The Seaport 1 building in Manhattan, or the "Leaning Tower of New York," is an unfinished luxury condo building that slants three inches to the north. "It's shaped like a banana right now," an attorney argued in one of the two dozen lawsuits involving the building. Last week, the market ended down after President Donald Trump said he would be announcing reciprocal tariffs on "everyone" sometime this week. The S&P 500 fell 0.9% while the Nasdaq 100 was down over 1%. Every S&P 500 sector ETF declined on Friday but one (energy). The US's most-watched annual broadcast is over, but whether your team won or lost, you can win some bragging rights by tackling these quiz questions: Yesterday, more than a quarter of Americans: |
- Watched the Puppy Bowl
- Watched the Super Bowl with friends
- Ate buffalo wings while watching the Super Bowl
- Had some sort of bet placed on the results of the Super Bowl
|
|
|
Alphabet and Amazon reported earnings last week, and the big news was the even bigger numbers these two members of the Magnificent 7 are planning on spending on AI-related capital expenditures in 2025. On Tuesday, Alphabet promised a $75 billion pile of cash to spend on capex, but on Thursday, Amazon said, Alexa, hold my beer, because we're going to need both hands to shove $100 billion toward our AI future. |
- All in on AI: It's not just Alphabet and Amazon. At the start of the year, Microsoft's president wrote in a blog post that the company was on track to spend $80 billion on AI data centers in 2025. Then, Meta CEO Mark Zuckerberg said his company would spend up to $65 billion on capex, including a city-sized data center.
- In total, the four companies will spend over $315 billion in the service of AI. To put that number in context, with the US population hovering around 345 million, they could instead give every man, woman, and child nearly a thousand bucks each. Another way to look at it? That's more than the market cap of Coca-Cola, which happens to report earnings tomorrow.
|
|
| - Ease: TOPT is a one-ticker solution that gives investors exposure to the 20 largest U.S. companies.
- Diversified Sector Exposure1: TOPT holds some of the largest companies in the technology, consumer goods, communications, healthcare, and financial services sectors.
- Growth: Over the last 12 months, these companies have returned 45% and seen revenue growth of ~ 4%.2
|
|
|
- Ease: TOPT is a one-ticker solution that gives investors exposure to the 20 largest U.S. companies.
- Diversified Sector Exposure1: TOPT holds some of the largest companies in the technology, consumer goods, communications, healthcare, and financial services sectors.
- Growth: Over the last 12 months, these companies have returned 45% and seen revenue growth of ~ 4%.2
|
|
|
- Did Amazon finally surpass Walmart? For a long time, we've been monitoring a major metric: who rules the roost when it comes to generating revenue on the S&P 500. Walmart has been the undisputed leader, but Amazon's latest earnings look likely to finally take the crown. We won't know for sure until Walmart reports earnings on February 20, but analysts predict it's Amazon's time to reign. See the chart.
- Sometimes activist investor Bill Ackman revealed he has built an over $2 billion stake in Uber, which sent the stock soaring as his post was filled with praise: "Uber is one of the best managed and highest quality businesses in the world." It was a welcome bump after the company reported earnings that underwhelmed. This week, we'll get earnings from rival Lyft, who recently announced a partnership with Anthropic to integrate its Claude AI assistant.
|
The home of humble bragging is bagging billions for Microsoft and driving leads for smaller business owners. Here's how. |
|
|
Cinderella Meets Next-Gen Tech — Round Closing in Less than 48 Hours! |
|
| Cinderella Meets Next-Gen Tech — Round Closing in Less than 48 Hours! |
|
|
- Monday: Earnings expected from McDonald's, Lowe's, ON Semiconductors
- Tuesday: Earnings expected from Coca-Cola, DuPont, Humana, Marriott, DoorDash, Lyft, and Zillow
- Wednesday: January Consumer Price Index. Earnings expected from CME Group, Robinhood*, MGM Resorts, AppLovin, Reddit, Upwork, and HubSpot
- Thursday: January Producer Price Index. Earnings expected from Deere, PG&E, Crocs, CBRE Group, DraftKings, Coinbase, Airbnb, Roku, and Palo Alto Networks
- Friday: January Retail Sales. January Industrial Production. Earnings expected from Owens Corning, Cisco, and Moderna
|
|
|
*Robinhood Markets Inc. is the parent company of Sherwood Media, an independently operated media company. |
Advertiser's disclosures:
¹ The ETF is concentrated in 20 individual stocks that can cover up to 8 sectors. Holdings are subject to change. ² Source: S&P Global Indices for market cap as of Sept. 23, 2024. Past performance is no guarantee of future results. Visit www.iShares.com to view a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and consider carefully before investing. Investing involves risk, including possible loss of principal. Funds that concentrate investments in specific industries, sectors, markets or asset classes may underperform or be more volatile than other industries, sectors, markets or asset classes and the general securities market. The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, "BlackRock"). The iShares Funds are not sponsored, endorsed, issued, sold or promoted by S&P Dow Jones Indices LLC, nor does this company make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with S&P Dow Jones Indices LLC. iCRMH1124U/S-4003619 BLACKROCK and iSHARES are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners. 3 PWC Perspectives from the Global Entertainment & Media Outlook 2024–2028: Seizing growth opportunities in a dynamic ecosystem, July 2024. 4 Please read the offering circular and related risks at https://elflabs.com. This is a paid advertisement for Elf Labs's Regulation CF Offering. Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck. |
|
|
Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more |
|
|
|
