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  • JPMorgan Stock Strengthens Ahead Of Results; Netflix, TSMC Also Set To

    From Leroy N. Soetoro@21:1/5 to All on Thu Jul 17 01:08:00 2025
    XPost: misc.invest.stocks, alt.politics.economics, sac.politics
    XPost: alt.politics.republicans, talk.politics.guns

    https://www.investors.com/research/earnings-preview/jpmorgan-jpm-stock- netflix-taiwan-semiconductor-tsmc-earnings/

    JPMorgan (JPM), a member of Investor's Business Daily's Leaderboard model portfolio, headlines a busy agenda of financial earnings reports for the
    coming week. Other high-profile financial stocks on the earnings calendar include Wells Fargo (WFC), Citigroup (C), Goldman Sachs (GS), Morgan
    Stanley (MS) and Bank of America (BAC).

    Outside of the financial sector, strong performers like Netflix (NFLX) and Taiwan Semiconductor (TSM), better known as TSMC, are also set to report. Results from Netflix will be out Thursday after the close.

    Netflix was in the early stages of breaking out of a double-bottom base
    when the streaming giant reported first-quarter results in mid-April. The company beat earnings estimates by nearly 16% with profit of $6.61 a
    share. Revenue was mostly in line with expectations, up 13% to $10.5
    billion. The results were helped by higher subscription revenue and strong
    ad sales.

    In late January, Netflix increased prices across the board, lifting its
    premium plan to $24.99 a month, its standard plan to $17.99 and its ad- supported plan to $7.99. The March-ended quarter was the first where
    Netflix did not disclose quarterly subscriber data as the company focuses
    on revenue and operating margin.

    Netflix said it will still announce "major subscriber milestones" when
    they're hit. For the second quarter, analysts polled by FactSet call for adjusted profit of $7.07 a share, up 45% from the year-ago period. Revenue growth is expected to accelerate from the first quarter, rising 16% to $11 billion.

    Elsewhere, TSMC reports early Thursday. Results from the world's largest
    chip foundry – whose customers include Nvidia (NVDA), AMD (AMD) and
    Broadcom (AVGO) — are expected to show profit up 60% to $2.35 a share.

    That would mark the second straight quarter of accelerating growth.
    Revenue growth is also expected to accelerate, up 44% to $29.7 billion.
    TSMC on Thursday said consolidated revenue in June jumped 27% in local currency.

    JPMorgan Stock Holds Near Highs
    Financial stocks like JPMorgan have started to outperform as the stock
    market gets more optimistic that inflation will remain contained despite recently announced tariffs by the Trump administration. JPMorgan also has
    a large underwriting business, which should benefit as the market for
    initial public offerings comes back to life.

    https://www.investors.com/wp-content/uploads/2025/07/EARNwatch071425- 300x171.jpg

    When JPMorgan released first-quarter results on April 11, it was in the
    early stages of forming a double-bottom base. Adjusted revenue increased
    8% to $45.3 billion, helped by higher asset management and investment
    banking fees.

    Equity trading revenue jumped 48% to $3.8 billion, much higher than
    expected. Chief Executive Jamie Dimon was cautious on the U.S. economy
    again, and cited potential turbulence due to tariffs, possible trade wars
    and sticky inflation.

    For JPMorgan's second quarter, analysts see profit of $4.48 a share, down
    27% year over year. Wall Street also calls for a revenue decline of 14% to $43.9 billion.

    Separately, after a bullish earnings report from Delta Air Lines (DAL)
    early Thursday, United Airlines (UAL) is also on the earnings calendar.
    Delta and United both soared Thursday, helping lift Investor's Business
    Daily's airline group to a one-day gain of around 10%.

    Results from United are due Wednesday after the close. Analysts see
    earnings per share declining 7% to $3.85, with revenue up 2% to $15.4
    billion.


    --
    November 5, 2024 - Congratulations President Donald Trump. We look
    forward to America being great again.

    We live in a time where intelligent people are being silenced so that
    stupid people won't be offended.

    Every day is an IQ test. Some pass, some, not so much.

    Thank you for cleaning up the disasters of the 2008-2017, 2020-2024 Obama
    / Biden / Harris fiascos, President Trump.

    Under Barack Obama's leadership, the United States of America became the
    The World According To Garp. Obama sold out heterosexuals for Hollywood
    queer liberal democrat donors.

    --- SoupGate-Win32 v1.05
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