These Stocks Make Stock Market Predictions 2024 Pretty Positive: Qualcomm, Starbucks, PayPal, SolarEdge, and More

Nov 02, 2023

Stock Market Predictions 2024

As stock futures climbed moderately Thursday after the Federal Reserve left interest rates steady and Chairman Jerome Powell stated restrictive monetary policy has been placing downward pressure on economic activity, these stocks make stock market predictions 2024 rather bullish.

“Given how far we’ve come with the uncertainties and risks we face, the committee is proceeding cautiously,” Powell said at a news conference after the Fed reaffirmed the federal-funds rate goal at 5.25% to 5.5%.

Positive stock market predictions 2024: These stocks were projected to move on Thursday.

Qualcomm (QCOM) anticipated fiscal first-quarter sales of $9.1 billion to $9.9 billion, which is higher than the consensus of $9.2 billion at the midpoint of the range. It anticipates earnings of between $2.25 to $2.45 per share in the quarter, which is higher than the $2.22 expectation. The chipmaker’s fiscal fourth-quarter results exceeded Wall Street projections. The stock price increased by 5.2%.

Starbucks (SBUX) rose 7.4% after the coffee company posted fiscal fourth-quarter earnings of $1.06 per share, above analyst projections of 97 cents. Revenue increased 11% to a new high of $9.4 billion.

Airbnb (ABNB) forecasts fourth-quarter sales of between $2.13 billion and $2.17 billion, falling short of projections of $2.18 billion. The stock dropped 1.7%.

PayPal’s (PYPL) third-quarter adjusted earnings above Wall Street projections, and the payments giant boosted its full-year earnings outlook. In premarket trade, the stock was up 7.2%.

In premarket trading, SolarEdge (SEDG) was down 18% after the solar-power business disclosed a surprising loss and a 13% reduction in third-quarter sales, as well as a dismal revenue projection for the fourth quarter, blaming a “slow market environment.”

Electronic Arts (EA), the video game company, posted fiscal second-quarter net sales of $1.91 billion, up from $1.9 billion a year ago and exceeding analysts’ expectations of $1.8 billion. EA predicts net sales of $7.3 billion to $7.7 billion in fiscal 2024, compared to analysts’ expectations of $7.57 billion. EA’s stock increased 5.3%.

Etsy (ETSY) was down 4.2% after the online retailer warned of a drop in fourth-quarter gross merchandise sales, with CEO Josh Silverman stating there’s “no doubt this is an incredibly challenging environment for spending on consumer discretionary items.”

Novo Nordisk’s (NVO) third-quarter earnings and sales increased as the drugmaker’s weight-loss medications continue to be popular. Novo Nordisk’s shares in the United States were up 2.1%.

Apple (AAPL) was up 0.9% ahead of its quarterly earnings report, which is set to be released after the closing bell on Thursday.

Subscribe Our Newsletter

Boeing Stock Prediction Is Gloomy. After The Supplier Reports a Problem Affecting Several 737s, it Falls.

Milena

Boeing Stock Prediction Is Gloomy. After The Supplier Reports a Problem Affecting Several 737s, it Falls.

Boeing stock prediction is pretty gloomy due to Spirit AeroSystems shares having taken a greater fall, despite the fact that the Boeing supplier has stated that the 737 problem would have no substantial impact on their delivery range.

Stocks
Coinbase Scraps Plans for Crypto Lending Program
Coinbase Scraps Plans for Crypto Lending Program

Coinbase Global Inc announced in a blog post that its plan to create an interest-bearing USD Coin (USDC) lending program has been canceled.

Crypto
B2BROKER Liquidity B2BROKER Liquidity
Sponsored
Liquidity Provider

What is a Liquidity Provider Fee?
Let's find out how do FX Liquidity Providers keep markets moving, what are Liquidity Provider fees and ways to charge them.

discover
Understanding Algorithmic Trading: A Guide

Alexander

Understanding Algorithmic Trading: A Guide for Beginners

Algorithmic trading is a relatively new field in the world of finance. It has become increasingly popular over the last decade as more and more traders are turning to the use of computer-aided techniques and tools to make decisions in their trading activities.

Liquidity
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Hazem

    Grok vs ChatGPT: What’s the Best AI Assistant You Need in 2025

    Grok vs ChatGPT

    Сonstantine

    How to Choose the Right Liquidity Provider for Your Brokerage

    How to Choose the Right Liquidity Provider for Your Brokerage

    Сonstantine

    Low-Latency Trading Defined: Speed, Strategy and Technology

    Low-Latency Trading Explained

    Hazem

    How Liquidity Depth Affects Slippage in High-Volume Trading

    Liquidity depth and slippage in trading

    Hazem

    What is FIX API Liquidity Connection and How Does it Power Institutional Trading?

    FIX API in institutional trading

    Сonstantine

    OTC Trading Strategies and Technologies to Succeed in Over-the-Counter Markets

    OTC Trading Strategies

    Alexander

    What is OTC Trading? A Complete Guide for 2025

    what is OTC

    Alexander

    Synthetic Futures: A Trader’s Guide to Replicating Positions with Options

    How to Trade Synthetic Futures

    Сonstantine

    Order Book Depth: What It Is And Why It Matters?

    Order Book Depth What It is And Why It Matters

    Alexander

    Spot vs Perpetual Futures: Which Is Right for You?

    Spot vs Perpetual Futures explained

    Hazem

    5 Reasons Traders Are Switching to Perpetual Futures

    5 Reasons to Switch to Perpetual Futures

    Constantine

    Top 3 Liquidity Challenges Facing New Exchanges and How to Solve Them

    Top 3 Liquidity Challenges Facing New Exchanges Today

    Constantine

    Financial Planning in the Cryptocurrency Era — Master Crypto and Digital Asset Strategies

    Financial Planning in the Cryptocurrency Era

    Hazem

    Best Platforms to Trade Perpetual Futures in 2025

    Best platforms to trade perpetual futures in 2025

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap

    Vitaliy

    Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit

    Triangle Patterns in Trading: Ascending, Descending & Symmetrical Guide

    Alexander

    What Is COTI? Payments, Token & Price Prediction

    What is a COTI coin

    Constantine

    Best Copy Trading Software in 2025

    Best Copy Trading Software in 2025

    Alex

    What Is an AI Agent? The Future of Finance Explained

    AI Agent Explained
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.