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]

Accessibility StatementSkip Navigation ALBEMARLE, N.C., Oct. 29, 2025 /PRNewswire/ -- Uwharrie Capital Corp (OTCQX: UWHR) and its subsidiary, Uwharrie Bank (the "Bank"), reported consolidated total assets of $1.22 billion at September 30, 2025, versus $1.13 billion at December 31, 2024. Net income for the nine-month period ended September 30, 2025, was $8.3 million versus $7.6 million for the same period in 2024. For the nine months ended September 30, 2025, net income available to common shareholders was $ ...

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]

I want to get your take. Nvidia crossing the5 trillion dollar mark partly on some bullish comments from the president. Also, they had their GTC conference yesterday.What does that say to you about the AI trade. >> Good morning, Frank. Uh it says it's certainly alive and well and uh there aren't a lot of concerns from investors.I mean, AI has been a tailwind and it's continuing to power the market and Nvidia is certainly right at the center of that if they as they've continued to make deals with a number of ...

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 ...

Financial Data and Key Metrics Changes - The company reported consolidated net revenues of $2.9 billion and adjusted EBITDA of $884 million for Q3 2025, with hold-normalized EBITDA at $927 million [5][6] - Regional EBITDA grew 4% on a hold-normalized basis during the quarter, while Las Vegas segment reported same-store adjusted EBITDA of $379 million [7][8] - The company redeemed $546 million of senior notes and repurchased $100 million of stock during the quarter, with a total of nearly $400 million repurchased since mid-2024 [14] Business Line Data and Key Metrics Changes - The Digital segment generated net revenue of $311 million and adjusted EBITDA of $28 million, with hold-normalized adjusted EBITDA at $40 million [10][11] - The Las Vegas segment faced a decline in occupancy to 92% from 97% last year, with ADR decreasing by 5% due to weaker city-wide visitation [7][8] - The Digital segment saw a 29% net revenue growth in iCasino, driven by increased volume and average monthly active users [11] Market Data and Key Metrics Changes - Regional revenues increased year-over-year, particularly in Danville and New Orleans, contributing to the overall growth in the regional segment [7][8] - The Las Vegas market experienced a soft summer, with occupancy down about 5 percentage points, impacting overall performance [15][18] - The company noted that the group room night mix is expected to increase to 17% in Q4, indicating a recovery in group business [7][8] Company Strategy and Development Direction - The company is focused on reinvesting in its assets, with recent CapEx projects exceeding return expectations, including new attractions and renovations in Las Vegas [8][9] - Management emphasized the importance of refining marketing strategies to enhance customer engagement and drive returns on investments [9][19] - The company aims to achieve 20% top-line growth with 50% flow-through to EBITDA, maintaining a strong outlook for the Digital segment [12][13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in the Las Vegas market due to softer leisure demand but expressed optimism for recovery in Q4 and beyond [15][18] - The company is monitoring the regulatory environment regarding prediction markets and is prepared to adapt its strategy as needed [60][62] - Management highlighted the importance of customer experience and service quality as key drivers of success in a competitive landscape [9][19] Other Important Information - The company is on track to complete phase two of the master plan at Caesars Republic Lake Tahoe by mid-2026, indicating ongoing investment in regional properties [9] - The company plans to continue using its strong free cash flow for debt reduction and stock repurchases, maintaining a balanced approach [14][20] Q&A Session Summary Question: Insights on Las Vegas leisure demand recovery - Management noted that leisure demand is improving, with group activity helping to compress rates better than in Q3 [22][24] Question: Regional performance and promotional strategies - Management expects improved flow-through from marketing strategies as they refine their approach and focus on effective promotions [25][27] Question: Future outlook for Las Vegas - Management indicated that the key question for 2026 is whether leisure demand will continue to recover or stall [45][46] Question: Digital segment performance and customer acquisition - Management acknowledged the impact of game outcomes on performance and emphasized the importance of customer acquisition strategies moving forward [48][49] Question: Regulatory environment and prediction markets - Management is closely monitoring the regulatory landscape and is prepared to adapt to changes regarding prediction markets [71][72] Question: Impact of city ad campaigns on demand - Management confirmed that recent ad campaigns were effective in stimulating demand and indicated ongoing efforts to promote value in Las Vegas [75][76] Question: M&A activity and asset sales - Management stated they are open to discussions regarding M&A opportunities but are not actively marketing any Vegas assets [78][79] Question: Operational expenses and budgeting for 2026 - Management highlighted labor as a key focus area for optimization as they budget for the upcoming year [82][83]