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- Oct 29th Stock Market Update - NASDAQ moves higher on anticipation of Mag 7 earnings
Oct 29th Stock Market Update - NASDAQ moves higher on anticipation of Mag 7 earnings
$WELL $RBLX $DKNG
Market
“The big tech earnings kicks off with Google, followed by the rest next week.The news will be focused on AI and Cloud growth in particular for the Hyperscalers - Amazon, Microsoft and GCP” 😊 😋
NASDAQ still leading the way - with tech
One of the stocks that fell after good earnings was $SOFI which many folks have asked me about. I have not been a holder (I did trade it) of the stock, which is a good name, with good results, but richly valued for a bank at 83X NTM EPS - which is what it is, regardless of the hype.
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