Stonk Tech

According to the jobs report, in May, the U.S. economy added 272,000 jobs, and the unemployment rate rose to 4% from 3.9%.

On June 13th, Adobe shares surged 17% in extended trading after reporting better-than-expected earnings and revenue, along with an optimistic full-year outlook. For the quarter ending May 31, Adobe posted:
• Earnings per share: $4.48 adjusted, vs. $4.39 expected

• Revenue: $5.31 billion vs. $5.29 billion expected

What are your thoughts on the growth of Adobe's digital media and Al tools? Check more in-depth analysis on Stonk Tech!

On June 13th, Adobe shares surged 17% in extended trading after reporting better-than-expected earnings and revenue, along with an optimistic full-year outlook.

On June 5th, the athletic apparel retailer only narrowly exceeded revenue expectations, despite surpassing Wall Street's earnings estimates. For the first fiscal quarter,
Lululemon reported the following:

• Earnings per share: $2.54 vs. $2.38 expected
• Revenue: $2.21 billion vs. $2.19 billion expected

What about the sales & net income in Lululemon's first fiscal quarter? How much worth of stocks did the buyback program announce? How did the market react to the earnings report?

On June 5th, the athletic apparel retailer only narrowly exceeded revenue expectations, despite surpassing Wall Street's earnings estimates.

Follow $lulu updates ONLY on Stonk!

On June 3rd, GitLab Inc. has once again exceeded expectations with its Q1 FY2025 earnings report, reinforcing its strong position in the software development sector. The company reported an earnings per share (EPS) of $0.03, surpassing analyst projections of a $0.04 loss and marking a 175% earnings surprise. Additionally, GitLab achieved revenue of $169.19 million, a 33.3% year-over-year growth, further solidifying its market dominance.

What is GitLab? What is its historical financial performance?
Do you think it would be a great company to invest in?

On June 3rd, GitLab Inc. has once again exceeded expectations with its Q1 FY2025 earnings report, reinforcing its strong position in the software development sector.

Follow more gitlab’s stock update ONLY on Stonk!

The latest PCE report showed that Inflation in April rose as expected, with the personal consumption expenditures (PCE) price index, increases by 0.2% monthly and 2.8% annually if excluding food and energy, 0.3% monthly and 2.7% annually if including food and energy, which aligns with predictions.

How did each sector of PCE perform in April? What does imply about the inflation progress?

On May 31st, April’s PCE data is released, showing that Inflation in April rose as expected.

Follow Stonk for more updates on inflation & Fed’s rate cut!

On June 3rd, the New York Stock Exchange (NYSE) experienced a technical issue that halted trading for some major stocks, causing significant discrepancies including Berkshire Hathaway's stock plummeting by 99.97%.

NYSE stated that affected stocks have resumed trading and all systems are operational. There is no evidence of a cyberattack, instead an NYSE spokesperson attributed the problem to a "technical issue" with industry-wide price bands.

How much did the price change during the erroneous trades? What about the broader market effect of this glitch?

Check more in-depth analysis on Stonk Tech!

On June 3rd, the New York Stock Exchange (NYSE) experienced a technical issue that halted trading for some major stocks, causing significant discrepancies including Berkshire Hathaway's stock plummeting by 99.97%.

Follow more news update ONLY on Stonk!

The US Dollar (USD) is retreating from its peak performance after the latest US Gross Domestic Product (GDP) report released on May 30th, which highlighted consumer struggles with Personal Consumption falling from 2.5% to 2.0%. This economic data has erased gains made in the bond market the previous day. The GDP's second estimate showed a softer reading, leading to a further decline in the USD.

What are key economic data released on Wednesday? What will key levels look like if U.S. dollars keeps weakened? Check more in-depth analvsis on Stonk Tech!