Daily Brief United States: NVIDIA Corp, TotalEnergies , American International Group, Bitcoin, Skyworks Solutions, Atea Pharmaceuticals , Coherent Inc, Crown Holdings, Enersys, Hologic Inc and more

• Nvidia set a new record for the largest single one day loss of market cap, losing 700 billion on a 17% down move
• Market risk is about being wrongly sized and underestimating volatility, diversifying assets such as gold, Bitcoin, and broad market put spreads is recommended
• Financial market insurance is not like hurricane insurance, as exposures within markets are interconnected and risk can be amplified when positions are crowded

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

• In Q4, TotalEnergies beat adjusted net income forecasts by 4.8% and revenue projections by 11%. Adjusted net income and EPS rose by 8.1% QoQ and 9.2%, respectively.
• TotalEnergies’ average gas price realisation rose 8.3% QoQ, European refining margins surged by 68.2% QoQ, while LNG price realisation rose 4.6%.
• TotalEnergies’ hydrocarbon production rose 0.7% QoQ to 2.43 mboepd, as a 4.5% gas output increase offset a 2.4% oil production decline.

• AIG has completed efforts to reposition itself as a leader in the insurance industry
• The company has a renewed strategy for growth and improved financial performance
• A strong leadership team and clear vision for the future position AIG to deliver value for customers and shareholders

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.

• 2025 is off to a tough start. Our call on boring or scary price action seems to be holding up.
• Bitcoin remains boring and is range-bound between $106k and $91k.
• Altcoins have been scary, with the average sector down 25%+. Sector Performance for Jan 2025.

• Skyworks Solutions recently reported its first fiscal quarter of 2025, delivering results that met or surpassed expectations in key financial metrics.
• The company posted a revenue of $1.068 billion, with earnings per share of $1.60 and generated a free cash flow of $338 million.
• These results were slightly above the midpoint of guidance, reflecting successful revenue growth strategies, particularly across its mobile and broad markets segments.

• I have again taken a position in Atea Pharma (AVIR) .
• I wrote this up a little over a year ago and flipped it for about a 20% profit within a few months.
• I kind of forgot about it as I lost interest in these pharma special situations, but given recent events AVIR is too enticing to ignore.

• Coherent’s latest earnings report for the second quarter of fiscal 2025 illustrates a mixed set of outcomes, reflecting significant advancements in certain segments while highlighting ongoing challenges that the company faces in other areas.
• Revenue reached a record $1.43 billion, marking a 6% sequential and 27% year-over-year growth, driven by substantial progress in AI-related datacom transceivers and increasing demand in the telecom sector.
• This growth is a positive indicator of Coherent’s robust position in high-speed optical data communication markets, especially as they continue to expand their customer base for significant transceiver products like the 800-gig and invest in advancing their 1.6T transceiver applications.

• Crown Holdings, Inc. reported its fourth-quarter performance for the year 2024, demonstrating notable growth and operational improvements, albeit with some challenges.
• The earnings per share for the quarter reached $3.02, largely augmented by a significant gain from the sale of Eviosys.
• When adjusted, the earnings per share stood at $1.59, which surpassed the $1.24 figure from the comparable quarter in the previous year.

• EnerSys reported a mixed but promising outlook for their fiscal third quarter of 2025.
• Revenue increased by 5% year-over-year, reaching approximately $906 million, though this growth was mildly under expectations due to foreign exchange pressures, slower U.S. communication market recovery, and a disruption at a motive power customer’s facility in EMEA.
• A key positive for the quarter was the notable margin expansion driven by a strong price/mix across all business lines, operational improvements in Energy Systems, and contributions from the recent Bren-Tronics acquisition.

• Hologic, Inc. reported its first-quarter fiscal 2025 results, reflecting both positive operational efficiencies and some challenges impacting revenue streams.
• The overall revenue for the quarter came in at $1.022 billion, marking a modest 1% increase on a constant currency basis.
• Noteworthy is the impact of the stronger U.S. dollar, which reduced reported revenue by about $9 million.