Coffee Chat with Jake

So, I was hanging out with my buddy Jake the other day, grabbing a coffee. Jake's this total finance nerd, always talking about the stock market and stuff. We ended up chatting about Eli Lilly's latest earnings report, which had just come out.

Impressive Revenue Growth

Jake was stoked about the report! Eli Lilly absolutely crushed it this quarter, with sales jumping a crazy 36%. Their big-name drugs like Mounjaro, Zepbound, and Verzenio were killing it. It wasn't just a little win – everyone in finance was talking about it.

A Milestone in Alzheimer's Treatment

The coolest thing in the whole report was that they got approval for Kisunla to treat Alzheimer's. It's a huge deal for everyone, not just Eli Lilly. Jake's grandma had Alzheimer's, so he was super pumped about it. It gave him hope for other families going through the same thing.

Bold Revenue Guidance

But it wasn't just about the numbers and new drugs. Eli Lilly also raised their full-year revenue guidance by $3 billion, which is a pretty bold move. It shows their confidence in the continued growth and success of their products. Jake and I joked about how we wished we could raise our own "revenue guidance" by a few billion dollars!

Earnings Per Share Soar

The earnings per share (EPS) also saw a significant increase, jumping 68% to $3.28 on a reported basis. This kind of growth is impressive and speaks volumes about the company's strategic direction and execution.

Indianapolis, IN – April 30, 2024, Eli Lilly just released its Q1 earnings report, and things are looking good! Summary of the main points:

Profits on the Rise: They made more money per share than analysts expected (that's good!). This was true for both their regular earnings and a special adjusted version that accounts for some extra costs.
Revenue Up Big Time: Overall sales jumped 26% compared to last year. A big reason for this is their new weight-loss drug Mounjaro, which is apparently super popular. Other meds like Zepbound, Verzenio, and Jardiance also did well.
The outlook is bright: Eli Lilly is feeling confident and has raised its forecast for how much revenue it will earn for the remainder of the year.

What's Driving the Growth?

Eli Lilly's strong performance can be attributed to several factors:

New meds in the works: They've got a bunch of promising new drugs on the way that look really effective for different diseases. This means more money coming in down the line!
Going global: Eli Lilly sells more drugs in other countries, helping them make more money.
Smart shopping: Other migraine brands are being acquired, resulting in an even larger selection of products for sale.

Challenges Ahead

Despite the positive results, Eli Lilly faces challenges:

Drug Battle Royale: The pharmaceutical industry is super competitive, so Eli Lilly has to fight hard for market share.
The Rules of the Game: Changes in government regulations and how much drugs cost could hurt their profits down the line.

In Conclusion

Eli Lilly's earnings report this quarter was basically a gold medal performance for investors. The company is feeling good about the future, and for good reason! Here's the scoop:

Stock Party: Investors were so hyped they drove the stock price up almost 8% before the market even opened!
Sales on Fire: Revenue jumped a whopping 26% thanks to their new weight-loss drug, Mounjaro, which is apparently a mega-hit. Other drugs like Zepbound, Verzenio, and Jardiance did great too.

When it comes to tech darlings, NVIDIA (NVDA) has shown over the part year that it is one of the top companies. So, when their earnings dropped on February 21st, it wasn't exactly a shocker. More like a victory lap with fireworks.

Nvidia Revenue

Numbers that would make a quant blush: $22.1 billion in revenue? They clearly beat expectations surprising most analysts and causing the whole market to move higher. And the company came out with new guidance for next quarter that is also very strong.

Wall Street's out there with their measly projections, and NVIDIA's saying, "Amateurs."

Now, the market, bless its collective heart, went bonkers.

The move higher in the market was not entirely based on Nvidia performance. It's a bellwether, people. See, NVIDIA isn't just pushing bits, they're pushing the boundaries of AI. And in a world obsessed with artificial intelligence, their performance is like reading the entrails of the tech industry.

More Earnings

And guess what? The entrails look good. AMD, Super Micro, even Palantir – they all hitched a ride on NVIDIA's rocket ship. It's like a rising tide lifting all the AI boats (though some, admittedly, leakier than others).

But there's a fly in the ointment, or should I say, a chip shortage in the fab. Demand for NVIDIA's latest goodies is through the roof, hotter than a blockchain in Miami. Supply, on the other hand? Not so forthcoming. It's a classic case of too many gamers and not enough graphics cards.

And let's not forget the data center bonanza. Revenue there went supernova, exploding 409% year-over-year. That's like finding a Bitcoin mine in your basement (not that I'd know anything about that).

So, what's the takeaway? Continue to watch NVIDIA stock over the next quarter. They're a chipmaker but they are also a harbinger of the future, shaping the digital landscape. And as for the market tremors?

Let's say they're feeling the aftershocks of a tech giant in overdrive. The AI revolution is just getting started. P.S. Don't expect me to quote myself. I leave the theatrics to the analysts.

Alright, let's spice up this earnings preview with some Wall Street flair! Buckle up, folks, because the streaming giant Netflix is about to hit the earnings runway tomorrow, and analysts are betting it'll stick the landing in style.

First things first: new subscribers. Analysts are chomping at the bit to see if Netflix can snag another 9 million viewers, but whispers on the wind hint at a possible double-digit touchdown. Could this be the quarter that cracks the 10 million mark? And if so, will it be fueled by the buzz around their new ad tier or those not-so-secret password crackdown plans?

Speaking of the ad tier, eyes are peeled to see how this baby shakes out. Can it inject a fresh boost of revenue without alienating the core subscriber base? It's a delicate dance, folks, but Netflix has a history of fancy footwork. Plus, with more money in their pants pockets, the company has some fire to create more content.

Of course, Wall Street wouldn't be what it is without some numbers to look at. Analysts are predicting earnings per share of $2.21, and Netflix themselves are eyeing an 11% revenue bump to $8.7 billion. They've even cranked up the profit margin dial, aiming for a full-year 20% operating margin – a sweet upgrade from the previous 18%-20% estimate.

Now, let's talk Netflix stock. This bad boy has been on a tear lately, leading the charge among the FAANG family. But hold your horses, cowboys and cowgirls – tomorrow's report could send it bucking higher, or leave it flat on its hooves. So, buckle up tight, keep your trading charts handy, and prepare for a wild ride after the closing bell.

The longest ever bull market run has now been reached with the S&P 500 reaching a new high this afternoon. The market index reached 2873.23, a new high for the overall top 500 companies traded on the American markets. This bull run is now over 3400 days old.I have personally been holding Direxion Daily S&P500 Bull 3X ETF (SPXL) for a couple of years in retirement accounts. They have performed well and at this time are have been much more successful than cryptocurrencies that I hold at Coinbase.

GDP Now

The market is looking at stronger overall growth as illustrated by the GDP Now forecast and the past GDP report. The Atlanta Federal Reserve board is now forecasting 4.3 percent growth in the US for the upcoming third quarter. For the second quarter GDP was reported at 4.1 percent up from a revised 2.2 percent in the first quarter. The next GDP Now forecast comes out on Friday.

Current shares of stock in Cirrus Logic have seen recent surges as high as 7.5 percent, which has exceeded expectations after the company's newly released fancy ear buds have grown in popularity. This type of digital technology is expected to be paired more and more with future releases of Apple devices, and this supplier is also on track to keep supplying more audio chips to the tech giant.

Throughout 2016, the stock value of Cirrus Logic has grown by 94 percent; the trend is so far projected to continue into 2017. Among all the other companies in the Philadelphia Semiconductor Index, Cirrus is the third best performer on Wall Street so far.

With Apple's discontinuation of the standard headphone jack in the iPhone 7, the Cirrus audio chips are now standard in each set of headphones shipped with these new devices. Future releases of headphones from Apple will have even more sophisticated versions of this digital technology.

The Alibaba group held their annual shareholder's group last Thursday. Every year at the meeting the executive chairman, Jack Ma, issues a letter to the members of the company. This year the letter was filled with confidence and hope for the future.

The funding group aims to serve 20% of the world's population over the next two decades. The company is aimed at funding and aiding profitable companies all over the world. Ma's goal is to create 100 million jobs worldwide over the next 20 years.

These lofty goals aren't exactly out of character for the executive director. Ma had very humble beginnings in China s a teacher. He then developed his online commerce company into a worldwide leader. The company has a value of almost $250 million today.

CEO Jack Dorsey is attempting to turn around Twitter but the latest quarter result, released Tuesday night, is no indication that will happen anytime soon. First quarter 2016 advertising revenue came in softer than anticipated. Analyst were hoping for $608 million in revenue but the company only produced $595 million. Shares tumbled after hours last night and opened up down 16% were they stayed all day (closing at $14.86), even as the overall market climbed in the afternoon.

Twitter added 5 million new users during the quarter, although Twitter is famous for having more fake accounts created than real accounts. The company also stated that 310 million users are active each month. The is an improvement over user sign-ups and activity from prior quarters. The popular social media site ranks second in media attention behind only Facebook.

H and R Block shares have come down 21% in the last month after a disappointing third quarter caused a mass exodus by investors from the stock. However, we believe that fourth quarter earnings could turn H and R Block stock around and potentially offer up a significant opportunity for the savvy investor.

Though the third quarter is traditionally low performing for H and R Block, this year's loss was greater than expected. Revenue declined to $475 million, far lower than the expected $502 million. The third quarter loss amounted to $79 million, a significant increase from the $37 million third quarter loss experienced in 2015. In its third quarter results, the company also noted that they have experienced their fourth consecutive year of declining volume.

After the closing bell last night, Overstock reported their third quarter and the stock fell 6%. Last year the company made $1.6 million in the quarter but lost $2.1 million this year scaring investors. Revenue was strong but that wasn’t enough to offset the lose. Revenues came in 11% higher at $401.6 million.