It may seem that Cupertino-based giant Apple (NASDAQ:AAPL) has fallen behind its Big Tech peers in the race for AI, as the company has only achieved a modest performance of just 3% this year compared to the “Magnificent Seven” group of leading technology companies. However, several reasons justify my bullish stance on Apple. In this […]
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA) China EV rivals and Nvidia CEO Jensen Huang are in focus this weekend, with the jobs report due this coming week. X The stock market rally suffered losses last week, with the major indexes breaking some key levels, […]
(Bloomberg) — The latest Nvidia Corp. frenzy is fueling an unprecedented rally in the booming industry of leveraged-up ETFs as retail traders go all-in on the world’s “most important stock.” Most Read from Bloomberg A GraniteShares fund, which gives investors two times the daily return of the Jensen Huang-run company, is now up 450% over […]
Spencer Platt/Getty Images Nvidia is the 8th company this year to announce a forward stock split. Stock splits have no impact on the market value of a company, but they are historically bullish, according to Bank of America. These are eight high-priced S&P 500 stocks that could be the next to enact a split. Nvidia […]
Nearly five months through 2024, the major stock indexes are near record highs. Wall Street doesn’t think this rally is over, either, as the outlooks for earnings and economic growth have steadily risen throughout the year. In the past two weeks, three equity strategists tracked by Yahoo Finance have boosted their year-end targets for the […]
(Bloomberg) — One of Wall Street’s most prominent bears has just turned positive on the outlook for US stocks. Most Read from Bloomberg Morgan Stanley’s Michael Wilson now sees the S&P 500 rising 2% by June 2025, a major about turn from his view that the benchmark will tumble 15% by December. The strategist — […]
Walmart Inc. started out 2024 with some momentum — and is feeling more bullish about the year. The mass market giant’s first-quarter net income jumped by more than 200 percent to $5.1 billion, or 63 cents a share. Adjusted earnings per share rose a milder 22.4 percent to 60 cents, which was still well ahead […]
Nvidia (NVDA) is due to report earnings on Wednesday after the closing bell, and the options market is pricing in an 10.2% move in either direction. Nvidia stock has stayed above the lower expected range following all six of the last six earnings announcements. Let’s analyze how we can structure an option trade that fits […]
(Bloomberg) — Analysts are ratcheting up earnings forecasts for the current quarter at the swiftest pace in two years, suggesting that the worst of Corporate America’s profit slump may be firmly in the rear-view mirror. Most Read from Bloomberg With nearly 90% of S&P 500 Index companies having reported for this earnings season, upbeat first-quarter […]
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.Andrew Kelly/Reuters The stock market looks poised to fall from its extreme heights, legendary investor John Hussman said. Hussman said the stock market is mirroring the extremes leading up the 1929 crash. A market crash […]
Shopify Prepares To Report Q1 Earnings: Charts Indicate Bullish Reversal, Analysts Predict Downside Shopify Inc (NYSE:SHOP) is reporting its first-quarter earnings on Wednesday. Wall Street expects 17 cents in EPS and $1.845 billion in revenues as the company reports before market hours. The stock is up 18.44% over the past year but down 2.04% YTD. […]
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Warren Buffett’s Berkshire Hathaway (BRKB) reports Saturday morning followed by the conglomerate’s annual shareholder meeting. X The stock market rally had a strong week, with the Nasdaq punching above a key level thanks to a tame jobs report and rebounding Apple […]