ORACLE $ORCL: We now expect fiscal 2026 CapEx will be about 15 billion higher than we forecasted after Q1.
Source: Wall St Engine @wallstengine
S&P 500 profit margins rose to 13.6% in the 3rd quarter, their highest level in history.
Source: Charlie Bilello
🚨 In case you missed it...
JPMorgan cracked nearly 5% yesterday after the bank told investors that it will spend billions of dollars more in expenses ...
In case you missed it...
Alphabet $GOOGL and Nvidia $NVDA are now the only 2 Magnificent 7 stocks that are outperforming the S&P 500 this year Source: Barchart
Consumer confidence down, stock market up
A K-shaped economy captured in one chart. (via Bianco Research thru HolgerZ)
When the Fed cuts interest rates within 2% of stock market all-time highs, the S&P 500 has gone on to finish higher over the next 12 months 20 out of 20 times (100% hit rate) 🚨🚨🚨
Note however that the market reaction in the 3 to 6 months is mixed Source: Carson, Barchart
U.S. Equity Risk Premium is now negative 🚨
On a risk-adjusted basis, stocks offer zero return for investors 👀 Source: Bloomberg, Barchart
Great chart from Ryan Detrick thru Eugene Ng on X
The top 10 stocks account for ~39% of the US stock market. But many more countries are far higher, China ~49%, Australia 62%, Taiwan 76%, and even Singapore is ~88%.
