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Trading Desk: Carvana Stacks Gains Like Its Cars
After a year marked by struggles and losses, Carvana (CVNA) has reversed its fortunes. The company’s surprise first-quarter earnings report revealed a stunning profit of
Trading Desk: Amazon Stays In Growth Mode
Amazon (AMZN) surged this week following a stellar first-quarter earnings report that smashed investor expectations. The e-commerce and cloud-computing titan not only beat the street
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Trading Desk: Carvana Stacks Gains Like Its Cars
After a year marked by struggles and losses, Carvana (CVNA) has reversed its fortunes. The company’s surprise first-quarter earnings report revealed a stunning profit of $49 million, a remarkable shift from the crushing $286 million loss incurred in the same period last year. This remarkable
Trading Desk: Amazon Stays In Growth Mode
Amazon (AMZN) surged this week following a stellar first-quarter earnings report that smashed investor expectations. The e-commerce and cloud-computing titan not only beat the street on sales and earnings but also hinted at further profitability gains, thanks in large part to its accelerating AWS cloud
Trading Desk: Mood Around Tesla Shifts Gears
Elon Musk used Tesla’s (TSLA) recent earnings call to make a case that Tesla is primarily a tech company — and yes, he’s now betting its entire future on his dream of fully autonomous vehicles. “If you value Tesla as just an auto company, fundamentally,
Trading Desk: What Triggered The META Selloff?
Shares of Meta Platforms (META) took a nosedive Thursday morning, plummeting as much as 16% following the release of its first-quarter earnings report. Despite surpassing Wall Street expectations, the social media giant’s stock remains down even now. Meta’s earnings release revealed impressive growth. Revenue surged
Trading Desk: Secrets Of The Congressional Super-Investors
While Warren Buffett is a household name in investing, a different set of names made headlines this week for their exceptional 2023 stock market performance. Yes, a handful of Congressional representatives achieved triple-digit returns — a feat that might inspire savvy investors to take a
Trading Desk: Rising Rates Are A Bull Signal
The past year has been a rollercoaster for investors. Concerns about persistently high inflation and the Federal Reserve’s aggressive rate hikes have rattled markets. The stock market, particularly tech-heavy sectors, has seen significant drawdowns, seemingly confirming the common belief that rising interest rates are bad