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…
Traders work on the floor of the New York Stock Exchange at the opening bell on November 13, 2024, in New York City. Angela Weiss | AFP | Getty Images Stock futures are near flat Wednesday night as investors parsed the all-important earnings release from artificial intelligence darling Nvidia. Dow Jones Industrial Average futures added…
Expectations are high for Nvidia’s earnings. Nvidia is expected to report fiscal 2025 third-quarter results Wednesday after the close. Analysts see the darling chipmaker reporting a profit of 75 cents per share on revenue of $33.16 billion, per LSEG. Both figures represent more than 80% growth from the year-earlier period. The report will likely have…
Check out the companies making headlines in midday trading: Williams-Sonoma — The home goods retailer soared about 29% after beating expectations on both lines for the third quarter and raising full-year guidance. Williams-Sonoma earned $1.96 per share on $1.80 billion in revenue, while analysts surveyed by LSEG had anticipated just $1.78 in earnings per share…
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…
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer shares jumped 31% on Tuesday after the embattled server maker said it named BDO as its new auditor and submitted a plan to Nasdaq detailing…
Small-cap stocks could be on the verge of a renaissance as attractive valuations and secular trends bring about sharp gains, according to portfolio managers at Baron Capital. Baron Capital, known for being an early and big investor in Tesla, has a sizable exposure to small caps, especially those with a growth tilt. The Baron Growth…
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…
Nvidia earnings results this week are more important to the stock market than the Federal Reserve or even jobs data, according to the options market. The artificial intelligence chipmaker is set to release results Wednesday after the stock market closes, moving back into the spotlight on Wall Street following a lengthy focus on the U.S….
Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures were higher early Tuesday as investors awaited key earnings from retailers and chipmaker Nvidia this week. Futures tied to the Dow Jones Industrial Average…