Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
[Rewards]
We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.
[Winners Announcement:24 Apr]
1.Here are the 6 Tigers whose post has the best quality & interaction yesterday:
Congratulations on being offered 50 Tiger Coins!
Is the Vanguard Consumer Discretionary ETF Still in Style?
LMT, RTX, NOC - US market's Recession hedge ?
Value Play For Inflation-Sensitive Investors : Automotive Sector
2.Here are the stocks mentioned by the above Tigers: $Amazon.com(AMZN)$ $Home Depot(HD)$ $Tesla Motors(TSLA)$ $Vanguard Consumer Discretionary ETF(VCR)$ $Booking Holdings(BKNG)$ $Northrop Grumman(NOC)$ $Lockheed Martin(LMT)$ $RTX Corp(RTX)$ $General Dynamics Corp(GD)$ $Boeing(BA)$ $Rivian Automotive, Inc.(RIVN)$ $Ford(F)$ $General Motors(GM)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins:
Last night, $Tesla Motors(TSLA)$ up 5.37%. There were 26 Tigers that answered correctly and successfully shared 1000 Tiger coins, with each Tiger getting 38 Tiger coins as a reward! Tiger coins have been issued! Congratulation
Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average rose 419.59 points, or 1.07%, to 39,606.57, the S&P 500 gained 88.10 points, or 1.67%, to 5,375.86 and the Nasdaq Composite gained 407.63 points, or 2.50%, to 16,708.05.Tesla Motors , the electric-vehicle maker, posted first-quarter net income that dropped 71% from a year earlier. Sales have fallen partly because CEO Elon Musk's political activities have turned off buyers. Shares climbed 5.4%, however, after Musk told investors that starting in May, his "time allocation to [the Department of Government Efficiency] will drop significantly." Other Mag 7 stocks also rallied; Amazon and Meta up 4%; Nvidia up 3%; Alphabet, Apple and Microsoft up 2%.
Intel stock rose 5.5% after Bloomberg reported the struggling chip maker was poised this week to announce plans to cut more than 20% of its staff. The restructuring would be the first under CEO Lip-Bu Tan, who was named the company's top executive in March.
Chipotle Mexican Grill โ Chipotle missed first-quarter revenue estimates and said same-store sales declined for the first time since 2020, leading the stock to drop 2%. The burrito chain reported adjusted earnings per share of 29 cents, while analysts polled by LSEG forecast 28 cents per share. Revenue came out at $2.88 billion for the period, falling short of the consensus $2.95 billion estimate, per LSEG. Chipotle also lowered the top end of its outlook for full-year same-store sales growth.
Texas Instruments โ Shares of the semiconductor manufacturer popped 4.8% after market close. Texas Instruments reported first-quarter earnings of $1.28 per share on revenue of $4.07 billion, handily beating analystsโ expectations for earnings of $1.07 per share on revenue of $3.91 billion.
Lam Research โ Shares of the company, which supplies wafer fabrication equipment to semiconductor firms, jumped roughly 4% on the back of a strong fiscal third-quarter financial report. Lam Research posted adjusted earnings of $1.04 per share on revenue of $4.72 billion in revenue, while analysts polled by LSEG called for earnings of $1.01 per share on revenue of $4.65 billion in revenue.
All right, here is all the market information we would like to share with you๏ผ
What news/movements are worth noting in the market today? Any stocks to watch?
Do you have any trading plans?
Is there anything you would like to share about your trades today?
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