To The Moon

$Broadcom(AVGO)$ is expected to report its quarterly earnings for the period ending 31 October 2024 on 12 December after market close. AVGO is expected to report a 51.6% increase in revenue to $14.091 billion from $9.3 billion a year ago. This is higher than the revenue guidance given on 05 September 2024 for the period ending 31 October which is expected for $14 billion. AVGO is expected to show a rise in quarterly revenue with the consensus estimate for earnings per share to come in at $1.39 per share (+25.2% YoY) on revenue of $14.1 billion (+51.3% YoY). Quarterly Run Rate From VMware Should Help Contribute To Broadcom (AVGO) Revenue Broadcom is expected to report a sharp surge in fourth-quarter revenue, as it benefits from strong demand for it

$Broadcom(AVGO)$ is expected to report its quarterly earnings for the period ending 31 October 2024 on 12 December after market close. AVGO is expected to report a 51.6% increase in revenue to $14.091 billion from $9.3 billion a year ago. This is higher than the revenue guidance given on 05 September 2024 for the period ending 31 October which is expected for $14 billion. AVGO is expected to show a rise in quarterly revenue with the consensus estimate for earnings per share to come in at $1.39 per share (+25.2% YoY) on revenue of $14.1 billion (+51.3% YoY). Quarterly Run Rate From VMware Should Help Contribute To Broadcom (AVGO) Revenue Broadcom is expected to report a sharp surge in fourth-quarter revenue, as it benefits from strong demand for it

On Wednesday (11 Dec), we saw stocks surged which was led by a rally in shares of major technology companies that pushed NASDAQ above 20,000 points for the first time. NASDAQ rose 1.77% to finish Wednesday's session at 20,035, while the S&P 500 added 0.82% to close just shy of a new high. The Russell 2000 gained 0.6% while DJIA closed 0.22% lower after giving back earlier gains. U.S. stocks were coming off of two straight days of losses as the market took a breather from a post-election rally that has sent major indexes to a series of record highs. The market showed broad positive breadth, with mega-cap stocks significantly impacting the S&P 500 and Nasdaq Composite. CPI Came In Line With Expectations Though Inflation Might Remain Sticky The U.S. stock market got an early boost Wed

$GameStop(GME)$ is scheduled to report its third-quarter 2024 earnings on 10 Dec 2024 after market close. In the last quarter, GME has missed analysts’ revenue expectations by 10.9%, reporting revenues of $798.3 million, down 31.4% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ EPS estimates. This quarter, analysts are expecting GameStop’s revenue to decline 17.7% year on year to $887.7 million, a further deceleration from the 9.1% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.03 per share. GameStop (GME) Low Debt To Asset In 2024 As we looked at how GME have been able to reduce their liabilities while trying to keep its assets not declining too much, this

After climbing to record highs on last Friday (06 Dec 2024) when we saw how the November jobs report reinforced Wall Street's expectations for a December interest rate cut from the Federal Reserve, U.S. equities fell at midday as sliding tech shares slowed the recent record-setting stock runup. S&P 500 and NASDAQ each fell 0.61% and 0.62% respectively while DJIA also declined by 0.54%. Both S&P 500 and NASDAQ have closed on records on last Friday while building on a post-election rally that has pushed stocks to several all-time highs in the past month. On Monday, we saw the AI trade suffered a bump, AI chipmaker Nvidia (NVDA) shares fell more than 2% after Chinese regulators said they were investigating the company over possible violations of anti-monopoly laws. Shares of AI server

With a shorter trading week due to holiday, stocks finished higher on Monday as the equities market continued to rally while Treasury yields fell and bitcoin retreated. The stock market began the week on a positive note and resumed their post-election rally as investors digest news that President-elect Donald Trump nominated Wall Street veteran Scott Bessent as Treasury Secretary. Scott Bessent's nomination is viewed as "market-friendly" because of his hedge fund background. This has contributed to a positive sentiment in the equity market. The DJIA rose 0.99% to an all-time closing high for the second consecutive session, while the S&P gained for the sixth straight day, closing 0.3% higher after hitting an intraday record early Monday. The Nasdaq Composite tacked on 0.27% and is

The stock market experienced a pause following a strong performance since last week's election results. We saw major U.S. equities ticked lower as the post-election rally lost momentum. The losses were relatively smaller as compared to the gains since last Tuesday’s (05 Nov) close. The S&P 500 fell 0.29% on its first down day since the election. The DJIA dropped more than 350 points, ending Tuesday's session 0.86% lower, while the NASDAQ slipped 0.09%. The Russell 2000 index fell by 1.8% today, yet it remains up by 5.8% since the election. This decline was driven by profit-taking and rising market rates. Mega Cap Support To Broader Equity Market Gains in some mega-cap stocks like Microsoft (MSFT) up 1.20% and NVIDIA (NVDA) up 2.09% helped to provide support to the broader equity market

The stock market experienced some consolidation activity following previous week's surge. On last Friday (15 Nov) we saw the market closed with significant losses. The decline was due to the concerns over interest rates and the Fed's cautious stance on rate cuts. S&P 500 reached a record high on Monday, closing above 6,000 for the first time, but ended the week 2.1% lower. But since the election results, the S&P 500 remains 1.5% higher. We saw broad-based selling pressure which affects the chipmakers and mega caps. The equal-weighted S&P 500 ended 1.7% than the previous week. Large-cap technology stocks, especially semiconductor-related names, experienced outsized declines. The New York Fed Empire State Manufacturing Survey for November showed a strong reading of 31.2, indicati

Apply Value Investing to saving money, invest in yourself, then build multiple income streams by spending appropriately. that's how I spend my money and continue to build wealth allowing me to work towards financial independence.

Apply Value Investing to saving money, invest in yourself, then build multiple income streams by spending appropriately. that's how I spend my money and continue to build wealth allowing me to work towards financial independence.