Streetbeat News

Earnings

FOR

Forestar Group is set to benefit from a residential housing shortage and favorable interest rates, leading to increased demand for residential lots and land sales. The company reported a 22% increase in net income for FY'24, supported by strategic market expansion and strong financials.

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December 14, 2024 | 12:30 pm

XOM

ExxonMobil plans to generate an additional $30 billion in annual cash flow by 2030, reinforcing its position as a leader in the oil industry. The company has already achieved industry-leading earnings, cash flow, and shareholder returns in the recent quarter.

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December 14, 2024 | 11:45 am

F

Ford Motor Company is facing multiple challenges, including struggling sales in China, higher production costs, and significant warranty costs affecting profits. Additionally, Ford has delayed $12 billion in EV developments due to losses in its model-e division.

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December 14, 2024 | 10:00 am

ORCL

Oracle shares fell after the company missed analyst estimates and provided lackluster guidance for its fiscal 2025 second-quarter results. Despite a strong year due to its cloud infrastructure business, the recent performance has raised concerns.

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December 14, 2024 | 9:30 am

AVGO

Broadcom's Q4 earnings report revealed a strong performance with a 51% revenue growth and robust free cash flow, driven by AI spending. The company announced a partnership with Apple to develop custom AI server chips, raised its dividend by 11%, and provided strong revenue guidance for Q1 FY 2025.

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December 14, 2024 | 9:15 am

AI

C3.ai reported its latest quarterly results, leading to volatile stock movements. The stock initially surged in after-hours trading but opened lower the next day. The company raised its guidance, indicating positive momentum in the AI sector.

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December 14, 2024 | 9:00 am

ORCL

Oracle's stock has seen an 80% increase this year, but its rally paused after fiscal 2025 Q2 results missed Wall Street expectations.

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December 14, 2024 | 8:45 am

DG

DLTR

Dollar store chains, including Dollar General and Dollar Tree, have faced challenges in 2024 as higher-earning households shift to Walmart for cost savings. This trend impacts their core customer base, which lacks similar downgrade options.

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December 14, 2024 | 8:30 am

VDE

The article discusses the potential of VDE and energy stocks as strategic assets for 2025, highlighting VDE's lower yield compared to iShares MSCI Global Energy Producer but cheaper expense ratio. VDE's P/E is significantly lower than the S&P 500, with earnings growth expected to turn positive in 2025 amid rising global GDP and energy demand.

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December 14, 2024 | 8:15 am

MTH

Meritage Homes Corporation is rated as a buy due to strong earnings growth prospects and favorable macro conditions, such as tight housing supply and high mortgage rates. The company's strategy of offering quick, move-in ready homes with a 60-day closing guarantee is well-suited to current market demands. Potential risks include tighter regulations on home financing and supply chain pressures.

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December 14, 2024 | 6:45 am