ETSY Inc
This e-commerce stock is undergoing a textbook ‘bearish-to-bullish reversal,’ according to the charts
E-commerce, online marketplace company Etsy (ETSY) , a Covid darling that crashed back to earth, is judged to be in the early stages of bottoming out. By our work, it qualifies as a “bearish-to-bullish” reversal buy. The path the stock has travelled the past five years is remarkable. A “10-bagger” from its 2020 Covid low […]
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Stocks making the biggest moves midday: Peloton, Super Micro Computer, Robinhood, Estee Lauder and more
Check out the companies making headlines in midday trading. Peloton — Shares soared 28% after the exercise equipment company posted better-than-expected results for its fiscal first quarter and raised its full-year profit outlook. Peloton also announced that Ford executive Peter Stern will serve as its next CEO starting January. Carvana — The used car platform […]
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Stocks making biggest moves premarket: Carvana, eBay, Microsoft, Uber Technologies and more
Check out the companies making headlines before the market open. Carvana – Shares surged more than 19% on the heels of a third-quarter earnings and revenue beat . For the period, Carvana earned 64 cents per share on $3.65 billion in revenue, above the 25 cents per share and $3.45 billion that analysts surveyed by […]
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EBay stock sinks after lackluster Q4 guidance, election distraction
A sign is posted in front of eBay headquarters in San Jose, California. Justin Sullivan | Getty Images Shares of eBay slumped about 9% in extended trading on Wednesday after the online marketplace issued guidance for the fourth quarter that fell short of Wall Street’s expectations. Here’s how the company did in the third quarter: […]
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Stocks making the biggest moves after hours: Microsoft, Meta Platforms, Starbucks, Coinbase and more
Check out the companies making headlines in extended trading: Microsoft — The technology giant added about 1% after surpassing Wall Street estimates on the top and bottom lines in the fiscal first quarter . Microsoft reported earnings per share of $3.30 on revenue of $65.59 billion, while analysts polled by LSEG forecast $3.10 in earnings […]
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Stocks making the biggest moves premarket: Goldman Sachs, Bank of America, Walgreens and more
Check out the companies making headlines before the bell. Bank of America — Shares moved 1% higher after third-quarter earnings and revenue topped Wall Street analysts’ estimates. Earnings came in at 81 cents, beating the 77 cents expected from analysts polled by LSEG. Revenue was $25.5 billion, versus the $25.3 billion consensus estimate. Johnson & […]
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Stocks making the biggest moves midday: Moderna, Uber, Boeing, Adobe and more
Check out the companies making headlines in midday trading. Moderna — Shares of the vaccine maker pulled back more than 3% following a downgrade to underweight from JPMorgan . The firm cited Moderna’s changes to its revenue forecast as a headwind to the stock’s performance moving forward. Oracle – The stock rose nearly 2% after […]
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Palantir soars 14% on software vendor’s inclusion in S&P 500
Alex Karp, CEO of Palantir Technologies, walks to the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 10, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares popped 14% on Monday and are trading at their highest since early 2021 after the announcement late […]
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Stocks making the biggest premarket moves: Boeing, Dell, Merck and more
Check out the companies making the biggest moves in premarket trading: Boeing — Shares jumped 4% after the aircraft maker reached a deal with a union that represents its factory workers, potentially avoiding a costly strike. MarineMax — Shares jumped 6% after Citi upgraded shares to buy from neutral. The firm highlighted the upside of […]
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Shopify shares soar 22% after earnings top expectations, company gives upbeat forecast
The Shopify logo is pictured outside the The Well building on Spadina Ave. in Toronto. Lance Mcmillan | Toronto Star | Getty Images Shares of Shopify popped as much as 22% in early trading Wednesday after the Canadian e-commerce company topped expectations for the second quarter, citing strong demand despite “a mixed consumer spend environment.” […]
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