Nvidia’s 10% Leap Propels Tech Indexes To Record Highs; Blue Chips, Small Caps Slip: What’s Driving Markets Thursday?
Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.
Stock Market Reclaims Record Highs, Nvidia Tops $1,000 As AI-Driven Rally Resumes: Thursday’s Top Movers
Wall Street opens with record highs on Nvidia's strong earnings and guidance, S&P 500 and Nasdaq 100 surge, while technology stocks lead the gains.
Goldman Sachs Expects Nvidia To ‘Sustain Competitive Lead,’ Raises Price Forecast To $1,200 Following Stellar Q1 Earnings
Goldman Sachs analysts say Nvidia is driven by remarkable earnings and strong growth potential, bringing the price forecast to $1,200.
Nvidia At The Center Of Global ‘Sovereign AI’ Wave: Here’s What It Means
Nvidia is emerging as a key player in the global drive for 'Sovereign AI' as nations seek to develop independent AI capabilities, a trend that could significantly boost the company's long-term growth.
Nvidia Stock Zooms Past $1000, Lifts AMD Shares: What’s Powering AI Chip Plays Premarket?
The chipmaker reported first-quarter earnings and revenue well above lofty expectations and gave an upbeat quarterly revenue outlook.
Tilray Launches $250M At-The-Market Program To Boost Acquisitions, Eyes Expansion With U.S. Cannabis Rescheduling
Tilray launches a $250M ATM program to fund strategic acquisitions and leverage U.S. cannabis rescheduling when effective. Read now!
Fear & Greed Index In ‘Greed’ Zone; S&P 500 Hits Record High After April Inflation Report
The CNN Money Fear and Greed index showed further improvement in overall market sentiment, while the index remained…
Analysts May Need To Revise Cannabis Stock Projections For 2024: 10 Companies Surpass EBITDA Estimates By $37M
Cannabis equity analysts may need to revise their 2024 earnings estimates after first-quarter results from major multi-state operators (MSOs). According to a recent report by Viridian Capital Advisors, 10 MSOs surpassed EBITDA estimates by $37 million in the first quarter of 2024, indicating that initial projections may have been too conservative.
Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets
Week in markets: quiet week, Q1 earnings positive, S&P 500 and Dow Jones up, utilities sector stands out, job market and inflation concerns, interest rate cuts expected. Buffett reduces Apple stake, Apple unveils new iPads, Tesla cuts jobs in China, Pfizer settles lawsuits.
Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What’s Driving Markets Friday?
A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.