Dow Jones Futures: Uber, Shopify Dive On Earnings But Three Stocks Flash Buy Signals
Uber and Shopify sold off early Wednesday on earnings, but Arista Networks led stocks flashing buy signals on results.
New indicators of a cooling economy eased inflation concerns, driving the S&P 500 to record highs last week. The index, which dropped around 4% in April, is now up 11% for the year. Will this momentum continue? Savita Subramanian, head of US Equity and Quantitative strategy at Bank of America, believes it will. She’s taking an upbeat stance on the current market outlook, and backs it with a look at long-term results from the past 300-plus quarters. “20 were recessionary, 13 were stagflationary,
This booming restaurant business has crushed the market in the past few years.
Analysts see Nvidia's earnings per share soaring 474% to $5.22, with revenue up 241% to $24.5 billion.
The software giant goes with Nvidia's rival for a platform of AI chips.
The Under Armour meltdown continues.
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Data center services are on the rise as generative AI continues to fuel the broader technology sector.
Consumer prices climbed 3.4% year-on-year in April.
The stock market is right at highs but Nvidia earnings offer a major test. Five AI stocks are near buy points.
It's now Buffett's biggest holding by far for Berkshire Hathaway.