The Blog Single

  • Swing Trade Idea – October 27, 2022

    • Ford (F) – The company reported a Q3 net loss of $827 million and shuttered its autonomous vehicle unit Argo AI, the stock fell and was compared to sector performance including General Motors (GM)‘s recent earnings win.
    • Spotify (SPOT) – Even with a beat on revenue and total monthly active users, shares fell about 13% Wednesday after earnings showing declining margins and comments from the CEO about the possibility of increasing prices for US users on Tuesday.
    • Exxon Mobil (XOM) – Earnings call currently ongoing at time of writing, with better GDP report than expected and recent OPEC oil tightening things to keep in mind.
    • Harley-Davidson (HOG) – An earnings winner that rumbled up the movers lists Wednesday, with profit and revenue beating estimates. The company also discussed increased consumer confidence levels in the US and Asia and developing more electric models on a conference call with analysts Wednesday.
    • Marqeta (MQ) – A play on recent Visa (V) announcement of opening its payment network to Blockchain.com using Marqeta’s fintech platform. Share price seemed relatively unmoved by the news.
0 comment
Top