GameStop Corp (NYSE: GME) opened about 40% up on Monday after “Roaring Kitty” made a post on “X” for the first time since 2021. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why does Roaring Kitty matter for $GME?Copy link to sectionThat’s significant since Keith Gill who goes by “Roaring Kitty” on X and “DeepF******Value” on Reddit is the one who inspired the short squeeze of 2021.  He, therefore, is the pioneer of the meme stock frenzy so to speak ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Carnival Corporation’s (NYSE: CCL) shareholders have seen substantial gains, with the stock price rising over 52% in the last year, significantly outperforming the S&P 500’s 22% increase. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This surge might make potential investors wonder if they’ve missed the boat on Carnival’s shares, or if the company’s recovery trajectory sugges ...

Pfizer Inc. (NYSE:PFE) faced a challenging 2023 in the stock market, with its shares plummeting from over $50 to a low of $25. However, recent developments suggest a potential turnaround for the pharmaceutical giant. On May 1, 2024, Pfizer reported better-than-expected results for the first quarter of the year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Their non-GAAP earnings per share of $0.82 surpassed expectations by $0.31, while revenue of $1 ...

The European Union is poised to bring fresh antitrust charges against Microsoft Corporation, with concerns centered around the tech giant’s videoconferencing app, Teams, according to a report from the Financial Times on Monday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Sources familiar with the matter indicated that EU officials believe Microsoft’s practices could be disadvantaging competitors in the market. Concerns over integration and pricing ...

American stocks had a great performance this week as the first quarter earnings season came to a close. The Dow Jones indicator has risen for three straight weeks and is nearing its all-time high of $40,000.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Similarly, the Nasdaq 100 and the S&P 500 indices are all nearing their all-time highs. That’s because the earnings season has been highly successful. Data by FactSet shows that so far, companies have ...

Group 1: Nike's Performance - Nike's stock price has declined over 47% from its peak in 2021, making it one of the worst performers in the Dow Jones [1] - In comparison, Adidas has increased by over 139% from its lowest point in 2023, while Nike's stock has only risen by 12% over the past five years, compared to the S&P 500's nearly 81% increase in the same period [1] Group 2: On Holding's Growth Potential - On Holding has shown remarkable growth, with total revenue increasing from $276 million in 2019 to over $2.13 billion in 2023, marking a significant upward trend [2] - Analysts project On Holding's revenue to reach $2.5 billion this year and $3.16 billion by 2026, contrasting with Nike and Adidas, which are expected to have low single-digit revenue growth [4] - On Holding reported a 21.9% revenue increase in Q4, driven by strong website and retail traffic, with expectations of an 18.3% year-over-year revenue growth to $547 million in Q1 [4][6] Group 3: Profitability and Future Outlook for On Holding - On Holding achieved a net profit of over $94.2 million in 2023, up from $62.4 million the previous year, after a net loss of $186 million a year earlier [6] - The company aims for a compound annual growth rate (CAGR) of 26% through 2026 and targets an EBITDA margin of 18%, an increase from the current expectation of 16%-16.5% [6] - Analysts anticipate that On Holding will exceed profit per share estimates of 16 cents, indicating strong future performance potential [6]

Group 1: Company Performance - Taiwan Semiconductor Manufacturing Company Limited (TSM) reported a revenue increase of 59.6% year-over-year, reaching NT$236.02 billion in April 2024, driven by demand from major clients like Apple, Nvidia, and AMD [1] - Despite previous caution from CEO C. C. Wei regarding the semiconductor market's growth in 2024, TSM remains optimistic about future expansion, particularly in the foundry sector due to rising AI semiconductor demand [1] - TSM announced a cash dividend of NT$4 per share for the first quarter of 2024, reflecting its commitment to shareholders [1] Group 2: Stock Performance and Technical Analysis - TSM's stock has faced volatility typical of the semiconductor industry, previously falling to $40 during the COVID bear market and rising above $140 by February 2021, but struggling to surpass the $145 mark [2] - The stock attempted to break the $145 barrier in January 2022 and reached a high of $158.4 earlier this year, but retreated shortly after; a sustained close above $145 for a week is necessary for a potential uptrend [5] - Currently, TSM's stock is trading within a $125-$145 range, which is being tested again [6]

Core Insights - Taiwan Semiconductor Manufacturing Co. (TSMC) reported April 2024 revenues of NT$236 billion (approximately $7.3 billion), reflecting a significant year-on-year increase of 59.6% and a month-on-month increase of 21% [1] - The April revenue figures are just $7.18 billion short of TSMC's record monthly high of NT$243.20 billion (US$7.517 billion) reported in November 2023, which had a year-on-year increase of 15.7% and a month-on-month increase of 34.8% [1] - TSMC's revenue growth is attributed to the rising demand for AI-related technologies and chips, indicating a robust market for AI-adjacent stocks [1][3] Revenue Performance - April 2024 revenue of NT$236 billion represents a near 60% increase compared to April 2023 [1] - The month-on-month increase of 21% in April 2024 significantly outpaces the previous year's performance in November 2023 [1] - This may be the highest yearly increase in monthly revenue figures TSMC has ever recorded [3] Market Demand - TSMC's CEO highlighted the growing integration of artificial intelligence across various sectors, including data centers, PCs, mobile devices, automobiles, and the Internet of Things [3] - The company is focusing on providing a comprehensive set of technologies to support AI development, including advanced silicon and packaging solutions [3]

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Artificial Intelligence cryptocurrencies display upside stances as OpenAI confirms plans to announce a Google search competitor on 13 May 2023. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.AI Telegram trading bot Bitbot (BITBOT) reflected the bullishness as its ICO approaches the targeted $3,546K.  OpenAI’s upcoming Google search competitorCopy link to sectionChatGPT’s firm ...

Today, global online gaming platform Roblox Corporation released its Q1 2024 financial results before US markets opened.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.As one of the most widely used gaming platforms in the United States, and one of the most aggressively growing ones worldwide, Roblox has enormous potential – and investor excitement – built up for the 2024 year. Roblox has previously announced its intentions to penetrate other demograp ...