) have pulled back from their all-time highs, with the Dow snapping its four-day winning streak.
And the NASA, the one of the major averages in the green here today, but very, very slightly in the green.So that tells you again, just another way of slicing and dicing it.Small caps, by the way were also under performing.On the downside here, you had energy, we had oil pulling back a little bit. We're gonna talk more about that power demand behind data centers a little bit later this hour, Josh, thank you, Julie the Dow and S and P 500 pulling back from all time highs the Dow staffing a four day winning streak and joining us now is Drew, Pettitte City us equity strategist Drew always good to see you.Drew month to date, uh returns actually bucking, you know, so far the month traditionally, you know, disappointing performance track record.
But again, coming back to this idea of where we are in the earnings cycle for tech, you say we are looking at slowing sales growth.Yeah, that's so this is really interesting talk about uh a market of stocks and how all of their fundamentals have been very different.It's hard to keep that up forever. You offset some of the good growth and tax policies from either candidate with some other questionable policies on the economic front.Yeah.
Now, the last time this company reported it did report numbers that beat estimates, but we still saw the shares fall, but then they've been falling, they were up a little bit today.It is, you know, the largest us maker of memory chips and its chips go into so many important end markets to that.So smartphones, P CS Autos data centers um certainly questions on the call, you know, more color um from the CEO about what end demand does look like in those markets now.
This stock is soaring about 11% in the after hours, Dan, but give us, give us your initial response, Dan, what did you make of the print? Because, you know, we talk a lot about the HB MS, but most of what Mike sells is not that it's other types of, of memory for other uses.A good question, Julie, because if you look at their core markets, which is data center, smartphone, PC, smartphone and P CS aren't doing that great, right?
So let me ask you again because the conference call, you know, starting shortly here, you know, let's say you had the chance to ask Cio Sanjay Marro a co a question or two.It's all gonna be how much of an effect. So with these new chips coming out and the momentum continuing to gain, everyone's gonna be trying to create a mosaic.There's some people that think that we'll do $2 in incremental earnings in physical year 25 all based on HBM.Like NVIDIA did back in that quarter last spring when they had that huge splash with that huge A I number and their data server segment.
So we own vista and constellation on that power generation side, we own companies like Vertiv that are providing power management and cooling management inside the data centers themselves. We're getting a big batch of that commentary tomorrow throughout the day for multiple fed officials including Fed chair, Jerome Powell and Fed Governor Michelle Bowman.
Gave us more insight into the health of the consumer that'll do it for today's market domination over time. SAN ANTONIO, September 25, 2024--Ozona CCS LLC today announced it has reached a definitive agreement with a subsidiary of Marubeni Corporation to form a joint venture to pursue carbon capture and sequestration opportunities in the Eagleford Basin in South Texas. The joint venture is developing a project to sequester CO2 in the Eagleford Basin through the cooperation of the Ozona and Marubeni teams.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »