Financial Movers

If two meteors collided and one was named Carnival Cruise and the other Netflix, they'd make a new meteor called Disney (#DIS). 

In a locked down covid world, streaming rules. People are watching Disney+, Hulu, and ESPN+. As covid fades and the people of the new brave world venture out, they find themselves inside of Magic Kingdom and on top of Disney Cruises. Disney stock is to own the best of both worlds and has many reasons to go higher!

eBay is one of the oldest internet companies around, but their stock is also one of the cheapest when compared to other online marketplace platforms. 

Yesterday the company reported Q2 earnings and left investors feeling mixed. EPS beat by $0.04, but revenue failed to impress and missed by $170M.

To top it off, Q3 guidance came in soft with revenues expected to be lower than what they were this past quarter. But shockingly, the stock still climbed +1.28% today. How?

Maybe it's because the stock is still wildly undervalued. Even if there's negative growth.

Shares of Amazon (#AMZN) are up +2.61% year to date and down -8% since the company reported earnings last month. The stock is flat on the year and many investors are bearish in the short term. 

Why are they bearish? The eCommerce giant reported that Q3 earnings would be less than what they just earned, which signals growth slow down. Actually, negative growth. To add fuel to the fire, Jeff Bezos has stepped down as CEO and  Amazon Cloud Exec Charlie Bell is retiring. But is this all smoke in mirrors?

Late last month #Amazon reported Q2 earnings that showed impressive growth. Q2 Q2 GAAP EPS beat by $2.80 and revenue was up +27.2% Y/Y.

Are investors right by selling their Amazon shares because of lower guidance and executives leaving? Or should they be adding or initiating positions while the stock dips?

Over the past one year Alibaba (#BABA) stock is down -26%. The Chinese tech company reported an earnings beat, but shares continue to decline. Is now the time to buy BABA dip?

From a financial standpoint, Alibaba is knocking o out the lights. Revenue increased +33% Y/Y while cash on the balance sheet as of June 30 was at $45B.

But as revenue continues to increase, shares continue to decrease.

Take-Two Interactive (#TTWO) is a video game development company that's famous for many titles, including Grand Theft Auto. The video game stock is trading down -4% in post-market as investors digest the company's earnings report.

Take-two announced Q1 GAAP EPS of $1.30 (beats by $0.27) and net bBookings of $711.4M (-28.6% Y/Y). Net bookings were actually above guidance and many investors aren't displeased with the numbers.

Fiscal 2022 guidance came in soft and that is what appears to have investors worried. Net Bookings are expected to range from $3.2 to $3.3 billion vs. consensus of $3.43 billion as some release titles are pushed back. Will this become a recurring issue, or should investors buy the dip?

As the market trades sideways, Procter & Gamble (#PG) stock manages to gain +2% on an earnings beat! The consumer goods corporation reported FQ4 Non-GAAP EPS of $1.13 beats by $0.04 and revenue of $18.96B (+3.9% Y/Y).

If an earnings beat wasn't enough for investors, the company also gave a bullish forecast for FY22! P&G noted that looking ahead they expect EPS growth of +3% to +6% while organic growth sales grow between 2% to 4% from a year ago.

Is P&G a buy and hold stock for years to come?

A gap down in the stock price and investors are looking at PayPal (#PYPL) as the stock goes on sale. Last night #PayPal announced Q2 earnings and reported Non-GAAP EPS of $1.15 (beats by $0.03) and revenue of $6.24B (+18.6% Y/Y).

Revenue missed analyst expectations by $30M, but what most investors focused on was the soft guidance. The fintech company expects Q3 revenue of $6.15B-$6.25B vs. consensus of $6.45B. As growth slows investors have been spooked and have decided to sell. Does this present a buy on dip for investors that want to initiate or add to their position?

Mastercard (#MA) stock is trading +1.66% higher since the company announced Q2 earnings this morning. The financial services company reported Q2 Non-GAAP EPS of $1.95 (beats by $0.20) and revenue of $4.5B (+36.4% Y/Y).

Many investors are excited to see revenues of $4.5B because it represents post-pandemic growth from 2020 and topping 2019 revenues of $4.4B. But does the company still have room to grow? Shares are only 2.93% away from all time highs, which leaves many investors wondering if now is the right time to buy #Mastercard stock.

Qualcomm (#QCOM) shares are up +3% in after hours after the company reported Q3 earnings and estimate higher revenues for Q4 than what analyst were expecting.

The chip maker announced Q3 Non-GAAP EPS of $1.92 (beats by $0.24) and revenue of $8.06B (+64.5% Y/Y). Revenue segments in handsets and IoT led much of the growth, which is a promising sign for company growth because those are growing sectors. Is now a good time to buy #Qualcomm stock?

Boeing (#BA) reported what some to believe to have been a "surprise" Q2. The airplane manufacturer announced Q2 Non-GAAP EPS of $0.40 (beats by $1.12) and revenue of $17B (+43.9% Y/Y).

The #Boeing surprise is that the company made a profit last quarter. But is it really a surprise? In March, Southwest Airlines (LUV) announced that they were buying 100 Boeing made planes. Then last month, they announced that they're adding an additional 34 planes to the order. And it's not just Southwest. Late last month United Airlines (UAL) also announced that they need more planes as travel demand picks up. As commercial travel increases, it only makes sense that Boeing revenues increase with it.

So were Boeing earnings really a surprise? Or better yet, is now the time to buy Boeing stock before they "surprise" investors when they report a second profit?