good morning it is 9am on thursday |
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january 27th this is yahoo finance live |
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one percent at the open s p futures |
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eight tenths of one percent dow futures |
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a half of one percent and future is |
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numbers coming out just about 30 minutes |
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TIME
just about 30 minutes
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fourth quarter to an annual pace of 6.9 |
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percent that is better than the five and |
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by six tenths of one percent endow posts |
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first on yahoo finance as those shares |
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rise by two and a half percent in the |
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DATE
two and a half percent
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well first of all immediately there were |
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zero but we got a lot of messaging about |
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nearly nine trillion dollar balance |
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MONEY
nearly nine trillion dollar
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doesn't want to describe it one way or |
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again is still prevailingly for a 25 |
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mid-march 88 but take a look at the 12 |
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of people that are calling for a 50 |
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certainly something to watch about six |
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this morning um that showed that 6.9 |
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the fourth quarter |
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happened in the fourth quarter in terms |
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gdp for the fourth quarter compared to |
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the third quarter when you look at that |
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6.9 |
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of economic analysis as a first read on |
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a fourth quarter economic activity last |
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year again that's compared to 2.3 |
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percent in the third quarter and the bea |
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third quarter appear to alleviate just a |
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little bit between the third and fourth |
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but maybe less so uh than in the third |
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that we got 6.9 |
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grew in the fourth quarter you |
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extrapolated it across four quarters it |
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would be 6.9 but it's not like the |
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economy grew 6.9 |
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in one quarter but obviously now that we |
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the course of 2021 if you just measure |
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last year the economy grew by 5.7 |
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united states since 1984 kind of |
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looking at 1.34 trillion dollars in the |
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MONEY
1.34 trillion dollars
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fourth quarter that's a marked slowdown |
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from the 1.72 trillion dollars in the |
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MONEY
1.72 trillion dollars
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third quarter personal savings rate |
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going down from 9.5 in the third quarter |
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to 7.4 percent in the fourth quarter |
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decreasing between the third and the |
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fourth quarter but of course all this is |
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but not nearly as high as the two years |
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world or one of the few that calculates |
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markets as well this is the s p 500 |
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is a two-day view so i just want to |
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watched the s p 500 go to new session |
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bearings here over the last four |
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see that the 10-year t-note yield is off |
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about one basis point but we did get |
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here this is a one-year chart and this |
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check out the two-day price action hard |
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a two day basis and you can see that we |
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yeah one uh one reaction that caught my |
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looking for four rate hikes this year |
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we're at uh five |
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sphere of people looking for six to |
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seven rate hikes this year uh i'm |
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only one |
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of the risk that no one was really |
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not just for the fourth quarter but for |
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nine tenths of one percent and this has |
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first of all the company did have record |
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mention five and a half billion dollars |
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DATE
five and a half billion dollars
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after only its second full year of |
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profitability and a big one but |
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affected and it says that's one of the |
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about 20 minutes talking about this |
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julie one on growth uh elon called out |
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50 growth this year that would be a |
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tesla put up last year and number two |
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keep an eye on there is one that you |
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automotive gross margin it was 29.3 last |
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from 25.6 |
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in 2020. so it's been expanding but |
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invest even more seven billion dollars |
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MONEY
seven billion dollars
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|
jim farley and one of my takeaways from |
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|
top of i believe 11.4 billion dollars |
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MONEY
11.4 billion dollars
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dow chemical shares are up by two |
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like dao joining us for a first on yahoo |
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dow our 125th year as a company it was a |
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full year uh 2021. uh to your question |
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you look at your predictions for 2022 |
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|
know which third party you're talking to |
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|
are ranging between plus four and plus |
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CARDINAL
between plus four
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|
five percent uh growth you also you know |
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|
number is more than five trillion |
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CARDINAL
more than five trillion
|
|
2022. |
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39 and if you would just explain to me |
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gotcha so local pricing up 39 |
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volume down four percent which i think |
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|
that volume down four percent is that |
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maintenance at our facilities we had one |
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|
move forward into 2022 you know you |
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from dao one of the big changes next |
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for almost 30 days |
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is improving that was probably one of |
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there were two strong months march |
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as we went through the fourth quarter |
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and through 2022 |
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at least through the first half of the |
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energy costs our costs in the fourth |
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quarter were up uh more than 20 percent |
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PERCENT
more than 20 percent
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and you've got oil and brent touched 90 |
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you guys raising your prices in 2022 how |
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know it's a tale of a tale of two points |
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dow up about close to three percent in |
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march 15th and 16th so as we prepare for |
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the first quarter it's just so detached |
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about more in a second but look at those |
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of the variant but also two higher wages |
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sense right we just saw uh 2021 gdp come |
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out at 5.7 |
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at 3.9 percent we got there in a year |
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eight months last time it took us nine |
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the year with inflation nearly at seven |
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seen a bunch of them looking for six to |
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seven rate hikes this year is that |
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right now the 10 years up this morning |
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another 10 base sorry the two-year is up |
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another 10 basis points investors now |
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pricing in five rate hikes for this year |
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seven or eight if inflation stays |
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zero |
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|
even if we did get let's say seven eight |
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|
would still be about two percent |
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PERCENT
about two percent
|
|
down from nine trillion dollars so |
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MONEY
nine trillion dollars
|
|
it it's been 14 years of abnormally low |
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julie they're down almost 5 yes it's |
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talk about after the break one of them |
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watching today one of them is netflix |
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|
the shares trading higher by 6 |
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|
disclosed about 3.1 million shares of |
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CARDINAL
about 3.1 million
|
|
finished down close to 25 it's still |
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|
growth rates uh in the fourth quarter |
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slowing potential growth in the first |
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well and i would also say one more thing |
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earnings 80 cents a share is what the |
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quarter 86 cents is what analysts have |
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ohio for 20 billion dollars that might |
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over time go on to cost a hundred |
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|
billion dollars when you make |
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|
the first quarter guidance for intel at |
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data center sales were up about 20 |
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want here is a return to intel with 60 |
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um that the margins are going to be 51 |
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to 53 percent this year they're not it's |
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60. |
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by 7 this morning we'll see what the |
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by the comps first |
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at first blush here global comparable |
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|
sales twelve point three percent um |
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PERCENT
twelve point three percent
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|
ten point eight percent on a two-year |
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PERCENT
ten point eight percent
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basis u.s comps up seven and a half |
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here and they missed by 11 cents uh and |
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and i locked in on the 10 operating |
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having to pay workers north of 15 an |
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to mid 40 percent range it was 43.4 |
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term it's down ten percent from where it |
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|
triggered in mid-february 2020 so this |
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one's down |
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|
earnings report from tesla for one is |
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50 growth this year how do you see it |
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it i mean i think there's sort of three |
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things that are a bit cautious one if |
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i think two it was supposed to be an |
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year including the 25 000 car which |
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in 2019 they talked about |
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um you know by year end 2019 we were |
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supposed to have level four driving uh |
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four which would be like a robo taxi |
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this is only one of the many ways that |
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that they expect what did he say 50 |
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|
about two million units of capacity you |
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CARDINAL
about two million
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|
if you go back in 2019 the same year |
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|
about 2.2 million combined so that's the |
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CARDINAL
about 2.2 million
|
|
is about a 28 000 vehicle at base and uh |
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the model y is about a a 58 59 000 |
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it'll really be tested in the second |
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ceo uh jim farland he told us one |
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they're they already have ten thousand |
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two he told us they have 200 000 |
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reservations for their first ever pickup |
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really deliver two million and set new |
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just two models |
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you know they they're one step away |
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by far probably be one of the biggest |
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of their forecast to 50 growth i think |
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it's going to be tough by the second |
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deliver 50 growth i mean that's one of |
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being one of the best selling |
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colin 10 seconds left does does tesla |
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|
down by two and a half percent today |
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DATE
two and a half percent
|
|
advanced micro devices 35 billion dollar |
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|
country the acquisition one of the |
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|
industry was first announced back in |
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2020 by the way those dialing shares |
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|
young's not the only one by the way |
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|
earlier this month 270 scientists and |
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DATE
earlier this month 270
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|
its first profit in a couple years we'll |
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|
quick look at the markets 30 minutes or |
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TIME
the markets 30 minutes
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|
feeling the feel good vibes all three |
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|
estimates by a whopper of a number 11 |
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he purchased 3.1 million shares of |
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|
one week ago but are perking up today |
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|
their latest earnings so pop a cold one |
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traders could probably use a cold one uh |
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|
over the past 24 hours |
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|
are watching all 11 sectors of the s p |
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500 that are in the green but you've got |
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the nasdaq 100 you can see some of the |
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|
mega caps here microsoft of three |
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apple as well of course tesla down five |
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|
with jd.com down more than three percent |
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PERCENT
more than three percent
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|
than four percent of course you saw uh |
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you've got also lucid that's down eight |
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percent today and rivian down five |
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rivian now trading at 57 uh dollars a |
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|
share year to date the stock is down 45 |
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|
close but there's another one that we're |
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|
two percent today in fact and if you |
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|
31 percent lower |
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|
in at a loss of 39 cents a share with |
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|
revenue of 370 million dollars but the |
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MONEY
370 million dollars
|
|
is under 11 billion dollars right now |
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MONEY
under 11 billion dollars
|
|
this space but this stock down 80 |
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|
it reached 85 a share brian julie yes i |
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|
later really good one right there all |
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|
for a first on yahoo finance interview |
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|
well brian first good to be here we've |
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|
on well for the first we have a you know |
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|
we have uh over 50 billion of client |
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|
cash 75 billion and |
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|
uh a 100 basis points instantaneous rise |
6.081 |
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|
|
would add you know 560 million of |
4.639 |
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|
|
100 basis points is really not big in |
5.04 |
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|
|
potentially this year's six to seven |
3.92 |
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|
|
mortgage at nine percent and i watched |
3.601 |
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|
|
them go to 12 right that was a few years |
4.48 |
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|
|
you know maybe two percent in total over |
4.0 |
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|
|
said 50 were confident in the stock |
3.6 |
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|
|
market a little over 50 that was the |
3.6 |
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CARDINAL
a little over 50
|
|
cash is six and a half percent of the |
2.96 |
Jump to 4555.84 |
DATE
six and a half percent
|
|
typically that's 10 plus so |
4.32 |
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|
|
advisors who they show 95 confidence in |
4.8 |
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|
|
i know julie won't use one by her |
4.64 |
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|
|
industry reported 14 annualized |
5.52 |
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|
|
10.4 percent company reported last night |
4.56 |
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|
|
the 11 o'clock hour we'll talk to levi |
4.48 |
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|
|
the fourth quarter 14 cents per share on |
5.041 |
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|
|
net income of 85 million dollars ceo |
4.72 |
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|
|
2021 and are well positioned for future |
5.12 |
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|
|
two years have been and the recovery and |
3.759 |
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|
|
past the first quarter what's in store |
5.04 |
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|
|
i think the fourth quarter is a great |
3.759 |
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|
|
still down about 50 percent compared to |
4.559 |
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|
|
months that we have in 2022 or january |
4.72 |
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|
|
losses by two-thirds for the year we |
5.84 |
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|
|
two years ago and i was watching an |
3.279 |
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|
|
between 10 to 20 percent lower than what |
5.199 |
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|
|
it had been in 2019 that would all bode |
5.121 |
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|
|
been my partner for 34 years and he's |
5.12 |
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|
|
with where they were in 2019 we're very |
5.839 |
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|
|
a billion dollars and we have about 65 |
4.241 |
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|
|
35 hedged next year so that helps |
4.319 |
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|
|
our 737-8 is about 14 to 15 percent more |
6.319 |
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|
|
we just do our best to manage each one |
4.4 |
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|
|
goals in 2021 and exceeded them and you |
6.24 |
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|
|
intend to hire 8 000 people this year |
5.52 |
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|
|
use the fourth quarter as a springboard |
6.0 |
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|
|
five to ten percent compared to where we |
5.279 |
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PERCENT
five to ten percent
|
|
recovering to 100 percent plus |
5.44 |
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|
|
um there's one position that's going to |
4.8 |
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|
|
february first tuesday uh what's going |
4.16 |
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|
|
in that role for 18 years you've been |
4.56 |
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|
|
with southwest for 35 almost 36 years |
5.2 |
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|
|
i've moved 50 yards down the hall we've |
4.479 |
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|
|
been in transition here for seven months |
4.88 |
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|
|
well as you said i've been ceo for 18 |
5.36 |
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|
|
leadership team not only for the last 18 |
4.241 |
Jump to 5382.159 |
|
|
years but really over the last two years |
3.6 |
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|
|
pandemic in one form or fashion |
4.24 |
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|
|
and they're just challenges in one's |
3.52 |
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|
|
congratulations again on the fourth |
3.441 |
Jump to 5521.679 |
|
|
nasdaq which is now up just four tenths |
3.12 |
Jump to 5715.119 |
CARDINAL
just four tenths
|
|
of one percent it was up something like |
2.88 |
Jump to 5716.96 |
|
|
one and a half percent |
3.92 |
Jump to 5718.239 |
DATE
one and a half percent
|
|
the s p 500 still up eight tenths of one |
3.679 |
Jump to 5729.44 |
|
|
three nine tenths of one percent |
5.52 |
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CARDINAL
three nine tenths
|
|
one of the tech stacks though it's doing |
3.761 |
Jump to 5736.719 |
|
|
double digits one of the hottest movers |
3.52 |
Jump to 5750.159 |
|
|
cap now approaching a hundred and ten |
4.56 |
Jump to 5753.679 |
CARDINAL
a hundred and ten
|
|
billion dollars and really julie this is |
4.319 |
Jump to 5756.32 |
|
|
the first pure place software provider |
4.641 |
Jump to 5758.239 |
|
|
billings growth billings up 33 percent |
5.119 |
Jump to 5773.6 |
|
|
first quarter so up 33 in the fourth |
4.241 |
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|
|
by then federal justice breyer at 83 |
4.88 |
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|
|
for approximately 23 or 28 years rather |
6.24 |
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|
|
he was nominated back in 1994 by |
5.519 |
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|
|
with its six three conservative majority |
4.641 |
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|
|
financial decisions and one theory is |
4.48 |
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|
|
flee has now one case of note is a 2019 |
6.24 |
Jump to 6137.76 |
|
|
a 5-4 decision uh with briar going along |
4.961 |
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|
|
nonetheless a 5-4 opinion where the |
4.159 |
Jump to 6156.48 |
|
|
down in april it was a 6-3 ruling and |
5.759 |
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|
|
um that is always the number one item on |
4.559 |
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|
|
you know did you react in march of 2020 |
4.8 |
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|
|
that's the number one thing we talked to |
4.0 |
Jump to 6517.119 |
|
|
one of the things that you talked about |
4.16 |
Jump to 6588.32 |
|
|
borrowing against one's portfolio this |
2.96 |
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|
|
kind of less so maybe not in 2020 or |
5.681 |
Jump to 6616.239 |
|
|
two things happen |
4.721 |
Jump to 6641.599 |
|
|
the daily move and it's still up four |
3.761 |
Jump to 6872.639 |
|
|
tenths of one percent |
3.441 |
Jump to 6875.119 |
PERCENT
tenths of one percent
|
|
two-day chart let's take it on over to |
4.399 |
Jump to 6890.32 |
|
|
the five-day chart and just the enormous |
5.039 |
Jump to 6892.08 |
|
|
elevated here remains above 30 on the |
5.839 |
Jump to 6914.32 |
|
|
up 1.6 percent today microsoft amazon |
5.199 |
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|
|
down 7.6 |
2.96 |
Jump to 6983.199 |
|
|
but uh that earnings miss 11 cents just |
4.161 |
Jump to 7073.199 |
|
|
down seven percent year-to-date so it's |
3.519 |
Jump to 7082.08 |
|
|
subscribed to the that one julie |
3.441 |
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|
|
next two hours |
3.96 |
Jump to 7150.239 |
|
|
uh markets 90 minutes into the trading |
4.08 |
Jump to 7337.92 |
|
|
leading the gains up about one and a |
3.521 |
Jump to 7350.239 |
|
|
10-year yield under |
3.12 |
Jump to 7355.36 |
|
|
now hovering at 1.8 |
4.8 |
Jump to 7358.48 |
|
|
economic growth for 2021 fourth quarter |
6.399 |
Jump to 7363.28 |
|
|
gdp coming in at 6.9 percent much higher |
5.839 |
Jump to 7365.76 |
|
|
levi's the stock soaring on fourth |
4.4 |
Jump to 7377.04 |
|
|
rival to coinbase securing an 8 billion |
4.881 |
Jump to 7393.599 |
|
|
valuation with its first external round |
4.56 |
Jump to 7395.599 |
|
|
with jared lickery though first with the |
3.279 |
Jump to 7424.88 |
|
|
notably the russell 2000 that is still |
3.761 |
Jump to 7430.239 |
|
|
the s p 500 this is a two day look so |
5.199 |
Jump to 7434.0 |
|
|
the trailing five days we've basically |
4.4 |
Jump to 7476.88 |
|
|
up a chart of the us dollar first i |
3.439 |
Jump to 7487.76 |
|
|
of times here and this is a five year t |
4.56 |
Jump to 7493.84 |
|
|
five-year chart of the us dollar index |
3.599 |
Jump to 7514.56 |
|
|
levels since the middle of 2020. the |
4.881 |
Jump to 7518.159 |
|
|
the market each of those sectors up two |
4.319 |
Jump to 7542.88 |
|
|
see apple's up over two percent |
4.0 |
Jump to 7555.28 |
|
|
microsoft over three percent tesla |
4.799 |
Jump to 7556.88 |
|
|
earnings that is down seven percent all |
4.241 |
Jump to 7561.679 |
|
|
near zero but the big commentary coming |
3.84 |
Jump to 7584.96 |
|
|
quote of a mine to start doing the first |
4.96 |
Jump to 7606.719 |
|
|
meeting in six weeks and what was also |
3.841 |
Jump to 7611.679 |
|
|
is getting closer to nine trillion |
4.0 |
Jump to 7621.44 |
|
|
and one might make the distinction in |
4.4 |
Jump to 7681.36 |
|
|
2008 financial recovery now of course |
4.639 |
Jump to 7695.44 |
|
|
u.s 10-year treasury at around 181 basis |
5.44 |
Jump to 7707.44 |
|
|
the curve the two-year repricing very |
4.081 |
Jump to 7718.719 |
|
|
dramatically up about nine basis points |
3.081 |
Jump to 7720.719 |
|
|
118 basis points that suggests only a 62 |
5.24 |
Jump to 7723.8 |
|
|
basis point spread between those two |
3.841 |
Jump to 7727.119 |
|
|
closer and closer to that first rate |
4.48 |
Jump to 7734.159 |
|
|
yeah and that yield on the two-year |
4.0 |
Jump to 7738.639 |
|
|
rate hike cycle in 2015 mr powell is |
5.681 |
Jump to 7774.719 |
|
|
growth finished the year at a 6.9 |
5.04 |
Jump to 7782.32 |
|
|
pace that's five point seven percent on |
4.72 |
Jump to 7785.04 |
PERCENT
five point seven percent
|
|
at three point nine percent it's going |
3.04 |
Jump to 7789.76 |
PERCENT
three point nine percent
|
|
to fall below three point five percent |
3.799 |
Jump to 7791.28 |
PERCENT
three point five percent
|
|
2015 growth was in the doldrums right |
5.401 |
Jump to 7795.079 |
|
|
stuck right at two percent right |
4.721 |
Jump to 7798.159 |
|
|
was up in the five so |
3.759 |
Jump to 7802.88 |
|
|
we'll see roughly half a trillion |
4.4 |
Jump to 7896.4 |
|
|
100 billion pace per month now that |
4.639 |
Jump to 7908.48 |
|
|
stands in contrast with the 50 billion |
5.44 |
Jump to 7910.96 |
|
|
pays per month we observed between 2017 |
6.0 |
Jump to 7913.119 |
|
|
and 2019 then in the intervening years |
5.36 |
Jump to 7916.4 |
DATE
the intervening years
|
|
say by the end of 2024 i would expect |
4.881 |
Jump to 7919.119 |
|
|
just under 3 trillion to roll off the |
4.839 |
Jump to 7921.76 |
CARDINAL
just under 3 trillion
|
|
three rate hikes this year no 50 basis |
5.2 |
Jump to 7946.32 |
|
|
point hikes 325 basis point height with |
5.041 |
Jump to 7948.719 |
|
|
the rich risk of a fourth markets |
4.32 |
Jump to 7951.52 |
|
|
pricing in five as we talk |
3.52 |
Jump to 7953.76 |
|
|
think the five year five year |
4.08 |
Jump to 7965.36 |
DATE
the five year five year
|
|
fourth quarter today i realize this is |
5.281 |
Jump to 7975.119 |
|
|
backwards looking data but 6.9 percent |
5.84 |
Jump to 7977.44 |
|
|
1984. |
3.84 |
Jump to 7998.48 |
|
|
thinking we're going to be in that 1.5 |
5.04 |
Jump to 8019.199 |
|
|
to 1.7 growth pace in this quarter but |
5.199 |
Jump to 8020.88 |
|
|
have about a four percent growth rate by |
4.0 |
Jump to 8026.079 |
|
|
than double the 1.7 percent long-term |
3.841 |
Jump to 8030.079 |
|
|
slow and we'll slow back down around 2.2 |
4.16 |
Jump to 8043.84 |
|
|
in 2023 |
4.079 |
Jump to 8048.0 |
|
|
seven percent as investors digest their |
4.161 |
Jump to 8098.159 |
|
|
rose 760 but the ev maker warned those |
5.759 |
Jump to 8104.88 |
|
|
call uh during the third quarter call |
4.079 |
Jump to 8131.04 |
|
|
production on the 4680 which we think is |
4.16 |
Jump to 8149.36 |
|
|
60 000 users up from a couple thousand |
3.92 |
Jump to 8165.52 |
CARDINAL
a couple thousand
|
|
the next one to two years in our view |
3.04 |
Jump to 8174.159 |
|
|
you know that's one of the |
2.801 |
Jump to 8176.159 |
|
|
over time and that's really a three to |
3.361 |
Jump to 8233.679 |
|
|
five year time period when you look at |
4.241 |
Jump to 8235.519 |
|
|
approaching two million vehicles |
3.76 |
Jump to 8247.12 |
|
|
the stock uh price target 12 to 18 |
4.319 |
Jump to 8285.28 |
|
|
months target of hundred and three |
4.0 |
Jump to 8287.679 |
CARDINAL
hundred and three
|
|
been delayed until 2023 uh you think the |
4.641 |
Jump to 8297.599 |
|
|
see you know a solid five to seven year |
3.919 |
Jump to 8320.8 |
|
|
taking the time first and foremost here |
2.879 |
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|
|
flat to fiscal year 2019 the last |
4.88 |
Jump to 8627.76 |
|
|
though late i said happy new year first |
5.2 |
Jump to 8642.8 |
|
|
of things that are working for us one |
6.079 |
Jump to 8680.24 |
|
|
market share in 2021 globally was |
5.92 |
Jump to 8698.72 |
|
|
actually up three tenths of a point um |
5.679 |
Jump to 8701.68 |
|
|
sizes in the u.s 40 of the waste sizes |
4.16 |
Jump to 8716.64 |
|
|
consumer is one of our strategic choices |
5.68 |
Jump to 8849.2 |
|
|
about a fifth of our business i you know |
6.399 |
Jump to 8860.08 |
|
|
we ended uh 21 at about 36 percent |
6.0 |
Jump to 8862.8 |
|
|
uh in 22 we're going to grow that to |
4.561 |
Jump to 8866.479 |
|
|
about 40 and you know we're headed |
4.32 |
Jump to 8868.8 |
|
|
towards uh 60 |
4.16 |
Jump to 8871.04 |
|
|
consumer the director consumer has two |
4.239 |
Jump to 8875.2 |
|
|
announced plans to open another 100 |
3.92 |
Jump to 8883.6 |
|
|
have an app our app now is in nine |
4.08 |
Jump to 8919.76 |
|
|
countries we want to take it to about 15 |
3.84 |
Jump to 8921.84 |
|
|
26 so you know we are |
5.601 |
Jump to 8946.319 |
|
|
in um in 2021 we actually carved out |
5.281 |
Jump to 8977.439 |
|
|
now by about six and a half percent on |
4.56 |
Jump to 9062.72 |
|
|
hit hard in the session down more than 6 |
4.16 |
Jump to 9231.92 |
|
|
fourth quarter earnings after the bell |
3.76 |
Jump to 9236.08 |
|
|
client computing group posted a seven |
4.88 |
Jump to 9243.92 |
|
|
than six percent is this all on the |
3.6 |
Jump to 9269.04 |
|
|
conference on february 17th where they |
3.761 |
Jump to 9313.359 |
|
|
sometime mid 2022 as they've signaled |
5.12 |
Jump to 9332.16 |
|
|
yeah so the type of well first of all |
4.0 |
Jump to 9335.359 |
|
|
first mover in in eight asks but aside |
5.2 |
Jump to 9346.8 |
|
|
point that and one thing quite frankly i |
4.4 |
Jump to 9370.56 |
|
|
in but this is the first time that intel |
3.839 |
Jump to 9392.64 |
|
|
and two new fabs over in arizona we have |
3.201 |
Jump to 9410.479 |
|
|
uh factory announcement last week 20 |
4.48 |
Jump to 9413.68 |
|
|
billion dollars and then they've got |
3.52 |
Jump to 9416.56 |
|
|
long-term thing it takes three years to |
4.96 |
Jump to 9469.2 |
|
|
build one of these mega fabs uh out |
3.36 |
Jump to 9471.92 |
|
|
i feel like in 2023 |
4.96 |
Jump to 9484.16 |
|
|
17th at their investor conference |
4.481 |
Jump to 9509.359 |
|
|
in the cloud over the course of uh 2020 |
5.04 |
Jump to 9527.68 |
|
|
and 2021 much of that pulled forward for |
3.599 |
Jump to 9530.72 |
|
|
you saw about a 50 gain this quarter |
4.56 |
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|
|
i can see within six to nine months that |
6.96 |
Jump to 9576.88 |
|
|
reports more than two dozen tankers are |
4.481 |
Jump to 9824.319 |
CARDINAL
more than two dozen
|
|
north korea filed two ballistic missiles |
4.479 |
Jump to 9833.92 |
|
|
overnight marking the sixth time the |
4.481 |
Jump to 9836.399 |
|
|
and hong kong is shortening one of the |
4.56 |
Jump to 9863.12 |
|
|
required to quarantine for two weeks as |
4.88 |
Jump to 9872.72 |
|
|
opposed to the previous three the new |
4.641 |
Jump to 9875.279 |
|
|
china's zero copit policy but it has |
4.16 |
Jump to 9890.64 |
|
|
reduced by roughly 90 percent flight |
4.72 |
Jump to 9896.24 |
PERCENT
roughly 90 percent
|
|
bans from eight countries including the |
4.96 |
Jump to 9899.359 |
|
|
coming up one of the biggest names in |
6.08 |
Jump to 9904.319 |
|
|
first funding round with an 8 billion |
6.3 |
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|
|
everyone after building a base of 1.2 |
6.32 |
Jump to 10083.84 |
|
|
million users crypto exchange ftx us |
6.08 |
Jump to 10086.64 |
|
|
they've also amassed an 8 billion |
5.119 |
Jump to 10090.16 |
|
|
us and thanks for taking the time 400 |
4.0 |
Jump to 10106.8 |
|
|
million dollars raised even as crypto |
4.08 |
Jump to 10108.56 |
|
|
has slipped about 45 |
3.84 |
Jump to 10110.8 |
|
|
sure so yeah this was our first public |
4.32 |
Jump to 10121.2 |
|
|
have in store for 2022. one of the |
4.16 |
Jump to 10136.319 |
|
|
2022 and part of the funds will be able |
4.801 |
Jump to 10149.359 |
|
|
overall crypto space 30 billion dollars |
6.16 |
Jump to 10195.52 |
|
|
the two especially given the correlation |
4.239 |
Jump to 10280.24 |
|
|
intraday jump since january of 2021 |
7.201 |
Jump to 10546.479 |
|
|
3.1 |
4.321 |
Jump to 10564.319 |
|
|
million shares and you can see the if |
5.6 |
Jump to 10566.0 |
|
|
stock the price action here up 8 percent |
5.92 |
Jump to 10568.64 |
|
|
track the stock for its third day this |
6.48 |
Jump to 10574.56 |
|
|
three percent this is after the company |
4.64 |
Jump to 10608.56 |
|
|
coming in at 5.21 billion adjusted |
5.76 |
Jump to 10614.8 |
|
|
earnings per share 2.2 dollars and 35 |
5.681 |
Jump to 10617.279 |
|
|
it first opened now up more than three |
3.92 |
Jump to 10645.68 |
|
|
down more than one percent ahead of |
2.56 |
Jump to 10665.12 |
PERCENT
more than one percent
|
|
at 42 cents on revenue of 370 million |
6.481 |
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|
|
below 11 billion dollars this is about a |
5.761 |
Jump to 10703.279 |
|
|
third of its valuation from when the |
5.681 |
Jump to 10706.319 |
|
|
year-to-date 31 it's down more than 60 |
5.359 |
Jump to 10747.04 |
|
|
up to start the 12 noon hour we've got |
4.721 |
Jump to 10773.439 |
|
|
growth in nearly four decades in 2021 |
4.159 |
Jump to 10778.16 |
|
|
jones industrial average up by about 466 |
5.12 |
Jump to 10965.84 |
|
|
points uh we've also got the s p 500 up |
3.839 |
Jump to 10968.64 |
|
|
by about one percent a little bit more |
3.2 |
Jump to 10970.96 |
PERCENT
about one percent
|
|
first let's get back to the big news |
4.96 |
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|
|
hikes coming forth in 2022 |
6.08 |
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|
|
the fastest growth in 40 years on top of |
4.96 |
Jump to 11078.16 |
|
|
our slate of five nominees for the fed |
3.84 |
Jump to 11097.12 |
|
|
gdp print we got for q4 6.9 is the |
4.879 |
Jump to 11107.6 |
|
|
7.1 percent so i wonder how you assess |
4.56 |
Jump to 11127.12 |
|
|
well first of all your initial point is |
4.721 |
Jump to 11136.479 |
|
|
historical relationship and one that we |
4.64 |
Jump to 11174.56 |
|
|
of those issues in fact it's one of our |
3.679 |
Jump to 11188.8 |
|
|
i think one of the most important areas |
4.64 |
Jump to 11243.6 |
|
|
one area now building back better has a |
5.361 |
Jump to 11254.479 |
|
|
one of the strongest factors that's |
3.84 |
Jump to 11265.04 |
|
|
one thing we know is that the supply of |
5.12 |
Jump to 11271.04 |
|
|
1984. |
3.64 |
Jump to 11290.92 |
|
|
so first of all the president has |
6.48 |
Jump to 11362.16 |
|
|
strong and one of the things we saw in |
4.079 |
Jump to 11450.16 |
|
|
year up considerably from 2019 |
3.84 |
Jump to 11460.16 |
|
|
have orchestrated one of the most robust |
5.2 |
Jump to 11508.72 |
|
|
perspective in 40 years this is |
4.56 |
Jump to 11516.0 |
|
|
at near 40-year highs a question i asked |
4.16 |
Jump to 11607.52 |
|
|
well i think first of all the one thing |
5.359 |
Jump to 11622.88 |
|
|
highest in 40 years but that doesn't get |
3.76 |
Jump to 11640.96 |
|
|
let's discuss the fed first and foremost |
3.92 |
Jump to 11760.0 |
|
|
consider to shrink their balance sheet 9 |
5.28 |
Jump to 11799.68 |
|
|
trillion balance sheet toward the uh end |
5.76 |
Jump to 11802.16 |
|
|
of 2022 so i think much of those have |
6.0 |
Jump to 11804.96 |
|
|
you know maybe two or three |
4.079 |
Jump to 11825.2 |
|
|
markets you know unemployment rate 3.9 |
5.28 |
Jump to 11842.56 |
|
|
thousand points ending in positive |
2.96 |
Jump to 11898.64 |
|
|
for the next three year five year or ten |
4.16 |
Jump to 11959.68 |
DATE
the next three year five year
|
|
really cheap about like 110 steepness |
4.72 |
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|
|
surpassed 18 billion dollars let's bring |
5.44 |
Jump to 12231.76 |
|
|
target here 295 dollars a share we're |
4.56 |
Jump to 12241.04 |
|
|
development going forward in 2022 |
4.559 |
Jump to 12285.84 |
|
|
will achieve about three and a half |
3.679 |
Jump to 12288.72 |
CARDINAL
about three and a half
|
|
achieved in the past 20 years and |
4.081 |
Jump to 12294.479 |
|
|
uh in 22 they're also going to focus |
4.32 |
Jump to 12334.56 |
|
|
course of 22 and and beyond primarily |
4.401 |
Jump to 12351.359 |
|
|
digital system-wide sales exceeded 18 |
5.681 |
Jump to 12364.399 |
|
|
billion dollars in 2021 over 25 percent |
6.0 |
Jump to 12366.239 |
|
|
those top six markets that they track |
4.08 |
Jump to 12372.239 |
|
|
one of the third-party options that they |
4.24 |
Jump to 12386.72 |
|
|
only one um raising |
4.64 |
Jump to 12449.2 |
|
|
of these restaurants in the first half |
4.0 |
Jump to 12495.359 |
|
|
raise prices about six percent or so uh |
6.079 |
Jump to 12526.16 |
PERCENT
about six percent
|
|
in 21 and and you see the comps so far |
4.8 |
Jump to 12528.96 |
|
|
this down first and foremost and what |
6.16 |
Jump to 12756.96 |
|
|
2021 |
3.599 |
Jump to 12774.88 |
|
|
and so when taxpayers file their 2021 |
6.0 |
Jump to 12781.04 |
|
|
6419 |
4.4 |
Jump to 12797.2 |
|
|
on the 6419 letter and in fact for |
5.92 |
Jump to 12836.399 |
|
|
right now which is number one irs having |
5.04 |
Jump to 12888.64 |
|
|
haven't processed returns from even 2020 |
5.759 |
Jump to 12921.52 |
|
|
soaring up more than nine percent after |
4.08 |
Jump to 13147.04 |
PERCENT
more than nine percent
|
|
the first week where i actually had some |
4.08 |
Jump to 13227.6 |
|
|
customers to kick off the first quarter |
6.08 |
Jump to 13239.76 |
|
|
this 500 million new applications that |
5.761 |
Jump to 13343.359 |
|
|
in the next two years |
3.84 |
Jump to 13351.76 |
|
|
that took place in the in the prior 40 |
4.64 |
Jump to 13357.52 |
|
|
in the first quarter that's correct we |
5.121 |
Jump to 13430.479 |
|
|
uh we guide two ways one is we give a |
4.319 |
Jump to 13432.88 |
|
|
first quarter guidance |
3.92 |
Jump to 13435.6 |
|
|
guide in first quarter |
4.16 |
Jump to 13441.84 |
|
|
2022 |
4.96 |
Jump to 13448.72 |
|
|
congruent with 2021 on what is now a |
4.559 |
Jump to 13453.68 |
|
|
five years ago |
4.881 |
Jump to 13462.239 |
|
|
just did in one quarter in |
5.6 |
Jump to 13467.12 |
|
|
2021 in the fourth quarter |
3.8 |
Jump to 13469.88 |
|
|
growth in nearly four decades yahoo |
4.159 |
Jump to 13497.04 |
|
|
mixed the nasdaq the s p 500 in negative |
4.24 |
Jump to 13668.88 |
|
|
been seeing recently you can see s p 500 |
4.239 |
Jump to 13686.0 |
|
|
look at the week so this is four days in |
4.8 |
Jump to 13694.16 |
|
|
green than not microsoft up over one |
4.56 |
Jump to 13719.6 |
|
|
ago j and j up over one percent so is |
4.64 |
Jump to 13726.08 |
|
|
defensive here staples is the number one |
4.24 |
Jump to 13732.8 |
|
|
sector xlp is up seven tenths of a |
4.639 |
Jump to 13734.72 |
|
|
here so here's the nasdaq 100 a lot of |
3.679 |
Jump to 13750.56 |
|
|
here tesla after earnings down eight and |
3.68 |
Jump to 13755.84 |
|
|
hours uh nvidia down three percent |
4.239 |
Jump to 13761.12 |
|
|
now that's up nearly nine percent after |
4.16 |
Jump to 13775.68 |
PERCENT
nearly nine percent
|
|
their earnings uh sales force up one |
3.92 |
Jump to 13777.6 |
|
|
percent atlassian up two percent i |
3.2 |
Jump to 13779.84 |
|
|
seven percent looking at the arc |
3.921 |
Jump to 13786.239 |
|
|
square excuse me uh block is down three |
5.601 |
Jump to 13793.199 |
|
|
four percent coinbase down three percent |
4.881 |
Jump to 13796.239 |
|
|
down about four or five percent over the |
5.2 |
Jump to 13809.199 |
|
|
trailing 24 hours ether is down six |
5.201 |
Jump to 13811.359 |
|
|
percent and let's just get a five-day |
3.92 |
Jump to 13814.399 |
|
|
jared we saw oil hit that seven-year |
4.08 |
Jump to 13829.84 |
|
|
on so we can see going back at least 30 |
4.96 |
Jump to 13848.88 |
|
|
yesterday the big news was brent hit 90 |
5.84 |
Jump to 13868.399 |
|
|
per barrel for the first time since 2014 |
5.679 |
Jump to 13871.6 |
|
|
seven tenths of a percent today but |
3.599 |
Jump to 13879.84 |
|
|
here's the one-year chart you can see |
5.2 |
Jump to 13881.6 |
|
|
really flying high up 64 percent so kind |
6.321 |
Jump to 13883.439 |
|
|
24 years old impressionable and easy to |
5.279 |
Jump to 14118.0 |
|
|
day by about 1.2 percent i think for |
5.28 |
Jump to 14138.56 |
PERCENT
about 1.2 percent
|
|
one yard one artist neil young but to |
4.241 |
Jump to 14219.359 |
|
|
this is one of the major connection |
4.24 |
Jump to 14252.239 |
|
|
environment that's one of the only |
4.16 |
Jump to 14260.64 |
|
|
one fight here but uh clearly it does |
4.0 |
Jump to 14318.8 |
|
|
up about 147 points the nasdaq now |
4.56 |
Jump to 14337.12 |
|
|
dipping into the red down about 28 |
5.6 |
Jump to 14339.52 |
|
|
points and the s p 500 down eight we've |
6.08 |
Jump to 14341.68 |
|
|
and i in these two hours keep it right |
4.24 |
Jump to 14349.6 |
|
|
6.9 percent in the fourth quarter the |
6.04 |
Jump to 14535.399 |
|
|
economy growing at 5.7 percent in 2021 |
6.559 |
Jump to 14537.92 |
|
|
the fastest pace since 1984. does that |
5.04 |
Jump to 14541.439 |
|
|
bell the largest weight in the s p 500 |
4.721 |
Jump to 14561.359 |
|
|
gain of 115 the s p 500 near the flat |
5.76 |
Jump to 14613.84 |
|
|
line up now about four points but the |
4.161 |
Jump to 14617.439 |
|
|
recently and is now down a 34. you know |
5.12 |
Jump to 14621.6 |
|
|
march will most likely bring the first |
4.241 |
Jump to 14628.479 |
|
|
reserve in three years |
4.08 |
Jump to 14632.72 |
|
|
11 sectors in the s p 500 |
5.679 |
Jump to 14638.8 |
|
|
yield on the 10-year down a bit to 1.79 |
4.839 |
Jump to 14679.52 |
|
|
percent the 30-year yield holding at |
4.561 |
Jump to 14682.479 |
|
|
2.08 percent let's check in with jared |
5.08 |
Jump to 14684.359 |
|
|
whether you can see the s p 500 almost |
3.68 |
Jump to 14697.92 |
|
|
red i just want to show a one-month |
4.16 |
Jump to 14701.6 |
|
|
prior three or four days price action we |
4.32 |
Jump to 14705.76 |
|
|
five sessions and until we break this |
3.92 |
Jump to 14716.08 |
|
|
came in at 6.9 percent really handily |
4.96 |
Jump to 14746.16 |
|
|
beating the street estimate of 5.5 up |
5.36 |
Jump to 14748.8 |
|
|
from 2.3 percent the prior quarter but |
5.52 |
Jump to 14751.12 |
|
|
in that one quarter also want to point |
3.44 |
Jump to 14758.56 |
|
|
looking this data is already 30 days old |
5.199 |
Jump to 14762.0 |
|
|
pending home sales disappointed down 3.8 |
4.721 |
Jump to 14777.439 |
|
|
4 10 of a percent drop |
5.119 |
Jump to 14782.16 |
|
|
healthcare those are the number one and |
3.919 |
Jump to 14790.56 |
|
|
two sectors today and you can see a lot |
4.88 |
Jump to 14791.92 |
|
|
leading tesla down eight percent and you |
4.08 |
Jump to 14816.72 |
|
|
bottom down eleven and a half percent |
4.399 |
Jump to 14823.04 |
DATE
eleven and a half percent
|
|
rivian down almost ten percent and let's |
4.88 |
Jump to 14824.96 |
PERCENT
almost ten percent
|
|
can see down 30 from its ipo day so |
5.28 |
Jump to 14829.84 |
|
|
10 over the last year now they do have |
4.4 |
Jump to 14849.52 |
|
|
coming out in three weeks february 17th |
4.0 |
Jump to 14853.92 |
|
|
gdp number that we got earlier today 6.9 |
5.359 |
Jump to 14880.0 |
|
|
year-over-year in the fourth quarter |
3.521 |
Jump to 14883.359 |
|
|
so first of all looking at the gdp |
4.08 |
Jump to 14906.96 |
|
|
numbers for the fourth quarter you can |
4.08 |
Jump to 14908.88 |
|
|
inventory build and i guess on the one |
4.479 |
Jump to 14912.96 |
|
|
but that's going to be a one-time item |
4.481 |
Jump to 14925.279 |
|
|
and as we look at the first quarter |
4.24 |
Jump to 14927.6 |
|
|
you can see that first quarter is |
3.759 |
Jump to 14940.64 |
|
|
fourth quarter g gdp is backward looking |
4.401 |
Jump to 14946.479 |
|
|
and looking at the first quarter it |
3.12 |
Jump to 14949.52 |
|
|
priced in five hikes uh this year up |
4.559 |
Jump to 14992.88 |
|
|
from only pricing in four yesterday so i |
3.839 |
Jump to 14995.52 |
|
|
going to slow this year in the first |
4.561 |
Jump to 15031.439 |
|
|
seen these slow downs in the first |
4.399 |
Jump to 15065.84 |
|
|
surprised uh 70 or so of the 25 of |
6.0 |
Jump to 15125.52 |
|
|
five quarters and as you look at forward |
4.321 |
Jump to 15133.359 |
|
|
very expensive and one could argue |
4.479 |
Jump to 15219.68 |
|
|
sector right it's over 25 of the s p |
6.0 |
Jump to 15230.479 |
|
|
expensive and i would point first of all |
3.519 |
Jump to 15244.8 |
|
|
the semiconductors as one area and |
3.681 |
Jump to 15246.399 |
|
|
of tech one of the things we're looking |
3.359 |
Jump to 15266.8 |
|
|
stocks are down this year so one example |
4.799 |
Jump to 15273.68 |
|
|
stocks down 15 percent this year and |
3.521 |
Jump to 15278.479 |
|
|
one and another one we're looking at is |
3.681 |
Jump to 15291.279 |
|
|
and uh you can get the stock for 12 |
3.68 |
Jump to 15297.84 |
|
|
14-day trial for yahoo finance plus you |
4.559 |
Jump to 15320.88 |
|
|
moderna has dosed the first participant |
4.24 |
Jump to 15515.52 |
|
|
in its phase 2 clinical trial of an |
4.479 |
Jump to 15517.68 |
|
|
people about six months after they had |
4.801 |
Jump to 15555.279 |
|
|
six months but i think we have to make |
3.84 |
Jump to 15574.96 |
|
|
2 study to look at an omicron specific |
5.839 |
Jump to 15585.6 |
|
|
2022 |
5.2 |
Jump to 15596.159 |
|
|
million plus americans being infected |
6.48 |
Jump to 15628.64 |
|
|
500 000 people in france in a single day |
6.0 |
Jump to 15631.12 |
|
|
shown that just two months from omicron |
4.88 |
Jump to 15755.279 |
|
|
vaccine all in one one lipid |
3.6 |
Jump to 15772.96 |
|
|
in the winter of 2023. |
5.521 |
Jump to 15785.279 |
|
|
five to eleven |
3.761 |
Jump to 15855.279 |
|
|
i think for those two to five-year-olds |
6.0 |
Jump to 15867.279 |
|
|
and it uses the 25 microgram dose so |
4.881 |
Jump to 15876.159 |
|
|
really is a central one do we try and |
4.721 |
Jump to 15913.359 |
|
|
so mrna 1273 the current vaccine is |
5.679 |
Jump to 15963.68 |
|
|
one like the fda will certainly be very |
4.719 |
Jump to 16011.68 |
|
|
1273 really is an exceptional vaccine |
5.12 |
Jump to 16018.88 |
|
|
in 200 million people the vaccine has |
5.92 |
Jump to 16040.399 |
|
|
now been used in 400 million doses uh |
5.519 |
Jump to 16042.72 |
|
|
street now we have all three major |
3.279 |
Jump to 16071.12 |
|
|
than 200 points earlier today now down |
5.92 |
Jump to 16080.239 |
|
|
114 the s p 500 off 31 |
6.28 |
Jump to 16082.84 |
|
|
now down 168. coming up intel chooses |
6.721 |
Jump to 16091.359 |
|
|
20 billion dollar chip making center |
5.6 |
Jump to 16275.04 |
|
|
beat out 39 other |
4.4 |
Jump to 16294.56 |
|
|
ohio has a 177 |
5.52 |
Jump to 16343.52 |
|
|
uh and 21 000 of those are stem and |
5.52 |
Jump to 16349.04 |
|
|
state route 161 there in new albany to |
4.96 |
Jump to 16382.72 |
|
|
available from 15 years as the max to 30 |
5.92 |
Jump to 16438.08 |
|
|
years as a max and that provided us one |
4.481 |
Jump to 16441.359 |
|
|
be much more important in the next 20 |
4.161 |
Jump to 16520.4 |
|
|
years than it even was in the past 25 or |
5.279 |
Jump to 16522.16 |
|
|
30 years uh these semiconductors go into |
5.199 |
Jump to 16524.561 |
|
|
beyond the 3 000 jobs that direct jobs |
5.041 |
Jump to 16535.279 |
|
|
that were committed the 10 000 indirect |
5.84 |
Jump to 16537.76 |
|
|
jobs and the 7 000 construction jobs |
4.799 |
Jump to 16540.32 |
|
|
for those companies we're one hour a |
4.32 |
Jump to 16567.039 |
|
|
one-hour flight from 60 |
4.0 |
Jump to 16569.279 |
|
|
population and we're a one-day drive so |
4.561 |
Jump to 16573.279 |
|
|
this famous letter 6419 that you've |
4.64 |
Jump to 16841.04 |
|
|
yeah sure i mean so first of all we're |
4.722 |
Jump to 16882.718 |
|
|
that letter is going out to the 36 |
4.88 |
Jump to 16901.68 |
|
|
million recipients of the child tax |
3.6 |
Jump to 16903.92 |
|
|
it's about one percent of the recipients |
4.642 |
Jump to 16914.878 |
PERCENT
about one percent
|
|
so it's still a few hundred thousand |
3.04 |
Jump to 16919.52 |
CARDINAL
a few hundred thousand
|
|
average have been with h r block for 10 |
3.28 |
Jump to 16971.28 |
|
|
well i guess the first thing i would say |
4.64 |
Jump to 17033.04 |
|
|
really saw two very different segments |
3.278 |
Jump to 17049.68 |
|
|
you have you already have about 20 |
4.32 |
Jump to 17107.92 |
|
|
million plus customers at h r block do |
4.4 |
Jump to 17110.08 |
|
|
really in the first week you know so we |
4.798 |
Jump to 17128.16 |
|
|
that two-thirds of america according to |
5.12 |
Jump to 17136.08 |
|
|
from day one |
4.0 |
Jump to 17157.76 |
|
|
two days early |
4.32 |
Jump to 17172.0 |
|
|
set to report first quarter earnings |
3.52 |
Jump to 17375.84 |
|
|
year-to-date is down more than 12 |
3.6 |
Jump to 17384.16 |
|
|
percent after crossing that three |
3.52 |
Jump to 17386.08 |
|
|
trillion dollar benchmark at the start |
4.0 |
Jump to 17387.76 |
|
|
have a 200 price target on apple you own |
5.36 |
Jump to 17398.32 |
|
|
and last quarter it lost 6 billion in |
3.92 |
Jump to 17417.92 |
|
|
117 to 119 billion in sales uh that's |
6.16 |
Jump to 17423.76 |
|
|
about a 6.5 to 8 billion dollar increase |
4.482 |
Jump to 17426.878 |
MONEY
6.5 to 8 billion dollar
|
|
and as you know they generate 100 |
3.44 |
Jump to 17429.92 |
|
|
billion in free cash flow every year so |
3.518 |
Jump to 17431.36 |
|
|
super cycle and whether it's 5g whether |
4.322 |
Jump to 17434.878 |
|
|
smartphone in q4 i mean taking 23 market |
5.358 |
Jump to 17445.36 |
|
|
look at it getting to 25 by 2025 uh and |
5.44 |
Jump to 17456.48 |
|
|
especially given the way the zero kobit |
5.358 |
Jump to 17541.44 |
|
|
right away they take two to three years |
4.16 |
Jump to 17565.92 |
|
|
there and then of course any two types |
2.962 |
Jump to 17582.878 |
|
|
the dow is up at its best about 600 |
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|
|
now 90 points or 80 points in the |
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|
|
24 being led lower today by financials |
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|
|
148 points and i want to bring your |
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|
|
attention to the russell 2000 those |
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|
|
biggest losers off now more than two |
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|
|
percent a loss there of 40 points so not |
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|
|
to contend with early in 2022. |
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|
|
6.9 percent last quarter and five and a |
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|
|
fastest pace in nearly four decades but |
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|
|
the major indices it's down seven |
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|
|
you look at this chart here still up 20 |
4.24 |
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|
|
first one is from rbc they rate the |
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|
|
of three hundreds that's fifty dollars |
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|
|
mcdonald's in the fourth quarter but |
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|
|
and they have a price target of 275 so |
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|
|
25 dollars above that price roughly and |
4.16 |
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|
|
largely in inline fourth quarter us in |
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|
|
guidance hinted at a step down in 2023 |
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|
|
if you'll remember last year in 2021 |
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|
|
it's down 18 and it's now trading below |
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|
|
900 that's one of those key levels that |
3.44 |
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|
|
one-year chart on here and just give you |
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|
|
fourth quarter results tesla shares |
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|
|
initially shed 60 billion dollars of |
4.322 |
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|
|
supply chain and chip shortage on 2022 |
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|
|
to comfortably above 50 growth in 2022 |
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|
|
sympathy lucid motors down 11.7 percent |
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|
|
price target of 371. that's about 70 |
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|
|
excuse me second quarter 22 as a company |
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|
|
reported 22 adjusted eps growth on 20 |
5.76 |
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|
|
the second quarter though all divisions |
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|
|
results raising their full year 22 |
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|
|
think about a seven percent inflation |
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|
|
intraday here of the russell 2000 and on |
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|
|
down more than two percent i'm wondering |
3.76 |
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PERCENT
more than two percent
|
|
you know through the first half of this |
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DATE
the first half of this
|
|
still believe going into this year 2022 |
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|
|
already one month in |
3.6 |
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|
|
since 1984. that still counts as a |
4.562 |
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|
|
trends going into 2022 are pretty good |
4.72 |
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|
|
first month or two of the year but the |
4.8 |
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|
|
unemployment rate is at 3.9 percent the |
4.96 |
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|
|
3.5 we're almost back to that record low |
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|
|
lower at some point within the first |
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|
|
half of uh 2022 so uh there are some |
4.482 |
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|
|
really for most of the last 40 years |
4.4 |
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|
|
it is his single-minded focus for 2022 |
5.2 |
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|
|
uh prospects the most in 2022 |
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|
|
be surprised here too after two years of |
4.24 |
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|
|
about two-thirds of them say that's what |
4.558 |
Jump to 19250.4 |
CARDINAL
about two-thirds
|
|
of well-being on the job they have eight |
3.92 |
Jump to 19264.878 |
|
|
on every one of those eight measures |
3.518 |
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|
|
two percent on that news ceo paul reilly |
4.08 |
Jump to 19503.6 |
|
|
on well so first we have a you know we |
5.442 |
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|
|
have uh over 50 billion of client cash |
4.8 |
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|
|
75 billion and |
5.68 |
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|
|
uh a 100 basis points instantaneous rise |
6.08 |
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|
|
would add you know 560 million of |
4.638 |
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|
|
100 basis points is really not |
4.718 |
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|
|
potentially this year's six to seven |
3.92 |
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|
|
mortgage at nine percent and i watched |
3.598 |
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|
|
him go to 12 right that was a few years |
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|
|
you know maybe two percent in total over |
4.0 |
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|
|
said 50 were confident in the stock |
3.6 |
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|
|
market a little over 50 that was the |
3.6 |
Jump to 19748.32 |
CARDINAL
a little over 50
|
|
cash is six and a half percent of the |
2.962 |
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DATE
six and a half percent
|
|
typically that's 10 plus so |
4.32 |
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|
|
advisors who they show 95 confidence in |
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|
|
i know julie won't use one by her |
2.85 |
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|
|
industry reported 14 annualized |
5.52 |
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|
|
as much as 72 percent that is chevron |
4.88 |
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PERCENT
as much as 72 percent
|
|
brent cracked 90 dollars a barrel before |
4.718 |
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|
|
of that and how crude settled the one |
3.68 |
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|
|
wti talking here just settled at 86 |
4.882 |
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|
|
61 cents per barrel still trade in the |
4.0 |
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|
|
electronic market not even off one |
3.92 |
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|
|
as you said karina did top 90 per barrel |
5.2 |
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|
|
intraday high also hit one yesterday but |
4.642 |
Jump to 20132.878 |
|
|
this would be the first record close in |
4.48 |
Jump to 20135.04 |
|
|
four years you'd have to go back to 2014 |
3.68 |
Jump to 20137.52 |
|
|
basically done nothing for about 10 |
4.4 |
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|
|
precipitate that with crude oil at seven |
5.038 |
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|
|
that and fuel costs are one of the major |
4.642 |
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|
|
southwest just reported its first |
3.6 |
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|
|
and a losing first quarter here with an |
3.92 |
Jump to 20179.36 |
DATE
a losing first quarter
|
|
profit of 68 million but expects a loss |
4.32 |
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|
|
reported a loss of 129 million american |
5.16 |
Jump to 20194.16 |
|
|
921 million in the fourth quarter all |
5.638 |
Jump to 20199.32 |
|
|
are predicting weaker first quarters so |
4.64 |
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|
|
fourth quarter |
2.24 |
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|
|
course as we entered the second week of |
5.442 |
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|
|
first six weeks of the quarter are |
3.36 |
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DATE
first six weeks of the quarter
|
|
expecting all three of those companies |
5.68 |
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|
|
to report uh profit in the second |
4.398 |
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|
|
so number one is fuel cost |
4.962 |
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|
|
was around a dollar 25-ish a gallon and |
6.08 |
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|
|
now it's 225 a gallon and seemingly |
5.76 |
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|
|
challenge the second major challenge is |
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|
|
to 17 |
5.28 |
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|
|
dollars an hour from 15 an hour and |
5.918 |
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|
|
in excess of i think they said three i |
3.76 |
Jump to 20406.16 |
|
|
think they said actually eight thousand |
3.682 |
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|
|
people alaska air said three thousand |
4.958 |
Jump to 20409.92 |
|
|
americans said eighteen thousand |
3.44 |
Jump to 20412.24 |
CARDINAL
eighteen thousand
|
|
jetblue said three uh five thousand |
4.88 |
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|
|
to ask you you know more than 25 000 |
3.6 |
Jump to 20486.24 |
|
|
so there's two things to think about one |
4.48 |
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|
|
um so the five days the cdc went to what |
4.72 |
Jump to 20543.52 |
|
|
five days |
3.44 |
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|
|
versus 10 days |
3.84 |
Jump to 20548.24 |
|
|
flight at 8am saturday morning and we |
4.24 |
Jump to 20574.24 |
TIME
8am saturday morning
|
|
that's the best yeah that's the best one |
3.76 |
Jump to 20609.44 |
|
|
already found a new home one day after |
4.8 |
Jump to 20773.28 |
|
|
something like a hundred million dollars |
3.84 |
Jump to 20811.2 |
MONEY
a hundred million dollars
|
|
already serving more than 300 million |
6.322 |
Jump to 20854.718 |
MONEY
more than 300 million
|
|
serving not just a couple of hundred |
4.56 |
Jump to 20921.2 |
|
|
million consumers maybe even a billion |
4.64 |
Jump to 20923.76 |
|
|
because there's one |
3.92 |
Jump to 21094.48 |
|
|
they're not the first consumer content |
5.358 |
Jump to 21203.6 |
|
|
beer with zero carbs it's called bud |
3.6 |
Jump to 21376.32 |
|
|
is the first ever no car beer across |
5.44 |
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|
|
7th ahead of super bowl 56. now this is |
4.798 |
Jump to 21396.0 |
|
|
a big deal for the beer brand it took 10 |
5.04 |
Jump to 21398.48 |
|
|
years 10 years to develop this beer the |
4.962 |
Jump to 21400.798 |
|
|
it really is the impossible beer a zero |
7.28 |
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|
|
a log lager beer so it has 80 calories |
6.08 |
Jump to 21434.558 |
|
|
and it's four percent alcohol now if you |
4.72 |
Jump to 21437.44 |
|
|
typically six grams where a lager beer |
7.198 |
Jump to 21447.36 |
|
|
is typically 10 to 13 grams and of |
6.16 |
Jump to 21451.28 |
|
|
course this bud light next is zero grams |
4.962 |
Jump to 21454.558 |
|
|
end so when you're first getting it it |
3.278 |
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|
|
in mind this is for 21 plus consumers |
5.038 |
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|
|
of the next three collection instead of |
4.638 |
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|
|
the e here there's a three signifying |
4.798 |
Jump to 21539.76 |
|
|
web three those will become available on |
5.92 |
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|
|
february 6 for 399 dollars per token now |
6.282 |
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|
|
there will be a 12 |
5.122 |
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|
|
722 signifying today |
5.718 |
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|
|
1984 and 2021 as fourth quarter gdp |
5.762 |
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|
|
travel pushed fourth quarter revenue up |
3.518 |
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|
|
it's flat it's down a point the s p 500 |
6.238 |
Jump to 21808.32 |
|
|
down 18 points the nasdaq is off 150 |
6.08 |
Jump to 21811.36 |
|
|
last 20 minutes last 15 minutes of the |
4.4 |
Jump to 21817.44 |
TIME
last 20 minutes last 15 minutes
|
|
it looks like we might have another one |
3.92 |
Jump to 21842.958 |
|
|
the prior five days trading action i'll |
3.358 |
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|
|
coming at 4 30 bringing that to you live |
4.642 |
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|
|
those top spots at least three of those |
4.08 |
Jump to 21895.36 |
|
|
taiwan's summing down about four percent |
4.478 |
Jump to 21920.16 |
PERCENT
about four percent
|
|
intel and amd down six percent lam |
4.638 |
Jump to 21922.08 |
|
|
here we got vmware up two percent uh |
4.32 |
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|
|
palo alto networks up about two and a |
4.16 |
Jump to 21937.36 |
|
|
up nine percent also want to check in on |
4.56 |
Jump to 21941.52 |
|
|
supply chain that stock is down 10 |
4.4 |
Jump to 21947.92 |
|
|
it's been very choppy over the prior six |
4.4 |
Jump to 21953.84 |
|
|
to ask you first about your response to |
3.28 |
Jump to 21977.04 |
|
|
from 2021's policy mistake to use your |
4.718 |
Jump to 21984.24 |
|
|
great you know one thing we told our |
3.522 |
Jump to 21998.558 |
|
|
yesterday we saw you know three things |
2.798 |
Jump to 22014.08 |
|
|
one you know they took some uncertainty |
4.08 |
Jump to 22016.878 |
|
|
said we are raising in march number two |
3.76 |
Jump to 22020.958 |
|
|
out back in march of 2020 great news |
4.4 |
Jump to 22028.558 |
|
|
there but number three we did learn some |
3.6 |
Jump to 22030.958 |
|
|
see what's going on number one they |
3.2 |
Jump to 22035.92 |
|
|
in december number two there's really so |
4.16 |
Jump to 22039.12 |
|
|
number three the fed you know palestine |
3.678 |
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|
|
the two-year treasury yield markets are |
3.68 |
Jump to 22053.68 |
|
|
pricing in four to five hikes we're |
3.76 |
Jump to 22055.36 |
|
|
probably on the longer side maybe four |
4.56 |
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|
|
maybe five hikes the key question is |
5.04 |
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|
|
will be at 50 basis points at one time |
4.48 |
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|
|
you know this volatility ties into one |
3.76 |
Jump to 22100.08 |
|
|
of our key themes for 2022. market |
4.32 |
Jump to 22101.68 |
|
|
very different than the last one the |
3.442 |
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|
|
last one was long it was stretched out |
3.52 |
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|
|
country 128 months and that environment |
4.56 |
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|
|
p 500 with that said though a correction |
4.8 |
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|
|
as we all know is 10 down we don't see a |
4.482 |
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|
|
there's so many reasons why number one |
3.838 |
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|
|
income second of all you know the fed is |
4.24 |
Jump to 22161.12 |
|
|
third of all supply chain issues will |
3.762 |
Jump to 22168.638 |
|
|
already fourth of all where we're seeing |
4.08 |
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|
|
about 37 basis points during most |
5.282 |
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|
|
corrections this averages about 395 |
5.678 |
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|
|
this goes into our first theme |
4.08 |
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|
|
going on with cove at 19 and also with |
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|
|
is looking at both a third shot as an |
5.438 |
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|
|
omicron specific booster or a fourth |
4.32 |
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|
|
the next two months and two different |
4.56 |
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|
|
cohorts of about 300 enrollees each and |
4.88 |
Jump to 22517.04 |
|
|
and of course uh coveton 19 pneumonia |
5.202 |
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|
|
uh to get to the point about kova 19 |
6.0 |
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|
|
over over a hundred years ago so now |
4.882 |
Jump to 22672.638 |
DATE
over a hundred years ago
|
|
distress syndrome due to cova 19 or |
4.64 |
Jump to 22705.76 |
|
|
of about 35 patients right now so it's |
4.16 |
Jump to 22729.76 |
|
|
essentially a phase one study it's a |
4.718 |
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|
|
we're looking at is it a year is it two |
3.52 |
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|
|
under a calendar year uh do phase three |
5.76 |
Jump to 22806.32 |
|
|
also we now they are two um anti-viral |
6.162 |
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|
|
covet 19 as a chronic illness something |
4.402 |
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|
|
10 years from now remember that |
6.08 |
Jump to 22860.478 |
|
|
covet 19 is not the first corona virus |
5.76 |
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|
|
21st century it's actually the third |
4.32 |
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|
|
fortunately the first two were about |
3.678 |
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|
|
so but i just want to emphasize one |
3.76 |
Jump to 22874.878 |
|
|
activity cooled at the end of 2021. |
4.638 |
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|
|
month by 3.8 percent the estimate was |
6.56 |
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|
|
for a fall of 0.4 percent year over year |
7.12 |
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|
|
the pending home sales index fell by 6.9 |
5.28 |
Jump to 23205.76 |
|
|
of a 4 percent so this signifies |
6.16 |
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|
|
eight was down 18 percent from november |
6.0 |
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|
|
and down 14.2 percent from one year ago |
6.798 |
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|
|
houses have been selling 10 days faster |
6.4 |
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|
|
you've got the 30-year fixed mortgage |
4.038 |
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|
|
3.55 percent and it's only going higher |
5.402 |
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|
|
you've spoken to first-time home buyers |
3.202 |
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|
|
one home hunter in southern texas and |
4.08 |
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|
|
100 and 200 000 level anything below 200 |
6.32 |
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|
|
000 dollars he's telling me are |
4.718 |
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|
|
surged by almost 7 trillion dollars in |
8.4 |
Jump to 23331.2 |
MONEY
almost 7 trillion dollars
|
|
2021 alone that is the the biggest |
7.482 |
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|
|
delivered mixed fourth quarter results |
2.878 |
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|
|
markets are because we have roughly 30 |
4.48 |
Jump to 23529.2 |
|
|
it now up about 30 points the s p 500 is |
5.518 |
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|
|
off about 17 points we have the nasdaq |
5.602 |
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|
|
down one and a quarter percent off 166 |
5.202 |
Jump to 23542.798 |
DATE
one and a quarter percent
|
|
things get fun but let's go to the two |
3.52 |
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|
|
and two right now two stocks that emily |
3.44 |
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|
|
is watching two stocks that i'm watching |
4.0 |
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|
|
it fell to 14.8 billion uh in the fourth |
6.442 |
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|
|
quarter that was down from the 15.5 bill |
5.84 |
Jump to 23572.24 |
|
|
15.3 billion a year earlier but if you |
5.478 |
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|
|
go back before the 737 max had been |
5.04 |
Jump to 23578.08 |
|
|
grounded healthy revenue was 28 million |
5.682 |
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|
|
announced a trio of orders covering 23 |
5.278 |
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|
|
wide body freighters also orders for 50 |
7.28 |
Jump to 23591.92 |
|
|
737 max jets with options for 50 more |
5.92 |
Jump to 23594.718 |
|
|
plunged remember 20 |
3.84 |
Jump to 23607.44 |
|
|
square has purchased more than 3.1 |
4.802 |
Jump to 23618.798 |
|
|
million shares of netflix here's the |
5.118 |
Jump to 23621.52 |
|
|
shares are jumping by nearly nine |
3.28 |
Jump to 23647.04 |
|
|
april 2020 after the company posted |
4.0 |
Jump to 23651.68 |
|
|
fourth quarter sales and profits |
4.08 |
Jump to 23654.0 |
|
|
company sees 2022 revenue growing as |
4.32 |
Jump to 23671.68 |
|
|
much as 13 this year and adjusted |
4.16 |
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|
|
in between a dollar fifty and a dollar |
4.32 |
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|
|
and fifty six cents or better than wall |
4.24 |
Jump to 23680.08 |
|
|
and fifty two cents now morgan stanley |
3.6 |
Jump to 23684.32 |
|
|
beginning of 2022. |
4.0 |
Jump to 23697.44 |
|
|
mcdonald's now for the company fourth |
3.442 |
Jump to 23710.878 |
|
|
of 2.23 cents per share were below the |
4.802 |
Jump to 23724.878 |
|
|
2.34 |
4.438 |
Jump to 23728.04 |
|
|
margins as we head into fiscal 2022 and |
4.16 |
Jump to 23738.558 |
|
|
12.3 percent during the fourth quarter |
4.638 |
Jump to 23747.92 |
|
|
or much better than the 10.7 percent |
4.398 |
Jump to 23750.08 |
|
|
revenue came in over 5 billion dollars |
6.32 |
Jump to 23767.04 |
MONEY
over 5 billion dollars
|
|
basis in the fourth quarter |
3.76 |
Jump to 23773.36 |
|
|
they will not be profitable in the first |
3.92 |
Jump to 23777.12 |
|
|
but 2022 is looking really good for |
4.32 |
Jump to 23781.04 |
|
|
i think the fourth quarter is a great |
3.76 |
Jump to 23790.08 |
|
|
still down about 50 compared to |
4.482 |
Jump to 23798.798 |
|
|
months that we have in 2022 or january |
4.718 |
Jump to 23812.08 |
|
|
losses by two-thirds for the year we |
5.84 |
Jump to 23838.718 |
|
|
two years ago and i was watching an |
3.28 |
Jump to 23880.08 |
|
|
between 10 to 20 lower than what it had |
5.438 |
Jump to 23887.12 |
CARDINAL
between 10 to 20
|
|
been in 2019 that would all bode well |
5.038 |
Jump to 23889.6 |
|
|
been my partner for 34 years and he's |
5.12 |
Jump to 23902.08 |
|
|
with where they were in 2019 we're very |
6.078 |
Jump to 23920.4 |
|
|
billion dollars and we're about 65 hedge |
4.722 |
Jump to 23926.478 |
|
|
percent hedge this year and about 35 |
4.32 |
Jump to 23929.2 |
|
|
737-8 is about 14 to 15 percent more |
5.72 |
Jump to 23938.68 |
|
|
we just do our best to manage each one |
4.4 |
Jump to 23947.28 |
|
|
goals in 2021 and exceeded them and you |
6.24 |
Jump to 23957.28 |
|
|
intend to hire 8 000 people this year |
5.44 |
Jump to 23960.4 |
|
|
use the fourth quarter as a springboard |
5.92 |
Jump to 23977.68 |
|
|
five to ten percent compared to where we |
5.278 |
Jump to 24035.6 |
PERCENT
five to ten percent
|
|
recovering to 100 percent plus |
5.362 |
Jump to 24040.878 |
|
|
um there's one position that's going to |
4.8 |
Jump to 24049.44 |
|
|
february first tuesday uh what's going |
4.16 |
Jump to 24056.478 |
|
|
in that role for 18 years you've been |
4.642 |
Jump to 24060.638 |
|
|
with southwest for 35 almost 36 years |
5.202 |
Jump to 24062.478 |
|
|
moved 50 yards down the hall we've been |
4.24 |
Jump to 24087.6 |
|
|
in transition here for seven months |
4.64 |
Jump to 24089.36 |
|
|
and one thing about southwest you should |
4.72 |
Jump to 24114.32 |
|
|
one of the people who follow southwest |
3.598 |
Jump to 24119.04 |
|
|
of 67 |
4.402 |
Jump to 24124.638 |
|
|
and he used the word uncertain seven |
3.92 |
Jump to 24317.44 |
|
|
rate that they had in 2019 which is in |
4.802 |
Jump to 24384.798 |
|
|
that two to two and a half range that's |
4.0 |
Jump to 24387.52 |
CARDINAL
two to two and a half
|
|
or two so how do we as investors |
3.92 |
Jump to 24447.12 |
|
|
industry we've had 45 |
3.84 |
Jump to 24463.44 |
|
|
week we were down about 280 million this |
3.6 |
Jump to 24469.84 |
CARDINAL
about 280 million
|
|
about 1.4 billion outflow which will be |
6.24 |
Jump to 24473.44 |
CARDINAL
about 1.4 billion
|
|
the biggest since april of 2020. so |
4.722 |
Jump to 24476.558 |
|
|
about 40 to 50 basis points higher so |
4.96 |
Jump to 24504.32 |
|
|
first quarter of this year uh muni's no |
5.442 |
Jump to 24536.558 |
DATE
first quarter of this year
|
|
down negative two percent and last year |
4.32 |
Jump to 24542.0 |
PERCENT
negative two percent
|
|
was one of the few bright spots in fixed |
3.442 |
Jump to 24544.558 |
|
|
income markets returning about one and a |
3.76 |
Jump to 24546.32 |
|
|
mentioned the one and a half percent |
4.16 |
Jump to 24592.718 |
|
|
though we're down about two percent |
3.84 |
Jump to 24604.08 |
PERCENT
about two percent
|
|
we're going to get that first liftoff |
3.68 |
Jump to 24628.4 |
|
|
the one thing perhaps is maybe a little |
4.72 |
Jump to 24639.52 |
|
|
2022 we sort of left the door open a |
3.6 |
Jump to 24646.32 |
|
|
closing bell in roughly uh eight minutes |
4.0 |
Jump to 24835.6 |
|
|
positive but a lot can happen in eight |
3.92 |
Jump to 24842.558 |
|
|
and the russell 2000 the underperformer |
4.398 |
Jump to 24864.24 |
|
|
of the group down 2.4 percent and |
4.802 |
Jump to 24866.638 |
|
|
live in about 40 minutes here at 4 30 is |
5.122 |
Jump to 24878.718 |
|
|
scheduled time microsoft up one percent |
5.198 |
Jump to 24881.36 |
|
|
amazon up over two percent some of the |
5.28 |
Jump to 24883.84 |
|
|
eight percent but i want to take a look |
3.2 |
Jump to 24889.12 |
|
|
forefront that is up one percent today |
4.718 |
Jump to 24896.0 |
|
|
above 85 dollars per barrel that is |
4.48 |
Jump to 24901.68 |
|
|
five percent royal caribbean down six |
4.16 |
Jump to 24920.638 |
|
|
down two percent after its earnings |
3.84 |
Jump to 24926.638 |
|
|
we see that stock down six and a half |
4.322 |
Jump to 24934.798 |
|
|
percent amd down seven percent and uh |
4.318 |
Jump to 24936.4 |
|
|
gains for astrazeneca that's up four |
4.882 |
Jump to 24944.478 |
|
|
percent sanofi that's up three percent a |
4.802 |
Jump to 24946.798 |
|
|
that's down about four tenths of a |
2.48 |
Jump to 24951.6 |
CARDINAL
about four tenths
|
|
guess what we got exxon mobil up one and |
4.0 |
Jump to 24956.558 |
|
|
up two percent to a record high here's a |
4.0 |
Jump to 24963.2 |
|
|
gas over the last five years this spike |
4.32 |
Jump to 25003.28 |
|
|
take a look at the 20-year picture for |
3.92 |
Jump to 25010.08 |
|
|
2006 and they call natural gas the widow |
5.84 |
Jump to 25016.08 |
|
|
trades when it blew up in 2006 also blew |
5.6 |
Jump to 25021.92 |
|
|
was six billion dollars i wouldn't be |
3.358 |
Jump to 25031.2 |
MONEY
six billion dollars
|
|
can see let me get a one month view here |
5.36 |
Jump to 25039.84 |
|
|
and we only have what four and a half |
3.6 |
Jump to 25054.32 |
|
|
very much compared today to 2015 and the |
5.202 |
Jump to 25268.638 |
|
|
that four hikes is potentially the |
3.52 |
Jump to 25277.84 |
|
|
we'll see i mean 30 seconds is still |
3.76 |
Jump to 25298.16 |
|
|
the s p 500 looks like it's going to |
3.52 |
Jump to 25301.92 |
|
|
this thursday january 27th as we take a |
4.16 |
Jump to 25327.12 |
|
|
markets the s p 500 down about point six |
3.84 |
Jump to 25333.76 |
|
|
session down about 1.4 percentage points |
4.638 |
Jump to 25345.84 |
|
|
with the s p 500 down about nine percent |
4.8 |
Jump to 25353.52 |
PERCENT
about nine percent
|
|
know market gyrations are one thing but |
4.398 |
Jump to 25440.4 |
|
|
the fourth quarter inventories were a |
2.72 |
Jump to 25475.6 |
|
|
first quarter until we get there but i |
4.0 |
Jump to 25517.28 |
|
|
forecasters coming out and saying four |
5.44 |
Jump to 25528.32 |
|
|
to five interest rate increases in 2022 |
6.0 |
Jump to 25530.08 |
|
|
pulse survey eight million people |
3.198 |
Jump to 25601.6 |
|
|
for 2022 by a few tenths of a percentage |
3.522 |
Jump to 25644.478 |
|
|
that's what one of the one of the |
4.722 |
Jump to 25696.478 |
|
|
now and will in the first quarter |
4.718 |
Jump to 25729.76 |
|
|
ouch is one adjective that we might use |
5.2 |
Jump to 25738.08 |
|
|
here you can see the stock down 10 in |
4.08 |
Jump to 25745.52 |
|
|
362.7 million dollars short of the wall |
5.64 |
Jump to 25752.36 |
MONEY
362.7 million dollars
|
|
street estimate of 370.9 million dollars |
4.8 |
Jump to 25755.12 |
MONEY
370.9 million dollars
|
|
light 63.4 million versus |
5.76 |
Jump to 25759.92 |
|
|
66.3 million expected loss per share was |
5.64 |
Jump to 25762.36 |
|
|
wider than expected 49 cents on a gap |
6.0 |
Jump to 25765.68 |
|
|
basis versus 39 cents expected and their |
6.638 |
Jump to 25768.0 |
|
|
transaction base revenue was 263 million |
4.798 |
Jump to 25771.68 |
|
|
estimate of 269 million also monthly |
6.722 |
Jump to 25776.478 |
|
|
active users only 17.3 million or more |
5.198 |
Jump to 25779.52 |
CARDINAL
only 17.3 million
|
|
than two and a half million short of the |
4.24 |
Jump to 25783.2 |
|
|
wall street estimate of 19.9 million and |
4.882 |
Jump to 25784.718 |
|
|
they see first cr first quarter revenue |
4.4 |
Jump to 25789.6 |
|
|
below 340 million dollars the estimate |
3.72 |
Jump to 25791.68 |
MONEY
340 million dollars
|
|
447 million dollars that is a huge |
4.28 |
Jump to 25795.4 |
MONEY
447 million dollars
|
|
early on that only came in at 48 million |
4.88 |
Jump to 25803.52 |
|
|
of 55 million so no matter how you slice |
4.238 |
Jump to 25808.4 |
|
|
year-to-date basis this stock is down 34 |
6.08 |
Jump to 25815.92 |
|
|
but except for the first day here a slow |
4.56 |
Jump to 25823.52 |
|
|
united states circa 1976 it's there but |
5.76 |
Jump to 25854.798 |
|
|
that's right we got visa up two and a |
3.68 |
Jump to 26119.52 |
|
|
the numbers adjusted eps for the fourth |
4.482 |
Jump to 26126.718 |
|
|
quarter coming in at a dollar 81 that's |
4.642 |
Jump to 26128.798 |
|
|
versus estimates of a dollar seventy and |
4.0 |
Jump to 26131.2 |
|
|
step stat for them 2.97 trillion dollars |
6.24 |
Jump to 26135.2 |
MONEY
2.97 trillion dollars
|
|
the estimate was for lower 2.86 trillion |
4.402 |
Jump to 26138.638 |
|
|
20 percent versus estimates of 15 |
4.48 |
Jump to 26145.36 |
|
|
constant currency up 40 percent versus |
4.718 |
Jump to 26149.84 |
|
|
estimates of 26.5 percent so the |
3.92 |
Jump to 26152.16 |
|
|
than we thought during the fourth |
3.52 |
Jump to 26156.08 |
|
|
up 37 versus the estimates of 26.8 |
5.44 |
Jump to 26161.92 |
|
|
transactions those were 47.6 billion |
5.04 |
Jump to 26167.36 |
|
|
better than the estimate of 46.78 |
4.398 |
Jump to 26172.4 |
|
|
billion dollars finally net revenue came |
5.84 |
Jump to 26174.4 |
|
|
in at 7.06 billion dollars up 24 cents |
5.68 |
Jump to 26176.798 |
MONEY
7.06 billion dollars
|
|
your or 24 percent year over year and |
4.96 |
Jump to 26180.24 |
|
|
the estimate was for 6.8 billion dollars |
4.562 |
Jump to 26182.478 |
MONEY
6.8 billion dollars
|
|
nice to see these numbers so visa up two |
3.84 |
Jump to 26204.718 |
|
|
pressure over the last six months down |
3.84 |
Jump to 26210.958 |
|
|
about five percent year-to-date you can |
4.562 |
Jump to 26212.798 |
PERCENT
about five percent
|
|
see over the last six months down about |
4.802 |
Jump to 26214.798 |
|
|
18 percent over the last year still |
4.64 |
Jump to 26217.36 |
|
|
holding on to gains of about five |
4.958 |
Jump to 26219.6 |
|
|
expected fourth quarter results as |
4.24 |
Jump to 26230.718 |
|
|
revenue came in at more than 494 million |
4.96 |
Jump to 26232.16 |
MONEY
more than 494 million
|
|
so from from the beginning of uh 2021 |
6.482 |
Jump to 26256.878 |
DATE
the beginning of uh 2021
|
|
throughout 2020. |
4.24 |
Jump to 26270.478 |
|
|
summer of 2022 we're going to be flying |
4.558 |
Jump to 26340.32 |
|
|
middle of 2021 with |
5.038 |
Jump to 26383.76 |
|
|
one last thing too |
3.522 |
Jump to 26490.398 |
|
|
requirements are and you know one of the |
5.2 |
Jump to 26520.24 |
|
|
things we faced early in 2021 |
5.202 |
Jump to 26522.558 |
|
|
get to the end of 21 and into 22. |
6.4 |
Jump to 26621.92 |
|
|
apple on the back of the iphone 13. |
5.118 |
Jump to 26831.68 |
|
|
we're expecting revenue of 119 billion |
5.84 |
Jump to 26834.0 |
|
|
dollars that's up from 111 billion in |
6.16 |
Jump to 26836.798 |
|
|
the prior first quarter that's in 2020 |
5.6 |
Jump to 26839.84 |
DATE
the prior first quarter
|
|
uh 2021. excuse me uh earnings per share |
4.562 |
Jump to 26842.958 |
|
|
expected a dollar ninety versus a dollar |
4.4 |
Jump to 26845.44 |
|
|
sixty eight uh the all-important iphone |
4.24 |
Jump to 26847.52 |
|
|
revenue goes there uh 67.7 billion |
5.92 |
Jump to 26851.76 |
|
|
versus 65.5 billion in the same quarter |
5.042 |
Jump to 26854.478 |
|
|
14.1 billion versus 12.8 billion and |
6.32 |
Jump to 26859.52 |
|
|
services we're expected to see 18.6 |
5.68 |
Jump to 26862.798 |
|
|
billion and that's versus 12.8 billion |
4.48 |
Jump to 26865.84 |
|
|
sorry 15.7 billion a lot more people |
4.88 |
Jump to 26870.32 |
|
|
that the shortage had taken a six |
4.8 |
Jump to 26885.36 |
|
|
billion dollar bite out of their revenue |
3.198 |
Jump to 26887.68 |
|
|
sometime perhaps in 2023 so we'll be |
5.758 |
Jump to 26901.2 |
|
|
amy coney barrett it was about 30 days |
4.322 |
Jump to 26946.798 |
|
|
down though he'll be 83 years old and he |
4.642 |
Jump to 26960.558 |
|
|
for 28 years he was nominated by clinton |
6.8 |
Jump to 26965.2 |
|
|
back in 1994 and while technically his |
6.0 |
Jump to 26968.16 |
|
|
6-3 conservative majority there |
4.722 |
Jump to 27004.718 |
|
|
one theory is that because the court |
4.32 |
Jump to 27011.52 |
|
|
really core business issues it's one |
4.0 |
Jump to 27036.0 |
|
|
intends to nominate the first black |
4.478 |
Jump to 27113.92 |
|
|
so one that got punted into the next |
3.76 |
Jump to 27130.08 |
|
|
one of the most liberal justices on the |
4.238 |
Jump to 27206.16 |
|
|
13. we got my mom and iphone 13 in |
5.038 |
Jump to 27239.84 |
|
|
apple tim cook and company i mean at 1.3 |
4.642 |
Jump to 27244.878 |
|
|
trillion dollar market cap |
4.72 |
Jump to 27247.36 |
|
|
123.95 billion that's a cool 4 billion |
4.398 |
Jump to 27313.32 |
|
|
119.05 billion also up 11 percent year |
5.802 |
Jump to 27317.718 |
|
|
coming in at 2 and 10 cents versus the |
4.64 |
Jump to 27323.52 |
|
|
estimate of 1.90 and when you break out |
4.4 |
Jump to 27325.84 |
|
|
104.43 billion that's up nine percent |
4.92 |
Jump to 27331.478 |
|
|
handily beating the estimate of 99.3 |
4.398 |
Jump to 27334.16 |
|
|
billion five billion higher iphone |
5.522 |
Jump to 27336.398 |
|
|
revenue 71.6 nice beat there mac revenue |
5.84 |
Jump to 27338.558 |
|
|
10.8 5 billion smaller beat there |
5.36 |
Jump to 27341.92 |
|
|
ipad revenue 7.25 billion this is one of |
4.32 |
Jump to 27344.398 |
|
|
estimate of 8.11 billion that's down 14 |
5.842 |
Jump to 27350.398 |
|
|
and accessories that came in at 14.7 |
4.962 |
Jump to 27358.798 |
|
|
billion dollars and that is slightly |
3.16 |
Jump to 27361.92 |
|
|
14.16 billion and services revenue a |
4.12 |
Jump to 27365.08 |
|
|
19.52 billion up 24 year-over-year |
6.0 |
Jump to 27371.36 |
|
|
handily beating the estimate of 18.64 |
5.282 |
Jump to 27374.958 |
|
|
billion by about 9.9 billion dollars |
6.16 |
Jump to 27377.36 |
MONEY
about 9.9 billion dollars
|
|
greater china revenue 25.78 billion that |
4.558 |
Jump to 27380.24 |
|
|
is up 21 |
3.038 |
Jump to 27383.52 |
|
|
cash equivalents that came in at 37.12 |
5.0 |
Jump to 27388.16 |
|
|
billion the street was looking for |
4.32 |
Jump to 27391.2 |
|
|
47.59 billion so spending that cash a |
4.84 |
Jump to 27393.16 |
|
|
gross margin another number here 54.24 |
6.08 |
Jump to 27398.0 |
|
|
billion that is up 22 year-over-year so |
4.722 |
Jump to 27400.798 |
|
|
up two percent in after hours trading |
3.198 |
Jump to 27407.36 |
|
|
mega caps it is down 10 |
4.88 |
Jump to 27413.44 |
|
|
let's take a look at a one-year chart |
3.84 |
Jump to 27416.0 |
|
|
of about 12 but it's been kind of rocky |
4.08 |
Jump to 27419.84 |
|
|
revenue for apple at nearly 124 billion |
4.8 |
Jump to 27443.04 |
|
|
it hit them by about six billion in |
3.442 |
Jump to 27464.398 |
|
|
more than a six billion dollar impact in |
4.48 |
Jump to 27469.52 |
|
|
holding an iphone 8 here which is going |
4.482 |
Jump to 27494.878 |
|
|
replacement cycle before the 13 got |
5.042 |
Jump to 27500.798 |
|
|
all right so first off i almost fell out |
3.12 |
Jump to 27519.2 |
|
|
of my chair when you said iphone 8 so |
3.76 |
Jump to 27520.718 |
|
|
calendar 2022. so i do think it was |
5.84 |
Jump to 27531.28 |
|
|
upgrades in 5g networks from verizon |
4.32 |
Jump to 27537.12 |
|
|
think that unfortunately calendar 2022 |
4.558 |
Jump to 27548.16 |
|
|
as it nears that three trillion dollar |
3.282 |
Jump to 27576.398 |
MONEY
three trillion dollar
|
|
like the achievement of 2 trillion was |
5.038 |
Jump to 27581.84 |
|
|
on the excitement over 5g and that |
4.722 |
Jump to 27584.478 |
|
|
shares to 3 trillion was really placing |
4.8 |
Jump to 27591.12 |
|
|
one being apple's you know more |
4.56 |
Jump to 27597.68 |
|
|
reality and then second would apple ever |
4.72 |
Jump to 27607.04 |
|
|
one or both of those products to |
5.12 |
Jump to 27616.0 |
|
|
camera on the iphone 8 state of the art |
4.08 |
Jump to 27655.04 |
|
|
hopefully you got the big iphone 8 at |
3.04 |
Jump to 27659.2 |
|
|
going to be for the next year five years |
3.52 |
Jump to 27703.6 |
DATE
the next year five years
|
|
the december quarter had north of 20 |
4.642 |
Jump to 27718.558 |
DATE
the december quarter
|
|
uh as the 5g upgrade cycle accelerates |
4.48 |
Jump to 27728.478 |
|
|
out of 5g in china versus the u.s |
5.52 |
Jump to 27732.958 |
|
|
on the 5g network build out here so i do |
4.562 |
Jump to 27740.958 |
|
|
21 |
3.44 |
Jump to 27839.6 |
|
|
they were about three percent |
4.642 |
Jump to 28076.798 |
PERCENT
about three percent
|
|
last year on safety first so that's |
4.882 |
Jump to 28102.638 |
|
|
monthly active users down eight and a |
3.042 |
Jump to 28126.478 |
|
|
17.3 million and that did also miss |
4.878 |
Jump to 28129.52 |
|
|
first half of |
4.24 |
Jump to 28151.36 |
|
|
2021 they had |
3.96 |
Jump to 28153.16 |
|
|
really what happened in the first half |
2.962 |
Jump to 28164.638 |
|
|
fourth quarter |
2.798 |
Jump to 28167.6 |
|
|
super app among their 20 million users |
6.08 |
Jump to 28216.16 |
|
|
robinhood around 20 million users |
6.24 |
Jump to 28293.6 |
CARDINAL
around 20 million
|
|
venmo 80 million um cash app last |
5.202 |
Jump to 28296.398 |
|
|
disclosure 40 million so they're right |
4.32 |
Jump to 28299.84 |
|
|
been one that has really risen in |
5.12 |
Jump to 28350.32 |
|
|
well now 2020 was a very unusual year |
5.68 |
Jump to 28363.6 |
|
|
far negative in the 10 20 30 range so |
6.56 |
Jump to 28383.36 |
|
|
that in 2022. i think |
5.6 |
Jump to 28394.24 |
|
|
123.9 billion 95 billion uh the street |
7.4 |
Jump to 28436.36 |
MONEY
123.9 billion 95 billion
|
|
was expecting 119 uh billion so apple |
6.32 |
Jump to 28439.68 |
|
|
doing very well but still off that 3 |
4.56 |
Jump to 28443.76 |
|
|
trillion dollar market cap that we saw a |
5.84 |
Jump to 28446.0 |
|
|
deflator is of course one of the closely |
3.278 |
Jump to 28629.12 |
|
|
rise by 5.8 percent that would |
5.122 |
Jump to 28636.638 |
|
|
accelerate from the 5.7 increase that |
4.96 |
Jump to 28639.28 |
|
|
the fastest rate that we saw since 1982. |
5.2 |
Jump to 28644.24 |
|
|
estimate for 2022 by a few tenths of a |
4.0 |
Jump to 28659.12 |
|
|
logan's run you know the 17 1976 movie |
5.282 |
Jump to 28676.798 |
|
|
last day year of the city 2022 okay |
4.4 |
Jump to 28679.76 |
|
|
also caterpillar one thing to know about |
5.04 |
Jump to 28684.16 |
|
|
they were off about one percent but in |
3.198 |
Jump to 28689.2 |
PERCENT
about one percent
|
|
bell today apple of course being one of |
3.438 |
Jump to 28709.28 |
|
|
trading higher by about three percent in |
3.84 |
Jump to 28712.718 |
PERCENT
about three percent
|
|
revenue coming in at nearly 124 billion |
5.122 |
Jump to 28718.558 |
|
|
that stock is down more than nine |
3.76 |
Jump to 28738.24 |
|
|
in at 362.7 million versus the 371 |
5.92 |
Jump to 28743.84 |
|
|
million expected and monthly active |
4.24 |
Jump to 28747.68 |
|
|
finance will be back tomorrow at 9 a.m |
6.52 |
Jump to 28754.878 |
|
|