Market takeaways
ππ **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
ππ 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:
π 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)
π 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: Snapβs stock drops sharply as revenue misses estimate
- [Learn More](https://mavefund.com/company?key=SNAP)
Stay informed with the latest market trends! ππ
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