese passport can send travelers visa-free to places that collectively make up 98% of the global economy.
Comparatively, those in last-ranked Afghanistan have visa-free access to only 27 countries that represent less than 1% of the global economy.
Find out where your country lands on the list—we promise there’s no endless queue at customs to endure.
* 필자의 생각: 심지어 한국이 3위!!!! Oh, yeah!!!
● A halachic ruling has been made on lab-grown beef.
Israel’s chief rabbi said it can be kosher.
Cultivated meat companies and researchers in that ecosystem have been talking for years about whether their products would be kosher or halal, since there is no animal slaughter involved.
* 필자의 생각: 그런 즉, 이제 유태계 자본유입이 발생한다는 이야기!
