"As it relates to Q4, we view the Street's Revenue growth assumption (22% Q/Q) as having some downside risk (primarily due to rising FX headwinds), and we see some downside risk to the Street's Q4 Operating Income estimate."Įvercore's estimates for fourth-quarter revenue and operating income currently sit 1% and 10% below Wall Street consensus estimates, respectively. "Based on intra-quarter data points and our model sensitivity analysis, we believe AMZN's Q3 estimates are largely reasonable," Mahaney said in a note to clients Sunday. Estee Lauder : Lowest since August 2020Įvercore ISI's Mark Mahaney says Amazon's third-quarter estimates are likely beatable, but downside risks loom in the fourth quarter as the e-commerce giant grapples with foreign exchange headwinds.CarMax : Traded at lows not seen since April 2020.Northrop Grumman : All-time high going back to merger between Northrop Aircraft and Grumman Aerospace in 1994įour stocks in the S&P 500 marked new 52-week lows early Monday.
Twenty one stocks in the S&P 500 set new 52-week highs inside the first hour of trading Monday, and 81% of those (17 of 21) touched all-time highs. Lea la cobertura del mercado de hoy en español aquí. "That strong jobs data, I think, has given the Fed the ammo they need to continue raising rates, but the news Friday really shook the market in a positive way." "What's unique to this week is, of course, we're starting at a high," said Kelsey Mowrey, president of Motley Fool Asset Management. Investors reacted to corporate earnings and a Wall Street Journal report showing some Fed officials were concerned over interest rate hikes going too far. The S&P 500 and Nasdaq rose 4.7% and 5.2%, respectively.Ī chunk of those gains came Friday, when the Dow rallied more than 700 points, while the S&P 500 and Nasdaq each popped around 2.3%. The major averages had their biggest weekly gains since June, with the Dow advancing 4.9%. The moves come after yet another volatile week for stocks as third-quarter earnings season heats up. The 2-year yield added roughly two basis points, at 4.52%. It last traded up about three basis points, trading at 4.25%. The 10-year Treasury yield on Monday ticked higher, recovering from an earlier decline. "To a large degree, as the next two weeks go, so too will the broad market go." He said inflation data and interest rates are both also setting the tone, but investors are currently clinging to earnings and forward guidance during the peak reporting season. Dates are based on the Gregorian calendar."It's all about earnings, and in our view, earnings are coming in, honestly, at or below expectation," said Terry Sandven, chief equity strategist at U.S. Business Date to Date (exclude holidays).
0 kommentar(er)
