How Disney’s share price decline explains Wall Street momentum
As major stock markets fell on Wednesday, failing to fully recover from Monday’s brutal sell-off, CNBC’s Jim Cramer explained the current dynamics and attitudes on Wall Street. He used DisneyStock performance following earnings releases explains why investors want interest rate…
Stock market today: Indices fall as comeback rally loses momentum
U.S. stocks fell as recession fears and disappointing earnings reports weighed on investors. Major indices fell slightly, while bond yields rose. Super Micro Computer and Airbnb suffered sharp declines after disappointing earnings forecasts. Thanks for registering! Access your favorite topics…
:max_bytes(150000):strip_icc()/Nvidia-and-AMD-f306c6c5995641fa8e82e0135bdb586b.jpg "Analysts say Nvidia and AMD shares offer “tremendous opportunities” after recent losses")
Analysts say Nvidia and AMD shares offer “tremendous opportunities” after recent losses
The central theses Recent losses in Nvidia and Advanced Micro Devices shares could provide an opportunity for investors to buy on dips, analysts at Piper Sandler said. Analysts expect both chipmakers to benefit from rising demand for artificial intelligence (AI)…
Nvidia shares fall 5%, chip stocks fall as Wall Street calls ‘tremendous opportunity’ after sell-off
Nvidia (NVDA) shares fell more than 5% on Wednesday, erasing gains from earlier in the session as chip stocks led the decline during a trading session that saw all three major indexes close in the red. The sell-off in Nvidia…
Stock market today: Live updates
Stock market futures fell Wednesday evening as Wall Street attempts to stabilize after several dramatic swings in recent days. Futures tied to the Dow Jones Industrial Average lost 68 points or about 0.2 percent. S&P 500 futures fell by 0.3%,…
Warner Bros. Discovery (WBD) earnings Q2 2024
A sign is seen in front of the Warner Brothers Discovery Techwood Turner Broadcasting campus in Atlanta, Georgia on June 26, 2024. Kevin Dietsch | Warner Bros. DiscoveryThe company’s shares fell on Wednesday after the company reported $9.1 billion in…
Why Revolve Group stock soared today
Revolve surprised investors by significantly beating estimates. Shares of Turning group (RVLV 32.67%) jumped today after the online fashion retailer reported better-than-expected results in its second-quarter earnings report, showing signs of a possible recovery after several years of disappointing results….
Robinhood results beat estimates on meme stocks and crypto trading boom
By Manya Saini (Reuters) – Robinhood far beat Wall Street expectations for second-quarter revenue and profit on Wednesday as more retail investors took an interest in meme stocks and cryptocurrencies. The app, typically associated with retail investors, saw a surge…
Harris’ running mate Tim Walz owns no stocks, bonds or real estate
Minnesota Governor and Democratic vice presidential candidate Tim Walz speaks during a campaign rally for U.S. Vice President and 2024 Democratic presidential candidate Kamala Harris in Eau Claire, Wisconsin, August 7, 2024. Kamil Krzaczynski | AFP | Minnesota Governor Tim…
:max_bytes(150000):strip_icc()/GettyImages-18288627963-cf2aef7311474e04be8c4b9cf9503ab1.jpg "What’s next for Super Micro Computer after the 20 percent drop in share price following the release of earnings figures?")
What’s next for Super Micro Computer after the 20 percent drop in share price following the release of earnings figures?
The central theses Super Micro Computer shares plunged on Wednesday after the company reported a quarterly profit decline as low margins hurt business despite increased demand. According to analysts, investors are waiting for Super Micro’s margins to improve to demonstrate…
