Category: Latest News
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Nvidia’s blowout earnings, Walmart results, and U.S. jobs data: key drivers in today’s markets
U.S. equity futures rallied sharply on Thursday after Nvidia’s (NASDAQ:NVDA) powerful earnings report helped ease investor worries about overstretched valuations in the technology sector. Attention now shifts to upcoming results from Walmart (NYSE:WMT) and the highly anticipated September nonfarm payrolls report. Nvidia reignites market optimism Nvidia delivered another blockbuster quarter, offering a major confidence boost…
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New developments in drones – Is a growth spurt on the horizon? NEO Battery Materials, LG Chem, Albemarle
The war in Ukraine has triggered a boom in micro drones – and with it, a surge in demand for specialized battery technology. Ukrainian forces are increasingly relying on swarms of low-cost mini drones to counter larger unmanned combat aerial vehicles (UCAVs), such as Iranian Shahed drones. Several trends are emerging here for investors: demand…
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Nvidia lifts outlook as Blackwell-fueled AI surge drives blockbuster quarter
NVIDIA Corporation (NASDAQ:NVDA) delivered another standout performance, issuing stronger-than-expected guidance after posting fiscal third-quarter results that handily beat Wall Street forecasts. Shares climbed about 3% in late trading as the ongoing AI build-out continued to propel demand for its newest Blackwell processors. For the quarter ended Oct. 26, Nvidia reported adjusted earnings of $1.30 per…
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U.S. Stocks Close Mostly Higher Ahead Of Nvidia Earnings
After failing to sustain an early rally, stocks fluctuated over the course of the trading session on Wednesday before eventually ending the day mostly higher. The major averages all closed in positive territory after spending the day bouncing back and forth across the unchanged line. The tech-heavy Nasdaq closed up 131.38 points or 0.6 percent…
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Markets in Motion: Tech tumbles as resources strengthen
In today’s Markets in Motion, tech stocks are under pressure after a week of sharp declines. Michael Burry’s call on a potential technology top is back in the spotlight, and Peter Thiel’s decision to exit his NVIDIA position has added even more attention ahead of the company’s earnings report tomorrow. With sentiment shifting, investors are watching…
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Netflix shares decline as investors question potential Warner Bros. Discovery takeover
Netflix (NASDAQ:NFLX) fell 2.7% on Wednesday as markets reacted to reports that the company is evaluating a possible bid for key Warner Bros. Discovery (NASDAQ:WBD) assets — a move that would represent one of the largest strategic pivots in the streamer’s history. According to multiple reports, Netflix has hired a financial advisor and begun reviewing…
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Williams Sonoma tops profit forecasts, lifts margin outlook as demand holds steady
Williams Sonoma (NYSE:WSM) delivered quarterly results that exceeded Wall Street expectations and raised its profitability outlook, supported by improving comparable sales and stable consumer demand across its portfolio. The home furnishings retailer reported third-quarter earnings of $1.96 per share, ahead of analyst estimates of $1.87. Revenue came in at $1.88 billion, slightly better than the…
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Micron shares slip as CEO signals rising capital needs despite strong tech outlook
Micron Technology, Inc. (NASDAQ:MU) dipped around 1% on Wednesday after executives hinted at upcoming increases in capital spending during a discussion at RBC Capital Markets’ 2025 Global Technology conference. Speaking at the event in New York, CEO Sanjay Mehrotra said the company’s current annual capex pace of roughly $18 billion could come under “pressure” amid…
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Actelis Networks shares climb after securing new order from major Japanese railway operator
Actelis Networks Inc. (NASDAQ:ASNS) edged 2.2% higher in premarket trading Wednesday after revealing that it has landed a fresh order from a leading railway operator in Japan. The deal, valued at roughly $100,000, will supply Actelis’ cyber-hardened networking technology for a critical infrastructure modernization initiative. The company’s hybrid networking solutions let rail operators upgrade communication…
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Iron Mountain shares sink after Gotham City targets company with sharp short report
Iron Mountain (NYSE:IRM) tumbled 6% on Wednesday after short-seller Gotham City Research published a highly critical report that challenges the company’s financial reporting and leverage profile. In its detailed note, Gotham accuses the records management giant of distorting key financial metrics, alleging that Iron Mountain adjusts its leverage and EBITDA calculations to make its balance…