Market Pulse | Top Stories of the Week
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Hello Reader, Here are our Top Stories of the Week for a snapshot of the most impactful news—from market developments to financial advancements. Let's get into it. Marvell’s Moment: AI Optimism Meets Wall Street SkepticismPublished on May 30, 2025 Marvell Technology (MRVL), a rising name in the AI semiconductor race, posted a strong first-quarter performance, with revenue surging 63% year-over-year to nearly $1.9 billion. The company’s prized data center segment—now accounting for over three-quarters of its total sales—hit a record $1.44 billion, thanks to increasing adoption of Marvell’s custom AI chips and high-speed connectivity Costco Shines as Shoppers Seek Value Amid Tariffs, InflationPublished on May 30, 2025 Costco Wholesale Corp. (COST) once again proved its resilience in a shaky retail landscape, posting stronger-than-expected earnings for its fiscal third quarter. The warehouse giant reported earnings per share of $4.28—outpacing Wall Street’s estimate of $4.24—showcasing its ability to maintain momentum even as tariffs and economic uncertainty rattle consumer spending.Revenue for the quarter Salesforce Stock Sinks Despite Strong Quarter, AI Push, and $8B Informatica DealPublished on May 29, 2025 Salesforce (CRM) delivered a strong first quarter earnings report, posting revenue of $9.83 billion—about $80 million ahead of expectations and 8% higher than a year earlier.Adjusted earnings per share came in at $2.58, beating Wall Street’s forecast and marking a solid improvement from $2.44 a year ago. The software giant also raised its full-year forecast, projecting as much as $41.3 billion in Nvidia Rallies Despite $4.5B Hit From China Export BanPublished on May 29, 2025 Nvidia’s (NVDA) first-quarter results landed with mixed signals but sent its shares soaring nonetheless.The AI chip titan posted revenue of $44.1 billion—well ahead of expectations—but earnings per share (EPS) fell short of analyst forecasts, primarily due to a $4.5 billion write-down on its China-bound H20 chips.EPS came in at $0.81, below the anticipated $0.93. However, when excluding the Abercrombie & Fitch Delivers Knockout Quarter as Hollister Powers ResurgencePublished on May 28, 2025 Abercrombie & Fitch (ANF) stunned Wall Street this week with a first-quarter performance.The earnings report blew past expectations, sending its stock soaring over 25% in early trading Wednesday—its biggest single-day jump since 2023. The young adult apparel retailer reported adjusted earnings of $1.59 per share, easily outpacing analysts' forecast of $1.36. Revenue rose 8% year over year to Dick’s Sporting Goods Reaffirms 2026 Outlook, Bolstering Market Confidence Amid Foot Locker AcquisitionPublished on May 28, 2025 Dick’s Sporting Goods (DKS) is gaining renewed investor attention following a solid first-quarter earnings report and a bold acquisition strategy aimed at strengthening its foothold in the athletic retail space.The sporting goods chain reaffirmed its full-year 2026 outlook after reporting results that largely met expectations, even as the company prepares to absorb rival retailer Foot Locker (FL) Toyota Doubles Down on Flying Taxis: $250 Million Bet Makes It Joby's Top ShareholderPublished on May 28, 2025 Toyota Motor Corp. (TM) has taken a commanding position in the future of electric aviation, injecting $250 million into Joby Aviation Inc. (JOBY)This is a bold move that makes the Japanese auto giant the air taxi developer’s largest shareholder. With this latest investment, Toyota’s total stake in Joby climbs to 15.3%, edging past even that of Joby's CEO, JoeBen Bevirt.This capital injection AutoZone Misses Earnings Again Despite Strong Sales; FX Headwinds and Margin Pressures PersistPublished on May 27, 2025 AutoZone’s (AZO) fiscal third-quarter earnings report revealed a familiar pattern: strong sales growth overshadowed by another earnings miss.The Memphis-based auto parts giant posted revenue of $4.46 billion, beating Wall Street estimates of $4.4 billion. But adjusted earnings per share fell to $35.36, missing consensus expectations of $37.11—a shortfall marking the fourth consecutive quarterly Tesla’s Hot Streak Faces European Chill as Robotaxi Launch LoomsPublished on May 27, 2025 After a rough start to the year, Tesla’s (TSLA) stock has made a dramatic turnaround. Shares of the electric vehicle pioneer are now up over 50% since its April 22 earnings report, a striking rebound despite Wall Street dialing back expectations. Profit estimates for 2025 have been trimmed by nearly 30%, from $2.74 per share to $1.93. Yet Tesla’s stock keeps climbing. On Tuesday, the Google’s Great Reckoning: Can Alphabet Win the AI Search War?Published on May 24, 2025 As AI reshapes the search landscape, Google (GOOG) faces its most serious existential test since the dawn of the internet.A Paradigm Shift Threatens Google’s CoreFor more than two decades, Google has dominated internet search—a business so entrenched and profitable that it has become synonymous with the very act of seeking information online. Last year, Alphabet, its parent company, generated Urban Outfitters Stock Soars After Blowout Earnings Beat ExpectationsPublished on May 23, 2025 Shares of Urban Outfitters (URBN) soared more than 20% on Friday — the company’s biggest one-day gain ever — after reporting a first quarter that beat Wall Street’s forecasts by a wide margin. The stock jumped to $73.21, setting a new record high and breaking a three-day losing streak. Urban Outfitters earned $1.16 per share in the first quarter, well above the 83 cents analysts were That’s going to wrap up this week. Catch you next Friday! Cheers, Your Teaching Team @SharperTrades Also, when you’re ready, here are five ways we can help you: 1. Get on top of swing trading with real-time alerts on any device here. 2. Get on top of option trading with real-time alerts on any device here. 3. Get the complete guide to crypto trading here. 4. Get in on real-time live discussions with the pros here. 5. Get the complete roadmap for successful trading here. 6. Track billionaires and institutions. Join DarkOption Flow. Share Your Successes Do you have a success story to share? We want to hear from you! Reply to this message and let us know about your wins. Your experiences inspire us! Share the Knowledge If you know someone who could benefit from this information, feel free to forward this email to them. And if they too want to receive tips and news like this every Friday, they can sign up here.
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