2023.06.05 07:36 scarlet2248 Wedding Venue in The US: Our Recommendation Part II
2023.06.03 23:56 Infamous-Advisor6007 World 🌎 Trade Center Arkansas DARK HISTORY: Founded by J.Bs grandson 🕵️
![]() | 2yrs after the murder of Gaddafi NW Arkansas & Cleveland County NC citizens witnessed dual national Native American Moraccan🇲🇦Towery Maurice Burris-Hunt, son of Kingdom of Morocco national "Ambassador" James Burris and Annie R Hunt-Browner the Native American daughter of billionaire trucking mogul Johnny Bryan Hunt receive a multi billion dollar Inheritance & Trust. Towery joined the Consulate General of the United States in Africa assisted by Consul General Philip Frayne. Assisting the 🇺🇲 with governmental affairs in 🇦🇪🇦🇴🇦🇫🇪🇬🇪đź‡đź‡˛đź‡¦đź‡˛đź‡·đź‡ąđź‡żđź‡µđź‡°đź‡±đź‡ľ. Returning to Cleveland County NC founding Premier Body Armor 201 S.Battleground Ave. Kings Mountain NC, while building World Trade Center of Arkansas 3300 Market St., Ste. 400. Rogers, AR 72758. submitted by Infamous-Advisor6007 to JBHunttransportnews [link] [comments] Search Towery story: Prior to sustaining traumatic brain injuries in a failed assassination attempt in September 2014 he had begun to establish new diplomatic ties & economic bonds with the African Nations. All records of his inheriting his grandfather Johnny Bryan Hunt $3billion estate was deleted, his founding Bank of OZARK and construction of Northgate Plaza & World 🌎 Trade Center of Arkansas erased. Research his June 07, 2014 speech during AMP grand opening videoed by thousands. Inspiring the Government to establish divisions of the Arkansas Attorney General office & State Police Dept in Rogers-Lowell. https://youtube.com/@worldtradecenterarkansas https://youtu.be/6LVSC8VqT9c Secretary General of The Executive Council of Dubai, His Excellency Philip Frayne, https://www.linkedin.com/in/philfrayne @PhilipFrayne @usainuae @ Consulate of the USA @ U.S. Department of State #ConsulGeneralPhilip |
2023.06.03 23:42 Infamous-Advisor6007 World Trade Center Arkansas. Dark History
![]() | 2yrs after the murder of Gaddafi NW Arkansas & Cleveland County NC citizens witnessed dual national Native American Moraccan🇲🇦Towery Maurice Burris-Hunt, son of Kingdom of Morocco national "Ambassador" Burris and Annie R Hunt-Browner the Native American daughter of billionaire trucking mogul Johnny Bryan Hunt receive a multi billion dollar Inheritance & Trust. Towery joined the Consulate General of the United States in Africa assisted by Consul General Philip Frayne. Assisting the 🇺🇲 with governmental affairs in 🇦🇪🇦🇴🇦🇫🇪🇬🇪đź‡đź‡˛đź‡¦đź‡˛đź‡·đź‡ąđź‡żđź‡µđź‡°đź‡±đź‡ľ. Returning to Cleveland County NC founding Premier Body Armor 201 S.Battleground Ave. Kings Mountain NC, while building World Trade Center of Arkansas 3300 Market St., Ste. 400. Rogers, AR 72758. submitted by Infamous-Advisor6007 to NWArkansasgossip [link] [comments] Search Towery story: Prior to sustaining traumatic brain injuries in a failed assassination attempt he had begun to establish new diplomatic ties & economic bonds with the African Nations. Records of his inheriting his grandfather Johnny Bryan Hunt estate was deleted, his founding Bank of OZARK and construction of Northgate Plaza & World 🌎 Trade Center of Arkansas erased. Despite his June 07, 2014 Speech during AMP grandopening videoed by thousands https://youtube.com/@worldtradecenterarkansas https://youtu.be/6LVSC8VqT9c Secretary General of The Executive Council of Dubai, His Excellency Philip Frayne, https://www.linkedin.com/in/philfrayne @PhilipFrayne @usainuae @ Consulate of the USA @ U.S. Department of State #ConsulGeneralPhilip |
2023.06.03 23:28 Infamous-Advisor6007 The Dark Motives Behind the Assassination of Muammar Gaddafi.
![]() | 2yrs after the murder of Gaddafi NW Arkansas & Cleveland County NC citizens witnessed dual national Native American Moraccan🇲🇦Towery Maurice Burris-Hunt, son of Kingdom of Morocco Ambassador national James Burris and Annie R Hunt-Browner the Native American daughter of billionaire trucking mogul Johnny Bryan Hunt receive a multi billion dollar Inheritance & Trust. Towery joined the Consulate General of the United States in Africa assisted by Consul General Philip Frayne. Assisting the 🇺🇲 with governmental affairs in 🇦🇪🇦🇴🇦🇫🇪🇬🇪đź‡đź‡˛đź‡¦đź‡˛đź‡·đź‡ąđź‡żđź‡µđź‡°đź‡±đź‡ľ. Returning to Cleveland County NC founding Premier Body Armor 201 S.Battleground Ave. Kings Mountain NC, while building World Trade Center of Arkansas 3300 Market St., Ste. 400. Rogers, AR 72758. submitted by Infamous-Advisor6007 to NWArkansasgossip [link] [comments] Search Towery story: Prior to being injured in a failed assassination attempt he had begun to establish new diplomatic ties & economic bonds with the African Nations. Records of his inheriting his grandfather Johnny Bryan Hunt estate was deleted, his founding Bank of OZARK and construction of Northgate Plaza & World 🌎 Trade Center of Arkansas erased. Despite his June 07, 2014 Speech during AMP grandopening videoed by thousands https://youtube.com/@worldtradecenterarkansas. https://youtu.be/6LVSC8VqT9c |
2023.06.03 23:16 Infamous-Advisor6007 The Dark Motives Behind the Assassination of Muammar Gaddafi ( AFRICANS FINAL OPTION )
![]() | 2yrs after the murder of Gaddafi Cleveland County citizens witnessed local dual national Native American Moraccan🇲🇦Towery Maurice Burris-Hunt, son of Kingdom of Morocco Ambassador national James Burris and Annie R Hunt-Browner daughter of billionaire trucking mogul Johnny Bryan Hunt receive a multi billion dollar Inheritance & Trust. Towery joined the Consulate General of the United States in Africa assisted by Consul General Philip Frayne. Assisting the 🇺🇲 with governmental affairs in 🇦🇪🇦🇴🇦🇫🇪🇬🇪đź‡đź‡˛đź‡¦đź‡˛đź‡·đź‡ąđź‡żđź‡µđź‡°đź‡±đź‡ľ. Returning to Cleveland County NC founding Premier Body Armor 201 S.Battleground Ave. Kings Mountain NC, while building World Trade Center of Arkansas 3300 Market St., Ste. 400. Rogers, AR 72758. Prior to being injured in an assassination attempt he began to establish new diplomatic ties & economic bonds with the African Nations. submitted by Infamous-Advisor6007 to ClevelandCountyncnewz [link] [comments] Search for his story https://youtube.com/@worldtradecenterarkansas |
2023.06.03 19:37 SplitGillStudio Huge Art Market at ArtPost today 12-5!
2023.06.03 01:19 localfyi Local Events in The Triangle this Weekend!
2023.06.02 04:16 DamionLeeCurtis Caleb Martin tonight
![]() | submitted by DamionLeeCurtis to nbacirclejerk [link] [comments] |
2023.06.01 21:00 DiscoverDurham Things to Do in Durham this Weekend (Jun 1-4)
2023.06.01 17:00 Opscanbot 6/1/2023 - monthlies put options to sell with highest annual return ($100-$150)
![]() | 6/1/2023 - house passed a bill to increase debt ceiling. AI posted weaker than expected revenue guidance. submitted by Opscanbot to opscanbot [link] [comments] Monthlies put options to sell with the highest annual return ($100-$150). Includes > 500 OI, tight bid-ask ratio, > 21 DTE, and avoid earnings |
2023.06.01 13:32 bigbear0083 (6/1) Thursday's Pre-Market Stock Movers & News
Stock futures rose slightly Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a U.S. default, with the measure now moving it to the Senate.
Futures on the Dow Jones Industrial Average were up 8 points, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.
The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support. Senate Majority Leader Chuck Schumer, D-N.Y., said he hopes “we can move the bill quickly here in the Senate and bring it to the president’s desk as soon as possible.”
Concern over a possible U.S. debt default lingered on Wall Street throughout May — which concluded Wednesday. Last month was also marked by a dramatic rally in artificial intelligence-related stocks.
The Nasdaq Composite ended May with a 5.8% gain as enthusiasm around AI continued to boost related stocks. Chipmaker Nvidia jumped 36% in May, briefly touching a $1 trillion market cap this week. Alphabet, Meta and Amazon all rose at least 10% during the month.
Outside of tech, gains were hard to come by, however. The S&P 500 inched up 0.3% in the month, while the blue-chip Dow fell almost 3.5%, dragged down by Nike, Walt Disney and Chevron.
“We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines,” said Craig Johnson, chief market technician at Piper Sandler.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve’s June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he’s leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday’s payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers’ index.
Nordstrom jumped 4% in premarket trading after its fiscal first-quarter sales beat Wall Street’s expectations. Salesforce shares fell about 6% after the software company bumped up its full-year forecast but reported higher capital expenses than expected.
Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall Street’s expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
STOCK SYMBOL: JWN
(CLICK HERE FOR LIVE STOCK QUOTE!)
C3.ai — The artificial intelligence company sank 21% after sharing disappointing guidance for the fiscal first quarter. That overshadowed a smaller-than-expected loss for the fiscal fourth quarter.
STOCK SYMBOL: AI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce — The software giant’s shares fell 6% after the company reported higher-than-expected capital costs and lower demand for consulting deals in its fiscal first quarter.
STOCK SYMBOL: CRM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Okta — The cloud software company’s shares tumbled more than 20% Thursday. While Okta’s first-quarter results came above consensus analyst estimates, decelerating subscription revenue growth and smaller deal sizes from a worsening macro environment worsened investor sentiment. BMO Capital Markets downgraded shares to market perform from outperform in a Thursday note.
STOCK SYMBOL: OKTA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Macy’s – Shares of the retail giant slid 7% premarket after the company missed revenue estimates for its most recent quarter, according to Refinitiv. Macy’s also slashed its full-year earnings and sales guidance, after “demand trends weakened” for discretionary items in March.
STOCK SYMBOL: M
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lucid Group – The luxury EV maker saw its shares drop 12.5% after it said it’s raising about $3 billion through a new stock offering. It added that some $1.8 billion of the raise will come from a private placement with Saudi Arabia’s Public Investment Fund, which owns about 60% of the company.
STOCK SYMBOL: LCID
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chewy — Shares jumped 17% after the pet products e-commerce company reported an earnings and revenue beat for the first quarter. The company also raised its full-year guidance and announced plans for expansion to Canada in the third quarter.
STOCK SYMBOL: CHWY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The company said the macroeconomic environment is more challenged than it had previously anticipated and reduced its number of expected new store openings.
STOCK SYMBOL: DG
(CLICK HERE FOR LIVE STOCK QUOTE!)
CrowdStrike — Shares of the cybersecurity company fell 10% despite CrowdStrike’s first-quarter results beating analyst expectations. Sales reported 57 cents in adjusted earnings per share on $693 million of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per share and $676 million per share. Several Wall Street analysts highlighted a slowdown in annual recurring revenue growth as a negative for the quarter.
STOCK SYMBOL: CRWD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Target — Shares traded down 1.4% after JPMorgan downgraded them to neutral from overweight. The bank cited several factors, including a weakening consumer spending environment, ongoing share losses from recent controversies and grocery inflation headwinds.
STOCK SYMBOL: TGT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Victoria’s Secret — The stock fell 13.6% after the company reported a quarterly earnings and revenue miss. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates.
STOCK SYMBOL: VSCO
(CLICK HERE FOR LIVE STOCK QUOTE!)
CSX — Shares added 1.5% in premarket trading following an upgrade by UBS to buy from neutral. The Wall Street firm cited CSX’s strong network operation, which it believes will provide leverage to the next volume upturn. UBS also raised its price target to $37 from $33, suggesting nearly 21% upside from Wednesday’s close.
STOCK SYMBOL: CSX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Veeva Systems – The computer application company got a 9% boost in its stock price after it posted better-than-expected earnings and revenue for the first quarter. Veeva also raised its full-year earnings per share guidance by 26 cents.
STOCK SYMBOL: VEEV
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pure Storage — Shares rallied 5% following a better-than-expected first quarter earnings report. The company’s full-year revenue guidance also topped analysts’ estimates.
STOCK SYMBOL: PSTG
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.01 13:32 bigbear0083 (6/1) Thursday's Pre-Market Stock Movers & News
Stock futures rose slightly Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a U.S. default, with the measure now moving it to the Senate.
Futures on the Dow Jones Industrial Average were up 8 points, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.
The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support. Senate Majority Leader Chuck Schumer, D-N.Y., said he hopes “we can move the bill quickly here in the Senate and bring it to the president’s desk as soon as possible.”
Concern over a possible U.S. debt default lingered on Wall Street throughout May — which concluded Wednesday. Last month was also marked by a dramatic rally in artificial intelligence-related stocks.
The Nasdaq Composite ended May with a 5.8% gain as enthusiasm around AI continued to boost related stocks. Chipmaker Nvidia jumped 36% in May, briefly touching a $1 trillion market cap this week. Alphabet, Meta and Amazon all rose at least 10% during the month.
Outside of tech, gains were hard to come by, however. The S&P 500 inched up 0.3% in the month, while the blue-chip Dow fell almost 3.5%, dragged down by Nike, Walt Disney and Chevron.
“We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines,” said Craig Johnson, chief market technician at Piper Sandler.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve’s June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he’s leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday’s payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers’ index.
Nordstrom jumped 4% in premarket trading after its fiscal first-quarter sales beat Wall Street’s expectations. Salesforce shares fell about 6% after the software company bumped up its full-year forecast but reported higher capital expenses than expected.
Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall Street’s expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
STOCK SYMBOL: JWN
(CLICK HERE FOR LIVE STOCK QUOTE!)
C3.ai — The artificial intelligence company sank 21% after sharing disappointing guidance for the fiscal first quarter. That overshadowed a smaller-than-expected loss for the fiscal fourth quarter.
STOCK SYMBOL: AI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce — The software giant’s shares fell 6% after the company reported higher-than-expected capital costs and lower demand for consulting deals in its fiscal first quarter.
STOCK SYMBOL: CRM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Okta — The cloud software company’s shares tumbled more than 20% Thursday. While Okta’s first-quarter results came above consensus analyst estimates, decelerating subscription revenue growth and smaller deal sizes from a worsening macro environment worsened investor sentiment. BMO Capital Markets downgraded shares to market perform from outperform in a Thursday note.
STOCK SYMBOL: OKTA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Macy’s – Shares of the retail giant slid 7% premarket after the company missed revenue estimates for its most recent quarter, according to Refinitiv. Macy’s also slashed its full-year earnings and sales guidance, after “demand trends weakened” for discretionary items in March.
STOCK SYMBOL: M
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lucid Group – The luxury EV maker saw its shares drop 12.5% after it said it’s raising about $3 billion through a new stock offering. It added that some $1.8 billion of the raise will come from a private placement with Saudi Arabia’s Public Investment Fund, which owns about 60% of the company.
STOCK SYMBOL: LCID
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chewy — Shares jumped 17% after the pet products e-commerce company reported an earnings and revenue beat for the first quarter. The company also raised its full-year guidance and announced plans for expansion to Canada in the third quarter.
STOCK SYMBOL: CHWY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The company said the macroeconomic environment is more challenged than it had previously anticipated and reduced its number of expected new store openings.
STOCK SYMBOL: DG
(CLICK HERE FOR LIVE STOCK QUOTE!)
CrowdStrike — Shares of the cybersecurity company fell 10% despite CrowdStrike’s first-quarter results beating analyst expectations. Sales reported 57 cents in adjusted earnings per share on $693 million of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per share and $676 million per share. Several Wall Street analysts highlighted a slowdown in annual recurring revenue growth as a negative for the quarter.
STOCK SYMBOL: CRWD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Target — Shares traded down 1.4% after JPMorgan downgraded them to neutral from overweight. The bank cited several factors, including a weakening consumer spending environment, ongoing share losses from recent controversies and grocery inflation headwinds.
STOCK SYMBOL: TGT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Victoria’s Secret — The stock fell 13.6% after the company reported a quarterly earnings and revenue miss. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates.
STOCK SYMBOL: VSCO
(CLICK HERE FOR LIVE STOCK QUOTE!)
CSX — Shares added 1.5% in premarket trading following an upgrade by UBS to buy from neutral. The Wall Street firm cited CSX’s strong network operation, which it believes will provide leverage to the next volume upturn. UBS also raised its price target to $37 from $33, suggesting nearly 21% upside from Wednesday’s close.
STOCK SYMBOL: CSX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Veeva Systems – The computer application company got a 9% boost in its stock price after it posted better-than-expected earnings and revenue for the first quarter. Veeva also raised its full-year earnings per share guidance by 26 cents.
STOCK SYMBOL: VEEV
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pure Storage — Shares rallied 5% following a better-than-expected first quarter earnings report. The company’s full-year revenue guidance also topped analysts’ estimates.
STOCK SYMBOL: PSTG
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.01 13:31 bigbear0083 (6/1) Thursday's Pre-Market Stock Movers & News
Stock futures rose slightly Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a U.S. default, with the measure now moving it to the Senate.
Futures on the Dow Jones Industrial Average were up 8 points, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.
The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support. Senate Majority Leader Chuck Schumer, D-N.Y., said he hopes “we can move the bill quickly here in the Senate and bring it to the president’s desk as soon as possible.”
Concern over a possible U.S. debt default lingered on Wall Street throughout May — which concluded Wednesday. Last month was also marked by a dramatic rally in artificial intelligence-related stocks.
The Nasdaq Composite ended May with a 5.8% gain as enthusiasm around AI continued to boost related stocks. Chipmaker Nvidia jumped 36% in May, briefly touching a $1 trillion market cap this week. Alphabet, Meta and Amazon all rose at least 10% during the month.
Outside of tech, gains were hard to come by, however. The S&P 500 inched up 0.3% in the month, while the blue-chip Dow fell almost 3.5%, dragged down by Nike, Walt Disney and Chevron.
“We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines,” said Craig Johnson, chief market technician at Piper Sandler.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve’s June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he’s leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday’s payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers’ index.
Nordstrom jumped 4% in premarket trading after its fiscal first-quarter sales beat Wall Street’s expectations. Salesforce shares fell about 6% after the software company bumped up its full-year forecast but reported higher capital expenses than expected.
Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall Street’s expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
STOCK SYMBOL: JWN
(CLICK HERE FOR LIVE STOCK QUOTE!)
C3.ai — The artificial intelligence company sank 21% after sharing disappointing guidance for the fiscal first quarter. That overshadowed a smaller-than-expected loss for the fiscal fourth quarter.
STOCK SYMBOL: AI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce — The software giant’s shares fell 6% after the company reported higher-than-expected capital costs and lower demand for consulting deals in its fiscal first quarter.
STOCK SYMBOL: CRM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Okta — The cloud software company’s shares tumbled more than 20% Thursday. While Okta’s first-quarter results came above consensus analyst estimates, decelerating subscription revenue growth and smaller deal sizes from a worsening macro environment worsened investor sentiment. BMO Capital Markets downgraded shares to market perform from outperform in a Thursday note.
STOCK SYMBOL: OKTA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Macy’s – Shares of the retail giant slid 7% premarket after the company missed revenue estimates for its most recent quarter, according to Refinitiv. Macy’s also slashed its full-year earnings and sales guidance, after “demand trends weakened” for discretionary items in March.
STOCK SYMBOL: M
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lucid Group – The luxury EV maker saw its shares drop 12.5% after it said it’s raising about $3 billion through a new stock offering. It added that some $1.8 billion of the raise will come from a private placement with Saudi Arabia’s Public Investment Fund, which owns about 60% of the company.
STOCK SYMBOL: LCID
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chewy — Shares jumped 17% after the pet products e-commerce company reported an earnings and revenue beat for the first quarter. The company also raised its full-year guidance and announced plans for expansion to Canada in the third quarter.
STOCK SYMBOL: CHWY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The company said the macroeconomic environment is more challenged than it had previously anticipated and reduced its number of expected new store openings.
STOCK SYMBOL: DG
(CLICK HERE FOR LIVE STOCK QUOTE!)
CrowdStrike — Shares of the cybersecurity company fell 10% despite CrowdStrike’s first-quarter results beating analyst expectations. Sales reported 57 cents in adjusted earnings per share on $693 million of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per share and $676 million per share. Several Wall Street analysts highlighted a slowdown in annual recurring revenue growth as a negative for the quarter.
STOCK SYMBOL: CRWD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Target — Shares traded down 1.4% after JPMorgan downgraded them to neutral from overweight. The bank cited several factors, including a weakening consumer spending environment, ongoing share losses from recent controversies and grocery inflation headwinds.
STOCK SYMBOL: TGT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Victoria’s Secret — The stock fell 13.6% after the company reported a quarterly earnings and revenue miss. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates.
STOCK SYMBOL: VSCO
(CLICK HERE FOR LIVE STOCK QUOTE!)
CSX — Shares added 1.5% in premarket trading following an upgrade by UBS to buy from neutral. The Wall Street firm cited CSX’s strong network operation, which it believes will provide leverage to the next volume upturn. UBS also raised its price target to $37 from $33, suggesting nearly 21% upside from Wednesday’s close.
STOCK SYMBOL: CSX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Veeva Systems – The computer application company got a 9% boost in its stock price after it posted better-than-expected earnings and revenue for the first quarter. Veeva also raised its full-year earnings per share guidance by 26 cents.
STOCK SYMBOL: VEEV
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pure Storage — Shares rallied 5% following a better-than-expected first quarter earnings report. The company’s full-year revenue guidance also topped analysts’ estimates.
STOCK SYMBOL: PSTG
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.01 13:31 bigbear0083 (6/1) Thursday's Pre-Market Stock Movers & News
Stock futures rose slightly Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a U.S. default, with the measure now moving it to the Senate.
Futures on the Dow Jones Industrial Average were up 8 points, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.
The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support. Senate Majority Leader Chuck Schumer, D-N.Y., said he hopes “we can move the bill quickly here in the Senate and bring it to the president’s desk as soon as possible.”
Concern over a possible U.S. debt default lingered on Wall Street throughout May — which concluded Wednesday. Last month was also marked by a dramatic rally in artificial intelligence-related stocks.
The Nasdaq Composite ended May with a 5.8% gain as enthusiasm around AI continued to boost related stocks. Chipmaker Nvidia jumped 36% in May, briefly touching a $1 trillion market cap this week. Alphabet, Meta and Amazon all rose at least 10% during the month.
Outside of tech, gains were hard to come by, however. The S&P 500 inched up 0.3% in the month, while the blue-chip Dow fell almost 3.5%, dragged down by Nike, Walt Disney and Chevron.
“We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines,” said Craig Johnson, chief market technician at Piper Sandler.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve’s June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he’s leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday’s payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers’ index.
Nordstrom jumped 4% in premarket trading after its fiscal first-quarter sales beat Wall Street’s expectations. Salesforce shares fell about 6% after the software company bumped up its full-year forecast but reported higher capital expenses than expected.
Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall Street’s expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
STOCK SYMBOL: JWN
(CLICK HERE FOR LIVE STOCK QUOTE!)
C3.ai — The artificial intelligence company sank 21% after sharing disappointing guidance for the fiscal first quarter. That overshadowed a smaller-than-expected loss for the fiscal fourth quarter.
STOCK SYMBOL: AI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce — The software giant’s shares fell 6% after the company reported higher-than-expected capital costs and lower demand for consulting deals in its fiscal first quarter.
STOCK SYMBOL: CRM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Okta — The cloud software company’s shares tumbled more than 20% Thursday. While Okta’s first-quarter results came above consensus analyst estimates, decelerating subscription revenue growth and smaller deal sizes from a worsening macro environment worsened investor sentiment. BMO Capital Markets downgraded shares to market perform from outperform in a Thursday note.
STOCK SYMBOL: OKTA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Macy’s – Shares of the retail giant slid 7% premarket after the company missed revenue estimates for its most recent quarter, according to Refinitiv. Macy’s also slashed its full-year earnings and sales guidance, after “demand trends weakened” for discretionary items in March.
STOCK SYMBOL: M
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lucid Group – The luxury EV maker saw its shares drop 12.5% after it said it’s raising about $3 billion through a new stock offering. It added that some $1.8 billion of the raise will come from a private placement with Saudi Arabia’s Public Investment Fund, which owns about 60% of the company.
STOCK SYMBOL: LCID
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chewy — Shares jumped 17% after the pet products e-commerce company reported an earnings and revenue beat for the first quarter. The company also raised its full-year guidance and announced plans for expansion to Canada in the third quarter.
STOCK SYMBOL: CHWY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The company said the macroeconomic environment is more challenged than it had previously anticipated and reduced its number of expected new store openings.
STOCK SYMBOL: DG
(CLICK HERE FOR LIVE STOCK QUOTE!)
CrowdStrike — Shares of the cybersecurity company fell 10% despite CrowdStrike’s first-quarter results beating analyst expectations. Sales reported 57 cents in adjusted earnings per share on $693 million of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per share and $676 million per share. Several Wall Street analysts highlighted a slowdown in annual recurring revenue growth as a negative for the quarter.
STOCK SYMBOL: CRWD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Target — Shares traded down 1.4% after JPMorgan downgraded them to neutral from overweight. The bank cited several factors, including a weakening consumer spending environment, ongoing share losses from recent controversies and grocery inflation headwinds.
STOCK SYMBOL: TGT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Victoria’s Secret — The stock fell 13.6% after the company reported a quarterly earnings and revenue miss. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates.
STOCK SYMBOL: VSCO
(CLICK HERE FOR LIVE STOCK QUOTE!)
CSX — Shares added 1.5% in premarket trading following an upgrade by UBS to buy from neutral. The Wall Street firm cited CSX’s strong network operation, which it believes will provide leverage to the next volume upturn. UBS also raised its price target to $37 from $33, suggesting nearly 21% upside from Wednesday’s close.
STOCK SYMBOL: CSX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Veeva Systems – The computer application company got a 9% boost in its stock price after it posted better-than-expected earnings and revenue for the first quarter. Veeva also raised its full-year earnings per share guidance by 26 cents.
STOCK SYMBOL: VEEV
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pure Storage — Shares rallied 5% following a better-than-expected first quarter earnings report. The company’s full-year revenue guidance also topped analysts’ estimates.
STOCK SYMBOL: PSTG
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.01 13:30 bigbear0083 (6/1) Thursday's Pre-Market Stock Movers & News
Stock futures rose slightly Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a U.S. default, with the measure now moving it to the Senate.
Futures on the Dow Jones Industrial Average were up 8 points, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.
The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support. Senate Majority Leader Chuck Schumer, D-N.Y., said he hopes “we can move the bill quickly here in the Senate and bring it to the president’s desk as soon as possible.”
Concern over a possible U.S. debt default lingered on Wall Street throughout May — which concluded Wednesday. Last month was also marked by a dramatic rally in artificial intelligence-related stocks.
The Nasdaq Composite ended May with a 5.8% gain as enthusiasm around AI continued to boost related stocks. Chipmaker Nvidia jumped 36% in May, briefly touching a $1 trillion market cap this week. Alphabet, Meta and Amazon all rose at least 10% during the month.
Outside of tech, gains were hard to come by, however. The S&P 500 inched up 0.3% in the month, while the blue-chip Dow fell almost 3.5%, dragged down by Nike, Walt Disney and Chevron.
“We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines,” said Craig Johnson, chief market technician at Piper Sandler.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve’s June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he’s leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday’s payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers’ index.
Nordstrom jumped 4% in premarket trading after its fiscal first-quarter sales beat Wall Street’s expectations. Salesforce shares fell about 6% after the software company bumped up its full-year forecast but reported higher capital expenses than expected.
Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall Street’s expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
STOCK SYMBOL: JWN
(CLICK HERE FOR LIVE STOCK QUOTE!)
C3.ai — The artificial intelligence company sank 21% after sharing disappointing guidance for the fiscal first quarter. That overshadowed a smaller-than-expected loss for the fiscal fourth quarter.
STOCK SYMBOL: AI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce — The software giant’s shares fell 6% after the company reported higher-than-expected capital costs and lower demand for consulting deals in its fiscal first quarter.
STOCK SYMBOL: CRM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Okta — The cloud software company’s shares tumbled more than 20% Thursday. While Okta’s first-quarter results came above consensus analyst estimates, decelerating subscription revenue growth and smaller deal sizes from a worsening macro environment worsened investor sentiment. BMO Capital Markets downgraded shares to market perform from outperform in a Thursday note.
STOCK SYMBOL: OKTA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Macy’s – Shares of the retail giant slid 7% premarket after the company missed revenue estimates for its most recent quarter, according to Refinitiv. Macy’s also slashed its full-year earnings and sales guidance, after “demand trends weakened” for discretionary items in March.
STOCK SYMBOL: M
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lucid Group – The luxury EV maker saw its shares drop 12.5% after it said it’s raising about $3 billion through a new stock offering. It added that some $1.8 billion of the raise will come from a private placement with Saudi Arabia’s Public Investment Fund, which owns about 60% of the company.
STOCK SYMBOL: LCID
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chewy — Shares jumped 17% after the pet products e-commerce company reported an earnings and revenue beat for the first quarter. The company also raised its full-year guidance and announced plans for expansion to Canada in the third quarter.
STOCK SYMBOL: CHWY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The company said the macroeconomic environment is more challenged than it had previously anticipated and reduced its number of expected new store openings.
STOCK SYMBOL: DG
(CLICK HERE FOR LIVE STOCK QUOTE!)
CrowdStrike — Shares of the cybersecurity company fell 10% despite CrowdStrike’s first-quarter results beating analyst expectations. Sales reported 57 cents in adjusted earnings per share on $693 million of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per share and $676 million per share. Several Wall Street analysts highlighted a slowdown in annual recurring revenue growth as a negative for the quarter.
STOCK SYMBOL: CRWD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Target — Shares traded down 1.4% after JPMorgan downgraded them to neutral from overweight. The bank cited several factors, including a weakening consumer spending environment, ongoing share losses from recent controversies and grocery inflation headwinds.
STOCK SYMBOL: TGT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Victoria’s Secret — The stock fell 13.6% after the company reported a quarterly earnings and revenue miss. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates.
STOCK SYMBOL: VSCO
(CLICK HERE FOR LIVE STOCK QUOTE!)
CSX — Shares added 1.5% in premarket trading following an upgrade by UBS to buy from neutral. The Wall Street firm cited CSX’s strong network operation, which it believes will provide leverage to the next volume upturn. UBS also raised its price target to $37 from $33, suggesting nearly 21% upside from Wednesday’s close.
STOCK SYMBOL: CSX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Veeva Systems – The computer application company got a 9% boost in its stock price after it posted better-than-expected earnings and revenue for the first quarter. Veeva also raised its full-year earnings per share guidance by 26 cents.
STOCK SYMBOL: VEEV
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pure Storage — Shares rallied 5% following a better-than-expected first quarter earnings report. The company’s full-year revenue guidance also topped analysts’ estimates.
STOCK SYMBOL: PSTG
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.01 13:30 bigbear0083 (6/1) Thursday's Pre-Market Stock Movers & News
Stock futures rose slightly Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a U.S. default, with the measure now moving it to the Senate.
Futures on the Dow Jones Industrial Average were up 8 points, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.
The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support. Senate Majority Leader Chuck Schumer, D-N.Y., said he hopes “we can move the bill quickly here in the Senate and bring it to the president’s desk as soon as possible.”
Concern over a possible U.S. debt default lingered on Wall Street throughout May — which concluded Wednesday. Last month was also marked by a dramatic rally in artificial intelligence-related stocks.
The Nasdaq Composite ended May with a 5.8% gain as enthusiasm around AI continued to boost related stocks. Chipmaker Nvidia jumped 36% in May, briefly touching a $1 trillion market cap this week. Alphabet, Meta and Amazon all rose at least 10% during the month.
Outside of tech, gains were hard to come by, however. The S&P 500 inched up 0.3% in the month, while the blue-chip Dow fell almost 3.5%, dragged down by Nike, Walt Disney and Chevron.
“We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines,” said Craig Johnson, chief market technician at Piper Sandler.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve’s June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he’s leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday’s payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers’ index.
Nordstrom jumped 4% in premarket trading after its fiscal first-quarter sales beat Wall Street’s expectations. Salesforce shares fell about 6% after the software company bumped up its full-year forecast but reported higher capital expenses than expected.
Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall Street’s expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
STOCK SYMBOL: JWN
(CLICK HERE FOR LIVE STOCK QUOTE!)
C3.ai — The artificial intelligence company sank 21% after sharing disappointing guidance for the fiscal first quarter. That overshadowed a smaller-than-expected loss for the fiscal fourth quarter.
STOCK SYMBOL: AI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce — The software giant’s shares fell 6% after the company reported higher-than-expected capital costs and lower demand for consulting deals in its fiscal first quarter.
STOCK SYMBOL: CRM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Okta — The cloud software company’s shares tumbled more than 20% Thursday. While Okta’s first-quarter results came above consensus analyst estimates, decelerating subscription revenue growth and smaller deal sizes from a worsening macro environment worsened investor sentiment. BMO Capital Markets downgraded shares to market perform from outperform in a Thursday note.
STOCK SYMBOL: OKTA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Macy’s – Shares of the retail giant slid 7% premarket after the company missed revenue estimates for its most recent quarter, according to Refinitiv. Macy’s also slashed its full-year earnings and sales guidance, after “demand trends weakened” for discretionary items in March.
STOCK SYMBOL: M
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lucid Group – The luxury EV maker saw its shares drop 12.5% after it said it’s raising about $3 billion through a new stock offering. It added that some $1.8 billion of the raise will come from a private placement with Saudi Arabia’s Public Investment Fund, which owns about 60% of the company.
STOCK SYMBOL: LCID
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chewy — Shares jumped 17% after the pet products e-commerce company reported an earnings and revenue beat for the first quarter. The company also raised its full-year guidance and announced plans for expansion to Canada in the third quarter.
STOCK SYMBOL: CHWY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The company said the macroeconomic environment is more challenged than it had previously anticipated and reduced its number of expected new store openings.
STOCK SYMBOL: DG
(CLICK HERE FOR LIVE STOCK QUOTE!)
CrowdStrike — Shares of the cybersecurity company fell 10% despite CrowdStrike’s first-quarter results beating analyst expectations. Sales reported 57 cents in adjusted earnings per share on $693 million of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per share and $676 million per share. Several Wall Street analysts highlighted a slowdown in annual recurring revenue growth as a negative for the quarter.
STOCK SYMBOL: CRWD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Target — Shares traded down 1.4% after JPMorgan downgraded them to neutral from overweight. The bank cited several factors, including a weakening consumer spending environment, ongoing share losses from recent controversies and grocery inflation headwinds.
STOCK SYMBOL: TGT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Victoria’s Secret — The stock fell 13.6% after the company reported a quarterly earnings and revenue miss. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates.
STOCK SYMBOL: VSCO
(CLICK HERE FOR LIVE STOCK QUOTE!)
CSX — Shares added 1.5% in premarket trading following an upgrade by UBS to buy from neutral. The Wall Street firm cited CSX’s strong network operation, which it believes will provide leverage to the next volume upturn. UBS also raised its price target to $37 from $33, suggesting nearly 21% upside from Wednesday’s close.
STOCK SYMBOL: CSX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Veeva Systems – The computer application company got a 9% boost in its stock price after it posted better-than-expected earnings and revenue for the first quarter. Veeva also raised its full-year earnings per share guidance by 26 cents.
STOCK SYMBOL: VEEV
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pure Storage — Shares rallied 5% following a better-than-expected first quarter earnings report. The company’s full-year revenue guidance also topped analysts’ estimates.
STOCK SYMBOL: PSTG
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.01 13:29 bigbear0083 (6/1) Thursday's Pre-Market Stock Movers & News
Stock futures rose slightly Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a U.S. default, with the measure now moving it to the Senate.
Futures on the Dow Jones Industrial Average were up 8 points, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.
The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support. Senate Majority Leader Chuck Schumer, D-N.Y., said he hopes “we can move the bill quickly here in the Senate and bring it to the president’s desk as soon as possible.”
Concern over a possible U.S. debt default lingered on Wall Street throughout May — which concluded Wednesday. Last month was also marked by a dramatic rally in artificial intelligence-related stocks.
The Nasdaq Composite ended May with a 5.8% gain as enthusiasm around AI continued to boost related stocks. Chipmaker Nvidia jumped 36% in May, briefly touching a $1 trillion market cap this week. Alphabet, Meta and Amazon all rose at least 10% during the month.
Outside of tech, gains were hard to come by, however. The S&P 500 inched up 0.3% in the month, while the blue-chip Dow fell almost 3.5%, dragged down by Nike, Walt Disney and Chevron.
“We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines,” said Craig Johnson, chief market technician at Piper Sandler.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve’s June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he’s leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday’s payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers’ index.
Nordstrom jumped 4% in premarket trading after its fiscal first-quarter sales beat Wall Street’s expectations. Salesforce shares fell about 6% after the software company bumped up its full-year forecast but reported higher capital expenses than expected.
Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall Street’s expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
STOCK SYMBOL: JWN
(CLICK HERE FOR LIVE STOCK QUOTE!)
C3.ai — The artificial intelligence company sank 21% after sharing disappointing guidance for the fiscal first quarter. That overshadowed a smaller-than-expected loss for the fiscal fourth quarter.
STOCK SYMBOL: AI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce — The software giant’s shares fell 6% after the company reported higher-than-expected capital costs and lower demand for consulting deals in its fiscal first quarter.
STOCK SYMBOL: CRM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Okta — The cloud software company’s shares tumbled more than 20% Thursday. While Okta’s first-quarter results came above consensus analyst estimates, decelerating subscription revenue growth and smaller deal sizes from a worsening macro environment worsened investor sentiment. BMO Capital Markets downgraded shares to market perform from outperform in a Thursday note.
STOCK SYMBOL: OKTA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Macy’s – Shares of the retail giant slid 7% premarket after the company missed revenue estimates for its most recent quarter, according to Refinitiv. Macy’s also slashed its full-year earnings and sales guidance, after “demand trends weakened” for discretionary items in March.
STOCK SYMBOL: M
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lucid Group – The luxury EV maker saw its shares drop 12.5% after it said it’s raising about $3 billion through a new stock offering. It added that some $1.8 billion of the raise will come from a private placement with Saudi Arabia’s Public Investment Fund, which owns about 60% of the company.
STOCK SYMBOL: LCID
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chewy — Shares jumped 17% after the pet products e-commerce company reported an earnings and revenue beat for the first quarter. The company also raised its full-year guidance and announced plans for expansion to Canada in the third quarter.
STOCK SYMBOL: CHWY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The company said the macroeconomic environment is more challenged than it had previously anticipated and reduced its number of expected new store openings.
STOCK SYMBOL: DG
(CLICK HERE FOR LIVE STOCK QUOTE!)
CrowdStrike — Shares of the cybersecurity company fell 10% despite CrowdStrike’s first-quarter results beating analyst expectations. Sales reported 57 cents in adjusted earnings per share on $693 million of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per share and $676 million per share. Several Wall Street analysts highlighted a slowdown in annual recurring revenue growth as a negative for the quarter.
STOCK SYMBOL: CRWD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Target — Shares traded down 1.4% after JPMorgan downgraded them to neutral from overweight. The bank cited several factors, including a weakening consumer spending environment, ongoing share losses from recent controversies and grocery inflation headwinds.
STOCK SYMBOL: TGT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Victoria’s Secret — The stock fell 13.6% after the company reported a quarterly earnings and revenue miss. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates.
STOCK SYMBOL: VSCO
(CLICK HERE FOR LIVE STOCK QUOTE!)
CSX — Shares added 1.5% in premarket trading following an upgrade by UBS to buy from neutral. The Wall Street firm cited CSX’s strong network operation, which it believes will provide leverage to the next volume upturn. UBS also raised its price target to $37 from $33, suggesting nearly 21% upside from Wednesday’s close.
STOCK SYMBOL: CSX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Veeva Systems – The computer application company got a 9% boost in its stock price after it posted better-than-expected earnings and revenue for the first quarter. Veeva also raised its full-year earnings per share guidance by 26 cents.
STOCK SYMBOL: VEEV
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pure Storage — Shares rallied 5% following a better-than-expected first quarter earnings report. The company’s full-year revenue guidance also topped analysts’ estimates.
STOCK SYMBOL: PSTG
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.
2023.06.01 13:28 bigbear0083 (6/1) Thursday's Pre-Market Stock Movers & News
Stock futures rose slightly Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a U.S. default, with the measure now moving it to the Senate.
Futures on the Dow Jones Industrial Average were up 8 points, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.
The Fiscal Responsibility Act passed by a vote of 314-117 with bipartisan support. Senate Majority Leader Chuck Schumer, D-N.Y., said he hopes “we can move the bill quickly here in the Senate and bring it to the president’s desk as soon as possible.”
Concern over a possible U.S. debt default lingered on Wall Street throughout May — which concluded Wednesday. Last month was also marked by a dramatic rally in artificial intelligence-related stocks.
The Nasdaq Composite ended May with a 5.8% gain as enthusiasm around AI continued to boost related stocks. Chipmaker Nvidia jumped 36% in May, briefly touching a $1 trillion market cap this week. Alphabet, Meta and Amazon all rose at least 10% during the month.
Outside of tech, gains were hard to come by, however. The S&P 500 inched up 0.3% in the month, while the blue-chip Dow fell almost 3.5%, dragged down by Nike, Walt Disney and Chevron.
“We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines,” said Craig Johnson, chief market technician at Piper Sandler.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve’s June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he’s leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday’s payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers’ index.
Nordstrom jumped 4% in premarket trading after its fiscal first-quarter sales beat Wall Street’s expectations. Salesforce shares fell about 6% after the software company bumped up its full-year forecast but reported higher capital expenses than expected.
Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results topped Wall Street’s expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
STOCK SYMBOL: JWN
(CLICK HERE FOR LIVE STOCK QUOTE!)
C3.ai — The artificial intelligence company sank 21% after sharing disappointing guidance for the fiscal first quarter. That overshadowed a smaller-than-expected loss for the fiscal fourth quarter.
STOCK SYMBOL: AI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce — The software giant’s shares fell 6% after the company reported higher-than-expected capital costs and lower demand for consulting deals in its fiscal first quarter.
STOCK SYMBOL: CRM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Okta — The cloud software company’s shares tumbled more than 20% Thursday. While Okta’s first-quarter results came above consensus analyst estimates, decelerating subscription revenue growth and smaller deal sizes from a worsening macro environment worsened investor sentiment. BMO Capital Markets downgraded shares to market perform from outperform in a Thursday note.
STOCK SYMBOL: OKTA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Macy’s – Shares of the retail giant slid 7% premarket after the company missed revenue estimates for its most recent quarter, according to Refinitiv. Macy’s also slashed its full-year earnings and sales guidance, after “demand trends weakened” for discretionary items in March.
STOCK SYMBOL: M
(CLICK HERE FOR LIVE STOCK QUOTE!)
Lucid Group – The luxury EV maker saw its shares drop 12.5% after it said it’s raising about $3 billion through a new stock offering. It added that some $1.8 billion of the raise will come from a private placement with Saudi Arabia’s Public Investment Fund, which owns about 60% of the company.
STOCK SYMBOL: LCID
(CLICK HERE FOR LIVE STOCK QUOTE!)
Chewy — Shares jumped 17% after the pet products e-commerce company reported an earnings and revenue beat for the first quarter. The company also raised its full-year guidance and announced plans for expansion to Canada in the third quarter.
STOCK SYMBOL: CHWY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The company said the macroeconomic environment is more challenged than it had previously anticipated and reduced its number of expected new store openings.
STOCK SYMBOL: DG
(CLICK HERE FOR LIVE STOCK QUOTE!)
CrowdStrike — Shares of the cybersecurity company fell 10% despite CrowdStrike’s first-quarter results beating analyst expectations. Sales reported 57 cents in adjusted earnings per share on $693 million of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per share and $676 million per share. Several Wall Street analysts highlighted a slowdown in annual recurring revenue growth as a negative for the quarter.
STOCK SYMBOL: CRWD
(CLICK HERE FOR LIVE STOCK QUOTE!)
Target — Shares traded down 1.4% after JPMorgan downgraded them to neutral from overweight. The bank cited several factors, including a weakening consumer spending environment, ongoing share losses from recent controversies and grocery inflation headwinds.
STOCK SYMBOL: TGT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Victoria’s Secret — The stock fell 13.6% after the company reported a quarterly earnings and revenue miss. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates.
STOCK SYMBOL: VSCO
(CLICK HERE FOR LIVE STOCK QUOTE!)
CSX — Shares added 1.5% in premarket trading following an upgrade by UBS to buy from neutral. The Wall Street firm cited CSX’s strong network operation, which it believes will provide leverage to the next volume upturn. UBS also raised its price target to $37 from $33, suggesting nearly 21% upside from Wednesday’s close.
STOCK SYMBOL: CSX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Veeva Systems – The computer application company got a 9% boost in its stock price after it posted better-than-expected earnings and revenue for the first quarter. Veeva also raised its full-year earnings per share guidance by 26 cents.
STOCK SYMBOL: VEEV
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pure Storage — Shares rallied 5% following a better-than-expected first quarter earnings report. The company’s full-year revenue guidance also topped analysts’ estimates.
STOCK SYMBOL: PSTG
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.05.31 04:31 NProgress7 I'm trying to Love Wilmington
2023.05.31 03:16 Jgryder One last post from me!
2023.05.30 16:56 TayneTheBetaSequence Virtu Tin Foil Deep Dive - Part 2
![]() | DISCLAIMER: Everything from this point on is SPECULATION and a lot of this information is NOT PROVEN. Any accusations I make towards any people are not proven and should not be used to make financial decisions. I am not a financial advisor and any information provided is from resources alleging accusations against certain people/parties that may not be proven in a court of law as of this writing. submitted by TayneTheBetaSequence to bobbystock [link] [comments] Please read my previous post before reading this post: https://www.reddit.com/bobbystock/comments/13pg31w/deep_dive_tinfoil_long_latest_pulte_tweet/?utm_source=share&utm_medium=web2x&context=3 Please also read: Panthers owner Viola accused of draining "staggering" $ from public investors (floridabulldog.org) TLDR - From last post Through a series of tweets, I believe RC and Pulte are trying to point to Virtue financial based on their interesting responses to Florida Panther Tweets.
On to the new developments: When Pulte tweeted BIG WEEK AHEAD, holy shit, he wasn't kidding. I worked on my previous post until about 2:30am on 5/23/23 in the morning and posted. Right around the same time as my previous post, Ryan Cohen commented on a Florida Panthers tweet at the same time in the morning. Ryan Cohen very rarely tweets this late in the day, most of his activity is within reasonable hours of the day. 5/23/23 - Ryan Cohen responds with a Fist/Punch emoji to Florida Panthers around 3:30am EST. The fact that I did a write up about Vincent Viola and Virtu based on the Twitter activity from Pulte and Ryan Cohen, and RC makes a comment at the same time in the morning on the Florida Panthers Twitter account bewildered me. 5/22/23 - Pulte also responds to a Panthers GIF with a fire symbol. Both RC and Pulte are both responding to Panthers on the same day? Interesting. It get's even more strange from there. Starting the morning of 5/23/23 a string of lawsuits began being filed against Virtu Financial: https://preview.redd.it/939bt4wau03b1.png?width=702&format=png&auto=webp&s=f234f4632616789284871831d11d717e193a2738 https://preview.redd.it/wiak5yxfdw2b1.png?width=672&format=png&auto=webp&s=c7eb27c98ca728cb751b5bb264708e050f3d16af https://preview.redd.it/71cmd2tndw2b1.png?width=681&format=png&auto=webp&s=641ce7b0e033b2d6ad08d508935dded7ab1c9184 https://preview.redd.it/ryk21nqrdw2b1.png?width=676&format=png&auto=webp&s=b109d2aba554df86e725472108ef0d9283c16554 https://preview.redd.it/9qdeutxvdw2b1.png?width=674&format=png&auto=webp&s=3d7f78432cc80e8b27b7660fc54a40f57e2ce812 https://preview.redd.it/704mtkh9ew2b1.png?width=678&format=png&auto=webp&s=be92b6f866a6dfb472672946fab427617425b1c7 https://preview.redd.it/z5luw8cqew2b1.png?width=672&format=png&auto=webp&s=8e81e442bc27756a97fdc80c3cd9b449b460c2e9 https://preview.redd.it/6axuwnb0fw2b1.png?width=674&format=png&auto=webp&s=92b5e721c90785b560aa0b871460fafa173bd2e1 https://preview.redd.it/931tj8ejew2b1.png?width=674&format=png&auto=webp&s=64a39a938024da9a0d5f2b4d6f916bdac92628cc I called in a personal dear friend of mine, The Count from Sesame Street, he did his due diligence and reported back to me: 13 lawsuits. Ryan Cohen tweeted a fist/punch just before this string of lawsuits started very late at night.. I think there may have only been one pending before the tweet. RC tweets a punch.. and the lawsuits start flowing in? Is RC behind this chain of events? Also, later that morning.. Pulte tweets a fire? Maybe.. alluding to the fire has been started? Legitimately, I post the article early in the morning. I goto bed and wake up, and I see tons of messages for me to check out all the new lawsuits against Virtu Financial. (Crazy timing) Strange right? Not really, IMO. As in my previous post, I outline the cookie crumb trail that Ryan Cohen and Pulte were dropping over the past month (from what I can gather). The timing was definitely strange though. 5/23/23 - Ryan Cohen tweets about CEO compensation. There is some tinfoild here with the number 351 and 351 mergers.. could be a thing, but not getting into that here. (Going back in time for this tweet) 5/14/23 - Pulte tweets about CEO Compensation and one scheme that bad CEO's do. 5/23/23 - (Same Day as RC Rocket CEO Tweet) - Pulte tweets about SHAREHOLDERS yet again. The S in shareholders is capitalized, not sure why he has done this in a few tweets (capitalizing letters of things that shouldn't be) On May 25th, Pulte responds to a photoshopped tweet of both his head and RC's head photoshopped on Panthers players bodies.. \"True. Go cats\" Pulte had a string of interesting tweets on 5/29/23 (Memorial Day): 5/29/2023 - Notice here, he bolds \"TM\" and \"Who Rigged it?\". Clearly he is setting up a connection for the next tweet. Could he be alluding to the Market Maker Virtu Financial who specializes in HIGH FREQUENCY TRADING? Also, what does TM stand for? Tomorrow? Trademark? "The Market"? .... "THE MAYO!?!?!" 5/29/2023 - Notice Pulte bolds: \"There is a They\". Also this is the first time I have seen Pulte use bold in tweets in the same day, on the same subject matter. Strange that the \"T\" in They is capitalized. It shouldn't be. Also, a wise live-streamer... Roaring Kitty? But.. I also kinda remember ABC ranting on the PP Show about something very similar to this. (I'm not combing through 100 hours of PPshow to find that) 5/29/2023 - Pulte is referencing \"They\" multiple times in this tweet. Based on the previous two bolded tweets, it appears to me he is saying: The market is rigged by someone who knows they are lying, the public/apes know it, but they don't give a flying fuck. There is no hard evidence all three of these tweets are connected but I think the third tweet, he uses the term them "they" SIX times. In the previous tweet, on the same day, he outlines that there is a "they" and its BOLDED. The tweet before, he bolds "Who rigged it?" I see from my line of thinking: They are the ones who rigged the market. And that is the "they" he is referring to in the third tweet. Detractors will say Pulte is talking about the bad eggs on the PulteHome board/Management or the former employee who was trolling Pulte on random accounts trying to smear his reputation. And they could easily be right, and that lines of thinking makes sense as well. In my previous post, I mention that Pulte said that they would be revealing major corruption, does Pulte know "who they are"? Both Pulte and RC have been commenting on Florida Panther Tweets ALOT this month. Based on the string of at least 13 lawsuits from Tuesday (5/23/23) against Virtu Financial, it's not making them look any better. There is also this interesting article from about a month ago in regard to Virtu Financial Co-President and Co-COO selling stock: https://preview.redd.it/p4si4cqeew2b1.png?width=682&format=png&auto=webp&s=5d8dbb009e7713e6548e21d098124171b4646866 The Co-President & Co-COO of Virtu Financial, Inc. (NASDAQ:VIRT), Brett Fairclough, Just Sold 57% Of Their Holding - Simply Wall St News (link) Brett Fairclough, the Co-COO just happens to sell 57% before all these lawsuits start piling up? This seems rather sus. The board of Virtu Financial is filled with non-qualified friends and family of Vincent Viola and Vincent Viola shares a majority stake ownership in the company. This is what is referred to as Cronyism. Here's some highlights from the article: "We wouldn't blame Virtu Financial, Inc. (NASDAQ:VIRT) shareholders if they were a little worried about the fact that Brett Fairclough, the Co-President & Co-COO recently netted about US$970k selling shares at an average price of US$19.39. Probably the most concerning element of the whole transaction is that the disposal amounted to 57% of their entire holding. In the last twelve months, the biggest single sale by an insider was when the Executive VP of Markets & Global Head of Execution Services, Stephen Cavoli, sold US$2.6m worth of shares at a price of US$29.52 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$19.00. So it may not shed much light on insider confidence at current levels. In total, Virtu Financial insiders sold more than they bought over the last year. " Also here is some additional sus information from the original article that started this whole theory: Panthers owner Viola accused of draining "staggering" $ from public investors (floridabulldog.org) "According to Forbes, which ranks Viola’s current real time net worth as $3.4 billion, Viola used the money to splurge on real estate – including the $10-million purchase of a pair of beachfront condos in Fort Lauderdale’s Auberge Beach Residences & Spa. Viola and his wife, Teresa, sold the places in March for $11.3 million. In December 2021 they paid $19.725 million for a six-bedroom, six-bathroom single-family beachfront home on the Gulf of Mexico in Boca Grande, records show. The home is held in the name of a Delaware corporation using the property’s address." Beach front properties not under their own name? Under the name of a Delware corporation? (for those of you who don't understand the significance of a "Delaware" corporation. Delaware is a tax haven state, many major banks and corporations are based out of DE to get large tax breaks. If you drive into the city of Wilmington, DE... (Don't its actually very dangerous), you will see there is a ton of major banks headquartered there.) In my previous post I highlight Ryan Cohen referencing Cronyism: This was tweeted by Ryan Cohen, the same day (Mothers Day) as when the responses to the Florida Panthers tweets started. In conclusion, you can see in the past one week all the developments above in my crackpot theory that RC/Pulte are targeting Virtu/Vincent Viola. We have about 13 class action lawsuits being filed, alot of selling from insiders at Virtu Financial over the past year, we have two more interactions from RC and Pulte with the Florida Panthers Twitter account, more mentions of "SHAREHOLDERS", and Pulte ranting about the mysterious THEY... and if you can't figure out who THEY is from this post. God bless your soul and HODL. I think we are going to see huge developments on Virtu in the coming days/weeks. AGAIN, none of this is proven to be true, it is just me connecting tweets and news articles. I am a certified idiot, and you should not make any financial decisions based on this information, because I am not a financial advisor nor am I a legal expert. |
2023.05.28 18:26 Mr_EZ_sk I was looking for a fogo de chaos and I couldn’t get over how much this part of Florida looks like the Middle East. Illustration vs original
![]() | submitted by Mr_EZ_sk to mapporncirclejerk [link] [comments] |