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Nvidia's Strong Quarter Has Tech Poised For Further Upside As Investors Prep For Powell Speech
Thursday, August 24, 2023 - 11:26am | 2066(Thursday market open) Yesterday’s tech-driven rally appears to be extending into Thursday after chipmaker Nvidia (NASDAQ: NVDA) reported a blowout quarter last night, fueling bullishness over artificial intelligence (AI). Nvidia shares surged in premarket trading after the...
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Tech Sector Aims To Follow Monday's Bounce As Investors Mark Time Ahead Of Fed Chair's Friday Speech.
Tuesday, August 22, 2023 - 1:12pm | 2126(Tuesday market open) U.S. stocks ended a four-day slide Monday with help from the technology sector, which seems poised to provide a further boost Tuesday, overshadowing mixed earnings from retailers Dick’s Sporting Goods (NYSE: DKS), Lowe’s (NYSE: LOW), and...
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US Stocks Mixed; Lowe's Posts Upbeat Earnings
Tuesday, August 22, 2023 - 9:00am | 843U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining over 50 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.07% to 34,439.33 while the NASDAQ rose 0.43% to 13,555.37. The S&P 500, also rose, gaining, 0.20% to 4,408.63. Check This Out: Top 5...
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Lowe's Clocks Mixed Q2 Performance, Stock Rises On Reaffirmed Annual Outlook
Tuesday, August 22, 2023 - 5:47am | 288Lowe's Companies Inc (NYSE: LOW) reported a second-quarter FY23 sales decline of 9.17% year-on-year to $24.96 billion, marginally missing the analyst consensus of $24.99 billion. Comparable sales decreased 1.6%. The company saw strong spring recovery and Pro and online sales...
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Poised For Rebound As Investors Await Fed Leader's Jackson Hole Address
Monday, August 21, 2023 - 4:04pm | 2058(Monday market open) Given how the markets hang on every word spoken publicly by Federal Reserve Chair Jerome Powell, it only seems like he’s always speaking from a mountain top. This week, he will come close to making that metaphor literal. Powell’s speech on Friday morning at the...
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Can Home Depot Survive The Current Hosing Market Headwinds? Analyst Discusses Future
Tuesday, August 15, 2023 - 1:25pm | 376Telsey Advisory Group analyst Joseph Feldman reiterated a Market Perform rating on the shares of Home Depot Inc (NYSE: HD) with a $315 price target. Home Depot's 2Q23 EPS declined 8% Y/Y to $4.65, beating the analyst consensus estimate. Also, sales exceed at $42.9...
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Why PhenomeX Are Trading Lower By Around 20%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 15, 2023 - 1:01pm | 1755Gainers Novo Integrated Sciences, Inc. (NASDAQ: NVOS) jumped 85.4% to $0.1267 after the company and Farm 7 Group announced a joint venture for Kenya Agricultural Cooperative Project. Delcath Systems, Inc. (NASDAQ: DCTH) shares jumped 85.3% to $5.78 after the company announced FDA approval of...
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Why Delcath Systems Shares Are Trading Higher By Around 58%; Here Are 20 Stocks Moving Premarket
Tuesday, August 15, 2023 - 7:17am | 795Gainers Delcath Systems, Inc. (NASDAQ: DCTH) shares surged 57.7% to $4.93 in pre-market trading after the company reported the FDA approval of HEPZATO KIT™ for the treatment of adult patients with unresectable hepatic-dominant metastatic uveal melanoma. Sonim Technologies, Inc. (NASDAQ: SONM...
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LL Flooring Posts Q2 Earnings Below Street View Due To Macroeconomic Impact
Wednesday, August 9, 2023 - 10:57am | 360LL Flooring Holdings, Inc (NYSE: LL) reported a second-quarter FY23 sales decline of 20.9% year-on-year to $236.42 million, missing the analyst consensus of $257.90 million. Comparable store sales decreased 22.2% versus last year. Adjusted EPS loss of $(1.28) missed the...
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What Generac's Earnings May Say About The Strength Of The Economy
Friday, August 4, 2023 - 9:44am | 777Generac Holdings, Inc. (NYSE: GNRC) is showing investors what happens when you miss on earnings in a quarter where over 80% of companies have beaten expectations. Shares of GNRC stock are down over 24% in midday trading after the company reported mixed earnings results. If that holds, it will be...
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Top 5 Consumer Stocks That You May Want To Dump In June
Thursday, June 1, 2023 - 6:37am | 685The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...
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Why Capri Holdings Shares Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Wednesday, May 31, 2023 - 12:01pm | 1705Gainers Aridis Pharmaceuticals, Inc. (NASDAQ: ARDS) shares jumped 143% to $0.45 after the company announced it received agreement from the FDA on its proposed single confirmatory Phase 3 study of AR-301 and the clinical study design. Bluejay Diagnostics, Inc. (NASDAQ: BJDX) gained 67% to $0.3225....
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Intel, Noah Holdings, Twilio And Other Big Stocks Moving Higher On Wednesday
Wednesday, May 31, 2023 - 9:50am | 515U.S. stocks traded lower, with the Dow Jones dropping over 250 points on Wednesday. Here are some big stocks recording gains in today’s session. SunCar Technology Group Inc. (NASDAQ: SDA) shares gained 51.5% to $29.53. LL Flooring Holdings, Inc. (NYSE: LL) shares rose 18.8% to $4.92. LL...
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Dow Tumbles Over 200 Points; Chicago PMI Drops In May
Wednesday, May 31, 2023 - 9:28am | 898U.S. stocks traded lower this morning, with the Dow Jones dropping over 200 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.68% to 32,817.80 while the NASDAQ fell 0.45% to 12,958.21. The S&P 500, also fell, dropping, 0.65% to 4,178.26. Check This Out: Marvell...
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Why LL Flooring Shares Are Trading Higher By 19%; Here Are 20 Stocks Moving Premarket
Wednesday, May 31, 2023 - 7:39am | 814Gainers VIQ Solutions Inc. (NASDAQ: VQS) shares rose 66.8% to $0.3887 in pre-market trading. Appreciate Holdings, Inc. (NASDAQ: SFR) shares surged 59% to $0.4307 in pre-market trading after dropping 14% on Tuesday. VistaGen Therapeutics, Inc. (NASDAQ: VTGN) shares rose 50% to $0.2009 in pre-...