Market Insights: Navigating Market Turbulence
Market Recap: Wall Street's Rollercoaster Ride As the trading week unfolded, Wall Street encountered a series of ups and downs, reflecting the market's reaction to various economic indicators and earnings reports. In the initial session, investors grappled with anticipation surrounding the impending release of the Consumer Price Index (CPI). The Dow saw a slight uptick of 0.3%, while the [...]
High Volatility Stocks: What are the Most Volatile Stocks Today?
Understanding volatility is crucial for your investment success, as it influences not the risk profile of your investment but your return. What does volatile mean in stocks, though - and how can you spot volatility before making a trade? We’ll guide you through how to find volatile stocks today in this guide so you can feel confident harnessing the power [...]
Carvana Skyrockets 38% on Improved Earnings and Optimistic Guidance, But It’s Still Not Time to Buy
Carvana (CVNA) jumped 38% Friday morning after the online car retailer delivered a pleasant surprise in its Q4 earnings. While the company is still losing money, it’s slowly but surely becoming more profitable - and there’s reason to be optimistic about the road ahead. The company reported revenue of $2.4 billion, falling just shy of analysts expectations of $2.56 [...]
Nvidia Soars on 265% Revenue Growth, 804% Earnings Surge: Is There Still Room to Buy NVDA?
After losing its footing to start the week, Nvidia (NVDA) picked right back up where it left off after hours yesterday, soaring on news of another quarter of growth. The AI chip designer grew its top and bottom line, sending shares nearly 15% higher in the past 24 hours. The company delivered 265% revenue growth, posting $22.1 billion compared [...]
Earnings Season Negatively Impacts the Market
If you’re wondering what’s contributing to the volatility in the market, it’s more than just inflation data, geopolitical events, or tech domination; a macro impacter for the market is earnings season! With Home Depot reporting lower-than-expected numbers and investors waiting for Nvidia’s report pessimistically, earnings season is hitting the markets with a baseball bat. This time period comes with [...]
Is it Time to Sell Palo Alto Networks Stock After Guidance Cuts Sends Shares 25% Lower?
After starting the year strong, Palo Alto Networks (PANW) took a 25% dip yesterday after the market closed. The stock faced a sell-off after investors were warned that the company was rethinking its 2024 revenue forecast. The company is seeing its customers tighten budgets for IT security spending, which put a wrench in its forecast to bring in $8.15 [...]
