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Following This Week's Market Wobble, Park Your Cash in These Megatrends

Following This Week's Market Wobble, Park Your Cash in These Megatrends
investorplace.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investorplace.com Daily Mail and Mail on Sunday newspapers.

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Recapping the FAANG's Earnings Reports: FB, AMZN, AAPL, GOOGL


GOOGL) reporting earnings this week.
As I discussed last week, Netflix reported a disappointing second quarter, with earnings missing analysts’ estimates by 5.8%. As a result, the stock fell nearly 3%.
So, let’s use today’s
Market360 to review the remaining FAANG stocks’ earnings reports.
Facebook (FB) Announced July 28
Facebook’s second-quarter revenue rose 56% year-over-year (YOY) to $29.08 billion, which beat Wall Street consensus estimates for revenue of $27.89 billion. Earnings climbed 181% YOY to $3.61 per share, up from the $1.80 earned in the prior year. Analysts were calling for earnings of $3.03 per share, so the company topped expectations by 19%.
The social media giant’s userbase held steady at 195 million daily active users in the U.S. and Canada but is still down from 196 million in the fourth quarter 2020. However, across all of its apps including Instagram, Messenger and WhatsApp, monthly users ticked up 6% to 3.51 billion f ....

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3 Small-Cap Stocks Set to Sizzle While Robinhood Fizzles


GameStop (NYSE:
GME) trading on January 28, investors were rightfully livid. It seemed as though the trading app had single-handedly halted GME’s rise, snapping the intense momentum Reddit traders had worked to build. As a result, thousands of trades ended up losing money.
Source: mundissima / Shutterstock.com
What goes around comes around. So it’s only fitting that Robinhood’s IPO one of the year’s most hotly anticipated listings fell flat. Despite promising to upend Wall Street and bring cheap investing to the masses, HOOD has started to look more like a mobile version of the firms CEO Vlad Tenev set out to usurp. ....

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