michelcarroll/llama2-earnings-stock-prediction-fine-tune huggingface dataset:
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Sure. Hey, Will, a great question. My entire career has leveraged the channel throughout. There's a multiplying effect of the channel. And Rodolfo, Jay, all come from that heritage in terms of really understanding the power of the channel and what it brings. We can hire x amount of feet on the street ourself. But when we have the channel behind us, that gives us real momentum. And since I came on board last July, working with Rodolfo and Joy and Jay, we've now started to really emphasize that channel focus, particularly in the top of small through mid and into enterprise. The Vonage Accelerate program is really important. It's a concept of more for more. As our partners deliver more opportunities together with us and we win in the marketplace, there's benefits for everyone. And we've created a technical back architecture to support that growth. The portal is much improved.
All of the technology is improved. The documentation is improved. And you'll see we continue to roll that out from April across all of the next three quarters to enhance that program. Customers -- I mean, partners can now track from a lead all the way through to quote to cash. This is a big change. And the feedback that we're getting from them is really positive. They want us to win. They want us to be a strong leader in the space, and they can see the differentiated approach that we're taking. We believe in the channel, we value the channel and so do our customers. You're going to see this improve. It's already over 50% of our pipeline volume in the UC and CC space, and it's only going to continue. I don't know, Jay, do you want to add any additional color there?

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Well, yes, obviously, it's going to be dependent on what that recovery cadence looks like for us and for the industry. And so it's hard to know. But right now, I would say that we're still at least a couple of years out from being a cash taxpayer.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Good morning, Kody. Thank you.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. But again that liquidity is with us. It kind of goes out of one pocket and into the other, right? I mean effectively what you end up giving up is the run rate yield on it. So, that is a headwind to our total net interest income. And again, this is where it gets tricky, right? At what point to those balances -- you can think of the PPP program and the loans as being non-core, but if the loans pay down and are forgiven for the most part at what point do you start to consider the excess liquidity non-core versus core? So, it's challenging to talk about the way we used to talk about dynamics in net interest margin.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah. So the core segment since the beginning of the pandemic, I have been -- that was information that I brought to you all that the core has been very resilient. And we've been really reorganizing our portfolio, creating the core plus segment, really launching pack innovation and different packs on the core segment. And after years of volume decline, our core segment was really marked by resilience with Brahma, Skol, and Antarctica families growing by high single digits.
So this is the combination of the RGB 300 ml bottles that we are really focusing during the pandemic as the pack that moms and pops and bars can do the delivery, can do the takeaway. So it's an important part that's really accelerating the core brands. And on top of that, the normal price strategy that we have been following. So core brands really bounced back.
On top of that, the core plus segment, there is Brahma Duplo Malte. That's Bohemian. They are really on fire.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Look, it's hard to predict exactly what the numbers are going to be. When we announced the internalization, we said that we were anticipating, kind of, $30 million to $35 million run rate of expenses. Excluding the non-cash equity comp, I would say that the non-cash equity comp has been running somewhere around $5 million to $5.5 million a year. It may go up a little bit this year. So I think we're probably on the ballpark, but there will be some obviously variability on that.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
I would say, broadly speaking, no, but an important point there on SLR, we obviously -- the levers we have are issuing preferreds. We can retain more common. But we're also working closely with wholesale clients in a very selective way, as I mentioned, to find alternatives for excess deposits. So it is true that common is one of the levers, although I will say that while it might give us more flexibility, it comes at a much greater cost.
So at this point, given what we know and what we expect, we don't expect that we would have to retain more common. We think we can manage this through issuing more preferreds and working closely with our clients to find alternatives. So I would say, broadly speaking, no. The G-SIB constraints, as we've been saying for years now, is one that will become increasingly challenging for us.
And now particularly with the expansion of the system, it's even more challenging than perhaps it was just a few years ago, but we're managing through that as well.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Thanks John

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
I see no reason. You know, it's -- but here is why. It's not that we're raising prices on F&I, it's that the adoption rate of our products is going up and up per transaction, and every year it goes up, because we improve the products, we improve the price value for our customers and we improve our skills at presenting them to customers. So I think that continues.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
So I mean, I think what we can do for purposes of doing by segment, John, is kind of give where we expect to be top line growth for the whole year, right? We don't give quarterly guidance, and I think we already have, obviously, the first half. But as it relates to Merchant Acquiring, I mean, our expectation is given, obviously, the range, we'll be kind of in the high-teens to low-20s in terms of where that segment will be. When we look at payment in Puerto Rico, we would expect that to be in the high-teens for the full year. Lat Am, we would also expect that to be high-teens, low-20s. And then in the Business Solutions segment, we expect that still to be kind of low single digits. I mean as we go into the second half in Business Solutions, we do have the headwind of the Department of Education contract, which was, again, about $4 million in Q3, and that was pretty significant to both the top line and EBITDA because of how we recognize it net of expenses. So it was a pretty good contribution to margin. And so at a high level, that's kind of the breakdown of the different segments.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
No policy on the maximum, Andrew. So as you can see we don't have a lot to pay down on the liability side of the balance sheet. We've only got a $120 million, I think, it is outstanding with FHLB. Certainly on the deposit cost side of things, anything high cost we're running out of the bank.
So I think what you'll see over the next quarter, you'll probably see is holding less cash and we'll probably put a little bit more money to work in the securities portfolio this quarter while yields aren't exciting. It's better than getting 15 points at the Fed. So I think from a mix perspective, that's what you'll see over the next quarter.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Pleasure.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Okay. Thank you.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Thank you [Indecipherable] to be here. Simple question, and it's, where to from here? So not next month, not next quarter, but more over the medium term. You flagged the $1.5 billion adjusted EBITDA in '21, which, I mean, definitely is possible, almost double that of 2019. But if I think about the tailwinds, it looks like volumes have some room to go, pricing will become an incremental headwind just of this record high in the U.S. and fleet costs were raised, but International looks like it can improve overall. So I just want to make sure, does this match up with the way you guys are thinking about it internally? And just your views around how the business can be a bit less cyclical, medium to longer term? Thanks guys.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Of course, Jeff. Mid-single digit growth is the expectation for Market Intelligence and Platts, and a mid-to-high single-digit revenue growth expectation for the index business. And then on an enterprise basis, mid-single digit for this year.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
You're very welcome.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
I think we're doing what we're doing and it is a little different than what we were doing.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. We anticipate, provided everything kind of stays consistent here, that we'll continue to see decreases here over the next several quarters. I don't anticipate any significant change with respect to the absolute change, net change, quarterly change. So I think we've probably got more to go, call it, through next year. And it's just the way our modeling works. So it's a slow and steady kind of operating mode.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. Just to give you some color on SV7. As I mentioned in my prepared remarks, we're excited to see where SV8 has come and reaching 98% occupancy. And as I've mentioned in prior calls, I think it's important to take a look at the campus overall as to how we manage space and try to drive efficient use of that and maximizing shareholder value throughout the campus. So as we have now filled up really all of SV8, we now turn to the remaining larger spaces that are available, including SV7 and look to populate that with customer demand. So the pipeline still is encouraging in the Santa Clara market. And without saying too much, we're -- I think we're well positioned. So that's where I'd just leave SV7. And I guess as far as SV9 is concerned, Paul, I don't know if you wanted to mention anything around SV9?

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes, we have seen growth in nontransaction by all the underlying components. So that's the reason why you saw such a strong growth in the nontransaction this quarter. So let me expand a bit on that. So one component is new entity credit ratings. It's about 1/3 of the overall growth in nontransaction that came from new entity credit ratings. Another 1/3 of the growth came from surveillance, and that's being helped by the larger number of bonds outstanding based on the surge of issuance last year. And then the rest is a buildup of Ratings Evaluation Services driven by the M&A, the positive M&A environment that Doug already explained, program fees. And also the CRISIL results were very strong this quarter. So you could say all the underlying components were really pointing to a positive direction. What I can say is in terms of outlook for the full year for nontransaction, we are now expecting high single-digit growth in this category.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes, exactly. And with their large start [Phonetic], regarding Cisco transition, frankly we couldn't have planned it any better. As I mentioned in the call, we've met all our backfill targets with a richer mix of programs, aka hardware platform solutions. And frankly, it's a lot more aligned to our strategy and capabilities. And on top of that, we've had strong demand from our base business. And when we look at the utilization in Thailand, where the fiscal businesses performed, it's quite strong and driven by a solid mix of HPS products.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah. I think we've talked about this in the past. The good news is our value proposition is I would say top top-tier and so that gives us a lot of flexibility on how we price and when we price. We've taken a very conservative approach on it. We've been more in that 1% to 2% range on an annual basis. I think Jack's talked about this. That usually offsets any labor inflation that we deal with, so I think we're in a really strong situation, both from a brand value proposition and then the ability to attract and retain people with our employee value proposition.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
No. Unfortunately, it is a very pure, blinded, randomized trial. So because it's only six months, and we know six months of therapy is well tolerated in these patients, there is no safe -- there's always safety, but there's no potential to stop the trial unless something terribly untoward happens. So we think that's why we like a six-month trial.
Remember, almost everybody else is 18-month trial. So looking for something halfway through makes some sense because you're looking for something at nine months. We'll have our results before them.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. No, thanks for the question, C.J. I expected this one pretty quickly in the call. Listen, when I look out over the next quarter, there's challenges in the supply chain. And some of those challenges, as we work to mitigate them, requires incremental spending. When I look at what happened in June and what happened in September, maybe the incremental downtick in gross margin is primarily a result of that. So that's one thing to kind of put in the quiver there a little bit to think about it as we go forward. We'll work our way through that. It will get better over time. It will also get better over time, as you rightly asked about, as we ramp Malaysia now. Right now when I look at Malaysia in the September quarter, it's not a benefit to gross margin because we're too early in the ramp of that facility. You've got the fixed costs sitting there and you got start-up costs. So that actually is driving a little bit of a headwind right now, too. And over time, that headwind will shift to a tailwind as we get the benefit of the Asia-based cost structure. So I look forward. We've got a trajectory on gross margin that will get better over time. And really right now, we're just dealing with the supply chain as we work to mitigate some of the challenges that we see out there.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Have a reserve for annually. Yes. Yes.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. Erica. Gross margin of about 58% for fiscal year '22.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Right. Thank you.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. This is Tom Mason. That's exactly right. We're going to work through that process of providing additional information to the FTC, the second request, but you're exactly right.
We don't expect a divestiture or consent decree that would limit some kind of operational issue.

    Prediction (one of UP, DOWN, SAME): UP