Oracle NYSE:ORCL gained more than 10% to hit record highs this week after the cloud-based AI giant beat analysts’ earnings and revenue expectations and announced a deal to integrate its products with Amazon Web Services. What does ORCL’s fundamental and technical analysis say could happen next? Let’s take a look: Fundamental Analysis Oracle reported after...
“Buy Now, Pay Later" company Affirm Holdings NASDAQ:AFRM has gained some 25% in the roughly one week since reporting fiscal Q4 results -- even though the fintech actually lost money during the period. What do fundamental and technical analysis say might happen next? Let’s take a look: Fundamental Analysis Affirm’s stock had been under pressure for some...
CrowdStrike Holdings NASDAQ:CRWD beat estimates on its latest quarterly numbers this week and cut guidance less than feared following July’s global computer outage, which stemmed from a problem with the cybersecurity firm’s latest software update. Let’s see what CrowdStrike’s fundamentals and technicals say about where the stock might go from here. ...
Advanced Micro Devices NASDAQ:AMD has gained some 20% in the past two weeks, rising in part on news of plans to buy privately held server maker ZT Systems for $4.9 billion. Where does technical analysis say the stock might go from here? The ZT acquisition, which AMD announced on Monday, appears to be all about keeping up with Wall Street darling Nvidia ...
Alphabet NASDAQ:GOOGL NASDAQ:GOOG has been mostly falling since reporting Q2 earnings on July 23. What does technical analysis say about where the stock could go from here? First, some background. Alphabet reported its Q2 results after the market closed on July 23, beating analyst estimates for both revenues and earnings. Revenues grew 13.6% year over year...
Palantir Technologies NYSE:PLTR rose this week after the security-software firm beat the Street on Q2 earnings and revenue generation and raised expectations for Q3 sales and profitability. What does technical analysis tell us about where it might go from here? First, some background. PLTR gained some 11% Tuesday and another 11% Thursday afternoon (after a 1%...
CEO Elon Musk of Tesla NASDAQ:TSLA has said that if you believe in the future of his EV company’s FSD technology (short for “full self-driving”), then you should probably be invested in TSLA stock. If you don’t have faith in FSD, then perhaps you shouldn’t be. I don't know about that, but one thing that technical analysts can understand is the stock’s chart,...
Streaming giant Netflix NASDAQ:NFLX beat Wall Street’s consensus view on both top- and bottom-line Q2 results last week –- but the stock fell 1.5% the next day anyway. What might technical analysis tell us about where the stock goes from here? As a reminder, Netflix reported a week ago Thursday after the bell that it earned $4.88 per fully diluted share during...
Nvidia NASDAQ:NVDA is an interesting stock in that it’s up almost 185% over 12 months as of July 17 -- but has rallied and sold off over the past two months. So, what now? Let’s see what the stock’s chart as of July 17 might show us: The first thing you might notice is that NVDA hit a “basing period” from March into May, as denoted by the two pink...
The title of world's largest company by market cap has gone back and forth of late between Apple NASDAQ:AAPL , Microsoft NASDAQ:MSFT and Nvidia NASDAQ:NVDA , with no clear leader emerging. With about a month left to go before the tech firm reports its fiscal third-quarter results, just how is this stock positioned, and are traders ready for what comes...