Motley Fool Money Nasdaq Pain Continues
May 5, 2022
Andy Cross, an investment analyst at The Motley Fool, shares insights on the Nasdaq's recent 5% drop and its implications for investors. He delves into Shopify's disappointing earnings and their strategic $2 billion acquisition of Deliverr. The discussion also highlights EPAM Systems' unexpected strong performance amidst market challenges. Additionally, Jim Gillies explores MTY Food Group's growth potential and operational strategies, emphasizing the importance of long-term investing even in turbulent times.
AI Snips
Chapters
Transcript
Episode notes
Market Pain
- The Nasdaq's 5% drop reflects the current market pain, impacting investors of all levels.
- This volatility is a recurring aspect of investing, influenced by economic shifts and unpredictable events.
Long-Term Focus
- Focus on long-term market participation for better returns.
- Withstand market fluctuations by holding onto chosen businesses for the long haul.
Shopify's Slowdown
- Shopify's Q1 results mirror Amazon's, with lower profits and revenue than anticipated.
- This slowdown and a $2B logistics acquisition led to a 15% share drop.