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05.12.25 - 22:12
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Consumer Credit Below Expectations On Slowdown In Student, Auto Loans; Credit Card APRs Back To All Time High (ZeroHedge)
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Consumer Credit Below Expectations On Slowdown In Student, Auto Loans; Credit Card APRs Back To All Time High
After several months of wild swings, moments ago the Fed published the latest consumer credit report (G.19) and it was quite tame by recent volatile trends.
Total consumer credit rose by $9.178BN in October (which is more contemporaneous than more other data points we have received in recent weeks thanks to the govt shutdown), which was down from a downward revised $11.0BN in Sept ($13.09BN pre-revision), and below the $10.48BN median estimate. The latest monthly increase pushed the total to a new all-time high of $5.084 trillion.
Looking at revolving credit (i.e., credit cards), the increase was $5.407BN to $1.317 trillion, the biggest monthly increase since July, if on the low side compared to the $8.7 billion average monthly increase from 2021 until the end of 2024.
Non-revolving credit (primarily auto and student loans), rose by $3.771BN, the lowest increase since February when w...
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05.12.25 - 21:48
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Rubrik Crushes Expectations Again. Here’s What We’re Watching (24/7 Wall St.)
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Yesterday we were watching whether Rubrik (NYSE: RBRK) could deliver on its profitability promise while maintaining growth momentum. The company crushed both expectations after the bell on December 4, and this morning shares are trading up 24.1% at $87.40 after touching an intraday high of $90.26.Profitability Milestone Drives the MoveNon-GAAP EPS came in at $0.10, ... Rubrik Crushes Expectations Again. Here's What We're Watching
The post Rubrik Crushes Expectations Again. Here's What We're Watching appeared first on 24/7 Wall St.....
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05.12.25 - 19:24
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Lockheed Delivers Steady Defense Profits as Boeing Burns Billions Ramping Production (24/7 Wall St.)
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Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) reported Q3 2025 earnings in late October, revealing two aerospace giants in completely different financial realities. Boeing delivered its strongest aircraft volume since 2018 while bleeding billions. Lockheed beat estimates with $6.95 EPS after a catastrophic Q2 miss. One Turns Cash Positive. The Other Stays Profitable. Boeing's ... Lockheed Delivers Steady Defense Profits as Boeing Burns Billions Ramping Production
The post Lockheed Delivers Steady Defense Profits as Boeing Burns Billions Ramping Production appeared first on 24/7 Wall St.....
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05.12.25 - 19:24
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Verizon Posts $5 Billion Profit While Lumen Loses $621 Million Chasing AI Infrastructure (24/7 Wall St.)
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Lumen Technologies (NYSE: LUMN) and Verizon Communications (NYSE: VZ) just closed their Q3 2025 earnings reports, and the contrast is stark. Verizon posted $5.06 billion in net income while Lumen logged a $621 million loss. One is a dividend aristocrat leaning into customer-first transformation. The other is betting its future on AI infrastructure and enterprise ... Verizon Posts $5 Billion Profit While Lumen Loses $621 Million Chasing AI Infrastructure
The post Verizon Posts $5 Billion Profit While Lumen Loses $621 Million Chasing AI Infrastructure appeared first on 24/7 Wall St.....
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05.12.25 - 19:01
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Hong Kong′s State Fund Reports $289 Million Profit in First Annual Results (Caixin)
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Hong Kong's sovereign investment fund reported its first annual profit and disclosed detailed operations in a newly released financial statement, positioning itself as a key player in the city's economic strategy.Hong Kong Investment Corp. Ltd. (HKIC), a government-owned investment vehicle modeled on sovereign wealth funds, posted an operating profit of HK$2.25 billion ($289 million) for 2024, according to its inaugural annual report released on Thursday.The fund reported HK$2.345 billion in investment income for the year, offset by HK$93 million in operating expenses. As of Dec. 31, 2024, HKIC's total assets stood at HK$64.01 billion.Established in 2022 with HK$62 billion in seed capital from the Hong Kong government, the fund had deployed less than 20% of its capital — nearly HK$12.4 billion — by the end of 2024, chief executive Clara Chan said in the report.HKIC is part of the city's broader economic strategy to deploy “patient capital” — long-term funding aimed at boosting Hong Kong's c...
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05.12.25 - 18:42
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„Die Erwartungen an KI sind relativ hoch“ (Die Welt)
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Tilman Galler, Kapitalmarktstratege bei J.P. Morgan Asset Management, sieht für 2026 stabile Wachstumschancen durch staatliche Investitionen, warnt aber vor Risiken einer KI-Blase. „Die Fallhöhe ist durch hohe Bewertungen gestiegen“, erklärt er bei Katja Losch....
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