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Stock Market Overview

Wed, May 8th, 2024
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Stocks Recover Early Losses on Strong Corporate Earnings


The S&P 500 Index ($SPX) (SPY) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.14%. 

US stock indexes this morning recovered from early losses and are slightly higher on some positive corporate earnings results. Vistra Corp is up more than +9% after reporting better-than-expected Q1 adjusted Ebitda.  Also, Arista Networks is up more than +6% after reporting stronger-than-expected Q1 adjusted EPS.  Lyft is up more than +8% after reporting better-than-expected Q1 gross bookings and forecasting Q2 gross bookings above consensus.

On the negative side, Uber Technologies is down more than -8% after reporting Q1 gross bookings below the consensus and forecasting weaker-than-expected Q2 gross bookings.  Also, Match Group is down more than -5% after forecasting Q2 revenue below consensus.   In addition, Broadridge Financial Solutions is down more than -4% after reporting Q3 revenue below consen... Read more

Why Shopify (SHOP) Stock Is Falling Today

Why Shopify (SHOP) Stock Is Falling Today

SHOP : 62.52 (-18.86%)
Why Rapid7 (RPD) Stock Is Trading Lower Today

Why Rapid7 (RPD) Stock Is Trading Lower Today

RPD : 37.93 (-17.18%)
Why Latham (SWIM) Stock Is Trading Up Today

Why Latham (SWIM) Stock Is Trading Up Today

SWIM : 3.70 (+23.75%)
U.S. Representative Maria Elvira Salazar Just Reported a Purchase of $CWEN stock

In a new disclosure filed today, U.S. Representative Maria Elvira Salazar reported the purchase of $15,001 - $50,000 of CLEARWAY ENERGY, INC. CLASS C COMMON STOCK, in a trade that took place on April 26....

CWEN : 24.90 (+0.44%)
Up 16% YTD, This Russell 2000 Energy Stock Still Looks Cheap

This small-cap energy stock is outshining the broader Russell 2000 in 2024, but still looks undervalued. Here's a closer look at Gulfport Energy Corporation, its significant year-to-date gains, and its...

$SREN : 710.73 (-0.12%)
$SPX : 5,190.93 (+0.06%)
GPOR : 154.43 (-2.03%)
IWM : 203.69 (-0.62%)
NGM24 : 2.180 (-1.22%)
CLM24 : 79.22 (+1.07%)
JPM : 195.53 (+1.97%)
BLK : 777.90 (-0.39%)
PIMCO Increases Bond Allocation Outside U.S. Amid Federal Reserve Inflation Concerns

PIMCO, the U.S. bond giant managing $1.9 trillion in assets, announced it is increasing its exposure to bonds in developed markets outside the United States due to potential complications arising from...

TLT : 90.16 (-0.64%)
SPY : 517.00 (-0.03%)
QQQ : 439.68 (-0.15%)
DIA : 390.45 (+0.44%)

52 Week New Highs & Lows

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Top 100 Stocks

(Sorted by Daily Weighted Alpha)

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Apparently you can buy a Pepsi and a Gold Bar in South Korean Vending Machines! That's neat 😂 https://t.co/AlYL9cOPm4
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2.5-year downtrend for Tesla $TSLA on the weekly chart, nothing but lower highs https://t.co/wTOPdg6caP
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Will the S&P 500 $SPX hit 5,500 this year?
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What stocks is this? https://t.co/vuYoH1nsWf
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Stock Market has now been in FEAR for 18 consecutive trading days 👻😱 https://t.co/WAydM4Rf8O
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A Boeing $BA 767 crashed into a runway during a FedEx emergency landing in Turkey. The front landing gear reportedly malfunctioned. https://t.co/cDBRH1AdyA
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Japanese Yen continues to fall against the U.S. Dollar - will another intervention be needed soon? https://t.co/rciPJwX0XD
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One out of every 24 New York City residents is a Millionaire 🚨 https://t.co/WSZB01khmx
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Housing Rental prices in the U.S. climbed 1.5x faster than wages over the last 4 years 👀 https://t.co/01C3QW7wUb
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