🚀 Get Ready for this Week's Earnings Stars!! Who Will Be the Next Rocket Ship??
Buckle up because we've got some hot stocks lined up for you: SHOP, MARA, OXY, and BABA! 🔥
Shopify ( $Shopify (SHOP.US)$ ) 🛒
📈 Market consensus predicts that Shopify's upcoming earnings report will be robust, with expected Earnings Per Share (EPS) of $0.28 and revenue of $2.15 billion, both marking significant growth compared to the previous year. 🚀
📈 Market consensus predicts that Shopify's upcoming earnings report will be robust, with expected Earnings Per Share (EPS) of $0.28 and revenue of $2.15 billion, both marking significant growth compared to the previous year. 🚀
Deutsche Bank states that Shopify's third-quarter performance is poised to surpass expectations. The recent surge in the company's share price is attributed to an increased risk appetite in the stock market. 📈 Additionally, the market reaction following the US presidential election has had a positive impact on its share price. Furthermore, the USMCA agreement concluded between Canadian Prime Minister Trudeau and the United States provides Shopify with a more stable trade environment, facilitating its future business expansion. 🌐
More importantly, Shopify's strategic shift has expanded its network and attracted large online sellers. This initiative not only enhances its market competitiveness but also generates additional revenue streams for the company. 💰
Technically speaking, SHOP is looking sharp with earnings this Tuesday. 91.50 is the high for 2024. Short-term gains aside, the chart hints at more potential. Expect some pullbacks, but the long-term setup remains intact. 📉📈
Mara Holdings ( $MARA Holdings (MARA.US)$ ) 🚀
📈 The company is expected to report a quarterly loss of $0.38 per share in its upcoming report, a year-over-year change of -660%, according to general market forecasts. Revenue is expected to come in at $148.14 million, up 51.4% from a year ago.
📈 The company is expected to report a quarterly loss of $0.38 per share in its upcoming report, a year-over-year change of -660%, according to general market forecasts. Revenue is expected to come in at $148.14 million, up 51.4% from a year ago.
Analysts are mixed, with analysts at Macquarie and Cantor Fitzgerald setting price targets above $20, suggesting strong growth potential for Marathon Digital. This reflects growing confidence in the company's operations and market strategy.💎
Increased Bitcoin Production: In September 2024, Marathon reported a 5% increase in bitcoin production, strengthening its operations. Additionally, the company's production increased by 28% in the first quarter of 2024 to 2,811 BTC compared to the same period in 2023.This productivity highlights Marathon's ability to effectively scale in a competitive market. Favourable Cryptocurrency Markets: With Bitcoin recently surpassing $67,000, the broader cryptocurrency markets are showing favourable conditions.✨
Technically, MARA is bullish above 16−17, driven by production efficiency and market tailwinds. Our target? 32−33, backed by positive analyst sentiment and operational achievements. 🚀
Occidental Petroleum ( $Occidental Petroleum (OXY.US)$ ) 🛢️
The oil and gas exploration and production company is expected to report quarterly earnings of $0.81 per share, a year-over-year change of -31.4% in its upcoming report, the market generally predicts. Revenues are expected to come in at $7.47 billion, an increase of 1% from the same period last year.
The oil and gas exploration and production company is expected to report quarterly earnings of $0.81 per share, a year-over-year change of -31.4% in its upcoming report, the market generally predicts. Revenues are expected to come in at $7.47 billion, an increase of 1% from the same period last year.
Analysts believe that Occidental is doing quite well, as Occidental's three-year average shareholder payout ratio is quite low at 3.9%. This means that the company retains 96% of its profits. As a result, Occidental Petroleum appears to be reinvesting profits heavily to grow its business, which is reflected in its earnings growth.💸
However, the weak momentum in OXY stock could be attributed to its increasing debt load from its recent acquisition of CrownRock. The company took on a significant amount of debt for the $12 billion deal, borrowing $9.1 billion and assuming another $1.2 billion of CrownRock's existing debt.
Technically, OXY seems to have found a solid base around $50, with yesterday's gap-up providing an early entry. Keep your eyes on key EMA crosses and support levels for further entries. 📉📈
Alibaba ( $Alibaba (BABA.US)$ ) 💻
Currently, the market is generally forecasting that BABA will achieve revenue of $240.37 billion in Q3, up 6.78% from the same period last year, and earnings per ADS of $11.07, up 2.76% year-on-year.
Currently, the market is generally forecasting that BABA will achieve revenue of $240.37 billion in Q3, up 6.78% from the same period last year, and earnings per ADS of $11.07, up 2.76% year-on-year.
JPMorgan pointed out that the core revenue and profit of Taotian Group will be affected by the impact of the macro environment leading to a reduction in consumer spending. However, Ali faces multiple positive factors in the coming quarters, including revenue growth from the incremental realisation policy launched in September, an increase in the number of active purchases following access to WeChat Pay, and capital inflows following its inclusion in the Hong Kong Stock Connect, which are likely to contribute to future growth.🌐
Notably, Alibaba repurchased US$4.1bn of shares in September, and in the past 2024 financial year, Alibaba has invested a cumulative US$12.5bn in buybacks, making it the number one Chinese stock in terms of buyback scale.💸
Technically, $91 is a sweet spot to buy, with key moving averages providing support. Stay vigilant for a breakout! 📈
With Chinese stock earnings reports to be released one after another, we can also pay more attention to these ETFs: $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ , $Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR.US)$ , $Roundhill China Dragons ETF (DRAG.US)$ , $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ , $KraneShares CSI China Internet ETF (KWEB.US)$ , $Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU.US)$ , $iShares China Large-Cap ETF (FXI.US)$ . Look for opportunities!
Now, before we wrap up, let's take a peek at what some of our community's top traders are up to! 👀 From their successful trades to insightful analysis, these pros are the real-life proof that with the right mix of fundamentals, technicals, and a bit of luck, you can navigate the markets with confidence. 📈✨
This dude regularly posts quality stock analysis, and look for him to be on MARA in a big way, @nerdbull1669 , MARA earnings are coming up, what's your action?
@103686177 BTC crossed 80,000! Can you share your investment plans for MARA?
@BoredApe333 It looks like you love Chinese stocks! What do you expect from BABA's earnings report this week?
Follow them! - - You might learn a few tricks to take your portfolio to the next level! 🚀
Last week, Trump's election sparked enthusiasm🔥, $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ all three major U.S. stock indexes hit new all-time highs. Like $Tesla (TSLA.US)$ , which rose more than 8 per cent and broke the trillion-dollar market capitalisation mark, and Trump's three-day cumulative gain of nearly 30 per cent since his election victory. $Trump Media & Technology (DJT.US)$ rose 15 per cent. $NVIDIA (NVDA.US)$ rose for five straight days.
Ten-year U.S. bond yields rallied nearly 20 basis points after Trump's victory, falling for a second straight day after the Federal Reserve cut interest rates, and two-year yields rebounded Friday, rising for a third straight week. The dollar index rallied to a four-month high. 📈
Bitcoin continued its surge during the weekend, at one point topping $80,000, a new all-time high.🚀
Besides keeping on these stocks, there are also ETFs related to the election and interest rate cuts worth checking out, like $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ , $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$ , $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ , $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ , $iShares 20+ Year Treasury Bond ETF (TLT.US)$ , $Vanguard S&P 500 ETF (VOO.US)$ , $Invesco QQQ Trust (QQQ.US)$ , $VANGUARD S&P 500 INDEX ETF TR UNIT (VFV.CA)$ , $ProShares UltraPro QQQ ETF (TQQQ.US)$ , $GraniteShares 2x Long COIN Daily ETF (CONL.US)$ , $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ , $Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US)$ , $Direxion Daily Small Cap Bull 3X ETF (TNA.US)$ , $SPDR S&P 500 ETF (SPY.US)$ , and $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ . Have you kept any of these on your radar before? Diversifying your investments can uncover even more opportunities for gains! 💸It's all about spreading your wings and exploring different avenues to grow your wealth! 🌈💼
Ten-year U.S. bond yields rallied nearly 20 basis points after Trump's victory, falling for a second straight day after the Federal Reserve cut interest rates, and two-year yields rebounded Friday, rising for a third straight week. The dollar index rallied to a four-month high. 📈
Bitcoin continued its surge during the weekend, at one point topping $80,000, a new all-time high.🚀
Besides keeping on these stocks, there are also ETFs related to the election and interest rate cuts worth checking out, like $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ , $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$ , $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ , $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ , $iShares 20+ Year Treasury Bond ETF (TLT.US)$ , $Vanguard S&P 500 ETF (VOO.US)$ , $Invesco QQQ Trust (QQQ.US)$ , $VANGUARD S&P 500 INDEX ETF TR UNIT (VFV.CA)$ , $ProShares UltraPro QQQ ETF (TQQQ.US)$ , $GraniteShares 2x Long COIN Daily ETF (CONL.US)$ , $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ , $Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US)$ , $Direxion Daily Small Cap Bull 3X ETF (TNA.US)$ , $SPDR S&P 500 ETF (SPY.US)$ , and $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ . Have you kept any of these on your radar before? Diversifying your investments can uncover even more opportunities for gains! 💸It's all about spreading your wings and exploring different avenues to grow your wealth! 🌈💼
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
TA fan | People overreact all the time and the chart helps us make use of that
1101Followers
37Following
1682Visitors
Follow
胡空 HuKong :
before read, good as always
胡空 HuKong : $MARA Holdings (MARA.US)$ Too fast bro, too fast
FiveHundredCents : MARA to the moon
nerdbull1669 : thanks for the mention, I just did an article on MARA earnings, their strategy to increase mining capacity before the Bitcoin price rally would put them in good stead.