My top 10 things to watch Wednesday, July 2 1. Apple was upgraded to a hold from sell at Jefferies, which said its pull-forward sales due to tariffs, along with market share recovery in China, could raise June quarter sales and EPS 5% to 9% higher than the Street consensus. But second half of year…
My top 10 things to watch Monday, June 30 1. Wall Street looks to pick up where it left off on Friday after the S & P 500 and Nasdaq closed at record highs . The market took the Israel-Iran conflict in stride. With one trading day left in June, both stock benchmarks are up…
Check out the companies making headlines before the bell: Nike — Shares of the sneaker giant jumped 10% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, and…
Jim Cramer on CNBC called defense technology company AeroVironment the next “Palantir of hardware” on Wednesday morning, and the stock went on to soar even higher after his commentary. Shares of AeroVironment, which makes unmanned aircraft systems, were already up 6% in the premarket after the company reported strong earnings after Tuesday’s close. By the…
Check out the companies making headlines in midday trading: Nvidia — Shares slipped roughly 2%, putting the artificial intelligence chipmaker officially in correction territory after tumultuous trading over the past month. MicroStrategy — The bitcoin proxy stock rose more than 6% after Nasdaq announced MicroStrategy will be added to the tech-heavy Nasdaq-100 index . This…
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. Here’s what CNBC TV’s producers were watching as the S & P 500 retreated from its record, and what’s on the radar…