Buy The Dip In PLTR

Buy The Dip In PLTR

NASDAQ Futures are currently -2.5%, the 10 year treasury yield is at 3.2% and the dollar is surging. However I would like to break some news: the world is not ending. In fact, I believe the pain trade is now…

SHOP Is Due For A Bounce

SHOP Is Due For A Bounce

Ecommerce platform provider Shopify (SHOP) reported a bad quarter Thursday before the open. Revenue growth decelerated to 22% as the economy reopens and consumers shift more of their spend to brick and mortar from online. SHOP said it expects this…

DASH Continues To Deliver

DASH Continues To Deliver

DoorDash (DASH) reported 1Q22 earnings after the close Thursday. You wouldn’t know it from its chart but DASH’s business continues to progress. Gross Order Volume (GOV) was +25% and Revenue +35%. DASH nudged up its full year 2022 GOV guidance…

Hookup With MTCH

Hookup With MTCH

Tinder parent Match (MTCH) reported 1Q22 earnings after the close Tuesday. Revenue was +20% and Adjusted Operating Income +19% compared with a year ago. 2Q22 guidance for revenue of $810-$820 million and adjusted operating income of $285-$290 million might have…

Dead-LYFT

Dead-LYFT

Ride hailing company Lyft (LYFT) is currently down 25% in the after hours from 52-week lows after reporting 1Q22 earnings. The quarter itself looked fine to me but it seems like 2Q22 guidance of adjusted EBITDA of only $10-$20 million…