Adobe Stock Price Forecast: A 9% plunge after the release of results is a buying opportunity

/ / Technology /

Adobe (NASDAQ:ADBE) reported its fourth-quarter FY2024 results after market hours on Wednesday, and its FY2025 guidance fell less than 9% in after-hours trading. Although the stock price has plummeted, it provides us with a rare buying opportunity. According to the financial report data, the company’s Q4 revenue was $5.61 billion, a year-on-year increase of 11%, better than the market expectation of $5.54 billion; Earnings per share, excluding certain items, were $4.81, also better than the consensus of $4.67. Adobe’s annual digital media recurring revenue (ARR) for the quarter was $17.3 billion, slightly above analysts’ average estimates. In the fourth quarter, revenue in the digital media segment, which includes Adobe’s flagship creative and document processing software, increased 12% year-over-year to $4.15 billion. Segment revenue, which includes marketing and analytics software, increased 10% year-over-year to $1.4 billion. However, Adobe issued disappointing revenue guidance for fiscal year 2025, which it expects revenue to […]

Adobe Stock Price Forecast: A 9% plunge after the release of results is a buying opportunity Read Post »

NVIDIA Stock Forecast: A Dip is a Buy Opportunity

/ / Technology /

NVIDIA (NASDAQ:NVDA) stock has had a poor recent performance, underperforming the NASDAQ100 and S&P 500, but now is an opportunity to buy. NVIDIA (NASDAQ:NVDA) Daily candlestick chart – 11.12.2024 As of the close, NVIDIA shares fell 2.69% to close at $135.007, falling below $134 intraday, mainly affected by the semiconductor index, Broadcom, TSMC, etc. all fell sharply. NVIDIA has very strong buying support at $131, and according to my recent trading records, the range of $130-$145 is very profitable, but it should be noted that there is no probability of falling below $130, so the total position is controlled within 30%. At the moment my position is within 30%, and if it falls below $130, I will increase my position again, and this probability has started to rise recently. Buying on dips is still a very good opportunity to trade profitably. As for the valuation level, I think the overall

NVIDIA Stock Forecast: A Dip is a Buy Opportunity Read Post »

Can Tesla stock be shorted now?

/ / Consumer Discretionary /

Tesla shares have skyrocketed since the 2024Q3 earnings report, with a range increase of up to 83%. Investors who were short lost a lot, I started short at $370, but the position was extremely low and the losses were limited at the moment. With so much going up, is it time to start short trading? TESLA daily candlestick chart – 2024.12.11 From the analysis of the daily K-line chart, the stock price is accelerating up, and now it is definitely a counter-trend transaction to start shorting, from the technical chart, there is no bearish space, for such a strong trend, it is very likely to get out of the range shock in the later stage, before the stock price does not appear obvious top characteristics, we must be cautious short, this stock is now the highest trading volume in the entire NASDAQ market, speculative trading has exploded, but there is

Can Tesla stock be shorted now? Read Post »

Euro Credit Default Protection Costs Rise Following Nvidia’s Earnings

/ / Uncategorized /

The cost of insuring euro credit against default using credit default swaps rises as appetite for risk declines following Nvidia’s earnings. The company’s earnings were stronger-than-expected but gross margin fell slightly. “The negative market reaction to Nvidia’s results suggests investors are now focusing on the minutiae rather than the big picture,” AJ Bell’s Dan Coatsworth says in a note. The iTraxx Europe Crossover index which tracks euro junk bond credit default swaps rises 4 basis points to 308bps, S&P Global Market Intelligence data show. The iTraxx Europe Main index which tracks euro investment-grade CDS climbs 1bp to 58bps.

Euro Credit Default Protection Costs Rise Following Nvidia’s Earnings Read Post »

Nvidia Results Show Red Flags

/ / Uncategorized /

Nvidia reported another strong quarter but there are two red flags, Swissquote Bank’s Ipek Ozkardeskaya writes in market comments. The artificial-intelligence chip maker’s gross margin slipped to 74.6% in the third quarter from 75.1% in the second quarter, Ozkardeskaya notes. Nvidia’s next-generation AI chips, known as Blackwell, are in high demand from customers like Microsoft, Google, Meta and Elon Musk’s xAI. However, these companies will be done buying chips on a large scale at some point, Ozkardeskaya says, and Nvidia will need to find new clients.

Nvidia Results Show Red Flags Read Post »

Walmart Earnings: Holiday Shopping Is Off to a Strong Start

/ / Uncategorized /

Walmart said U.S. sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys — a sign that spending is off to a steady start this holiday season. The retail giant raised its sales and profit estimates for the year. The results were better than analysts expected, and Walmart shares rose about 3% in Tuesday’s trading. Walmart executives said they are watching potential policy moves by the incoming Trump administration, particularly on import taxes. The retailer said it is importing some products early in case of new tariffs or potential port strikes in January. The Results Sales: U.S. comparable sales, those from stores and digital channels in operation for at least 12 months, rose 5.3% for the quarter ended Oct. 25, driven by broad demand for its goods and market share gains across economic groups, including higher-income households. Analysts were expecting about 3.9% growth, according

Walmart Earnings: Holiday Shopping Is Off to a Strong Start Read Post »

Chip Stocks Have Tumbled. Time to Buy.

/ / Uncategorized /

Semiconductor stocks have gotten hit too hard. The time has come to jump in and buy. The VanEck Semiconductor Exchange-Traded Fund has fallen 14% to $241 from the record high it hit in mid July, while the S&P 500 has kept on rising. Now, much of the risk that demand for chips could be hurt as a result is reflected in the stocks’ prices. The ETF is trading close to the range of about $215 to $240 where it has found support all year. Investors keep buying the stocks, recognizing that chip makers’ profits earnings are likely to continue to rise over the long term. Chip stocks are “oversold,” wrote Jeff deGraaf, head of technical research at Renaissance Macro Research, in a note on Monday. The semiconductor ETF now trades at 26 times the earnings per share analysts expect the fund’s companies to deliver over the coming 12 months. That

Chip Stocks Have Tumbled. Time to Buy. Read Post »

TSMC’s American Fabs Could Dilute Its Margin Long Term

/ / Uncategorized /

TSMC’s American fabs could dilute its margin, but the Taiwanese contract chipmaker will likely pass on the costs, Morgan Stanley analysts say. The $6.6 billion award under the Chips Act to TSMC Arizona was confirmed last week, and the first of the company’s three facilities is on track to fully open in early 2025. “We see this as a confirmation, instead of more aggressive node migration in the U.S.,” the analysts say in a note. TSMC could produce the A16 node in the U.S. by 2030, after the A14, its most advanced node, is produced first in Taiwan in 2028 or 2029, they say. While the analysts expect long-term margin dilution from the U.S. fabs, they believe TSMC’s stock could rerate because the award was confirmed before Donald Trump took office and the chip maker can adjust future wafer prices to pass on the higher costs. Shares are last at

TSMC’s American Fabs Could Dilute Its Margin Long Term Read Post »

Tesla to Fare Well Despite Trump Plan to Eliminate EV Tax Credit, Wedbush Says

/ / Uncategorized /

Tesla (TSLA) should perform well despite President-elect Donald Trump’s plan to discontinue the $7,500 consumer tax credit for electric vehicles, Wedbush said in a note to investors. Removing the incentive would particularly hurt General Motors (GM), Ford (F), Stellantis (STLA) and Rivian (RIVN), but Tesla’s “unmatched” scale and scope would allow it to use the lack of a tax credit to outmatch Detroit competitors, Wedbush said. Other incentives and programs could still support US-built EVs, Wedbush said, adding that Tesla Chief Executive Elon Musk will “have a big seat at the table as these EV discussions happen within the Trump transition team.” Wedbush maintained its outperform rating and $400 share price target on Tesla stock.

Tesla to Fare Well Despite Trump Plan to Eliminate EV Tax Credit, Wedbush Says Read Post »

Starbucks Has Opportunity to Re-Accelerate US Business, RBC Says

/ / Uncategorized /

Starbucks (SBUX) has a “meaningful” opportunity to re-accelerate its US business after recent headwinds, RBC Capital Markets said in a note to clients emailed Friday. “Amidst macro [and] idiosyncratic headwinds, the US business has been challenged in FY24 which we believe is an opportunity as the new CEO Brian Niccols adjusts the strategy of the business,” the note said. Starbucks can improve factors like “wait times” as well as the “value proposition on both pricing and customer experience,” RBC said. “Ongoing throughput investments can be increasingly impactful; we like the implementation of a 4-minute wait time given the focus on customer experience,” the note said. “And incremental investments, while margin dilutive in the [near term,] could reaccelerate traffic which is critical for the stock to work.” Meanwhile, in China, even amid a challenging macro scenario, the company may see a rebound due to factors like “increasing urbanization,” the “rise of

Starbucks Has Opportunity to Re-Accelerate US Business, RBC Says Read Post »

ASML’s Confirmation of Long-Term Guidance Is Positiv

/ / Uncategorized /

ASML Holding made no changes to its 2030 sales and margin targets in a good development for the stock, J.P. Morgan analysts write in a note to clients. The Dutch semiconductor-equipment maker is still expecting sales of roughly 44 billion to 60 billion euros in 2030 and a gross margin of about 56% to 60%. The analysts say they weren’t expecting a guidance upgrade since ASML cut its 2025 forecasts only last month. The lack of surprises is good for the company, they add. ASML shares trade 4% higher at 652.80 euros.

ASML’s Confirmation of Long-Term Guidance Is Positiv Read Post »

Scroll to Top