ASML falls sharply after issuing a growth warning, while Goldman Sachs, Morgan Stanley, and Bank of America post better-than-expected quarterly earnings.
3 minute read
Nvidia stock jumps after the chip maker says it soon expects to again begin selling its H20 AI chip in China, while earnings from JPMorgan Chase, Wells Fargo, and Citigroup beat analysts’ estimates.
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Kalei Akamine of BofA Securities double-upgraded his rating for NFG to Buy from Underperform.
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Trump to announce investment in AI, energy, threatens 100% tariffs on Russia, food brands could be ripe for deals, and more news to start your day.
Long Read
Boeing shares rise as the accident of Air India flight 171 doesn’t appear to have anything to do with aircraft design or manufacturing, while MicroStrategy and crypto-related stocks jump as Bitcoin sets a record high.
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Mizuho Securities reiterated Outperform ratings and lifted price targets for First Solar, Sunrun, and Bloom Energy.
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Nvidia stock rises after the chip maker ends Thursday’s session with a market cap above $4 trillion, while MicroStrategy trades higher as Bitcoin sets a record high of more than $118,000.
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There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.
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The challenges of the first half aren’t over, our 11 panelists say. Where they see opportunities for the second half of the year.
Long Read
These strategies aren’t new, but they are newly popular due to their potential for stable cash flows and inflation protection.
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Nvidia rises and pushes its market capitalization north of $4 trillion. It’s the first U.S. firm to reach and close above that level. Delta’s earnings beat analysts’ estimates.
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A shift to more domestic production could take years. Copper prices and mining stocks are rising.
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investors should look for oil companies that are relying on more than higher prices to boost profits. Chord Energy fits the bill.
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As Kermit the Frog told us, it’s not easy being green. Turns out it’s not easy being not-green, either.
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Nvidia’s valuation crosses $4 trillion during Wednesday’s session, while AES stock rises sharply following a report that says the renewable power company is exploring its options amid takeover interest.
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J.P. Morgan upgraded shares of the fuel-cell maker to Overweight from Neutral. Trump’s spending bill has been a boon.
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The company counts Microsoft, Google, and Meta among its partners.
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Tesla shares recoup some losses from Monday, while Amazon’s four-day Prime Day event kicks off.
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Things have never looked better for China’s EV and battery industries, William Pesek writes in a guest commentary.
Long Read
Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
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