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Earnings

A 'drop the mic' moment: Here's how Wall Street is reacting to Nvidia's stunning 2nd-quarter earnings results

Thu, 08/24/2023 - 10:00

Nvidia — Jensen Huang, CEO of NVIDIA, speaks during a press conference at the Computex 2023 in Taipei on May 30, 2023.
SAM YEH/AFP via Getty Images

Markets, mi-exclusive, nvidia, nvidia-stock, nvidia-stock-price, Earnings, nvidia-earnings

US stocks rise after Nvidia's blowout earnings beat

Thu, 08/24/2023 - 09:34

Jensen Huang, CEO of NVIDIA, holding a chip. — Jensen Huang, CEO of NVIDIA, at a 2023 press conference in Taipei.
Sam Yeh / Contributor

Markets, mi-exclusive, Markets, nvidia, stock-market-news, stock-market, Stocks

Nvidia CEO Jensen Huang is now worth about $46 billion – more than Ken Griffin or Stephen Schwarzman

Thu, 08/24/2023 - 07:39

Jensen Huang — Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. — Nvidia CEO Jensen Huang is a big fan of leather jackets.
Mandel Ngan/AFP/Getty Images

Markets, mi-exclusive, Markets, nvidia-stock, Stocks, Earnings, Wealth

Dick's Sporting Goods plunges 25% after it says retail-theft crime wave lowered profits

Tue, 08/22/2023 - 17:48

dicks sporting goods curbside — Gus Promollo delivers an order into a customer's trunk at Dick's Sporting Goods in Paramus, N.J., Monday, May 18, 2020.
Seth Wenig/AP

Markets, mi-exclusive, dicks-sporting-goods, stock-market, Earnings, Mover, Retail

Here's why stocks have tanked in August and what Wall Street expects to happen next

Tue, 08/22/2023 - 07:47

Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 16, 2017. REUTERS/Lucas Jackson — Traders work on the floor of the NYSE
Thomson Reuters

Markets, mi-exclusive, Markets, stock-market-outlook, goldman-sachs, michael-burry, morgan-stanley

Trader who founded XTX sees fortune soar to $11 billion as quant firm becomes a top global player

Mon, 08/21/2023 - 16:02

Dollar notes — (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Markets, mi-exclusive, xtx-markets, dividend, Earnings, quantitative-trading, Wealth

Oil giant Saudi Aramco points to lower crude prices as profits plunge 38% in the 2nd quarter

Mon, 08/07/2023 - 11:00

saudi aramco — REUTERS/Ahmed Jadallah

Markets, MI Exclusive, Saudi Aramco, oil prices, oil price outlook, energy, Saudi Arabia

US stocks rise as investors digest mega-cap earnings and jobs report

Fri, 08/04/2023 - 09:32

Stock traders on the exchange trading floor. — Stock traders
Drew Angerer/Getty Images

Markets, MI Exclusive, daily market wrap, Stock Market, Investing, apple, amazon

Stocks fall as Fitch's downgrade of US debt rating rattles confidence

Wed, 08/02/2023 - 09:38

NYSE — Gen Z is putting more stock into careers in finance, with one in four recent graduates considering the field a top career sector.
Photo by ANGELA WEISS/AFP via Getty Images

Markets, MI Exclusive, stock market news, Stocks, Fitch, Debt, US Debt

US stocks trade mixed amid earnings rush and fresh economic data

Tue, 08/01/2023 - 16:07

NYSE — Gen Z is putting more stock into careers in finance, with one in four recent graduates considering the field a top career sector.
Photo by ANGELA WEISS/AFP via Getty Images

Markets, MI Exclusive, Dow Jones Industrial Average, S&P 500, NASDAQ, JOLTS, ISM manufacturing index

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