Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.
The market expects Nvidia (NVDA) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended January 2022. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful fa
Wall Street rallied on Wednesday, with megacap growth stocks powering higher thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.
What happened
Shares of Nvidia (NASDAQ: NVDA) charged sharply higher Wednesday, jumping as much as 5.5%. As of 12:42 p.m. ET today, the stock was still up 5.3%.
For Immediate ReleaseChicago, IL – February 9, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
Mandiant MNDT stock gained nearly 3% in Tuesday’s extended trading session after the company reported a lower-than-expected loss for the fourth quarter of 2021. The cyber defense, intelligence and response solution provider posted a non-GAAP loss of 10 cents per share, a
What are the best semiconductor stocks for 2022 and beyond? The semiconductor shortage has been big news, but with so many different companies in the semiconductor sector, it can be challenging to identify the top stocks to buy now. One interesting company that has unique supply
Today's video focuses on Nvidia (NASDAQ:NVDA) and an update on its Arm acquisition that has received numerous pushbacks from regulatory committees. With a strong balance sheet, Nvidia may seek out other acquisition targets. Here are some highlights from the video.
SoftBank's decision to list British chip designer Arm is good news for New York, bad news for London and the best option left for the Japanese group after the collapse of its blockbuster sale to Nvidia.
Japanese shares ended higher on Wednesday following an overnight tech-led rally on the Wall Street, while investors buying stocks of companies that reported strong results as the earnings season nears its peak further supported sentiment.
Big Tech gave major U.S. stock indexes a boost on Tuesday and European shares ended largely unchanged as a sharp fall in oil prices took the shine off bumper profits from oil company BP.
Do You Have These Autonomous Vehicle Stocks On Your Watchlist?Over the past few years, autonomous vehicle (AV) stocks have been rising in popularity among investors in the stock market. While it may be true that electric vehicle (EV) stocks have been making the headlines, the AV
SoftBank's decision to list British chip designer Arm is good news for New York, bad news for London and the best option left for the Japanese group after the collapse of its blockbuster sale to Nvidia.
What happened
Nvidia (NASDAQ: NVDA) stock was down by as much as 3% at 10:35 a.m. ET Tuesday -- before turning around, erasing its losses, and heading higher in early afternoon trading. As of 12:34 p.m. ET, it was up by about 1%
Major U.S. stock indexes were higher on Tuesday in choppy dealings as Europe slipped despite bumper BP profits, while the euro was pegged back as the European Central Bank tried to cool interest rate hike expectations.
As expected, Q4 earnings season takes its proper place among news headlines for the market ahead of today’s open. But first, today an announcement was made by Japanese holding company Softbank and Silicon Valley tech giant NVIDIA (NVDA) that the latter’s acquisition of So
The S&P 500 and the Nasdaq declined on Tuesday as disappointing earnings from Pfizer and declines in megacap technology names added to jitters ahead of inflation data this week that could spark bets on quicker interest rate hikes.
Tuesday, February 8, 2022As expected, Q4 earnings season takes its proper place among news headlines for the market ahead of today’s open. But first, today an announcement was made by Japanese holding company Softbank and Silicon Valley tech giant NVIDIA NVDA that the lat
Stock Market Today Mid-Morning UpdatesOn Tuesday, the Dow Jones Industrial Average is up by 80 points. The markets are opening today to what seems to be another turbulent week as mixed corporate earnings begin to pour in so far. Also, with investors eagerly awaiting Thu
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