eToroInvestment @eToroInvestment: "🔔 𝗚𝗼𝗼𝗱 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗘𝘂𝗿𝗼𝗽𝗲 🔔 🔷..."

eToro

🔔 𝗚𝗼𝗼𝗱 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗘𝘂𝗿𝗼𝗽𝗲 🔔 🔷 𝗪𝗮𝗸𝗲 𝘂𝗽 𝗘𝘂𝗿𝗼𝗽𝗲 On the economic data docket, we have the euro zone’s unemployment rate and consumer confidence, along with Spanish inflation and Swiss GDP. South Africa’s rate decision is also due. In the US, the Fed’s John Williams and Lorie Logan will speak. 🔷𝟭𝟬-𝗬𝗲𝗮𝗿 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝘆 𝗬𝗶𝗲𝗹𝗱 𝗦𝘂𝗿𝗴𝗲𝘀 The 10-year Treasury ( $10yUS.FUT ) yield rose to over 4.6% after Tuesday's weak auction, impacting stock valuations and making T-bills and money market funds more attractive as borrowing costs increase. 🔷𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗦𝘁𝗼𝗰𝗸𝘀 𝗧𝘂𝗺𝗯𝗹𝗲 $UNH (UnitedHealth) led a decline in insurance stocks, dropping 4.5% due to concerns over its Medicaid business, affecting $MOH (Molina Healthcare Inc), $ELV (Elevance Health Inc), and $HUM (Humana Inc), which also fell during Wednesday's trading. 🔷𝗔𝗯𝗲𝗿𝗰𝗿𝗼𝗺𝗯𝗶𝗲 & 𝗙𝗶𝘁𝗰𝗵 𝗦𝘂𝗿𝗴𝗲𝘀 $ANF (Abercrombie & Fitch Company) shares soared 22% after reporting a 22% increase in Q1 sales and profits that far exceeded last year's, surpassing Wall Street predictions. 🔷𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝗻 𝗔𝗶𝗿𝗹𝗶𝗻𝗲𝘀 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝗖𝘂𝘁 $AAL (American Airlines Group Inc) shares fell 14% following a downward revision in Q2 guidance, with expected unit revenues declining up to 6% year-over-year, worse than previously expected. 🔷𝗗𝗶𝗰𝗸’𝘀 𝗦𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗚𝗼𝗼𝗱𝘀 𝗘𝘅𝗰𝗲𝗲𝗱𝘀 𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀 $DKS (Dicks Sporting Goods Inc) stock rose 15% after beating fiscal Q1 earnings and revenue expectations and raising its full-year earnings forecast well above analyst expectations. 🔷𝗖𝗵𝗲𝘄𝘆 𝗢𝘂𝘁𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝘀 $CHWY (Chewy) stock increased 28% after significantly surpassing Q1 earnings expectations, with revenue and earnings that exceeded forecasts, demonstrating robust financial performance. 🔷𝗖𝗼𝘀𝘁𝗰𝗼 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗣𝗿𝗲𝘃𝗶𝗲𝘄 $COST (Costco Wholesale Corp) is gearing up for its quarterly earnings release this Thursday after market close. With a consensus EPS forecast of $3.71 and expected revenues of $57.97 billion, analysts maintain a bullish Buy rating amid anticipated year-over-year growth. 🔷𝗭𝘀𝗰𝗮𝗹𝗲𝗿 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗨𝗽𝗱𝗮𝘁𝗲 $ZS (Zscaler Inc) reports its earnings today after market close. Last quarter, the cloud security firm surpassed revenue expectations by 3.6%, achieving $525 million. This quarter, revenue is projected to grow 28% to $536.1 million, with EPS estimated at $0.65. 🔷𝗠𝗮𝗿𝘃𝗲𝗹𝗹 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗤𝟭 𝗙𝗶𝘀𝗰𝗮𝗹 𝟮𝟬𝟮𝟱 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 $MRVL (Marvell Technology Group Ltd) is set to announce its Q1 fiscal 2025 earnings on May 30, with expected revenue at $1.15 billion and a non-GAAP EPS of 23 cents. This reflects potential declines amid reduced IT spending and inventory adjustments. 🔷𝗗𝗼𝗹𝗹𝗮𝗿 𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 $DG.US (Dollar General Corporation) reports Q1 results tomorrow before the market opens. Last quarter, revenues met expectations at $9.86 billion. This quarter, revenues are expected to rise 5.9% to $9.90 billion with an EPS forecast of $1.58. Shares have risen 2.2% approaching the earnings, with a target price of $156.3. ⚠️Please note, this is not investment advice. ⚠️Past performance is not indicative of future results.