FOMC Interest Rate Preview: Can the Fed Calm Surging Bond Yields?
This FOMC interest rate preview explores whether the Fed will be able to calm the bond market as yields continue rising.
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Earnings focus on Wednesday, options market predicts volatile moves for retail investors. $ZIM reports Q2 results with 6.13% implied move, $BULL with 8.14%, and $IONC with 12.13% move.
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This FOMC interest rate preview explores whether the Fed will be able to calm the bond market as yields continue rising.
An analysis of stocks with strong potential to deliver earnings surprises identifies five companies: Allstate (ALL), Wayfair (W), BILL Holdings (BILL), Twilio (TWLO), and Caribou Biosciences (CRBU). These stocks were selected based on positive earnings surprise history, strong Zacks Rank ratings, positive Earnings ESP, and solid long-term growth prospects. Historical data shows these companies have consistently beaten market expectations, with Allstate averaging a 45.34% earnings surprise over the past four quarters.
Wolfe Research analyst Darrin Peller maintains BILL Holdings (NYSE:BILL) with a Outperform and raises the price target from $57 to $60.
Webull stock fell 6.5% after the CFO's spouse sold 55,000 shares worth ~$494,000 on Monday. However, the analyst notes this shouldn't be concerning as the spouse still owns 772,046 shares and the sale likely relates to tax liability from recently acquired restricted stock units. The main concern remains the stock's steep valuation at 110x trailing earnings.