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 only 8% deem it a hold. The average price target is $142.63, with the stock closing at $128.30.
On the other hand, CrowdStrike has experienced a more turbulent journey, with the stock down 21.5% in recent times. However, it has managed to recover slightly with a 4.4% increase in the past month. The upcoming quarterly report will shed more light on the future of CrowdStrike.
Foot Locker has shown promising growth, with the stock up nearly 49% in the past three months. Despite being 8% off from the February high, there is optimism surrounding the retailer’s performance. Nike, on the other hand, has faced some challenges with a 7% decline in the same period.
BHP CEO Mike Henry’s remarks on the Chinese property market indicate a potential comeback. The iShares MSCI China ETF and the iShares China Large-Cap ETF have seen fluctuations, with the former being 12% from the May high and the latter 10% below the 52-week high. The KraneShares CSI China Internet ETF, however, is 22% off from the May high, facing a downward trend in August.
Wednesday marks the 100th day since Rob Lynch took over as CEO. Shake Shack has seen a 10% increase in the past three months, although it is currently 3.5% below the May 6 high. This milestone provides an opportunity to reflect on the company’s performance under new leadership.
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