🏅 GOLD and 🌮 TACOs: Who Sidestepped the Market Slide?
With a chaotic week leaving markets in the red by Friday, it's worth remembering that there are ALWAYS investing opportunities...
Market Snapshot (Past Week)
S&P500: $4,117.37 (-2.21%)
Dow Jones Industrial Average: $32,417.59 (-1.74%)
Nasdaq Composite: $12,643.01 (-2.23%)
Russell 2000: $1,636.94 (-2.08%)
S&P/TSX Composite Index: $18,737.39 (-1.60%)
PHLX Gold and Silver Sector: $115.07 (-0.44%)
The Biggest Investing Stories From the Last 7 Days
It has been a challenging week for investors. Markets are on the downturn, leading stocks to get battered and bruised on all sides. Even so, there are investing opportunities and success stories, with Gold and Mexican food unlikely bed-fellows in this department. Read on to find out our hot tips and insights…
⭐️ Gold's Resilience in Chaotic Times
Explore how gold, a time-tested safe-haven asset, can enhance your investment strategy amid global uncertainties. Discover the reasons behind recent surges in gold prices triggered by geopolitical events and learn how to diversify your portfolio for better risk management. Click the link for valuable insights to help you make informed investment decisions in today's uncertain world.
🌯 Chipotle Sales Beat Expectations, Stock Soars
Chipotle's third-quarter results are not just promising—they're setting the stage for a robust fourth quarter. With sales growth outperforming expectations, a revenue surge of 11%, and a stock price that's climbing, this is a stock you'll want to have on your radar. Read on to dive deeper into what these exciting developments could mean for your portfolio.
💰 HSBC Unveils New $3 Billion Buyback Amid Mixed Results
HSBC recently unveiled a new $3 billion share buyback program, raising the total repurchase for the year to $7 billion, even as its third-quarter profits didn't meet market projections. CEO Noel Quinn hinted that additional rewards for shareholders might be in the pipeline, emphasizing HSBC's robust capital generation.
🛩️ Boeing Faces Losses in Defense Programs
Discover the inside scoop on Boeing's defense business challenges and their far-reaching implications for investors. With $1.7 billion in losses this year and skepticism from analysts, it's a crucial time to delve into the details. Understand how fixed-price contracts are impacting Boeing's bottom line and how management plans to turn the tide. Learn about their diversification strategy and what it means for future growth.
🤖 AI-Driven Cloud Growth: Microsoft vs. Alphabet
Discover the latest insights into Microsoft and Alphabet's earnings reports, and how they impact your investment decisions. Microsoft's thriving cloud business and AI integration could mean significant growth potential, while Alphabet's cloud segment's struggle highlights the dynamics of tech giants' performance. Learn how these developments may influence stock prices and what to watch for as a retail investor.
Investing Signals
📈Top 5 Gainers in the last 7 days
Forbion European Acquisition Corp FRBN 0.00%↑ - $28.44 (+184.40%) - This SPAC saw major share price growth after its shareholders approved a merger with gene therapy outfit enGene.
LianBio LIAN 0.00%↑ - $3.90 (+174.65) - This company rocketed following a new $350m deal for its mavacamten treatment with pharma giant Bristol Myers Squibb.
Global Mofy Metaverse Limited GMM 0.00%↑ - $10.58 (+92.36%) - Next on the list is this recent entrant to the NASDAQ, having joined the index with 1,200,00 ordinary shares at $5 per share.
ImmunityBio, Inc IBRX 0.00%↑ - $2.48 (+90.77%) - This business, which is seeking to create a cancer vaccine, saw its share price leap following news that the FDA has accepted a resubmission of its candidate for high-risk non-muscle-invasive bladder cancer.
WeBuy Global Ltd WBUY 0.00%↑ - $4.94 (+56.83%) - This is another company to debut on the NASDAQ, having raised $15m through its IPO.
Note: Figures from StockAnalysis.com - Settings: Market Cap > $100M, Stock Price > $1, Period last 7 Days. All prices are correct as of pre-market on 25 September.
📉Top 5 losers in the last 7 days
Li-Cycle Holdings Corp LICY 0.00%↑ - $1.24 (-45.37%) - This lithium battery recycling firm saw its share price plummet on the news that construction has been paused at a key factory due to cost issues.
Cibus Global LLC CBUS 0.00%↑ - $10.27 (-45.34%) - Biotechnology outfit Cibus has also seen a significant drop despite no apparent news flow.
Hanryu Holdings, Inc HRYU 0.00%↑ - $2.07 (-43.29%) - This company operates the South Korean social media site FANTOO and rang the NASDAQ opening bell last week. That didn’t stop the firm’s share price from tumbling though…
2seventy bio, Inc TSVT 0.00%↑ - $2.15 (-42.82%) - This troubled biotech firm plummeted amid reports that high competition has significantly damaged sales of its Abecma treatment.
Barnes Group, Inc B 0.00%↑ - $20.14 (-38.20%) - This aerospace manufacturing outfit fell after third-quarter earnings disappointed across the board, including a slash to its outlook.
Note: Figures from StockAnalysis.com - Settings: Market Cap > $100M, Stock Price > $1, Period last 7 Days. All prices are correct as of pre-market on 25 September.
Stocks Trending on Google Search
Google Search trends are a good indicator of investor trends and interests and a good indicator of stocks you should research to see why they are popular and whether this is a good investment for you.
Alphabet
GOOGL 0.00%↑
Share Price: $122.17
Weekly Change: -9.55%
Google Search Interest: +300%
Google parent company Alphabet suffered a poor week despite earnings beating consensus expectations. Why? The underperformance of the company’s cloud segment appears to have spooked investors, who are concerned that it didn’t see the same bump in business that competitor Microsoft enjoyed.
Meta Platforms
META 0.00%↑
Share Price: $296.73
Weekly Change: -4.10%
Google Search Interest: +200%
Meta, formerly known as Facebook, enjoyed something of a turnaround in its most recent quarterly earnings. Profits and revenues jumped amid improving ad spending, but the company’s share price still declined amid the wider dip.
Microsoft Corp
MSFT 0.00%↑
Share Price: $329.81
Weekly Change: +1.30%
Google Search Interest: +140%
As already noted, Microsoft’s cloud segment performed very well in its first quarter. The software giant’s revenue expectations also surprised analysts, while its increasingly strong AI credentials appear to be winning over new investors too.
Amazon
AMZN 0.00%↑
Share Price: $127.74
Weekly Change: +2.60%
Google Search Interest: +140%
In a week of tech giants’ earnings, Amazon was never going to be far behind. The business beat third-quarter expectations and, like its peers, paid a lot of lip service to AI. However, revenue from the company’s cloud computing segment grew at a slower rate than the competition.
Starbucks Corp
SBUX 0.00%↑
Share Price: $92.02
Weekly Change: -2.02%
Google Search Interest: +130%
Coffee behemoth Starbucks has been generating traffic ahead of its upcoming fourth-quarter earnings update. Analysts are anticipating significant earnings and revenue growth for the period.
Alternate Investing Signals
r/WallStreetBets
Apple Inc - AAPL 0.00%↑ - Mentions: 134
Forum users appear to approve of the company's decision to diversify its selection of AirPods earphones, capitalizing on the way in which the wireless tech has captured consumers’ imagination.
Intel Corporation - INTC 0.00%↑ - Mentions: 98
Also up for discussion was the news that Intel may face intensifying competition from chipmaking giant NVIDIA. This is because NVIDIA has recently started developing central processing units (CPUs) for personal computers, elbowing in on a space in which Intel had enjoyed dominance. Trouble could be on the horizon.
Top Reads
🇺🇸 US Government borrowing has left the country on the brink of financial catastrophe. That’s the opinion of Bloomberg’s editorial board.
🍊 Is orange juice the next meme investment? The Guardian’s Alex Lawson explores the story behind the juice’s current turbulence.
🥤 Pepsi or Coke? CNBC’s Amelia Lucas attempts to answer this eternal beverage question.
🎃 Looking forward to Halloween? Well, as CNN’s Danielle Wiener-Bronner explains, there’s no way it matters to you as much as it matters to Hershey.
Meme of the Week
