Essential sharemarket insight delivered every morning by the market strategists of share-trading platform moomoo Australia and New Zealand. We cover the latest news, explore trends, and cover three investments in our daily watchlist.
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Essential sharemarket insight delivered every morning by the market strategists of share-trading platform moomoo Australia and New Zealand. We cover the latest news, explore trends, and cover three investments in our daily watchlist.
Company reports are causing stocks to swing wildly
the daily moo
8 minutes
2 weeks ago
Company reports are causing stocks to swing wildly
With broader data limited, earnings have outsize importance right now. That's part of the reason we're seeing big swings in share prices as companies report to a savage audience. Meta fell 18% since reporting recently, while SMCI dropped 23% last week, with the market still reeling from its disappointment. All this is happening as investors question the AI sector.
Watchlist: SMCI, CoreWeave, ANZ Group
Check out these stocks at www.moomoo.com/quote
the daily moo
Essential sharemarket insight delivered every morning by the market strategists of share-trading platform moomoo Australia and New Zealand. We cover the latest news, explore trends, and cover three investments in our daily watchlist.
