Author: Ryan Waugh
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Market Update into January 27th: Fresh New Highs
Last week’s tame inflation data sparked a market reversal, and this week, the risk-on momentum only gained strength. Megacap stocks took the lead, driven by NFLX’s blockbuster Q4 2024 earnings, reporting a record-breaking 18.9 million new subscribers. Adding to the bullish sentiment, President Trump’s inauguration on Monday fueled a rally, with markets anticipating a wave […]
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Market Update into January 21st: Buyers Step In
Last week, we noted that the large-cap stocks remained constructive despite a week of losses, and this week bulls were able to find their footing. Following a tame December PPI and CPI print, we saw a significant move higher across the board. Notably, the Russell 2000 led the charge, raising an important question: Are traders […]
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Make the Market Call You Daddy 👔 2024 Fathers Day Special
Hello, traders! Here’s to the grill masters of the market and champions of the dad joke — Happy Father’s Day. This year, TrendSpider is turning up the heat with a Father’s Day sale that’s so good, even your dad’s dancing can’t scare it away. Details below: In honor of all the pun-slinging, lawn-mastering dads […]
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Apple’s Q1 Earnings: Steady Growth and Record EPS
Record Revenue and EPS Growth Apple has unveiled its financial outcomes for the fiscal first quarter of 2024, ending December 30, 2023, showcasing a revenue increase to $119.6 billion, up by 2% year over year. The quarterly earnings per diluted share rose significantly by 16% to $2.18, indicating robust profit growth. Milestones and Innovation CEO […]
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Meta Announces Quarterly Dividend
Strong Revenue and Profit Growth Meta’s financial results for the fourth quarter and full year of 2023 showcase significant growth. The tech giant reported a 25% year-over-year increase in quarterly revenue, reaching $40.11 billion, and a 16% increase for the full year, totaling $134.90 billion. This surge led to a dramatic 201% increase in net […]
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Amazon’s Robust Q4 Caps a Stellar 2023
Impressive Sales Growth Amazon.com, Inc. reported a significant surge in its fourth quarter financials for 2023, with net sales climbing 14% to $170 billion, up from $149.2 billion in the same quarter the previous year. This growth was consistent across its major segments—North America saw a 13% increase, International sales rose by 17%, and AWS […]
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Microsoft’s Q2 Earnings: Cloud and AI at the Forefront
Microsoft Cloud Fuels Growth: Microsoft Corp. has announced a remarkable growth in its second quarter of fiscal year 2024, with revenues reaching $62.0 billion, an 18% increase year-over-year. A significant driver of this surge is Microsoft Cloud, generating $33.7 billion, marking a 24% rise. This growth emphasizes the company’s successful transition to cloud-based solutions and […]
Market Update into February 3rd: Holding Higher Lows