Nvidia’s Earnings Are Approaching: Key Insights Wall Street Is Monitoring
Nvidia earnings are on deck. Here’s what Wall Street is watching for Expectations are high for Nvidia’s earnings. Nvidia is expected to report fiscal 2025 third-quarter results Wednesday after the close. Analysts see the darling chipmaker posting a profit of 75 cents per share on revenue of $33.16 billion, per LSEG. Both figures represent more […]
One Week Later: Trump Trades See Momentum Gains and Declines
One week later – Some Trump trades gain momentum and some are fading It’s a good time to check in on how the ‘Trump trade’ is doing. The stock market rallied to fresh records after Donald Trump was declared the next U.S. president, with investors betting that his vow to cut taxes and loosen regulation […]
Is That All? Morgan Stanley Critiques Tesla’s Robotaxi Event for Its Insufficient Details
‘That’s it?’ Morgan Stanley rips Tesla robotaxi event for lack of detail Wall Street has been fairly hot-and-cold on Tesla stock this year — and its highly anticipated robotaxi unveiling on Thursday isn’t helping to improve investor sentiment. Morgan Stanley’s Adam Jonas said he walked away particularly underwhelmed. “We were overall disappointed with the substance […]
Midday Stock Highlights: Notable Moves from RIVN, ANF, CVS, and SAVE
Check out the companies making headlines in midday trading. Abercrombie & Fitch – Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst watch list. Analyst Matthew Boss raised the stock’s price target and third-quarter earnings estimate, saying its brands, which include Hollister, showed momentum during the recent […]
Factors That May Influence Market Movements
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024. Brendan McDermid | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. […]
China’s Central Bank Unveils Series of Support Initiatives in Response to Intensifying Economic Downturn
Pan Gongsheng, governor of the People’s Bank of China, delivers a speech during the 2024 Lujiazui Forum on June 19, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images BEIJING — China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, […]