The Friday, October 20th Market Update was performed by Financials Analyst Max Oeser ‘25, Kathryn Duane ‘26, and Jacqueline Ryan ‘26. Jacqueline and Kathryn overviewed the Index Performances, FED Outlook, and impact of Hamas-Israel conflict on global markets. Max reviewed notable earnings from October 16th – October 20th, highlighting companies such as Tesla, Netflix, Goldman Sachs, and Bank of America.
Co-President Alex Hunter ‘24 held an Education Segment on Geopolitical Risk. Geopolitical risk in finance, recent examples of these risks, and the ways of hedging against geopolitical risks were discussed in depth.
Healthcare Analyst Grace Boghosain ‘25, Industrials Analyst Johnny Blazakis ‘25, and PR Chair Paraskevi Briegel ‘26 conducted a Biogen Pitch. Biogen is a leading global biotech company and developer of therapies for neurodegenerative and immunology disorders. The pitch went over growth trends, financial metrics, various risks, and the valuation, predicting a 19% upside. Driving factors included a strong balance sheet, beating earnings in the last 4 quarters, and growth through a combination of strategic acquisitions and cost cuts. After voting, the club elected to buy 80 shares at approximately $253 per share.