Costco’s stock price has seen a significant increase recently, and there are several reasons behind this rise to $820: Strong Sales Performance: Costco posted net sales of $19.8 billion for April, up 7.1% from $18.48 billion in the year-earlier period1. Net sales for the fiscal 35 weeks were $166.44 billion, up 7% from $155.62 billion a year earlier. Shift in...
Unpacking Alibaba’s Stock Rise to $89.94 Alibaba, the multinational conglomerate specializing in e-commerce, retail, internet, and technology, has seen its stock price climb to $89.94. This significant increase is a result of a multitude of factors that have positively influenced the company’s valuation. Earnings Performance: Alibaba has been reporting solid...
NYSE:CRM Analyzing Salesforce’s Stock Surge to $298.14 Salesforce, a global leader in cloud-based software, has recently seen its stock price soar to an impressive $298.14. This significant increase is not a random occurrence but the result of a combination of factors that have played out in favor of the company. Strong Earnings Reports: Salesforce has...
Trade Proposal: There is a probability of first tp to the proposed ( 10,800.42 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: MAS100 is in Downtrend and It is Expected to Continue Downtrend. By the end of this quarter and at 10,800.42 in one year
The tech giants of yesterday aren't always the titans of tomorrow. Ask any BlackBerry or Myspace user. But Apple (AAPL) seems different. It's a brand synonymous with sleek design, intuitive interfaces, and a rabidly loyal fanbase. Yet, whispers abound that Apple's best days are behind it. Is this a reason to abandon AAPL? Not necessarily. Here's why a long...
AAPL has verified a bullish breakout from the formed channel. The false breakout on the identified support suggests a robust rebound from recent lows. Anticipating a rally continuation, aiming to reclaim the resistance before a potential sell-off. However, as the resistance stands as a formidable sell zone, a downward price shift is expected upon reaching the...
Apple enthusiasts can finally breathe a sigh of relief. The wait for new iPads is nearly over, with a splashy Apple event titled "Let Loose" scheduled for today. This comes after an unusually long gap between iPad releases. New iPads Take Center Stage According to reliable sources, the spotlight will be on the latest iPad lineup. Rumors suggest the unveiling of...
If you haven`t bought AAPL before reaching all time high: or sold the beginning of the retracement: Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week, I would consider purchasing the 177.5usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $2.36. If these options...
Q1 2024 Performance: On February 7th, 2024, Roblox Corporation reported its first-quarter 2024 financial results. The company’s earnings per share (EPS) for the quarter were -$0.52, surpassing the consensus estimate of -$0.57 by $0.05. Roblox’s revenue during the quarter was $1.13 billion, exceeding analysts’ expectations of $1.05 billion. The company’s revenue...
Reasons Why !! In Q4 2023, Robinhood’s net revenues increased by 24% year-over-year to $471 million. This growth was driven by higher net interest, transaction-based, and other revenues1. The company reported net income of $30 million, a significant improvement from the net loss of $166 million in Q4 20221. Adjusted EBITDA rose to $133 million, a 62% increase...
Apple, the tech giant synonymous with innovation, has faced a slump in iPhone sales. A recent report showed a 10.5% year-over-year decline, raising concerns among investors and analysts. However, a glimmer of hope emerges with Apple's growing focus on Artificial Intelligence (AI). Analysts are increasingly optimistic that these "nascent" AI offerings could be the...
A few months ago I started this research, research of Equity Index Dividend futures, provided by CME Group. Well, sounds good. Let's continue.. Were you ready or not, but in February, 2024 Meta platforms (META) announced its first-ever in history cash dividend of $0.50 per share to be paid out on quarterly basis. “We intend to pay a cash dividend on a quarterly...
Hi Traders! On the daily time frame NASDAQ:AAPL has completed an important bullish structure and it is currently working on a corrective structure on the intraday chart. That said, in our view, Apple will trigger a bullish corrective structure in the near term, with ABC Pattern or a harmonic structure. With this in mind, our view is bullish with “Buy The Dip”...
Apple's fiscal second-quarter earnings report presented a mixed picture for investors. While earnings per share (EPS) surpassed Wall Street expectations, overall revenue and iPhone sales experienced a decline. However, the company's massive share buyback announcement signaled confidence in its future. Earnings Beat Expectations, Revenue and iPhone Sales...
Apple delivered its financial results for the second quarter of fiscal year 2024. According to the report, the company generated revenue worth $90.753 billion, down 4.3% YoY, and net income of $23.636 billion, representing a decrease of 2.16% YoY. Operating income amounted to $27.9 billion for the same period, falling 1.5% YoY. In addition to that, Apple announced...
There is no trade recommendation. Just for study purposes. Level marked in the chart. Excellent opportunity in Apple - Add 50% at 173 and the remaining 50% at 166. Stop Loss - 1 % of portfolio.
Reasons Why Apple’s Fiscal 2024 First Quarter Results: Apple reported its financial results for the first quarter of fiscal year 2024, which ended on December 30, 2023. Here are the key highlights: Revenue: The company posted quarterly revenue of $119.6 billion, representing a 2 percent year-over-year increase. Earnings Per Share (EPS): Quarterly earnings per...
Apple (AAPL) dived by -18% from the December 14 2023 High and following yet another rejection on its 1D MA50 this week, many turned increasingly skeptical over the stocks future. On this chart however, we examine Apple's ratio against Nasdaq (NDX) and gives a very clear answer. As you can see, the ratio is about to form a Death Cross on the 1W time-frame, with...