Over the past 3 months, the S&P 500 Index has grown by +9.9%. However, Information Technology (+19.6%) та Real Estate (+14.7%) sectors performed better. Among the industries, the best performers over the period were Automobiles (+52%), and Technology Hardware, Storage & Peripherals (+32%). Among the companies, the best performers over the period were Tesla (+59%), Teradyne (+46%) and Corning (+43%).
The start of the week was exciting. The attempted assassination of Trump has boosted investor enthusiasm, with indices rising and cryptocurrencies booming. The S&P 500 and Nasdaq were joined by the Dow Jones in setting a new record of over 40,000. Good quarterly results from Goldman Sachs, BlackRock, and Morgan Stanley showed that life on Wall Street is getting busier and more profitable, adding to the market's optimism. This is a quick review from Ivan Kompan, Edinburgh Business School analyst.
Over the past three months, the Semiconductors & Semiconductor Equipment industry (+28.7%) has been one of the growth leaders in the S&P 500 index. Some of the largest companies in this industry (by market capitalization) are: Broadcom ($791.6B) and Advanced Micro Device ($293.5B). They are both engaged in the development and production of semiconductors.
Today, we'll talk about Globe Life (GL), which has been a growth leader over the past 3 months. Over the past three months, Globe Life shares have risen by +74.9%. At the same time, the financial sector, to which the company belongs, grew by +4.5%, and the S&P 500 index grew by +8.1%. As you can see, Globe Life shares show better returns than the sector average.
Last week, 8 companies from the S&P 500 index reported. Today, we will consider the results of Delta Air Lines. Its revenue amounted to $16.6B. It grew by +2.0% compared to the corresponding value for the previous quarter and exceeded analysts' expectations by +7.8%. Let's analyze the company's business in more detail.
Over the past 3 months, the S&P 500 Index has grown by +8.1%. However, Information Technology (+18.6%) та Utilities (+11.5%) sectors performed better. Among the industries, the best performers over the period were Automobiles (+37%), and Technology Hardware, Storage & Peripherals (+30%). Among the companies, the best performers over the period were Globe Life (+74%), Teradyne (+42%) and Nvidia (+42%).
It was a week of relentless records and crazy temptation, when you want to take another step, even a small one, forward, to a new peak, but you can't help but think that in an instant everything can turn into a rapid fall, when you will have neither the strength nor the time to jump out of the stream of the same record holders flying sideways at a great speed. This is a quick review from Ivan Kompan, Edinburgh Business School analyst.
Over the past three months, the Interactive Media & Services industry (+17.7%) has been one of the top growth leaders in the S&P 500 index. Some of the largest (by market capitalization) companies in this industry are: Alphabet ($2.30T), a holding company that includes the Internet media giant Google, and Meta ($1.29T), the world's largest social network with almost 4 billion active users.
Today, we'll talk about Tesla (TSLA), which has been a growth leader over the past 3 months. Over the past three months, Tesla shares have risen by +22.3%. At the same time, the consumer staples sector, to which the company belongs, grew by +8.0%, and the S&P 500 index rose by +8.1%. As you can see, Tesla shares show better returns than the sector average.
Last week, 2 companies from the S&P 500 index reported. Today, we're going to look at the results of Constellation Brands, which reported $2.6B in revenue. It grew by +1.5% compared to the corresponding value for the previous quarter, but did not exceed analysts' expectations by -0.2%. Let's analyze the company's business in more detail.
