Stock Movers

Closing Bell: Verizon Rallies on Earnings, Opendoor Skyrockets, Lululemon Slumps

7 snips
Jul 21, 2025
Verizon surprised the market with a revenue boost, raising its profit outlook thanks to wireless price hikes and tax reforms. Opendoor's shares skyrocketed 121%, driven by retail trader enthusiasm and social media buzz. Meanwhile, Lululemon struggled with declining shares due to oversupply and increased competition, reflecting a shift in investor sentiment. The podcast covers these dynamic market movements, highlighting key trends and the overall health of the S&P 500 as trading wraps up.
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INSIGHT

Verizon's Growth Momentum

  • Verizon's strong Q2 revenue beat expectations and raised profit outlook due to wireless price hikes and tax reforms.
  • Despite losing 51,000 wireless subscribers, the company sees clear growth momentum ahead.
INSIGHT

Block Joins S&P 500

  • Block stock soared over 7% as it will join the S&P 500 on July 23, attracting both passive and active investors.
  • Inclusion in the index is expected to boost trading and asset management interest significantly.
INSIGHT

Opendoor's Retail Frenzy

  • Opendoor's stock surged 121% in a day fueled by social media-driven retail interest and hedge fund endorsements.
  • Despite a high short interest of over 20%, the rally extended for six consecutive days, demonstrating speculative market behavior.
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