00:07futures mixed and flattish here on thursday morning post nvidia earnings s p futures up
00:150.03 and these are up off the morning lows dow futures up 0.17 they're actually leading the way
00:22higher today so far and the nasdaq slightly negative down 0.07 so all of these pretty near flat
00:30but at least pointing to an open the nasdaq recently moved down it looks like nvidia is
00:35still figuring out what price it wants to have in the pre-market here and that is no doubt
00:39leading to it now let's take a look at some cues from last session information technology and
00:45financial stocks closed the session higher on wednesday though most s p 500 sectors ended
00:51negatively with consumer staples real estate and industrials each ending lower what's interesting
00:57about that is that the information technology actually traded up into the invert into the
01:02nvidia print one of the things that we've seen is that stocks that trade up into their print
01:07actually have more of a propensity to trade back down uh nonetheless u.s stock futures were swinging
01:14between gains and losses on thursday after advancing on wednesday futures of the major benchmark indices
01:19were mixed and indeed are still mixed turning to the upcoming economic releases market participants
01:26will evaluate the report on weekly unemployment claims that is scheduled for today this will be
01:32followed by the publication of january's producer price index data tomorrow meanwhile the 10-year treasury
01:39bond yielded 4.05 and the two-year bond was at 3.47 we're really kind of hanging out in
01:45the same
01:45area here with not a whole lot of change and the same is true for the cme feds watch tool
01:50we've actually
01:50priced in a 98 likelihood that the fed holds interest rates unchanged at their next meeting in march this
01:58is what we've anticipated since before the last meeting uh frankly so nice to see that that is
02:03continuing here and our predictions were correct and in line now we have several stocks in focus
02:09here for you today you didn't think nvidia was not going to be on this list did you of course
02:13nvidia is the first stock on this list and it was up 1.28 after reporting better than expected fourth
02:19quarter financial results and issuing first quarter sales guidance above estimates we're going to dive
02:24into this report but the headline numbers for this report are as follows the q4 adjusted eps with 162
02:30beat the 153 estimate and the sales of 68.127 billion beat the estimate of 66.003 billion we had
02:39said
02:39going into this print that we expected a good number and indeed that's what we got they also
02:44saw q1 sales of 76.44 billion to 79.56 billion that was versed the 71.93 billion estimate so
02:53that's
02:53a bump there they also said the outlook for q1 gap and non-gap gross margins are expected to be
02:5974.9 and
03:0175 respectively plus or minus 50 bips now this is interesting to me because we actually talked a lot
03:08about this on happy hour yesterday you would expect that variance to be a little bit higher when the
03:14gross margins are this high a 50 bips variance that's something more in line for like a 15 gross
03:22margin we're looking at 75 percent i think that variant should be a little bit higher we'll see if
03:28any uh data comes out from the conference call or from analysts that kind of address that number
03:35the next stock on our list is going to be sales force ticker on this one is crm that dropped
03:413.94
03:42despite of upbeat earnings as its future estimates fell short of wall street estimates sas apocalypse
03:49looks like it continues sales force q4 adjusted eps of 381 beat the 304 estimate nice beat there
03:57sales of 11.201 billion beat the estimate of 11.175 billion sales force sees q1 gap eps of 177
04:06to 179
04:07that was versed the 179 estimate so in line actually slightly lower sales force sees full year 2027 gap
04:14eps of 785 to 793 that was versed the 837 estimate so the guide clearly coming in soft there and
04:21that is
04:21responsible for crm trading down the next stock on our list is the trade desk this is ticker ttd
04:29and this has been a show favorite because of the way that it moves but boy oh boy recently it's
04:34only
04:34been moving in one direction and that is down it tumbled 16.69 as it issued disappointing first quarter
04:41guidance the company said it expects first quarter revenue uh to be more than 678 million that was
04:48compared to the 689.4 million estimate so that's actually a little bit light too q4 our trade desk
04:55q4 adjusted eps of 59 cent slightly beat the 58 cent estimate and sales of 846.79 million did in
05:03fact beat
05:04the 840.16 million estimate also say q1 revenue is expected to be more than 678 million again versus
05:12that 689.6 million estimate not great trade desk lower next stock we have on our list is going to
05:19be
05:19dell technologies and the ticker on this one is dell it was 0.38 percent lower as analysts expected to
05:26post earnings of 353 per share on revenue of 31.75 billion and that report comes after the close today
05:35the next stock on our list is driven brands holdings ticker on this one is drvn and it fell
05:425.09 after the company called off its earnings release citing material errors and financial
05:49statements for fiscal years 2023 and 2024 if you followed the smci saga you know that this is
05:57bad news for drvn that might absolutely be a stock to watch here today
06:12the internet is going to be a stock to watch here today
06:12so
Comments