The stock market experienced some significant fluctuations on Wednesday, with Nvidia shares causing a decline in the S&P 500. The highlights for Thursday sessions include Nvidia down by about 7% after hours due to their quarterly report. Salesforce, on the other hand, saw a positive uptick with a 4% increase after exceeding expectations. CrowdStrike reported
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Nvidia’s stock has seen significant growth over the past year, with a 179% increase in the last year and a 159% surge in 2024. Despite this impressive performance, the stock is currently 8.8% off its June 20 high. Analysts seem to be bullish on Nvidia, with 92% rating it as a buy or overweight, while
The Inflation Reduction Act has been instrumental in sparking a manufacturing boom across the United States, with an influx of tens of billions of dollars in investments. This surge in investment has been particularly beneficial for rural communities in dire need of economic development. Companies have announced a staggering $133 billion worth of investments in
The retail sector stocks showed a mixed performance on Wednesday, with Target and TJX witnessing price boosts of 11% and 6% respectively. Meanwhile, Macy’s faced a dip of nearly 13% in the same session. The overall retail earnings for this season, including big players like Target, TJX, and Macy’s, indicate a growing sense of caution
Portillo’s is a well-known fast casual restaurant chain in the United States, offering a variety of iconic menu items such as Chicago-style hot dogs and sausages, Italian beef sandwiches, burgers, salads, fries, and milkshakes. The company operates both physical locations as well as online platforms to sell its products. Currently, the stock market value of
The surge in online sports betting has led to significant financial consequences, especially for those already facing financial distress. A recent study titled “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households” uncovered alarming findings regarding the prevalence of sports betting since the 2018 Supreme Court decision to legalize it. Currently, 38 states have embraced
Stocks @ Night is a daily newsletter that provides readers with insights on stock market trends and updates after hours. The newsletter aims to offer a glimpse into the future of stock trading while also reflecting on the day’s market performance. One of the key highlights from the newsletter is the detailed analysis of Elliott
Monday.com, a leading project management software provider, has been gaining attention from investors after impressing with strong second-quarter results. Notably, the company saw a 49% increase in paid customers with over $100,000 in annual recurring revenue (ARR), reaching 1,009. This growth has led to optimistic projections for Monday.com’s future, with TD Cowen analyst Derrick Wood
The demand for power from data centers is expected to triple by the year 2030, largely driven by the rapid scaling up of artificial intelligence technology. According to a report by Mizuho Securities, the demand will reach a staggering 400 terawatt hours, representing about 9% of total electricity demand in the U.S. by the end
One of the top dividend stocks recommended by Wall Street analysts is Pfizer (PFE). The healthcare giant has been delivering impressive results, driven by its cost-cutting efforts and sales of non-Covid products. Pfizer’s increased full-year guidance reflects the strong demand for its diversified product portfolio. With a dividend yield of 5.9%, Pfizer has returned $4.8