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Earnings Preview
The forthcoming week is set to witness an upsurge in the corporate earnings season, with mega-caps $Amazon(AMZN.US$ and $Apple(AAPL.US$ slated to release their earnings on Tuesday and Thursday, respectively. Additionally, a plethora of consumer-facing companies such as $Coca-Cola(KO.US$ are also expected to report their earnings.
Investors are eagerly anticipat...
The forthcoming week is set to witness an upsurge in the corporate earnings season, with mega-caps $Amazon(AMZN.US$ and $Apple(AAPL.US$ slated to release their earnings on Tuesday and Thursday, respectively. Additionally, a plethora of consumer-facing companies such as $Coca-Cola(KO.US$ are also expected to report their earnings.
Investors are eagerly anticipat...
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Tesla stock fell by 4.5%, closing at $169.48 on Wednesday after Wells Fargo cut Tesla to its lowest rating, citing the potential for more price cuts that could hit the bottom line.
Source: Moomoo
Analyst Colin Langan downgraded TSLA to a Sell-equivalent Underweight from Equal Weight and lowered its price target to $125 from $200, saying its valuation premium to the other Magnificent 7 stocks is "likely a risk."
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Source: Moomoo
Analyst Colin Langan downgraded TSLA to a Sell-equivalent Underweight from Equal Weight and lowered its price target to $125 from $200, saying its valuation premium to the other Magnificent 7 stocks is "likely a risk."
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Mega-cap tech stocks continue to lead the U.S. stock market higher this year, driving major indices such as the $S&P 500 Index(.SPX.US$ and $NASDAQ 100 Index(.NDX.US$ to record highs. Among the Magnificent 7 this year, the most impressive performer is $NVIDIA(NVDA.US$, which has risen nearly 60% since the beginning of the year, followed closely by $Meta Platforms(META.US$ w...
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RECAP
U.S. stocks struggled for direction Tuesday as traders eyed fresh data on slipping consumer attitudes but braced for the release of the PCE, or personal consumption expenditure price index, which will be published before the market opens on Thursday.
The $S&P 500 Index(.SPX.US$ climbed 0.17%, to 5,078. The $Dow Jones Industrial Average(.DJI.US$ dropped 0.25%, to 38,972. The $Nasdaq Composite Index(.IXIC.US$ gained, or 0....
U.S. stocks struggled for direction Tuesday as traders eyed fresh data on slipping consumer attitudes but braced for the release of the PCE, or personal consumption expenditure price index, which will be published before the market opens on Thursday.
The $S&P 500 Index(.SPX.US$ climbed 0.17%, to 5,078. The $Dow Jones Industrial Average(.DJI.US$ dropped 0.25%, to 38,972. The $Nasdaq Composite Index(.IXIC.US$ gained, or 0....
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$NVIDIA(NVDA.US$surpassed Wall Street's expectations for both earnings and sales in its fourth fiscal quarter report, and projected higher-than-anticipated revenue for the current quarter despite already high growth forecasts. Following the report, Nvidia's stock price increased by roughly 10% in after-hours trading.
During an earnings call, company executives talked about how artificial intelligence (AI) has driven their data c...
During an earnings call, company executives talked about how artificial intelligence (AI) has driven their data c...
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