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Alex Vellor
Author: Alex Vellor
08:42am, Wednesday, Aug 28, 2024
Stock Market on Wednesday: Nvidia's earnings expectations, record home prices, and Abercrombie & Fitch’s growth amid an uncertain economic environment.
04:36am, Wednesday, Aug 28, 2024
Gold prices dipped 0.6% to $2,509.75 amid a stronger dollar and anticipation of the U.S. inflation report. Market sentiment remains bullish as traders expect a Federal Reserve rate cut. Silver and other precious metals also saw declines, reflecting market trends.
04:27am, Wednesday, Aug 28, 2024
Abercrombie & Fitch (ANF) is set to report Q2 earnings. Analysts expect 16.7% revenue growth and $2.28 EPS. See what else to watch for in the apparel retailer’s results.
05:36am, Tuesday, Aug 27, 2024
Nvidia to report Q2 2025 earnings with revenue expected to double. Investors watch for data center growth and updates on the Blackwell AI chip delay.
08:57am, Monday, Aug 26, 2024
Monday markets recap: IBM exits China, Exxon forecasts strong oil demand through 2050, and key inflation data could influence the economic outlook.
08:30am, Friday, Aug 23, 2024
Stock futures climb as markets anticipate Powell's Fed speech. July home sales rise, indicating a housing market recovery. Crude oil faces steep weekly losses.
03:30am, Friday, Aug 23, 2024
The Japanese stock market closed positively on Friday, with the Nikkei 225 rising 0.55%. Leading stocks included Sharp Corp (+6.95%) and Shimizu Corp (+4.72%). However, Advantest Corp and Lasertec Corp faced declines. The market showed strong growth potential amid shifting commodities...
09:18am, Thursday, Aug 22, 2024
Stocks rebound as investors anticipate a Fed rate cut. Key insights on labor data, and Peloton's recovery.
08:52am, Thursday, Aug 22, 2024
META and Amazon have received high ratings from Wall Street analysts. But who might benefit from investing?
07:28am, Thursday, Aug 22, 2024
Walmart (NYSE: WMT) partners with Burger King to offer Walmart Plus members a 25% discount on digital orders, starting September. This move strengthens Walmart's appeal amid competition with Amazon (NASDAQ: AMZN) and could enhance both brands’ customer loyalty and sales.
08:53am, Wednesday, Aug 21, 2024
Wednesday Recap: Markets pause as S&P and Nasdaq streaks end. Target beats earnings, GM and Ford adjust electric vehicle strategies amid evolving industry challenges.
06:20am, Wednesday, Aug 21, 2024
Xiaomi Corp (OTC: XIACF) reports a 32% revenue surge in Q2, reaching 88.9 billion yuan ($12.46B), driven by its auto business and strong smartphone sales. Adjusted net income rose to 6.18 billion yuan, exceeding expectations, highlighting growth potential for traders.
03:09am, Wednesday, Aug 21, 2024
Snowflake is set to announce earnings. Analysts expect 26.1% revenue growth to $850M. Will it beat Wall Street’s estimates again?
09:09am, Tuesday, Aug 20, 2024
Tuesday Markets: Markets rally as S&P 500 and Nasdaq mark 8-day winning streak. GM announces layoffs. Lowe’s cuts outlook despite earnings beat. Bitcoin and crypto gain on rate cut hopes.
