![]() ![]() As such, investors should stay focused on the best blue chip stocks that are poised to weather the storm – and what better place to start than with the best blue chip dividend stocks? This short list of high-quality names can deliver both income and outperformance in a turbulent market. Following the earnings report the stock price went down -17.048. With inflation data due out next week, and the next Fed meeting scheduled for the end of this month, the potential for volatility is high. What happened to Snap’s price movement after its last earnings report Snap reported an EPS of -0.21 in its last earnings report, beating expectations of -0.225. "This week will likely deliver a make-or-break moment for risk appetite as we will hear Fed Chair Powell's testimony to Congress and find out if the hot January jobs report was an aberration," says Edward Moya, senior market strategist at currency data provider OANDA. Specifically, the February jobs report will be released ahead of Friday's open. Economic data has come in relatively strong recently, and the next big data point is due out at the end of this week. So far 244,825 shares have traded compared to average volume of 28,805,329 shares. The stock has traded between 10.64 and 10.87 so far today. Fed Chair Jerome Powell is set to kick off his two-day congressional testimony tomorrow, with investors anxious for more clarity on the central bank's future plans for interest rates. Snap Inc (SNAP) stock is trading at 10.86 as of 9:44 AM on Friday, Apr 14, a gain of 0.12, or 1.12 from the previous closing price of 10.74. The stock demonstrated a mixed performance when compared to some of its competitors Friday. The rest of the week will draw more economic headlines. closed 8.74 short of its 52-week high (289.47), which the company achieved on June 30th. "Apple's installed base growth, secular growth in services, and new product innovation should more than offset cyclical headwinds to product revenue, such as a reduced iPhone unit demand due to a lengthening replacement cycle and reduced consumer demand for the PC & tablet category," Ng wrote in a note to clients. Elsewhere, Apple ( AAPL, +1.9%) was one of the best Dow stocks today – second only to healthcare giant Merck ( MRK, +3.9%) – after Goldman Sachs analyst Michael Ng initiated coverage on the iPhone maker with a Buy rating. ![]()
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