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👨‍⚖️ Can't Handle The Truth

Truth Social shares remained volatile following Trump verdict. Plus, Dell shares get sent to the scrapyard.

Happy Thursday, Zingernation! It must be nice to be a billionaire. You could buy a new yacht on a whim, purchase your favorite sports team, go to outer space, or, best of all, get free McDonald’s for life.

–Aaron Bry & Nic Chahine

Today’s Price Action:

$SPY: -.66%
$QQQ: -1.07%
$DIA: -0.81%

Plus, how to make money in the market by only trading one stock.

TODAY’S MOST VOLATILE STOCKS
TODAY’S TOP STORY
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Briefly: Dell reported financial results for the first quarter after the market close today. Here’s a look at the key details from the quarter.

So Basically: Dell’s fiscal first-quarter revenue increased 6% year-over-year to $22.24 billion, beating the consensus estimate of $21.67 billion, and earnings of $1.27 per share, beating estimates of $1.26 per share.

So Then: COO and Vice Chairman Jeff Clarke gave the numbers an even rosier spin, stating, “No company is better positioned than Dell to bring AI to the enterprise.”

But Still: At the time of writing, Dell shares were down nearly 13%, according to Benzinga Pro. It might not help that one of their chief competitors, HP, closed the day up nearly 17% on optimism for its AI-powered PCs.

Click here to read more.

PRESENTED BY MONUMENT TRADERS ALLIANCE

It’s no secret that AI has been one of the hottest trends in the market. But what happens when you combine an AI stock with one of the best new trading strategies??

This new research proves this could have made a top 2,614% gain within 10 days using the ticker C3.AI (AI) earlier this year...

And while 20-baggers are exceptionally rare for any investor, A gain like that would be enough to turn $1,000 into $27,140!

That’s the potential of Multi-millionaire trader Nate Bear’s new strategy he calls "One Ticker Payouts"...

It involves one ticker, one trade, every week. How is this possible?

This ad is sent on behalf of Monument Traders Alliance. 105 West Monument Street, Baltimore, MD 21201. If you would like to optout from receiving offers from Monument Traders Alliance, please click here.

FIVE MOVERS

Truth Social shares dropped after the close, but remained volatile, following Former President Donald Trump’s guilty verdict in the hush money trial.

SentinelOne shares moved lower after hours as the company missed analysts’ EPS expectations.

Ulta Beauty reported stronger-than-expected earnings, sending the cosmetics giant higher by more than 12%.

Gap followed Ulta’s lead, crushing analysts’ expectations for both EPS and revenue. The stock traded up more than 20% on the report.

Best Buy closed the day higher by more than 10% after the electronics chain reported impressive earnings before the open.

ONE TRADE IDEA FOR TOMORROW

Big Hero 6 Belly GIF

Briefly: Goldman Sachs analysts re-rated Eli Lilly and Novo Nordisk, citing the potential of their weight-loss drugs.

Hefty Opportunity: The firm expects the global sales of weight-loss drugs to reach $130 billion by 2030, up from their prior $100 billion forecast.

Price Targets: Analyst Chris Shibutani maintained a Neutral rating on Eli Lilly with a price target of $785, up from $740, while analyst James Quigley reiterated a Buy rating on Novo Nordisk with a price target of $156.

Why It Matters: According to Shibutani, these two leading commercial players will likely sustain their dominant share and market leadership as the weight-loss market, somewhat ironically, continues to increase in size.

Click here to read more.

PRESENTED BY MONUMENT TRADERS ALLIANCE

It’s no secret that AI has been one of the hottest trends in the market. But what happens when you combine an AI stock with one of the best new trading strategies??

This new research proves this could have made a top 2,614% gain within 10 days using the ticker C3.AI (AI) earlier this year...

And while 20-baggers are exceptionally rare for any investor, A gain like that would be enough to turn $1,000 into $27,140!

That’s the potential of Multi-millionaire trader Nate Bear’s new strategy he calls "One Ticker Payouts"...

It involves one ticker, one trade, every week. How is this possible?

This ad is sent on behalf of Monument Traders Alliance. 105 West Monument Street, Baltimore, MD 21201. If you would like to optout from receiving offers from Monument Traders Alliance, please click here.