Huge Stock Predictions Tomorrow (AMD, SBUX, ABNB)

Published on July 18, 2023

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What’s up guys! Welcome back to the Stocks With Mike & Tom Show! In this episode, we go over our stock predictions for tomorrow. There are a ton of huge events heading into tomorrow!! Powell will speak at 2:30pm EST. while the interest rate decision will be at 2:00pm EST. As we know, interest rates have been on the rise lately. Powell has said he expects a 50 basis-point hike right now, but that can possibly go higher. The market is really bracing for this event, especially with big earnings going on too. We had AMD report earnings after the market closed today and they beat all around. They did well with the EPS, revenue, and guidance!! Their stock has a lot of momentum to the upside because of this and might get hot over the next few days. Airbnb also reported after the bell and also had pretty good numbers!! They beat estimates by 70% year-over-year and also helped out a ton in the Ukraine/Russia situation. Overall they are seeing an uptick in travel/bookings as we saw with airlines and other re-opening stocks lately. Starbucks also reported amazing numbers and off-setting declines in China. Overall, the earnings today went amazingly well, but as we know, Powell will have more of an impact on the market tomorrow. If you enjoyed today’s video please drop a comment down below and like the video. We really appreciate it and it helps us bring you guys better content!!

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0:00 Earnings From Today
6:18 Things To Know
10:27 Momentum Plays

DISCLAIMER: We are not financial advisors. We are just giving our opinions. Everything said in this video is for entertainment purposes only. Do your own due diligence before making any trading or investing decisions.

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Will Huge Stock Go Up, Huge Stock Predictions Tomorrow (AMD, SBUX, ABNB).

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