Despite the Nasdaq 100’s impressive nearly 20% year-to-date gain, several components have dramatically underperformed, creating potential deep-value opportunities for discerning investors. Two notable laggards—Lululemon and Adobe—present compelling cases for bottom-fishing despite facing significant headwinds, trading at valuations that may already reflect worst-case scenarios in an otherwise expensive market.
about Nasdaq 100 Bargains: 2 Undervalued Stocks to WatchLululemon Athletica Inc.
0 in Finance and 0 in Crypto last weekKey Market Updates: Moderna Sales Cut and Retailer Guidance Adjustments
Moderna has reduced its 2025 sales forecast by about $1 billion, now expecting $1.5 billion to $2.5 billion, leading to a 17% drop in its shares. Meanwhile, IAC is spinning off Angi and will operate without a new CEO, while several retailers, including Lululemon and American Eagle, raised holiday quarter guidance but faced stock declines amid investor skepticism. Additionally, the Justice Department released a report from special counsel Jack Smith regarding President-elect Trump’s actions to overturn the 2020 election, stating a jury would have convicted him if not for his election.
about Key Market Updates: Moderna Sales Cut and Retailer Guidance AdjustmentsBlock aims for S&P 500 inclusion as first Bitcoin treasury firm
Block, founded by Jack Dorsey, is on track to become the first Bitcoin treasury firm to enter the S&P 500 after meeting the necessary criteria, including a market cap exceeding $18 billion and positive earnings. The decision for inclusion ultimately lies with the S&P Index Committee, which considers various qualitative factors. Currently, Block holds 8,211 BTC valued at over $770 million, reinforcing its commitment to Bitcoin as central to its mission.
about Block aims for S&P 500 inclusion as first Bitcoin treasury firm