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DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

DraftKings Inc. - Ordinary Shares - Class A

DraftKings Inc

DKNG is trending downwards, with community sentiment reflecting frustration and disappointment with the stock's performance amidst broader market gains. Speculation centers on increased competition from prediction markets and concerns about the company's leadership and innovation. Some investors also express concern on recent deals and partnerships and if those deals will move the stock price.

Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide and gallium nitride (GaN) materials and devices for power and radiofrequency (RF) applications. Its product families include silicon carbide and GaN materials, power devices and RF devices, and its products are targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

Wolfspeed Inc - Ordinary Shares (New)

Wolfspeed Inc

Wolfspeed's stock is trending following its emergence from Chapter 11 bankruptcy, marked by a financial restructuring that significantly reduced debt. The community is actively discussing the implications of the restructuring, particularly the conversion of old shares to new ones and the potential for a short squeeze. Some investors express concerns about dilution, while others see opportunity in the company's improved financial health and position in the silicon carbide market.

Pfizer Inc. is a research-based global biopharmaceutical company, which engages in the discovery, development, manufacture, marketing, sales and distribution of biopharmaceutical products worldwide. The firm works across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases. The company was founded by Charles Pfizer Sr. and Charles Erhart in 1849 and is headquartered in New York, NY.

Pfizer Inc.

Pfizer Inc

Pfizer is trending amid discussions of a potential $70 billion investment and a possible drug-pricing deal with the White House, sparking debate about the implications of government involvement and pricing strategies. The community is analyzing the potential impact of these developments on Pfizer's future and comparing it to competitors in the pharmaceutical sector. Some are also looking at poor obesity data from a company $PFE recently bought.

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

Meta Platforms Inc - Ordinary Shares - Class A

Meta Platforms Inc

META is trending as investors assess its AI strategy and the potential impact of a recent deal with CoreWeave. The community is debating the stock's near-term direction, with some expressing frustration over recent price action and others citing long-term growth potential and strong analyst ratings. Discussions also include Meta's competition in the social media landscape and its forays into AI and hardware.

UiPath, Inc. engages in the development and provision of a software platform to automate business processes. The firm serves the public, healthcare, telecommunication, finance, and banking industries. It also offers accounts payable automation, claims processing automation, contact center automation, and finance and accounting automation. The company was founded by Daniel Dines and Marius Tirca in 2005 and is headquartered in New York, NY.

UiPath Inc - Ordinary Shares - Class A

UiPath Inc

UiPath ($PATH) is trending following the announcement of new AI partnerships with major tech companies, including Nvidia, OpenAI, Google, and Snowflake, related to Agentic Automation. The community is discussing the potential for a short squeeze, weighing the impact of executive stock sales, and debating comparisons to competitors like Palantir ($PLTR). Traders are closely monitoring distribution, ARR quality, and gross margin durability.

Draganfly, Inc. engages in the manufacture and sale of commercial unmanned aerial vehicle systems and software serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Its products include quad-copters, fixed wing aircrafts, ground based robots, hand held controllers, and software used for tracking, live streaming, and data collection. The firm also offers custom engineering, training, simulation consulting, as well as data and flight training services. The company was founded by Zenon Dragan and Christine Dragan in 1998 and is headquartered in Saskatoon, Canada.

Draganfly Inc

Draganfly is trending following news of the U.S. Army selecting them to supply drone systems, including setting up manufacturing at overseas facilities. The community is discussing the potential implications of this deal, particularly around long-term revenue and the possibility of a short squeeze, given the stock's high short interest. Bullish sentiment seems to be building, with some anticipating further upside potential for the drone manufacturer.

CoreWeave, Inc. engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.

CoreWeave Inc. - Ordinary Shares - Class A

CoreWeave Inc

CoreWeave is trending due to a reported $14 billion AI cloud deal with Meta, sparking excitement about the company's growth potential and role in the AI infrastructure space. The community is discussing potential revenue boosts, S&P 500 inclusion, and the implications for key hardware suppliers like Supermicro. Bullish sentiment is high, with many viewing CoreWeave as a major player in the rapidly expanding AI sector alongside Nvidia.

Aurinia Pharmaceuticals, Inc. is a clinical stage bio-pharmaceutical company, which engages in the research, development, and commercialization of therapeutic drugs. The company was founded by Robert Foster, Richard Glickman, and Michael Martin on June 16, 1993 and is headquartered in Edmonton, Canada.

Aurinia Pharmaceuticals Inc

AUPH is trending due to a significant stock drop triggered by a now-retracted LinkedIn post from an FDA official questioning the clinical benefit and safety of Aurinia's drug, Lupkynis. The community is expressing outrage, demanding accountability, and discussing potential lawsuits against the official for market manipulation, with some speculating about past conflicts and short-selling conspiracies. Despite the company's defense of the drug and its FDA approval, uncertainty prevails, and shareholders are closely watching for further developments.

SoFi Technologies, Inc. is a financial service platform, which engages in the provision of student loan refinancing options to the private student loan market. It operates through the following segments: Lending, Technology Platform, and Financial Services. The Lending segment offers personal loans, student loans, home loan products, and related servicing activities. The Technology Platform segment focuses on technology products and solutions revenue. The Financial Services segment includes the SoFi Money product, SoFi Invest product, SoFi Credit Card product, SoFi Relay personal finance management product, and other financial services such as lead generation and content for other financial services institutions. The company was founded in 2011 and is headquartered in San Francisco, CA.

SoFi Technologies Inc

SOFI is experiencing a pullback after a period of gains, leading to a divided community as some investors buy the dip while others express frustration. The conversation centers on the potential for a continued downtrend versus a recovery, with upcoming catalysts like crypto integration and earnings announcements as key factors. Some traders are also looking at SOFI compared to competitors like HOOD.

NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. It operates through the following segments: North America, Europe, Middle East, and Africa (EMEA), Greater China, Asia Pacific and Latin America (APLA), Global Brand Divisions, Converse, and Corporate. The North America, EMEA, Greater China, and APLA segments refer to the design, development, marketing, and selling of athletic footwear, apparel, and equipment. The Global Brand Divisions segment represents its NIKE Brand licensing businesses. The Converse segment designs, markets, licenses, and sells casual sneakers, apparel, and accessories. The Corporate segment is composed of unallocated general and administrative expenses. The company was founded by William Jay Bowerman and Philip Hampson Knight on January 25, 1964 and is headquartered in Beaverton, OR.

Nike, Inc. - Ordinary Shares - Class B

Nike Inc

Nike is trending as investors analyze potential catalysts ahead of upcoming earnings, including mentions of AI during recent calls. Community members are discussing whether the back-to-school season and approaching holidays could contribute to a positive earnings surprise, while others anticipate a possible post-earnings drop.

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Abercrombie (ANF) Down 9% Since Last Earnings Report: Can It Rebound?

Abercrombie (ANF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Consumer discretionary stocks extended their gains last week, while staples slipped, as the Federal Reserve's rate cut lifted the benchmark S&amp;P 500 to another record high.The Consumer Discretionary Select Sector SPDR Fund (XLY) rose 1.2%, its third straight week of gains. The Consumer Staples Select Sector SPDR Fund (XLP) declined at the same rate after dropping 0.7% in the preceding week.Here are the top gainers among consumer and retail stocks:&nbsp;Tapestry (weekly gain 7.3%)Investors have been pumping Tapestry stock since its 15% slide the day after it reported results for its last quarter.Tapestry gave a soft profit outlook and outlined $160 million in tariffs-related costs in its fiscal year 2026 in mid-August. Despite the warning, investors have been upbeat about the strength in its mainstay Coach business, and a $3-billion buyback plan and long-term growth projections announced in&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/tapestry-announces-new-3-billion-share-repurchase-authorization/chwkBTkRduP">its investor day</a> earlier this month.TPR shares have increased by 20% since Aug. 14.Retail sentiment: Bearish&nbsp;Wynn Resorts (weekly gain 6.6%)The casino and luxury resorts operator is rising amid investor expectations that the Fed's rate cut will eventually boost luxury vacations. In recent weeks, Stifel, Morgan Stanley, Citigroup, and Argus have raised their price target on Wynn's stock, with optimism also being driven by Wynn's upcoming $4-billion Wynn Al Marjan property in the UAE, set to open in 2027.Retail sentiment: Bearish&nbsp;Estee Lauder (weekly gain 5%)After two weeks of decline, shares of the beauty products company rebounded last week. After a rough patch, investors anticipate that revenue growth will return, especially from emerging markets, such as China, and an ongoing turnaround effort.Last week, Evercore ISI and HSBC raised their price targets on the EL stock, while maintaining their 'Buy' ratings.&nbsp;&nbsp;&nbsp;Retail sentiment: Bearish&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.

People walk past a Coach store on September 13, 2024 in New York City. (Photo by Michael M. Santiago/Getty Images)

Tapestry, Wynn Resorts, Estee Lauder Stocks Emerge As Weekly Consumer Discretionary Winners On Fed Rate Cut Boost

The Consumer Discretionary Select Sector SPDR Fund (XLY) rose 1.2%, its third straight week of gains. 

Equity

The Consumer Discretionary Select Sector SPDR Fund (XLY) rose 1.2%, its third straight week of gains. 


Here's Why Tapestry (TPR) is a Strong Growth Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Tapestry (TPR) is a Top Momentum Stock for the Long-Term

Tapestry Inc. (TPR) said on Wednesday it expects to buy back about $3 billion in common stock cumulatively from fiscal 2026 through fiscal 2028.&nbsp;The luxury handbag maker also said it plans to return $4 billion cumulatively to shareholders through fiscal 2028 in the form of share buybacks and dividends. Tapestry noted that this is expected to represent 100% of the company’s adjusted free cash flow generation over the three years beginning fiscal 2026.Ahead of the company’s investor day on Wednesday, Tapestry outlined its long-term growth plans, which include a strategy to drive new customer acquisition, focusing on Gen Z consumers, as well as sustaining growth in North America and accelerating momentum in international markets, with a priority on Greater China and Europe.Retail sentiment on <a href="https://stocktwits.com/symbol/TPR">Tapestry</a> dipped to ‘bearish’ from ‘neutral’ territory a day ago, with chatter at ‘low’ levels, according to Stocktwits data. Shares of the company were up marginally in premarket trading.“Our focused strategies and consistent execution position us to generate compounding growth. We expect to deliver durable mid-single digit revenue gains annually, expand our operating margins, and achieve double-digit earnings per share growth in fiscal years 2027 and 2028,” Tapestry’s CFO and COO Scott Roe said.Tapestry said it expects Coach to deliver a three-year mid-single-digit revenue compounded annual growth rate with operating margin expanding to a mid-30% rate over the planning horizon. The company said it has a longer-term ambition for the brand to reach $10 billion in revenue.The company also added that it expects Kate Spade to return to profitable topline growth in fiscal 2027 and accelerate to mid-single-digit revenue growth and a high single-digit operating margin in Fiscal 2028.Tapestry shares have jumped 61% this year and gained over 155% in the last 12 months.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/winklevoss-gemini-raises-ipo-offering-size-after-securing-nasdaq-deal/chwkEYqRdMw">Winklevoss’ Gemini Raises IPO Offering Size After Securing Nasdaq Deal</a>

Tapestry, known for brands like Coach, Kate Spade, and Stuart Weitzman, and Capri, the parent company of Michael Kors, Versace, and Jimmy Choo, originally announced their merger in August 2023.

Tapestry Announces New $3 Billion Share Repurchase Authorization

Overall, Tapestry said it plans to return $4 billion cumulatively to shareholders through fiscal 2028 via share buybacks and dividends.

Is Coach Becoming the Most Influential Brand in Tapestry's Portfolio?

Coach posts 13% sales growth with strong demand in North America, China and Europe, cementing its role as TPR's growth driver.

Why Tapestry (TPR) is a Top Growth Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Can Wolverine World Wide Sustain Its Brand-Led Momentum Through 2025?

WWW's Q2 revenue growth is fueled by Saucony's 41.5% jump, and Merrell's global trail and lifestyle momentum.

International Markets and Tapestry (TPR): A Deep Dive for Investors

Evaluate Tapestry's (TPR) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Tapestry, Inc. engages in the provision of luxury accessories and lifestyle brands. It operates through the following segments: Coach, Kate Spade, and Stuart Weitzman. The Coach segment consists of global sales of Coach brand products to customers through Coach operated stores, including the internet and concession shop-in-shops, and sales to wholesale customers, and through independent third-party distributors. The Kate Spade segment focuses on Kate Spade New York brand products to customers through Kate Spade operated stores, including the Internet, sales to wholesale customers, through concession shop-in-shops and through independent third-party distributors. The Stuart Weitzman segment includes Stuart Weitzman brand products primarily through Stuart Weitzman operated stores. The company was founded by Dawn Hughes in 1941 and is headquartered in New York, NY.

Tapestry Inc

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