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News Digest /
Alex Vellor
Author: Alex Vellor
09:16am, Thursday, Nov 21, 2024
Markets are steady as Nvidia dips 3% after earnings, Target reels from a 21% drop, and Treasury yields fall slightly amid Fed anticipation.
03:54am, Thursday, Nov 21, 2024
Nvidia (NASDAQ: NVDA) forecasts a 69.5% revenue growth for Q4, its slowest in seven quarters, spurring mixed reactions among investors. Despite a 112% rise in data center sales, concerns over supply chain issues and competition loom. Stay vigilant for market shifts.
07:19am, Wednesday, Nov 20, 2024
NIO Inc. (NYSE: NIO) reported a net loss of 5.14 billion yuan for Q3, exceeding analyst expectations. Shares fell over 4% despite improved margins. CEO William Bin Li remains optimistic, forecasting 72,000-75,000 Q4 deliveries, signaling potential growth.
07:11am, Wednesday, Nov 20, 2024
Target Corporation (NYSE: TGT) shares plummeted over 21% in premarket trading after a disappointing Q3 earnings report. Adjusted EPS of $1.85 fell short of estimates, raising concerns about revenue and guidance. Traders should brace for volatility ahead.
07:03am, Wednesday, Nov 20, 2024
Apple (NASDAQ: AAPL) faces a significant sales drop during China's Singles' Day, with smartphone sales down 9% year-on-year. In contrast, Huawei saw a 7% sales rise. Traders must reassess strategies amid increasing competition and shifting consumer preferences.
11:14am, Tuesday, Nov 19, 2024
Snowflake is set to report Q3 FY25 earnings on Nov. 20. Learn about revenue projections, EPS expectations, and key analyst insights.
10:58am, Tuesday, Nov 19, 2024
On Tuesday, stocks showed mixed results, with Walmart (NYSE: WMT) rising 3.53% after strong earnings. Mega-caps like Home Depot and Disney declined, while Super Micro surged 27.56%. Mid-cap SVF rose 22.19%, indicating broad market enthusiasm.
08:32am, Monday, Nov 18, 2024
U.S. stock futures mixed as Nvidia earnings, Fed commentary, and PMI data dominate focus. Market highlights include Tesla's surge and Treasury yield updates.
08:05am, Monday, Nov 18, 2024
Spirit Airlines (NYSE: SAVE) has filed for Chapter 11 bankruptcy to restructure its debt, secured by a $350 million equity investment from bondholders and $300 million in debtor-in-possession financing. Despite this, flights and services continue as usual. The airline aims to emerge from bankrupt...
08:02am, Monday, Nov 18, 2024
Gold faces its worst post-election drop in 43 years, plunging 6% in a week due to a stronger U.S. dollar and rising bond yields. UBS predicts a rebound, targeting $2,900/oz by 2025, advising traders to view current dips as buying opportunities.
04:27am, Monday, Nov 18, 2024
Nvidia's Q3 earnings preview: Revenue expected to surge 84% YoY to $33.28B, fueled by AI demand. Key insights and projections for investors.
08:10am, Friday, Nov 15, 2024
Friday Recap: Markets dip amid mixed earnings and inflation signals. Amazon disrupts health marketplaces, Tapestry-Capri deal ends, Treasury yields edge higher.
05:20am, Friday, Nov 15, 2024
Wall Street faces a downturn as traders react to Fed Chair Powell’s cautious stance on interest rate cuts, mixed Chinese economic data, and a UK GDP contraction. Major indices are down, with crude oil prices also declining amid demand concerns.
05:15am, Friday, Nov 15, 2024
Samsung Electronics (KRX: 005930) announces a 10 trillion won share buyback, boosting shareholder value amid market turbulence. The first buyback since 2017 sees a 7.2% stock surge, signaling potential recovery for traders as the firm tackles semiconductor challenges.
