Wall Street expects Broadcom to post 34% year-over-year growth in adjusted earnings per share for the fiscal third quarter. (Bloomberg) — Investors worried about faltering momentum in the artificial intelligence trade are looking for a spark from Thursday’s earnings report by the world’s hottest chipmaker: Broadcom Inc. Most Read from Bloomberg But after the more…
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 3.3% in the afternoon session after investors continued to lock in some profits, as its latest earnings report failed to meet the market’s highest expectations. The decline extends from the previous session, as investors reacted to a quarterly report that, while strong, showed signs of…
Nvidia (NVDA) and other US chip stocks fell on Friday as a pair of headlines put the sector on track for a losing week after Nvidia’s high-profile earnings report on Wednesday garnered a tepid reaction from investors. Nvidia shares dropped more than 3% Friday and shed about 2% for the week. Friday’s drop came after…
US stock futures inched higher with Wall Street on edge ahead of Nvidia’s (NVDA) earnings report. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) rose 0.1%. The chip giant is set to report its results on Wednesday after the bell. Investor expectations are…
US stock futures teetered around the flatline as investors counted down to Nvidia’s (NVDA) earnings report. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) fluttered up 0.1%. Stocks fell on Monday, pulling back from last week’s record-setting rally following Federal Reserve Chair Jerome…
Shares of language-learning app Duolingo (NASDAQ:DUOL) fell 6.9% in the morning session after JMP Securities lowered its price target on the stock, citing concerns about slowing user engagement ahead of the company’s second-quarter earnings report. The investment firm JMP Securities reduced its price target to $450 from $475, pointing to third-party data that indicated a…
Photo: Michael M. Santiago (Getty Images) Stocks surged into the close Thursday after a wobbly start, with all major indexes ending firmly in the green. The Nasdaq led gains, up 2.74%, while the S&P 500 climbed 2.03% and the Dow added 1.23%. Gold rose nearly 2% as volatility fell sharply, with the VIX down over…
• Fed meeting, FOMC dot-plot, Powell news conference will be in focus this week. • Nvidia’s GTC conference presents a promising opportunity for the company to showcase its cutting-edge technology and growth prospects, making it a stock to consider buying. • Nike’s anticipated earnings report, along with its ongoing challenges, might make it a stock…
The first week of March will bring investors a crucial jobs report and a range of key retail earnings that could have the potential to either stoke or allay fears about the US economy and the consumer showing some signs of stress. The February jobs report out Friday is expected to show hiring rose modestly…
The Nasdaq led US stock futures higher on Thursday as investors weighed AI chipmaker Nvidia’s earnings report and took stock of President Trump’s latest tariff pledges. Contracts on the tech-heavy Nasdaq 100 (NQ=F) moved up roughly 0.8%, while those on the S&P 500 (ES=F) added 0.6% after both indexes eked out closing gains on Wednesday….