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VIX Stands Firm as Fear Drains, Stocks Chase Records and Earnings Keep Dip-Buyers Engaged
24/7 Wall St.91d agobullish
VIX Stands Firm as Fear Drains, Stocks Chase Records and Earnings Keep Dip-Buyers Engaged

The CBOE Volatility Index (VIX) slipped about 1.2% Thursday morning to hover just above the 17 level, extending a steady drift lower from the 31.05 peak set on March 27. The fear gauge is down 28% over the past month and squarely inside the 15 to 20 normal band. With stocks perched near records, the ... VIX Stands Firm as Fear Drains, Stocks Chase Records and Earnings Keep Dip-Buyers Engaged

AppLovin tops Q1 earnings expectations on AI-driven ad growth
Proactive91d agobullish
AppLovin tops Q1 earnings expectations on AI-driven ad growth

AppLovin Corp (NASDAQ:APP) reported better-than-expected first quarter results and raised its outlook for the current quarter, driven by continued strength in its AI-powered advertising business. The marketing and advertising technology company posted first-quarter revenue of $1.84 billion,...

AppLovin Price Prediction Raised After Q1 Earnings Beat
24/7 Wall St.91d agobullish
AppLovin Price Prediction Raised After Q1 Earnings Beat

Our AppLovin (NASDAQ:APP) call comes at a moment when the stock has recovered ground after a weak first quarter. Shares trade at $468.83 as of writing, and our proprietary model points to meaningful upside from here. The 24/7 Wall St. price target for AppLovin is $576.79, implying 23.03% upside over the next 12 months. Confidence ... AppLovin Price Prediction Raised After Q1 Earnings Beat

Peloton Soars 11% on Q3 Profit Turnaround, Raised Guidance, Spotify Partnership
24/7 Wall St.92d agobullish
Peloton Soars 11% on Q3 Profit Turnaround, Raised Guidance, Spotify Partnership

Shares of Peloton Interactive (NASDAQ:PTON) are climbing 11% to $5.76 in premarket trading on Thursday, May 7, after the connected fitness company posted a swing to GAAP profitability and lifted its full-year outlook. The bid follows an 8-K filed at 6:59 a.m. ET and an earnings call that began at 8:30 a.m. ET. The pop ... Peloton Soars 11% on Q3 Profit Turnaround, Raised Guidance, Spotify Partnership

AppLovin (APP) shares climb on earnings beat driven by advertising strength
InvestorsHub92d agobullish
AppLovin (APP) shares climb on earnings beat driven by advertising strength

AppLovin (NASDAQ:APP), the artificial intelligence-powered mobile advertising company, posted first-quarter revenue and earnings that exceeded Wall Street expectations, supported by continued strong demand for its advertising offerings and AI-enabled tools. The stock gained more than 2% in premarket trading Thursday following the results.

Novo Nordisk Guidance Lift Tests Valuation As Oral Wegovy Demand Surges
Simply Wall St.92d agobullish
Novo Nordisk Guidance Lift Tests Valuation As Oral Wegovy Demand Surges

Novo Nordisk (NYSE:NVO) raised its 2026 full year guidance after the launch of its oral Wegovy weight loss pill in the U.S. Prescriptions for the oral version have surpassed 2,000,000 since January, signaling strong demand for the new format. The update comes during a period of intense competition with Eli Lilly and ongoing pricing pressures in the weight loss drug market. Novo Nordisk, trading at $45.76, sits at the center of the current weight loss drug story, with oral Wegovy adding a...

Earnings Beats in Europe Mask Tougher Times Ahead for Stocks
Bloomberg92d agobullish
Earnings Beats in Europe Mask Tougher Times Ahead for Stocks

(Bloomberg) -- A strong earnings season is hiding tougher times ahead for European stocks as the effects of the Iran war make it harder for companies to meet lofty profit expectations in the quarters to come.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS, Iran Weigh Potential D