Shaken Not Stirred Stocks
Ah Wall Street a playground for the rich and powerful. GameStop a company dear to the hearts of meme stock enthusiasts saw a slight dip as 'Roaring Kitty' showed off his investment prowess. Seems like the kitty's claws are getting sharper with 9.001 million shares and over $6 million in cash.
Adobe Soaring High
Like a phoenix rising from the ashes Adobe spread its wings and soared 14.2% after announcing stellar earnings. JPMorgan upgraded the stock claiming Adobe is ready for 'smoother sailing ahead.' Sounds like Adobe's creative cloud is casting a bright light on the stock market sky.
Hasbro's Game Plan
With a strategic move worthy of a Bond villain Bank of America upgraded Hasbro propelling the toymaker's shares up by 1.7%. Their digital gaming strategy is said to bring earnings back from the brink. Looks like Hasbro is playing the long game with a jackpot waiting at the end of the rainbow.
RH: Rough Handling by Wall Street
RH the high end retailer faced some turbulence as it tumbled 12.3% after a disappointing first quarter report. Wall Street didn't take kindly to the wider loss per share. Looks like even the fanciest stores can't escape the wild winds of the stock market.
Boeing: Turbulence Ahead
Boeing faced some unexpected turbulence as the FAA opened an investigation into counterfeit titanium used in their planes. The company is also under scrutiny after a Boeing 737 flight did the dangerous 'Dutch roll' dance in late May. Looks like Boeing needs a bit of that famous Bond luck to navigate through these stormy clouds.
ZScaler: Security on the Rise
ZScaler the cloud security star of the show added 2% after a JPMorgan upgrade. Trading at a discount Zscaler is hailed as a 'best of breed Zero Trust Network Security vendor.' Looks like ZScaler is the knight in shining armor in the chaotic world of cyber threats.
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