$Starbucks(SBUX)$’ recent quarterly earnings report painted a concerning picture as sales declined for the third consecutive quarter. Both revenue and earnings fell short of Wall Street’s expectations, with challenges in the U.S. and China—the company's two largest markets—pressuring results. The report, the first under new CEO Brian Niccol, highlights the need for a significant strategic shift if Starbucks hopes to regain its growth momentum and win back customers. For the fiscal fourth quarter, Starbucks reported net sales of $9.07 billion, down 3% year-over-year, and earnings per share of $0.80, missing analyst expectations of $1.03 per share. The weak performance marks a downturn from last year, where Starbucks earned $1.06 per share on $9.36

With $SoFi Technologies Inc.(SOFI)$ reporting a strong quarter and officially hitting profitability, some may find it surprising to see drop in its stock price. Despite beating earnings expectations, raising guidance for 2024, and showing rapid expansion in its member base and product offerings, SoFi’s stock has struggled to gain the traction one might expect given these fundamentals. However, I believe the recent market behavior has created an attractive entry point as SoFi continues to prove its value as a fintech disruptor, shifting from growth mode to sustainable profitability. In Q3 2024, SoFi achieved an EPS of $0.05 (diluted), beating expectations of $0.04, and an adjusted net revenue of $689 million. SoFi’s financials are trending positive

$Honeywell(HON)$ recently posted third-quarter results that fell short of revenue expectations, which, coupled with a downward revision of its full-year sales guidance, caused its stock to decline by more than 5%. Despite these disappointments, I see Honeywell as a potential buy opportunity for several reasons, especially around its support level at $206-$208. Honeywell reported $9.73 billion in revenue for Q3, an increase of almost 6% year-over-year. However, it fell short of analysts' expectations of $9.89 billion. What caught my attention was that Honeywell still managed to post adjusted earnings per share (EPS) of $2.58, which exceeded forecasts, underscoring its ability to drive profitability even when revenue lags. While it’s not ideal that t

$Tesla Motors(TSLA)$ continues to defy expectations, with third-quarter earnings exceeding Wall Street estimates even as revenue came in just shy of projections. Despite some challenges and skepticism around its valuation, I remain bullish on Tesla's long-term trajectory. Here’s why I think Tesla is still a solid buy, even with a high price-to-earnings (P/E) ratio. Tesla reported earnings per share of 72 cents, beating expectations of 58 cents, which demonstrates the company's ability to stay profitable in a tough economic environment. While revenue came in slightly below expectations at $25.18 billion versus the expected $25.37 billion, an 8% increase year-over-year in a challenging macroeconomic environment is nothing to scoff at. Net income als

$Peloton Interactive, Inc.(PTON)$ has been an interesting stock to watch, especially given its meteoric rise during the pandemic, followed by a steep decline as demand slowed and market conditions shifted. While Peloton’s partnership with $Costco(COST)$ is certainly an intriguing development and shows the company’s ongoing efforts to remain relevant, I remain skeptical about Peloton's long-term growth prospects. Peloton and Costco. Why I'm Cautious About Peloton's Long-Term Growth At its core, I believe Peloton faces a saturation problem. Much of its explosive growth during the pandemic was driven by people stuck at home, seeking out convenient fitness options. The company thrived during that time, and ma

As someone who’s always scanning for technical setups and key price action, both $U.S. Steel(X)$ and $Amazon.com(AMZN)$ have caught my attention recently. Each stock is showing some interesting chart patterns that could lead to strong moves in the near future. Here’s what I’m seeing in both names and why they’re worth adding to your watchlist. $X: United States Steel Corporation — Ascending Triangle Setup X Daily Chart United States Steel ($X) has been forming a classic ascending triangle pattern, which is typically a bullish formation. An ascending triangle occurs when the stock forms a series of higher lows while facing resistance at a horizontal price level. In this case, $X has been respecting an upper r

$Chipotle Mexican Grill(CMG)$ has long been a standout in the fast-casual dining space, and it remains one of the top 10 holdings in the $Consumer Discretionary Select Sector SPDR Fund(XLY)$. Despite its status, the stock's price movement has been relatively uneventful since its split in June. Given this lackluster performance, it's understandable why some investors might feel uncertain about the stock’s short-term trajectory. However, the recent slew of "buy" ratings and price target increases by analysts, such as Evercore ISI adjusting its target to $70, has reignited my interest in CMG, especially with its next earnings report just around the corner. First, let’s address the fact that CMG's post-split st

This article took a bit longer to complete as I carefully gathered the necessary information to ensure a comprehensive analysis. $Tesla Motors(TSLA)$’s highly anticipated robotaxi event, where CEO Elon Musk unveiled the Cybercab self-driving concept, has left investors deeply unimpressed. As a Tesla shareholder myself, I’ve come to expect that every product reveal, especially ones hyped as much as this, will be light on details and long on vision. However, this latest event was more disappointing than usual, and it appears that the market agrees. The 8% drop in Tesla’s stock following the event highlights a growing frustration with the company’s penchant for grand promises without clear execution plans. An image of Tesla's upcoming Robotaxi. To pu

Robotaxis are no longer a futuristic concept—they're here, and they’re sparking heated debate. As companies like $Alphabet(GOOG)$’s Waymo and $Tesla Motors(TSLA)$ race to dominate this space, public opinion remains sharply divided. While some embrace the convenience and innovation of driverless vehicles, others are skeptical, citing safety concerns and trust issues. Personally, I find myself torn between excitement for the technological breakthrough and the reality of the hurdles that still lie ahead. Waymo If I were to put my money on the current leader in the robotaxi space, it would be Alphabet-owned Waymo. The company is miles ahead, quite literally, with over 22 million driverless miles logged. Waymo

Bitcoin's price has been consolidating in a bullish flag pattern since March, suggesting that a breakout may be imminent. While the timing of this breakout remains uncertain, the underlying fundamentals for Bitcoin remain strong. Bitcoin Monthly Chart $Marathon Digital Holdings Inc(MARA)$ is a publicly traded company that mines Bitcoin. Its stock price has a strong correlation with Bitcoin's price, making it a potential proxy for investors seeking exposure to the cryptocurrency market. I am speculating that if Bitcoin's price appreciates to $70,000, MARA could potentially reach the mid-$20s. Several factors support a bullish outlook for Bitcoin: Institutional Adoption: Increasing institutional interest in Bitcoin as a store of value and a hedge ag

$NVIDIA Corp(NVDA)$'s CEO, Jensen Huang, has once again reiterated the strong demand for the company's latest GPU, Blackwell. This announcement comes amidst a backdrop of intense competition in the AI chip market, where companies like $Advanced Micro Devices(AMD)$ and $Intel(INTC)$ are vying for market share. Jensen Huang wih Nvidia hardware Huang's comments highlight the promising potential of Blackwell, which is already being deployed in data centers and industrial applications. The GPU's ability to handle demanding AI workloads positions Nvidia as a leader in the AI chip market. Nvidia's commitment to continuous innovation is evident in its annual updates to it