Reply To: China and America, a Tale of Two Markets – Traders Market Weekly

#73292
Truman
Participant

Airbnb (ABNB 143.96, -6.86, -4.6%): reports Q4 (Dec) results, beats on revs; guides Q1 revs in-line; authorizes a new repurchase program of up to $6.0 bln; Ready to expand beyond core business with AI
MGM Resorts (MGM 44.21, -1.45, -3.2%): beats by $0.35, beats on revs; sees FY24 CapEx of $795-$835 million domestically
Lyft (LYFT 14.75, +2.62, +21.6%): beats by $0.11, misses on revs, adjusted EBITDA of $66.6 mln, above guidance of $50-$60 mln; guides for Q1 gross bookings of $3.5-$3.6 bln, anticipates positive free cash flow for full year; Expects to generate positive free cash flow on full year basis for first time in history; sees mid-teens total rides growth for 2024
Instacart (CART 26.34, -1.51, -5.4%): reports Q4 (Dec) results, revs in-line, GTV up 7%; guides for Q1 GTV of $8.0-$82 bln, adjusted EBITDA of $150-$160 mln, authorizes additional $500 mln for share repurchases; COO Asha Sharma resigns from her position, effective March 1; Co announces restructuring plan that includes a reduction of ~250 employees or 7% of the Co’s global workforce
Zillow (ZG 55.47, +3.41, +6.6%): beats by $0.09, beats on revs; guides Q1 revs in-line
Akamai Tech (AKAM 118.55, -6.50, -5.2%): beats by $0.09, reports revs in-line; guides Q1 EPS in-line, revs in-line; provides FY24 guidance on the call: expects +6-8% revenue growth in cc; non-GAAP EPS growth of +7-11% in cc
Upstart (UPST 28.26, -4.66, -14.2%): reports EPS in-line, beats on revs; guides Q1 revs below consensus
Allison Transmission (ALSN 74.99, +13.45, +21.9%): beats by $0.48, beats on revs; guides FY24 revs above consensus
Robinhood Markets (HOOD 13.44, +1.60, +13.5%): beats by $0.04, beats on revs
DaVita (DVA 121.41, +7.81, +6.9%): beats by $0.24, beats on revs; guides FY24 EPS in-line
Kraft Heinz (KHC 35.65, -0.48, -1.3%): beats by $0.01, misses on revs; guides FY24 EPS in-line
QuidelOrtho (QDEL 41.05, -25.72, -38.5%): misses by $0.87, misses on revs; guides FY24 EPS below consensus, revs in-line