Benzinga Daily Stocks To Watch

Would You Pay $5 For This $TWTR Feature?


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Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.

Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659


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Brent Slava Reach out to Brent at [email protected]

Sr. Reporter, Head of Benzinga Newsdesk

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$LULU $TWTR $KR $WDC $NIO

  • lululemon athletica (LULU) - Shares were up 10% following better-than-expected quarterly results and, importantly, raised 2022 guidance. Analysts were overwhelming optimistic on lululemon moving forward.
  • Twitter (TWTR) - Notable tech analyst, Gene Munster of Loup Ventures, discussed news out of Twitter to finally allow an edit button for tweets. The feature will be available for users of a premium Twitter service costing about $5 per month. Munster, doing the math on the likely users who will utilize the edit feature, estimated Twitter adding an edit button could boost the company's 2023 sales by as much as $150 million. Munster said he was hoping the feature would have added more in sales.
  • Kroger (KR) - A gauge of the US consumer. One of the the US's largest grocers, Kroger will report quarterly results on Friday of next week.
  • Western Digital (WDC) - A play on a worsening outlook for the chip storage sector. To end this week, analysts have been warning about concerning data impacting the cloud and data center computing spaces.
  • NIO, Inc. (NIO) - A gauge of the Chinese consumer. NIO is a top-3 manufacturer of electric vehicles in China. The company will report quarterly results on Wednesday next week.



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Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.



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