Last week once again has demonstrated the fearlessness of today's investors. No matter what happens in the markets, no matter what data is released, and no matter what warnings are issued by regulators, none of this stops investors from wanting to buy a share of a happy future, no matter how much it costs. This is a quick review from Ivan Kompan, Edinburgh Business School analyst.
As we noted in the last week's issue, over the past three months, one of the leaders of growth in the S&P 500 index has been the Electrical Equipment industry (+21%). The largest (by market capitalization) companies in this industry: Eaton ($109.0B) and Emerson Electric ($58.5B). Both of them develop software and equipment for industrial sectors and utilities
Last week, 107 companies from the S&P 500 index have already reported for the quarter ended December 31, 2023. Wynn Resorts showed the best results. Its revenue amounted to $1.8B. It increased by +8.5% compared to the corresponding value for the previous quarter. Let's analyze the company's business in more detail.
Over the past 3 months, the S&P 500 Index has grown by +14%. However,Communication services (+20%) та Information Technology (+19%) sectors performed better. Among the industries, the best performers over the period were Semiconductors & Semiconductor Equipment (+41%), and Consumer Finance (+36%). Among the companies, the growth leaders were: Catalent (+66%), Enphase (+59%) and Palo Alto Networks (+56%)
Today, we're going to talk about Microsoft, which showed one of the best results among the companies that published financial statements last week. Microsoft published its latest report on January 30. 31% of the revenue structure is made up of manufacturing costs and 69% of gross revenue. Over the past quarter, the company made a profit of $21B. And its market capitalization is now $3T.
The corporate reporting period for Q4 2023 is ongoing. Over the past week, 102 companies from the S&P 500 index have already reported for the quarter ended December 31, 2023. Meta Platforms showed the best results. Its revenue is $40.1B. It grew by +6.2% compared to the corresponding value for the previous quarter. Let's analyze the company's business in more detail.
Over the past 3 months, the S&P 500 Index has grown by +16%. However,Communication services (+22%) та Information Technology (+22%) sectors performed better. Among the industries, the best performers over the period were Semiconductors & Semiconductor Equipment (+42%), and Consumer Finance (+38%). Among the companies, the growth leaders were: Catalent (+69%), Advanced Micro Devices (+64%), and Expedia Group (+61%).
As we noted in the last week's issue, one of the leaders of growth in the S&P 500 index over the past three months has been the Passenger Airlines industry (+27%). The largest companies in this industry (by market capitalization): Delta Air Lines ($25B), a leader in international transportation operating in 60 countries, and Southwest Airlines ($18B), the world's largest low-cost airline by passenger numbers.
The Corporate Reporting Period For Q4 2023 Continues. Over the past week, 73 companies from the S&P 500 index have already reported for the quarter ended December 31, 2023. Las Vegas Sands demonstrated the best results with $2.9B in revenue. Its revenue grew by +20.9% compared to 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 +16%. However, Information Technology (+24%) та Communication services (+22%) sectors performed better. Among the industries, the best performers over the period were Consumer Finance (+42%), and Semiconductors & Semiconductor Equipment (+41%). Among the companies, the growth leaders were: Advanced Micro Devices (+84%), FirstSource Builders (+59%), and Expedia Group (+58%).
