Salesforce, UiPath, Best Buy, Kohl’s, Foot Locker, HP Inc., C3.ai, Nutanix, and More Stock Market Movers
Stocks fell Thursday as Salesforce issued a weak outlook and rising bond yields weighed on sentiment. Salesforce reported first-quarter adjusted earnings that topped Wall Street predictions but shares of the business-software company were falling 18% after revenue of $9.13 billion…
NCino Reports Demand for Cloud Banking, AI Drives Record Sales
NCino reported Wednesday (May 29) that demand for its single-platform cloud banking solution and artificial intelligence (AI) features drove record gross sales in the most recent quarter. The company reported that its total revenues of $128.1 million for the first…
Supercar EV Sales Whimper as Buyers Still Want an Engine Roar
The auto industry is fully committed to electrification, including supercar manufacturers such as Ferrari, Maserati, Aston Martin, Lamborghini, and Bugatti. But that doesn’t mean the road to full EV is not going to be full of bumps. Early EV supercars…
BYD and VW Turn Up the Heat on Tesla With Better Plug-in Hybrids and Cheaper EVs
Global auto makers are unveiling better cars and technologies in what is becoming an industry that has become more complicated and competitive every day. On Tuesday, Chinese electric-vehicle maker BYD unveiled the fifth generation of its plug-in hybrid technology that…
When Nvidia beats estimates, these 6 AI stocks tend to rise
Six artificial intelligence-related stocks tend to react positively to Nvidia ‘s quarterly results, according to CNBC Pro analysis. It comes ahead of Nvidia’s first-quarter earnings this year, which will be released Wednesday after the market close. Five U.S.-listed stocks —…
Morgan Stanley says shares of this Nvidia supplier could pop if AI leader gives a good forecast
One semiconductor supplier could win big from a strong outlook from chip giant Nvidia , according to Morgan Stanley. ” TSMC is the sole supplier for NVDA AI GPU, so we view NVDA’s July-quarter revenue guidance, due on May 22,…
7 Stocks Flash Buy Signals; What To Do As Market Roars
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, after a big week for the Nasdaq and leading stocks. X Apple (AAPL), Amazon.com (AMZN), Novo Nordisk (NVO), Eli Lilly (LLY), Super Micro Computer (SMCI)…
Wall Street Humbled as Fast-Reversing Markets Confound the Pros
Stock Market This Week: S&P 500, Nasdaq Finish Higher Bloomberg
Retail Sales Data Suggests A Strong Consumer Or Does It
The latest retail sales data suggests a robust consumer, leading economists to become even more optimistic about more robust economic growth this year. To wit: “It has been two years since forecasters felt this good about the economic outlook. In…
Tech Futures Jump As These Two Titans Lift Slew Of Stocks
Dow Jones futures rose early Friday, along with S&P 500 futures and especially Nasdaq futures. Microsoft (MSFT) jumped and Google parent Alphabet (GOOGL) soared on earnings, leading another big night of quarterly results. X The stock market rally attempt suffered…