Duolingo has seen significant growth in its shares:
- Shares rose by 8.9%: Biggest one-day increase since February after posting strong quarterly results.
- Growth in daily users: The number of daily active users rose 59% year-over-year to 34.1 million.
-Increased Revenue Forecast: $DUOL raised its full-year revenue forecast to $731.3 million to $738.3 million.
- Seaport Research...
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News from Apple WWDC 2024 and AI Initiative
Introducing Apple Intelligence:
- At the annual Worldwide Developers Conference (WWDC), $AAPL-0.1% unveiled its new artificial intelligence ecosystem called Apple Intelligence.
Hyperpersonalized Assistant:
$AAPL-0.1% aims to transform the iPhone into a hyper-personalized AI assistant reminiscent of Jarvis from Iron Man - a system...
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I, as a proud Apple sheep😂was pretty excited about all the announcements with Apple Intelligence. If they can launch it quickly, it will be great. at the moment, it looks like some of the major features that have been introduced won't come until the end of the year. I think the market reaction after WWDC spoke volumes. If any company has to create the most useful assistant on a phone, it's Apple because of its size and because of the integration.
I closed an open short on $TSLA+0.2% on Monday. Then on Tuesday I traded only the indices($QQQ+0.4% and $SPY+0.5% ) intraday. I am not holding anything at the moment and waiting, but I am watching the market intraday.
Amazon Second Quarter Results and Market Reaction
- Stock Decline:
- Shares of Amazon $AMZN-0.3% fell 6% after reporting disappointing second-quarter earnings that missed expectations by $0.58 billion.
- Amazon Web Services (AWS):
- AWS slightly beat expectations with revenue of $26.3 billion.
- Advertising Revenue:
- Advertising revenue fell short of expectations, contributing...
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The reaction was probably proportional to what the results were, but today the negative reaction is doubling :) It's not an open market yet, but still.
Strong Performance of Meta Shares
- Growth Stocks:
- Shares of $META rose-0.2% 7%after posting better-than-expected results and a positive outlook.
- Second Quarter Financial Results:
- Meta $META-0.2% posted earnings of $5.16 per share, beating analysts' expectations.
- Third Quarter Outlook:
- Meta $META-0.2% expects third-quarter revenue in the range of $38.5 billion to $41...
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The company is doing very well again and it looks good and I'm sorry I'm not bought in.
ECB Interest Rate Decision in September
- The European Central Bank (ECB) is closely monitoring economic data ahead of a possible interest rate cut decision in September.
- The current inflation situation:
- Headline inflation: Expected to remain at 2.5% for the second consecutive month.
- Core inflation: Forecasts point to a decline to 2.8%, which includes less volatile items...
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Maybe that will happen in the United States. If that happens, I expect a rally before the end of the year :)
McDonald's faces a drop in sales
- Decline in global sales:
- McDonald's $MCD+1.4% saw a 1% decline in quarterly comparable sales, the first decline in 13 quarters.
- Analysts had expected a 0.53% increase, but the reality fell short of expectations.
- Competitive Pressure:
- McDonald's $MCD+1.4% and other chains such as Domino's, Burger King, Wendy's and Starbucks introduced...
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The success of Hermès
- Results for the first half of the year:
- Hermès $RMS.PA reported strong results, which led to a rise in its shares.
- Revenues rose 15% to €7.5 billion.
- Growth drivers:
- High demand in all regions, especially for leather goods and accessories.
- An expanding retail network and the introduction of new product lines.
- Financial indicators:
-...
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These results showed the difference between Hermes and LVMH and why they sell at such high valuations.
LVMH Shares Fall
- Share drop:
- Shares of LVMH $MC.PA+0.2% fell more than 4% at the market open on Wednesday.
- Reason for the drop:
- The company reported second-quarter revenue growth that fell short of expectations.
- Revenue rose 1% to 20.98 billion euros ($22.76 billion), while analysts had forecast 21.6 billion euros.
- Impact on other luxury companies:
- Other luxury...
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I bought a few pieces yesterday too, we're getting some really interesting prices.
Barclays raises S&P 500 target price
- Target price increase:
- Barclays has raised the target price for the S&P 500 index for 2024 from 5,300 to 5,600.
- Reasons for increase:
- Reflects a slight premium to the fair value of the index excluding the technology sector.
- Expectations that inflation will continue to normalize.
- Expectation that the economy will remain...
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6500, wow. If the Index gets there next year, I hope Arrk's prediction for Tesla comes out right?😁
Hello investors, what do you think of today's global cyber blackout?
Do you think such an event could affect $MSFT+0.8%stock ?
Well it's a few days over but I'll just add with the opinion that for those strong companies I don't think it's going to be anything and just an option to buy. So I took a position in $LRCX+2.9%
Spot ETFs for Ether
Trading Date:
- Spot ETFs on Ether are likely to start trading on July 23.
Preliminary Approval:
- The U.S. Securities and Exchange Commission (SEC) has given preliminary approval to at least three of the eight asset managers planning to launch ETFs tied to the spot price of ether.
Conditions of approval:
- Approval is contingent on the submission of final...
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Well, I'll be interested in that, and thanks for letting us know. I'll definitely be glad to that 23/24 for some update😃
Philip Morris/British American Tobacco
Hello investors, when it comes to tobacco companies, which representative would you prefer and why?
Philip Morris $PM+0.8%
- Strong growth:
- Philip Morris is achieving strong growth through innovative products and strategic decisions.
-Non-smoking products:
- Non-smoking products have become an important business for Philip Morris, helping...
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For me, $PM+0.8%, but the other companies are pretty similar. I think I like this firm the best.
Transforming Spotify and adding social networking features
Transformation in 2023
-$SPOT+0.1% has added a TikTok-inspired discovery channel that has significantly changed the user experience.
Social elements on the platform and future plans:
-$SPOT+0.1% is introducing more and more social networking elements:
- Podcast comment system: Allows producers to interact directly...
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https://youtu.be/9KqrnBiyBQ8?feature=shared Duolingo: How the Free App Rakes in $500M Each Year | WSJ The Economics Of