Washington Post (December 2)
Results have been “predictable” in Iran where “markets were subordinated to ideology, which meant the farming had to occur no matter what.” Now, “reservoirs around Tehran are at dangerously low levels. Water rationing is in effect. Iran’s president has even said the country’s capital city will need to move. And the government still cannot abide a market price for water.”
Tags: Capital, Farming, Government, Ideology, Iran, Market price, Markets, Predictable, Reservoirs, Results, Subordinated, Tehran, Water rationing
Bloomberg (November 15)
Next week a number of companies will release earnings results, and major retailers look primed to steal the show from “AI behemoth Nvidia” as traders seek to better grasp “the health of consumers and the economy.” Results from “Walmart Inc., Target Corp., Home Depot Inc. and other companies that sell the goods Americans buy are likely to overshadow Nvidia because they offer insights into spending patterns at a time when there’s scant data for Wall Street to go on.”
Tags: AI, Companies, Consumers, Economy, Health, Home Depot, Major retailers, Nvidia, Overshadow, Results, Spending patterns, Target, Traders, Walmart
The Atlantic (August 14)
“After making a show of getting tough on China, President Donald Trump desperately needs a trade agreement to prove that his disruptive tactics get results.” This desperation has again postponed additional tariffs on China, which “would have hurt business between the world’s two largest economies. But the president’s newfound willingness to allow the export of vital AI chips to China indicates that an eventual deal could imperil American interests. Eager for a pact, Trump may give up more than he receives.”
Tags: AI chips, American interests, China, Desperation, Disruptive tactics, Eager, Export, Imperil, Pact, Postponed, Results, Tariffs, Tough, Trade agreement, Trump
Barron’s (June 23 Issue)
“Non-GAAP numbers were to be used judiciously to explain extenuating or extraordinary circumstances, like a factory fire or the sale of a division.” Instead, they’ve become endemic. “For fiscal 2024, some 351 companies in the S&P 500 index, or 71%, reported either non-GAAP net income or non-GAAP earnings per share.” Of those, 89% of the adjustments made “their results look better” and the difference can be vast. “Intel had the biggest adjustment last year.” With “a GAAP loss of $19.2 billion” the chipmaker “categorized $18.6 billion as nonrecurring, so it reported a non-GAAP loss of $600 million.” And the sleight of hand can be performed year after year. For example, Oracle “has booked a restructuring charge every year for the past five years.” Especially in tech and healthcare, “non-GAAP numbers are now more accepted than the ‘generally accepted’ ones.”
Tags: Adjustments, Endemic, EPS, Extenuating, Extraordinary circumstances, Factory fire, Healthcare, Intel, Loss, Net income, Non-GAAP, Nonrecurring, Oracle, Restructuring, Results, S&P 500, Tech
Reuters (November 29)
“It’s time for Toyota Motor’s two biggest domestic rivals to deal with their problems by joining forces. Nissan Motor’s woes are the more obvious: poor results prompted the $9 billion manufacturer into an emergency overhaul this month. But $40 billion Honda Motor’s autos unit is subpar, too. Welding them together would give scope to cut costs, charge earnings and invest more efficiently and effectively in electric vehicles and other technology.”
Tags: Costs, Earnings, Effectively, Efficiently, Emergency, EVs, Honda, Nissan, Overhaul, Results, Rivals, Technology, Toyota, Woes
New York Times (July 31)
“The technology sector is facing another rough patch, after Microsoft reported mixed quarterly earnings and its shares tumbled. The company’s results are fueling more concern among investors about whether hefty spending on artificial intelligence will pay off, and how long that might take.” The tech giant, however, is confident that its efforts will pay off.”
Tags: AI, Concern, Confident, Investors, Microsoft, Pay off, Quarterly earnings, Results, Shares, Spending, Technology sector, Tumbled
Oil Price.com (September 6)
“The leadership of the European Union has been hard at work these days, trying to find a lasting solution to an energy crisis that is worsening by the day. Yet the way they are approaching the solution is unlikely to produce any lasting results…. It has been compared to a Ponzi scheme.”
Tags: Energy crisis, EU, Lasting, Leadership, Ponzi scheme, Produce, Results, Solution, Unlikely, Worsening
USA Today (March 16)
“Millions of adults get vaccinated against COVID-19 in the USA each day, but trials are still underway to determine the safety and effectiveness of the vaccines in children.” There is optimism that the results of the trials for 12-15 year olds will be in prior to the start of the new school year in September.
Tags: Adults, Children, COVID-19, Effectiveness, Results, Safety, School year, Trials, U.S., Underway, Vaccines
Guardian (May 4)
“Thursday’s results mean there’s only one way forward: ask the people…. Both Labour and the Tories saw votes that have previously been cast for them move elsewhere, above all to the parties that want us to stay in the EU. Parties that have advocated some form of deal that involves leaving the EU–the Tories and Labour–were punished across the country. They lost seats and they lost votes.”
Institutional Investor (April 3)
“Hedge funds are in danger of losing a battle with low-cost exchange-traded funds.” According to a recent study comparing hedge funds with similar ETFs, “The results were mostly bad news for hedge funds. Two of the largest ETFs in each sector outperformed their respective hedge fund index counterparts. Hedge funds did, however, provide a smoother ride for investors.”
Tags: Danger, ETFs, Hedge funds, Index, Investors, Losing battle, Results, Sector
