Earnings360 Newsletter for 7/11/2024

Earnings360 Newsletter for 7/11/2024
PepsiCo, Honeywell International, Delta Air Lines & more: Earnings results, news and what's next. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­
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Nvidia's $550 Trillion Problem (ad)
Nvidia's $550 Trillion Problem
Do not buy another AI stock until you've seen the arithmetic below.

Nvidia is worth about $5.5 trillion. Alphabet about $4.1 trillion. Microsoft about $3.8 trillion. So what would it take to repeat Nvidia's run? A 100x gain from here puts Nvidia near $550 trillion. Nothing in history has ever been worth that. Big money in Nvidia has already been made. By the people who bought it years ago.

But that does not mean the AI boom is finished. It means the opportunity has moved underneath it... to the layer every AI company has to pay to use.
 
Watch The AI Gold Rush Briefing →tc pixel
Top Earnings News
Greenbrier Companies Stock Enters Buy Zone – Opportunity Knocks

Thursday, July 11 Today's Earnings Announcements

CompanyCurrent PriceConsensus EPSActual EPSBeat/MissConsensus RevenueActual RevenueYoY Revenue GrowthReport
CAG Conagra Brands$14.06$0.57$0.61$0.04$2.93 billion$2.91 billion-2.3%→
DAL Delta Air Lines$81.55$2.37$2.36($0.01)$15.45 billion$15.41 billion5.4%→
DNBBY DNB Bank ASA$34.54$0.57$0.64$0.07$1.87 billion$2.01 billion→
NRIX Nurix Therapeutics$27.12($0.63)($0.71)($0.08)$19.35 million$12.09 million→
PEP PepsiCo$133.79$2.16$2.28$0.12$22.59 billion$22.50 billion.8%→
SVNDY Seven and I$13.18 - $0.09 - - $17.86 billion→
VIST Vista Energy$71.55$1.40$0.74($0.66)$397.46 million$396.72 million→
Why Google Amazon and Nvidia are betting on Anthropic (ad)
How to get a stake in Anthropic — before the IPO
Anthropic, the maker of Claude AI, has reportedly filed for an IPO that could arrive as early as Novemeber. Its valuation has doubled since the announcement, with some estimates putting the company's worth near 3 trillion dollars by IPO day.

Google, Amazon, Nvidia and Microsoft have all taken stakes, while Goldman Sachs, Morgan Stanley and JPMorgan are competing for private shares. Anthropic's annualized revenue reportedly grew 80 times in the first quarter alone.

See how investors are positioning ahead of this closely watched IPO.
 
Learn how to get a stake before the Anthropic IPOtc pixel

Wednesday, July 10 Yesterday's Earnings Announcements

CompanyCurrent PriceConsensus EPSActual EPSBeat/MissConsensus RevenueActual RevenueYoY Revenue GrowthReport
AZZ AZZ$138.13$1.30$1.46$0.16$403.25 million$413.21 million5.7%→
HON Honeywell International$222.14 - $2.15 - - $8.86 billion→
MANU Manchester United$20.96 - ($0.31) - - $173.36 million→
PSMT PriceSmart$165.14$1.01$1.08$0.07$1.21 billion$1.23 billion12.1%→
WDFC WD-40$219.41$1.39$1.46$0.07$145.80 million$155.05 million9.4%→

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