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MarketBeat Week in Review – 8/5 - 8/9
A volatile week is ending with a whimper. All the major indices were bouncing between narrow gains and narrow losses on low volume and likely lower conviction. Investors are now awaiting the latest
The Cannabis Sector: Profitability Takes Center Stage
The cannabis industry has experienced significant change since its inception twelve years ago. Fueled by legalization trends and evolving social acceptance, this burgeoning sector has attracted
Amazon’s Stock Plunge: Is a Prime Buying Opportunity Knocking?
It’s not often you see a $1.75 trillion market cap stock drop nearly 20% in just two sessions, but that’s exactly what went down with Amazon.com Inc (NASDAQ: AMZN) this week. It was the biggest
Buy the Dip in e.l.f. Beauty: Analysts Point to a New High
Valuation concerns and slowing growth led e.l.f Beauty (NYSE: ELF) shares to fall following its Q1 release, but this is a buy-the-dip opportunity. The results were better than expected
Is Dell's Stock Plunge a Once-in-a-Lifetime Buying Opportunity?
Dell Technologies (NYSE: DELL), a household name in the computer industry, has recently found itself in a challenging position. With its stock price in a steep decline, falling nearly 50% from
Why Analysts Still Predict Double-Digit Upside for Mosaic Stock
Even after missing net income expectations and posting a net loss of $162 million in the past quarter, shares of Mosaic Co. (NYSE: MOS) still warrant a double-digit upside from where they trade
Novo Nordisk's Shares Go on a Rollercoaster Ride After Earnings
Novo Nordisk (NYSE: NVO) is the world’s second-largest pharmaceutical company, with a market capitalization of $538 billion. The Danish firm’s shares have performed well so far in 2024
Wall Street Predicts Zillow Stock Will Dominate in Performance
A broader market selloff, like the one seen in the S&P 500 earlier this week, triggered by the unwinding of a so-called ‘carry trade’ started in Japan, tends to bring down essentially all stocks
It's Too Soon to Buy the Dip in Weight Loss Drugmakers
Obesity drugmakers like Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO) were not immune to the broad market sell-off sparked by the June CPI report, but investors looking to get into these
Owens-Corning Stock: Good Value or Recession Red Flag?
A quarterly earnings beat hasn’t been enough to reverse the slide in Owens Corning (NYSE: OC) stock. In mid-morning trading the day after the maker of builder and construction materials delivered
Datadog Exceeds Q2 Expectations, Solidifies Market Leadership
Datadog (NASDAQ: DDOG) is a leading provider of observability and security solutions for cloud applications. Datadog’s earnings report for the second quarter of 2024 has once again impressed
Cybersecurity Stock Surges, Promising Double-Digit Gains
Fortinet (NASDAQ: FTNT) stock surged more than 25% following its Q2 release because it reached an inflection point. The company's lean into unified SASE and Security Ops resonates with
Energy Provider's Stock Skyrockets on Huge Q2 Earnings Beat
Duke Energy (NYSE: DUK) is in the utilities sector and is the third-largest electric utility company in the United States and Canada by market capitalization. The firm has outperformed its
Robinhood Stock Shows Why Shareholders Could Expect Higher Prices
Most market participants tend to overcomplicate the art of investing. Sometimes, it is as simple as finding a business with a somewhat strong moat (whether brand or product), strong and growing
Big 3 Music Giant Warner: Streaming Boom Sends Shares Higher
Warner Music Group (NASDAQ: WMG) is in the communication services sector and is one of the “Big 3” companies in the music recording and publishing industry, including Sony Music Group and
Alphabet Stock: Why Now's The Time To Be Greedy
After a stellar first half to the year, equities have been having a tough time of it since July. This is particularly true for tech companies, a handful of whom were largely responsible for the
Reddit Stock Confirms More Upside Potential for Upcoming Quarters
After the stock market started a brief sell-off this week, most market participants let their emotions get the best of their portfolios, either selling out of stocks that they should never let
Rivian is Heading Back to $10 or Lower: Here’s Why
Rivian (NASDAQ: RIVN) made progress on several fronts in Q2 and reached a pivotal quarter, at least in the eyes of its CEO. However, despite the good news, the stock price will return to $10 and
Shopify Stock Fires a Strong Buy Signal After Robust Results
Shopify’s (NYSE: SHOP) Q2 results prove it can navigate and thrive in a challenging environment. Highlights include outperformance in every metric, robust cash and free cash flow, and an outlook
Cathie Wood's Favorite Dips: Recent Stock Buys Revealed
Some investors have been worried about the recent sell-offs across the global stock markets. The so-called “Carry Trade” between currencies has been abandoned since the Bank of Japan recently
Celsius Stock Defies Market Sell-Off with More Upside Ahead
After a brief correction sell-off across global stock market indexes over the past couple of trading days, investors may be looking for places in the market where their capital might be safer
Oversold and Underloved, Disney is Ready to Rebound Strongly
The Walt Disney Company’s (NYSE: DIS) Q3 results and guidance are solid, leaving many questioning why the stock remains under pressure. The primary reason is a caution that economic pressures
What Are Bonds? A High-Level Overview
When you make a large purchase, like a house or an automobile, you often need to borrow money to balance your finances. Not everyone has a liquid $400,000 set aside for home ownership, but a more
Super Micro Stock Drops Sharply After Earnings on Margin Concerns
Super Micro Computer Inc. (NASDAQ: SMCI) stock is down more than 13% the morning after it delivered its fourth quarter and full-year 2024 earnings report. The curiosity isn’t why the stock is
Lyft’s First-Ever Profit, but the Outlook Is a Speed Bump
Lyft (NASDAQ: LYFT) released its second quarter 2024 earnings report, revealing a remarkable milestone. Lyft’s financial release shows that the company achieved GAAP profitability for the first

