The Quarterly Review with Fexingo: Earnings, Reporting, and Performance Analysis for Businesses

On June 29, 2026, the Supreme Court ruled that President Trump cannot fire Fed Governor Lisa Cook for now. Lucas and Luna drill into what this means for earnings season: how central bank independence becomes a de facto factor in quarterly reports, why a single legal decision can shift market volatility expectations, and the one concrete number from today that signals a regime change for business p...

Lucas and Luna examine the rally in semiconductor equipment stocks during the week of June 29, 2026, and what it means for upcoming earnings reports. With the Nasdaq down 3.3% over five days but companies like ASML and Applied Materials holding firm, the hosts discuss how this divergence signals a shift in investor expectations. Lucas explains the relationship between memory chip demand, capital e...

The Nasdaq has dropped over three percent in the last week, but value and dividend stocks are holding steady — and even gaining. Lucas and Luna examine why boring dividend payers like Berkshire Hathaway and Bank of America are beating growth stocks in this market. They drill into the numbers: the S&P 500 at 7,354 is down 1.6 percent over five days, while the Dow is up 0.3 percent and the Russell 2...

Lucas and Luna examine how the ongoing memory chip shortage is creating a two-tier market: Apple and Microsoft can absorb the costs, but smaller semiconductor companies face an existential crisis. With the S&P 500 at 7,354 and the Russell 2000 barely moving, they break down the divergence using real data from June 2026. They discuss a recent CNBC headline about the memory shortage being an 'existe...

This episode dives into SpaceX's fast-tracked addition to the Nasdaq-100, announced on June 27, 2026, and what it means for index fund managers, ETF liquidity, and investors. Lucas explains the mechanics of quarterly index rebalancing, the forced buying demand from passive funds, and how a company not yet profitable at scale can become a top-ten holding in the tech-heavy index. Luna contrasts this...

Oracle stock plunged more than 20% in a week, its worst sell-off since 2001. The trigger? A wave of AI financing concerns that are reshaping how Wall Street values big tech's infrastructure spending. Lucas and Luna break down the specific numbers, what the sell-off tells us about the AI capex cycle, and why Oracle's business model leaves it more exposed than peers like Microsoft and Amazon. Plus:...

Lucas and Luna explore a subtle but powerful shift in corporate governance: as index funds become the largest shareholders in most S&P 500 companies, CEOs are spending more time courting passive asset managers like BlackRock and Vanguard than active hedge funds. Drawing on a new academic study and recent proxy voting data from the 2026 annual meeting season, the hosts discuss how this changes the...

Episode 75 of The Quarterly Review dives into the sharp divergence between the Nasdaq and the Dow in late June 2026. While the Nasdaq has dropped 4.4 percent in a week, the Dow is up 0.7 percent, and value ETFs like VTV have gained 1.8 percent. Lucas and Luna unpack what's driving this rotation—from Big Tech's stretched valuations to a quietly resilient consumer and a 3.5 percent jump in Bank of A...

On June 25, 2026, the U.S. Supreme Court dealt a major blow to Roundup cancer lawsuits against Bayer's Monsanto, capping claims that the federal label preempts state law. Lucas and Luna break down what this ruling means for Bayer's earnings outlook, its $10 billion litigation reserve, and the broader liability landscape for chemical and pharmaceutical companies. They explore how the decision could...

Lucas and Luna dive into the semiconductor earnings boom, anchored by SK Hynix’s blockbuster 12% surge and Nasdaq listing plans. They break down how the memory chip crisis has turned SK Hynix and Micron into tech’s new margin powerhouses, surpassing even Nvidia and Meta in profitability. The hosts connect this to the S&P 500’s recent 0.8% dip and the NASDAQ’s 2.1% weekly loss, questioning whether...

Pfizer shares dropped nearly 7 percent in five trading days through June 24, 2026, underperforming the S&P 500's modest decline. Lucas and Luna drill into the specific drivers: fading Covid product revenue, a weak pipeline update from the American Society of Clinical Oncology conference, and broader market rotation out of defensive pharma into cyclicals. They contrast Pfizer's struggles with a sto...

Pfizer stock dropped 5.1% in the five days ending June 24, 2026. Lucas and Luna dig into why Wall Street is spooked — not by a broken pipeline or a patent cliff, but by something trickier: the post-pandemic revenue base effect. They compare Pfizer's current trajectory to the 2023-2024 COVID comedown, examine where the company is investing its free cash flow, and ask whether the selloff is a buying...

Lucas and Luna explore a subtle but powerful shift in corporate America: as index funds become dominant shareholders, CEOs are spending less time on quarterly earnings beats and more on long-term strategy. Drawing on new research from Columbia Business School and the surprising 2026 proxy season data, they discuss how the rise of passive ownership is reshaping everything from capital expenditure t...

Lucas and Luna examine how the rise of index fund ownership is changing stock market volatility, using the recent pullback in the Magnificent Seven as a case study. With the S&P 500 at 7,473 and the Nasdaq down nearly 2% in the past week, they discuss how passive flows amplify moves in both directions. The episode drills into data from the Federal Reserve and BlackRock showing that index funds now...

While Big Tech stumbles and the S&P 500 drifts lower, bank stocks are staging a quiet rally. JPMorgan is up nearly 4% over the past five days, Bank of America is up 3%, and the S&P 500 is down 1%. Lucas and Luna dig into what's driving the rotation—higher interest rates, the Iran peace deal boosting loan demand, and a growing sense that the financial sector is finally catching up after years of un...

Lucas and Luna dig into a quiet but seismic shift in asset management: the rise of systematic, rules-based strategies that are squeezing traditional hedge funds. With the S&P 500 at 7,501 and the NASDAQ up 2.4% in the last five days, passive flows keep hitting records. But the real story is how quant-driven 'smart beta' and factor ETFs are capturing returns once reserved for active managers. Lucas...

Lucas and Luna unpack a surprising earnings signal hiding inside the $160 million opening weekend of 'Toy Story 5'. With the S&P 500 at 7,501 and real GDP growth creeping up to 1.6 percent, the media narrative says consumers are pulling back. But Pixar's record haul suggests something more nuanced. The hosts examine how entertainment spending often diverges from traditional retail data, what the b...

Lucas and Luna examine how the renewed Strait of Hormuz closure is creating a two-tier earnings season: energy stocks getting hammered while defense and logistics companies see upside. They dig into Exxon's 6.3% weekly drop, Chevron's 7.3% decline, and the broader market rotation that's leaving oil stocks behind. Plus, they discuss what this means for Q2 earnings guidance across sectors. The hosts...

The US budget airline model is running out of runway. Lucas and Luna unpack the structural pressures squeezing low-cost carriers: rising labor costs, aging fleets, and a post-pandemic demand shift that rewards full-service amenities over bare-bones fares. They zero in on Spirit Airlines and JetBlue—two carriers taking opposite tacks. Spirit's ultra-low-cost model faces fuel and wage headwinds, whi...

The global memory chip shortage has reached a boiling point, with one headline warning that 'even Apple can't be safe.' In this episode, Lucas and Luna break down how the crisis is reshaping earnings for semiconductor companies and the broader tech sector. They examine why DRAM and NAND prices have spiked, how memory-dependent firms like Samsung and SK Hynix are navigating supply constraints, and...

The memory chip market is in turmoil. DRAM prices have dropped 40% year-over-year, NAND flash is near breakeven for most manufacturers, and even Apple is reportedly feeling the pinch. Lucas and Luna break down what's happening in the semiconductor memory industry — from oversupply to demand collapse in consumer electronics — and what it means for the upcoming earnings reports of major tech compani...

Lucas and Luna drill into Dollar General's latest earnings report and what it reveals about the low-income consumer in June 2026. With real GDP growth at a modest 1.6% and the S&P 500 hovering above 7,500, the divergence between discount retailers and the broader market tells a nuanced story. They examine same-store sales trends, margin pressure from shrink, and the company's real estate strategy....

Lucas and Luna dissect the surprising 6.9% and 7.6% drops in Exxon and Chevron during a week when most markets rallied. They trace the catalyst to the reopening of the Strait of Hormuz after the Iran peace deal, and explain why the market is pricing in a structural oil glut that OPEC itself dismisses. The episode walks through the numbers: how crude prices fell, what it means for integrated oil ea...

In this episode of The Quarterly Review, Lucas and Luna break down how the U.S.-Iran peace memorandum signed on June 18, 2026, is already hammering oil stocks like ExxonMobil and Chevron, with both down over 4% in the last five days. They discuss why the IEA's forecast of a supply glut next year adds pressure, and how energy earnings expectations are shifting. Specifically, they look at how Exxon'...

Lucas and Luna examine JetBlue's strategic retreat from Newark and LaGuardia, announced June 17, 2026. They break down the airline's shift to focus on Fort Lauderdale, how network simplification can improve unit revenue and margins, and what this signals about the post-pandemic airline industry. Lucas uses data from JetBlue's recent investor day and compares it to earlier hub-and-spoke retrenchmen...