Dell Gains on Nvidia Partnership While Others Fall: 3 Other Reasons to Buy DELL Stock Today
Last week we saw a bit of a sell-off in the AI and tech industries as a whole, but one stock actually managed to gain about 5% - Dell Technologies Inc. (DELL). This came after the hardware manufacturer got a shout-out from Wall Street darling Nvidia. Nvidia CEO Jensen Huang delivered a GTC Keynote late last Monday in which [...]
Market Recap: Last Week Tech-Led Surge Lifts Market as The Week Commenced
Monday: Wall Street kicked off the week with an upward trajectory, buoyed by gains in the technology sector. The Dow rose by 0.2%, the S&P500 improved by 0.6%, and the tech-heavy Nasdaq surged by 0.8%. Tuesday: Despite initial uncertainty, the major indices closed higher, overcoming investor concerns about the upcoming Federal Reserve announcement. The Dow, S&P500, and Nasdaq all [...]
FedEx is Up 8% After Beating Earnings, Approving $5b Buyback: 3 Other Reasons to Buy FDX
FedEx (FDX) is ending the week with a bang. The stock is up more than 8% Friday morning after the company beat the expectations for third-quarter earnings and announced a massive stock buyback program. The company did disappoint in revenue, with a 2% slip year over year to $21.7 billion. However, the bottom line saw a 14% improvement to [...]
Micron Technology is Up 15% on AI-Driven Earnings Beat and Outlook: Why MU is a BUY Today
Shares of Micron Technology (MU) surged more than 15% Thursday after the company’s fiscal second-quarter earnings easily beat the consensus, driven by the AI craze. The company doubled down on these results with an upbeat outlook for the road ahead, too. The memory and storage chip manufacturer grew revenue from just $3.69 billion this time last year to $5.82 [...]
How the Fed’s Rate Decision Will Impact the Market
The week, and, frankly, the month’s sentiment, will be set by today and tomorrow's Fed meeting and information on a rate cut. As Americans continue to feel inflationary pressures, the FOMC members’ interpretation of recent inflation data, such as CPI and PPI, will lay the path for when to expect a cut and how severe it could be. With [...]
Chipotle Climbs on Approval of 50 to 1 Stock Split – Here are 3 Other Reasons to BUY CMG Today…
Chipotle Mexican Grill (CMG) climbed 6% higher Wednesday morning after announcing that its board of directors had approved a 50 to 1 stock split. This will make the stock more accessible to employees along with other retail investors, as it currently trades at around $2,973/share. If the company gains shareholder approval for the move in the upcoming June 6 [...]
