Over the past three months, one of the leaders of growth in the S&P 500 index has been the renewable energy industry (Independent Power and Renewable Electricity Producers) +25.4%. Some of the largest (by market capitalization) companies in this industry are: Vistra ($54.7B), which has 41 gigawatts of generation capacity from nuclear, coal, gas and solar power, as well as one of the world's largest utility-scale battery storage projects, and NRG Energy ($20.1B), one of the largest retail electricity suppliers in the US with 6 million customers.

Last week, 3 companies from the S&P 500 index reported. Today, we are going to look at the results of Delta Air Lines. Its revenue amounted to $15.5B. It grew by +3.1% compared to the corresponding value for the previous quarter and exceeded analysts' expectations by +9.6%. Let's analyze the company's business in more detail.

Over the past 3 months, the S&P 500 Index has grown by +0.5%. However, Consumer Discretionary (+17.2%) та Communication Services (+10.1%) sectors performed better. Among the industries, the best performers over the period were Automobiles (+58%), and Passenger Airlines (+39%).

Starting on a high note with Nvidia CEO Jensen Huang’s address, the first full trading week after the holiday break reaffirmed the main investment themes: inflation, interest rates, and AI. Meanwhile, the so-called “Trump trade,” tied to Trump’s election-driven changes, appears to be losing momentum. This is a quick review from Ivan Kompan, Edinburgh Business School analyst.

Over the past 3 months, the S&P 500 Index has grown by +4.2%. However, Consumer Discretionary (+21.9%) та Communication Services (+10.5%) sectors performed better. Among the industries, the best performers over the period were Automobiles (+65%), and Passenger Airlines (+34%).

Over the past 3 months, the S&P 500 Index has grown by +4.1%. However, Consumer Discretionary (+20.0%) та Communication Services (+12.0%) sectors performed better. Among the industries, the best performers over the period were Automobiles (+61%), and Passenger Airlines (+33%).

Over the past three months, one of the top performers in the S&P 500 index has been the Entertainment sector (+25.0%). Some of the largest companies in this industry (by market capitalization): Live Nation Entertainment ($30.7B) - the world's largest live entertainment company, which has offices in 45 countries and operates 373 stages and entertainment venues and Warner Bros. Discovery ($25.7B), formed in 2022 by the merger of WarnerMedia and Discovery Communications, owns such entertainment media as CNN, TNT, TBS, Discovery and HBO.

Last week, 16 companies from the S&P 500 index reported. Today, we are going to analyze the results of Micron Technology. Its revenue amounted to $8.7B. It grew by +15.9% compared to the corresponding value for the previous quarter and confirmed analysts' expectations. Let's analyze the company's business in more detail.

Over the past 3 months, the S&P 500 Index has grown by +3.7%. However, Consumer Discretionary (+20.0%) та Communication Services (+12.2%) sectors performed better. Among the industries, the best performers over the period were Automobiles (+62%), and Passenger Airlines (+40%).

The year is almost over and it has been a successful one for the markets: The S&P 500 rose by 23%, which is twice the average. The main drivers of growth were the prospect of a Fed rate cut and the development of artificial intelligence. Inflation was declining, the Fed was sticking to its plans, and talk of AI only increased confidence in its importance for the future. At the same time, the macroeconomic situation deteriorated at the end of the year. This is a quick review from Ivan Kompan, Edinburgh Business School analyst.