Santa Rally brings together a series of US-listed companies that are likely to benefit during the holiday shopping season, ranging from traditional retail giants to emerging e-commerce platforms, and from home improvement chains to payment service providers. This sector comprehensively reflects the diversified needs and consumption patterns of modern consumers during the holiday period. These companies typically experience sales peaks during the Christmas season and are therefore viewed as Christmas concept stocks.
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This week, various companies including $C3.ai (AI.US)$ , $GameStop (GME.US)$ , $Costco (COST.US)$, and $Broadcom (AVGO.US)$ are releasing their earnings. How will the market react to the companies' results? Let's make a guess!
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The S&P 500 and NASDAQ rose 0.25% and 0.81%, respectively, both hitting record closing highs, while the DJIA finished 0.28% lower after giving back earlier gai...
$Oracle (ORCL.US)$ and $Broadcom (AVGO.US)$ are expected to deliver strong results driven by demand for artificial intelligence. Meanwhile, $Adobe (ADBE.US)$ might experience a delay before its AI initiatives significantly impact its earnings.
Oracle is scheduled to report earnings on Monday. According to Bloomberg Intelligence, $Oracle (ORCL.US)$ is projected to see an 8.3% growth in constant-currency sale...
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