Master Yoda shares his witty commentary on the recent developments in the financial world, blending it with quotes and humor from the Star Wars universe.
Master Yoda shares his witty commentary on the recent developments in the financial world, blending it with quotes and humor from the Star Wars universe.

Cloudflare's Power Surges Like the Force

Cloudflare a cloud software company experienced significant growth in revenues much like the Force flowing through a Jedi. Revenues grew by 32% in the three months marking their largest gain since 2012. The stock surged around 23% in Friday's session. "This a reacceleration of earnings," Jim Cramer said. "They got some very big contracts including the Department of Commerce. They are doing far more cybersecurity work and that's really what their bailiwick is. It's working." Cloudflare's success is stronger than the Force!

Coinbase's Bitcoin Resurrection

Coinbase Global the cryptocurrency trading platform saw its shares rise by more than 6% as bitcoin prices topped $47,000. Like a fallen Jedi emerging from the darkness Bitcoin had a dramatic downfall and is now resurrecting itself. "They all trade together," Jim said referring to crypto related equities and digital currencies. May the force be with them in their trading endeavors!

PepsiCo Loses Its Fizz

PepsiCo the soda and snack maker faced a challenge as its fourth quarter sales fell on a year over year basis. Consumption habits have shifted away from the home which has hurt Pepsi's business. "Going back to the office has really hurt" Pepsi Jim said as individuals opt for more on the go situations. Pepsi may not have the force behind it at the moment but it's still a really good company!

Affirm Holdings Takes a Tumble

Despite Affirm Holdings the buy now pay later company issuing better than expected quarterly earnings and revenue its shares tumbled more than 8%. It seems the long knives are out for Max Levchin Affirm's CEO and co founder. "He did all the numbers and then some." Even with the force on their side the market can be a treacherous path.


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