Daily Brief United States: Dollar Index, NVIDIA Corp, Shake Shack Inc Class A, Peabody Energy , USD Coin, Portland General Electric Company, Entergy Corp, Public Service Enterprise Group Inc, One Gas Inc, Oge Energy Corp and more

• DXY strength through 1Q25 predicted with positive volatility
• Dollar correlations expected to remain firm, with potential pockets of soft cross correlations
• Systematic FX adoptions models highlight opportunities in FX carry via options, short volume strategy, volume reversal model, and volcurve model for 2025

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• The latest earnings result and call for NVIDIA Corporation (NVIDIA) indicate a period of remarkable growth and robust financial performance driven primarily by the adoption of its AI technologies and data center products.
• NVIDIA reported record revenue of $35.1 billion, which represents a 17% sequential increase and a striking 94% year-over-year growth, surpassing its revenue outlook of $32.5 billion.
• This growth spanned all market platforms, particularly fueled by the increasing demand for NVIDIA’s accelerated computing and AI solutions.

• Investment thesis recommends shorting Shake Shack due to declining traffic, comp growth, and new unit productivity
• Stock price has surged despite challenges, trading at over 100x earnings
• Uncertain outlook with activist investor no longer involved and unique smashburger being commoditized, raising doubts about sustainability of growth.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• WA government announces $150 million package for lithium miners, including waiving government fees for two years
• Package also includes a $50 million loan facility for interest-free loans to sustain operations
• While the news did not significantly impact stock prices, it provides some relief and support for struggling lithium companies

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• President-elect Donald Trump has become a prominent figure with the cryptocurrency market, primarily because of his ambitious vision to transform the United States into the “crypto capital of the planet.” This outlook is undoubtedly positive, as the United States holds the title of the largest capital market globally and wields significant influence on the international stage.
• However, many in the crypto market appear to overlook another highly encouraging regulatory development.
• This involves the European Union’s comprehensive Markets in Crypto-Assets (MiCA) regulatory framework, which will be fully implemented across EU member states on December 30th.

• Portland General Electric Company (PGE) delivered strong third-quarter 2024 financial performance, reflecting its operational efficiency and strategic initiatives.
• The company reported a GAAP net income of $94 million, or $0.90 per diluted share, doubling from $47 million, or $0.46 per share, in the same period last year.
• This significant improvement was primarily driven by lower power costs, increased demand from industrial customers, and the strategic acquisition of renewable resources.

• Entergy Corporation’s recent earnings report highlighted both positive strides and certain challenges faced by the company in the third quarter of 2024.
• The company announced an earnings per share (EPS) of $2.99, and raised their guidance range by $0.10, reflecting a strengthened financial performance despite being slightly lower than last year’s results due to last year’s exceptionally high weather-related earnings.
• They also increased their long term outlook due to a greater capital investment plan driven by growing industrial sales and a surge in clean energy product interest.

• Public Service Enterprise Group (PSEG) reported its third quarter 2024 financial results, highlighting key developments and regulatory activities.
• The company posted net income of $1.04 per share for Q3 2024, compared to $0.27 per share in Q3 2023.
• For the first nine months of 2024, net income reached $2.97 per share versus $4.03 per share for the same period in 2023.

• ONE Gas has reported its financial performance for the third quarter of 2024, achieving results that align with the company’s expectations.
• This performance is largely due to consistent operational execution and favorable regulatory outcomes.
• ONE Gas has cautiously updated its earnings guidance, now anticipating earnings per share (EPS) to range between $3.85 to $3.95, slightly higher than previous forecasts.

• OGE Energy Corp reported its third-quarter 2024 financial results, revealing consolidated earnings of $1.09 per share, fueled by robust energy demand across all sectors and a significant rise in customer growth, which surpassed historical averages.
• The electric company recorded earnings of $1.12 per share, while the holding company posted a loss of $0.03.
• The company’s operational excellence and enhanced digital services to customers played a crucial role in these outcomes.