Barcode
07-23

$Alphabet(GOOGL)$ $Alphabet(GOOG)$ $Microsoft(MSFT)$ $NVIDIA Corp(NVDA)$ 

Kia ora Tiger traders,

Tech Titans Take the Market by Storm! 🌪️

Hold onto your hats, traders, because today’s market was a whirlwind of excitement! Our tech giants took center stage and delivered a blockbuster performance:

Tech Extravaganza:

- Microsoft ($MSFT) strutted its stuff, up 1.33%. 💼✨

- Nvidia ($NVDA) lit up the scene, soaring 4.76%. 🚀💚

- Google ($GOOG) and Meta ($META) both scored over 2% gains. 🌟💻

Tesla Turbo Boost:

Tesla ($TSLA) zoomed ahead by 5.15% as investors eagerly await tomorrow’s earnings. Elon Musk teased the rollout of humanoid robots next year, sparking wild excitement. 🤖💥

China’s Surprise Move:

China dropped a rate cut bombshell! This unexpected twist aims to kickstart growth after recent stimulus plans fell flat. Talk about shaking things up! ✂️💣

Merger Madness:

Tiny natural gas player Tellurian exploded nearly 70% on news that Woodside is snapping it up for $900 million. This deal is set to widen Woodside’s U.S. horizons. 🤝🔥

Earnings Extravaganza:

- Ryanair nosedived with profits plunging 46% YoY, dragging down its European airline buddies. Despite this, it’s launching its biggest schedule ever. Can they turn it around? 🛫😬

- Delta Airlines is still grounded with tech troubles thanks to CrowdStrike’s global outage. Over 1,300 flights hit turbulence. Not cool, Delta! ❌✈️

Market Movers:

- Mattel ($MAT) soared 15% on whispers of a buyout by L Catterton. Toy story, anyone? 🎱🚀

- CrowdStrike ($CRWD) took a 13% nosedive as the market weighs its post-outage future. Ouch! 😰🔻

- NXP Semiconductor ($NXPI) slipped 8% in late trading after missing earnings marks. 🏭🔻

Hot Stocks:

- SentinelOne ($S) +6.72% 🔥

- Cassava Sciences ($SAVA) +27.28% 💥

- Disney ($DIS) -1.68% 🎢

- ServiceMaster ($SERV) +16.16% 🛠️

- Rolls-Royce ($RR) -6.80% 🏎️

- MicroAlgo ($MLGO) -10.49% 📉

Closing Numbers:

- S&P 500: 5,564 (+1.08%) 📈

- Nasdaq: 18,008 (+1.58%) 🚀

- Russell 2000: 2,221 (+1.66%) 🌟

- Dow Jones: 40,415 (+0.32%) 📊

All 👀 on $Alphabet(GOOGL)$ 

Today is a crucial day for Google ($GOOG) with its earnings report on deck. Historically, Google has seen a dip at the market open before spiking later in the day. This pattern was notably observed in 2023, so keep a close watch for potential buying opportunities if history repeats itself. If the earnings are good, we’re likely to see a big gap up on the Nasdaq (NQ) and the S&P 500 after the market closes. 🌟📈

Analyst Consensus:

• Average Price Target: The average 12-month price target is approximately $193.50, indicating a potential upside of about 6.5% from the current price .

• High Estimate: The highest price target is $240, suggesting a potential increase of over 32% .

• Consensus Rating: The majority of analysts have a “Buy” rating for Alphabet, with expectations of moderate gains driven by strong earnings growth and revenue increases .

Expected Performance Post-Earnings:

Given the recent data and sentiment:

• Likely Scenario: Alphabet’s stock is expected to close within the range of 0% to +5% following the earnings report. This aligns with the market’s cautious optimism and the strong growth trajectory expected from Alphabet’s various business segments.

Market Sentiment:

• Positive Outlook: Growth in AI and cloud services, combined with consistent earnings performance, supports a positive outlook.

• Recent Developments: Despite recent challenges, such as the failed acquisition of Wiz, the company’s overall strategic positioning remains strong .

Seasonal Weakness Alert:

Historically, late July and August can be tricky for the market. While the first half of July is often bullish, the latter half tends to see a slowdown. Fun fact: Since 1928, July 3rd has been the best day of the year for the S&P 500, but the second half of the month can be a different story, so stay vigilant! 🌞📉

Buckle up, traders! Earnings season is in full swing, and the market is buzzing with energy. Keep your eyes peeled for more electrifying twists and turns!

Happy trading ahead! Cheers, BC 🍀

Sources:

- [NerdWallet](https://www.nerdwallet.com)

- [Markets Insider](https://markets.businessinsider.com)

- [Equity Clock](https://www.equityclock.com)

@TigerGPT @MillionaireTiger @CaptainTiger @Daily_Discussion @TigerOptions @Tiger_comments @TigerStars @Tiger_Earnings @Tiger_AU 

Alphabet's Ad Revenue Misses: A Bottom Chance?
Alphabet Inc. reported Q2 revenue of $71.36 billion, surpassing the $70.7 billion analyst estimate, driven by cloud services and search engine ads. Net income was $1.89 per share, beating the $1.84 estimate. But the company reported a slowdown in advertising sales growth in the second quarter, triggering an after-hours selloff of its shares of about 1.5%. ---------------- How will Alphabet's ad misses imply for other companies? Like Meta and Snap? What's your target price for Alphabet? Is it a good bottom chance as the company beats the most indicators?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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