This July, Coinbase, Qualcomm, Adobe, Meta, and Airbnb are standout growth stocks. Each company shows strong financial health and strategic initiatives. Coinbase's robust revenue growth, Qualcomm's AI advancements, Adobe's AI and cloud focus, Meta's significant AI investments, and Airbnb's market expansion highlight their potential for substantial returns. These stocks offer promising opportunities for growth-oriented investors.
Heading into this week's markets, athletic footwear and apparel maker Nike Inc. will release its fourth-quarter earnings results on Monday after the market close.
Earlier this week, Twitter announced that Shopify's merchant customers would be able to connect their Twitter accounts to their Shopify accounts.
On Tuesday, Roku shares jumped 8% after an analyst at Needham outlined reasons she thinks the company can benefit from Netflix's planned push into selling ads.
On Wednesday, CEO Mark Zuckerberg of Facebook parent, Meta Platforms, told CNBC's Jim Cramer that the defining trait of the metaverse is the ability to feel a sense of presence.
At a time when the company is dealing with a slowdown in online shopping, Amazon announced last week that its big annual sale, Prime Day, will return for two consecutive days on July 12 and 13.
In late trading Thursday, Adobe stock lost ground after the provider of software for creativity provided softer-than-expected guidance for both its current quarter and full fiscal year.
On Tuesday, Coinbase Global Inc. added to a further wave of reckoning through the cryptocurrency industry after the company said it would cut almost a fifth of its staff.
While the S&P 500 Index sank into a bear market on Monday, with investors fearing that the Fed will need to hike interest rates more aggressively to fight inflation, Coca-Cola was the last one standing with what seems to be a knockout punch.
Last week, Chinese electric vehicle maker Nio reported disappointing first-quarter results, having lost $281.2 million, broader than the $68.8 million it lost a year ago.
In a surprise shake-up Thursday, Disney abruptly fired top television executive Peter Rice just months after renewing his contract.
In an effort to expand vehicle production, Ford Motor Co. said Thursday it plans to add 6,200 union manufacturing jobs and invest $3.7 billion into plants in Michigan, Ohio, and Missouri.
Intel is joining other companies in reassessing priorities amid global economic uncertainty as it adjusts near-term spending plans.
At the company's recent Investor Day, music streaming service Spotify said it expects revenue to increase tenfold in the coming decade.
Next week, Apple Inc. is expected to announce significant changes to the iPad's software which will likely morph the tablet into more of a computer and less of a phone, according to people familiar with the matter.
On Wednesday, GameStop reported mixed first-quarter results as the video game retailer pivots toward a more online-focused model and shifts to cryptocurrencies and nonfungible tokens.
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