Robert Hum

$INTC is the buzzy dividend cut today. We've seen other cuts this earnings season. $RIO cut its full-year payout by 53% from a year ago. Lower commodity prices also caused $BHP to cut its dividend 40%. Earlier in Feb., $HBI eliminated its dividend & $VFC cut its payout by 41%.

Despite all the macro concerns/noise of late, have you noticed how many companies this earnings season have said that they've been seeing a "resilient" consumer? (a team effort with @wellsangels) https://t.co/9eMqG5LiRC

A rare miss for $CMG as consumer spending tightened. First EPS miss since Feb. 2021. Just the 2nd EPS miss in the last 5 years. It's also the first time $CMG has missed on BOTH EPS & revenues since October 2017, according to Refinitiv.

Here are America's most profitable companies over the last 4 quarters. Yes, $XOM & $CVX have made a bundle of money. But their profits are still dwarfed by $AAPL and to an extent $MSFT & $GOOGL https://t.co/rqtkuWGg0I

Amid all of $INTC's problems, how much longer can/will it stay in the $DJIA? It presumably would be a prime candidate to be replaced. As the lowest-priced stock in the index, it has the least impact. Mkt cap is similar to $AMD, less than $QCOM. $NVDA too high priced for $DJIA

$NFLX reports tomorrow afternoon. Don't forget it will no longer provide subscriber growth guidance. It'll focus more on revenue. Slowing revenue growth has been a major problem too. $NFLX expected to post record low rev. growth for the 2nd straight quarter (up just 1.7% YOY) https://t.co/wFCHt9muHb

Think egg prices have gotten expensive? $LW - which produces all types of frozen potato products (fries, hash browns, tater tots) said prices soared 30% YOY in the latest quarter - outpacing potato costs. Meanwhile $CAG, which owns a variety of food brands, said prices rose 17%.

Bed Bath & Bankruptcy? A dire warning from $BBBY. It's operating as a "going concern" and could explore bankruptcy. It's delaying its 10-Q. Liquidity has been an issue in working w/vendors to get products on shelves. Sales & losses will be worse than ests in the qtr ended Nov 26

Look what sectors will see earnings contract this coming earnings season. Plus - see how far estimates have come down in recent weeks and months. https://t.co/YDwkWHxbWT

Want to see what inflation looks like these days? The nation's largest egg producer $CALM reported results. Egg prices doubled from a year ago - far exceeding the inflation seen 12 months ago. Prices are so high that conventional eggs have been more expensive than premium eggs. https://t.co/MWH2hBD05Q

The biggest losers among $10 trillion lost in market value this year. https://t.co/k9xcLvV9Fi (h/t @hsilverb)

RT @KellyCNBC: NEWSLETTER: The $12 trillion that vanished. https://t.co/P6S5Afcutl https://t.co/9xznrxlMCc

According to @hsilverb, U.S. stocks have lost $10 trillion in value this year, with more than $8 trillion being lost in the $SPX. Look how top heavy the losses have been. 7 firms ($AMZN, $AAPL, $GOOGL/$GOOG, $MSFT, $TSLA, $META, $NVDA) have made up 60% of the $SPX losses this yr https://t.co/E1CpGKkQJ0

RT @BobPisani: Think you can time the markets? Five losing days made up most of the losses this year. Market timing is not a good investme…

$FDX still struggling with ongoing demand problems. Shipments in the latest quarter fell below pre-pandemic levels for both U.S. Express and Ground services. U.S. Express volumes have plunged 15% from a year ago, while Ground volumes are down 9% YOY. https://t.co/uxbPHhuqMq

Were retailers and apparel makers too optimistic for the holiday quarter in recent weeks? Not a good sign from $VFC. https://t.co/w05OGELTo2

Bob Chapek took the helm in Feb 2020 - just as the pandemic was starting. That's hard to fairly judge a stock's performance, but $DIS was down 28% up until his ouster. During Chapek's tenure, $DIS was the 4th worst stock in the Dow, while about 93% of the S&P 500 fared better.

Robert Hum @HumOnTheMarkets

Up until Chapek's ouster, $DIS had been one of the worst performing stocks. It was down 47% since 6/17/21 -the first day all its parks were simultaneously open after the pandemic It's down 41% YTD, since Iger left as Exec Chmn It's down 8% since its dismal earnings 2 weeks ago