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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.

ASML

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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.

AAWH

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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.

AAPL

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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.

ANET