Market takeaways
π **Weekly Stock Market Update: August 19th - 23rd**
What to watch next
- PCE inflation report and Fed commentary
- Q2 earnings season and forward guidance
- Global growth trends and geopolitical developments
Article notes
π Weekly Stock Market Update: August 19th - 23rd
The S&P 500 made solid gains this week, rising by 1.39%. Hereβs a quick look at the top movers in the market:
π Top Gainers:
- [#Peloton Interactive](https://mavefund.com/company?key=PTON) ($PTON): +51% - Turbocharged by surprise revenue growth.
- [#Opera](https://mavefund.com/company?key=OPRA) ($OPRA): +27% - Strong traction with positive FY24 outlook.
- [#Zoom](https://mavefund.com/company?key=ZM) ($ZM): +20% - Earnings beat expectations with revenue inflection in sight.
π Top Losers:
- [#AdvanceAutoParts](https://mavefund.com/company?key=AAP) ($AAP): -25% - Despite beating on sales, earnings miss weighs on the stock.
- [#NuZee](https://mavefund.com/company?key=NUZE) ($NUZE): -16% - Improved loss figures, but still a significant drop.
- [#LancasterColony](https://mavefund.com/company?key=LANC) ($LANC): -13% - Missed both EPS and revenue expectations for Q4 2024.
Stay informed and keep an eye on these stocks for potential opportunities. Let's connect to discuss more market insights! ππΌ
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