Three Stocks: Roblox (RBLX) Plunges 20%, Beyond Meat (BYND) Misses Earnings, Arm Holdings (ARM) Technical Battle

Roblox (RBLX) We’re starting today’s Three Stocks with a few MEME favorites from 2022. First up is Roblox (RBLX).  The game and programming platform company announced their earnings results this morning. The company’s results met expectations for last quarter, however the company’s management released an outlook for the next quarter that fell short on bookings. The […]

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Three Stocks: Airbnb, Robinhood, and Arm Holdings

Airbnb We talked about signs that the consumer may be tiring last week. Airbnb (ABNB)’s earnings results today back up that theory. For the quarter, the company beat analyst revenue and earnings per share (EPS) expectations as the travel industry has remained strong. That said, Airbnb management issued a forecast that fell short of expectations […]

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Three Market-Driving Events This Week

One: The S&P 500’s 50-Day Moving Average Is in Play Last week’s strong finish put the S&P 500 and tech-heavy Nasdaq 100’s 50-day moving average in play. If you’re not familiar, the 50-day moving average of these indices is one of the most watched technical trendline. This single trendline embodies the saying “the trend is […]

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