Nu Holdings Analysis Chart done on daily timeframe. After a sharp surge this year, Nu Holdings investors are celebrating the stock finally trading above its IPO highs. Thanks to their fast growth in revenue, the stock has consistency moved higher to make new 52 week highs over the past year, but their valuation will come into question again as they get ready to report earnings next month. Nu’s surge has more than doubled its market cap to about 60B, which is a fair valuation considering their revenue in 2023 was above 7B. Being a fairly young company, investors often focus on revenue as the leading indicator of of their survival and long term potential, and with the way Nu’s revenue...
AT&T (T) Earnings Analysis Chart done on daily timeframe. Shares of the wireless giant AT&T are trading higher this morning after the company’s latest earnings report. Starting off with subscriber growth, AT&T added 419,000 new postpaid subscribers, significantly above the 261,000 estimates; however despite the strong jump on subscribers, the company’s revenue still fell 0.4% year over year to $29.8B. AT&T reported earnings per share of 49 cents, also down from last year’s 61 cents. The number behind the jump was likely their free cash flow figure, which is projected to reach 17-18B this year, a promising sign for its investors. During times of uncertainty, it’s the companies with the largest amount of free cash flow that are often favored...
Spotify Technology (SPOT) Earnings Analysis Chart done on daily timeframe. Spotify shares are at a new 52 week high following the company’s outstanding earnings report. The Swedish based streaming platform posted record profit margins thanks to their price hikes, bringing their earning per share to 1.33 euros versus the 1.05 expected. Their revenue grew 20% year over year to 3.8B euros. Monthly active users, a number watched closely for subscription based platforms, grew 14% year over year to 626M users, below the 631M expectations, but still a massive number. Spotify has yet to post a profitable year, but this is their second quarterly earnings of positive net income, a promising signal that they’ll finally post a profitable year. Spotify shares...
Coca-Cola (KO) Earnings Analysis The chart, analyzed on an hourly timeframe, shows that shares of Coca-Cola are rising following the company’s impressive quarterly earnings. Coca-Cola posted second quarter earnings per share of 84 cents, surpassing Wall Street’s estimates of 81 cents. Additionally, revenue exceeded expectations, coming in at $12.4 billion compared to the estimated $11.8 billion. This performance highlights Coca-Cola's ability to maintain growth even during challenging economic times. While historical performance is crucial, Wall Street places significant emphasis on forward guidance. Coca-Cola did not disappoint in this regard, raising its guidance from 4-5% to an impressive 8-9%. This substantial increase serves as a reinforcing signal for investors, indicating strong future prospects. Although Coca-Cola’s "growth" stage is long behind it,...
CrowdStrike Holdings Chart done on hourly timeframe. CrowdStrike shares slipped lower again to kick off the new week as the company continues to deal with the aftermath of the global tech outage. Thousands of consumers and dozens of industries were impacted by the outage, leading some analysts to downgrade the stock, which spread even more fear for investors. In a matter of just two days, the stock fell below its key 100 and 200 day moving averages, supports it has held since May 2023. Some aggressive investors are arguing that this may be a good time to buy the stock, so let’s dive into their numbers. CrowdStrike is a fast growing company that has managed to boost revenue at double...
