Biopharma Enterprise Sees 50% Gains

Good Afternoon! 

Hey, everyone. It's Adam from Elite Trade Club. 

Here’s what moved the market today.

Markets 📈

U.S. indexes can’t seem to decide which direction to go today, resulting in a mix of rises and falls. Of the winners, the Nasdaq Composite gained the most ground, jumping 145 points on the day.

Clean Energy

This Clean Energy Stock Could Take Off

A newly public NASDAQ company is catching the eye of investors by tackling a massive waste issue—and turning it into profit.

This small-cap stock is leading an innovative solution in clean energy, converting millions of tons of waste shingles into valuable oil and sustainable resources.

With its unique technology and plans to scale operations, analysts are beginning to see serious growth potential.

As regulations favor green solutions, this stock might just be at the starting line of a high-reward journey in the renewable energy sector.

Click here to see why investors are watching closely!

Market-Moving News 📈

PayPal Shifts Focus to Profit-Boosting Strategies Amid Competitive Pressures

PayPal has forecasted lower revenue growth for the fourth quarter as it emphasizes profitability over aggressive expansion. Under recent strategic adjustments, the company is pivoting to focus on higher-margin areas, streamlining its cost structure and intensifying automation efforts. This includes reduced emphasis on low-margin operations, such as Braintree, and a stronger focus on core offerings like branded checkout.

In Q3, PayPal reported a revenue increase but fell slightly short of market estimates. Despite this, favorable consumer spending trends allowed PayPal to revise its profit outlook for 2024, anticipating a notable year-over-year growth in earnings. Adjusted profit for the recent quarter also saw a healthy uptick.

To strengthen its position amid rising competition from players like Zelle, Apple, and Alphabet, PayPal has deepened partnerships with prominent retail and payment firms, and its recently introduced Fastlane checkout option has contributed positively to market performance. However, analysts note that these new initiatives may need time to fully impact PayPal's growth trajectory.

With expanding margins, PayPal is closely watched by investors focused on the company’s longer-term sustainability as it continues to evolve within the dynamic payments industry.

Oracle Unveils AI-Powered Health Record to Streamline Patient Care

Oracle has introduced a cutting-edge electronic health record (EHR) system designed to transform clinician workflows through advanced cloud and AI technologies. This latest product, developed since Oracle acquired the health records provider Cerner, presents a streamlined, voice-activated interface. The EHR eliminates traditional drop-downs and menus, allowing healthcare providers to access critical patient information quickly by simply asking questions aloud. Oracle aims to free up more clinician time for patient care by reducing time spent navigating records.

This new EHR’s features include a search bar with voice-recognition capabilities, offering doctors swift answers to questions about patient histories, medications, appointments, and more. With an AI-driven structure, it learns the preferences of each user, assisting doctors more intuitively as they manage patient records. It also includes Oracle's Clinical Digital Assistant, an app-based tool that automatically creates clinical notes from recorded patient visits, saving doctors time on documentation.

Oracle’s latest health solution marks a significant step in its strategy to compete in the competitive EHR market. Despite recent challenges, the tech company hopes this innovation will strengthen its position among healthcare providers while enhancing operational efficiency in hospitals and clinics.

Lucid’s Gravity SUV Set to Drive New Growth in Luxury EV Market

Lucid Group is gearing up for a major sales push with the release of its second vehicle, the Gravity SUV, as it seeks to strengthen its market position and improve its financial outlook. Following the initial release of its luxury Air sedan, which saw limited sales since its 2021 debut, Lucid aims to expand its customer base significantly with this new model.

The Gravity SUV, expected to attract greater demand than the Air, will be available for pre-order starting November 7, with the first model, the Gravity Grand Touring, priced at just under $95,000. A more affordable version, the Gravity Touring, is anticipated for release late next year. Lucid expects strong initial demand for the Gravity SUV and is preparing its Arizona plant to scale production accordingly.

Although production is scheduled to begin this year, final testing and certifications are still pending, and Lucid has not provided an exact delivery timeline for customers. Amid a challenging market, Lucid’s stock has faced recent declines, reflecting broader concerns in the EV sector. However, the company remains optimistic that the Gravity’s robust performance specs, including over 800 horsepower and an impressive electric range, will attract a new wave of buyers and bolster its growth strategy.

Energy

This $54,000 Rock Could Be the Next Energy Breakthrough

This Canadian miner has found something extraordinary: high-grade boulders valued at up to $54,000 each, containing a super-rich fuel source—8x the global average.

Positioned in a booming AI-driven energy market, this tiny company is quickly setting the stage to become a major supplier of advanced power solutions.

With energy needs soaring worldwide, this discovery could transform the industry and elevate this company to the forefront of AI energy tech.

[Take a closer look before Wall Street catches on!]

GeneDx Holdings Corp [WGS] $84.02 (+49.88%)

GeneDx Holdings Corp stock skyrocketed after announcing positive results for its Q4 financials.

Innovative Eyewear Inc [LUCY] $8.08 (+35.12%)

Innovative Eyewear grew after launching the first ANSI-certified smart safety glasses for all-day wear.

VF Corp [VFC] $21.63 (+27.01%)

VF Corp ended its share slump after posting a favorable second-quarter earnings report.

TransMedics Group [TMDX] $88.50 (-29.90%)

TransMedics Group posted lower revenue numbers than its previous quarter, causing investor pullback.

CVR Energy Inc [CVI] $18.06 (-24.18%)

CVR Energy reported losses for Q3, causing shares to tumble today.

Crocs Inc [CROX] $111.58 (-19.17%)

Crocs stock fell today despite respectable revenue and earnings numbers due to concerns about the company’s long-term approach to its niche.

Green Energy

An Overlooked NASDAQ Stock Tapping into a $25B Green Energy Market

Imagine investing in a company that turns waste into a valuable resource—and it just went public on NASDAQ. 

This innovative small-cap stock is leading the charge in renewable energy, transforming discarded roof shingles into sustainable oil.

Millions of tons of shingle waste is piling up yearly and this company’s technology could position it for explosive growth in an untapped $25 billion market. 

With state and federal regulations prioritizing green solutions, this stock could be poised for significant returns as it pioneers waste-to-energy innovation.

Click here to learn how this under-the-radar stock could be a game-changer in clean energy!

That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!

Thanks for reading. I'll see you at the next open! 

Best Regards,
— Adam G.
Elite Trade Club

Click here to get our daily newsletter straight to your cell for free.

P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP.