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Weekly US Stock Market Update (Jul. 29th - Aug. 2nd)

πŸ“‰πŸ“ˆ **Weekly US Stock Market Update (Jul. 29th - Aug. 2nd)**

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Weekly US Stock Market Update (Jul. 29th - Aug. 2nd)

Market takeaways

πŸ“‰πŸ“ˆ **Weekly US Stock Market Update (Jul. 29th - Aug. 2nd)**

What to watch next

  • PCE inflation report and Fed commentary
  • Q2 earnings season and forward guidance
  • Global growth trends and geopolitical developments

Article notes

πŸ“‰πŸ“ˆ Weekly US Stock Market Update (Jul. 29th - Aug. 2nd)

Last week, the S&P 500 dropped by -2.37%. Here are the top gainers and losers:

πŸš€ Top Gainers:

1. 2U Inc. (#2U $TWOU)

- Industry: Education

- Sector: Consumer Defensive

- % Change: +99%

- Reason: 2U ($TWOU) Stock Continues to Surge in Bankruptcy Rally

- [Learn More](https://mavefund.com/company?key=TWOU)

2. Omnicell (#Omnicell $OMCL)

- Industry: Health Information Services

- Sector: Healthcare

- % Change: +34%

- Reason: Omnicell ($OMCL) Surpasses Q2 Earnings and Revenue Estimates

- [Learn More](https://mavefund.com/company?key=OMCL)

3. Exact Sciences (#ExactSciences $EXAS)

- Industry: Diagnostics

- Sector: Healthcare

- % Change: +30%

- Reason: Exact Sciences ($EXAS) Shares Gap Up on Better-Than-Expected Earnings

- [Learn More](https://mavefund.com/company?key=EXAS)

πŸ“‰ Top Losers:

1. Moderna (#Moderna $MRNA)

- Industry: Biotechnology & Medical Research

- Sector: Healthcare

- % Change: -30%

- Reason: Moderna stock falls 20% as it slashes guidance on low EU sales, tough U.S. vaccine market

- [Learn More](https://mavefund.com/company?key=MRNA)

2. Intel (#Intel $INTC)

- Industry: Semiconductor

- Sector: Technology

- % Change: -32%

- Reason: Intel stock plummets most in 40 years amid massive restructuring

- [Learn More](https://mavefund.com/company?key=INTC)

3. Snap Inc. (#SnapInc $SNAP)

- Industry: Internet Content

- Sector: Communication

- % Change: -30%

- Reason: Snap’s stock drops sharply as revenue misses estimate

- [Learn More](https://mavefund.com/company?key=SNAP)

Stay informed with the latest market trends! πŸ”πŸ“Š

#StockMarket #Investing #Finance #Stocks #MarketUpdate #LinkedIn

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