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Showing posts from August, 2023

Weekly Earnings Review: August 21, 2023- August 25, 2023

      Earnings season is officially winding down. This week will be an easy week, as I only have 2 holdings reporting earnings. The 2 companies reside in the technology sector and one of them has been the talk of 2023. It will be interesting to see how these companies do. I will assess the quarters and dive briefly into hot topics printed on the earnings release. Wednesday, August 23, 2023 NVIDIA Corporation (NVDA)-     NVIDIA saw a major gain after reporting earnings. This would all fall down on the face of the earth in Thursday's trading session as the stock saw minimal gains. This company was probably the most watched earnings report of the earnings season. NVIDIA saw significant beats on both the top and bottom line in comparison to analysts expectations. The growth is astonishing as the company has seen AI demand take off. The new computing era is beginning with accelerated computing and generative AI platforms. NVIDIA makes a special chip that a lot of companies are feigning

Weekly Earnings Review: August 14, 2023- August 18, 2023

      As earnings season winds down, the length of my report will get gradually shorter. However, on the bright side, I will be able to go a little bit more in depth on the earnings report. This week brings us 4 of my holdings that will report earnings, and two of them are major players in the retail area. A controversial semiconductor play that is a high risk stock will be 3rd. Lastly, I will report on a company that is located in the Netherlands.  Tuesday, August 15, 2023 Home Depot, Inc. (HD)-      Home Depot saw a pretty flat trading session after the company reported earnings. The company beat on both top and bottom line compared to analysts expectations. It looks some headwinds loom for the business as the company has seen slowing growth ever since the pandemic boom of home remodeling. It was noted that the strength was in the smaller projects and that pressure was felt in the big-ticket items. Home Depot initiated a $15 billion stock buyback plan and they kept the outlook for th

Weekly Earnings Review: August 7, 2023- August 11, 2023

      Hey guys! I apologize for not being as active during this past earnings season. I was finishing up my last semester of undergrad and the last couple of weeks ate my lunch. I'm jumping back onto this ship during the latter half of the earnings season. I will be reviewing all of my companies that reported earnings this week. I'm going to try and stay a little bit more active, but future posts may be similar to this one (lots of information crammed into one post). Thank you for continuing to read these posts and I hope my opinion can allow you to gain some insight.  Tuesday, August 8th, 2023 United Parcel Service, Inc. (UPS)-     UPS beat expectations on the bottom line, but had a slight miss on the top line. The company is undergoing a lot of publicity with the new deal that was struck with the teamsters union. The CEO recently came out and said that a driver at the company would make $170,000 in salary and benefits. This blew up the media and has caused memes to appear eve