The Zacks Analyst Blog Highlights AppLovin, Skyworks Solutions, Carvana and MercadoLibre

For Immediate ReleaseChicago, IL – May 8, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: AppLovin APP, Skyworks Solutions SWKS, Carvana CVNA and MercadoLibre MELI.Here are highlights from Wednesday’s Analyst Blog:Fed Keeps Rates Unchanged at 4.25-4.50%, Markets Move HigherMarkets closed in the green today, not far off as of the closing bell where the major indexes were at the opening bell. Which is somewhat ironic, as markets went on a roller-coaster ride of volatility during Fed Chair Jerome Powell's press conference following the latest Federal Open Market Committee (FOMC) meeting. The Dow grew +284 points today, +0.70%. The S&P 500 and Nasdaq reached +0.43% and +0.27%, respectively. And the small-cap Russell 2000 gained +0.33%.Fed Keeps Interest Rate Levels SteadyThe Fed, as expected, kept interest rates between 4.25-4.50% today — the third straight session without making a move. It was a unanimous vote among all members, who said in the press release that both aspects of its dual mandate — lower inflation and full employment — have seen their risks increase.In Powell's presser afterwards, the Fed Chair was unwilling to step out on any limbs; while inflation is still running slightly higher than ideal levels and the labor force remains near maximum employment, there was no hard data Powell could point to to substantiate any policy changes at this point. He did mention having concerns over current trade policy, but without knowing when or if new trade deals start happening — and to what extent they do — all he could really say is that there is a "great deal of uncertainty."Nor would the Fed Chair determine for reporters which side of its dual mandate might need to be addressed first. He couldn't say how high unemployment levels must go to warrant a move on rates. Powell mentioned that, while concerns about global trade tariffs are high, the "shock" of tariff policy hasn't hit yet. "People feel stress," he said, but economic metrics are still "in solid shape."About the only thing Powell was firm about today was that the opinion of the president has no bearing on Fed decisions. This is also not the meeting where new SEP will be forthcoming. The Fed will construct new projections for rate move at its June meeting on June 18th. It's not ruled out that a rate move might be in the works at that June meeting.Q1 Earnings Roundup: APP, SWKS, CVNA, MELIMobile tech platform AppLovin crushed Q1 expectations Wednesday afternoon, posting earnings of $1.67 per share. This is easily above the $1.45 in the Zacks consensus and a full dollar higher than the $0.67 per share posted in the year-ago quarter. Revenues of $1.48 billion surpassed the $1.38 billion analysts were expecting, and shares rose +18% in after hours, swinging to a positive year to date. The company announced the sale of its mobile gaming business, and has $836 million in free cash flow. (You can see the full Zacks Earnings Calendar here.)Skyworks Solutionsalso beat estimates on its top and bottom lines, albeit less impressively. Earnings of $1.24 per share were 4 cents higher than consensus, while $953 million in fiscal Q2 revenues outperformed the $951.3 million analysts were looking for. The company declared a dividend of 70 cents per share, but shares are still down -4% in late trading, adding to the -24% losses year to date.Zacks Rank #1 (Strong Buy)-rate Carvana posted a huge earnings beat — doubling expectations of 75 cents per share to $1.51 — while striding past revenues estimates, $4.23 billion versus $4.04 billion projected. The online used car retailer saw +46% year over year retail unit growth. Shares are trading nearly even with the close after taking an initial tumble on the news.MercadoLibre shares were up +8% in late trading on its Q1 earnings report after yesterday's close, where revenues of $5.9 billion swept past the $5.53 billion expected and Gross Merchandise Value (GMV) rose +17% year over year to $13.3 billion. Strength in Argentina has propelled the company in the quarter.Questions or comments about this article and/or author? Click here>>Why Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.Today you can access their live picks without cost or obligation.See Stocks Free >>Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.com                                      https://www.zacks.com                                                   Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Skyworks Solutions, Inc. (SWKS): Free Stock Analysis Report AppLovin Corporation (APP): Free Stock Analysis Report MercadoLibre, Inc. (MELI): Free Stock Analysis Report Carvana Co. (CVNA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks