💰Fastly: The Return is Here💰

The shares are of great interest as investors seem to be warming to the stock after it posted revenue that increased 23% compared to last year, which is ahead of estimate. While some customers avoided the platform after its network outage in the 2nd quarter, the matter was resolved.
It reported more customers coming back and that the company had invested more resilience into the platform. Pika World had a mini exposure to the counter.

⏳Albermarle: Good days seem here🔋

It is one of Pika World favourite industries, Lithium. While Pika World holds another counter, LAC, there is no doubt that Albermarle had a solid third-quarter result and increased its full-year guidance.

The stock had a firm-year. It had risen by about more than 77% on the year to date basis compared to Wednesday’s close, which is far better than the S&P 500, 24% level. Pika World is likely to maintain exposure to Lithium-related counters.

📚Coursera: Hit by poor industry sentiments📙

Although it had a better than expected result, the online education sector continued to seem depressed as it is hurt by the warning from Chegg, another online education platform that had updated investors that people are taking few courses and moving into the employment sector.

Both companies operate differently: Chegg provides support services for students enrolled in college, while Coursera focuses on career-oriented skills training. Nonetheless, the slowdown in the sector seems inevitable.

After all, employers increase salary compensation to attract and retain people to tap into higher pay gain.
Pika World is staying on the sideline for education sectors at the moment.

📺 Roku: Weak Showing 🖥

Yet another stay home favourite fell out of love as the earnings results disappoint investors given the weaker than expected outlook. The business involves selling devices and allowing customers to subscribe to streaming services.

While the company is optimistic about the business fundamentals, they are real challenges such as global supply chain issues that may impact their holiday seasons in multiple forms: pricing and availability. In addition, consumer confidence is also cited as a headwind, which Pika World believes is a concern if consumers pare down spending as stimulus paycheque effects wane further.

Guidance was the central issue of the disappointment. Roku expects revenue around $885 million to $900 million, which is a shortfall from estimates of $946 million.