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

Bulls Creep Back in to Tesla Options After Stock Selloff
Bulls Creep Back into Tesla Options After Stock Selloff

Following a severe three-day selloff, bullish optimism returned to Tesla Inc's (TSLA.O) options on Wednesday, as the stock bounced between gains and losses.

Stocks
NFTs Are Booming. What Investors Need to Know.
NFTs Are Booming. What Investors Need to Know.

NFTs are captivating crypto-imagination. According to Chainalysis, digital assets will be worth $44 billion in 2021, up from nearly nothing in 2019. Although prices have subsequently fallen, the market is still estimated to be worth $30 billion.

Crypto
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Oliver

Blockchain for Business. Pros & Cons
We wouldn't exaggerate if we said that blockchain technology ranks among the most praised technologies of today.

discover
5 Best Small Cap ETF to Buy in 2024

Nato

5 Best Small Cap ETFs to Buy in 2024 for High Growth Potential

Discover the 5 best small cap ETFs to buy in 2024 for high growth potential. Compare top funds to find the right small cap exposure for your portfolio.

Investing
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

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business

    Constantine

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Alexander

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Hazem

    Megaphone Pattern​: What Is It? How to Use It In Trading

    Megaphone Pattern​: How to Read & Trade with It

    Constantine

    Top 5 Liquidity Bridge Providers in DeFi

    Top 5 Liquidity Bridge Providers in DeFi

    Hazem

    Max Funded IUL Explained: Is It a Legitimate Financial Strategy?

    Understanding Max Funded IUL

    Alexander

    Tax Refund Timeline: When Will You Get Your Tax Return?

    how long does it take for tax refund

    Constantine

    Crypto Liquidity — What is it, and How to Measure It?

    What is Crypto Liquidity and How to Measure It?

    Constantine

    AI in Finance: A Game-Changing Trend Shaping the Industry

    AI in Finance

    Hazem

    5 Ways to Make Money with ChatGPT and Build Your Wealth

    Make Money with ChatGPT

    Constantine

    Top AI Companies to Invest in April 2025

    Top AI Companies to Invest in March 2025

    DeepSeek vs ChatGPT: Which AI Technology is Better For You?

    DeepSeek vs ChatGPT: Feature-by-Feature AI Tool Comparison

    Constantine

    Top Solana Meme Coins in 2025: Best Presales and Where to Buy

    Solana Meme Coins 2025

    Alexander

    How Renewable Energy Stocks Can Supercharge Your Portfolio

    How Renewable Energy Stocks Supercharge Your Portfolio

    SEC Crypto Regulations: What Financial Advisors Need to Know

    SEC Crypto Regulations: Insights for Financial Advisors
    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.