3Q22 Earnings Updates: Part Two – SONY, NXST, DIS, ATVI, WMT, HD, and META Follow-Up

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Sony (SONY): SONY had improved results after a couple quarters of modest downward revisions.  2Q22 earnings came in ahead of consensus, and the company raised its guidance for FY22 which ends on 3/31/23.  Importantly, SONY’s games segment showed signs of stability as the post-pandemic shift in behavior that has reduced engagement appears to have runs […]

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Back to Large Cap Ahead of Significant Market Catalysts

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Northlake’s Market Cap model shifted from mid cap to large cap with the latest monthly update.  The Style model sticks at neutral for the fourth consecutive month.  The change to large cap is driven by technical and trend factors with external factors focused on the economy and interest rates already leaning toward large cap for […]

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