Why is Hasbro stock the worst S&P 500 performer today despite earnings beat?

Shares of Hasbro fell sharply on Wednesday even after the toy and gaming company reported stronger-than-expected first-quarter earnings and revenue, as investors focused on the company’s decision to maintain rather than raise its full-year outlook. Hasbro stock dropped roughly 8.32% to $89.09, making it the worst-performing stock in the S&P 500 during the session. The… Continue reading Why is Hasbro stock the worst S&P 500 performer today despite earnings beat?

Bernstein explains why it isn’t too late to invest in Arm stock

Investors are cheering Arm Holdings (ARM) on Wednesday after a senior Bernstein analyst, David Dai, issued a bullish note in favour of the British chip designer. Dai initiated coverage on Arm this morning with an “outperform” rating and an aggressive $300 price target, indicating potential upside of roughly 18% from current levels. Bernstein’s bullish call… Continue reading Bernstein explains why it isn’t too late to invest in Arm stock

Why Tesla stock is up around 2% today

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

Why Nvidia earnings are particularly significant for Intel, AMD stock

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

Marvell stock jumps on AI networking demand: Is more upside coming?

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 to cut 3,000 jobs, Reuters reports, as stock falls ahead of earnings

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

Dow slips as Nvidia rally lifts Nasdaq ahead of crucial 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

Target posts strongest sales growth in years: Is growth back for good?

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?

Cava stock jumps 9% after earnings beat as analysts raise price targets

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