The big earnings beat from Nvidia Corporation (NVDA) on Thursday sent the stock soaring more than 6.5 percent. But perhaps more importantly than the short-term gain, Nvidia once again proved to skeptics that long-term investors can rely on the company’s secular growth trends even during one of the shakiest weeks the market has had in years.
Even after Broadcom Ltd. (Nasdaq: AVGO) raised its buyout bid for Qualcomm, Inc.(QCOM) from $70 per share to $82 per share this week, it looks like the deal’s completion may still be a long shot. On Thursday, the Qualcomm board once again expressed major concerns about the deal and says it sees “no next step” to getting…
Cisco Systems Inc. (Nasdaq: CSCO) investors are hoping to get some love from Cisco this Valentine’s Day if the company can repeat last quarter’s impressive earnings beat on Feb. 14.
After initially trading higher following its earnings report this week, Tesla Inc (Nasdaq: TSLA) stock began falling again when investors and analysts raised questions about key financial numbers and the reliability of CEO Elon Musk’s predictions.
The 40 percent sell-off in bitcoin and other cryptocurrencies to start the year has once again sparked concerns among investors that a bubble in cryptocurrency prices may be bursting. Unfortunately for investors, Goldman Sachs analysts now say they see plenty of evidence that the cryptocurrency market is experiencing a textbook financial market bubble.
CVS Health Corp (NYSE: CVS) stock jumped more than 2 percent on Thursday morning after the company topped fourth-quarter earnings expectations and announced it would be raising pay for its employees.
Apple Inc. (Nasdaq: AAPL) stock is down 8.7 percent in the past month after the iPhone X “supercycle” turned out not to be as super as investors had hoped. While there may still be long-term value in Apple stock, Goldman Sachs analyst Rod Hall says investors shouldn’t be in a hurry to buy.
Tesla Inc (Nasdaq: TSLA) may not have solved its Model 3 production problems yet, but the company eased some fears about its precarious financial situation on Wednesday afternoon.
Steve Wynn is out as CEO of Wynn Resorts, Limited (Nasdaq: WYNN) amid accusations of sexual misconduct. Wynn officially announced he is stepping down on Tuesday, and investors and analysts see his departure as good news for the company.
Tesla Inc (Nasdaq: TSLA) gets yet another chance on Wednesday to show the market it is getting back on track following repeated delays in its Model 3 production ramp. Unfortunately for Tesla investors, some analysts expect more disappointment.