● GDP
● Jobless Claims
● Wholesale Inventories (Advance)
● Retail Inventories (Advance)
● Chicago Fed National Activity Index
● Durable Goods Orders
● International Trade in Goods [Advance]
● 기업단신
Southwest — The airline dropped 2.1% after reporting a $220 million loss for the fourth quarter after the holiday meltdown cost the company millions in expenses and drove up expenses.
Comcast — The media company reported fourth-quarter earnings that beat Wall Street’s expectations, with earnings per share coming in at 82 cents, adjusted, versus the 77 cents expected from analysts surveyed by Refinitiv. Revenue was $30.55 billion compared to the $30.32 expected. Shares, however, were down less than 1% in the premarket.
Tesla — The electric-vehicle maker soared 7% after reporting record revenue and an earnings beat. CEO Elon Musk said Tesla might be able to produce 2 million cars this year.
Las Vegas Sands — Shares of the hotel and casino operator rose about 4% despite the company posting weaker-than-expected financial results for the most recent quarter. Wall Street analysts cited upbeat comments about its reopening in Macao on the company earnings call for their positive outlook on the stock.
Levi Strauss — Shares of the denim maker popped 6% premarket on a better-than-expected quarterly report. Levi Strauss topped analysts’ revenue estimates and beat earnings projections by 5 cents a share.
Blackstone — Blackstone shares dipped less than 1% after the asset manager reported mixed earnings results. Total segment revenues fell short of expectations, while distributable earnings beat estimates by 12 cents a share.
Chevron — The energy giant jumped more than 3% in premarket after the company announced a $75 billion stock buyback program and a dividend hike to $1.51 from $1.42 per share. The buyback program will become effective on April 1.
Dow — The chemicals giant posted fourth-quarter earnings, revenue and adjusted EBITDA that missed analyst expectations before the bell Thursday, sending the stock down more than 3% in premarket trading.
IBM — Shares of IBM shed 2.7% after the company reported quarterly results Wednesday that generally exceeded Wall Street’s expectations but included an announcement that the firm will cut 3,900 jobs. IBM reported adjusted earnings per share of $3.60 per share on $16.69 billion in revenue where analysts expected $3.60 per share and $16.4 billion in revenue, per Refinitiv.
American Airlines — The airline gained 1.5% after its fourth-quarter profits beat Wall Street’s expectations, thanks to strong holiday demand and high fares.
Seagate Technology — The data storage company jumped more than 8% in premarket trading after reporting earnings and revenue for the last quarter that beat expectations.
Pfizer — The pharma giant was downgraded by UBS on Thursday, which said Pfizer’s Covid franchise estimates need to come down and its pipeline is too premature. Pfizer was up less than 1% in the premarket.
● 장전 상황
Stocks rose Thursday as fourth-quarter gross domestic product came in above expectations, and investors parsed through the latest batch of corporate earnings.
The Nasdaq Composite jumped 1.5%, while the Dow Jones Industrial Average gained 126 points, or 0.37%. The S&P 500 added 0.8%.
GDP data released Thursday showed the economy expand at an annualized rate of 2.9% during the fourth quarter, the Commerce Department said. That’s above the 2.8% print expected by analysts surveyed by Dow Jones, but represents a slight cooldown from the third-quarter reading.
● A nice pop for Tesla
Tesla shares jumped after the electric vehicles leader posted quarterly results that topped Wall Street’s expectations. Margins, meanwhile, fell to their lowest point in five quarters as it cut prices and dealt with rising costs. Still, the big story for Tesla was whether it could weather a dip in demand for its cars, especially as competitors bring more of their own EVs to the market. Tesla slashed prices for several of its vehicles late last year and earlier this month in a bid to goose demand. So far, it looks like it’s working. “Thus far in January we’ve seen the strongest orders year-to-date than ever in our history. We’re currently seeing orders of almost twice the rate of production,” CEO Elon Musk said.
● Smartphone shipments slow
Shipments of smartphones declined across the globe during the holiday shopping quarter, according to IDC, a market research firm. Overall, firms shipped 18.3% fewer smartphones than they did in the same quarter of 2021, representing the biggest-ever decline. For the full year, companies shipped 1.21 billion smartphones, which is the lowest annual total since 2013. “We have never seen shipments in the holiday quarter come in lower than the previous quarter. However, weakened demand and high inventory caused vendors to cut back drastically on shipments,” IDC research director Nabila Popal said. Apple remained the top smartphone producer, although its shipments declined, too.
● WHY THE EGG SUPPLY CHAIN IS CRACKING IN THE US
The cost of eggs is ruffling the feathers of Americans—and for good reason.
Prices for the grocery staple are up 60% from a year ago, turning routine omelettes and bakes into something of a luxury meal. Record-high prices have even led some opportunistic Americans to try smuggling cheaper eggs across the US-Mexico border to sell them for a profit.
In the last year, a countrywide avian flu outbreak has infected more than 57 million wild aquatic birds, commercial poultry, and backyard flocks. Throw in broader supply chain issues, higher costs for chicken feed, and the rising cost of labor, and it’s no wonder a cardboard dozen is setting Americans back $4.25 on average. Last year, it cost just $1.79.
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