Nvidia Corp. (NASDAQ: NVDA) skidded 4.72% in heavy turnover on August 9, ending the session below its 50-day moving average for the first time since early January.
Shares were essentially flat in after-hours trading.
Nvidia, as just about every stock-market follower knows by no
Delta Air Lines Inc. (NYSE: DAL) swooped lower, essentially in tandem with the broader market, making a soft landing at its 50-day moving average. Just before its most recent quarterly report, on July 13, the stock reached an altitude last seen in April 2021 before retreating.
H
We are in the last leg of the second-quarter 2023 earnings season. So far, earnings results are not great but they are not bad either. Moreover, the outlook given by companies that have already reported is far better than expected
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
The following companies are expected to report earnings prior to market open on 08/10/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Alibaba Group Holding Limited (BABA)is reporting for the quarter ending June 30, 2023. The internet company's con
The following companies are expected to report earnings after hours on 08/09/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Walt Disney Company (DIS)is reporting for the quarter ending June 30, 2023. The media company's consensus earnings per sh
On August 10th and August 11th, investors will get the next read on inflation. On August 10, the latest read on the Consumer Price Index (CPI) is released. That will be followed by the Producer Price Index (PPI) on Friday.
Many economists and market analysts are forecasting th
As the United States economy begins to face its next central inflection point or, put, a potential pivot into a lower gear, some industries begin to receive differentiated treatment from the market as a whole. Investors today can start to gauge where the new momentum and favorit
As we find ourselves at the peak of the earnings season, a significant portion of releases from the Retail-Wholesale sector still awaits. This reporting cycle, a glimpse into the sector's performance reveals a likely modest accele
Weight-loss drugs are the pharmaceutical industry’s equivalent of AI, in the sense of being a product with the capability to send shares soaring. Novo Nordisk A/S (NYSE: NVO), maker of Wegovy, saw its stock gap up more than 16% on August 8, after the weight-loss medication demon
Earnings season is always an important time for investors. This is because earnings growth (i.e. higher profits) is the single best predictor of stock price growth. Over time, stocks of companies that are reporting earnings growth will go up.
This is true for every sector, inc
The following companies are expected to report earnings prior to market open on 08/09/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Roblox Corporation (RBLX)is reporting for the quarter ending June 30, 2023. The gaming company's consensus earnin
The following companies are expected to report earnings after hours on 08/08/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Sun Life Financial Inc. (SLF)is reporting for the quarter ending June 30, 2023. The life insurance company's consensus ear
The ‘Dogs of the Dow’ investment strategy became popular in the early 1990’s when author Michael O’Higgins wrote a book titled “Beating the Dow - A High Return, Low-Risk Method for Investing in the Dow Jones Industrial Stocks With as Little as $5,000.”
The idea was to select th
The slowdown in digital advertising triggered many technology stocks to sell off, notably social media platforms like Snap Inc. (NASDAQ: SNAP). However, a light at the end of the tunnel was lit when behemoths like Alphabet Inc. (NASDAQ: GOOGL) reported an uptick in ad sales, wit
Software stocks benefited from the pandemic-induced strong demand for cloud-based services from businesses looking to operate amid lockdowns. However, weakened consumer spending amid ongoing macroeconomic headwinds is hurting indu
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