News Bulletin
Friday, December 12, 2025
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Friday, December 12, 2025 |
||||
|
13:00 |
U.S. Baker Hughes Oil Rig Count |
414.00 |
|
413.00 |
|
13:00 |
U.S. Baker Hughes Total Rig Count |
548.00 |
|
549.00 |
|
15:30 |
CFTC Crude Oil speculative net positions |
69.2K |
|
74.9K |
|
15:30 |
CFTC Gold speculative net positions |
210.3K |
|
202.3K |
|
15:30 |
CFTC Nasdaq 100 speculative
net positions |
46.4K |
|
48.2K |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
48,458.05 |
47,071.66 |
44,145.28 |
|
NASDAQ |
23,195.17 |
23,113.36 |
20,509.94 |
|
S&P 500 |
6,827.41 |
6,761.58 |
6,217.93 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC:
After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt Cap |
Time |
|
Johnson Outdoors (JOUT) |
-2.83 |
-0.68 |
135.76M |
115.24M |
434.27M |
BMO |
|
Perma-Pipe Int (PPIH) |
0.77 |
-- |
61.15M |
-- |
262.58M |
BMO |
|
Phenixfin (PFX) |
0.4339 |
0.34 |
6.9M |
6.02M |
87.17M |
BMO |
|
Live Ventures (LIVE) |
-- |
-- |
-- |
-- |
45.09M |
BMO |
|
Zedge (ZDGE) |
0.07 |
0.03 |
7.6M |
7.06M |
36.50M |
BMO |
|
US Gold (USAU) |
-- |
-0.14 |
-- |
0 |
250.68M |
|
|
RCI Hospitality (RICK) |
-- |
1.81 |
-- |
84.68M |
239.12M |
|
|
Immersion Corp (IMMR) |
-- |
0.91 |
-- |
610M |
231.17M |
|
|
Children’s Place (PLCE) |
-- |
0.6013 |
-- |
370.31M |
164.26M |
|
|
OFS Credit (OCCI) |
-0.33 |
0.37 |
11.97M |
13M |
126.66M |
|
|
J W Mays (MAYS) |
-- |
-- |
-- |
-- |
77.10M |
|
|
Nutriband (NTRB) |
-- |
-2.13 |
-- |
675K |
59.44M |
|
|
Neuroone Medical (NMTC) |
-- |
-0.0383 |
-- |
2.1M |
31.00M |
|
|
Brand House Collective (TBHC) |
-- |
-0.13 |
-- |
109.39M |
27.40M |
|
|
Good Times (GTIM) |
-- |
-- |
-- |
-- |
13.97M |
|
|
Pure Bioscience, Inc (PURE) |
-- |
-- |
-- |
-- |
5.40M |
|
|
CB Wind Down (CBKCQ) |
-- |
-- |
-- |
-- |
3.86K |
|
|
Pinstripes Holdings (PNSTQ) |
-- |
-0.23 |
-- |
30.63M |
41 |
|
|
Uranium Royalty (UROY) |
0.0145 |
-0.0072 |
29.8K |
-- |
488.85M |
AMC |
Market News:
The S&P 500 closed sharply lower
Friday as chip-led dip in tech triggered a sea of red across stocks as recent
guidance from AI-linked companies including chipmakers cooled investor
sentiment on the AI trade.
At 4:00 p.m. ET, the Dow Jones
Industrial Average fell 245 points, or 0.5%, while the S&P 500 index fell
1.1%, and the NASDAQ Composite slipped 1.7%.
Broadcom falls on margin concerns
Broadcom (NASDAQ:AVGO) fell sharply after the AI server chips maker said
its high-margin, non-AI business was set for a muted current quarter. The
company also signaled that a major data center deal with OpenAI will not
begin yielding returns until at least 2027.
Broadcom beat expectations for its
fiscal fourth-quarter earnings, and also forecast above-consensus revenue for
the current quarter. Additionally, the company flagged an AI order backlog of
$73 billion over the next 18 months.
Some analysts also raised questions over
Broadcom’s biggest customers sourcing AI data center
chips on their own– a move the company said at least two clients were
considering.
The souring sentiment in Broadcom comes a day tech after a downbeat financial forecast from
cloud-computing giant Oracle raised concerns over the potential for
over-extended valuations.
Other chipmakers fell in tandem, with Micron
Technology Inc (NASDAQ:MU). Lam Research Corp (NASDAQ:LRCX), Marvell
Technology Inc (NASDAQ:MRVL), Advanced Micro Devices Inc (NASDAQ:AMD),
and NVIDIA Corporation (NASDAQ:NVDA) down.
Elsewhere, Costco (NASDAQ:COST)
beat Wall Street estimates for first-quarter revenue on Thursday, on the back
of resilient demand from consumers across income groups amid rising economic
uncertainty.
Lululemon Athletica (F:33L) shares soared following the athleisure
group’s announcement of the departure of CEO Calvin McDonald and a heightened
full-year profit forecast.
Fed dovish stance to boosts, but
valuations remain a concern
With investors still pricing in at least
50 bps of monetary easing next year on expectations that U.S. President Donald
Trump’s appointee to the Fed Chair will likely be a policy dove, BCA Research
expects 2026 to be a constructive year for equities.
In a new outlook, the firm says
“monetary easing, fiscal support, GenAI-related capex, and strong earnings growth are unequivocally
positive” for stocks, but stresses that “valuations are extended,” and concerns
about a bubble are “overstated.”
BCA Research forecasts the S&P 500
will end next year between 7,200 and 7,500, implying “only 5–10%” returns.
Goldman Sachs also takes a positive view
of the U.S. equity market moving into 2026.
"Beyond the macro drivers, the
profitability of the largest stocks will continue to be a key driver of S&P
500 earnings growth," they argued, adding that returns from the seven largest
stocks in the index -- Nvidia
(NASDAQ:NVDA), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Google
(NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Broadcom, and Meta
(NASDAQ:META) -- account for roughly a quarter of its total earnings.
For internal use only