Nvidia’s latest quarterly results could signal a boost for other stocks in the artificial intelligence space. The company reported fiscal 2025 fourth-quarter revenue growth of 78% from the year-earlier period. Its guidance for the current quarter was also ahead of analyst expectations. That comes a month after the stock plummeted nearly 17% on worries that…
My top 10 things to watch Thursday, Feb. 27 1. Nvidia shares were up roughly 2% in premarket trading, the morning after the artificial intelligence chip giant eased DeepSeek and Blackwell concerns and delivered a quarterly beat and guidance raise . For now, we’re reiterating our 2 rating and $165-per-share price target. The stock remains…
Check out the companies making headlines in postmarket trading: Reddit — The social media platform slid 17% after Reddit’s user numbers fell short of Wall Street’s expectations. Daily active uniques averaged 101.7 million for the fourth quarter, reflecting growth of 39% year over year but missing analysts’ call for 103.1 million, per StreetAccount. Separately, Reddit…
Orange juice futures extend losing streak Orange juice futures (MAR) were lower again Tuesday, marking their eighth consecutive negative session. OJ hit a low of 385.50 cents per pound, its lowest level since May 9, 2024. This pullback comes despite futures reaching all-time highs in mid-December. Market observers are surprised by the recent downturn, given…
Here are the most important news items that investors need to start their trading day: 1. A bumpy ride Stock futures climbed Monday as investors digested the latest phase in a brewing global trade war. The three major U.S. averages dipped last week. The S&P 500 slipped by 0.2%, while the Dow Jones Industrial Average…
Inflation readings next week will have to show that the rosy macroeconomic outlook underpinning the bull case for stocks remains intact, in order to reassure a whipsawed market swinging between the latest earnings news and the latest tariff updates. Wall Street is in for a quieter economic calendar in the week ahead, but investors will…
Palantir: The Next Oracle? Expert Predicts A Monster Run To $100 Palantir Technologies Inc (NASDAQ:PLTR) is having a banner year, with its stock surging over 235% in the past year and showing no signs of slowing. Market strategist Keith Fitz-Gerald believes this is just the beginning, boldly claiming that Palantir could rival Oracle Corp (NYSE:ORCL),…
Check out the companies making headlines before the bell: Disney — Shares popped more than 9% after the company’s fiscal fourth-quarter results beat analysts’ estimates . For the period, Disney earned $1.14 per share, after adjustments, on revenue of $22.57 billion. That is above earnings of $1.10 per share on revenue of $22.45 billion that…
My top 10 things to watch Thursday, Nov. 14 1. Wall Street is looking to reclaim its post-election momentum after two subdued sessions. It’s not too late to join the CNBC Investing Club ahead of our November Monthly Meeting, which kicks off at noon ET. I’ll be discussing what Donald Trump’s return to the White…
Check out the companies making headlines before the bell. Tesla — The electric vehicle stock popped 7% and looked poised to build on last week’s 29% surge. The Elon Musk-run company has rallied on the heels of Donald Trump’s presidential victory, topping $1 trillion in market value on Friday as investors bet the company will…