May 2, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

AI Road Kill Ahead

Please click here for a chart of Chegg stock (CHGG)

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of CHGG is being used to illustrate the point.
• The chart shows when Chegg reported earnings. Earnings were good.  Based on the earnings and the positioning, the stock should have gone up.
• The chart shows that instead of going up, the stock has fallen by about 46%.
• Chegg is an edtech company that helps students with homework.