Schwab Network

Nano Caps, Rates & Trump: Preparing for the 2025 IPO Market

11 Dec 2024

Contributed by Lukas

Matthew Michel expects to see a "continuation of the trend" for IPOs that we saw in 2024. While Matthew isn't bracing for a return to "animal spirits,...

December Cut “Guaranteed,” 3 Rate Cuts in 1H25

11 Dec 2024

Contributed by Lukas

“The Fed is now guaranteed to cut rates next week,” Andrew Brenner says, calling it a “hawkish ease.” He expects rates to be around 3.5% by th...

ETFs Allowing Big Tech and Small Cap Exposure with Minimal Risk

11 Dec 2024

Contributed by Lukas

Tim Urbanowicz of Innovation ETFs expects Big Tech to continue its upside trend into 2025, with caution in mind. He says any disruption to the market ...

TSLA Steers Toward All-Time High Off Price Target Hikes

11 Dec 2024

Contributed by Lukas

Tesla (TSLA) is now trading at levels it hasn't seen since January 2021, just shy of its all-time high. A pair of analysts bumping up their price targ...

ADBE Needs A.I. Focus to Become 2025 "Outperformer"

11 Dec 2024

Contributed by Lukas

Adobe (ADBE) had a rocky 2024 after being pinned by competitive pressures and squeezed margins. However, Adam Coons believes the stock "looks attracti...

Macy's (M) Plunges Off Delayed Earnings, Homebuilder Downgrades

11 Dec 2024

Contributed by Lukas

Barclays downgraded four homebuilding companies over concerns the construction market could be hitting a new ceiling. Macy's (M) sold off after the co...

“New Normal” Coming in 2025

11 Dec 2024

Contributed by Lukas

Todd Walsh calls the run up in markets a “sugar high” from a business-friendly administration. Once the Inauguration is over, policy is uncertain,...

Market Breadth, CPI Build Bullish Momentum for SPX

11 Dec 2024

Contributed by Lukas

An in-line CPI print pushed markets to the upside, but Kevin Green warns there's still a "long way to go" in the session to maintain that economic pic...

Market Reaction to CPI: Rate Cut Looks Locked In

11 Dec 2024

Contributed by Lukas

Dan Deming looks at the market reaction to the CPI report and the high probability of a Fed December rate cut. He also covers Bitcoin reaching for the...

CPI In-Line, TSLA Price Target Hikes, Macy's Sinks

11 Dec 2024

Contributed by Lukas

Equity futures took November's in-line CPI report in stride, reversing yesterday's losses. Jenny Horne details the inflation data print and what it co...

Gold Sending a Message, Silver Silent

11 Dec 2024

Contributed by Lukas

Bill Baruch says CPI no longer has the impact on markets it did a few years ago, though he thinks the sell-off into the numbers could be setting up a ...

Stock Market Morning Minute, Wednesday, December 11: GM, MU, GOOGL

11 Dec 2024

Contributed by Lukas

General Motors (GM) abandons its driverless ride-hailing service, Micron (MU) finalizes a subsidy with the U.S., and Alphabet (GOOGL) continues to ral...

Stock Market Today: GOOGL's Quantum Leap, MDB's Rally & Sell-Off, WBA Selling Itself

10 Dec 2024

Contributed by Lukas

Markets closed down on what became a sluggish trading day that tacked onto Monday's losses. One stock that broke out was Alphabet (GOOGL) after unveil...

Overlooked Stock: VMEO

10 Dec 2024

Contributed by Lukas

Vimeo (VMEO) climbed to its highest point of the year after getting an upgrade from Piper Sandler. George Tsilis talks about what makes the video soft...

CPI Expected to Warm But Shouldn't Stop Powell

10 Dec 2024

Contributed by Lukas

Markets are leaving some room open to the possibility of no Fed cut in December, but it'll likely take a super-hot CPI tomorrow to make that happen, s...

What CPI Data Will Determine for Fed's Rate Cut Path

10 Dec 2024

Contributed by Lukas

Charles Schwab's Collin Martin will keep an eye on yields once Wednesday's CPI data hits the market. He says a hot number can tick yields higher. When...

"Lots of Action" Expected for IPOs, M&A Under Trump

10 Dec 2024

Contributed by Lukas

"It's almost impossible to get any deal of note," says Max Cabasso when referring to the spree of blocked mergers under the Biden administration. He a...

SPX Slips and VIX Ticks Ahead of CPI Print

10 Dec 2024

Contributed by Lukas

The SPX broke down, re-entering a range Kevin Green says you don't want to see. He compares the S&P 500 Equal Weight (SPXEW) to the SPX to see how...

Veon (VEON) CEO on A.I., International Growth & Multi-Sector Business

10 Dec 2024

Contributed by Lukas

Kaan Terzioglu, CEO of Veon, discusses its international businesses across telecom, entertainment, health care, and financial services in “underserv...

Market Growth Concerns for 2025 & Beyond

10 Dec 2024

Contributed by Lukas

“I have my fair share of concerns for next year,” but right now the picture is strong, says Ed Clissold. He discusses the outlook for earnings nex...

Technical Tuesday: SPX, GM, TMDX

10 Dec 2024

Contributed by Lukas

Kevin Horner rejoins Technical Tuesday to point out a short-term support level around $6K in the S&P 500. He also breaks down the charts for Gener...

Tax Planning Options Before New Year’s

10 Dec 2024

Contributed by Lukas

Dr. Preston D. Cherry says investors shouldn’t worry as much about capital gains taxes but enjoy their wins. He talks about strategies like Roth IRA...

AutoZone (AZO) Hits All-Time High After Earnings Miss

10 Dec 2024

Contributed by Lukas

AutoZone (AZO) is hitting all-time highs despite an earnings miss. Seth Basham and Kevin Roberts discuss the results. Seth calls the quarter “ho-hum...

2025 Investing Strategies for Tech, Dividend & "Value" Companies

10 Dec 2024

Contributed by Lukas

Michael Bapis notes inflation prints can change market trajectory but believes economic data we've seen is enough to maintain trading strength. He exp...

SQ Weakness in Cash App, PYPL "Surprising" Holiday Winner

10 Dec 2024

Contributed by Lukas

Block's (SQ) stock is up more than 70% compared to where it was last year. Megan Brantley with LikeFolio credits positive headlines and holiday shoppi...

GOOGL's Quantum Chip Ignites $100B+ Market Cap Move

10 Dec 2024

Contributed by Lukas

Alphabet (GOOGL) takes the quantum leap. The company unveiled its 'Willow' quantum chip, which it says can perform computing problems trillions of tim...

ORCL "Still is Back" After Earnings Plunge

10 Dec 2024

Contributed by Lukas

Oracle (ORCL) was "teed up to have a perfect quarter," according to Derrick Wood. He argues potential headwinds in its guidance sparked the sell-off. ...

AI CEO on "Huge" MSFT Partnership & A.I. Demand

10 Dec 2024

Contributed by Lukas

Tom Siebel, CEO of C3 AI (AI), talks about the direction the company is heading after reporting an earnings beat. The company's strategic alliance wit...

The Big 3: GOOGL, AVGO, MSFT

10 Dec 2024

Contributed by Lukas

It's a day for tech in today's Big 3 as Joe Tigay looks into names he believes will lead in A.I.'s continued dominance. He explains the bullish indica...

Bullish on 2025 Despite Inflation Woes as NVDA Remains Top Pick

10 Dec 2024

Contributed by Lukas

Arup Datta is positive on U.S. markets but is concerned about inflation. He thinks the Fed should continue to cut rates. His picks include Nvidia (NVD...

NVDA, Regional Banks & Bitcoin "Core Holdings," Most Other Crypto a "Casino"

10 Dec 2024

Contributed by Lukas

James Thorne makes his bull stance very clear on Bitcoin: "we're in the very, very early innings" of the crypto age. He expects the Trump administrati...

Why CFRA Expects Banks to Outperform in 2025

10 Dec 2024

Contributed by Lukas

Kenneth Leon with CFRA believes U.S. bank stocks will outperform in the S&P 500 next year. He says revenue and EPS consensus estimates, paired wit...

MDB Surges & Sinks, AI Down Despite Earnings & MSFT Alliance, NCLH Upgrade

10 Dec 2024

Contributed by Lukas

MongoDB (MDB) initially popped on earnings but later sold off. Alex Coffey attributes the move from its shift in leadership overshadowing the financia...

GOOGL Boosting Tech Enthusiasm, Will SPX Catch Bounce?

10 Dec 2024

Contributed by Lukas

Alphabet's (GOOGL) quantum computing developments sparked trading to the upside for the stock and other tech companies. Kevin Green says it can lead r...

Could We Flip to Rate Hikes in 2025?

10 Dec 2024

Contributed by Lukas

“I’m a little concerned” that the market could begin pricing in rate hikes instead of rate cuts, says Jeffrey Kleintop. He charts the outlook fo...

Gold Demand Up in China & Russia

10 Dec 2024

Contributed by Lukas

Fritz Folts thinks the market will continue to rally through the end of the year. Looking at gold, he notes that China and Russia are both buying the ...

Fed Wants to be Done with Rates in 2025

10 Dec 2024

Contributed by Lukas

“The progress on inflation has really stalled out,” says Greg McBride, though he notes that much of it is attributable to shelter costs. He covers...

Morning Minute: ORCL, TOL, TSLA

10 Dec 2024

Contributed by Lukas

Oracle (ORCL) falls after an earnings miss, Toll Brothers (TOL) slides after better-than-expected 4Q results, and Tesla (TSLA) gets a bullish analyst ...

Gamma On EP5: Market Makers – Gods or Men? With Noel Smith

10 Dec 2024

Contributed by Lukas

Convex's Noel Smith joins Oliver Renick and Kevin Green for a deep dive into his experience using Gamma to develop options strategies, his daily tradi...

Stock Market Today: ORCL Disappoints, NVDA Anti-Monopoly Probe, SMCI Filing Extension

09 Dec 2024

Contributed by Lukas

Stocks sold off to start the week with tech seeing the biggest cuts. Nvidia (NVDA) led that slide to the downside after the Chinese government issued ...

Crypto Chop Could Lead Stocks; MSTR, BTC RSI Analysis

09 Dec 2024

Contributed by Lukas

When markets are as hot as they've been, crypto prices are at their peak utility for gauging risk-taking appetite across asset classes, says OJ Renick...

Overlooked Stock: REAL

09 Dec 2024

Contributed by Lukas

RealReal Inc. (REAL) rallied close to 40% after getting an upgrade and price target hike from Wells Fargo. George Tsilis talks about what makes the re...

EARNINGS ALERT: ORCL, MDB

09 Dec 2024

Contributed by Lukas

The latest earnings reports for Oracle (ORCL) and MongoDB (MDB) present a mixed picture for cloud software stocks. Nicole Petallides, Kevin Green and ...

Does Bull Case Hinge Too Much on Policy & Mag 7?

09 Dec 2024

Contributed by Lukas

Charles Schwab's Joe Mazzola discusses the drivers behind today's market sell-off. Nvidia (NVDA) swerved markets to the downside due to a Chinese anti...

MSTR Too High, Bitcoin Could go Either Way

09 Dec 2024

Contributed by Lukas

Charles Moon says there will either be a spark towards $150K or a dramatic pullback in Bitcoin depending on what comes out of the Trump administration...

"Healthy" Sell-Off in SPX Ahead of Inflation Prints

09 Dec 2024

Contributed by Lukas

A pullback in the market is something Kevin Green isn't concerned about. He explains what makes today's price action "healthy" and how it affects the ...

Bitcoin, ETFs & Meme Tokens: Making Investments in Crypto

09 Dec 2024

Contributed by Lukas

Dan Novaes takes a macro view of the cryptocurrency market. He anticipates Bitcoin to become a $10 trillion asset class with the incoming administrati...

TDG a PLTR Alternative, DECK Top Retail Pick

09 Dec 2024

Contributed by Lukas

Lee Munson stands by Deckers (DECK) as one of his top picks in the market. With its Hoka and UGG brands, Lee believes the stock will drive momentum in...

Consumer Strength Masks Pockets of Weakness

09 Dec 2024

Contributed by Lukas

John Petrides sees value in the health care sector, particularly in med tech, and big names doing international business. He overviews commodities and...

Breaking Down November STAX Report

09 Dec 2024

Contributed by Lukas

Joe Mazzola breaks down Schwab’s November STAX report, noting that there were inflows into ETFs and traders took gains. “Diversification was one o...

'Dr. Doom' Nouriel Roubini on deficits, Bitcoin, DOGE and A.I.

09 Dec 2024

Contributed by Lukas

'Dr. Doom' Nouriel Roubini joins Market Overtime to discuss why inflation will remain stubborn, interest rates will stay elevated, and why drastic cut...

$150K Bitcoin & $5K Ethereum Bull Case, 2025 Crypto's Breakout Year

09 Dec 2024

Contributed by Lukas

Bitcoin retreated back under $100,000, but Jack Lu expects the incoming Trump administration will pave a bullish path for Bitcoin. Steve Larsen says n...

Real Estate Booming Despite Prices, Rates High

09 Dec 2024

Contributed by Lukas

Dolly Lenz & Jenny Lenz say they’re seeing a “Trump bump” in real estate, emphasizing that the sector is about confidence. They’re seeing ...

U.S. Large-Caps “Number 1 Play”

09 Dec 2024

Contributed by Lukas

Mike Horwath is looking forward to a Santa Claus rally, citing a strong earnings backdrop, an expected pro-growth administration, and good profit marg...

RDDT's Exponential Potential in Ads & A.I.

09 Dec 2024

Contributed by Lukas

Data from LikeFolio's Andy Swan shows Reddit (RDDT) thwarts competitors when it comes to ad growth. The company's extended A.I. usage helped fuel prof...

Options Trades in NVDA and SMCI

09 Dec 2024

Contributed by Lukas

Nvidia (NVDA) shares are under pressure following news of a possible anti-monopoly investigation out of China. Meanwhile, Supermicro (SMCI) gets an ex...

NVDA Among 5 Stocks Outperforming Bitcoin & Reasons to Stay Bullish

09 Dec 2024

Contributed by Lukas

Bitcoin more than doubled its value in 2024, but Investopedia's Caleb Silver argues there's five stocks outperforming the cryptocurrency. Nvidia (NVDA...

CRM & PLTR "Killing It" in S&P 493, AMZN & TSLA Mag 7 Favorites

09 Dec 2024

Contributed by Lukas

Andrew Graham says the growth gap between the Mag 7 and the rest of the S&P 500 has narrowed. However, he notes Amazon (AMZN) and Tesla (TSLA) as ...

The Big 3: MSTR, NXPI, CVX

09 Dec 2024

Contributed by Lukas

Mike Shorr with Prosper Trading Academy turns to A.I., crypto and energy trades in today's Big 3. He discusses what investors should watch with Micros...

U.S. the Place to Be Despite Slowing Growth

09 Dec 2024

Contributed by Lukas

“U.S. growth is unlikely to move higher from here,” says Luca Paolini, but still thinks the U.S. market is the place to be. He likes the financial...

What ORCL Has that AMZN & GOOGL Don't in A.I. Evolution

09 Dec 2024

Contributed by Lukas

Oracle (ORCL) reports earnings after the closing bell, and Cory Johnson believes the company is poised for success. He points to the company's plan wi...

"Gotta Own" NVDA & AAPL, MSTR "A Force in and of Itself"

09 Dec 2024

Contributed by Lukas

Matt Tuttle stays bullish on the crypto trade. He expects Bitcoin to continue its dominance into 2025, with Microstrategy (MSTR) to win big due to its...

Santa Claus Rally Coming; 3 Rate Cuts Next Year

09 Dec 2024

Contributed by Lukas

Mike Dickson expects a December rate cut of 25-basis points, but projects only 3 cuts next year. He discusses potential opportunities in the market, e...

Measuring A.I. with SPX & SOX, Selling Signals to Watch

09 Dec 2024

Contributed by Lukas

The SPX continues to hover near the 6,100 level, and Kevin Green says positive open interest shows good outlook for buy action. However, other indicat...

TSLA's "Monster" Technical Move, AMD Downgrade, RDDT Upgrade

09 Dec 2024

Contributed by Lukas

Tesla (TSLA) continues its race to break a new all-time high with the stock now 15% higher so far in December. Alex Coffey looks into the stock's trad...

‘Historical’ Cheapness in S&P 500 Protection

09 Dec 2024

Contributed by Lukas

Scott Bauer discusses the historical cheapness of S&P 500 protection strategies. He looks at crude oil, bitcoin, and dollar prices into the end of...

‘80% of Americans’ Priced Out of Housing Market

09 Dec 2024

Contributed by Lukas

“80% of Americans are not able to buy a home” because of high interest rates, says Alex Barron. He notes that private builders are struggling righ...

Stock Market Morning Minute: AMD, RDDT, China Stocks

09 Dec 2024

Contributed by Lukas

AMD begins the week with a downgrade, Reddit (RDDT) is trending after an analyst upgrade and China stocks are catching attention after further governm...

Stock Market This Week: PLTR All-Time High Rally, LULU Soars, Software Beats

06 Dec 2024

Contributed by Lukas

The SPX, NDX and $DJI all tapped new highs during the week as markets rally toward the end of the year. Palantir (PLTR) beat its own record thanks to ...

Another Banner Week for Bulls as Cloud Stocks Ramp

06 Dec 2024

Contributed by Lukas

It was another banner week for bulls as cloud stocks ramped on earnings and bitcoin broke $100,000 -- OJ Renick closes out with a few key charts. ===...

Overlooked Stocks: ACHR & JOBY

06 Dec 2024

Contributed by Lukas

George Tsilis turns to companies with their eyes on the sky. Archer Aviation (ACHR) and Joby Aviation (JOBY) are both trading near their year-highs on...

Opportunities in European Turmoil

06 Dec 2024

Contributed by Lukas

Michelle Gibley reviews the week, looking at governmental turmoil in France and Germany and how that impacts Europe’s financial decisions. She talks...

TSLA Rips Near $400 at Week's Closing Bell

06 Dec 2024

Contributed by Lukas

Tesla (TSLA) rallies big in the final minutes of the trading week. Oliver Renick, Kevin Green and Joe Mazzola provide immediate reaction to the market...

AMZN Will Have "Really Nice Holiday Season"

06 Dec 2024

Contributed by Lukas

As Amazon (AMZN) hits new highs, LikeFolio's Megan Brantley is bullish those highs will grow. She says the Mag 7 giant's massive market share in ecomm...

Bitcoin Closes Above $100K, $125K to $150K Next Milestone

06 Dec 2024

Contributed by Lukas

Phil Streible takes a deep dive into commodities before the week closes out. He urges investors to keep an eye on crude oil as it still trades below $...

SPX Scratches 6100, TSLA Gamma Squeeze Tests Upside

06 Dec 2024

Contributed by Lukas

Kevin Green shows how compression gripped the SPX, but Tesla (TSLA) has potential to push the index through resistance. Turning to next week, Kevin ta...

What UBER Needs in Autonomous "Wild West"

06 Dec 2024

Contributed by Lukas

Waymo is moving into Miami, but Mark Mahaney doesn't expect it to be a death knell for Uber Technologies (UBER). He argues the rideshare has time to a...

Charting S&P 500 Free Cash Flow & Valuations

06 Dec 2024

Contributed by Lukas

“Any time you have prices this high, what is the central myth that’s driving it?” Chris Recker thinks it’s the tech story. He talks about mark...

Employment Report Doesn’t Show Existing Stagnation

06 Dec 2024

Contributed by Lukas

“We’re seeing existing employees stay where they are,” and difficulty for job seekers and temporary workers to find employment says Stephen C. D...

Gold Targeting $3K-$3.2K in 2025 as Central Banks Keep Buying

06 Dec 2024

Contributed by Lukas

David McAlvany targets $3,000-$3,250 for gold prices as the metal makes new highs. He says October set a record for central banks buying gold, and he ...

Lower Taxes, Deregulation & DOGE: "Why Can't Markets Continue Up?"

06 Dec 2024

Contributed by Lukas

Ty J. Young is bullish heading into the end of the year and 2025. He expects lower taxes and deregulation under the incoming Trump administration, and...

Bowlero (BOWL) President on LUCK Rebrand, Expansion Plans

06 Dec 2024

Contributed by Lukas

Lev Ekster, President of Bowlero (BOWL), discusses its upcoming rebrand to Lucky Strike Entertainment (LUCK). This reflects “our aspiration to be a ...

Ulta Soars After Earnings: Retail Bounces Back

06 Dec 2024

Contributed by Lukas

Ulta Beauty (ULTA) soars after releasing its earnings report. Sucharita Kodali and Alexis Browne Roberts break down the quarter. Sucharita highlights ...

360 Spotlight: U.S. Jobs Market

06 Dec 2024

Contributed by Lukas

Joe Brusuelas breaks down the November Jobs report, focusing on wages and on people who still have difficulty finding employment. He discusses “tech...

The Big 3: AVGO, PYPL, AMZN

06 Dec 2024

Contributed by Lukas

Joe Tigay weighs the bullish to bearish aspects of today's Big 3 in Broadcom (AVGO), Paypal (PYPL) and Amazon (AMZN). Rick Ducat breaks down the techn...

AMZN & AAPL "Santa Claus Rally" Recipients, 25BPS Cut Priced In

06 Dec 2024

Contributed by Lukas

Amazon (AMZN) and Apple (AAPL) continue to hit all-time highs, and Jonathan D. Corpina says both companies will win big this holiday season. He projec...

Gambling Market Picks: WYNN, DKNG

06 Dec 2024

Contributed by Lukas

Zach Warring has a strong Buy on Wynn Resorts (WYNN), a Buy on Penn Entertainment (PENN), and a Hold rating on MGM Resorts (MGM) and Las Vegas Sands (...

PLTR Rips to All-Time High with BAH Military Partnership

06 Dec 2024

Contributed by Lukas

Palantir (PLTR), the stock that keeps rallying, hits yet another new all-time high after announcing its partnership with Booz Allen Hamilton (BAH). Bo...

TSLA's China Connection Critical for FSD & Cybercab

06 Dec 2024

Contributed by Lukas

Anthony Sassine says "it's gonna be good" for Tesla (TSLA) with Elon Musk's White House connection. He believes Elon will serve as a link between pres...

RBRK All-Time High, DOCU 2-Year High, HPE & GTLB Rally

06 Dec 2024

Contributed by Lukas

It's a green morning on Wall Street. Rubrik (RBRK) surged to an all-time high after posting an earnings beat and guidance raise. It's the latest cyber...

Bulls Charge Toward 6100 With Banks in Focus

06 Dec 2024

Contributed by Lukas

A bullish start to the day could push the SPX toward the 6,100 level, according to Kevin Green. He also points to the financial sector as one to watch...

November Jobs: Government Still Hiring, Tech Expansion, Retail Weakness

06 Dec 2024

Contributed by Lukas

Evan Sohn breaks down the November Jobs report, noting that government jobs are still going strong despite the incoming DOGE department vowing to slas...

Bitcoin Back Below $100K, Gold a "Non-Trade," Crude Oil's Floor

06 Dec 2024

Contributed by Lukas

Prosper Trading Academy's Mike Shorr notes signs of strength in the November jobs report. He doesn't see that same strength in Gold, calling it a "non...

U.S. Adds 227K Jobs, Unemployment Rate Rises

06 Dec 2024

Contributed by Lukas

The November Jobs report confirms that the U.S. economy continues to show strength, with over 200K jobs added. The unemployment rate stayed above 4% f...

Job Market Still Strong, Wages Need to Rise

06 Dec 2024

Contributed by Lukas

Jordan Shapiro expects a strong November jobs report as he continues to see a great labor market, particularly for higher-skilled workers. He focuses ...

2025 Housing Market: Demand Trumps Affordability

06 Dec 2024

Contributed by Lukas

Kevin Ryan looks at the housing market, saying despite headwinds like rates and affordability, the fundamental demand picture will cause a pickup in 2...

Stock Market Morning Minute, Friday, Dec. 6: LULU, DOCU, ULTA

06 Dec 2024

Contributed by Lukas

Lululemon (LULU) shares are on the rise after a strong earnings report and optimistic holiday outlook, DocuSign (DOCU) rallies after 11% growth in new...

Stock Market Today: TSLA Cybercab Rally, UBER & LYFT's Waymo Woes, LULU Soars

05 Dec 2024

Contributed by Lukas

Markets closed down despite the SPX and NDX tapping new all-time highs earlier in the day. Tesla (TSLA) led the Mag 7 after an engineer said the compa...

MSTR Leading Bitcoin Price Action Not Ideal for Bulls

05 Dec 2024

Contributed by Lukas

$MSTR's leverage presents downside tail-risk that exceeds even $BTC's legendary risk premium, says OJ Renick, so the stock may lead crypto prices in n...

EARNINGS ALERT: PATH

05 Dec 2024

Contributed by Lukas

UiPath (PATH) ticked higher after reporting an earnings beat after markets closed. The company more than doubled its year-over-year dollar-based net r...