Nvidia
Several Points of Focus Today
November 20, 2024
Third-quarter earnings from the Nvidia, which arrive after markets close today, could be highly influential in determining where the stock market goes from here. Forward guidance from the AI chipmaker holds the key. Disinflation and sluggish growth in the euro area are the backdrop to the recent less hawkish tone of ECB officials, but today’s […] More
Steller Nvdia Earnings, Early May Purchasing Manager Surveys, and Central Bank Rate Announcements in Turkey and South Korea
May 23, 2024
AI Bellwether Nvidia earnings and revenues soared past expectations last quarter, with on-year jumps of 461% and 262%, respectively. The company’s share price jumped 7.2% in after-hours trading, helping to drive up the Nasdaq and SPX by 1.0% and 0.6% in futures. Equity markets in Japan (+1.3%) and India (+1.6%) were big winners, too. But […] More
Central Bank News and Released Data Share Wednesday’s Spotlight
May 22, 2024
The dollar continues to trade buoyantly, firming overnight by 0.3% against the yen, 0.4% versus the Swissy, and 0.2% relative to the euro and Canadian dollar. Ten-year sovereign debt yields are higher, led by an 11-basis point jump in British gilts following higher-than-projected CPI inflation last month of 2.3% but also including rises of six […] More
Renewed Appetite for Risk
February 22, 2024
Following a near-3% slide Wednesday prior to a better-than-forecast earnings report, Nvidia stock has shot up 13% in pre-open futures trading. The tech-intensive Nasdaq has climbed 2% in pre-market trading, followed by a 1.3% jump in the SPX and a lesser 0.4% DJIA advance. Other stock markets have done well, too. Japan’s Nikkei finally after […] More
