To The Moon

Google parent Alphabet reported revenue and earnings for the first quarter that topped estimates. The stock jumped over 4% in extended trading before paring its gains. Let's see what happened.Let's look at Google's earnings reportThe company's revenue for the period reached $69.787 billion, an increase of 2.61% year-over-year, beating analysts' expectations of $68.9 billion; earnings per share reached $1.17, exceeding analysts' expectations of $1.07.Google reported core advertising revenue of $54.548 billion, down 0.2% year-over-year, in the third quarter since the company went public;Revenue from YouTube ads: $6.69 billion, exceeding analyst estimates of $6.6 billion;Revenue from Google Cloud: $7.45 billion, beating analyst estimates of $7.49 billion;The Traffic Acquisition Costs (TAC) we

Luxury goods giant $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ is the first European company to surpass $500 billion in market value. Shares of LVMH have risen more than 20% since 2023. The family of LVMH's president is the latest to be crowned the richest in the world by Forbes. In recent years, luxury giants represented by LVMH, Kering, and Hermes International have seen high revenue growth, with the Asian market becoming a major consumer.Strong growth in luxury goodsThe parent company’s brands include Louis Vuitton, Moet & Chandon, Hennessy, Givenchy, Bulgari, and Sephora. And its 17% rise in first-quarter sales more than doubled analyst estimates. That, plus a profit from recurring operations of 21.1 billion euros, marked its second consecu

Luxury goods giant $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ is the first European company to surpass $500 billion in market value. Shares of LVMH have risen more than 20% since 2023. The family of LVMH's president is the latest to be crowned the richest in the world by Forbes. In recent years, luxury giants represented by LVMH, Kering, and Hermes International have seen high revenue growth, with the Asian market becoming a major consumer.Strong growth in luxury goodsThe parent company’s brands include Louis Vuitton, Moet & Chandon, Hennessy, Givenchy, Bulgari, and Sephora. And its 17% rise in first-quarter sales more than doubled analyst estimates. That, plus a profit from recurring operations of 21.1 billion euros, marked its second consecu

KEY POINTSA recent downturn has pushed Tesla's market cap below Berkshire Hathaway, but the world's

Institutions short $Consumer Discretionary Select Sector SPDR Fund(XLY)$ again:buy$XLY 20230915 145.0 PUT$sell $XLY 20230915 95.0 PUT$Institutions bought 4,000 puts with a strike price of 145 and sold 20,000 puts at 95.Yesterday's article wrote that a basket of stocks bought by XLY may be the source of the decline. As the chart shows, the top 10 holdings are as follows:Both Amazon and Tesla could be the trigger for a pullback, but I didn't expect an answer so soon: Yes, Tesla is leading the way again! How far will the correction go? There was a lot of buying at the open today on the

Google parent Alphabet reported revenue and earnings for the first quarter that topped estimates. The stock jumped over 4% in extended trading before paring its gains. Let's see what happened.Let's look at Google's earnings reportThe company's revenue for the period reached $69.787 billion, an increase of 2.61% year-over-year, beating analysts' expectations of $68.9 billion; earnings per share reached $1.17, exceeding analysts' expectations of $1.07.Google reported core advertising revenue of $54.548 billion, down 0.2% year-over-year, in the third quarter since the company went public;Revenue from YouTube ads: $6.69 billion, exceeding analyst estimates of $6.6 billion;Revenue from Google Cloud: $7.45 billion, beating analyst estimates of $7.49 billion;The Traffic Acquisition Costs (TAC) we

$First Republic Bank(FRC)$ plummeted to an all-time low in Tuesday’s trading session. The price per share hit an all-time low of $8.10 as the markets closed.It was driven by the latest earnings. Although the bank’s EPS in the first quarter topped analysts’ estimates, its deposit flight was worse than what analysts had estimated, plunging 41% to $104.5 billion, missing the estimates of $145 billion.Everyone is preparing for an imminent bankruptcy?The White House is expressing concerns about whether it has the capacity to find a solution for First Republic Bank's insolvency.The rescue plan for First Republic Bank did not succeed. The bank suspended its dividend and its shares continued to slump, raising speculation about the bank's future as a s