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$NVIDIA (NVDA.US)$ is releasing its Q4 FY24 earnings on Feburary 21, after the U.S. stock market close. How will the market react to the company's quarterly results? Vote your answer to participate!
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● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!...
Rewards
● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!...
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Hi, mooers! A rush of earnings sweeps through the market this week. Which company are you most optimistic about?
On Thursday, $Meta Platforms (META.US)$, $Apple (AAPL.US)$, and $Amazon (AMZN.US)$ are releasing their quarterly earnings after bell. How will the market react to these companies' results? Let's make a guess!
An equal share of 3,000 points: For mooers who correctly guess the winner who makes the biggest gains in Frida...
On Thursday, $Meta Platforms (META.US)$, $Apple (AAPL.US)$, and $Amazon (AMZN.US)$ are releasing their quarterly earnings after bell. How will the market react to these companies' results? Let's make a guess!
An equal share of 3,000 points: For mooers who correctly guess the winner who makes the biggest gains in Frida...
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Asia stocks set for mixed open in countdown to Fed
Asian stocks are set for a mixed start Wednesday after the latest inflation data added to the case for tighter Federal Reserve policy, weighing on U.S. shares. The dollar rose with Treasury yields.
Australian shares slipped, futures for Japan fell and Hong Kong contracts were little changed. $S&P 500 Index (.SPX.US)$ and $NASDAQ 100 Index (.NDX.US)$ futures wavered. Technology shares led the drop on Wall Street as investors fret over reduced stimulus and sour on costlier parts of the stock market.
JPMorgan says it's OK if you're still in love with risky stocks
Investors should reconsider their affection for the safety of technology megacaps and start seeking out risky assets like beaten-down high-growth stocks and Chinese shares.
So says Dubravko Lakos-Bujas, $JPMorgan (JPM.US)$'s global head of equity research. "In the first half next year, assuming inflation shows signs of normalization, assuming the Fed ends up being more balanced and doesn't continue to move forward with tightening, which I believe the market is pricing in, and assuming the Covid situation starts to come back under control, I think you'll see a rotation from lower-beta megacaps into higher-beta."
New fund chasing day-trader favorites slammed by meme stock slide
The $ROUNDHILL MEME ETF (MEME.US)$ has fallen every day since its launch last Wednesday.
So far this week, $GameStop (GME.US)$ and $AMC Entertainment (AMC.US)$ have shed 15% and 16%, respectively. Meanwhile, the fund's top holding $Digital World Acquisition Corp (DWAC.US)$ -- the special purpose acquisition company taking former president Donald Trump's media company public -- is down 11%, bringing its losses to 23% since the ETF launched.
Elon Musk's stock sales could total $18 billion by the end of year
Elon Musk sold $906 million in $Tesla (TSLA.US)$ stock Monday. As of Tuesday morning, he has sold a total of 11.9 million shares, according to InsiderScore/Verity. Musk is making two kinds of stock sales — one to pay taxes on his compensation package and the other for straight cash-outs, or "to-pocket" sales.
Based on his 10% sale target, Musk will likely only sell another $5 billion before the year is out.
Dogecoin spikes more than 20% after Elon Musk says Tesla will accept it as payment for merch
Dogecoin skyrocketed more than 20% on Tuesday after Elon Musk said Tesla would accept it as payment for some merchandise. Musk has frequently talked up dogecoin, calling it his favorite digital coin and mentioning it in an appearance on "Saturday Night Live." Dogecoin hit a record-high price above 74 cents in May but has since plunged sharply.
Red-hot chip stocks are cooling
The $PHLX Semiconductor Index (.SOX.US)$, home to the likes of $NVIDIA (NVDA.US)$ and $Advanced Micro Devices (AMD.US)$, has gained 36% in 2021 after advances of more than 50% in both 2019 and 2020. That brings the three-year cumulative return including dividends to almost 250%, exceeding gains seen in any similar span of the late-1990s technology mania.
However, global growth in chip sales slowed in October to May levels and has been cooling for three straight months, industry show.
Adobe, Cloudflare lead plunge in cloud stocks after JPMorgan issues wave of downgrades on valuation concerns
JPMorgan analysts downgraded Adobe, Datadog, Cloudflare, Zscaler and other software stocks in an outlook report for 2022. "With rates climbing, this adds risk to higher multiple software stocks trading over 20 times revenue," the analysts wrote.
$Adobe (ADBE.US)$ fell almost 7%, $Cloudflare (NET.US)$ tumbled 9% and $Zscaler (ZS.US)$ was off almost 8%.
UK regulator says Google and Apple hold 'vice-like' grip on consumers
$Alphabet-A (GOOGL.US)$ and $Apple (AAPL.US)$ hold a "vice-like" grip over how people use mobile phones, Britain's Competition and Markets Authority said Tuesday.
The statement is a fresh warning to tech groups after the regulator stepped up scrutiny of the power they wield in a world increasingly lived online. It recently told $Meta Platforms (FB.US)$ it had to sell Giphy, the popular animated images platform it bought in 2020.
Source: Bloomberg, CNBC
Asian stocks are set for a mixed start Wednesday after the latest inflation data added to the case for tighter Federal Reserve policy, weighing on U.S. shares. The dollar rose with Treasury yields.
Australian shares slipped, futures for Japan fell and Hong Kong contracts were little changed. $S&P 500 Index (.SPX.US)$ and $NASDAQ 100 Index (.NDX.US)$ futures wavered. Technology shares led the drop on Wall Street as investors fret over reduced stimulus and sour on costlier parts of the stock market.
JPMorgan says it's OK if you're still in love with risky stocks
Investors should reconsider their affection for the safety of technology megacaps and start seeking out risky assets like beaten-down high-growth stocks and Chinese shares.
So says Dubravko Lakos-Bujas, $JPMorgan (JPM.US)$'s global head of equity research. "In the first half next year, assuming inflation shows signs of normalization, assuming the Fed ends up being more balanced and doesn't continue to move forward with tightening, which I believe the market is pricing in, and assuming the Covid situation starts to come back under control, I think you'll see a rotation from lower-beta megacaps into higher-beta."
New fund chasing day-trader favorites slammed by meme stock slide
The $ROUNDHILL MEME ETF (MEME.US)$ has fallen every day since its launch last Wednesday.
So far this week, $GameStop (GME.US)$ and $AMC Entertainment (AMC.US)$ have shed 15% and 16%, respectively. Meanwhile, the fund's top holding $Digital World Acquisition Corp (DWAC.US)$ -- the special purpose acquisition company taking former president Donald Trump's media company public -- is down 11%, bringing its losses to 23% since the ETF launched.
Elon Musk's stock sales could total $18 billion by the end of year
Elon Musk sold $906 million in $Tesla (TSLA.US)$ stock Monday. As of Tuesday morning, he has sold a total of 11.9 million shares, according to InsiderScore/Verity. Musk is making two kinds of stock sales — one to pay taxes on his compensation package and the other for straight cash-outs, or "to-pocket" sales.
Based on his 10% sale target, Musk will likely only sell another $5 billion before the year is out.
Dogecoin spikes more than 20% after Elon Musk says Tesla will accept it as payment for merch
Dogecoin skyrocketed more than 20% on Tuesday after Elon Musk said Tesla would accept it as payment for some merchandise. Musk has frequently talked up dogecoin, calling it his favorite digital coin and mentioning it in an appearance on "Saturday Night Live." Dogecoin hit a record-high price above 74 cents in May but has since plunged sharply.
Red-hot chip stocks are cooling
The $PHLX Semiconductor Index (.SOX.US)$, home to the likes of $NVIDIA (NVDA.US)$ and $Advanced Micro Devices (AMD.US)$, has gained 36% in 2021 after advances of more than 50% in both 2019 and 2020. That brings the three-year cumulative return including dividends to almost 250%, exceeding gains seen in any similar span of the late-1990s technology mania.
However, global growth in chip sales slowed in October to May levels and has been cooling for three straight months, industry show.
Adobe, Cloudflare lead plunge in cloud stocks after JPMorgan issues wave of downgrades on valuation concerns
JPMorgan analysts downgraded Adobe, Datadog, Cloudflare, Zscaler and other software stocks in an outlook report for 2022. "With rates climbing, this adds risk to higher multiple software stocks trading over 20 times revenue," the analysts wrote.
$Adobe (ADBE.US)$ fell almost 7%, $Cloudflare (NET.US)$ tumbled 9% and $Zscaler (ZS.US)$ was off almost 8%.
UK regulator says Google and Apple hold 'vice-like' grip on consumers
$Alphabet-A (GOOGL.US)$ and $Apple (AAPL.US)$ hold a "vice-like" grip over how people use mobile phones, Britain's Competition and Markets Authority said Tuesday.
The statement is a fresh warning to tech groups after the regulator stepped up scrutiny of the power they wield in a world increasingly lived online. It recently told $Meta Platforms (FB.US)$ it had to sell Giphy, the popular animated images platform it bought in 2020.
Source: Bloomberg, CNBC
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U.S. stock index futures were little changed during overnight trading on Monday after the major averages started the week in the red as Covid omicron fears hit sentiment.
During regular trading, the $Dow Jones Industrial Average (.DJI.US)$ slid 0.89%, or 320 points, while the $S&P 500 Index (.SPX.US)$ dipped 0.9%. The $Nasdaq Composite Index (.IXIC.US)$ fell 1.39% as investors rotated out of technology stocks with high valuations.
Shares of airlines and cruise line operators declined amid fears that the omicron variant could slow travel.
$Moderna (MRNA.US)$ $Bristol-Myers Squibb (BMY.US)$ $Pfizer (PFE.US)$ $MarketAxess (MKTX.US)$ $Incyte (INCY.US)$ $NVIDIA (NVDA.US)$ $General Motors (GM.US)$ $Align Technology (ALGN.US)$ $Devon Energy (DVN.US)$ $Hanesbrands (HBI.US)$
During regular trading, the $Dow Jones Industrial Average (.DJI.US)$ slid 0.89%, or 320 points, while the $S&P 500 Index (.SPX.US)$ dipped 0.9%. The $Nasdaq Composite Index (.IXIC.US)$ fell 1.39% as investors rotated out of technology stocks with high valuations.
Shares of airlines and cruise line operators declined amid fears that the omicron variant could slow travel.
$Moderna (MRNA.US)$ $Bristol-Myers Squibb (BMY.US)$ $Pfizer (PFE.US)$ $MarketAxess (MKTX.US)$ $Incyte (INCY.US)$ $NVIDIA (NVDA.US)$ $General Motors (GM.US)$ $Align Technology (ALGN.US)$ $Devon Energy (DVN.US)$ $Hanesbrands (HBI.US)$
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you give me the chance to have the feeling of fly to the moon !!!!
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$Affirm Holdings (AFRM.US)$ faster buy before too late!!
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$Affirm Holdings (AFRM.US)$ I haven't looked at this stock for a long time. Should I buy or sell it?
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