We are closing in on what could be the best August in stocks since 2000. And that seems optimistic, as futures are at a record high for the S&P 500 SPX on Friday. + 0.67% And Nasdaq Composite COMP, + 0.60%. Of course, autumn and winter are coming, U.S. The …
Read More »Dell, VMware shares stand on strength of work from home (and learning)
Dell Technologies Inc. shares rose higher on Thursday as the computer company’s earnings and adjusted earnings exceeded Wall Street expectations. Dell DELL, + 0.48% shares traded 1.8% after hours after closing the regular session at $ 62.43, up about 0.5%. The company reported second-quarter net income of $ 1.1 billion, …
Read More »How high can Tesla shares fly? Try $ 3,500, says this Bullish analyst
A Bullish start to the week is underway, fueled by hopes of easing US-China tensions and signals US President Donald Trump will try to track down some coronavirus treatments. Hopes also build that markets will receive supportive remarks from Federal Reserve Chairman Jerome Powell at the central bank in Jackson …
Read More »Following the record run of the S&P 500, UBS says it is looking for the following stock winners here
A red flag from the Federal Reserve has crept investors a bit, in a week that has delivered milestones for equities. Global stocks are slipping after the Fed released the minutes of its last policy meeting late on Wednesday. “In summary, the minutes described a weakened economy on an uncertain …
Read More »Nvidia’s server company is earning gaming chips for the first time as revenue, forecasting away
The revenue and forecast of Nvidia Corp. wanted Wednesday past expectations, despite the COVID-19 pandemic, because the data center chips for the company for the first time broke more money than the gaming specialist’s core business. Nvidia NVDA, -0.99% reported second-quarter fiscal net income of $ 622 million, or 99 …
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