The fintech sector saw remarkable gains this week, driven by standout earnings results from companies like Upstart, Affirm, SoFi, and Bill Holdings, which surpassed market expectations. President Trump's financial deregulation plans, combined with the interest rate cut cycle, have created a positive sentiment for fintech companies, prompting investment banks to raise their ratings for these firms. The strong performance of these stoc...
Morning Movers Gapping up $罗斯百货 (ROST.US)$rallied more than 5.4% after beating earnings estimates by 9 cents per share and meeting the $5.25 billion revenue expectation. $Warby Parker (WRBY.US)$jumped 5.3% after an upgrade by JMP Securities to outperform from market perform, with an anticipation of more positive commentary from the management in future quarters. $Chewy (CHWY.US)$stock advanced more than 2.7% following...
The Wells Fargo equity team identified 14 high-conviction, catalyst-driven stock opportunities for the second quarter, including two Magnificent 7 names: Amazon and Tesla. The list, updated each quarter, indicates where analysts "see significant Q2 24 catalysts that could drive meaningful upside or downside." The list includes 10 Long (or Overweight) trades and 4 Short (or Underweight) trades: $亚马逊 (AMZN.US)$,$Annexon (ANNX.US)$, ...
$BILL Holdings (BILL.US)$ I sold most of my holdings on the high and the rest last week after it couldn't breakout over resistance. watchout for BILL going much lower is it close below 51.94.
Wells Fargo analysts expected more from the company's cost-cutting measures and believe dispelling the bear case will be a multi-quarter endeavor. The company's CEO acknowledged that the broader backdrop for small and medium-sized businesses remained challenging.
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