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NVIDIA Heads for Record High: Can Earnings Push It Even Further?
NVIDIA is nearing a new record, and there could be more gains ahead. On Monday, shares climbed 2.7%, setting the company up for its third record close this year and its strongest four-day run since October 2025. Here’s what’s fueling the momentum and why the May 20 earnings report might push the stock even higher. […]
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Twitter Shares Plunge as Elon Musk Reneges on Deal
Ticker Symbol: TWTR The shares of social media giant company Twitter are down over 7% in this morning’s trading session after the deal the company struck with the Chief Operating Officer of Tesla, Elon Musk, fell through. Musk had made a bid to purchase the company for approximately $44 billion, or $54.20 a share in […]
Why Rivian Shares Are Soaring Today
RIVN Electric vehicle upstart, Rivian Automotive Inc., announced today that quarterly deliveries for the third quarter were 6,584 vehicles to customers. Further, the company reiterated that it would build 25,000 pickups and SUVs this year after producing 7,363 during the quarter. Shares were trading up by over 8% in the morning trading session, last exchanging […]
June’s Jobs Report Comes in Stronger Than Expected
The June nonfarm payrolls report from the U.S. Labor Department showed that the economy added 372,000 jobs during the month while the unemployment rate held at 3.6%. Crucially for stock-market investors, buried in the report was a sign that inflation may be slowing as average hourly earnings rose less than economists had forecasted, rising 0.3% […]
Samsung Jumps on Better Guidance and Sales Beat
Samsung Electronics, the South Korean technology giant, reported a small beat in its top line and provided better than expected earnings guidance for the second quarter. Samsung is one of the earliest technology companies to report on its June 30th ending quarter, and the statement from South Korea’s largest company helped improve investor sentiment across […]
Amazon Strikes Deal with Grubhub
Ticker Symbol: JTKWY, AMZN Amazon struck a deal with JustEatTakeaway.com unit Grubhub this morning, taking a stake in the food delivery business and offering the service to its U.S. Amazon Prime members at no additional cost for one year. Shares of Just Eat were up over 15% in morning trading, while Amazon shares were trading […]
Tesla Shares Drop on Disappointing Deliveries and Plant Downtime
Ticker Symbol: TSLA The largest electric vehicle manufacturer in the world, Tesla Inc, announced over the long July 4th weekend that quarterly deliveries for the second quarter were 254,695 cars worldwide, missing the average analyst forecast of 261,387 cars. Additionally, the company announced that it would halt production in numerous plants to upgrade factories and […]
Walgreens Shares Sink to New 52-Week Low Despite Strong Earnings Report
Ticker Symbol: WBA Large pharmacy-store operator, Walgreens Boots Alliance shares were trading down roughly 5% to $38.75 in the mid-morning session despite beating Wall Street’s earnings estimates. The company also reaffirmed its adjusted earnings forecast for the full fiscal year. Shares have come under pressure lately after the company put a pause on its plans […]
U.S. Bank Shares Rise After Fed Releases Stress Test Results
Ticker Symbol: JPM, MS, GS, BAC, WFC, C Large U.S. bank shares were up broadly in mid-afternoon trading today after the Federal Reserve released its stress test results and said that banks should be able to maintain regulatory buffers even in the event of a severe recession. Four of the six largest U.S. banks decided […]
Nike Shares Lower After North American Sales Miss Target
Ticker Symbol: NKE Global fitness apparel maker Nike’s shares were trading lower this morning after the company reported sales in regions that missed investors’ outlook. Despite beating revenue and earnings analyst estimates for the fiscal fourth quarter, the company provided weak guidance for its first quarter of 2023, and announced an $18 billion four-year share […]
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