NVIDIA to the rescue? Trump causes dip in growth + Novo Nordisk strong again + Home Depot disappoints with outlook + Eon beats 2024 market estimates + Deutsche Telekom with record dividend for 2024 + Supermicro shares rise after filing financial reports
Nvidia $NVDA (+0.22%)Numbers after hours today
- Investors are hoping that NVIDIA's quarterly figures on Wednesday after the close can turn the ship around in the tech sector.
- A positive trend on Wall Street in the run-up to the figures would therefore not be surprising.
- However, only one thing is certain - the share will see a fluctuation of a few percent in one direction or the other after the results.
- It's going to be a wild ride!
Novo Nordisk $NOVO B (-1.34%)strong - Semaglutid copycat under pressure
- Novo Nordisk shares continued to recover on Tuesday, rising 5.6 percent at times.
- On Friday, the US health authorities officially declared the shortage of the GLP-1 antidiabetic agent semaglutide to be over.
- Novo's drugs Ozempic and Wegovy, which are primarily known as weight loss injections, are also based on this active ingredient.
- With the FDA's announcement, exemptions for copycat products containing semaglutide are now likely to expire.
- What is good news for Novo is bad news for its suppliers, who are being punished accordingly on the stock market.
- The shares of Hims & Hers Health $HIMS (+4.16%)fell by almost a quarter in pre-market Nasdaq trading.
- After Monday's attempt at stabilization, the stock is now likely to continue its steep decline.
- The semaglutide boom had brought them a record price of almost 73 dollars on Wednesday last week.
- Since September, they have increased around fivefold.
- They now cost only around 39.50 dollars in pre-market trading.
Home Depot $HD (-1.92%)disappointed with outlook
- The world's largest DIY chain Home Depot is entering the new year with cautious targets despite recent buoyant business.
- On a comparable basis, the management around CEO Ted Decker expects an increase in sales of around one percent this year, as the company, which is listed in the leading US index Dow Jones Industrial, announced in Atlanta on Tuesday.
- Analysts had expected more on average.
- In the final quarter of last year, however, sales on a comparable basis rose by a surprising 0.8 percent.
- Experts had predicted a decline here.
- However, the share price fell by more than two percent in pre-market US trading due to the outlook for the new year.
- In the full year 2024, the US company's revenue rose by 4.5 percent to 159.5 billion dollars (152.1 billion euros); on a comparable basis, however, this represents a decline of 1.8 percent.
- The bottom line profit fell by 2.2 percent to 14.8 billion dollars.
- Home Depot spent more on administration and sales, and depreciation and amortization also increased.
- Higher interest payments were also incurred.
- The quarterly dividend is nevertheless set to rise by 2.2 percent to 2.30 dollars per share.
Eon $EOAN (+2.93%)exceeds market estimates and forecast for 2024 better than expected
- Energy supplier Eon closed the past year better than the market had expected.
- Adjusted earnings before interest, taxes, depreciation and amortization (ber EBITDA) amounted to a good €9 billion, Eon announced in Essen on Wednesday.
- Although this is three percent less than in 2023, analysts had expected an even sharper decline.
- The experts surveyed by the company also did not expect Eon to return to the earnings level of 2023 in 2025.
- However, the management of the DAX-listed company is convinced of this.
- It expects an adjusted operating profit of EUR 9.6 to 9.8 billion in the current year, which would exceed the 2023 level even in the worst-case scenario.
- This will be made possible by strong investments, particularly in the expansion of the grid infrastructure.
- Eon increased its investment plans on Wednesday, as well as its medium-term profit expectations.
Deutsche Telekom $DTE (+3.04%)wants to grow - record dividend for 2024
- Deutsche Telekom intends to make further gains in the current year.
- Profit adjusted for special effects including leasing costs (EBITDA AL) is set to increase by around 4.5 percent to around 44.9 billion euros, the DAX-listed company announced in Bonn on Wednesday.
- The adjusted free cash flow is expected to increase by around 4 percent to around 19.9 billion euros.
- The latter figure can provide information on the ability to pay dividends and buy back shares.
- Group CEO Tim Höttges is positioning himself more cautiously than analysts expect on average for both key figures - Deutsche Telekom, on the other hand, argues with different exchange rate assumptions, among other things.
- In 2024, Deutsche Telekom generated revenue of just under 115.8 billion euros, around 3.4 percent more than in the previous year.
- Adjusted for special effects, earnings before interest, taxes, depreciation and amortization including leasing costs (EBITDA AL) rose by 6.2 percent to 43 billion euros.
- The Group's performance in both key figures was roughly in line with industry experts' expectations.
- On the bottom line, Telekom earned 11.2 billion euros after just under 17.8 billion euros in the previous year.
- There was a positive special effect from the sale of the radio tower.
- Shareholders are to be paid a dividend of 90 cents per share for the past year - more than ever before.
Supermicro shares $SMCI (+1.11%)rise after submission of financial reports
- Super Micro Computer recently filed its delayed financial reports, averting the threat of delisting from the Nasdaq.
- This news led to a significant increase in the company's share price, which rose by over 20% following the filing.
- Investors reacted positively to the news, as meeting the deadlines strengthens confidence in the company's management.
- Super Micro Computer has reached an important milestone with the timely filing of its financial reports, boosting investor confidence and driving share prices higher.
- The filing of the reports was crucial as Supermicro has faced uncertainty in recent months.
- In August last year, allegations of accounting manipulation were made, which led to the resignation of the auditor.
- These incidents had shaken investor confidence and led to a significant drop in the share price.
- The timely submission of the reports now marks a turning point for the company.
Wednesday: Stock market dates, economic data, quarterly figures
- Quarterly figures / company dates USA / Asia
- 15:00 3M Co, Investor Day
- 22:05 Salesforce.com Inc, 4Q results
- 22:05 Adtran Inc, Result 4Q
- 22:05 Ebay Inc, Result 4Q
- 22:20 Nvidia Corp, Result 4Q
- Quarterly figures / Company dates Europe
- 07:00 Fresenius SE | Covestro | Deutsche Telekom | Eon
- 07:00 Gerresheimer | Anheuser-Busch | Wienerberger Annual results
- 07:30 Auto1 | Munich Re | Danone Annual results
- 07:45 Ahold Delhaize detailed annual results and annual report
- 08:00 Stellantis | CRH annual results
- 09:00 Aston Martin annual results | Covestro BI-PK
- 10:00 Ceconomy AGM | Fresenius SE AGM-PC | Deutsche Telekom AGM-PC | Eon AGM-PC | Gerresheimer Analyst Conference
- 12:00 Eon Analyst Conference
- 13:30 Fresenius SE Analysts' Conference
- 15:00 Covestro Analyst Conference
- No time specified: BP Capital Markets Day
- Economic data
08:00 DE: GfK consumer climate indicator February
08:00 DE: Real wages (preliminary) 4Q & year 2024
08:45 FR: Consumer Confidence February
09:00 DE: Economic Barometer of the DIW (German Institute for Economic Research) February
16:00 US: New home sales January
16:30 US: Crude oil inventory data (week) from the government Energy Information Administration (EIA) previous week
