stocktrader

Shares of Tesla (TSLA) staged a sharp rebound on Wednesday, rising roughly 2% and surging well above the psychologically important $400 level after several sessions of selling pressure. The recovery followed a difficult stretch in which Tesla shares had fallen sharply. The stock has been weighed down by concerns around recent vehicle price increases and… Continue reading Why Tesla stock is up around 2% today

The global semiconductor landscape is bracing for impact as Nvidia (NVDA) prepares to report its fiscal first-quarter 2027 financial results tonight after the closing bell. Wall Street’s consensus is hovering at a breathtaking bar, with analysts projecting a non-GAAP profit of $1.78 per share on record revenue of $79.2 billion. Achieving these figures would represent… Continue reading Why Nvidia earnings are particularly significant for Intel, AMD stock

Shares of Marvell Technology (MRVL) surged on Wednesday as Wall Street analysts raised price targets ahead of the chipmaker’s upcoming quarterly earnings report, citing accelerating demand for artificial intelligence infrastructure and custom AI processors. Marvell stock climbed more than 6% in morning trading to around $193 after a series of bullish analyst notes highlighted the… Continue reading Marvell stock jumps on AI networking demand: Is more upside coming?

Intuit is laying off around 3,000 employees globally, or roughly 17% of its workforce, as the software company restructures operations and intensifies its focus on artificial intelligence initiatives. The job cuts were disclosed in an internal memo sent by Chief Executive Sasan Goodarzi to employees on Wednesday and reviewed by Reuters. According to the memo,… Continue reading Intuit to cut 3,000 jobs, Reuters reports, as stock falls ahead of earnings

US stocks moved higher on Wednesday as investors piled back into semiconductor shares ahead of highly anticipated quarterly results from chip giant Nvidia, while easing Treasury yields and lower oil prices helped stabilize broader market sentiment. The S&P 500 rose about 0.26%, while the Nasdaq Composite gained roughly 0.61% after both indexes suffered three consecutive… Continue reading Dow slips as Nvidia rally lifts Nasdaq ahead of crucial earnings

Shares of TGT rose on Wednesday after the retailer reported stronger-than-expected quarterly earnings and raised its full-year sales outlook, signaling that its turnaround strategy is beginning to gain traction despite ongoing macroeconomic uncertainty. Target stock gained about 1.5% in premarket trading to $129.18 after the company posted first-quarter adjusted earnings of $1.71 per share on… Continue reading Target posts strongest sales growth in years: Is growth back for good?

Shares of CAVA Group jumped 9% in premarket trading on Wednesday after the Mediterranean fast-casual chain posted stronger-than-expected first-quarter 2026 results and raised its full-year outlook, reinforcing investor confidence in the company’s growth trajectory. The company reported revenue of about $434 million to $438 million for the quarter, representing a 32.2% increase from the same… Continue reading Cava stock jumps 9% after earnings beat as analysts raise price targets

Semiconductor stocks advanced in premarket trading on Wednesday as investors positioned for Nvidia’s closely watched first-quarter earnings report, with Intel leading gains after snapping a sharp five-day losing streak. Intel (INTC) shares rose more than 4% before the opening bell, following a 2.4% gain on Tuesday that ended a five-session slide during which the shares… Continue reading Intel snaps losing streak as semis rally ahead of Nvidia earnings