3rdPartyFeeds

3 Growth Stocks You’ll Regret Not Buying on the Dip

Here's why investors should buy Amazon (NASDAQ: AMZN), Lemonade (NYSE: LMND), and The Trade Desk (NASDAQ: TTD) on the dip. Trevor Jennewine (Amazon): High inflation has wreaked havoc on Amazon, slowing sales growth and squeezing margins. To that end, Amazon saw revenue rise just 7% to $121 billion in the second quarter, and it posted a net loss of $2 billion. Read More...

Motley Fool

Why StoneCo Stock Fell Hard Today

Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street’s consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo’s revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company’s guidance, and up 275% from the year-ago quarter.

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