Good Morning!
On Wednesday, January 29, the S&P 500 closed at 6,039.31, down 0.47% from the previous trading session. The NASDAQ declined 0.51%, finishing at 19,632.32. The Dow Jones Industrial Average fell 0.31% to close at 44,713.52, while the Russell 2000 dipped 0.25%, ending the session at 2,283.10.
The Federal Reserve held interest rates steady at 4.25%–4.50% in its first policy meeting of 2025 under President Donald Trump’s second term. Fed Chair Jerome Powell emphasized a cautious approach to monetary policy despite ongoing inflation concerns, stating that economic conditions remain stable and there is no urgency to adjust rates. With Trump advocating for looser monetary policy and Powell holding firm, the Fed faces growing external pressures in the months ahead.
The Trump administration has introduced a "deferred resignation program" as part of its efforts to shrink the federal workforce. An email was sent to approximately 2 million federal employees, offering them the option to resign by February 6 in exchange for a buyout package equivalent to eight months of salary. Participants will remain on payroll without working until September 30. However, the program excludes employees in immigration, national security, and the U.S. Postal Service. This initiative aligns with broader efforts to dismantle the IRS and significantly reduce the federal workforce over the next three years.
The Senate has confirmed Lee Zeldin as the new head of the Environmental Protection Agency (EPA) under the Trump administration. Zeldin, a former Republican congressman and Trump ally, is expected to lead efforts to roll back environmental regulations as soon as this week, axing the Biden administration's emission standards and EV mandate. Funding for the Green New Deal is also expected to dry up as soon as the temporary block by a federal judge is out of the way.
Crypto Highlights
Bitcoin (BTC): Currently trading at $105,520, up 3.11% over the past 24 hours.
Ethereum (ETH): Up 3.08%, now trading at $3,227 per coin.
Solana (SOL): Up 3.69%, currently trading at $240.45.
Ripple (XRP): Flat (+0.78%) in the last 24 hours, now trading at $3.11 per coin.
Headlines
Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty
The Federal Reserve opted to leave interest rates unchanged on Wednesday, signaling a cautious approach as it assesses the economic impact of President Donald Trump’s policies. The decision follows a series of rate cuts between September and December 2024, totaling one full percentage point.
While Fed officials provided no clear timeline for additional cuts, they revised their 2025 outlook, projecting just two rate reductions instead of the four originally anticipated before the election.
Alibaba Unveils Qwen 2.5 AI Model, Challenging DeepSeek and ChatGPT
Alibaba has launched its Qwen 2.5 AI model, claiming it outperforms OpenAI’s ChatGPT and DeepSeek-V3 across multiple benchmarks. The announcement comes amid intensifying competition in the AI space, with DeepSeek recently disrupting the industry with its cost-effective AI model. According to Alibaba’s cloud division, Qwen 2.5 surpasses Meta’s Llama-3.1-405B, OpenAI’s GPT-4o, and DeepSeek-V3, reinforcing China’s growing influence in AI development.
The AI race has impacted global markets, with investor confidence in U.S. AI giants, including NVIDIA, facing challenges as Chinese firms aggressively expand. ByteDance has also introduced an updated AI model, claiming superiority over OpenAI’s latest o1 model. Alibaba’s entry into the AI race follows a pricing war triggered by DeepSeek’s open-source model, which significantly undercut competitors.
ECB Cuts Interest Rates, Signals More Easing Amid Economic Concerns
The European Central Bank (ECB) reduced its deposit rate by 25 basis points to 2.75% on Thursday, marking its fifth rate cut in the past year as it seeks to counter weak economic growth in the eurozone. The move was widely expected, with policymakers prioritizing stagnant industrial output and sluggish consumer spending over concerns about persistent inflationary pressures.
ECB President Christine Lagarde signaled that further cuts remain on the table, especially as U.S. President Donald Trump’s tariff threats create new trade uncertainties that could further weaken European economies. While inflation stood at 2.4% in December, the ECB appears confident that price pressures will continue to decline. However, some hawkish policymakers warn that Trump’s policies, potential retaliatory EU trade measures, and global market volatility could complicate future rate decisions.
European Markets Rise as Investors Await ECB Rate Decision
European stock markets opened higher on Thursday as investors monitored key earnings reports and awaited the European Central Bank’s expected 25-basis-point rate cut. The pan-European Stoxx 600 index gained 0.4%, recovering from recent global tech sell-offs. Despite inflation concerns, analysts anticipate continued monetary easing in 2025 due to subdued economic activity and weak consumer confidence in the euro zone. Investors are also watching economic growth data from France, Germany, and the broader euro area, along with unemployment and sentiment figures.
Meanwhile, earnings season brought mixed results. Deutsche Bank shares dropped over 5% after reporting a larger-than-expected Q4 profit decline, while Shell shares rose slightly despite a sharp drop in annual profit. H&M posted higher-than-expected operating profits but missed sales forecasts, sending its shares down 5% before recovering. Other major European firms, including Nokia, Roche, and BT Group, are set to release earnings. In Germany, preliminary data showed the economy contracted 0.2% in Q4, more than the expected 0.1%, adding to concerns over Europe's economic outlook.
Senate Confirms Zeldin as EPA Chief as Trump Moves to Slash Climate Regulations
The Republican-controlled Senate confirmed Lee Zeldin as the new head of the Environmental Protection Agency (EPA) on Wednesday, positioning him to help President Donald Trump roll back climate policies and environmental regulations. The vote was 56-42, with three Democrats—Sens. Ruben Gallego, Mark Kelly, and John Fetterman—joining all 53 Republicans in support.
Zeldin, a former New York congressman and Trump ally, has pledged to reform EPA policies but has avoided committing to specific rollbacks. His confirmation aligns with Trump’s vow to eliminate climate regulations, including tailpipe emissions standards and power plant pollution limits introduced during the Biden administration.
US Department of Transportation Moves to Cut Fuel Efficiency Standards
Just one day after taking office, Transportation Secretary Sean Duffy has directed the National Highway Traffic Safety Administration (NHTSA) to review fuel economy standards, aligning with President Donald Trump’s energy policy favoring oil, natural gas, and biofuels. The memo argues that “artificially high” fuel efficiency standards have driven up the cost of new vehicles, making them unaffordable for American consumers and potentially harming the U.S. auto industry.
The decision marks another shift in U.S. environmental policy, following Biden-era regulations that sought to enforce stricter fuel efficiency and promote electric vehicle adoption. Trump’s transition team had already signaled in December that his administration would roll back these regulations, prioritizing energy independence and lower vehicle costs.
Trump Signs Executive Order to Promote ‘Patriotic Education’ in Schools
President Donald Trump signed a series of executive orders on Wednesday aimed at reshaping U.S. education, including restricting how racism is taught, curbing antisemitism, and expanding taxpayer funding for private schools. The moves are part of Trump’s broader effort to steer American schools away from left-leaning ideologies.
One order, “Ending Radical Indoctrination in K-12 Schooling,” threatens to withhold federal funding from schools that teach that the United States is “fundamentally racist, sexist, or discriminatory.” Another order lays the groundwork to deport international students accused of antisemitic harassment in connection with protests over the war in Gaza. A third order directs federal agencies to redirect funds toward school voucher programs, enabling parents to use public money for private, religious, or homeschooling options.
Pentagon Strips Gen. Mark Milley of Security Clearance and Protection
The Pentagon has revoked the security clearance and protective detail of retired Gen. Mark Milley, a former Chairman of the Joint Chiefs of Staff, as part of the Trump administration’s broader shakeup of national security officials. Defense Secretary Pete Hegseth directed the move, citing Milley’s “conduct” and its impact on national security. The Pentagon’s Inspector General has been ordered to review Milley’s military grade and actions.
Milley, who publicly criticized Trump and was quoted calling him a “fascist”, had drawn the former president’s ire for reassuring China during Trump’s final weeks in office that the U.S. would not launch a nuclear strike. Trump previously accused Milley of treason, and his administration has now also revoked protections for former officials including Anthony Fauci, Mike Pompeo, and John Bolton. Before leaving office, Joe Biden issued Milley a preemptive pardon, shielding him from possible legal action under Trump’s second presidency.
Google’s 105-Qubit Willow Chip Sets New Quantum Computing Milestones
Google has unveiled its latest quantum processor, the 105-qubit Willow chip, achieving significant advancements in quantum error correction and computation. Building on past successes with Sycamore and Bristlecone, Willow demonstrated a major breakthrough by reducing error rates as more qubits were added—a crucial step toward fault-tolerant quantum computing. The chip also improved the coherence time of qubits by five times, allowing for more complex calculations. Google’s research indicates that as the number of qubits increases, error rates decrease exponentially, marking a pivotal shift in quantum processor design.
Beyond performance enhancements, Willow surpassed previous benchmarks in random circuit sampling, a test used to measure quantum supremacy. The processor completed a computation in under five minutes that would take the most advanced classical supercomputer an estimated 10 septillion years to replicate. Google’s roadmap aims to scale quantum processors to a million physical qubits, ultimately enabling commercially viable quantum applications within the next five years.
GE Vernova Plans $96 Million Expansion at Niskayuna Research Center
GE Vernova, the energy spinoff from General Electric, announced a $96 million expansion at its Niskayuna research facility, adding 75 new jobs. Supported by $9.63 million in New York state tax credits, the investment will fund two new labs focused on electrification and decarbonization, as well as upgrades to existing facilities. This initiative aligns with New York’s push to become a leader in clean energy research and manufacturing. Governor Kathy Hochul praised the move, highlighting its role in advancing the state’s climate agenda and fostering economic growth.
This expansion follows GE Vernova’s broader commitment to the Capital Region, including a $50 million wind turbine manufacturing project in Schenectady and a $22 million investment in advanced power plant generators, collectively creating over 350 jobs. The company, which relocated its headquarters to Cambridge, Massachusetts, in 2023, continues to invest heavily in energy infrastructure, driven by global demand for cleaner power solutions. In 2024, GE Vernova reported $44.1 billion in orders and nearly $35 billion in revenue, reflecting its growing role in the energy transition and artificial intelligence-driven power demand.
EU Unveils ‘Simplification’ Agenda to Boost Competitiveness
European Commission President Ursula von der Leyen has launched an ambitious "simplification" initiative aimed at reducing regulatory burdens and enhancing innovation to help the EU compete more effectively with the U.S. and China. In a policy framework called the Competitiveness Compass, von der Leyen proposed cutting administrative costs for businesses by 25%—and by 35% for small and medium-sized enterprises—while reaffirming the EU’s commitment to a 90% reduction in greenhouse gas emissions by 2040. The initiative responds to concerns from European businesses struggling with complex regulations and aligns with a report by former Italian Prime Minister Mario Draghi, which warned of Europe’s economic stagnation.
The plan also focuses on advancing green technology, artificial intelligence, and quantum computing, including the establishment of "AI factories" to support startups and researchers. Von der Leyen acknowledged that Europe's economic model—once reliant on cheap Chinese labor and Russian energy—must evolve, calling for a shift toward homegrown technological leadership. However, the proposal has drawn mixed reactions. Business groups have welcomed the regulatory relief, while environmental campaigners and labor unions caution that deregulation could undermine sustainability and workers' rights. The challenge now lies in securing the backing of all 27 EU member states for what some see as Brussels' most significant economic overhaul since the eurozone crisis.
Far-Right Vote on Asylum Sparks Uproar in German Parliament
Germany's parliament erupted into controversy after a conservative-backed motion on tougher asylum rules passed with support from the far-right Alternative for Germany (AfD). The motion, introduced by Christian Democratic Union (CDU) leader Friedrich Merz, called for stricter border controls and a ban on undocumented entries. Chancellor Olaf Scholz condemned the move as an "unforgivable mistake," accusing Merz of breaking Germany’s long-standing political consensus against collaborating with the far right. The debate has intensified amid rising public concerns over immigration following violent crimes involving asylum seekers.
Meta Settles Trump Lawsuit for $25 Million
Meta has agreed to pay $25 million to settle a lawsuit filed by former U.S. President Donald Trump over the suspension of his Facebook and Instagram accounts following the January 6 Capitol riots. While Meta will not admit wrongdoing, $22 million of the settlement will be allocated to a fund for Trump’s presidential library, with the remainder covering legal fees and other plaintiffs. The restrictions on Trump's accounts were lifted in mid-2024 as he prepared for the upcoming U.S. presidential election. The settlement follows a shift in relations between Trump and Meta CEO Mark Zuckerberg, who attended Trump’s recent inauguration and contributed $1 million to the event’s fund.
Beyond the settlement, Meta is also defending its $65 billion investment in artificial intelligence (AI) amid rising competition from Chinese AI firm DeepSeek. Zuckerberg reaffirmed his commitment to open-source AI development, arguing that it gives the U.S. a competitive edge. Despite concerns over AI spending, Meta posted strong financial results, reporting $48 billion in revenue and $20 billion in profit for the last quarter of 2024.
Toyota Retains Title as World’s Top-Selling Automaker in 2024
Toyota Motor Corp. sold 10.8 million vehicles globally in 2024, securing its position as the world's top-selling automaker for the fifth consecutive year despite a 3.7% decline in unit sales. The drop was largely due to a slump in Japanese sales, particularly at its Daihatsu subsidiary, following certification test governance issues.
Despite challenges, strong hybrid vehicle sales in the U.S. helped Toyota maintain its lead over Volkswagen Group, which sold just over 9 million vehicles, a 2.3% decline from 2023. Hybrid models made up 40.8% of Toyota’s parent-brand sales, while battery electric vehicles accounted for 1.4%. In China, sales fell by 6.9%, reflecting the intense price war in the world’s largest car market.
Italian Startup Exein to Provide Cybersecurity for MediaTek Chips
Italian cybersecurity startup Exein has secured a deal with Taiwan’s MediaTek to embed its security systems into the chipmaker’s Genio platform. This agreement will enhance cybersecurity for billions of chips used across industries such as mobile, home automation, automotive, and healthcare. Exein expects its technology to be integrated into over 3 billion devices worldwide, with the partnership valued at more than €5 million ($5.2 million), a figure projected to double by 2028.
Japan Unveils World’s First Solar Super-Panel, Generating More Power Than 20 Nuclear Reactors
Japan is set to revolutionize renewable energy with its latest breakthrough in perovskite solar cell (PSC) technology, introducing lightweight, flexible solar panels capable of generating 20 gigawatts of electricity by 2040—equivalent to the output of 20 nuclear reactors.
Japan’s Ministry of Industry has prioritized PSC technology in its national energy plan, aligning with its commitment to achieve net-zero emissions by 2050. Unlike traditional silicon-based panels, PSCs are highly adaptable and can be installed on building facades, windows, and streetlights, allowing maximum energy generation in densely populated urban environments.
Once a leader in solar panel manufacturing, Japan lost its dominance to Chinese competitors but is now regaining its edge through government-backed advancements in PSC technology. Companies like Sekisui Chemical Co. are working on next-generation PSC modules aimed at mass adoption by the 2030s.
SoftBank in Talks to Invest Up to $25 Billion in OpenAI
SoftBank Group Corp. is in discussions to invest between $15 billion and $25 billion in OpenAI, a move that could make it the startup’s largest financial backer. This potential investment follows SoftBank’s existing $15 billion commitment to Project Stargate, a Texas-based joint venture with OpenAI aimed at building AI infrastructure and data centers to support the ChatGPT maker.
TSMC Founder on Intel’s Missed Opportunity With Apple
In the early 2010s, Apple sought alternatives to Samsung Foundry for manufacturing its custom processors. The company considered Intel Custom Foundry (ICF) but found that Intel was not equipped to serve external customers, while Texas Instruments lacked advanced process technologies. Ultimately, Apple chose TSMC, as revealed by its founder, Morris Chang. When Intel CEO Paul Otellini approached Apple in 2011, Apple paused discussions with TSMC for two months to evaluate Intel’s offer. Concerned about the delay, Chang met with Tim Cook, who reassured him that Intel was not a viable option, stating, "Intel just does not know how to be a foundry." Unlike TSMC, which adapted its processes to meet customer demands, Intel struggled with a rigid, self-centered approach.
Yesterday's Earnings
Microsoft (MSFT): Actual EPS: $3.23 (Beat by 3.19%), Expected EPS: $3.13, Actual Revenue: $69.6B (Beat by 0.99%), Expected Revenue: $68.92B, Market Cap: $3.29T
Meta Platforms (META): Actual EPS: $8.02 (Beat by 19.16%), Expected EPS: $6.73, Actual Revenue: $48.39B (Beat by 2.89%), Expected Revenue: $47.03B, Market Cap: $1.71T
Tesla (TSLA): Actual EPS: $0.73 (Miss by 4.17%), Expected EPS: $0.7614, Actual Revenue: $25.71B (Miss by 5.57%), Expected Revenue: $27.23B, Market Cap: $1.25T
ASML ADR (ASML): Actual EPS: $6.85 (Beat by 1.78%), Expected EPS: $6.73, Actual Revenue: $9.26B (Beat by 2.21%), Expected Revenue: $9.06B, Market Cap: $289.76B
T-Mobile US (TMUS): Actual EPS: $2.57 (Beat by 12.72%), Expected EPS: $2.28, Actual Revenue: $21.87B (Beat by 2.34%), Expected Revenue: $21.37B, Market Cap: $272.89B
ServiceNow Inc (NOW): Actual EPS: $3.67 (Beat by 0.55%), Expected EPS: $3.65, Actual Revenue: $2.96B (Met Expectations), Expected Revenue: $2.96B, Market Cap: $235.95B
IBM (IBM): Actual EPS: $3.92 (Beat by 3.16%), Expected EPS: $3.80, Actual Revenue: $17.6B (Miss by 0.11%), Expected Revenue: $17.62B, Market Cap: $211.4B
Danaher (DHR): Actual EPS: $2.14 (Miss by 0.47%), Expected EPS: $2.15, Actual Revenue: $6.54B (Beat by 2.34%), Expected Revenue: $6.39B, Market Cap: $161.59B
Progressive (PGR): Actual EPS: $4.01 (Beat by 13.59%), Expected EPS: $3.53, Actual Revenue: $19.14B (Beat by 5.52%), Expected Revenue: $18.14B, Market Cap: $144.34B
ADP (ADP): Actual EPS: $2.35 (Beat by 2.17%), Expected EPS: $2.30, Actual Revenue: $5.05B (Beat by 1.61%), Expected Revenue: $4.97B, Market Cap: $122.47B
Lam Research (LRCX): Actual EPS: $0.91 (Beat by 3.80%), Expected EPS: $0.88, Actual Revenue: $4.38B (Beat by 1.63%), Expected Revenue: $4.31B, Market Cap: $96.69B
Waste Management (WM): Actual EPS: $1.70 (Miss by 6.59%), Expected EPS: $1.82, Actual Revenue: $5.89B (Beat by 3.89%), Expected Revenue: $5.67B, Market Cap: $84.11B
General Dynamics (GD): Actual EPS: $4.15 (Miss by 3.49%), Expected EPS: $4.30, Actual Revenue: $13.34B (Beat by 0.91%), Expected Revenue: $13.22B, Market Cap: $69.03B
Norfolk Southern (NSC): Actual EPS: $3.04 (Beat by 1.00%), Expected EPS: $3.01, Actual Revenue: $3.02B (Miss by 0.66%), Expected Revenue: $3.04B, Market Cap: $58.08B
Ameriprise Financial (AMP): Actual EPS: $9.54 (Beat by 4.03%), Expected EPS: $9.17, Actual Revenue: $4.5B (Met Expectations), Expected Revenue: $4.5B, Market Cap: $55.8B
United Rentals (URI): Actual EPS: $11.59 (Miss by 1.36%), Expected EPS: $11.75, Actual Revenue: $4.1B (Beat by 4.32%), Expected Revenue: $3.93B, Market Cap: $49.77B
Nasdaq Inc (NDAQ): Actual EPS: $0.76 (Beat by 2.70%), Expected EPS: $0.74, Actual Revenue: $1.23B (Beat by 0.82%), Expected Revenue: $1.22B, Market Cap: $46.97B
MSCI (MSCI): Actual EPS: $4.18 (Beat by 5.56%), Expected EPS: $3.96, Actual Revenue: $743.51M (Miss by 0.41%), Expected Revenue: $746.56M, Market Cap: $46.48B
Hess (HES): Actual EPS: $1.63 (Beat by 9.40%), Expected EPS: $1.49, Actual Revenue: $3.23B (Beat by 9.12%), Expected Revenue: $2.96B, Market Cap: $44.58B
Corning (GLW): Actual EPS: $0.57 (Beat by 1.79%), Expected EPS: $0.56, Actual Revenue: $3.50B (Miss by 6.67%), Expected Revenue: $3.75B, Market Cap: $40.49B
Otis Worldwide (OTIS): Actual EPS: $0.93 (Miss by 2.11%), Expected EPS: $0.95, Actual Revenue: $3.68B (Beat by 0.27%), Expected Revenue: $3.67B, Market Cap: $37.81B
Raymond James Financial (RJF): Actual EPS: $2.93 (Beat by 11.83%), Expected EPS: $2.62, Actual Revenue: $3.54B (Beat by 2.31%), Expected Revenue: $3.46B, Market Cap: $37.15B
Rockwell Automation (ROK): Actual EPS: --, Expected EPS: $1.57, Actual Revenue: --, Expected Revenue: $1.89B, Market Cap: $31.52B
Las Vegas Sands (LVS): Actual EPS: $0.54 (Miss by 6.34%), Expected EPS: $0.58, Actual Revenue: $2.90B (Miss by 0.34%), Expected Revenue: $2.91B, Market Cap: $31.49B
Western Digital (WDC): Actual EPS: $1.77 (Miss by 5.85%), Expected EPS: $1.88, Actual Revenue: $4.29B (Beat by 0.23%), Expected Revenue: $4.28B, Market Cap: $21.71B
Teradyne (TER): Actual EPS: $0.95 (Beat by 4.40%), Expected EPS: $0.91, Actual Revenue: $753M (Beat by 1.69%), Expected Revenue: $740.47M, Market Cap: $19.88B
CH Robinson (CHRW): Actual EPS: $1.21 (Beat by 9.01%), Expected EPS: $1.11, Actual Revenue: $4.2B (Miss by 5.19%), Expected Revenue: $4.43B, Market Cap: $12.76B
Earnings Today
Apple (AAPL): Expected EPS: $2.36, Expected Revenue: $124.99B, Market Cap: $3.6T
Visa A (V): Expected EPS: $2.66, Expected Revenue: $9.35B, Market Cap: $658.67B
Mastercard (MA): Expected EPS: $3.70, Expected Revenue: $7.40B, Market Cap: $503.71B
Blackstone (BX): Expected EPS: $1.43, Expected Revenue: $3.78B, Market Cap: $226.55B
Thermo Fisher Scientific (TMO): Expected EPS: $5.95, Expected Revenue: $11.29B, Market Cap: $217.35B
Caterpillar (CAT): Expected EPS: $5.06, Expected Revenue: $16.64B, Market Cap: $189.85B
Comcast (CMCSA): Expected EPS: $0.8612, Expected Revenue: $31.61B, Market Cap: $142.96B
United Parcel Service (UPS): Expected EPS: $2.52, Expected Revenue: $25.41B, Market Cap: $114.16B
Marsh McLennan (MMC): Expected EPS: $1.77, Expected Revenue: $5.93B, Market Cap: $107.71B
KLA Corp (KLAC): Expected EPS: $7.75, Expected Revenue: $2.94B, Market Cap: $95.37B
Sherwin-Williams (SHW): Expected EPS: $2.07, Expected Revenue: $5.33B, Market Cap: $90.46B
Altria (MO): Expected EPS: $1.29, Expected Revenue: $5.04B, Market Cap: $89.25B
Parker-Hannifin (PH): Expected EPS: $6.23, Expected Revenue: $4.81B, Market Cap: $85.70B
Intel (INTC): Expected EPS: $0.1161, Expected Revenue: $13.83B, Market Cap: $85.18B
Cigna (CI): Expected EPS: $7.79, Expected Revenue: $63.16B, Market Cap: $84.37B
Trane Technologies (TT): Expected EPS: $2.52, Expected Revenue: $4.77B, Market Cap: $81.91B
Arthur J Gallagher (AJG): Expected EPS: $2.06, Expected Revenue: $2.71B, Market Cap: $73.47B
Atlassian Corp Plc (TEAM): Expected EPS: $0.62, Expected Revenue: $1.023B, Market Cap: $70.66B
Northrop Grumman (NOC): Expected EPS: $6.34, Expected Revenue: $10.96B, Market Cap: $70.16B
Roper Technologies (ROP): Expected EPS: $4.73, Expected Revenue: $1.84B, Market Cap: $58.23B
Valero Energy (VLO): Expected EPS: $0.4268, Expected Revenue: $30.36B, Market Cap: $44.16B
Baker Hughes (BKR): Expected EPS: $0.6286, Expected Revenue: $7.08B, Market Cap: $42.62B
L3Harris Technologies (LHX): Expected EPS: $3.44, Expected Revenue: $5.50B, Market Cap: $40.20B
ResMed (RMD): Expected EPS: $2.32, Expected Revenue: $1.27B, Market Cap: $37.13B
Deckers Outdoor (DECK): Expected EPS: $2.46, Expected Revenue: $1.70B, Market Cap: $33.26B
Hartford (HIG): Expected EPS: $2.67, Expected Revenue: $6.91B, Market Cap: $32.90B
Cardinal Health (CAH): Expected EPS: $1.77, Expected Revenue: $54.56B, Market Cap: $30.92B
Tractor Supply (TSCO): Expected EPS: $0.4542, Expected Revenue: $3.79B, Market Cap: $30.53B
Dow (DOW): Expected EPS: $0.294, Expected Revenue: $10.58B, Market Cap: $28.84B
PPG Industries (PPG): Expected EPS: $1.65, Expected Revenue: $4.07B, Market Cap: $28.36B
Dover (DOV): Expected EPS: $2.08, Expected Revenue: $1.96B, Market Cap: $27.08B
PulteGroup (PHM): Expected EPS: $3.27, Expected Revenue: $4.65B, Market Cap: $23.17B
Weyerhaeuser (WY): Expected EPS: $0.0481, Expected Revenue: $1.72B, Market Cap: $22.19B
International Paper (IP): Expected EPS: -$0.0675, Expected Revenue: $4.73B, Market Cap: $20.14B
Southwest Airlines (LUV): Expected EPS: $0.3883, Expected Revenue: $6.91B, Market Cap: $18.98B
Quest Diagnostics (DGX): Expected EPS: $2.19, Expected Revenue: $2.58B, Market Cap: $17.35B
