Earnings Releases
We had a number of important earnings releases after close yesterday. I will walk through a few of the most important ones and how you can act on them today.
Unity Software ($U)
Unity released earnings after close and it was an absolute dumpster fire. This company is notable because they worked with Apple on the Vision Pro that just released.
I am short this name and think there is still opportunity today to short this stock.
Workday ($WDAY)
Workday also dropped after hours on earnings. This is important because there will be names that drop with it in sympathy such as CRM, CRWD, SNOW, and ZS.
However I am looking on the long side of those sympathy names if they drop. Just like how PANW dropped and names like CRWD dropped and then recovered.
I will be a dip buyer where possible.
Hims ($HIMS)
This stock is up after hours after its first quarter producing positive earnings for investors.
The stock looks great and this is one that I am currently long and am looking for opportunities to add.
For a more robust earnings recap, watch this clip below: