Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | ReutersNvidia reports fiscal second-quarter earnings on Wednesday after the bell.Here’s how Nvidia is expected to do versus LSEG consensus estimates:Earnings per share: $1.01, adjustedRevenue: $46.02 billionThat would represent 53% year-over-year revenue growth for Nvidia, which carries a market cap of more than $4 trillion and is already the most valuable company in the world.That type of growth would add to a streak of explosive growth for the chipmaker, which has been on a tear since the arrival of OpenAI’s…
Author: usaeverydaylife
Check out the companies making the biggest moves midday: Paramount Skydance — The media stock lost more than 5%, marking its fourth straight day of losses, as the parent company of CBS continued to give back some of its sharp August gains. J.M. Smucker — The maker of Cafe Bustelo coffee and Jif peanut butter slid 5% after fiscal first-quarter net income and revenue trailed Wall Street estimates, and it warned second-quarter adjusted earnings per share will fall about 25% largely due to smaller coffee profits, according to FactSet. Donaldson — The maker of air and liquid filters jumped more…
Gilead’s (GILD) recent breakout to new 52-week highs is constructive and reflects improving investor sentiment around its leadership in HIV therapies and expanding oncology pipeline. The recent pullback provides an attractive risk/reward entry for adding upside exposure, especially given its strong fundamentals relative to peers. Trade timing and outlook GILD has trended higher throughout 2025, with a breakout above $120 earlier this summer confirming a new 52-week high. Shares have since pulled back toward trendline support near $114, offering an attractive risk to reward entry. Relative strength remains supportive, with GILD outperforming its sector by more than 25% this year.…
Club stock Apple may have experienced a huge rally this month, but according to Jim Cramer, the tech giant still has more in store to delight investors. That’s because Apple is expected to unveil new iPhone models at its annual launch event on Sept. 9, which the company sent out invites for on Tuesday. Jim described the event as “very important” for a company still facing questions about its artificial intelligence strategy. “I think it’s big,” Jim said during Wednesday’s Morning Meeting. The slimmer version of the new iPhone that Apple is expected to announce, in particular, could be a…
Tareq Amin, CEO of Humain, and Jensen Huang, CEO of NVIDIA, attend the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. Hamad I Mohammed | ReutersSaudi Arabia is looking to make data its new oil — if artificial intelligence and data center company Humain gets its way.The company, owned by the Saudi kingdom’s massive sovereign wealth fund, the Public Investment Fund, is looking to build out data center capacity in a country with seemingly unlimited land and abundant energy resources.Faced with lower oil prices and soaring costs for domestic megaprojects like the futuristic region of Neom, the kingdom…
Singer Taylor Swift and football player Travis Kelce sporting Ralph Lauren in their engagement picture is good news for the $18 billion, New York-based apparel maker, according to Jefferies. “For a company that states it is not only in the clothing business but in the dreams business, we view this outcome as mission success,” Jefferies analyst Ashley Helgans wrote in a Wednesday note to clients. Additionally, it’s “one that supports the strength of RL’s brand and likely continued momentum ahead.” In pictures shared on social media announcing the engagement Tuesday, Swift donned a striped dress that was sold out on…
The inside of one of Five Below’s existing locations.Five BelowWhen it comes to managing the impact of tariffs, retailers don’t have a one size fits all solution.An analysis of U.S. container data for retailers Abercrombie & Fitch, Best Buy and Five Below show various mitigation strategies. Industry experts say each retailer’s plans reflects the categories they are in and the customers they serve. This means not all retailers will be rushing to import goods, or front-loading, at the same time, from the same countries.All three companies were contacted by CNBC, but were in a quiet period because of this week’s…
Micron Technology could have a bright growth runway ahead, thanks to the artificial intelligence boom, according to CLSA. The investment firm began research coverage of the computer memory and data storage stock with an outperform rating and a $155 per share price target in a Wednesday report, implying about about 33% upside from Tuesday’s $116.50 close. Analyst Sanjeev Rana said that Micron is “riding the crest of the AI wave” thanks to customers’ strong appetite for high bandwidth memory, and dynamic random access memory (DRAM). MU YTD mountain Micron Technology stock in 2025. “Micron is well-positioned to capitalize on the…
White House National Economic Adviser Kevin Hassett prepares to give a live television interview at the White House in Washington, D.C., U.S., August 4, 2025.Jonathan Ernst | ReutersPresident Donald Trump’s top economic adviser Kevin Hassett said Wednesday that Federal Reserve Board of Governors member Lisa Cook should go on leave from the central bank even as she plans to file a lawsuit challenging her removal by Trump.”If I were her in her circumstance, I would take leave,” Hassett told reporters outside the White House.”I think it’s the honorable thing to do,” he continued, after a reporter asked about whether Cook should…
Annunciation Catholic School in Minneapolis, Minnesota.Courtesy: Google MapsAn active shooter who targeted a Catholic church and school in Minneapolis on Wednesday has been contained, the city said.”There is no active threat to the community at this time. The shooter is contained,” the city said in an X post.Local NBC News affiliate KARE 11, citing a source, reported that initial information suggests a “significant number of victims,” including some children, in the shooting at Annunciation Catholic School.Parents await news of their children’s status after shooting at Annunciation Church on Wednesday morning, Aug. 27, 2025 in Minneapolis. Richard Tsong-Taatarii | The Minnesota…
