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Good morning, traders. Happy Friday, October 11th. The market is hitting all-time highs again- the S&P 500 and Dow Jones were at records and on the way to record closes. Bank earnings are in, finally anointing the start of the Q3 earnings season, and their stocks climbed across the board on good results.
My name is Kevin Travers; here are stonks and stories you must know about on Wall Street Today.
$Tesla (TSLA.US)$ stock fell 7% Frida...
My name is Kevin Travers; here are stonks and stories you must know about on Wall Street Today.
$Tesla (TSLA.US)$ stock fell 7% Frida...
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Columns What to Expect in the Week Ahead (AVGO and NIO Earnings; U.S. Jobs Report and Inflation Data)
Last week, the Nasdaq declined while the Dow and S&P 500 advanced for the week, though all closed above crucial support levels. The S&P 500 outperformed in August with a 2.3% increase, followed by the Dow's 1.8% rise. The Nasdaq increased by 0.7%, ending significantly below its mid-month high for July.
Earnings reports from Salesforce and Nvidia made headlines in the latest week. Now it's Broadcom's turn...
Earnings reports from Salesforce and Nvidia made headlines in the latest week. Now it's Broadcom's turn...
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xedubx
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$Super Micro Computer (SMCI.US)$ is seeing heavy put options trading as a short-seller report from Hindenburg Research sent the stock of the server maker tumbling as much as 8% before the shares pared their declines.
Volume on put options that give the holders the right to sell the stock at $500 reached 13,480 contracts by early afternoon in New York Tuesday. That's the biggest among SMCI puts and calls of variou...
Volume on put options that give the holders the right to sell the stock at $500 reached 13,480 contracts by early afternoon in New York Tuesday. That's the biggest among SMCI puts and calls of variou...
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Last week, the Dow Jones Industrial Average and S&P 500 Index moved back toward record highs, as investors appeared to celebrate Federal Reserve Chair Jerome Powell’s announcement that interest rate cuts would soon be coming. The gains were also broad-based, with small-caps outperforming large-caps and an equal-weighted version of the S&P 500 Index outpacing its more familiar, capitalization-weighted counterpart.
Nvid...
Nvid...
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As of the week ending August 16th, market sentiment has significantly improved. US stock indices opened lower on Friday but rallied later in the day, with both the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ posting gains for the seventh consecutive day. They rose 3.9% and 5.2% respectively for the week, marking their best performance since October last year and ending ...
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After the busy period of big tech stocks reporting their earnings, attention now turn to some of the mid-cap companies. $Super Micro Computer (SMCI.US)$, $Novo-Nordisk A/S (NVO.US)$, $Eli Lilly and Co (LLY.US)$, $Disney (DIS.US)$ and $Shopify (SHOP.US)$ will reease earnings this week.
$Super Micro Computer (SMCI.US)$ will release its quarterly earnings after the market closes on Tuesday, August 6th. Super Micro Comp...
$Super Micro Computer (SMCI.US)$ will release its quarterly earnings after the market closes on Tuesday, August 6th. Super Micro Comp...
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