Stock Talk With CK

  MongoDB, Inc. ($MDB) Earnings and Opinion: MongoDB is a company in the Technology sector and operates in the Software-Infrastructure industry. The company provides a general purpose database platform worldwide. MongoDB was incorporated in 2007 and is currently headquartered in New York, New York. The company made its debut on the stock market in 2017. MongoDB Earnings Results: Revenues of $304M beating expectations of $283M Gross Profit of $223M beating expectations of $206M Operating Income of -$12M beating expectations of -$16M Adjusted EPS of -$0.23 beating expectations of -$0.27 Guidance was mixed compared to estimates Opinion: MongoDB is currently sliding a little over 8% after hours, after the company reported earnings after the market closed this afternoon. The company beat all of their estimates for the previous quarter, but it's the guidance that is causing the stock to fall after hours. The company credits the volatility currently happening in the global economy and the...

HP Inc. ($HPQ) Earnings and Opinion: HP is a company in the Technology sector and operates in the Computer Hardware industry. The company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and Internationally. HP was founded in 1939 and is currently headquartered in Palo Alto, California. The company was first traded on the stock market in 1957. HP Earnings Results: Revenues of $14.66B missing expectations of $15.6B Operating Profit of $1.39B beating expectations of $1.36B Adjusted EPS of $1.04 in line with expectations of $1.04 Free Cash Flow of $300M missing expectations of $1.3B EPS Guidance missed for both Q3 and FY Opinion: HP is currently moving over 5% lower, after reporting earnings after the closing bell today. The company had a mixed earnings report, but a lot of this lies on the acquisition they just picked up. HP agreed to acquire Plantronics, Inc. ($POLY) this week. Thi...

  Chewy, Inc. ($CHWY) Earnings and Opinion: Chewy is a company in the Consumer Cyclical sector and operates in the Internet Retail industry. The company engages in the pure play e-commerce business in the United States. Chewy was founded in 2010 and is currently headquartered in Dania Beach, Florida. The company made its debut on the stock market in June of 2019. Chewy Earnings Results: Revenues of $2.43B missing expectations of $2.45B Gross Profit of $683M beating expectations of $659M Adjusted EBITDA of $83M beating expectations of of $14M EPS of $0.05 beating expectations of -$0.10 Cash from operations of $49M missing expectations of $101M Revenue guidance missed estimates for both Q3 and FY Opinion: Chewy is currently falling by more than 10%, after they reported earnings after the closing bell. The company had a mixed earnings report with Topline misses. The thing that sticks out is the profit metrics. The EPS were positive, while expectations still had it in the negative. Als...

  CrowdStrike Holdings, Inc. ($CRWD) Earnings and Opinion: CrowdStrike is a company in the Technology sector and operates in the Software-Infrastructure industry. The company provides cloud-delivered protection against endpoints and cloud workloads, identity, and data. CrowdStrike was incorporated in 2011 and is currently headquartered in Austin, Texas. The company made its debut on the stock market in June of 2019. CrowdStrike Earnings Results: Revenues of $535M beating expectations of $516M Operating Income of $87M beating expectations of $73M Adjusted EPS of $0.36 beating expectations of $0.28 Guidance beat estimates, except for Q3 FY 23 Operating Margin Opinion: CrowdStrike has not found a direction after reporting earning after the closing bell this afternoon. The company had a solid earnings reports and also had some pretty good guidance. They missed on deferred revenue, but it was a tiny miss. The Operating Margin guidance was also a very slim miss. Overall, investors have t...

  Best Buy Co., Inc. ($BBY) Earnings and Opinion: Best Buy is a company in the Consumer Cyclical sector and operates in the Specialty Retail industry. The company retails technology products in the United States and Canada. Best Buy was incorporated in 1966 and is currently headquartered in Richfield, Minnesota. The company made its debut on the stock market in 1985. Best Buy Earnings Results: Revenues of $10.33B beating expectations of $10.29B Gross Profit of $2.29B beating expectations of $2.27B Operating Income of $427M beating expectations of $381M Adjusted EPS of $1.54 beating expectations of $1.29 Operating Margin guidance of 4.0% missing expectations of $4.1% Opinion: Best Buy traded a tiny bit higher during todays trading session, after reporting earnings before the market opened this morning. The stock failed to gain direction after the earnings report, as it was a solid earnings report, the retail sector has been slammed pretty hard in recent weeks. An interesting fact ab...

Baidu, Inc. ($BIDU) Earnings and Opinion: Baidu is a company in the Communication Services sector and operates in the Internet Content and Information industry. The company offers internet services in China. Baidu was incorporated in 2000 and is currently headquartered in Beijing, China. The company made its debut on the stock market in September of 2005. Baidu Earnings Results (Metrics are in ¥): Revenues of ¥29.65B beating expectations of ¥29.41B Operating Profit of ¥5.49B beating expectations of ¥3.3B EBITDA of ¥7.71B beating expectations of ¥5.47B EPS of ¥15.79 beating expectations of ¥10.65 Opinion: Baidu declined during todays trading session, after reporting earnings before the market opened this morning. This report was very similar to Pinduoduo's earnings report yesterday. The companies both operate in China, however Baidu reported user metrics, whereas Pinduoduo didn't. The earnings report looked very solid for Baidu, but this didn't dictate a rise in the stock. I...

  Pinduoduo Inc. ($PDD) Earnings and Opinion: Pinduoduo is a company in the Consumer Cyclical sector and operates in the Internet Retail industry. The company operates an e-commerce platform in China. Pinduoduo was incorporated in 2015 and is currently headquartered in Shanghai, China. The company made its debut on the stock market in July of 2018. Pinduoduo Earnings Results (Metrics in Yen): Revenues of ¥31.44B beating expectations of ¥23.63B Gross Profit of ¥23.48B beating expectations of ¥16.53B Operating Income of ¥8.7B beating expectations of ¥4.36B EPADS of ¥7.54 beating expectations of ¥2.75 Opinion: Pinduoduo is currently moving higher in todays trading session after reporting earnings before the market opened this morning. The company looks to have killed earnings and beat expectations by some very wide margins. This is all pretty controversial right now though, there has been some issues between the China businesses issued on the US stock exchanges. The new audit agreemen...