- U.S. Markets Surge – U.S. stock futures are surging higher after Meta and Microsoft reported better-than-expected quarterly results. Pre-market the major indexes are up nearly 1% and more. https://lnkd.in/gTyvUAEX.
- Microsoft & Meta Soar – Microsoft is up more than 8% pre-market on outstanding second quarter results. If that increase holds, it would be the second company with NVIDIA to reach $4 trillion in market cap.
- Meta Platforms Ltd is also knocking it out of the park. It’s stock is up more than 12% pre-market.
- Wingstop Earnings Boost – Wingstop Restaurants Inc. jumped 26% yesterday on improved earnings.
- Avis Budget Group Drops – Avis Budget Group dropped more than 15% yesterday.
- Peloton Gains – Peloton Interactive jumped nearly 19% on improved results and prospects. Who knew people are still using Pelotons.
- Astera Labs Rally – Astera Labs has surged 42% over the last month. It’s back to even year to date.
- Palantir’s Incredible Growth – Palantir Technologies is up more than 500% over the last 52 weeks.
Stocks Having a Rough Year
- UnitedHealth Group down 47% YTD.
2. RH down 47% YTD.
3. Novo Nordisk down 41% YTD.
4. Stellantis down 30% YTD.