● MBA Mortgage Applications
● 기업단신
Uber — The ride-hailing app’s shares rose more than 7% after it posted fourth-quarter earnings that topped analyst estimates. Uber earned 29 cents a share, beating analysts’ estimate of an 18 cent loss, Refinitiv data showed. Uber’s revenue for the quarter was up 49% year-over-year. CEO Dara Khosrowshahi said Uber ended 2022 with its “strongest quarter ever,” capping off its “strongest year.”
Chipotle Mexican Grill — Shares of the fast casual restaurant chain fell more than 5% on the back of disappointing quarterly results. Chipotle said it saw customers pull back on their restaurant spending during the fourth quarter. “As we got around the holidays, we just didn’t see that pop, that momentum, that we normally see,” CFO Jack Hartung said on a conference call.
Microsoft — The Xbox maker rose 1.6% after it released a new AI-powered homepage for its Bing search engine.
Lumen Technologies — The cloud network data company lost 17% premarket after reporting a fourth quarter loss of $3.1 billion (including a $3.3 billion goodwill writedown), and adjusted EPS of 43 cents vs 51c a year ago. This year’s adjusted earnings guidance missed StreetAccount estimates.
Fortinet — The cybersecurity company’s shares rose 11% after it beat analysts’ estimates in the most recent quarter by five cents a share, according to StreetAccount.
Under Armour — The athletic apparel retailer jumped nearly 8% after fiscal third-quarter earnings beat expectations. Under Armour earned adjusted EPS of 16 cents vs a StreetAccount estimate of 9 cents. Revenue also topped estimates.
TripAdvisor — The online travel company’s stock jumped 5% after Bank of America double upgraded it to buy. The bank anticipates upside of almost 60% for TripAdvisor as consumers book more travel.
Enphase Energy — The solar company rose 8.5% after it posted fourth quarter adjusted earnings of $1.51 per share vs a $1.27 estimate, on revenue of $725 million against a $707 million estimate, according to StreetAccount.
Illumina — Shares of the biotechnology company dropped almost 3% on fourth-quarter earnings showing quarterly revenue of $1.08 billion, down 10% year-over-year.
● 장전상황
Driving Tuesday’s gains was Federal Reserve Chair Jerome Powell’s remarks that inflation has started easing. His comments reiterated those given at his press conference last week, further bolstering investor hopes that the central bank will soon pause or pivot on interest rate hikes.
Even as investors chew over the latest remarks from Federal Reserve Chairman Jerome Powell (more below), they’re digging into the next course in the earnings season menu.
U.S. stocks slid Wednesday morning as investors moved attention to the latest batch of corporate earnings.
Dow Jones Industrial Average futures fell by 103 points, or 0.3%. S&P 500 futures slipped 0.5%, while Nasdaq-100 futures shed 0.4%.
The main course Wednesday, though, will be Disney after the bell. Markets are particularly looking for clues about CEO Bob Iger’s plans to stem streaming losses and perhaps cut jobs. Mattel also reports after the bell. Read live markets updates.
● State of the economic union
President Joe Biden, in a feisty State of the Union address, urged Republicans to work with Democrats to help realize his economic vision. While that’s doubtful – House Republicans, led by Speaker Kevin McCarthy, are dead set on opposing the Biden agenda – Biden nonetheless laid out his vision for the economy and a likely run for re-election next year. Five key points stood out, according to CNBC’s Emma Kinery: A renewed push for a “billionaire’s tax,” a war on “junk fees,” a tougher antitrust posture, boosting labor unions and broadening a price cap on insulin.
● ‘Disinflationary’ returns
The Fed chair again rolled out the word “disinflationary” during his remarks Tuesday at the Economic Club of Washington, as he acknowledged that price increases were starting to cool off. But his speech wasn’t so dovish. Knowing full well that markets were his primary audience, Powell said it’s going to take some time before things normalize – and that the Fed could keep raising rates if the data doesn’t show continued “disinflationary” trends. “These are the very early stages,” he said.
● Microsoft’s big plans for ChatGPT
Microsoft on Tuesday announced that it would use ChatGPT, OpenAI’s buzzy artificially intelligent chatbot, to boost its Bing search engine and Edge internet browser. The announcement came on the heels of Google’s own announcement about deploying its AI-powered chatbot, Bard, this year. CNBC learned more about Microsoft’s plans, too. The company plans to release software that will let other companies and organizations create their own custom chatbots using ChatGPT, a source told CNBC. Among the potential uses for these custom chatbots: suggesting answers for customer service call center employees. The Microsoft tech could also be used by governments and schools, the source told CNBC.
* 다시 플랫폼 전쟁시작의 서막….
● Zoom announced layoffs and executive pay cuts.
The software company is eliminating 1,300 roles as CEO Eric Yuan slashed his salary by 98%.
