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This TikTok rival is up big, what you need to know

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Fri, Apr 26, 2024 01:15 PM

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Today’s big movers inside                                              

Today’s big movers inside                                                                                                                                                                                                                                                                                                                                                                                                                 April 26, 2024 This TikTok rival is up big, what you need to know In partnership with Good morning, 360! Don’t forget to join us today for LIVE trading in the [Market Master’s Room](. JW will be live 9-11 and 3-4 EST today — but room is open all day. Friends don’t let friends trade alone in this Market! FOCUS LIST🔎 SNAP - Up over 25% in pre after reporting better than expected earnings, ad revamp and 125% growth in its TikTok rival COOT - Up over 7% in pre after entering into contract with Woolworths and Costco Australia GOOGL - Up over 10% in pre after earnings beat cash dividend *sponsored by ZenniHomes Invest in the Future of Scalable Housing [ZenniHome]( is on a mission to completely disrupt the housing industry through building the highest quality and attainable stackable housing. With over 80,000 soft orders and 1,000+ B2B orders firmly in process, ZenniHome is prepared to solve the housing crisis at scale. Recent accomplishments: - Dr. Michael Schmitt has joined as COO (previously Tesla and Bosch) to lead building factory 2.0 capable of 20+ homes per day - $74M in grants awarded from Navajo Nation for factory expansion and home purchases [Closing soon: Learn more and Invest in ZenniHome]( HOTLIST🔥 SNAP - Up over 25% in pre after reporting better than expected earnings, ad revamp and 125% growth in its TikTok rival Snap Inc. (SNAP) operates as a technology company in North America and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. In the after-hours yesterday, [SNAP reported]( Q1 revenue of $1.2 billion vs $1.12 billion expected, and a 21% increase year over year (YoY) , Q1 EBITDA came in at $45.7 million, compared with less than $1 million a year earlier. Analysts projected a loss of $67.6 million. SNAP also said users spent 125% more time last quarter watching Spotlight, its scrollable feed of videos that offers a similar experience to TikTok. With the possibility that TikTok may be banned in the US investors are weighing whether that could significantly benefit SNAP in the quarters ahead. The stock traded up over 25% in the pre-market after the news. The $14 area has acted as support in the after-hours and the pre-market and will be an important level to watch. Above it, targets to the upside are $14.30, $14.60, and then the after-hours high at $15.04. Beyond that $15.30, $16, $17 and $17.50 come into play. Below $14, targets to the downside are $13, $12.50, $12 and then a gap fill at $11.40. COOT - Up over 7% in pre after entering into contract with Woolworths and Costco Australia Australian Oilseeds Holdings Limited (COOT) is the largest cold pressing oil plant in Australia and the APAC region, pressing strictly GMO-free conventional and organic oilseeds, through its subsidiary Good Earth Oils. In the after-hours yesterday [COOT announced]( that it had entered into a new contract to supply Australia’s largest supermarket chain, Woolworths, with a range of non-GMO cold pressed extra virgin canola oils in all 960 stores across Australia. The new the contract value is approximately USD 3.5 million over the next eight months. Good Earth Oils has also secured a contract with Costco Australia valued at approximately USD 3 million to supply its non-GMO cold pressed extra virgin canola oil to Costco stores throughout Australia. COOT also announced it is in discussions with other retail chains in both Australia and the United States for supply of its unique range of non-GMO cold pressed extra virgin vegetable oils that are processed without the use of harmful chemicals. The stock traded up over 7% in the pre-market after the news. The $1.60 area has acted as previous resistance and will be the first major target for bulls to the upside. Beyond that, $1.70 and then the pre-market high of $1.93 comes into play. Above that targets are $2, $2.25 and $3. Below $1.60, targets to the downside are $1.50 and then a gap fill at $1.40. New to Options Trading? How does trading ONE Stock, Every Day sound? [Dip your toe in with JW and his crew in Market Navigator!]( We know you can do it 💪 GOOGL - Up over 10% in pre after earnings beat cash dividend Alphabet Inc. (GOOGL) offers various products and platforms in the United States and internationally. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services. In the after-hours yesterday, [Alphabet reported]( its first quarter earnings. Q1 sales, excluding partner payouts, came in at $67.6 billion vs $66.1 billion expected. Net income was $1.89 per share vs $1.53 expected. The company also said it would pay a dividend of 20 cents a share, its first ever, and repurchase an additional $70 billion in stock. GOOGL traded up over 10% in the pre-market on the back of the earnings report yesterday. The $173.50 area has acted as support in the after-hours and pre-market and will be an important level to watch. Above it, targets to the upside are $175, $179 and then the after-hours high at $181.86. Beyond that is all time highs so I would look at round numbers such as $185, $190 and then the psychologically important $200 level. MARKET NEWS 📰 MORE Great Trading Resources: [Get instant access to Jeff Bishop's top trading ideas]( [For great training in options basics, start your journey Jeff Williams]( Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at . FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers mentioned in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. *Sponsored Content: If you purchase anything through a link in this email other than RagingBull services, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we will be paid in some way. We recommend that you do your own independent research before purchasing anything. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals. RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. [tw]( Update your email preferences or unsubscribe [here]( © 2024 360 WallStreet 62 Calef Hwy. #233 lee, NH 03861, United States of America

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