Qualcomm
ASX:QCOM has a forward revenue growth of 8% with EPS projected to grow 13% in 2025
PayPal
PayPal Holdings, Inc. – Common is under Algo Engine buy conditions. PayPal generated $8.4B in revenue in Q4’24, operating income was $1.5B, +2% year-over-year.
PayPal reported strong Q4 earnings, showing growth in active accounts, free cash flow, and operating income margins, and the board approved a $15B stock buyback authorization.
PayPal is trading at 14x P/E.
Guidance FY25: PayPal expects up to 10% year-over-year growth and an adjusted EPS range of $4.95-5.10 per-share.
Semiconductor ETF
Invesco PHLX Semiconductor is under Algo Engine buy conditions.
AI technologies and datacenter buildouts
Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and datacenter buildouts in 2025. That’s up from $230 billion in 2024.
Amazon offered the most ambitious spending initiative, aiming to spend over $100 billion.
Amazon is under Algo Engine sell conditions, and we’ll examine the stock more closely following a price retracement back toward $200.
Shopify
Shopify Inc. Class A Subordinate Voting is under Algo Engine buy conditions.
The Q4 2024 results showed revenue growth of 31% year-over-year to $2.81 billion, which beat consensus. The company reported a net income of $1.29 billion compared to $657 million a year ago, and adjusted net income was $458 million compared to $337 million a year ago.
P/E of 92x makes this an expensive growth stock.
Alphabet
NAS: GOOG is under Algo Engine buy conditions.
Google Search accounted for 56% of revenue, with 12.5% YoY growth; YouTube grew by 14%, and Cloud by 30%. Other bets showed 7.8% YoY growth. Alphabet trades at 21 x earnings against the NASDAQ 100 at 28 x EPS.
US Earnings
Monday, February 10 – McDonald’s, Vertex Pharmaceuticals, Arch Capital Group, ORIX, and ON Semiconductor.
Tuesday, February 11 – Coca-Cola, S&P Global, Shopify, Gilead Sciences, and BP.
Wednesday, February 12 – Cisco Systems, AppLovin, Equinix, CME Group, CVS Health, and Williams.
Thursday, February 13 – Unilever, Applied Materials, Sony, Deere, and Coinbase Global.
Friday, February 14 – NatWest, Ameren, and Moderna.
Tesla
S&P500 & Market Direction
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US Earnings
Monday, February 3 – Palantir Technologies, NXP Semiconductors, IDEXX Laboratories, Tyson Foods, and Clorox.
Tuesday, February 4 – Alphabet, Merck, PepsiCo, Advanced Micro Devices, and Amgen.
Wednesday, February 5 – Novo Nordisk, Walt Disney, Qualcomm, Arm Holdings, and Uber Technologies.
Thursday, February 6 – Eli Lilly, Linde, Honeywell International, ConocoPhillips, Neurocrine Biosciences, and Bristol-Myers Squibb.
February 7 – Fortive, Cboe Global Markets, Banco Bradesco, and Kimco Realty.
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