Magnificent 7
The Magnificent 7 will be in focus, with results from Apple, Tesla, Microsoft, and Meta due out soon.
Beyond Big Tech
This week, key earnings reports from Comcast and Intel will show if the turnaround is underway.
Aerospace and Defense
RTX topped Q4 estimates, Reporting 9% revenue growth to $21.6 billion and a19% increase in earnings EPS to $1.54 (adjusted).
Lockheed Martin fell after missing earnings. Revenue eased to $18.62 billion, marking three quarters of declining sales growth and earnings of $2.22 per share.
Lockheed Martin guided 2025 earnings between $27 and $27.30 per share. The company forecasts net sales range from $73.75 billion to $74.75 billion.
Caterpillar Reports Earnings
Industrial giant Caterpillar reports fourth-quarter 2024 results on Jan. 30, before the opening bell. Revenues are estimated at $16.64 billion, suggesting a 2.5% year-over-year decline.
ASX200 Trade Table
Our ASX200 Trade Table isup 50% over the last 2 years. The table below shows the current holdings.
Zoom
Zoom Video Communications, Inc. – Class A Common is under Algo Engine buy conditions. We recommend accumulating the stock within the current price range.
Zoom is estimated to report earnings on 24/02
Intel Q4 Earnings
Intel Corporation – Common is scheduled to report Q4 earnings on 30 Jan. Consensus estimates suggest $13.83 billion and $0.12 per share earnings.
Oracle Corporation
Oracle Corporation Common is rated a buy with the stop loss at $152.42
3M Company
3M Company Common is under Algo Engine buy conditions.
3M reported fourth-quarter earnings that beat expectations, adjusted profit of $1.68 per share, versus a consensus of $1.66 per share. Adjusted revenue of $5.81 billion came in above estimates of $5.78 billion. The results were boosted by higher sales of industrial adhesives, tapes, and electronics.
US 10YR
Bond yields pushing higher is causing risk-off in equities.
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