Uh but we have more earnings to bring you. Starbucks results are out. Kate Rogers has those numbers.Hi Kate. Hey Morgan. So the stock a little bit higher here as you can see by more than one and a half%.A mixed fourth quarter for Starbucks. Uh EPS a miss here. 52 cents adjusted versus estimates of 56 cents.Revenues though would beat 9.6% billion for the quarter versus the 9.35% billion estimated. And that's even with the labor investments that the company is making right now. Comps turning positive globally ...

Yeah, John, we see uh shares dropping here despite some beats on the top and bottom line and on Azure cloud growth. EPS was a beat at 40 $4.13%. Street wanted to see $367.Revenue here a beat as well. 77.67% billion. Street was looking for 75.33% billion.And Azure cloud growth again another beat here uh 40% growth year-over-year compared to expectations of 38.2% uh percent. We're seeing shares drop here about four and a half percent. I'm going to keep digging through and find out what's going on and I'll be ...

The Investment Committee debates a massive market day — with Nvidia becoming the first five-trillion-dollar company, Alphabet, Meta, and Microsoft reporting after hours, and a Fed decision dropping later today. ...

I know it seems hard to believe, but there's a lot more going on besides tech. So, we'll do that. Well, I was going to start with KLA and Service Now.All right. You know what. Let's start with Burke.Okay. There there's a lot going on outside of the mega caps. How about that.>> KA JT, they report their earnings today after the bell. >> They do. Um, we're going to hear obviously the restrictions with China wafer fat market.There's been an improvement in the rhetoric. I think that's going to lend itself positi ...

Market Outlook & Investment Strategy - Markets are near record highs and have been on an upward trajectory since post "liberation day" lows [1] - Seasonal factors suggest a potentially strong market run between now and Thanksgiving [2][5] - A substantial amount of money market cash, almost $4 trillion, remains on the sidelines, presenting both opportunity and risk [4] - Investors' unease and the "wall of worry" can sometimes drive markets higher [6] - Sticking with winning tech stocks is a viable strategy, but periodic profit-taking and volatility should be expected [8] Economic Indicators & Fed Policy - The market anticipates the Fed will likely hedge its bets due to incomplete economic data, potentially leading to another rate cut this year [9] - Recent CPI data was encouraging, rising as expected but less than anticipated [10] - Private data from companies like Blackstones, credit card companies (Visa), and Bookingcom provides valuable insights [11][12] Earnings Season & Company Performance - The current earnings season has been impressive, with strong margin stories [3] - Companies have been running more resilient, leaner, and meaner, potentially due to tariffs [3] - Earnings are coming in very strongly, with 87% beating on earnings and 83% on revenues, exceeding the 5 and 10-year averages [9]

Core Viewpoint - Uwharrie Capital Corp and its subsidiary, Uwharrie Bank, reported growth in total assets and net income for the nine-month period ending September 30, 2025, indicating a positive financial trajectory. Financial Performance - Consolidated total assets increased to $1.22 billion as of September 30, 2025, up from $1.13 billion at December 31, 2024 [1] - Net income for the nine-month period ended September 30, 2025, was $8.3 million, compared to $7.6 million for the same period in 2024 [2] - Net income available to common shareholders for the nine months ended September 30, 2025, was $7.8 million, or $1.08 per share, compared to $7.2 million, or $0.97 per share, for the same period in 2024 [2] - For the three-month period ended September 30, 2025, net income was $2.9 million, slightly down from $3.0 million for the same period in 2024 [3] - Net income available to common shareholders for the three months ended September 30, 2025, was $2.7 million, or $0.38 per share, compared to $2.9 million, or $0.39 per share, for the same period in 2024 [3] Dividend Declaration - The Board of Directors declared a 3% stock dividend to be paid to common stock shareholders on December 1, 2025 [4] - Shareholders as of the record date November 10, 2025, will receive the dividend electronically via book-entry, with no stock certificates issued [5]

Core Insights - Flowserve's stock surged 25.1% despite mixed earnings report, with earnings per share (EPS) of $0.90 exceeding analyst expectations of $0.80, while sales fell slightly below $1.2 billion [1][5] Financial Performance - Year-over-year sales growth was only 3.6%, with a backlog increase of 4% and new order bookings rising just 0.8%, indicating potential future sales slowdown [3] - Aftermarket parts bookings increased by 6%, and bookings for power equipment surged by 23%, highlighting strong segments within the business [3] - Operating profit margin decreased to 6.7%, but gross margin improved by 90 basis points [3] - GAAP earnings were reported at $1.67 per share, tripling last year's Q3 profit, contrasting with the non-GAAP figure of $0.90 [4][6] Valuation Metrics - Flowserve's stock is currently priced at 19.2 times trailing earnings and has a price-to-free cash flow ratio of 13.8x, indicating it is attractively valued [6] - Analysts project nearly 20% annual earnings growth over the next five years, suggesting potential for stock appreciation [6]

Company Performance & Outlook - Eli Lilly's earnings are expected to increase by 75% this year and another 35% next year [4] - Howmet Aerospace's earnings are projected to grow by 335% this year and 184% next year [7] - MasTec's earnings are expected to rise by 60% this year and 231% next year [12] - Western Digital's earnings are projected to increase by 353% this year and another 217% next year [13] - Exxon Mobil's earnings are expected to decline by 182% due to weaker oil prices and weak chemicals [16] Valuation & Market Dynamics - Eli Lilly's PE ratio has decreased to 36 times, making it more attractive [5] - Howmet Aerospace has a PE ratio of 55, which is considered stretched [8] - MasTec is trading at 336 times earnings [12] - Western Digital has a PE ratio of 19, considered fairly cheap with its earnings growth [14] - Exxon Mobil is trading at 17 times earnings [18] Key Factors & Industry Trends - The pharmaceutical industry, particularly Eli Lilly, faces uncertainties regarding potential tariffs and manufacturing relocation to the US [3] - The success of Eli Lilly's weight loss drug pill and its pricing strategy are key factors to watch [3][4] - MasTec benefits from government spending and construction activities, including new manufacturing facilities [11] - Western Digital's data storage business is experiencing a resurgence [13] - Exxon Mobil's performance is heavily dependent on crude oil prices and the chemical sector's performance [17]

AI & Market Performance - AI is a significant tailwind powering the market, with Nvidia at the center, driving transformational changes [2] - Nvidia's market cap potentially hitting $5 trillion is a key indicator of the AI trade's strength [1][4] - The market's all-time highs are partly attributed to Nvidia's performance and the broader AI trend [2] Market Concentration & Risks - Market breadth is narrow, with few stocks driving indices higher, raising concerns about concentration [3] - Concentration is in companies with strong balance sheets, cash flows, and capital expenditures, differentiating it from the dot-com bubble [4] - Earnings from the "Magnificent Seven" (Mag 7) are crucial, as they constitute a quarter of the S&P 500's market cap [6] - High earnings expectations for the Mag 7 (around 14%) could lead to market volatility if not met [6] Investment Strategy & Economic Outlook - Maintaining portfolio diversification is crucial due to potential market volatility [10] - Taking profits in stocks up 50-100% in the last 6 months is advisable for diversification [11] - The labor market appears stable based on ADP payrolls, but widespread layoffs would be a concern [12][13]

Investors are finding plenty of reasons to be happy, as earnings, deals and trade talks have helped send stocks to records https://t.co/07ZBZxwzuX ...