My top 10 things to watch Thursday, Nov. 21 1. Nvidia’s quarterly results were much better than expected, and the whole overheating Blackwell chips thing was overblown, says the company. The AI chip king just can’t make enough Blackwells and gross margin will be improving next year, producing much better numbers. Lots of stories about…
CNBC’s Jim Cramer on Wednesday said consumers right now aren’t focused on brand names, but on companies that can provide the most value. “Prices have gotten so high over the past few years that we’re losing our loyalty to brands,” he said. “These days, this whole country is about one thing: The Benjamins.” Cramer used…
My top 10 things to watch Wednesday, Nov. 20 1. Target is the disaster du jour. The stock sank more than 15% after the retailer missed on quarterly earnings and revenue and cut guidance. Discretionary spending is just not that. Consumers are being choosy. There’s some hope on the horizon: Still has $9.4 billion on…
Traders work on the New York Stock Exchange (NYSE) floor on November 12, 2024 in New York City. Spencer Platt | Getty Images Stock futures hovered near the flatline on Tuesday evening, as investors looked toward a key earnings report from tech giant Nvidia. Futures tied to the Dow Jones Industrial Average ticked up by…
In This Story After Morgan Stanley’s (MS-0.90%) bullish outlook, another financial giant has joined the optimistic chorus for the S&P 500 in 2025. What’s more, it expects the growth of the S&P 500 to occur without relying on the outperformance of the Magnificent Seven, marking a notable shift in market dynamics. How AI is revolutionizing…
Goldman Sachs is out with its much anticipated 2025 equity outlook to clients and it calls for stocks to gain 11% from here (12% total return with dividends) as a growing economy and improving profit margins fuel sizable earnings growth. “Our view is predicated on continued US economic expansion, earnings growth of 11% in 2025…
The postelection rally has hit some turbulence in recent days, giving investors a bumpy ride in the near term. However, these choppy markets can harbor plenty of opportunities — for those who know where to look. Investors shouldn’t focus too much on short-term volatility as they position their portfolios. Recommendations from Wall Street can help…
People always ask me why I dislike parabolic moves. The answer is simple: When a stock rises significantly in a short period — resulting in a price chart that resembles the curve of a parabola — it goes down far faster than it can creep up, for whatever reason. Consider a parabolic move from a…
After 30 years in business, Amazon is a $2 trillion behemoth and one of the world’s largest retailers. But back in 2001, its very survival was in doubt after the dot-com bubble burst and Amazon’s stock dipped by 90 percent. Some critics believed Amazon was doomed to never recover, but founder Jeff Bezos turned things…
Here are five key things investors need to know to start the trading day: 1. On the lookout 2. Home Depot raises outlook A Home Depot store in Louisville, Kentucky, US, on Monday, Aug. 14, 2023. Jon Cherry | Bloomberg | Getty Images Home Depot beat Wall Street expectations as quarterly sales rose 6% year…