Core Insights - The final trading week of 2025 is approaching, with significant earnings reports and economic data expected to be released [1] - Key companies reporting earnings include Nike, BlackBerry, Conagra, CarMax, Darden Restaurants, FedEx, KB Home, Lennar, Micron Technology, and Paychex [2] Economic Data Schedule - The week begins on December 15 with the Empire State manufacturing survey and home builder confidence index [3] - December 16 will feature the U.S. unemployment rate, hourly wages, retail sales, and S&P flash services and manufacturing PMI readings, along with business inventories [3] - On December 18, weekly jobs data, blanket CPI, core CPI, and the Philadelphia Fed manufacturing survey will be released [3] - December 19 will include existing home sales and the final consumer sentiment reading for December [4]

Group 1 - The Federal Open Market Committee is anticipated to announce a quarter-point interest-rate cut [1] - Earnings reports are expected from companies such as Toll Brothers, AutoZone, and Campbell's [1]

Group 1 - Canadian financial institutions, including Toronto Dominion Bank, Bank of Montreal, and Canadian Imperial Bank of Commerce, are highlighted in the reports released on Thursday morning [1] - Next Wednesday, technology giant Adobe Inc. is scheduled to report its financial results [1] - The week will conclude with significant market players Broadcom Inc. and Costco Wholesale Corporation reporting after market close next Thursday [1]

Core Insights - The first week of the year features a comprehensive schedule of earnings reports and economic data [1] Earnings Reports - A variety of companies are expected to release their earnings, providing insights into their financial performance and market conditions [1] Economic Data - Key economic indicators will be released, which may influence market trends and investor sentiment [1]

In the meantime, stocks are wrapping up a turbulent November. Joining us today, Dan Greenhouse, chief strategist at Solless Alternative Asset Management. Dan, happy Friday.Good to see you. >> You too, sir. >> Sounds like you think the midmon AI freakout may be behind us.>> It looks that way. Listen, again, admittedly, there was a lot of nervousness about the amount of capex spending on the part of the of the large hyperscalers, but I keep coming back to the earnings reports themselves. You have most recentl ...

Though next week is shortened due to the Thanksgiving holiday, there is still plenty for investors to unpack. On the earnings front, Abercrombie & Fitch (ANF), Best Buy (BBY), Dell (DELL), Dick's Sporting Goods (DKS), HP (HPQ), Kohl's (KSS), Nio (NIO), Petco Health & Wellness (WOOF), Urban Outfitters (URBN), Zscaler (ZS), are some of the companies reporting toward the beginning of the week. Below is the schedule of key market events for the week ahead. Please note that some data may be delayed or unavailabl ...

Stock investors are looking at a handful of key things as they try to recover from a losing week. Nvidia's earnings will be a key focus as investors assess the health of the AI trade. Traders are also trying to assess the outlook for Fed rate cuts heading into 2026. The stock market is kicking off a busy week of earnings and long-awaited economic data. Investors are taking in a slew of important data points as they try to recover from another week of volatile trading. All three major indexes ended ...

Market Overview - The four major averages have returned to negative territory after a brief bounce, with technology stocks lagging behind as high-flying stocks experience a pullback [1] - There is concern that a sentiment shift away from tech could drag down the entire market, although underperforming stocks may not decline as significantly [2] Investment Strategy - A strategy suggested is to consider buying the equal-weighted S&P 500, as the current index is heavily concentrated in a few high-performing stocks, specifically the MAG 7, which constitutes 25-30% of the index [4] - There are still companies trading at reasonable multiples that offer safety and good dividends, indicating a cautious approach is advisable [6] Earnings Insights - Upcoming earnings reports are expected to provide clarity on the long-term strength of the consumer and the economy, making it a significant day for earnings [3][9] - Companies like DraftKings, Airbnb, and others are anticipated to reveal insights into consumer spending patterns, which are crucial for understanding economic health [8][9] Federal Reserve Messaging - The Federal Reserve's recent communications indicate a focus on adjusting rates to find the right level rather than easing or stimulating the economy [7][8] - The market's reaction to the Fed's messaging has been negative, reflecting uncertainty about future rate adjustments [7]

Core Insights - American States Water Company (AWR) reported third-quarter 2025 operating earnings per share (EPS) of $1.06, exceeding the Zacks Consensus Estimate of $1.01 by 4.95%, and up from 95 cents in the same quarter last year [1][10] AWR's Total Revenues - Total operating revenues reached $182.72 million, surpassing the Zacks Consensus Estimate of $178 million by 2.65%, and reflecting a 12.9% increase from $161.78 million in the prior-year period [2][10] Highlights of AWR's Q3 Release - Operating expenses totaled $121 million, a 13.4% increase from $106.7 million in the year-ago quarter, driven by higher costs in water purchases, power purchases for resale, administrative expenses, maintenance, and ASUS construction [3] - Operating income was $61.7 million, up 11.9% from $55.1 million in the corresponding period of 2024 [3][10] Interest Expenses and Income - Interest expenses amounted to $11.7 million, down 13.4% year over year due to decreased average borrowing levels and interest rates, despite a decline in interest income from regulatory assets [4] - Interest income totaled $1.1 million compared to $1.7 million in the year-ago quarter [4] Regulatory Approvals and Growth - AWR's regulated water utility received CPUC approval to provide water services to a new planned community, expected to serve up to 3,800 customer connections over the next five years, with potential for 17,500 total dwelling units at full buildout over 20+ years [5] Segmental Details - Earnings from the Water segment were 86 cents per share, up 2.38% from 84 cents a year ago, attributed to new CPUC-authorized rate increases effective January 1, 2025 [6] - EPS from the Electric segment was 4 cents, an increase of 2 cents from the previous year, driven by higher revenues from new rates implemented in 2025 [7] - EPS from the Contracted Services segment was 19 cents, up 8 cents from the year-ago quarter [7] Financial Update - As of September 30, 2025, cash and cash equivalents totaled $26.1 million, down from $26.7 million as of December 31, 2024 [11] - Long-term debt amounted to $790.3 million compared to $640.4 million as of December 31, 2024 [11] - Cash provided by operating activities in the first nine months of 2025 totaled $202.1 million, up from $134.2 million in the year-ago period [11] Guidance - AWR's regulated utilities are authorized to spend nearly $650 million in capital investments, targeting to invest $180 to $210 million in 2025 [12] - The contracted services business is expected to contribute 59 cents to 63 cents per share for the whole year [12] Zacks Rank - American States Water currently holds a Zacks Rank 2 (Buy) [13]

Market Overview - U.S. markets opened with slight changes: Dow increased by 0.05%, Russell 2000 decreased by 0.03%, S&P 500 decreased by 0.05%, and Nasdaq saw a decline of 0.24% [2] Pre-Market Movers - Brighthouse Financial surged by 26.6% following the announcement of its acquisition by Aquarian Capital at $70 per share [3] - Other notable gainers included Penumbra (+16%), Coherent (+14.5%), and Datadog (+12.2%) due to positive earnings reactions [3] Earnings Losers - Dentsply Sirona experienced a significant drop of 14.6% following negative earnings reactions, along with ACADIA Healthcare (-13%) and DoorDash (-12%) [4] - CarMax fell by 11.4% after CEO Bill Nash announced his unexpected departure, with David McCreight set to replace him [5] - Hubspot and Celsius both dropped by 11.6%, while Fortinet decreased by 10.9% due to disappointing earnings [4] Market Sentiment - U.S. stock futures were modestly higher after a rebound on Wednesday, with Russell 2000 gaining 1.53% and large-cap indexes like Nasdaq Composite (+0.65%), Dow (+0.48%), and S&P 500 (+0.37%) also showing positive movements [6] - The market's positive recovery was influenced by the Supreme Court's handling of Trump's tariffs, which elicited varied reactions [7]