Earnings360 Newsletter for 6/20/2024

Elon Musk has publicly backed a corner of the market Porter Stansberry is watching closely. SpaceX is betting on orbital AI data centers, and Musk says space will be the cheapest place for AI within three years.

Last time this sector shifted, it surged more than 600% in three years. One giant grew from about $100 billion in 2019 to over $1 trillion, and a small partner jumped 177% in one day.

Stansberry's Barbell portfolio pairs giants with small upstarts, including one traded three times for gains of 237%, 131%, and 114%.

Watch Porter Stansberry's new broadcast to learn which industry Elon is backing

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On July 4th, Washington cut tax credits for solar, wind, and EVs, but extended eight years of credits to one energy source, placing it alongside oil and nuclear.

A well drilled near the Grand Canyon reportedly produces nearly eight times the output of Saudi Arabia's biggest oil well, drawing interest from Google and Bill Gates.

On November 17th, federal regulators will auction 83 new parcels tied to this discovery, with one company controlling the entire supply chain.

Get the ticker behind this Grand Canyon energy discovery today

Thursday, June 20 Today's Earnings Announcements

Company	Current Price	Consensus EPS	Actual EPS	Beat/Miss	Consensus Revenue	Actual Revenue	YoY Revenue Growth	Report
ACN Accenture	$260.36	$3.15	$3.13	($0.02)	$16.55 billion	$16.47 billion	-.6%	→
CMC Commercial Metals	$62.27	$1.00	$1.02	$0.02	$2.02 billion	$2.08 billion	-11.4%	→
DRI Darden Restaurants	$225.54	$2.61	$2.65	$0.04	$2.97 billion	$3 billion	8.3%	→
FNB F.N.B.	$17.91	-	$0.40	-	-	$419.30 million		→
JBL Jabil	$239.11	$1.85	$1.89	$0.04	$6.53 billion	$6.77 billion	-20.2%	→
KR Kroger	$67.82	$1.33	$1.43	$0.10	$44.86 billion	$45.27 billion	.2%	→
TEN Tsakos Energy Navigation	$44.86	$2.02	$1.05	($0.97)	-	$159.57 million		→

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Earnings360 Newsletter for 6/20/2024

Thursday, June 20 Today's Earnings Announcements

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