Nvidia’s shareholders will meet on Wednesday, June 26 at 12 pm EST, following a three-day losing streak for the chip stock. Chipotle’s 50 for 1 stock split will begin trading tomorrow at an adjusted price, with the stock up 43% for the year. Earnings reports are expected from Micron Technology, General Mills, Levi Strauss, and BlackBerry. Economic data on May new home sales will also be released, with estimates slightly lower than April. For more market insights, watch the full episode of Market Domination Overtime. Additionally, Nvidia may highlight its AI advances at the meeting, while investors could see gains from the company’s stock split. Earnings reports from Micron, General Mills, Levi Strauss, and BlackBerry are anticipated, with potential revenue and margin increases. Economists anticipate May new home sales to rise to 640,000, shedding light on the challenging housing market for buyers.
Article Source
https://finance.yahoo.com/video/nvidia-meeting-chipotle-stock-split-211745030.html