STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
Walmart jumps on strong quarterly results, creates investor optimism

Shares of the big-box retailer Walmart were up over 5% on Tuesday after the company announced better-than-expected results for the fiscal second quarter of 2023

Coinbase loses market share amid investors' crypto winter fears

Crypto giant Coinbase's market share fell from highs of 10.7% in January to 6.3% in July, a sign that the largest US cryptocurrency exchange is losing ground.

AMC stock witness sixth straight day rally amid market-growth optimism

As meme stocks came back into vogue by retail investors, spurred by the market's growing optimism, shares of AMC Entertainment Holdings climbed on Monday, on pace to complete a six-day winning streak.

Disney reports earnings surge and announces latest media-streaming move

Walt Disney on Wednesday reported its fiscal third-quarter earnings that beat expectations on the top and bottom lines and added more subscribers than projected to its flagship streaming video platform Disney+.

Micron invest in US chip manufacturing despite warning of demand slowdown

Micron announced Tuesday it would invest $40 billion over the next decade to manufacture chips in the US despite its latest comments citing a worsening market.

Amazon to acquire vacuum maker iRobot for $1.7 billion

Amazon and iRobot announced it is acquiring the Roomba maker for $61 a share in an all-cash deal valued at $1.7 billion, as Amazon pushes its presence in consumer robotics.

Beyond Meat reduces full-year forecast, cuts jobs amid slowing growth

The maker of plant-based burgers, Beyond Meat, cut its revenue forecast for the full year, saying that US consumers are responding to higher prices in grocery aisles by shifting from plant-based meat alternatives to cheaper animal protein products.

PayPal shares surge on strong quarterly results and confirmed Elliott stake

Shares of financial technology giant PayPal Holdings Inc. surged more than 12% in premarket trading Wendsday after the company announced better-than-expected second-quarter results and said it made significant progress in terms of capital efficiency.

eBay's luxury goods drives earnings beat, lowers full-year guidance

eBay Inc. reported second-quarter revenue that beat expectations and an upbeat profit outlook, evidence that a new focus on luxury items and collectibles is helping offset slowing sales and customer traffic.

5 Hottest stocks for investors in August 2022

The best and most reliable way of investing in stocks during volatile times is to invest in rock-solid businesses and hold them for as long as they remain that way throughout.‍ Thus, in an inflation-driven market, here are our top picks for August 2022:

Activision Blizzard beats revenue expectations despite weaker sales

On Monday, Call of Duty maker Activision Blizzard announced second quarter 2022 results that beat analysts' expectations on revenue but fell short on the bottom line as the industry contends with a slowdown from its pandemic-era highs.

Amazon stock surge over 12% on strong AWS sales and guidance

After a three-day bombardment of earnings reports from mega-cap tech companies last week, Amazon was the big winner, posting better-than-expected results that spurred a sharp rise in the stock on Friday.

Apple sees no slowdown in demand for iPhones despite grim economy

On Thursday, investors were encouraged by Apple's quarterly results that were "just good enough" to ease concerns about a strong dollar, inflation, chip shortages, and COVID-19 precautions in China.

Microsoft shares climb on double digit growth guidance

Driven by demand for cloud computing services, Microsoft Corp. on Tuesday forecasted revenue this fiscal year would grow by double digits in sales and operating income in fiscal 2023.

Walmart tumbles on surprise profit warning and new cut to guidance

In a surprise business update on Monday, Walmart revealed guidance for adjusted earnings per share to fall between 8% and 9% for the second quarter and around 11% and 13% for the full year, sending shares down 9% in U.S. premarket trading.

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