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Today is Thursday, December 5, 2024.

The Early Bird Index today is 84.15

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American Eagle's "Choppiness" 📉

A questionable future outlook overshadowed financial earnings results for American Eagle Outfitters (NYSE: AEO) on Wednesday, sending shares down 12.61% in after-hours trading.

Financials: American Eagle reported earnings of 48 cents per share in the past quarter, which was better than expected. However, revenue only reached $1.3 billion, which was lower than expected. 

Outlook: The company expects revenue in the current quarter to fall 4% due to the calendar shift, which is a big problem in retail because this is the holiday shopping season.

Quote: “Key selling periods have seen a positive customer response, yet we remain cognizant of potential choppiness during non-peak periods.” - CEO Jay Schottenstein.

Stock Price: American Eagle was down 3% in 2024.

Early Bird’s Nest Egg Gains: The challenges faced by American Eagle are part of a larger trend affecting fashion retail. Demand has slowed, competition has increased, and consumer preferences have shifted.

Final Thoughts: American Eagle’s bad year continues. When will it get better?

This smart home company grew 200% month-over-month…

No, it’s not Ring or Nest—it’s RYSE, a leader in smart shade automation, and you can invest for just $1.75 per share.

RYSE’s innovative SmartShades have already transformed how people control their window coverings, bringing automation to homes without the need for expensive replacements. With 10 fully granted patents and a game-changing Amazon court judgment protecting their tech, RYSE is building a moat in a market projected to grow 23% annually.

This year alone, RYSE has seen revenue grow by 200% month-over-month and expanded into 127 Best Buy locations, with international markets on the horizon. Plus, with partnerships with major retailers like Home Depot and Lowe’s already in the works, they’re just getting started.

Now is your chance to invest in the company disrupting home automation—before they hit their next phase of explosive growth. But don’t wait; this opportunity won’t last long.

Invest today before their share price changes next week.

Notables

Notable Earnings Today: Ulta Beauty (Nasdaq: ULTA), Dollar General (NYSE: DG), Lululemon Athletica (Nasdaq: LULU), Victoria's Secret (NYSE: VSCO), Smith & Wesson Brands (Nasdaq: SWBI), Petco Health and Wellness (Nasdaq: WOOF), Hewlett Packard Enterprise (NYSE: HPE), Zumiez (Nasdaq: ZUMZ), Kroger (NYSE: KR), Toronto-Dominion Bank (NYSE: TD), Build-A-Bear Workshop (NYSE: BBW), UiPath (NYSE: PATH), DocuSign (Nasdaq: DOCU), Signet Jewelers (NYSE: SIG), GitLab (Nasdaq: GTLB), Bank of Montreal (NYSE: BMO), Samsara (NYSE: IOT), Caleres (NYSE: CAL), Veeva Systems (NYSE: VEEV), CIBC (NYSE: CM), Asana (NYSE: ASAN), Argan (NYSE: AGX), Brown-Forman (NYSE: BF.B), Canadian Solar (Nasdaq: CSIQ), Car-Mart (Nasdaq: CRMT), Domo (Nasdaq: DOMO), GMS (NYSE: GMS), Guidewire Software (NYSE: GWRE), HashiCorp (Nasdaq: HCP), Methode Electronics (NYSE: MEI), Rubrik (NYSE: RBRK), Science Applications (Nasdaq: SAIC), Smartsheet (NYSE: SMAR).

Notable IPOs Today: zSpace, Inc. Common stock (Nasdaq: ZSPC), Linkers Industries Limited Class A Ordinary Shares (Nasdaq: LNKS).

Notable Equity Crowdfunding Campaigns Ending Today: Netsave (Wefunder), Blackout Coffee (StartEngine).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), Imports / Exports / Trade Balance (8:30 a.m. ET).

Five Below Welcomes New CEO

Discount retail store chain Five Below (Nasdaq: FIVE) jumped 14.56% in after-hours trading on Wednesday after announcing good financial earnings results and a new chief executive officer.

Financials: Five Below reported earnings of 42 cents per share and revenue of $843.7M; both were better than expected. 

Powering the Story: Investors were excited as Winnie Park was named CEO on Wednesday.

Final Thoughts: With the stock down 51% this year, Park needs to help the company make a comeback.

Bitcoin Reaches $100,000 Milestone

Bitcoin gained 4% on Wednesday, hitting the $100,000 milestone for the first time in history.

Final Thoughts: Bitcoin is now up 130% this year, including a 50% gain in the last 30 days.

Trends to Watch

Potential Altcoin Concerns: Altcoin funding rates hit 9-month high — Bullish for altseason or a red flag? (Cointelegraph)

Changes Coming: Trump nominates cryptocurrency advocate Paul Atkins as SEC chair (Associated Press)

Jerome Speaks: Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates (CNN)

No Fly Zone: JetBlue cuts more unprofitable routes, tweaks Europe flights (CNBC)

Ouch: G.M.’s Ailing China Business Will Deal It a $5 Billion Blow (New York Times)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}