• CPI inflation, producer prices, and the last batch of earnings will be in focus this week. • Oracle’s accelerating cloud business and bullish market sentiment make it a top pick to buy this week. • AutoZone faces near-term challenges that warrant caution, making it a stock to sell this week. • Looking for more…
Trends are trends because they come and go, with the world of investing and markets certainly no exception. In 2020, it was work from home. In 2021, it was the Great Reopening. In 2022, it was crypto and digital assets, and a bit of ESG. The year 2023 was all about the Magnificent Seven. And…
Chip behemoth Nvidia, the world’s most expensive listed company and market darling, will release earnings Wednesday (JUSTIN SULLIVAN) US and European stock markets retreated on Wednesday as investors eagerly awaited results from artificial-intelligence giant Nvidia. The dollar firmed against rivals as US president-elect Donald Trump works on completing his cabinet picks, the outlook for US…
Nvidia (NVDA) stock rose more than 4% on Tuesday following bullish notes from Wall Street analysts citing strong chip demand ahead of its earnings report set for Wednesday afternoon. In a client note this week, Stifel (SF) analyst Ruben Roy raised his price target on Nvidia to $180 from $165, while Truist Securities’ (TFC) William…
Nvidia (NVDA) stock sank as much as 3% early Monday following a new report from The Information, which highlighted overheating issues with its latest Blackwell AI servers. The news also comes ahead of the AI chipmaker’s earnings report, which is slated for release after the market close on Wednesday. The news is not the first…
We recently made a list of UBS’ Bottom Quant Stocks In AI, IT, Healthcare & Others: 29 Stocks In All Sectors. In this piece, we will look at where APA Corporation (NASDAQ:APA) ranks on the list of UBS’ bottom quant stocks. With November 2024 having settled in and the US presidential election in its final…
YTL Power International Berhad (KLSE:YTLPOWR) defied analyst predictions to release its yearly results, which were ahead of market expectations. Results were good overall, with revenues beating analyst predictions by 2.3% to hit RM22b. Statutory earnings per share (EPS) came in at RM0.42, some 7.6% above whatthe analysts had expected. Earnings are an important time for…
Nvidia (NVDA) stock closed at a record high on Monday as Wall Street analysts held firm on their bullish positions on the stock ahead of its earnings report in November. Shares of the leading AI chipmaker rose over 4% to close at $143.71 per share. The move comes as Wall Street analysts reiterate their Buy…
Shares of Costco (COST) are sliding after the retailer posted a mixed fourth-quarter earnings report. Revenue came in at $79.70 billion, falling slightly below the expected $79.96 billion. Meanwhile, US comparable sales, ex-gasoline and currency impacts, were better than analysts were expecting. Roth Capital Partners senior research analyst Bill Kirk joins Morning Brief to dig…