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- Jun 4th Stock Market Update - CrowdStrike continues to execute well among all Cybersecurity companies
Jun 4th Stock Market Update - CrowdStrike continues to execute well among all Cybersecurity companies
$ZI $UPST $QCOM
Mukund Mohan
June 04, 2024
Market
“CrowdStrike beat earnings and revenue projections and raised guidance for the next quarter and year, resulting in a 7% move higher for the stock. ” 😊 😋
All 3 indices did moderately well ahead of big employment numbers on Friday
Nvidia, Costco, Walmart, Novo Nordisk and Coke continue to hit new highs. The big stocks are where you want to be right now versus mid cap.
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Technology stocks still went up mostly due to Semiconductor
The interesting diversion is how mid and small cap SaaS stock ($SNOW, $MDNY, $S etc.) are struggling, but large cap stocks continue to do well in technology.
Insights from the portfolio
Video of the day
Today’s video is on Qualcomm $QCOM the communications chip and Semiconductor company that’s starting to grow revenues again.
