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Stock market today: US stocks rise as markets brace for March inflation data and fresh Fed commentary
Treasury yields continued to climb as markets readjust forecasts for rapid interest rate cuts from …
Filip De Mott
US stocks trade mixed as investors await fresh economic data and Fed commentary
This week will see the release of revised fourth-quarter GDP and the latest PCE reading, giving mor…
Filip De Mott
Stock market today: Indexes trade mixed as traders try to recover from Nvidia-fueled sell-off
On Tuesday, Fed Governor Michelle Bowman touted the possibility of a rate hike.
Filip De Mott
Stock market today: US stocks dip as 2-day Fed meeting kicks off
Investors are waiting to see what the Fed announces at the conclusion of its June policy meeting.
Filip De Mott
Stock market today: S&P 500 and Nasdaq close at record highs ahead of Fed meeting, May inflation report
Stocks rose ahead of the Fed's two-day policy meeting. Apple slipped 2% as the company unveiled its…
Matthew Fox
Salesforce plunges 21% after it reports its first revenue miss since 2006
"We would be buyers on weakness this morning as seeing the forest through the trees this is a turna…
Matthew Fox
'AI revolution just getting started': Here's what Wall Street is saying about Nvidia's 1st-quarter earnings blowout
"Demand continues to exceed supply and this situation could persist at least through most of CY25E,…
Matthew Fox
Stock market today: Indexes slip as traders await Nvidia's earnings report
Wall Street is looking for another blowout quarter from Nvidia, with analysts expecting the firm to…
Jennifer Sor
'AI demand train running at full speed': Here's what Wall Street expects from Nvidia's first-quarter earnings
"With H100 lead times falling and H200 and GB200 products now in the mix, Nvidia has more levers to…
Matthew Fox
Stock market today: Indexes hover at records ahead of big inflation report
The Nasdaq closed at a record, and the S&P 500 hovered just under its own all-time high as investor…
Filip De Mott
Nvidia will surge another 22%, and is still cheap compared to peers despite nearly doubling this year, Goldman Sachs says
Nvidia's increased cadence of new product innovation should help fend off the competition, accordin…
Matthew Fox
Stock market today: Indexes extend gains as traders eye Fed speakers for rate clues
The equity rebound is entering its fourth day after last week's jobs report brought back hope for a…
Filip De Mott
'Winner take most': Here's what Wall Street is expecting from Amazon's Q1 earnings report
"We are optimistic that AMZN will be one of the 2-3 winners from GenAI," Needham analysts wrote.
Jennifer Sor
'A rip the band-aid off quarter': Here's what Wall Street expects from Tesla earnings amid an epic stock skid
Tesla is facing uncertainty as it pivots away from low-cost vehicles toward autonomous driving and …
Matthew Fox
One of China's biggest banks has banned analysts from writing bearish research and showing off their wealth
China International Capital Corp. also told employees to avoid wearing luxury brands or disclosing …
Jennifer Sor
Barclays slashes its Tesla stock price target by 20%, gives 3 reasons why next week's Q1 earnings call will disappoint
"Tesla's deeply challenged near-term fundamentals are taking the backseat to a much larger issue, a…
Matthew Fox
Markets are misreading Fed officials' comments, and the central bank could still raise rates, analyst warns
"But I think we've read far too much into recent Fedspeak that implied that these higher rates migh…
Aruni Soni
IndiGo stock to soar on a cosy duopoly and an expanding market, say brokerages
IndiGo belongs to a rare club of stocks that has slowly yet steadily risen even in a market where …
Alphabet is set to pop 15% as Google is a clear winner in AI, Wedbush says
Alphabet has lagged the gains of some Magnificent Seven stocks like Amazon and Microsoft this year,…
Jennifer Sor
TCS to kick off Q3 earnings with street glued to strategy and deal commentary
IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…