To The Moon

1. $Tilray Inc.(TLRY)$ +14.88%: reported a smaller loss and higher revenue Cannabis company Tilray Brands saw its 15% rise after it reported a smaller loss in the fourth quarter compared to the same period in the previous year. The company's revenue also experienced a significant increase, rising 20% to $184.2 million, surpassing the $153.3 million generated in the same quarter of the prior year and exceeding analysts' expectations. Adjusted EPS: $0 vs. -$0.043 Revenue: $184.2 mln vs. $152.77 mln Looking ahead to fiscal year 2024, Tilray forecasts adjusted EBITDA of $68 million to $78 million, indicating growth of 11% to 27% over fiscal year 2023. Tilray, a Canadian company, has been strategically positioning itself to become a major player in the U.S. adult-use cannabis market. The company's focus on expanding its presence in the U.S. market has likely contributed to its positive financial performance and stock market response. 2. $Boeing(BA)$ +8.72%: beat both top and bottom line Boeing reported better-than-expected results for the second quarter, primarily driven by increased commercial aircraft deliveries as the company ramps up production. Following the positive results, Boeing's shares surged nearly 9% to close at $232.80, the highest closing price since November 2021. During the period ended June 30, Boeing's adjusted loss per share was 82 cents, beating the consensus estimate of 88 cents, while its revenue reached $19.75 billion, surpassing the estimated $18.45 billion. Adjusted EPS: -82 cents vs. -88 cents. Revenue: $19.75 bln vs. $18.45 bln The company's performance was bolstered by generating $2.6 billion of free cash flow in the quarter, which exceeded analyst forecasts. Boeing also reiterated its full-year guidance of between $3 billion and $5 billion of free cash flow. 3. $Alphabet(GOOG)$ +5.59%: beat expectations from all aspects! Alphabet shares continue to rise 6% after the company reported better-than-expected revenue and profit, driven by growth in its cloud-computing unit. Adjusted EPS: $1.44 vs. $1.34 Revenue: $74.6 bln vs. $72.82 bln Due to expectations of a recession, the market has been expecting low about advertising revenue in the first half of the year. However, YouTube, which has been increasingly focusing on short videos, saw its advertising revenue reach $7.665 billion, a 4.4% year-on-year increase, exceeding the market's expected growth rate of 1%. Google Cloud's growth rate remains high compared to the industry, and for the first time since Q3 2021, its single-quarter growth rate surpassed that of Microsoft Azure. The company's profit margin reached a new high due to cost reductions and increased efficiency, with gross margins reaching the peak levels of 2021. The market believes that Google may capitalize on artificial intelligence (AI) earlier than Microsoft and monetize its AI advancements more effectively. 4. $XPeng Inc.(XPEV)$ +26.69%: options jumped 11000% on $Volkswagen AG(VWAGY)$ investment and partnership On Wednesday, Volkswagen revealed agreements aimed at strengthening its position in the Chinese market. Volkswagen brand and China's Xpeng Inc will develop two new VW brand models on the MEB platform at Volkswagen's technology center in Hefei. These new models, featuring Xpeng software on autonomous driving, are expected to be rolled out from 2026. As a result, XPEV stock price to soar 26%. The call options surged by a staggering 11,000%!