My top 10 things to watch Wednesday, March 26 1. The long knives are still out for Nvidia . Today’s example is a story in the Financial Times about environmental rules in China that, if tightly enforced, could ban sales of Nvidia’s H20 chips. The rules were put in place last year, but suspiciously are…
Check out the companies making headlines in midday trading. Crypto stocks – Stocks tied to crypto prices jumped amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as the first day of his new term. Shares of crypto exchange operators Coinbase and Robinhood advanced 4.5% and…
Check out the companies making headlines before the bell: J.B. Hunt Transport Services — Shares fell more than 7% after the company’s fourth-quarter earnings came in weaker than expected. J.B. Hunt earned $1.53 per share, below the LSEG consensus estimate of $1.61 per share. Meanwhile, revenue for the period came in line with expectations at…
A trader works at his desk on the floor of the New York Stock Exchange (NYSE) during the first session of the new year on January 2, 2025, in New York City. Timothy A. Clary | Afp | Getty Images Stock futures were marginally lower on Thursday night after the Dow Jones Industrial Average and…
My top 10 things to watch Wednesday, Oct. 16 1. Club Name Morgan Stanley ‘s third-quarter earnings report was great across the board. Many good numbers here. EPS much better, $1.88 per share vs. $1.58 estimate. Revenue much better, $15.38 billion vs. $14.41 billion expected. The bank’s wealth management division posted a 14% sales jump…
The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at a record high, buoyed by strong quarterly results from Club holding Wells Fargo and other major financial firms, which reinforced the idea of a healthy U.S. economy….
The upcoming earnings season could decide what’s next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation data this week raised investor confidence in equities. Tech stocks outperformed this week, with the sector up more than 2%,…