Once investors come back from Memorial Day weekend, the setup for stocks looks tough. June is historically the worst month for all three of the major averages during midterm election years, according to the Stock Trader's Almanac. The S & P 500 has lost 2.1% on average in the past, while the Dow Jones Industrial Average and Nasdaq Composite have slid 1.9%, each. By comparison, the S & P 500 has ga...
Once investors come back from Memorial Day weekend, the setup for stocks looks tough. June is historically the worst month for all three of the major averages during midterm election years, according to the Stock Trader's Almanac. The S & P 500 has lost 2.1% on average in the past, while the Dow Jones Industrial Average and Nasdaq Composite have slid 1.9%, each. By comparison, the S & P 500 has gained 0.2% in an average month of June, across all years in data going back to 1950. The technical setup is deteriorating, too, as fewer stocks participate in the rally and momentum stalls. In one example, a sell signal was triggered Monday, May 18, marking the end of the best six months for the Dow and the S & P 500, according to Jeff Hirsch, editor in chief at the Stock Trader's Almanac. The Nasdaq's "best eight months" usually doesn't end until June. It's becoming the consensus on Wall Street, too, that stocks are due for some consolidation over the summer months, after their soaring rally off the March lows. The S & P 500 has climbed roughly 19% since the end of March, topping 7,500 last week for the first time ever. It was recently just a little off those highs. Hirsch expects 7,150 is a key support level to watch in the S & P 500, roughly a 4% to 5% decline from current levels. But he also wouldn't be surprised if the broader index pulls back to 6,600 or 6,700 to fill the April ceasefire gap at some point over the summer. That would equate to a correction of 10% to 12%. In the broader world, there's no shortage of macroeconomic risks that could hurt the market. The energy shock from the U.S. war in Iran is raising inflation, and pushing up Treasury yields. But Hirsch expects that some choppy action in the near-term will better prepare the market for a late-year rally. He still expects the stock market will end the year higher by 8% to 12% versus 2025's close. "The calendar gets worse from here before it gets better," Hirsch wrote.
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use ess...
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies. In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
META Weekly Analysis Summary (2025-04-16) Below is a synthesis of the analyses from all the models and a corresponding actionable trade idea: ────────────────────────────── Comprehensive Summary of Each Model’s Key Points • Grok/xAI Report – Noted that META’s price is well below its moving averages with a bearish MACD and near oversold RSI on the M5 chart. – Emphasized downside pressure with heavy...
META Weekly Analysis Summary (2025-04-16) Below is a synthesis of the analyses from all the models and a corresponding actionable trade idea: ────────────────────────────── Comprehensive Summary of Each Model’s Key Points • Grok/xAI Report – Noted that META’s price is well below its moving averages with a bearish MACD and near oversold RSI on the M5 chart. – Emphasized downside pressure with heavy put volume and a max pain at $540. – Recommended a bearish weekly trade with an emphasis on buying a put option—in their case, the $485 strike. • Claude/Anthropic Report – Highlighted sustained downtrend (–13% over 5 days, –22% over 30 days) and all key EMAs trending lower. – Confirmed technical weakness with bearish MACD crossovers and RSI readings on both 5‐min and daily charts, despite a hint of potential short-term bounces. – Suggested buying a put option (their primary suggestion centered around a $480 put, though they mention liquidity and risk using nearby strikes). • Gemini/Google Report – Noted that although META’s price touched lower Bollinger Bands and the RSI is near oversold territory, the dominant trend is bearish. – Confirmed heavy put open interest and significant recent declines. – Proposed a weekly trade buying put options near the $482.50 strike (ask ~$0.55) as the best balance between cost and risk/reward. • Llama/Meta Report – Reiterated that technical indicators (price, EMAs, MACD, and Bollinger Bands) show a moderately bearish environment. – Favored the $482.50 put option with an ask around $0.55 because it fits within the ideal premium range and provides sound liquidity. • DeepSeek Report – Pointed to a sustained downtrend with consistent bearish signals on both the technical and sentiment fronts. – Recommended a weekly bearish put trade—selecting closely between a $485 or $482.50 strike—with defined risk targets. ────────────────────────────── 2. Areas of Agreement and Disagreement Between Models • Points of Agreement – Every model sees META tradin...
So-Young International (NASDAQ:SY) reported sharply higher first-quarter 2026 revenue, driven by rapid growth in its branded aesthetic center business, while management said the company is continuing to expand its clinic footprint and invest in standardized medical delivery. Total revenue rose 45.6% year over year to RMB 432.8 million, according to Sha Zhang, vice president of finance. Revenue fro...
So-Young International (NASDAQ:SY) reported sharply higher first-quarter 2026 revenue, driven by rapid growth in its branded aesthetic center business, while management said the company is continuing to expand its clinic footprint and invest in standardized medical delivery. Total revenue rose 45.6% year over year to RMB 432.8 million, according to Sha Zhang, vice president of finance. Revenue from aesthetic treatment services increased 185.8% year over year to RMB 282.4 million and accounted for more than 65% of total revenue in the quarter. Chairman and Chief Executive Officer Xing Jin said China’s medical aesthetic industry is moving toward more routine demand and growing supply, making scale, standardized operations and consistent delivery increasingly important for leading companies. “Large-scale operational capabilities and a uniform delivery framework have become the key mode for top players to achieve high-quality growth,” Jin said. Aesthetic center business drives growth Jin said So-Young Clinic continued to lead China’s medical aesthetics chain market by center count, treatment volume and user base. As of the call, he said So-Young Clinic had expanded to 59 centers across 17 cities, a net addition of 10 centers from the end of 2025. Zhang, discussing results as of March 31, said the company operated 54 So-Young clinics across 16 major cities, reflecting a net addition of five centers during the quarter. She broke down aesthetic treatment service revenue by center maturity: 20 mature-phase centers generated RMB 150 million, or about RMB 7.5 million per center. 23 growth-phase centers contributed RMB 109.5 million, or about RMB 4.8 million per center. 11 ramp-up-phase centers contributed RMB 22.9 million, or about RMB 2.1 million per center. Zhang said average revenue per ramp-up center grew significantly both year over year and quarter over quarter, which she said validated the company’s increasingly standardized operations. In the quarter, verified treatme...
The expanded second passenger terminal at Hong Kong International Airport will be crucial to the city’s role as a global aviation hub, with its departure concourse set to open at the end of next year, the managing authority has said. The Airport Authority said on Friday that Terminal 2 would open on May 27 and travellers would check in, clear immigration and undergo security checks before proceedi...
The expanded second passenger terminal at Hong Kong International Airport will be crucial to the city’s role as a global aviation hub, with its departure concourse set to open at the end of next year, the managing authority has said. The Airport Authority said on Friday that Terminal 2 would open on May 27 and travellers would check in, clear immigration and undergo security checks before proceeding to Terminal 1 for departure. The dedicated departure concourse and boarding gates were slated to open at the end of next year, it added. Advertisement Authority chairman Fred Lam Tin-fuk described Terminal 2 as “a new milestone” in the airport’s development, prioritising efficiency and user experience. “We believe that Terminal 2 can divert departing flights efficiently to welcome passengers during the summer holiday,” Lam said, adding that the authority would turn the airport into “Skytopia”, a megadevelopment offering experiences that spanned land, water and air. Terminal 2 was reconfigured as part of the airport’s HK$141.5 billion three-runway system upgrade. Photo: Dickson Lee Acting financial secretary Michael Wong Wai-lun said the government was taking a broad approach to ensuring Hong Kong’s role as a global aviation hub.
Meta Platforms META, the American tech giant that owns Facebook, Instagram and WhatsApp, has started one of its biggest workforce cuts yet. The company, in its recent round of job cuts, is laying off around 8,000 employees, which is roughly 10% of its global staff. The cuts are being rolled out in phases and have impacted teams across integrity operations, cybersecurity, content design and Reality...
Meta Platforms META, the American tech giant that owns Facebook, Instagram and WhatsApp, has started one of its biggest workforce cuts yet. The company, in its recent round of job cuts, is laying off around 8,000 employees, which is roughly 10% of its global staff. The cuts are being rolled out in phases and have impacted teams across integrity operations, cybersecurity, content design and Reality Labs. U.S.-based employees are receiving severance packages that include 16 weeks of base pay, an additional two weeks for every year of service, and 18 months of healthcare coverage. Per the CNBC news article, Meta has also canceled plans for 6,000 open roles and reassigned more than 7,000 employees to AI-focused teams, meaning nearly 20% of its workforce is being reshaped. CEO Mark Zuckerberg has argued that flatter organizational structures and smaller, faster-moving teams are better suited for an AI-driven future. Internally, however, the strategy has fueled employee anxiety. Reports indicate declining morale tied to reduced compensation growth, repeated layoffs and the launch of an employee monitoring initiative designed to collect workplace data to train Meta’s AI systems. More than 1,500 employees reportedly signed a petition opposing the tracking program, with some workers expressing concerns that they are effectively training systems that may eventually replace their jobs. Pivoting to future AI development, computing power, and its “Meta Superintelligence” initiative, Meta is projecting a massive hardware and data center budget of up to $145 billion this year. Like other large tech companies, Meta is prioritizing AI efficiency instead of workforce expansion. The layoffs reflect a broader transformation underway across the technology sector as companies redirect spending toward artificial intelligence infrastructure and automation. Companies such as Amazon AMZN and Cisco CSCO have also announced significant workforce reductions while increasing their investments in...
Meta Platforms META, the American tech giant that owns Facebook, Instagram and WhatsApp, has started one of its biggest workforce cuts yet. The company, in its recent round of job cuts, is laying off around 8,000 employees, which is roughly 10% of its global staff. The cuts are being rolled out in phases and have impacted teams across integrity operations, cybersecurity, content design and Reality...
Meta Platforms META, the American tech giant that owns Facebook, Instagram and WhatsApp, has started one of its biggest workforce cuts yet. The company, in its recent round of job cuts, is laying off around 8,000 employees, which is roughly 10% of its global staff. The cuts are being rolled out in phases and have impacted teams across integrity operations, cybersecurity, content design and Reality Labs. U.S.-based employees are receiving severance packages that include 16 weeks of base pay, an additional two weeks for every year of service, and 18 months of healthcare coverage. Per the CNBC news article, Meta has also canceled plans for 6,000 open roles and reassigned more than 7,000 employees to AI-focused teams, meaning nearly 20% of its workforce is being reshaped. CEO Mark Zuckerberg has argued that flatter organizational structures and smaller, faster-moving teams are better suited for an AI-driven future. Internally, however, the strategy has fueled employee anxiety. Reports indicate declining morale tied to reduced compensation growth, repeated layoffs and the launch of an employee monitoring initiative designed to collect workplace data to train Meta’s AI systems. More than 1,500 employees reportedly signed a petition opposing the tracking program, with some workers expressing concerns that they are effectively training systems that may eventually replace their jobs. Pivoting to future AI development, computing power, and its “Meta Superintelligence” initiative, Meta is projecting a massive hardware and data center budget of up to $145 billion this year. Like other large tech companies, Meta is prioritizing AI efficiency instead of workforce expansion. The layoffs reflect a broader transformation underway across the technology sector as companies redirect spending toward artificial intelligence infrastructure and automation. Companies such as Amazon AMZN and Cisco CSCO have also announced significant workforce reductions while increasing their investments in...
Meta Platforms META, the American tech giant that owns Facebook, Instagram and WhatsApp, has started one of its biggest workforce cuts yet. The company, in its recent round of job cuts, is laying off around 8,000 employees, which is roughly 10% of its global staff. The cuts are being rolled out in phases and have impacted teams across integrity operations, cybersecurity, content design and Reality...
Meta Platforms META, the American tech giant that owns Facebook, Instagram and WhatsApp, has started one of its biggest workforce cuts yet. The company, in its recent round of job cuts, is laying off around 8,000 employees, which is roughly 10% of its global staff. The cuts are being rolled out in phases and have impacted teams across integrity operations, cybersecurity, content design and Reality Labs. U.S.-based employees are receiving severance packages that include 16 weeks of base pay, an additional two weeks for every year of service, and 18 months of healthcare coverage. Per the CNBC news article, Meta has also canceled plans for 6,000 open roles and reassigned more than 7,000 employees to AI-focused teams, meaning nearly 20% of its workforce is being reshaped. CEO Mark Zuckerberg has argued that flatter organizational structures and smaller, faster-moving teams are better suited for an AI-driven future. Internally, however, the strategy has fueled employee anxiety. Reports indicate declining morale tied to reduced compensation growth, repeated layoffs and the launch of an employee monitoring initiative designed to collect workplace data to train Meta’s AI systems. More than 1,500 employees reportedly signed a petition opposing the tracking program, with some workers expressing concerns that they are effectively training systems that may eventually replace their jobs. Pivoting to future AI development, computing power, and its “Meta Superintelligence” initiative, Meta is projecting a massive hardware and data center budget of up to $145 billion this year. Like other large tech companies, Meta is prioritizing AI efficiency instead of workforce expansion. The layoffs reflect a broader transformation underway across the technology sector as companies redirect spending toward artificial intelligence infrastructure and automation. Companies such as Amazon AMZN and Cisco CSCO have also announced significant workforce reductions while increasing their investments in...
印度尼西亚国家电力公司Perusahaan Listrik Negara的一家子公司周五表示，已与意大利Eni公司和日本Inpex公司签署协议纲领，将在2027年至2047年间采购830船液化天然气，总计约4850万公吨。 该子公司表示，将从2032年开始的15年内，从Inpex位于Masela区块的Abadi液化天然气枢纽购买3750万公吨液化天然气；同时，将在2027年至2037年间从Eni的...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at what it’s been like at the front lines of Ebola, and: The US sanctions a top Tanzanian police chief Kenya’s Ruto rules out more fuel-tax cuts Lesotho’s controversial health deal with the US A Recurring Fever Congo has ...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at what it’s been like at the front lines of Ebola, and: The US sanctions a top Tanzanian police chief Kenya’s Ruto rules out more fuel-tax cuts Lesotho’s controversial health deal with the US A Recurring Fever Congo has lived with Ebola for half a century, but in the gold-mining towns and conflict zones in its northeast, the virus still arrives like something ancient and terrifying. At Nyankunde Hospital in Ituri province, doctors describe a sense of dread spreading almost as quickly as the disease itself. When the first patient tested negative earlier this month, staff thought they had been spared. “Glory be to God, it’s not Ebola,” Dr Charles Kashindi recalled telling colleagues. Then another patient died with the same symptoms. The tests had missed a rare strain . Now Kashindi’s hospital is overwhelmed with cases of Bundibugyo Ebola. There are no proper isolation rooms, masks are running low and multiple staff members have fallen ill, including an American missionary surgeon evacuated to Germany. Four people have died at the facility. While Congo has plenty of experience with the disease — this is its 17th outbreak — it’s also one of the most difficult places in the world to contain a virus. The road to Mongbwalu, a mining town at the center of the epidemic, cuts through territory shaped by armed groups, ethnic violence and a deep distrust of authorities. Miners arrive at Nyankunde after days of travel, already gravely sick. Around the mines, bats the size of chickens swarm through abandoned tunnels, according to Jean-Jacques Muyembe, the head of Congo’s National Institute of Biomedical Research. Scientists believe the animals may be spreading the virus, though the exact source of the hemorrhagic fever remains unknown. In rural Congo, where bush meat is often one of the few available pr...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the European Union each weekday. Make sure you’re signed up . European Commission President Ursula von der Leyen and European Council President Antonio Costa will sign off on an updated EU-Mexico trade agreement later today. The deal, agreed last year , will be officially ratified at...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the European Union each weekday. Make sure you’re signed up . European Commission President Ursula von der Leyen and European Council President Antonio Costa will sign off on an updated EU-Mexico trade agreement later today. The deal, agreed last year , will be officially ratified at a signing ceremony with Mexican President Claudia Sheinbaum in Mexico City. The pact updates an existing agreement dating from 2000, including new measures to ease trade in services between the two as well as strengthening raw material supply chains. It’s the latest effort by Brussels to diversify its trade partnerships amid uncertainty about US commitment to the transatlantic alliance and follows similar agreements like the Mercosur deal with South American countries and the EU-Australia deal. But, as former ECB president Mario Draghi cautioned in a speech this month, Europe needs to be honest about the limits of trade liberation. “According to one estimate, even if Europe successfully concluded all current trade negotiations, the long-term boost to our GDP would amount to less than 0.5%,” he said as he urged Europe to complete the single market. A much trickier question facing Europe is its stance on China. The EU’s decision to temporarily remove sanctions on Chinese semiconductor maker Yangzhou Yangjie Electronic Technology following pressure from automakers reveals Europe’s reliance on Chinese inputs. The company’s shares jumped this morning on the news. Europe’s approach towards China surfaced at today’s gathering of EU trade ministers in Brussels ahead of a key meeting next week when the commission will discuss exploring a tougher stance against China . Beijing vowed yesterday to retaliate if the bloc imposes tougher trade curbs. Arriving in Brussels for today’s meeting, Ireland’s minister for trade and foreign affairs, Helen McEntee, said that China remains an impor...
Super Micro Computer (SMCI) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this server technology company have returned +12.6%, compared to the Zacks S&P 500 composite's +2% change. During this period, the Zacks Computer- ...
Super Micro Computer (SMCI) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this server technology company have returned +12.6%, compared to the Zacks S&P 500 composite's +2% change. During this period, the Zacks Computer- Storage Devices industry, which Super Micro falls in, has gained 3.4%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Super Micro is expected to post earnings of $0.75 per share, indicating a change of +120.6% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. The consensus earnings estimate of $3.35 for the current fiscal year indicates a year-over-year change of +51.6%. This estimate has remained unchanged over the last 30 days. For the next ...
Intel (INTC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this world's largest chipmaker have returned +77.5%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Semiconductor - General...
Intel (INTC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this world's largest chipmaker have returned +77.5%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Semiconductor - General industry, which Intel falls in, has gained 15%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Intel is expected to post earnings of $0.21 per share for the current quarter, representing a year-over-year change of +310%. Over the last 30 days, the Zacks Consensus Estimate has changed +482.1%. For the current fiscal year, the consensus earnings estimate of $1.05 points to a change of +150% from the prior year. Over the last 30 days, this estimate has changed +566.3%. For the next fisc...
Intel (INTC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this world's largest chipmaker have returned +77.5%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Semiconductor - General...
Intel (INTC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this world's largest chipmaker have returned +77.5%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Semiconductor - General industry, which Intel falls in, has gained 15%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Intel is expected to post earnings of $0.21 per share for the current quarter, representing a year-over-year change of +310%. Over the last 30 days, the Zacks Consensus Estimate has changed +482.1%. For the current fiscal year, the consensus earnings estimate of $1.05 points to a change of +150% from the prior year. Over the last 30 days, this estimate has changed +566.3%. For the next fisc...
Micron (MU) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this chipmaker have returned +58.2% over the past month versus the Zacks S&P 500 composite's +5.5% change. The Zacks Computer - Integrated Systems industry, to which Micron belongs, has gained 48.9%...
Micron (MU) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this chipmaker have returned +58.2% over the past month versus the Zacks S&P 500 composite's +5.5% change. The Zacks Computer - Integrated Systems industry, to which Micron belongs, has gained 48.9% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Micron is expected to post earnings of $19.34 per share for the current quarter, representing a year-over-year change of +912.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. For the current fiscal year, the consensus earnings estimate of $58.94 points to a change of +611% from the prior year. Over the last 30 days, this estimate has changed +0.2%. For the next fiscal year, the consensus ea...
Micron (MU) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this chipmaker have returned +58.2% over the past month versus the Zacks S&P 500 composite's +5.5% change. The Zacks Computer - Integrated Systems industry, to which Micron belongs, has gained 48.9%...
Micron (MU) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this chipmaker have returned +58.2% over the past month versus the Zacks S&P 500 composite's +5.5% change. The Zacks Computer - Integrated Systems industry, to which Micron belongs, has gained 48.9% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Micron is expected to post earnings of $19.34 per share for the current quarter, representing a year-over-year change of +912.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. For the current fiscal year, the consensus earnings estimate of $58.94 points to a change of +611% from the prior year. Over the last 30 days, this estimate has changed +0.2%. For the next fiscal year, the consensus ea...
JHVEPhoto/iStock Editorial via Getty Images Now Trading At Pre-COVID Levels Intuit ( INTU ) reported its Q3-26 earnings after trading hours Wednesday. In response, its share price fell by a whopping ~20.0% Thursday to reach a new 52-week low of $302.36. With a year-to-date performance of -53.6%, Intuit is now the worst-performing constituent within the S&P 500 ( SPX ) index. This is even worse tha...
JHVEPhoto/iStock Editorial via Getty Images Now Trading At Pre-COVID Levels Intuit ( INTU ) reported its Q3-26 earnings after trading hours Wednesday. In response, its share price fell by a whopping ~20.0% Thursday to reach a new 52-week low of $302.36. With a year-to-date performance of -53.6%, Intuit is now the worst-performing constituent within the S&P 500 ( SPX ) index. This is even worse than the performance of many other beaten-down constituents I have previously covered, including lululemon athletica ( LULU ), The Trade Desk ( TTD ) and CoStar Group ( CSGP ). Intuit Historical Share Price (Questrade, David Desjardins) Relative to its all-time high of $813.70 per share reached at the end of July 2025, Intuit is now caught in a drawdown exceeding 60%, which is one of the largest since the company completed its initial public offering in March 1993 . In addition, today's -20.0% move is the worst day for Intuit's stock since March 2003 , when it collapsed by -23.9%. What is also impressive with this drawdown is its speed, as the stock was trading at all-time highs less than a year ago. This is another great example showing how fast market sentiment can change. Data by YCharts In a way, what is happening right now with Intuit is ironic, as it was prized by many followers of the high-quality investment philosophy. INTU was pretty much ticking every box, whether in terms of competitive advantages, barriers to entry, returns on invested capital, or long-term growth potential. Without much of a surprise, this was also a time when Intuit was trading at lofty valuation multiples. When a stock ticks every box, you obviously have to pay up for it. During my time as an investment analyst in Toronto, I have spent quite a bit of time studying the tenets of high-quality investing , and to be fair, I have learned a lot from it. However, as illustrated by the quote below from the prominent British fund manager Terry Smith , this is an investment philosophy that often puts busi...
Palantir Technologies Inc. (PLTR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned -2.9%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Internet - Software industry, which...
Palantir Technologies Inc. (PLTR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned -2.9%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Internet - Software industry, which Palantir Technologies falls in, has lost 4%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Palantir Technologies is expected to post earnings of $0.35 per share, indicating a change of +118.8% from the year-ago quarter. The Zacks Consensus Estimate has changed +16.7% over the last 30 days. The consensus earnings estimate of $1.49 for the current fiscal year indicates a year-over-year change of +98.7%. This estimate has changed +12.2% over the last 30 days. For the next fiscal year, the consen...
Palantir Technologies Inc. (PLTR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned -2.9%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Internet - Software industry, which...
Palantir Technologies Inc. (PLTR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned -2.9%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Internet - Software industry, which Palantir Technologies falls in, has lost 4%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Palantir Technologies is expected to post earnings of $0.35 per share, indicating a change of +118.8% from the year-ago quarter. The Zacks Consensus Estimate has changed +16.7% over the last 30 days. The consensus earnings estimate of $1.49 for the current fiscal year indicates a year-over-year change of +98.7%. This estimate has changed +12.2% over the last 30 days. For the next fiscal year, the consen...