00:00All right, we're staring at a rally here Friday morning ahead of the open S&P futures up 0.43%
00:15and the Dow futures also up 0.43%. NASDAQ leading the way higher plus 0.52%. Let's take a look at
00:25some cues from last session here. Consumer discretionary materials and information
00:30technology stocks recorded the biggest losses on Thursday, while consumer staples and utilities
00:35bucked the trend to close higher. Meanwhile, President Trump announced the launch of his
00:42new website aimed at bringing down drug prices. We'll talk about that a little bit more here in a
00:47bit. The website will offer consumers access to more affordable prescription medications.
00:52The January jobs report, which was scheduled to be released today, will be delayed to next week
00:57on Wednesday following the partial government shutdown at the beginning of the week. The 10-year
01:02treasury bond yielded 4.2% and the two-year bond was at 3.48%. The CME Group's Fed watch tool
01:09projections show the market's pricing in an 81.3% likelihood of the Federal Reserve holding rates at
01:15the next meeting in March. Notably, this is about a 10% drop from the last time we checked in on that.
01:21My thoughts are that we still hold rates. This might jostle around a little bit,
01:27but at 81% here, I think it's still pretty clear that there's not going to be a change at the next
01:32meeting. Now, we have several stocks in focus here for you today, and I bet you can guess all of them.
01:38The first one is going to be Amazon, ticker AMZN. It dropped 8.39% in the pre-market after reporting
01:45mixed fourth quarter financial results on Thursday. Really quick, those results, Q4 EPS of
01:50195 missed the 197 estimate. Sales of 213.38 billion beat the estimate of 211.30 billion,
02:01so beat on sales missed by one penny on the EPS. Amazon sees Q1 sales of 173.5 to 178.5 billion.
02:10That was versus the 175.52 billion. Amazon also announced a ton of CapEx spending.
02:19The next stock on our list here is going to be Reddit. That's ticker RDDT, and that jumped 11.22%
02:26after announcing better-than-expected fourth quarter financial results and issuing a strong
02:31sales forecast for the first quarter. Those numbers for Reddit, EPS of 124 beat the 95-cent
02:37estimate. Nice beat there. Sales of 725.6 million beat the estimate of 665.4 million. Another nice
02:46beat there. And Reddit sees Q1 sales of 595 to 605 million. That was versus the estimate of 577. So
02:54beat on the top, beat on the bottom, and a guide raise. Reddit higher here this morning.
03:00The next stock on our list, and I can't wait to get the group's opinion on this one here today.
03:04Next stock on our list here today is going to be Strategy, and that's ticker MSTR. We affectionately
03:09call this stock Mr. sometimes, which we picked up from Red Dog. That jumped 6.98% following a sharp
03:16decline on Thursday after it reported fourth quarter revenue in EPS results that beat the analyst
03:21estimates. Now, MicroStrategy saw a Q4 adjusted EPS of 1637, which beat the estimate of 1096. Big beat
03:29there. Sales of 122.989 million beat the estimate of 118.478 million. Now, with all that being said,
03:39this is obviously linked to Bitcoin, and Bitcoin got absolutely pounded yesterday, trading down to a
03:46low of 60,500 before rebounding. Quick check-in on Bitcoin here. 66, actually, I beg your pardon,
03:52just ticked up there. 67,020 on the futures ticker there for Bitcoin. So watch that if you're going
04:00to trade a strategy here today. The next stock on our list is going to be Affirm Holdings. This is
04:04ticker AFRM, and it surged 0.35% after exceeding market expectations by reporting quarterly earnings
04:11of $0.37 per share on $1.12 billion in revenue, while simultaneously announcing a new partnership to
04:18provide transparent hardware financing for Virgin Media 02. Affirm, by the way, also sees Q3 sales of
04:27$970 to $1 billion. That was versus the $979 estimate. And it raises the full-year sales guidance
04:33from $3.99 to $4.08 to $4.14. So nice report there for Affirm. This actually kind of ties into PayPal,
04:44which we've been looking at earlier this week here. It definitely seems like these buy now,
04:48paylaters are a little bit ahead of PayPal, and the earnings reaction couldn't be more different.
04:53The next stock on our list here, and in fact, the last stock on our list for today is going to be
04:57Roblox. This is ticker RBLX, and that surged 14.41% after the company released its fourth quarter
05:05earnings report, which beat estimates across most metrics. A couple of stats here for Roblox for you.
05:12EPS was a 45-cent loss. That was actually in line. Sales of $2.22 billion beat the estimate of $2.049
05:20billion. Roblox sees Q1 sales of $1.69 to $1.74 billion. That's versus the estimate of $1.67 billion.
05:29And Roblox also sees full-year 26 sales $8.28 billion to $8.55 billion versus the estimate of $7.8 billion.
05:42And Roblox, and Roblox, and Roblox, and Roblox.
Comments